Economics is a fascinating subject, but it has to be taught right. With the proper materials, this science is a powerful tool in the adult world. Whether or not a career in economics of finance is attractive, understanding the economy is useful in several job sectors and in personal life.
So we reached out to the leading educators on economics and were recommended these 8 books. The fact that there are dozens of student economics textbooks means you have to choose wisely. Or not, if you have this list: these books offer introductory level explanations that steadily cover the most important concepts in economics, providing students with a proper understanding of the subject by the end.
This product was recommended by Nathan Sykes from NathanSykes
This bestselling book was specifically made for high school and college students as a handbook to personal finance and entrepreneurship – for teen entrepreneurs, by a teen entrepreneur. It takes the advice and ideas from 25 teen entrepreneurs who have made over a million dollars running their companies, and combines it with my experience scaling my business, Howdy Interactive, as a high school student.
This product was recommended by Osama from Outfitrs
A very simplistic book and exactly what I wanted. Mr Hazlett covers all the mistaken and harmful policies and beliefs of modern economic policy and governments and in fact society extremely well Showing why they are wrong and offering alternatives all wrapped around the ‘broken Window’ example. Easy to read covering all the main points.
This product was recommended by Majid Fareed from James Bond Suits
This book is really great for high school students. It teaches with funny illustrations. economics becomes easy with this book.
This product was recommended by Ahmed Mir from Nature and Bloom
I’m suggesting Thinking Fast and Slow because it’s different from the rest of the traditional economics books you come across. It challenges the (economics driven) status quo that everyone always thinks in a rational way, which we all know is false in actual society. Instead, the book gives you an insight into how the mind works and how biases can influence economic change. Being aware of these prejudices can be extremely helpful when attempting to look at things holistically and make rational decisions.
This product was recommended by Timothy G. Wiedman from Doane College
This comprehensive book (approximately 700 pages cover-to-cover) was written for young folks (who’ll be future voters) who need to understand how our economic world operates, but *don’t* want to deal with dense economic jargon nor difficult mathematics. Dr. Sowell has authored dozens of books and hundreds of short articles that were published in the popular press; and he is a Senior Fellow of the Hoover Institution at Stanford University. While this book appears to be quite long, many of the chapters are on specialized topics that novices can skip without any serious consequences. For a great many students, simply reading chapters 1 through 11, plus chapters 16 and 21 (a total of roughly 275 pages) will provide those readers with an excellent, jargon-free overview of basic economics.
This product was recommended by Leia Kalani from Tropical Topics
In my opinion, Thomas Sowell is one of the best economic academics of the modern era, who is often overlooked by high school teachers. This book breaks down common misconceptions about the economy in a way that doesn’t require previous in-depth knowledge of the economy. It reveals abd explains fallacies about the relationship between the economy race, third-world countries, and academia.
This product was recommended by Tom Feltham from Software Path
Doughnut Economics is a forward thinking look at new economic systems that aim to establish social foundations for society within our planetary boundaries. The economic theories discussed address critical issues in modern society including climate change and rising inequality. A good alternative to your old text book!
This product was recommended by William from Pickfu
It does a wonderful job in breaking down the inner facets of basic statistics and macro / micro-economic theory. The main selling point of the book is not what I just listed above, but that it brings real-world data on everyday problems and occurrences (Gun Violence, Poverty, Social/Economic Classes and Parenting). This allows anyone to relate to the book which is important for a young maturing adolescent.
This product was recommended by Stefan Chekanov from Brosix
Most people think economics is one of the most challenging and complex fields of study. But with this book, it doesn’t have to be! You will learn how the U.S. economy works in unbiased, easy-to-understand language. And you can learn it without the complex equations, arcane graphs, and technical jargon you’ll find in most economic texts.
This product was recommended by Norhanie Pangulima from Centriq
Despite its age, this book is a must-read for those that have an interest in economy and how the world really works. The author does a fantastic job explaining important economic concepts and without the confusing charts, graphs, and formulas you usually see in an economics book. A classic for young adults and older folks alike.