Economics is a fascinating field that every person benefits from understanding. Whether it’s personal finances or at work, economics affects everyone’s life, and understanding its important concepts and lessons elevates you above the rest.
Economics shouldn’t be a daunting subject, but having the best explanation of each term and phenomena definitely helps. That’s why we feel beginners need the highest quality explanations to build on.
We reached out to economics educators, and found these books below keep coming up as good starter books for economics. So start reading up and start applying what you learn – it’s that simple!
The Cash Machine by Dave Mason
This product was recommended by Dave Mason from The Cash Machine
The book is called The Cash Machine: a Tale of Passion, Persistence, and Financial Independence, and it contains hundreds of financial lessons, all taught through the experiences of the main character, Amber. Because it’s a novel, the book is very much a personal finance and economics book for beginners. All of the lessons taught are taught through story, so the readers really get to understand them without crawling through big graphs of math, etc.
Economics in One Lesson by Henry Hazlitt
This product was recommended by Simon Hansen from Homebrew Expert
Hazlitt’s take on economics manages to be quick, easy, and substantial all at once. His emphasis on free markets and economic liberty will be a memorable learning experience for those who’ll read it.
The Economics Book by DK
This product was recommended by Osama from Outfitrs
This book is incredible! From the organization to the writing, this book successfully communicates difficult economics concepts to a novice audience while delving deeper in the history and conceptual origins of various fundamental economics concepts.
What Would the Great Economists Do? by Linda Yueh
This product was recommended by Ali Ubaid Rajput from Decrum
This book is more about economic problems and ideas for solving it. In this author’s cover work and thinking of great economist Adam Smith to John Maynard Keynes.
Economics: A Beginner’s Guide by James Forder
This product was recommended by Stella Samuel from Brandnic
For a beginner, there is a need to give a step-by-step guide that is easy to understand. This is exactly what the book does. It ensures that all beginners understand each concept by using the simplest language. Besides, it comes along with tips to help the readers get started in the Economics niche. Personally, I recommend this book since it dwells much on real-life matters and examples hence, giving the reader a strong foundation.
A Little History of Economics by Niall Kishtainy
This product was recommended by M. Ammar Shahid from SuperHeroCorp
It is a concise and to the point economic book written in plain English to educate beginners amusingly. It covers all the fundamental topics of the economics that are crucial to understanding economics in the material world.
The Richest Man in Babylon by George S. Clason
This product was recommended by Grayson Stalvey from Grayson Stalvey Financial Coaching
The Richest Man in Babylon gives classic, timely advice that is as applicable today as it was when it was written nearly 100 years ago. It’s easy to read and understand. It’s also written in a story format and not like a textbook, so you’ll actually enjoy reading it! I recommend this book to all of my clients.
Grand Pursuit by Sylvia Nasar
This product was recommended by Leonard AngAng from enko products
This book provides portraits of some of the most famous economists. It discusses stories of their lives and how they came up with their ideas which is an important aspect to understand why they had those thoughts. It is a New York Times bestseller and it’s definitely worth the read.
Basic Economics, Fifth Edition by Thomas Sowell
This product was recommended by Tim Bigknee from SightsAndInsights
A well-respected economist, Thomas Sowell, covers the basics and fundamentals of economics around the world. He covers core principles and fundamental facts of economics that don’t require fancy jargon, graphs, or equations. He explains all of this in a fun and enjoyable way.