in ,

Master Essential Economics Concepts With These Beginner Books

These books give you a solid base in the basic foundations of economics, which governs most of our modern society.

Image by Gerd Altmann from Pixabay

Economics is a field that is going to require studying and reading. However, we’ve picked out the expert authors who can condense content into an accessible and easily digestible format for beginners.

So if you’re the more practical type who wants to just get stuck in, any one of these books will give you a sufficient base of understanding to get you started!

#1 You Are a Badass at Making Money by Jen Sincero

You Are a Badass at Making Money by Jen Sincero
You Are A Badass at Making Money by Jen Sincero is a great book for people beginning to learn about the world of economics. This book gives an intro onto the type of perspective and mindset you should take when looking at money and economic issues. It also teaches you ways to think about money and your life so that you attract more into it.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

#2 The Box by Mark Levinson

The Box by Mark Levinson
This is my personal favorite since it has everything to do with my industry and business. Valuable insights into the elements, history and gradual formation that make import and export so valuable in todays global trade. This is an easy read that doesn’t require a great deal of background on the topic. Highly recommend for supply chain experts.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

#3 Grand Pursuit By Sylvia Nasar

Grand Pursuit By Sylvia Nasar
Lots of exploration and informative modern day theories on economics. Shines a light on unknown experts in addition to renown economists all contributing to providing solutions and guidelines to wealth and economic relevant social issues.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

#4 Rich Dad Poor Dad by Robert T. Kiyosaki

Rich Dad Poor Dad by Robert T. Kiyosaki
This book explains the basic principles of today’s economics and explains how one should think about business and accumulate assets in order to escape the mice race everyone around us is participating at. It’s written in a language anyone can understand and adds a lot of analogies and psychology principles that help the readers re-wire their brains to understand the author.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

#5 The World is Flat by Thomas L. Friedman

The World is Flat by Thomas L. Friedman
The World is Flat explains the history of globalization. This is a fundamental part of understanding today’s economic landscape.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

#6 The Economics Book: Big Ideas Simply Explained By DK

The Economics Book: Big Ideas Simply Explained By DK
This book provides an interesting and easy-to-understand foundation in economics. It doesn’t skip over “big ideas,” but rather covers them thoroughly in a way that’s easy to follow even if you have no background in economics. It’s an interesting and surprisingly intriguing book. You might actually enjoy it.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

#7 Basic Economics by Thomas Sowell

Basic Economics by Thomas Sowell
This comprehensive book (approximately 700 pages cover-to-cover) was written for ordinary voters (and future voters) who want to understand how our economic world operates, but don’t want to deal with dense economic jargon nor impenetrable 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 casual readers may choose to skip. For a great many folks, simply reading chapters 1 through 11, plus chapters 16 and 21 (a total of roughly 275 pages) will provide readers with an excellent, jargon-free overview of basic economics.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

#8 The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb

The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb
Taleb, a former trader, understands the very basics of human nature and, as it turns out, of economics. He puts his main focus on the fact that time after time, people fall into the trap of excessive self-confidence, thinking that they know about the world more than they actually do. According to Taleb, we constantly pay attention to unimportant actions, giving them significance, while underestimating the likelihood of large ones, the so-called ‘black swans,’ random events that determine our lives.

As a result, we are unprepared for the really denoting social and economic circumstances that matter in the retrospect. Yes, it’s not your usual book on economics, but it’s one of the few that actually explains how it all works.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

#9 Misbehaving by Richard H. Thaler

Misbehaving by Richard H. Thaler
Regardless of economics school, the scientists were grounding their theories on an assumption of rational behavior. The economics Nobel prize winner, Richard Thaler, demonstrates a lot of real-life situations when human nature outweighs rationality. Behavioral science is often more useful in making economic forecasts than classical economics.

For example, people tend to avoid losses by far more than trying to acquire something they do not possess. It’s an excellent book for beginners in economics as it challenges the classical theories, adding psychology to the mix. The book is elementary to digest and does not require any specific background from the reader.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

#10 Rethinking Economics by Lillian Fisher

Rethinking Economics by Lillian Fisher
It’s hard to explain the modern economy peaks and crisis with the frameworks of neoclassical economics theories. The book offers an outlook on the alternative economics theories, which will add up to a better understanding of economics students. The book touches well-grounded schools of thought like Post Keynesians and Marxists. It also sheds light on a less familiar direction like ecological economics or complexity economics. The later puts focus on the way individuals create financial chaos. The book will be very useful for beginners in economics as it gives a thorough overview of the promising theories without going into too much details.

Before buying a copy make sure to compare the price at various outlets:

Book Depository (International)Waterstones (International) Read more reviews and buy the book here

Contributors to this article
Stacy Caprio from Deals Scoop

Daniel Lysogorsky from IPL Port

Eric Haim from Stilyo

Edmund Selby from ScooterTalk

Melanie Musson from CarInsurance101

Timothy Wiedman from Doane College

Alena Piksaeva from Enkla Media

Hardeep Johar from Stone & Tiles Shoppe

Kevin Begola from Titanium-Buzz

Leave a Reply

Your email address will not be published. Required fields are marked *

Image by Ahmad Ardity from Pixabay

Start Investing Wisely With These Stock Market Beginner Books

Image by Steve Buissinne from Pixabay

Achieve Financial Literacy With These Fire Finance Books