10 Best Economics Books for Beginners

Economic Growth states Image
Economic Growth states Image

Economics is a big ocean of knowledge. If you want to dive into it, you have to understand it. The interesting fact about it is that you can’t understand it without knowing its basic fundamentals. When you will know its basic fundamentals, you feel its importance.

Nowadays it is very important for you to have knowledge about how money works and how one can let the money work for them. This whole knowledge can be provided when you have an understanding of the economy.

You are interested in economics and you may look at the best economics books for beginners as well as for advanced levels.

Am I right?

In this post, I completely discussed the best books for learning economics. You can list these books on your own notepad and this will help you.

Let’s start-


List of Top 10 Books of Economics for Beginners


  1. Freakonomics
  2. Thinking, Fast and Slow
  3. Simplify
  4. The Everything Economics Book
  5. The Rise and Fall of Nations
  6. Economics in One Lesson
  7. High-Profit Prospecting
  8. This Changes Everything: Capitalism vs. the Climate 
  9. Misbehaving: The Making of Behavioral Economics 
  10. Capitalism and Freedom, Milton Friedman.

 1.Freakonomics

AuthorSteven D. Levitt, Stephen J. Dubner
Publication2006
Rating4.5 out of 5

When the question “which is the most popular economics book?” is arrived then FREAKONOMICS is one of the books which is at fingers count. It was published in 2005. It explores Microeconomics and is better for basic knowledge.

Does it explore everything which is in the hidden form of anything and describes many factors that are valuable for nurturing kids as which is more dangerous? Is shooting with a gun is danger or swimming in a pool? The books also tell ‘what blind faith is? ‘And how our society believes in that faith.


2.Thinking, Fast and Slow

AuthorDaniel Kahneman
Publication2013
Rating4.6 out of 5

Daniel Kahneman is an Israeli psychologist and economist. He was awarded the Nobel Memorial Prize in Economic Sciences. He is the author of this lucid and popular economics book. This book defines the extraordinary quality of human beings. A human can do anything for whom he is passionate, firm determined.

 It shows how two aspects of our mind fighting continuously. One is our action and the other is our behavior. They are two different things but when they combine with each other an astonishing result is born.


3.Simplify: How the Best Businesses in the World Succeed

AuthorRichard Koch, Greg Lockwood
Publication2018
Rating4.7 out of 5

The book “Simplify: How the Best Businesses in the World Succeed’’ is a very crucial book for a startup. It explains how we can manage our business in a very simple model. If you are a person who has little knowledge about how to start a business, I would recommend you to read this book.

This book defines how the market works, how the rate of things decreases and increases, how the simplifiers cut the price dramatically to grow the market, or produce a new product to improve the condition of the market exponentially.


4.The Everything Economics Book

AuthorDavid A Mayer
Publication2010
Rating4.5 out of 5

Many economy students thought the economy is a complex subject especially with algebra and graphs, I am with you but the book; ‘’The Everything Economics Books’’ is a super solution for it. In this book, you will learn how the US economy works in easy to understand language.

This book explains what is supply and demand in a very comprehensive way. It helps in analyzing and teaches the fundamentals of the market. It has decent material to understand how the government works.


5.The Rise and Fall of Nations: Forces of Change in the Post-Crisis World

AuthorRuchir Sharma
Publication2017 (Reprint edition)
Rating4.6 out of 5

It is the best book to learn economics on the prediction of global economic growth for beginners. The author had accomplished a large number of researches instead of depending on numbers published by governments.

It has some strong fundamental factors to judge economic growth. This book will be very useful who is interested in the political economy. It is very modern, up-to-date, and analyzing several numbers of factors that affect the rise and fall of any nation.


6.Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics

AuthorHenry Hazlitt
Publication1988
Rating4.6 out of 5

It is one of the most demanding economics books for beginners. I would not promise you will be an economics professor after reading this but you feel better knowledge after reading this. The language of it is very simple especially charts and tables help us to understand in a better way.

This book is based on the Austrian economy. It is more relevant today. In this book we have to tell that economy is a complex dynamical system and it is changing day by day and also some factors remain the same in the coming future.


7.High-Profit Prospecting: Powerful Strategies to Find the Best Leads and Drive Breakthrough Sales Results

AuthorMark Hunter
Publication2016
Rating4.7 out of 5

It is clearly written and has excellent advice for both who have an economic background or not economic background. An organization that wants to exponentially grow in economical prospects for those Mr. Hunter creates a comprehensive guidebook like this.

As a salesman, your next step in the right way is to define your success. Sometimes the next step is referred to as a pipeline. If there is a fracture in the pipeline, we would not assert that we get profit.

I am 100% sure that it will be proved one of the best books to understand economics for beginners.


8. This Changes Everything: Capitalism vs. the Climate 

AuthorNaomi Klein
Publication2015
Rating4.6 out of 5

It is the fourth book of Naomi Klein which was published in September 2014. It defines how the changes in the environment occur either by a change in capitalism or a change in the climate.

Power and information differential are described comprehensively in this book and the science also described behind climate change.

It includes almost everything which is related to the environment. Author Klein tried to teach people that the human population is not the only factor that is responsible for climate change, there are capitalism, market value, and so many factors also responsible for it.


9.Misbehaving: The Making of Behavioral Economics

AuthorRichard H. Thaler
Publication2016 (1st edition)
Rating4.6 out of 5

The language of this book is very simple and insightful. Anyone with or without economical background should read this one of the best economy books. It tells us how we can manage our time and how we can improve our economy.

If I express my thought for this book then in one sentence ‘It is incredibly interesting, well written, well-targeted topics, well explained and especially for those who did not taste of economics.’


10.Capitalism and Freedom

AuthorMilton Friedman
Publication2002
Rating4.7 out of 5

The book “Capitalism and Freedom” is written by Milton Friedman which was published in January 1962. It defines what is the relationship between economic freedom and political freedom. It also explains what is the role of government in education and in a free society.

The main factors of this book are the distribution of Income, occupational licensure, capitalism and discrimination, and so on. It also tells us what is international financial and what is trade finance.


Conclusion

There are some of the best economics books for beginners which I mentioned in this post. No matter what is your background. If you are passionate about economics then you should read these books.

Hope you will read these books.

Thank you.

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