Seven books for learning Economics in 2020
TRENDS I September 10, 2020
Economics has gone from being a subject that seemed to be reserved only for specialists, to being present in the daily conversations of many citizens. No doubt that on more than one occasion, whether in a chat with friends or at a family gathering, you have found yourself talking about risk premium, public debt, deficit or the financial markets, among other topics. If this year, 2020, you have set out to better understand what is behind all these terms that are so present in our daily lives, make the most of these books for learning economics without having to be an expert.
This is a classic among the books for learning about Economics. It is a manual for those who want to understand how this science works, in a simple way and far from mathematical formulas or complicated equations. With a light and reader-friendly style, it allows any type of reader to understand how the economy works, regardless of their academic background or degree of knowledge in this discipline.
Richard H. Thaler, winner of the Nobel Prize in Economics in 2017, explains in this book how human beings do not always act according to rational criteria and are prone to make mistakes. Our wishes, values, fears, prejudices or affections, for example, clearly influence our assessment and judgement of things, as well as our decision making when either buying an alarm clock or applying for a mortgage. Very entertaining and educational.
Very useful for those who want to start a business, entrepreneurs or financial managers, as well as for those who want to consolidate their basic knowledge of economics or want to acquire the basic knowledge. This manual is based on concepts, techniques and models of corporate financial management and will teach you different techniques, as well as different models in which to apply them. It will also allow you to go deeper into aspects related to financing decisions, futures and derivatives markets, and to analyse investment decisions.
A reference manual for countless economics teachers around the world, it explains economic concepts and their practical applications using a didactic approach. In addition, this third edition incorporates recent success stories and a chapter on the financial crisis. It is also endorsed by the fact that one of its authors is Paul Krugman, winner of the 2008 Nobel Prize in Economics for his theories on trade and economic geography.
This book approaches Economics from the perspective of someone who is not an economist. The author uses humour and common sense to explain what the economy is and how it works, nationally and globally, so you will find reading this book both enjoyable and instructive. Inflation, the role of banks, the impact of IMF decisions on your pocket, the economic crisis and its causes, unemployment, or tips for saving, are some of the topics covered in this publication. Everything is staged in a small made-up village, San Quirico, which is a small-scale representation of a global system that could be today's society.
From a very pedagogical point of view, this book will introduce you to the fundamental concepts of Economics, but also of Law. The objective is none other than to give a global vision of business management, through an adaptation of theoretical knowledge to the changing social reality of today.
It's title (At last, a book by and for salespersons) already gives us a clue that this book is more focused on sales, but you can't forget that this is a fundamental field because, in the end, the survival of any company depends on it. That's why, in this book, the only leading character is the salesperson. On the one hand, it seeks to make the company aware of the relevance of this profile and the importance it should have within its structure. And on the other hand, it tries to transmit to the salesperson the value of his or her work, without which the company could not survive.
As you can see, a basic knowledge of Economics is within everybody's reach and should be a must for everyone. Understanding the fundamental pillars and some key concepts of this field can help you in an important way in your daily life, as well as in managing your home economy.
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