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Economics Book List
Do NOT read all these books. No one in an MBA program would either…just pick the ones that strike you as interesting and get reading. (Each book contains an affiliate link to an Amazon purchase, but you could probably find used books for cheaper elsewhere.)
Title | Author | Summary |
---|---|---|
Economics | Paul A. Samuelson, William D. Nordhaus | A classic text covering fundamental economic principles, theories, and applications in both microeconomics and macroeconomics. |
Microeconomics | Robert S. Pindyck, Daniel L. Rubinfeld | Provides a detailed analysis of microeconomic theory with real-world applications and case studies. |
Macroeconomics | N. Gregory Mankiw | An accessible introduction to macroeconomic theory, focusing on key concepts and their practical implications. |
Introduction to Econometrics | James H. Stock, Mark W. Watson | Introduces econometric methods and applications, emphasizing empirical analysis in economics. |
The Wealth of Nations | Adam Smith | A foundational work in classical economics exploring the nature and causes of a nation’s prosperity. |
Capitalism and Freedom | Milton Friedman | Examines the role of competitive capitalism as a means of achieving economic and political freedom. |
Priceless: The Myth of Fair Value | William Poundstone | Explores how pricing affects consumer behavior and the psychological aspects of economic decision-making. |
Why Nations Fail | Daron Acemoglu, James A. Robinson | Investigates the economic and political factors that contribute to the success or failure of nations. |
Capital in the Twenty-First Century | Thomas Piketty | Analyzes wealth and income inequality, exploring the dynamics of capital accumulation in modern economies. |
Freakonomics | Steven D. Levitt, Stephen J. Dubner | Applies economic theory to diverse subjects to reveal hidden aspects of everyday life. |
The Great Wave: Price Revolutions and the Rhythm of History | David Hackett Fischer | Explores the history of price movements and their impact on social and economic structures. |
Misbehaving: The Making of Behavioral Economics | Richard H. Thaler | A personal account of the development of behavioral economics and its challenges to traditional economic theory. |
Thinking, Fast and Slow | Daniel Kahneman | Examines the dual systems of thought and their effects on judgment and decision-making in economics. |
Small Is Beautiful: Economics as if People Mattered | E.F. Schumacher | Advocates for sustainable development and critiques traditional economic thinking focused on growth. |
Pricing Strategy: Setting Price Levels, Managing Price Discounts, & Establishing Price Structures | Timothy J. Smith | Provides practical guidance on pricing strategies and decision-making processes in economics and marketing. |