5 Books About Economics For Beginners

BookSummaryClub Blog 5 Books About Economics For Beginners

The best way to broaden your knowledge in the field of economics is to read more books about economics and economic theory. If you’re already an economics student, reading economics books is the best way to be at the top of your class and grasp a deeper understanding of economics without having to study boring textbooks. 

We’ve taken the time to compile the best economics books you can read. Although this list is not an exhaustive compilation of the best economic books, you’ll find a mix of classic and contemporary works that will help you understand economics and how it is applied today.

  1. Economics in One Lesson By Henry Hazlitt
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Economics in One Lesson
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  • Audible Audiobook
  • Henry Hazlitt (Author) – Jeff Riggenbach (Narrator)
  • English (Publication Language)
  • 12/15/1999 (Publication Date) – Blackstone Audio, Inc. (Publisher)

Economics in One Lesson written by Henry Hazlitt is one book popular for its serious approach and great introduction to economic theory, exploring the intersection of government and the economy and discussing the importance of the free market. 

This book was written in 1946 and has sold over a million copies over the years. This proves that Henry Hazlitt’s book is widely accepted, meaning there’s sufficient knowledge waiting to be discovered in between the pages of this book. 

Henry Hazlitt was a founding co-president of the Foundation for Economic Education which makes him an authority in the field of economics. If you seek to learn economics from the best in the field,  you’ll be doing yourself a lot of good by getting this book today!

  1. Freakonomics by Steven D. Levitt and Stephen J. Dubner
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Freakonomics: Revised Edition
  • Audible Audiobook
  • Steven D. Levitt (Author) – Stephen J. Dubner (Narrator)
  • English (Publication Language)
  • 06/14/2007 (Publication Date) – HarperAudio (Publisher)

Steven Levitt and Stephen Dubner’s “Freakonomics” is probably one of the best economics books you’ll ever come across. 

If you’ve ever sought answers to absurd questions like what real estate agents and the KKK have in common? Or why do drug dealers tend to live with their mothers? Or how much do parents matter? Then this book is for you.

In this book, you’ll find answers to some everyday questions which some people would consider absurd. The authors, unconventional in their approach, ensure to explain the answers to these absurd questions from the perspective of an economist. The answers provided in this book discuss more on what incentivizes people and how to make decisions. 

Get this book today if you want to be able to view the world through the lens of an economist. 

  1. Naked Economics: Undressing the Dismal Science By Charles Wheelan 
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  • Mint Condition
  • Dispatch same day for order received before 12 noon
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  • Wheelan, Charles (Author)
  • English (Publication Language)

If you’re looking to refresh your memory on your knowledge of economics, or you’re looking to learn economics from scratch, this book, Naked Economics, is for you. 

The author’s intention in writing this book is that people can maximize their utility and delve deeper into exploring free market theory and its implications. This book is written such that beginners can grasp every bit of information in it without feeling overwhelmed. 

Get a copy of this book today to learn more about economics principles in the most fun and interesting way.

  1. 23 Things They Don’t Tell You About Capitalism by Ha-Joon Chang
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23 Things They Don’t Tell You About Capitalism
  • Audible Audiobook
  • Ha-Joon Chang (Author) – Joe Barrett (Narrator)
  • English (Publication Language)
  • 11/16/2023 (Publication Date) – Bloomsbury Publishing Plc (Publisher)

This book can be considered a very controversial one, considering how it takes the biggest myths in society and gives them a whole new meaning. 

For instance, it explains why the machine has impacted more lives than the internet ever did. Now, this is a good argument, and if you’re a fan of demystifying myths, then you’ll find this book by Ha-Joon Chang very helpful. 

Chang makes it clear at the beginning of his book that despite the title, the novel is not anti-capitalist as it only aims to shed light on the realities of things. However, he did agree that capitalism is the best economic system ever invented by humanity even though it comes with its problems and limitations. 

There are a lot of myths and controversies that can only be understood from the perspective of an economist and this book can help you achieve that goal.

  1. The Undercover Economist by Tim Harford
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The Undercover Economist
  • Audible Audiobook
  • Tim Harford (Author) – Robert Ian Mackenzie (Narrator)
  • English (Publication Language)
  • 04/05/2006 (Publication Date) – Recorded Books (Publisher)

This book is so enlightening because it gives examples using real-life and relatable scenarios. The opening part of the book explains why Starbucks in a London train station charges so much for coffee. 

Through this book, you’ll come to the understanding that economics is an intricate part of your life and society in general. Understanding the economics behind everyday happenings helps you understand the world better and gives you an edge over others who lack access to such information.

Conclusion 

Having gone through this list, we hope you’ll be able to find something that appeals to you. Every book on the list was carefully selected to give you a better understanding of economic principles and theories. 

With these books, you can be a better student at your university and you can understand how economics plays a major role in your everyday life. Happy reading!

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