Last updated: August 23, 2021

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Economic books are texts whose aim is to make the reader understand how the resources he or she uses to satisfy his or her consumption needs are managed, produced and distributed. In turn, other writings emphasise personal finance techniques.

Do you want to learn the basics of finance? Are you an economist who wants to see how to write about your field of study? We are pleased to tell you that your wishes will be fulfilled, as this article is about economics books. A subject that is fundamental nowadays.




Summary

  • An economics textbook is a text that is responsible for instructing the reader on the state of the current economy and the correct handling of money. Therefore, some texts often include a set of tasks and graphs that help people to understand some concepts.
  • There are two types of economics books: theoretical and personal finance books. The former usually propose hypotheses or talk about the history of economics. On the other hand, the latter provide advice to people who want to invest their money in a business or travel.
  • Before buying the book you want, we ask you to consider the following buying criteria: author, plot, presentation and size. Remember to choose the one that best meets your requirements.

The Best Economic Book: Our Picks

Buying guide: what you need to know about economics textbooks

In order to serve as a guide for you, we have prepared this section, where you will find a set of criteria that you should take into account when making your purchases, as well as the advantages of acquiring the product that you require.

If you want to start a business, reading a business book will help you. (Photo: Peter Bernik/123rf.com)

What is an economics book and what are its advantages?

An economics book is a text whose purpose is to make its readers understand how money works. It is therefore common for such writings to give advice on how to save money, talk about the economic techniques that govern the world and about hypotheses on reformulations of the world economy.

Before buying an economics book, consider the following: personal finance books do not offer instant solutions, so you should pay attention to your financial availability and set realistic goals. By doing so, you are sure to do well with whatever method you practice.

Advantages
  • They are easy to find
  • Most are hardcover
  • They will make you feel comfortable with money
  • They are usually very inexpensive
Disadvantages
  • Some are poorly translated
  • It is hard to find original books

Theoretical economics or personal finance books - what should you pay attention to?

Choosing between a theoretical economics or personal finance book depends on the following: do you think you have a great knowledge of economics? Your answer to this question will help you determine which of these two types of books best suits your needs.

Theoretical economics books. These books use specialised terms from the financial world. Within this group of texts, we can find renowned authors, such as Michael Lewis, Joseph Alois Schumpeter, among others. This type of books usually postulate theories on how the economy could be improved.

Economics books on personal finance. These texts are relevant for those who do not have much knowledge of economics and who, whether for travel or their own business, need to learn how to invest their money. In addition, they are often very practical and clear in their concepts.

Theoretical economics books Economics books on personal finance
Prose Dense Readable
Activities No activities No presentation
Thematic History of economics and economic hypotheses Money management

Buying criteria

Selecting an economics book is easy, the tricky part is knowing how to choose the one that best suits our needs. That's why we've put together this section. Here you will find a set of purchasing factors that you should consider before buying your economics book.

Author

When talking about economics books, the author's experience is a key element. This is because they try to show people the right way to manage money. Therefore, your work experience will dictate whether your advice comes from a sound basis.

Economic books with specialised authors: These texts were written by professors or financial analysts. Therefore, in the introduction of their writings they usually talk about the hypothesis they will state in their book, as well as the theories they will use to support it.

Economic books with inexperienced authors: These texts are usually written by people who have made a lot of money from a particular business. Such individuals have no theoretical knowledge of economics, but they do have the following: the notions that make an investment a success.

Knowing how to manage your finances will open up a world of possibilities. (Photo: Belchonock/123rf.com)

Argument

This is one of the most important points when selecting a book, because if you choose a book whose plot does not match your concerns, you will have wasted your money. To avoid this kind of problem, try to read the synopsis of the text calmly.

About personal savings: Such writings are characterised by being very practical, as they usually contain methods and tips on the correct use of money. Therefore, if you are one of those who never know what to do with the fortnight of the month, you should buy this book.

Meditations on economics and its applications: Such books usually touch on a topic around economics, for example: talking about the economic failure of certain countries or about the evolution of economics up to our times. If you love this field of study, buy this type of text
Presentation

Sight is one of the elements that determine our interest in things. Therefore, it is necessary to take care of the appearance of certain objects. In the case of a book, such a detail is important, because it is through its presentation that the category of the publisher who printed it can be determined.

Quality presentation of economic books: Such texts contain typography, graphics and illustrations that correspond to the subject matter of the book. In addition, the colours used throughout the edition always match perfectly. Such attention to detail reveals a great deal of hard work on the part of the publisher.

Poorly presented economics books: These writings do not have any personalised elements. As a result, their covers are often reduced to this: an out-of-focus image and the title of the book on top of it. Such carelessness suggests that the quality of the text is not good either.

Dimensions

Taking into account the dimensions of a book is crucial. From these you can determine whether or not it will fit into your daily routine. Remember that the most important thing is to be able to read without any discomfort.

Economy books with dimensions of 30 cm or more: This type of book is ideal for professionals or students who do not need to leave the house often. Such an article can be consulted from your desk or living room. If your day is free of pressure, this format is perfect for you.

Pocket economics books: Do you live far from your work or university? Do you have to spend many hours sitting on public transport? If so, this pocket edition will be perfect for you, as it won't be a burden at all. In fact, you can easily stow it in any compartment of your backpack.

(Featured image photo: Artur Szczybylo/ 123rf.com)

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