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The Economics Book (Big Ideas Simply Explained) Hardcover – August 20, 2012
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"This entertaining and informative volume will make economics not only accessible but potentially even fascinating to a wide range of readers at and above a high-school reading level." – Booklist Editors' Choice: Reference Sources
"[The Big Ideas Simply Explained books] are beautifully illustrated with shadow-like cartoons that break down even the most difficult concepts so they are easier to grasp. These step-by-step diagrams are an incredibly clever learning device to include, especially for visual learners." – Examiner.com
"The Economics Book takes a unique approach to elucidating this often murky subject through well-written entries. The book's brilliance lies in its packaging of economic theory into easily digestible essays. Overall, this book will make economics not only accessible but potentially even fascinating to a wide range of readers at and above a high-school reading level." – Booklist *Starred Review
Top Customer Reviews
It follows thinkers and ideas in more-or-less chronological order, giving short biographies alongside explanations of key ideas broken down into bite-sized chunks. The ideas are organized into sections such as 'The Age of Reason 1770-1820' and 'Contemporary Economics 1970-Present'.
The ideas include examples like "Social networks are a kind of capital", "Globalization is not inevitable", "Firms are price takers not price makers", and "You enjoy the last chocolate less than the first."
There is little maths; instead of formulas you will find funky designs and pictures. This is not an in-depth account of the theory of the dismal science. Upon finishing, you will not be qualified to design central bank policy.
It is a broad survey that will establish a backdrop and reinforce deeper study of any particular issue. It is great for providing some context to ongoing debates and political decisions.
I must admit to working in finance and I have studied economics, accounting, and finance in business school. I was impressed at how much information was packed into 352 pages but I would say The Economics Book has some unusual biases. One of the contributors worked on President Obama's election campaign and another is a non-academic philosopher (Marcus Weeks) who wrote, "Hotel Hobbies: 50 Things to Do in a Hotel Room That Won't Get You Arrested" along with contributions to the other "Big Ideas Simply Explained" book series. Why were they selected as contributors (other than nepotism)? This is nothing like the textbooks I studied in class. For a field that is reliant on statistics the use of math and scientific equations is largely absent here. I expected to be reading about economics, financial concerns, money, and tax policy.Read more ›
Chronological ordering works really well, because it allows you to understand the history of economics. You learn to understand why modern economics is the way it is - based on all the trials and errors in history.
One problem is that I didn't remember the main concepts very well. I think this book would have been better if it contained a list of the main topics. Perhaps I need to read another economics book in a different format.
Most Recent Customer Reviews
Excellent beginning/intermediate and review textbook for general economics.Published 2 months ago by david j. blackstone
Best guide ever for those looking for basic understanding of economics and how the systems affect society.Published 3 months ago by GL
This is an interesting book. I am using it for my daughter's economics course. It seems to be working well. It isn't as dry as a lot of other economics books out there.Published 4 months ago by Amazon Customer
It is a better supplement than main text. I over estimated it's use as the primary text.Published 5 months ago by Barb
A great compact review of Economics. I took 39 credits of Econ, and this is the best overview of Econ that I've ever seen.Published 5 months ago by Arthur J. Schuetze III