By Ishika
16 January, 2024
Wondering what are the top 5 academic books for economics? Check this web story out for more.
This book is widely used in introductory economics courses. Mankiw presents economic concepts in a clear and accessible manner, making it an excellent resource for beginners.
2. "Capital in the Twenty-First Century" by Thomas Piketty:
Piketty work delves into the dynamics of wealth and income inequality, offering a comprehensive analysis of economic trends over the centuries. It's a seminal text for understanding the distribution of wealth.
A classic written in 1776, this foundational text laid the groundwork for modern economic thought. Smith explores the principles of capitalism, emphasizing the importance of free markets and the invisible hand.
3. "The Wealth of Nations" by Adam Smith:
4. "Macroeconomics" by Paul Krugman and Robin Wells:
This book provides a comprehensive overview of macroeconomic principles. Krugman and Wells, both respected economists, offer insights into topics like economic output, unemployment, and inflation.
Sen's work focuses on the relationship between development and freedom. He argues that true development should be measured by the extent of people's capabilities and opportunities, making it a thought-provoking read in the field of development economics.
5. "Development as Freedom" by Amartya Sen: