Best book to get a good understanding of modern economics?
I just want to expand my general knowledge in this area/
Anybody have any recommendations?
Thanks
I just want to expand my general knowledge in this area/
Anybody have any recommendations?
Thanks
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http://www.bwater.com/Uploads/FileManager/research/how-the-economic-mac…-Bridgewater.pdf
Ray Dalio's paper is very good.
I've just begun reading 'When Markets Collide' by Mohamed El-Erian. Heard good things about this one, so let's see how it goes.
There isn't a best book but this one is pretty good and easy to digest: http://www.amazon.com/Economic-Growth-2nd-David-Weil/dp/0321416627
A Concise Guide to Macroeconomics. I studied econ as an undergrad, but in the real world this is all you need:
http://www.amazon.com/Concise-Guide-Macroeconomics-Managers-Executives/…
Any decent book about macroecon will do the job. You can look at the one proposed by esbanker or the one published by Pearson. I think there is a lot more but I don't know them. I will add that I wouldn't buy a book edited by a portfolio manager to get " a good understanding of modern economy".
You did not state if you have prior knowledge or not, but for a fun book that gets you interested in econ
FREAKONOMICS is a good start, Steven Levitt, Harvard, MIT, profeesor at Chichago U
around 2000 reviews on amazon
Freakonomics is a little bit off the beaten path though. It's not something you'd read if you want to get a better understanding of macro-economics, but it does illustrate many economic principles through neat and unusual examples.
I almost forgot, there is a one ohour documentary by the author with the exact name, which I really interesting.
For "general"/basic stuff, I'd read: "Thinking, Fast and Slow" by Daniel Kahneman Anything on new Keynesian economics; especially interesting reads from N. Gregory Mankiw (Harvard) and Michael Woodford (Columbia).
'Wealth of Nations' is what you're looking for. Lol
"On the Complexities of Complex Economic Dynamics" by J. Barkley Rosser Jr.
http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.169
"On the Complexities of Complex Economic Dynamics" by J. Barkley Rosser Jr.
http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.169
"On the Complexities of Complex Economic Dynamics" by J. Barkley Rosser Jr.
http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.169
"On the Complexities of Complex Economic Dynamics" by J. Barkley Rosser Jr.
http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.169
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