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A school of economics should be ranked in the top ten to produce favorable job prospects. In addition, a strong background in statistics and econometrics is needed.

The goal of this site is to provide great information about majoring in economics. There is a lot of good and bad information out there to be addressed. Please email tips and advice to admin@schoolofeconomics.info

Cute Professor Showing Supply and Demand Curves for Economics Students

Economics Books

Probably the most famous of all economics books are Capital by Karl Marx, Atlas Shrugged by Ayn Rand, The Invisible Hand by Adam Smith, and The General Theory of Employment, Interest, and Money by John Maynard Keynes.

Capital and Atlas shrugged are opposites. Capital is against capitalism and Atlus Shrugged is pro capitalism.

The Invisible Hand talks about how market forces and the decisions of millions of people will make everything work out well. All the little decisions work out into making good large decisions.

In economic breakdowns, The General Theory of Employment, Interest, and Money shows how governments can induce spending to reduce the deepening and length of economic recessions. During the great depression this thinking was vitally important.

Current Economics Books

Two current books about economics that are popular are Freakonomics and The World is Flat. Freakonomics points out many seemingly unrelated events that are actually related and often times funny.

The World is Flat talks about how barriers to entry are eroding the power monopoly of fortune 500 companies. For example, regular people can put items on Ebay and compete with huge companies for a slice of the American Dream.

 

 

 


 

 

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