Just as a poetic discussion of the weather is not meteorology, so an issuance of moral pronouncements or political creeds about the economy is not economics. Economics is a study of cause-and-effect relationships in an economy.
— Thomas Sowell
Economics, a classical and significant field of education and employment, is a vast field. The resources one chooses determines the degree of competency one achieves. So, it is important to choose your sources for learning with care! They can later be complemented with digital resources like video aids and podcasts.
Youtube channel of the London School of Economics and Political Science (LSE) covers topics of economics that range from theoretical to real life economic events.
Planet Money offers explanations of everyday economic concepts and even understandable content for those who do not have prior knowledge of the subject.
We have got you covered with the following list of comprehensive and trusted textbooks that will help you deep dive into the world of economics. The textbooks have been categorized as Macroeconomics and Microeconomics.
These books cover the foundational terms and concepts of both these branches of economics in a manner that maximizes learning.
The field of economic study that looks at the processes and issues that affect the individuals and isolated organizations.
Principles of Microeconomics
A widely used textbook in economics classes globally, this text provides a strong foundation to students of economics. The students can grasp the concepts with the help of carefully chosen illustrative examples. The book refrains from sharing too much information that can deter effective learning.
The field of economic study that looks at the processes and issues that affect the larger national and international systems.
Principles of Macroeconomics
These foundational books on macroeconomics are popular for their accessibility and simple expository language. The world of macroeconomics opens up, with these two texts, to reveal enabling information about the subject. Having mastered the foundational content through these texts, the learners are equipped to deeply engage with the limits and possibilities of this subject further.
The mode of education (digital or paperback) does not matter as much as the eagerness to pursue excellence in economics. A combination of the above sources can prove most effective in taking sure steps to the world of economics. A foundational knowledge of both microeconomics and macroeconomics can make you a better judge of the subject.