economy






 

Question by  nating (37)

What is the best source of information for understanding economics?

I am taking an intro level course and having a difficult time with the concepts.

 
+7

Answer by  gianna729 (38)

I recommend the book 'Economics in One Lesson' by Henry Hazlitt, it teaches the economic way of thinking and is written for the non-economist. A good video selection is the PBS series 'Free to Choose' by Milton Friedman. It remains very relevant even though it was produced in 1980.

 
+6

Answer by  TJenkins602 (656)

There are a lot of sources you can look at on the internet. However, you are probably better off with looking for some books at the library or the local bookstore that has some extensive information on economics. There are a lot of books that are simplified and give you a beginners knowledge of the subject.

 
+6

Answer by  helol25 (680)

Well there are a lot of great sources but the best way to find information about what you need is to search up the theories. For example the law of supply and demand, if you want to know about it, search this up on wikipedia and you'll understand the gist of it.

 
+6

Answer by  rightlight (1053)

There are a lot of great sources on the internet as well as in the library that can be of great help to you. Also, it would be a good idea to purchase the recommended textbook, if you struggle with the topic it can definitely help clear up some issues.

 
+5

Answer by  Gus28 (683)

As a Liberal Arts major I sympathize. Even its terminology a foreign language. But once it clicks, fantastic. Get another textbook, one that might be even more basic in defining concepts than the one you are using in the class or look up the concepts on the web, a different explanation may help you understand what is going on.

 
+5

Answer by  adawg (247)

Introductory level economics textbooks are great places for understanding economics. If those do not work, there are other ways of learning that put economics in more of a plain-talk format. These include economics for dummies textbooks, and some other books for mainstream audiences.

 
+4

Answer by  tim22 (52)

For basic information on concepts, I would start with a web search. Also, look at the links provided on the bottom of the web page for further research.

 
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