1. Principles of Economics by N. Gregory Mankiw, Hardcover: 892 pages, Publisher: South-Western College
The author’s conversational writing style is superb for presenting the politics and science of economic theories to tomorrow’s decision-makers. Because Mankiw wrote it for the students, the book stands out among all other principles texts by encouraging students to apply an economic way of thinking in their daily lives. Receiving such a praise as “perhaps the best ever” textbook in economic principles, it’s no wonder Mankiw’s prize project has quickly become one of the most successful books ever to be published in the college marketplace.
2. Basic Economics: A Citizens Guide to the Economy, Revised and Expanded by Thomas Sowell, Hardcover: 496 pages, Publisher: Basic Books
This is the revised and enlarged edition of a new kind of introduction to economics for the general public-without graphs, statistics, or jargon. In addition to being updated, Basic Economics has also become more internationalized by including economic problems from more countries around the world, because the basic principles of economics are not confined by national borders. While most chapter titles remain the same, their contents have changed considerably, reflecting the experiences of many different peoples and cultures.
3. The Complete Idiot’s Guide to Economics by Tom Gorman, Paperback: 352 pages, Publisher: Alpha Books
Local or global, economic issues are on the public’s mind-but making sense of supply and demand isn’t so simple. This book explains in everyday terms how markets work, introducing the key players-consumers, business, and government-and using their behavior to illustrate basic theories and ideas. In addition, it coaches both general readers and students in the key concepts and analytical tools of macroeconomics and microeconomics, and teaches the dynamics of markets, consumer behavior, business investment, budgets and taxation, recession and expansions, unemployment and inflation, and more.
4. Applied Economics: Thinking Beyond Stage One by Thomas Sowell, Hardcover: 246 pages, Publisher: Basic Books
The application of economics to major contemporary real world problems–housing, medical care, discrimination, the economic development of nations–is the theme of this new book that tackles these and other issues head on in plain language, as distinguished from the usual jargon of economists. It examines economic policies not simply in terms of their immediate effects but also in terms of their later repercussions, which are often very different and longer lasting. The interplay of politics with economics is another theme of Applied Economics, whose examples are drawn from experiences around the world, showing how similar incentives and constraints tend to produce similar outcomes among very disparate peoples and cultures.
5. Managerial Economics & Business Strategy w/Data Disk by Michael Baye, Hardcover, Publisher: McGraw-Hill/Irwin
This is one of the best-selling managerial economics textbooks. It is the first textbook to blend tools from intermediate microeconomics, game theory, and industrial organization for a managerial economics text. Baye is known for its balanced coverage of traditional and modern topics, and the fourth edition continues to offer the diverse managerial economics marketplace a flexible and up-to-date textbook. Baye offers coverage of frontier research in his new chapter on advanced topics. The Fourth Edition also offers completely new problem material, data, and much more.
6. International Economics: Theory and Policy (6th Edition) by Paul R. Krugman, Maurice Obstfeld, Hardcover: 784 pages, Publisher: Addison Wesley
A text on international economic theory that provides an up-to-date analytical framework for illuminating the meaning and consequences of current world events.