In this post, I would like to recommend Tim Hartford’s Undercover Economists to students.
Mr Hartford is not an academic economist. He is a financial journalist,
writing columns in newspapers. Normally I don’t want to read economics
books which are not written by scholars in universities. This is because
I often doubt if these “laymen” economists are professional enough.
They may misinterpret the economic theories and concepts. Their writing
skill is often good but their economics understanding is not guaranteed.
Nonetheless, I heard something about this book from my
students in a general-education class (see my past post on this). I think the book tells something interesting. Hence, I gave it
a try. Then, I find this book is by and large reliable as an economics
book. It does not misinterpret these economics concepts. It basically
explains systematically the microeconomics concepts chapter by chapter
with many real-world examples. This structure is ideal for students who
really want to learn formal economics but find the theories hard to
apply. In this book, you can find a lot of applications.
Besides, this book
possesses the advantage of this type of books not written by
professional economists − the writing skill is excellent and the stories told are
interesting. Being interesting is an important point indeed for students
and beginners. Therefore, I am willing to recommend this book although
it is not a product of professional economists.
I have been teaching economics at a university in Hong Kong for more than ten years. This blog is created to serve two types of readers: those who have taken economics in high schools, and those who are laymen but are interested in economics. This blog is named "hi, economics" because it represents my welcome message to economics learners (say "Hi" to you) and posts in this blog will not require more than what one can learn from a typical high-school economics course.
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