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Recommended Economics Textbook


Readers Question: If you had to recommend ONE economics textbook for someone who works in finance but has never studied economics, what would it be?

It depends what level you wish to study economics at.

Sloman Economics is very good. It is aimed at A Level students and first year at university. It goes into quite a lot of theory, yet, you can leave some of this theory out to understand the main principles.

If you are wanting a cheap and easier introduction to economics, you might like to consider this GCSE economics book. Don’t be put off by  the GCSE title. It provides a good overview of the main issues in economic syllabus. It would be helpful for AS and even A2 students in understanding certain issues before going into more detail.

So Sloman economics is very comprehensive and provides an extensive range of economic theory. GCSE economics is simpler for the basic theories. These are two I have chosen but there are many over good choices as well.

 

3 comments ↓

#1 Lawrence Low on 04.20.09 at 11:15 am

Hi, kind off disagree when you mentioned Sloman. I have that textbook too as it was initially a recommended reading for my students. However I find that it’s too theoretical & it is not student friendly.

I would strongly recommend the book GCSE Economics written by Dan Moynihan. Although O-Level but it explain things in such a way that even a fisherman, butcher, mechanics would be interested to take up economics courses.

Alternatively, the Economics for IB Diploma written by Constantine Ziogas. I find that 90% of the contents are relevant for A-Levels Students

#2 abhay mathur on 07.08.09 at 1:16 pm

Hi,

Sloman was a disaster when we introduced it for the IB Eco program. First time students got lost trying to match the syllabi with the book. Self-studying was so scary that it never happened. In independent parts the book explains well but maybe not as a primary text-book for IB economics

#3 Aashna on 08.11.09 at 6:29 pm

Which is the best text-book for IB economics which covers all the topics broadly?

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