Economics |
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Economics (/ɛkəˈnɒmɪks, iːkə-/) is the social science that studies the production, distribution, and consumption of goods and services.
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements.
Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational and behavioural economics; and between mainstream economics and heterodox economics.
Economic analysis can be applied throughout society, in real estate, business, finance, health care, and government. Economic analysis is sometimes also applied to such diverse subjects as crime, education, the family, law, politics, religion, social institutions, war, science, and the environment.
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Naked Economics
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Charles Wheelan
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Why Nations Fail
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Daron Acemoglu
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Principles of Economics
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Carl Menger
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The Return of Depression Economics and the Crisis of 2008
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Paul Krugman
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Debunking Economics
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Steve Keen
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Economics in One Lesson
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Henry Hazlitt
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Nudge: Improving Decisions About Health, Wealth, and Happiness
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Cass Sunstein
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Basic Economics: A Citizen's guide to the Economy
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Thomas Sowell
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The Big Short: Inside the doomsday machine
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Michael Lewis
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The Wealth and Poverty of Nations
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David Landes
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The Intelligent Investor
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Benjamin Graham
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An Inquiry into the Nature and Causes of the Wealth of Nations
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Adam Smith
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Wealth Creation: A Systems Mindset for Building and Investing in Businesses for the Long Term
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Bartley J. Madden
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International Political Economy: Perspectives on Global Power and Wealth
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Jeffry A. Frieden
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Lords of Finance: The Bankers Who Broke the World
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Liaquat Ahamed
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Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
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Nassim Nicholas Taleb
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New Ideas From Dead Economists
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Todd G. Buchholz
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The End of Poverty: How We Can Make It Happen In Our Lifetime
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Jeffrey Sachs
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Human Capital, Population Growth and Economic Development
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Mark R. Rosenzweig
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Economic Facts and Fallacies
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Thomas Sowell
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Freefall: America, Free Markets, and the Sinking of the World Economy
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Joseph Stiglitz
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The General Theory of Employment, Interest, and Money
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John Maynard Keynes
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The Worldly Philosophers
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Robert Heilbroner
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Predictably Irrational
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Dan Ariely
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The Affluent Society
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John Kenneth Galbraith
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The Armchair Economist
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Steven E. Landsburg
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