5 Must Read Economics Books for CAT

Why is 'Economics' important for you? Well, for starters, it forms the underpinnings of business and
effectively, ultimately all transactions in the world boil down to those of economics. Considering how
important finance and economics is for business graduates, it makes sense for you to study economics
related books.
Keeping the above mind, we are going to list five economics books that are going to provide
immense learning value and provide additional knowledge as well.
The Wealth of Nations by Adam Smith: An Inquiry into the Nature and Causes of the Wealth of
Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the
Scottish economist and moral philosopher Adam Smith. First published in 1776, the book offers one of
the world's first collected descriptions of what builds nations' wealth and is today a fundamental work in
classical economics.
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Stephen J. Dubner and
Steven D. Levitt: "Freakonomics" is a non-fiction book by economist Steven Levitt and journalist Stephen
J. Dubner.The book is a collection of 'economic' articles written by Levitt, an expert who has already
gained a reputation for applying economic theory to diverse subjects not usually covered by "traditional"
economists. Written in a witty and interesting manner, the book will introduce you to the concept of
economics in the easiest possible manner.
Basic Economics: A Citizen's Guide to the Economy by Thomas Sowell: In Basic Economics, Thomas
Sowell revises and updates his popular book on common sense economics, bringing the world into
clearer focus through a basic understanding of the fundamental economic principles and how they explain
our lives. Drawing on lively examples from around the world and from centuries of history, Sowell explains
basic economic principles for the general public in plain English.
The Undercover Economist by Tim Harford: The book provides an introduction to principles of
economics, including demand-supply interactions, market failures, externalities, globalisation,
international trade and comparative advantage. It explains in non-technical terms how Starbucks and
other coffee providers price their products, why it is hard to buy a decent used car, why the health
insurance system in the United States is failing, and why poor countries remain poor while the People's
Republic of China has continuously grown rich in the last couple of decades.
Economics in One Lesson by Henry Hazlitt: Economics in One Lesson is an introduction to free
market economics written by Henry Hazlitt and was first published in 1946.
Additional Texts:
A few more economics books that you can go through are:

Brief Principles of Macroeconomics by Greg Mankiw

The Road to Serfdom by Friedrich Hayek
Capital in the Twenty-First Century by Thomas Piketty
Capitalism and Freedom by Milton Friedman
The Affluent Society by John Kenneth Galbraith
The New Industrial State by John Kenneth Galbraith
The Price of Inequality: How Today's Divided Society Endangers Our Future by Joseph Stiglitz
Globalization and Its Discontents by Joseph Stiglitz

Best Wishes!!
Team Bulls Eye