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Economics: A Very Short Introduction (Very Short Introductions) Paperback – 22 Feb 2007
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An excellent introduction... presents mathematical and statistical findings in straightforward prose. (Financial Times)
I wish more people would read Dasgupta's book, and I wish more economists would write variations on its theme. It is a model specimen. (www.economicprincipals.com)
The text is direct, rigorous and thought-provoking. It provides an intelligent, rigorous and readable introduction to economics. (London Book Review.com)
About the Author
Partha Dasgupta is Frank Ramsey Professor of Economics, University of Cambridge and Fellow of St John's College. His book, An Inquiry into Well-Being and Destitution (OUP, 1993) was praised as 'a tour de force... a model of good economics' (Joseph Stiglitz) and 'philosophically sophisticated, empirically well-informed, ambitious and lively' (James Griffin).
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There were so many ‘aha’ moments that I realise that my previous perception of economics was very basic and very naive. Dasgupta uses the vehicle of contrasting the many factors influencing the lives of two ten year old girls, the first is Desta living in Ethiopia, the other Becky living in US.
Although this is in the Oxford University Press ‘A Short Introduction’ range, this brilliant book gives us the breadth and depth of economics, linking it to other human activities in politics, sociology, belief system, etc. making it essential reading to all college students as they may gain a better insight into economics and with it might subsequently have a better chance of becoming successful entrepreneurs.
Unfortunately this edition was published in 2007, so there is no mention of the banking crisis 2007-2008. I for one would dearly like to read an updated 2nd edition and see how Dasgupta’s analysis of it and possibly how he might refer to it in his chapters dealing with Trust, Markets and Institutions.
This book remains relevant, so despite reading this book, post economic banking crisis and post Brexit decision, it has helped me to understand how the rich get richer and the poor get poorer no matter what. I can now see how this happens as the economic, political, legal and social aspects play out, not only globally, but also closer to home in the UK between the ‘deprived areas’ and the ‘wealthy areas’.
Good contents, structuring, satisfactory style and pace of writing by the author and well referenced material all add to the reading experience, I would recommend it to the interested casual reader, students or even anyone acquainted by the topic as it is sometimes interesting to read good introductions, like this one, as an exercise in considering what you have learned in between first acquaintance and now.
This is a great series for getting a quick overview of many subjects. I call them train journey books as they can be read on quickly on a train journey.
This is a complicated subject but this book attempts (and largely succeeds) in 170 pages in giving you the basics. It starts with the history of the subject and then describes the application of economics in our modern world. You won’t become an expert by reading this book but it will give you an appreciation of how economics drives the modern world.
Another good book in the series that gets the essentials in. Quite well written and easy to follow. I enjoyed this book but believe me there is far more to this subject than mentioned in this book. However, it is a great primer on economics.
Sadly I felt this book failed to deliver on that. I have no doubt the author is an expert in their field, but it was just presented in too complex a manner. The context is good - providing two families in very different worlds and explaining how their different lives can be defined by economics, but beyond that it got too complex too quickly.
A real disappointment.
This one tackles a huge subject, namely Economics, with a fair degree of focus without getting bogged down in too much detail [an actual failing of modern economic theory for decades now] and on the whole I think tries to presents Economics as what it should be- a rigorous social science, rather than a wannabe hard one. Well worth a look for a balanced take on the discipline.
It was written in 2007 so some important new developments won't be included.
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