Why study economics and best books for MA Economics Beginners on TU
Why study economics and best books for MA Economics Beginners on TU
Economics is fun and interesting as it teaches you a new way to look the world and it makes the entire world very small in the sense it analyzes
all the activities of the globe within the single category, inspect them, and their
impact on a small and large scale.
For a common person, economics only studies money or wealth but after studying economics, you will understand why people pay more for diamonds and less for water even though water is essential for survival but not the diamond. You will know some countries are so rich and some are so poor. We can understand different policies that countries have adopted to transform their economies and become economically strong.
After studying economics, you may say economics is everywhere in our lives, and understanding it makes our life somehow easier and interesting.
For a common person, economics only studies money or wealth but after studying economics, you will understand why people pay more for diamonds and less for water even though water is essential for survival but not the diamond. You will know some countries are so rich and some are so poor. We can understand different policies that countries have adopted to transform their economies and become economically strong.
After studying economics, you may say economics is everywhere in our lives, and understanding it makes our life somehow easier and interesting.
Simply, economics studies economic natures of undertakings
of different economic actors of the society and state. It divides the entire world
into different four sectors as the household sector, business sector, public sector
and rest of the world sector and I think it makes a kind of sense as well because
we can understand how the individuals, companies or businesses, governments,
entire states or groups of states take decisions.
These decisions always connect cost and benefits, outcome, optimization goals, the contribution, and all needed for the betterment of human life and the welfare of entire communities.
These decisions always connect cost and benefits, outcome, optimization goals, the contribution, and all needed for the betterment of human life and the welfare of entire communities.
Basic Economics Books/MA Economics |
Economics gives us different angels and prospective to
understand things existed around us and encourage innovation as well. The most beautiful thing that I found in economics is it gives most understanding
explanations with help of microeconomic theories regarding the ways and
mechanisms the resources in the world are allocated and how they are distributed
with help of different figures we can show the real-life problems of economic
actors. The use of statistics and mathematics in economics gives the insight to
develop skills and abilities to understand human psychology and that makes it a different subject than rest.
No matter what your profession or business, the ultimate goal is to determine how satisfied you are. Every human being wants to
be good first in his life, then in society, in the country and in the whole
world and want to fulfill all the desires, but due to constraints, they have to
face different problems.
So economics develops models for understanding how people react in such situations, to understand the past, to predict for tomorrow, and most importantly for policy recommendations in order to increase the well-being of the people around the globe. Economics is powerful than other social sciences in the way in which it combines maths, stats, and social behaviors including the observations of individuals.
So economics develops models for understanding how people react in such situations, to understand the past, to predict for tomorrow, and most importantly for policy recommendations in order to increase the well-being of the people around the globe. Economics is powerful than other social sciences in the way in which it combines maths, stats, and social behaviors including the observations of individuals.
Political economy helps us understand different ideologies,
philosophies, policies, and working of government, the role of unions and civil
societies, the media, and so on. Countries have different political ideologies and
governance system but the ending judgment of this is how benefited and happy
their citizens at all economics are nicely used to understand these types of issues
as well.
I will keep telling why economics is so important
for making life better and making a nation the wealthy and strong.
In Nepal, you can get enroll easily to study masters
of art in economics at the Central Department of Economics, Tribhuvan University. If
you have enrolled as students of CEDECON or anyway interested in economics, here I would
like to share some important international e-books of economics freely
available on the internet.
You can download books from this blog at free of cost. Here is the list of books that are so important to understand economics. These books are also very useful to cover the syllabus of M.A Economics, B.A Economics, and all the other business-related courses in Nepal. Listed books may be the Best Economics Books for Students of MA Economics in Nepal.
You can download books from this blog at free of cost. Here is the list of books that are so important to understand economics. These books are also very useful to cover the syllabus of M.A Economics, B.A Economics, and all the other business-related courses in Nepal. Listed books may be the Best Economics Books for Students of MA Economics in Nepal.
Table:
Best Economics Book for Students of MA Economics in Nepal.
Title
of the Book
|
Authors
|
Publication
|
Download
link
|
Principles
of Economics
|
Karl
E. Case, Ray C. Fair, and Sharon M. Oster
|
Pearson
Education Limited
|
Click HERE
|
Economics
Principles Applications and Tools
|
Arthur
O’Sullivan, Steven M. Sheffrin
|
Pearson
Education Limited
|
Click HERE
|
Economics
|
Paul
Krugman, Robin Wells
|
Worth
Publishers
|
Click HERE
|
Economics
in One Lesson
|
Henry
Hazlitt
|
Ludwig von Mises Institute
|
Click HERE
|
Modern
Principles of Economics
|
Tyler
Cowen, Alex Tabarrok
|
Worth
Publishers
|
Click HERE
|
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