For a lot of people their interest in business economics is very practical; they want to use the information in this branch of economics to improve their chances of business success. It is exciting to see economics have such practical benefits and there have been some great books written on the subject. Here are the top five business economics books reviewed.
Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics by Henry Hazlitt (1988)
This short book is ideal for those busy people who don’t have too much time to delve into economics; therefore perfect for those involved in business. It provides some basic information about how economics influences business as well as society as a whole. By the time readers have finished the 217 pages in this book they will usually have a good grasp of basic economics from which they can further explore business economics.
Investor’s Business Daily Guide to the Markets by Investor’s Business Daily (1996)
This is an excellent introduction to the world of investment. It is written in plain English and there is no need to have any previous knowledge about the subject. If you have ever wondered about how the stock market works then this will be a great way to find out. This will not only be of interest to the investor but also those who are keen to find out about floating their company on the stock market.
The Economics of Money, Banking, and Financial Markets – Business School Edition (2nd Edition) by Frederic S. Mishkin (2009)
Although this is a textbook it could also be a useful resource for anyone wanting to find out more about business economics. All the main topics are covered the writer of this book knows his topic well. It would be possible to get a lot from this text without having any real background knowledge of the subject. This book would also be a good one to keep on hand as a reliable reference source when any questions arise.
The Great Deleveraging: Economic Growth and Investing Strategies for the Future by Chip Dickson and Oded Shenkar (2010)
This book takes an in-depth look at global business strategy and is not only very informative but also interesting enough to keep you turning the pages from start to finish. The authors cover a wide range of topics including the development of the stock market and discussion about tax policy. This book promises to provide a glimpse of what we can expect from the future economy and thus it is a bit of a sobering read. This book is highly recommended for any interested in business economics.
Managerial Economics and Business Strategy – 6th Edition- by Michael Baye (2007)
If you want to find out more about applied managerial economics then this book would be a good one to choose. It provides a comprehensive look at how microeconomic theory applies to the real world. The focus in this book is to provide a practical understanding and it seems to have done this very well. This book is often used in university but it will be useful to almost anyone wishing to understand a bit more about business economics.
