Economics Books

Dive into the dynamic world of economics with our wide array of books in the Economics collection. From global financial systems to local economic policies, our selection offers insights by leading economists and scholars.

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The 9 Steps to Financial Freedom - Thryft
Suze Orman | Crown Publishers, Inc.

The 9 Steps to Financial Freedom

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Goodreads rating: 3.77

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If you're feeling stuck in your financial habits, Suze Orman's "The 9 Steps to Financial Freedom" is more than a guide—it's a catalyst for change. Orman addresses the emotional foundations of money management, helping you to confront and overcome subconscious barriers. This isn't just about saving and investing; it's about aligning your financial decisions with personal values for a more fulfilling life. Plus, it's practical, offering concrete advice on everything from taxes to retirement, all while encouraging you to trust your instincts. Perfect if you're seeking a holistic approach to financial well-being.
Financial Markets and Institutions, Global Edition - Thryft
Stanley G. Eakins, Frederic S. Mishkin  | Pearson

Financial Markets and Institutions, Global Edition

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Goodreads rating: 4.07

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This book offers a comprehensive and up-to-date analysis of financial markets and institutions, providing a practical introduction that prepares students for their future careers. The book is organized around core principles that are applied to real-world scenarios, making it an invaluable resource for students transitioning from the classroom to the workplace. With new material on financial markets, institutions, and monetary policy, the book is a must-read for any aspiring finance professional looking to develop critical thinking and problem-solving skills.
Value.able : How to Value the Best Stocks and Buy Them for Less Than They're Worth - Thryft

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Why it's a good read: "Value.able" offers a comprehensive guide to value investing, detailing the author's time-tested rules for success in the stock market. The book's emphasis on long-term strategies and its tips for online trading make it an ideal choice for both novice and seasoned investors looking to enhance their market returns. With clear, concise explanations and examples, readers will leave feeling equipped to make well-informed decisions and confidently navigate the stock market.
Advertising Financial Products and Services : Proven Techniques and Principles for Banks, Investment Firms, Insurance Companies, and Their Agencies - Thryft

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This book is a must-read for professionals in the financial industry who want to learn effective advertising techniques specifically tailored for their field. It covers a range of topics from choosing media to designing and illustrating ads, with a focus on what makes financial advertising unique. Readers will appreciate its practical, how-to approach and valuable insights from an experienced authority in the field.
Labor Economics - Thryft
George J. Borjas | Mcgraw Hill Higher Education

Labor Economics

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Goodreads rating: 3.47

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If you're fascinated by the dynamics of the workforce and how economic theories apply to the labor market, Borjas' "Labor Economics" could be an enlightening pick for you. It’s praised for weaving together traditional concepts with contemporary research, striking a balance that could both broaden your understanding and deepen your appreciation for the subject. It’s not just a textbook but a conversation starter in the field of labor economics.
Economics - Thryft
John Sloman | Prentice Hall

Economics

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Goodreads rating: 3.96

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This book is the go-to resource for anyone looking to understand the fundamental concepts of economics. With its comprehensive and up-to-date content, it provides a clear and concise introduction to the subject. Whether you're a student studying economics for the first time or someone interested in expanding their knowledge, this book is the perfect choice. It is carefully designed to enhance learning and improve your understanding of the subject, ensuring you'll be able to apply economic principles to real-world situations. Don't miss out on this invaluable resource that will help you excel in your economics studies.
International Investments - Thryft
Bruno H. Solnik | Addison-wesley Publishing Comp

International Investments

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Goodreads rating: 3.95

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This book is great for investors who are interested in expanding their understanding of international markets and want to learn about currency issues and performance analysis. The author provides in-depth knowledge and practical tips that can be applied to real-life investment scenarios.
Statistics for Business and Economics: Second Custom Edition for the University of Florida - Thryft

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Boardroom Matters Vol II: Of Conformance and Performance in Corporate Governance - Thryft

Boardroom Matters Vol II: Of Conformance and Performance in Corporate Governance

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This book is a must-read for professionals and business leaders who want to enhance corporate governance in their organizations. It provides practical insights and real-life cases on how to balance conformance and performance to ensure sustainable growth. Readers will benefit from the expert guidance offered by the Singapore Institute of Directors and gain a greater understanding of the importance of good governance practices in today's business landscape.
How Much is Enough? : Making Financial Decisions That Create Wealth and Well-Being - Thryft
Andrew Ford, Arun Abey  | Greenleaf Book Group

How Much is Enough? : Making Financial Decisions That Create Wealth and Well-Being

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Goodreads rating: 3.72

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This book offers a unique perspective on personal finances by combining economic advice with social thought. It teaches readers how to manage their investment portfolios based on their aspirations and guides them towards a fulfilling future. The book doesn't just focus on accumulating wealth but also on finding happiness and striking a balance between financial and personal choices.
Ise Operations Management in the Supply Chain: Decisions & Cases

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This book dives deep into the intricacies of operations management with a clear lens on the supply chain. It's a perfect fit for professionals and students keen on understanding the decisions and challenges that shape a modern supply chain. Through case studies, you'll gain practical insights that can be applied to real-world scenarios, making this an invaluable resource for your career or studies in this dynamic field.
The Informant
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Kurt Eichenwald | Portobello Books Ltd

The Informant

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Goodreads rating: 3.96

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If you're fascinated by the intricate webs of corporate fraud and the complexities of legal drama, "The Informant" is a compelling narrative that reads like a high-stakes thriller. Mark Whitacre's descent into the role of an informant—and subsequent twist as a double-crosser—provides an unusual glimpse into corporate corruption and the psychological play at its core. It's a true story with enough twists to keep any lover of suspense turning its pages.
Value Investing in Growth Companies : How to Spot High Growth Businesses and Generate 40% to 400% Investment Returns - Thryft

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Diving into this book could be incredibly rewarding if you're keen on tapping into the burgeoning Asian markets. The authors have crafted a unique "jigsaw puzzle" model which adeptly combines value investing principles with the pursuit of high-growth opportunities. This approach demystifies the process and provides actionable insights for investing in companies poised to potentially yield anywhere from 40% to 400% returns. It's a strategy that could align well with ambitious, growth-focused portfolios.
Best of Alex 2009 - Thryft
Charles Peattie | Prion Books Ltd

Best of Alex 2009

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Goodreads rating: 4.6

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If you've ever been curious about bankers' lifestyles and the chaos of the 2009 financial crisis through a satirical lens, 'Best Of Alex 2009' offers some cathartic humor for everyone who has ever found themselves bemused by the world of finance. Charles Peattie delivers a year's worth of comic relief juxtaposed with the very real, and often grim, world of economic downturns.
The Death of Money: The Coming Collapse of the International Monetary System - Thryft

The Death of Money: The Coming Collapse of the International Monetary System

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If you're wary about the stability of global finance or simply curious about economic collapse scenarios, "The Death of Money" is a compelling read. James Rickards marries deep analysis with accessible writing to probe into the vulnerabilities of our monetary system. These pages might change how you think about money, investments, and economic security.
The Fast Forward MBA In Business - Thryft
Virginia O'Brien | Wiley

The Fast Forward MBA In Business

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Goodreads rating: 3.75

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"The Fast Forward MBA in Business provides a comprehensive overview of the basics of business in a concise and easy-to-understand manner. It covers a diverse range of topics, from leadership to accounting to economics, making it ideal for anyone looking to refresh their knowledge or start their business journey. The mix of cases, examples, and quick chapters makes finding answers fast and easy. Recommended for those seeking a crash course in business."
Inside Job: The Looting of America's Savings and Loans
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"Inside Job" could be a remarkable read for you if you're keen to dive deep into financial scandals and understand the significant repercussions of deregulation and corruption. The book provides a meticulously detailed account of how a network of figures exploited the 1982 deregulation, leading to a crisis that shook the foundations of America's financial institutions. It’s an eye-opener that might change the way you see financial oversight and regulation.
Management and Organization Theory - A Jossey-Bass Reader - Thryft
Jeffrey A. Miles | Jossey-bass

Management and Organization Theory - A Jossey-Bass Reader

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Goodreads rating: 3.94

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Management students and professionals can benefit from the book's comprehensive and in-depth analysis of the top 50 management theories. The book not only provides detailed information but also critiques the strengths and weaknesses of each theory, helping readers understand the practical application of each theory.
Measuring Marketing: 103 Key Metrics Every Marketer Needs - Thryft
John A. Davis | Wiley

Measuring Marketing: 103 Key Metrics Every Marketer Needs

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Goodreads rating: 3.4

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If you're knee-deep in marketing and feel the pressure to prove the value of your campaigns, "Measuring Marketing" is your ally. John A. Davis lays out a clear roadmap of 103 metrics that will help you translate marketing efforts into definitive financial terms. This book could change how you approach your marketing strategy and give you the tools to communicate your results effectively to stakeholders.
Strategic Cash Flow Management - Finance 05.08 - Thryft

Strategic Cash Flow Management - Finance 05.08

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Strategic Cash Flow Management is a must-read for entrepreneurs and small business owners who want to take control of their finances. The book provides practical insights into cash flow management and offers real-life examples of successful businesses. With a focus on efficiency and investment returns, readers will learn how to develop a strong understanding of cash flow analysis and apply it to their own business. The glossary of key concepts and comprehensive resources guide are additional benefits for those looking to expand their financial literacy. Overall, this book presents a valuable toolkit for anyone striving to achieve financial success in business.
Success Secrets to Maximise Business in China - Thryft
Larry T.L. Luah | Kuperard

Success Secrets to Maximise Business in China

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If you're looking to expand your horizons into the Chinese market, this book could be your guide. It's tailored for entrepreneurs and business enthusiasts eager to understand the complexities of conducting business in China. The book stands out for its in-depth exploration of Chinese cultural practices and how they intertwine with successful business strategies. It's not just a guide; it feels like an insider's roadmap to navigating the unique and often misunderstood business landscape of China.
Talent Economics : The Fine Line Between Winning and Losing the Global War for Talent - Thryft
Gyan Nagpal | Kogan Page

Talent Economics : The Fine Line Between Winning and Losing the Global War for Talent

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Goodreads rating: 4.13

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"Talent Economics" is a must-read book for CEOs and business leaders looking to gain insight into effective global talent management strategies. The book uses economic inquiry to provide a fresh perspective on talent management and presents a new understanding of the ebb and flow of global talent. Nagpal's book guides readers through the complex world of talent economics, providing actionable insights for developing a winning talent strategy.
Singapore: The Fintech Nation
Varun Mittal, Lilian Koh  | Mcgraw Hill

Singapore: The Fintech Nation

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If you're intrigued by the fusion of finance and technology, and how a city-state has positioned itself at the forefront of this revolution, "Singapore: The Fintech Nation" would be a valuable read. It not only outlines the systems in place but also the strategic approach taken to establish Singapore as a trend-setter in financial innovation. The insights offered can give you a thorough understanding of the rise of fintech within a specific economic context.
Global Literacies: Lessons on Business Leadership and National Cultures - Thryft
Carl Phillips | Simon & Schuster

Global Literacies: Lessons on Business Leadership and National Cultures

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Goodreads rating: 3.13

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If you're carving out your space in today's global market, "Global Literacies" can be your compass. It distills the wisdom from top CEOs worldwide into tangible leadership practices, blending cross-cultural savvy with business acumen. Dive into this read to understand the universal truths of leadership and the critical role culture plays in international business success—insights that could help you and your organization thrive in the global economy.
Digital Disruption in Australia: A Guide for Entrepreneurs, Investors & Corporates - Thryft
Nick Abrahams | Totalu Pty Ltd.

Digital Disruption in Australia: A Guide for Entrepreneurs, Investors & Corporates

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If you're navigating the rough tides of Australia's tech scene, Nick Abrahams' "Digital Disruption in Australia" is your compass. It's not just informed hindsight over recent corporate maneuvers; it’s a roadmap for those looking to make waves, whether you're investing, innovating, or steering a corporate ship. With Abrahams’ experience as your guide, the complexities of disruption become opportunities laid out on a silver platter.
F5 Performance Management - Complete Text - Thryft
Kaplan Publishing | Kaplan Publishing Uk

F5 Performance Management - Complete Text

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Goodreads rating: 3.67

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Understand the application of management accounting techniques Learn about quantitative and qualitative data in context of performance management Knowledge check tests to help reinforce your understanding and knowledge Guidance from ACCA on how to apply knowledge to exams Official past papers to give you real exam practice FREE supplementary materials to boost your success in the ACCA F5 Performance Management exam. The ACCA F5 Study Text enables you to develop knowledge and skills in the application of management accounting techniques.This F5 Study Text is designed to complement your own learning style. You can either gain a thorough understanding of the entire syllabus or concentrate on the key examinable topics, covering areas like management accounting techniques for planning, decision-making, performance evaluation and control. Plus, all Kaplan Publishing Complete Texts are approved by the ACCA so you can be confident that the material fully covers the syllabus.
Financial Markets and Institutions in Singapore - Thryft
Tan Chwee Huat | Singapore Univ Pr

Financial Markets and Institutions in Singapore

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Recommendation: If you're looking to gain a comprehensive understanding of the financial landscape in Singapore, "Financial Markets and Institutions in Singapore" is the book for you. Written by a renowned finance expert, this book takes you through the operations of various financial institutions in Singapore, including banks, insurance companies, and finance companies. It delves into the workings of the capital market, money market, stock market, and more. With updated information on financial reforms and the latest developments, this book offers valuable insights into the banking industry in Singapore.
Profit from the Core: Growth Strategy in an Era of Turbulence - Thryft

Profit from the Core: Growth Strategy in an Era of Turbulence

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As someone navigating the complex business landscape, you'll find "Profit from the Core" a treasure trove of actionable insights. The decade-long study distilled into this book offers a clear blueprint for growth that has stood the test of time and turbulence. Whether you're a seasoned CEO or an emerging leader, this strategic guide will help you focus on your core business to unlock long-term profitability and market strength. Think of it as a compass for consistent success in an era that rewards resilience and clarity.
Key Management Models - Thryft
Wouter ten Have, Stevn Ten Have, Frans Steven  | Prentice Hall

Key Management Models

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Delving into "Key Management Models" could be a game-changer if you're keen to sharpen your strategic thinking and operational efficiency. It strips complex concepts into digestible models, making it an ideal companion for aspiring managers or seasoned professionals looking to revisit the core principles that drive successful businesses. It's like having a toolkit that helps translate abstract ideas into actionable plans.
Who Runs Britain? ...And Who's to Blame for the Economic Mess We're In - Thryft
Robert Peston | Hodder

Who Runs Britain? ...And Who's to Blame for the Economic Mess We're In

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Goodreads rating: 3.54

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If you're intrigued by the roots of financial crises or the division between the wealthy and the average citizen, Robert Peston's "Who Runs Britain?" is a compelling read. It uncovers the economic bravado that's widened the wealth gap and gives you a storytelling experience packed with real-world drama and enlightening revelations, making economics both accessible and profoundly interesting. You'll come away more informed about the forces shaping your financial world.
Empirical Econometric Modelling Using PcGive - Thryft
David F. Hendry | Timberlake Consultants Press

Empirical Econometric Modelling Using PcGive

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If you're diving into econometric analysis, Hendry and Doornik's volume is like a trusty compass. It not only introduces you to the complexities of empirical modelling but pairs it with practical application using the PcGive software. This book will help translate theory into practice, an essential step for both students and professionals in the field.
Money Talks: Quotations on Money and Investing - Thryft
Rosalie Maggio | Prentice Hall Pr

Money Talks: Quotations on Money and Investing

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Goodreads rating: 3.33

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Interested in gaining insight and inspiration about money and investing? "Money Talks: Quotations on Money and Investing" offers a diverse collection of over five hundred quotes from renowned figures like Warren Buffet, Woody Allen, and more. Whether you're a seasoned investor or simply intrigued by money matters, this anthology provides a valuable resource filled with wisdom and perspective on the art of financial investment.
Optimizing Optimization - The Next Generation Of Optimization Applications And Theory - Thryft
Stephen Satchell | Academic Press

Optimizing Optimization - The Next Generation Of Optimization Applications And Theory

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The practical aspects of optimization rarely receive global, balanced examinations. Stephen Satchell's nuanced assembly of technical presentations about optimization packages (by their developers) and about current optimization practice and theory (by academic researchers) makes available highly practical solutions to our post-liquidity bubble environment. The commercial chapters emphasize algorithmic elements without becoming sales pitches, and the academic chapters create context and explore development opportunities. Together they offer an incisive perspective that stretches toward new products, new techniques, and new answers in quantitative finance.
The Internet Bubble - Thryft
Anthony B. Perkins, Michael C. Perkins  | Harperbus

The Internet Bubble

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Goodreads rating: 3.32

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If you're interested in learning about the history of the dotcom boom and gain insight into the financial mania that gripped Silicon Valley in the late 90s, "The Internet Bubble" by Anthony B. Perkins and Michael C. Perkins is the perfect read for you. The book delves deep into how over-inflation of the Internet business and the massive investment euphoria led to the eventual bursting of the bubble, leaving many investors disillusioned. Through the authors' expert analysis and advice, readers can learn how to avoid similar financial pitfalls in the future.
The New Market Wizards: Conversations with America's Top Traders
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The New Market Wizards is a great book for those interested in learning from the best in financial trading. The book features interviews with some of the most successful traders in America, sharing their experiences in the financial markets and the strategies that have helped them to success. Readers can gain valuable insights and tips from these interviews, making this a must-read for anyone looking to improve their own financial trading strategies.
Competing in a Flat World - Building Enterprises for a Borderless World

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Imagine you're rethinking the way you do business, recognizing that the landscape has changed dramatically. "Competing In A Flat World" is more than a playbook; it's a window into the real-life strategy of Li and Fung, a company that's thriving in this new environment. It could be the catalyst for your next big adaptation, teaching you how to orchestrate a network that's both vast and nimble. This book promises to offer a rare blend of academic insight and practical wisdom, drawing a blueprint for business agility that's hard to ignore.
Managerial Economics - Thryft
Ivan Png, Dale Lehman  | Wiley-blackwell

Managerial Economics

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Goodreads rating: 3.29

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Managerial Economics is a great resource for business managers who want to make informed decisions using economic principles. The book uses real-world examples and keeps the math to a minimum, making it accessible to those without an economics background. Its emphasis on the role of information in decision-making and global focus make it a valuable read for anyone seeking to improve their managerial skills.
Principles of Corporate Finance Global Edition by Brealey, Myers and Allen - Thryft

Principles of Corporate Finance Global Edition by Brealey, Myers and Allen

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This book is a must-read for anyone seeking a deep understanding of corporate finance. It provides a comprehensive and practical look into financial theory, demonstrating how managers can effectively apply it to solve real-world problems. With its clear explanations and insightful examples, this book will equip you with the knowledge and tools you need to navigate the complex world of corporate finance. Whether you are a financial manager or a student aspiring to enter the field, this book is an invaluable resource that will enhance your understanding and skills.
Before You Quit Your Job
Sharon L. Lechter, Robert T. Kiyosaki  | Business Plus

Before You Quit Your Job

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Goodreads rating: 4.12

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If you've been feeling stuck in your 9-to-5 job, dreaming of starting your own venture, "Before You Quit Your Job" might just be the push you need. Kiyosaki delivers wisdom gained from personal experience, addressing the fears and challenges of leaving a stable job for the uncertainty of entrepreneurship. It's a must-read for anyone ready to take a leap of faith into business ownership.
Rise Of The Financial Ruler - Thryft

Rise Of The Financial Ruler

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Recommendation: - This book could be a good read for someone who wants to gain financial stability and success in their lives. The unique and distinctive feature of this book is its focus on ancient teachings and principles that can be applied to modern-day financial decision-making. By following the Financial Ruler, readers can learn how to navigate through uncertain times and prepare for different seasons in their lives.
Business Statistics - Thryft
Norean D. Sharpe | Pearson

Business Statistics

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Business Statistics is an excellent resource for individuals who want to learn how to make informed business decisions. The book emphasizes analytical skills, preparing future business leaders with the tools they need to tackle any challenge. The authors use a conversational writing style and real data examples to keep readers engaged. Additionally, the book covers current issues like ethics and data mining, making it a comprehensive guide for those looking to enhance their statistical knowledge.
Indian Commodity Derivative Market - Operation And Performance - Thryft
Devajit Mahanta | Primus Books

Indian Commodity Derivative Market - Operation And Performance

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This book is a comprehensive guide for anyone interested in understanding commodity derivatives and their performance in the Indian market. With a detailed analysis of the market's current situation, it sheds light on how investing in commodity derivatives can be a useful risk management tool while also serving as an investment opportunity. The book also offers insights on the need for greater integration between commodity and security markets to optimize benefits from the economies of scale.
Global Marketing:Global Edition - Thryft
Warren J. Keegan | Pearson/education

Global Marketing:Global Edition

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Goodreads rating: 3.59

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This book is a must-read for anyone interested in understanding the intricacies of global marketing. With its focus on current issues and events, it provides valuable insights and tools to apply the 4Ps of marketing on a global scale. Whether you're a student or a professional, this book will help you navigate the complexities of global markets and stay ahead in the ever-changing business world. Get ready to dive deep into the exciting challenges and controversies of global marketing!
Microeconomics - Thryft
Diane F. Eaton, Buford Curtis Eaton, Douglas W.I. Allen  | Prentice Hall College Div

Microeconomics

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Recommendation: - Microeconomics is a fantastic read for anyone who wants to grasp the fundamental concepts of economics and apply them to real-world scenarios. The book provides practical insights and examples that help readers understand how microeconomics shapes our daily lives. With the addition of exercises requiring calculus, it offers a comprehensive learning experience. Whether you're a student or simply curious about the economics of everyday life, this book is a must-read.
Unique Value: The Secret of All Great Business Strategies

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If you've ever wondered why some businesses skyrocket while others plummet, "Unique Value: The Secret of All Great Business Strategies" offers a deep dive into the inner workings of successful companies. Andrea Dunham doesn't just describe what works; she lays out a practical blueprint for executives seeking to navigate their companies toward success, with engaging analyses supported by tables and graphs to drive her points home. This book is your thinking cap for strategic planning.
Internal Auditor's Manual and Guide: The Practitioner's Guide to Internal Auditing - Thryft
Milton Stevens Fonorow | Prentice Hall Direct

Internal Auditor's Manual and Guide: The Practitioner's Guide to Internal Auditing

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Goodreads rating: 4.33

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This book is an essential reference for anyone involved with internal auditing. It offers practical guidance, easy-to-follow procedures, and useful tools for conducting internal audits. It is highly rated by users for its depth and breadth of coverage, clear explanations, and practical examples. It is a must-read for anyone seeking to improve their internal audit skills and knowledge.
Practical Management Science - Thryft
Wayne L. Winston, S. Christian Albright  | Cengage Learning

Practical Management Science

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Goodreads rating: 3.76

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This book is a great resource for professionals who want to learn how to use Excel for practical problem-solving and optimization. With an emphasis on hands-on exercises and real-world examples, it teaches readers how to use different tools and techniques to model complex business problems and make data-driven decisions. The Palisade DecisionTools Suite included with the book adds value to its comprehensive coverage of optimization and modeling techniques.
Global Economics, International Edition - Thryft
Robert J. Carbaugh | South-western

Global Economics, International Edition

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Goodreads rating: 4.5

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If you're looking to broaden your perspectives on how the global market operates, "Global Economics" by Robert Carbaugh is a solid pick. Its real strength lies in breaking down complex trade and finance theories into digestible, relevant examples that tie back to current economic discussions. Plus, its clarity and accessibility make it a go-to even if your background in economics isn't strong.
The New Rich in Asia : Mobile Phones, McDonald's and Middle Class Revolution - Thryft
David Goodman, David S. G. Goodman  | Routledge

The New Rich in Asia : Mobile Phones, McDonald's and Middle Class Revolution

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This book could be a good read for those interested in understanding the impact of modernization on economic growth in East and Southeast Asia. The book explores the emergence of the "new rich" phenomenon in various countries and territories, identifying different socio-political groups that have inherited key features from the rapid economic growth. The unique feature of the book is that it highlights the differences between the middle classes in the West and the newly enriched business and professional class of Asia.
Resilience, Dynamism, Trust 50 Landmark Statements by MAS Leaders - Thryft
Monetary Authority of Singapore | World Scientific Publishing

Resilience, Dynamism, Trust 50 Landmark Statements by MAS Leaders

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If you're intrigued by the complexities of central banking or enjoy delving into the mechanics of financial regulation, "Resilience, Dynamism, Trust" could be quite the enlightening read. This book offers a window into the strategic thinking of MAS leaders, giving you an unprecedented look at how a small country's approach to finance and regulation can achieve global significance. The collection presents a narrative of Singapore's financial journey, likely to inspire professionals and enthusiasts alike.

Unlock the World of Economics

At Thryft, our Economics collection opens up pathways to understanding complex economic theories and real-world applications. Whether you’re interested in microeconomics, macroeconomics, or behavioural economics, our carefully curated selection is designed to enrich your knowledge. Discover works from Nobel laureates and renowned economists that are essential for students, professionals, and enthusiasts who crave a deeper understanding of the economy.