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30 Must-Read Classics for the Economics Class
30 Must-Read Classics for the Economics Class
Description
Book Introduction
A collection of 30 must-read economic classics for all Korean youth.
In line with the drastically changed 2028 college entrance reform plan, not only the special features of the life science department but also in-depth reading activities
A 10-Minute Daily Classic Reading Plan to Develop the Integrated Thinking Skills and Insights Desired by Top-Ranking Universities


The flow of education and college entrance examination systems has been changing rapidly recently.
This also means that the type of talent our society and universities desire is changing.
Universities, especially top-tier universities, now want well-rounded and integrated students who are not only cognitively gifted but also able to actively communicate and collaborate within a community.
How can we cultivate these capabilities? In a rapidly changing world, the fastest way to discover unchanging values, find fundamental questions and answers to solve problems, and cultivate the ability to gain insight into objects and phenomena is through reading, and especially through reading the classics.


The 『30 Essential Readings for the Living Classics』 series was designed to help students develop integrated and holistic capabilities through reading a variety of classics.
Six current teachers who share the importance of classics have carefully selected 180 representative classic works from various fields, including Korean literature, foreign literature, economics, science, history, and philosophy.
This book focuses on recommended or required readings from leading domestic universities, and contains representative works that students must review. In particular, it reflects the changes in the educational field, where the importance of detailed academic abilities and special skills in school records is increasing ahead of the implementation of the 2022 revised curriculum and 2028 college entrance reform plan.


The fourth book in this series, 『30 Classic Must-Read Books on Economics』, introduces a selection of 30 classic books in the field of economics that provide crucial insights into understanding human behavior and social structure.
The author emphasizes that "to grasp the essence and complexity of economics, it is important to lay a solid foundation in theory and analysis, and one way to solidify that foundation is to read economic classics in depth."
This book outlines the core concepts and theories students must know, along with explanations of each work. It also provides concrete examples of how these theories can be applied to real-world situations.
Furthermore, rather than simply reading economic classics, it provides specific guidance, focusing on what academic questions to ask and how to connect them to critical thinking.
In particular, it introduces research topics and directions that can be utilized in conjunction with the curriculum, as well as specific examples and methods to reflect career activities and special features in the school life record, making it the best way to prepare for the comprehensive student evaluation in conjunction with reading.

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index
Series Preface
Field Introduction
Reviewer's note

▶ First book - The Wealth of Nations, Adam Smith
▶ Second Book - An Essay on the Principle of Population, Thomas Malthus
▶ Third Book - Capital, Karl Marx
▶ Fourth Book - Principles of Political Economy, John Stuart Mill
▶ Fifth Book - Freakonomics, by Steven Levitt and Stephen Dubner
▶ Sixth Book - Why Nations Fail, Daron Acemoglu, James A.
Robinson
▶ Seventh Book - The Road to Serfdom, Friedrich A.
Hayek
Book Eight - Capitalism and Freedom, Milton Friedman
▶ Book 9 - Principles of Economics, Alfred Marshall
▶ Tenth Book - "Monetary Economics," by Milton Friedman
▶ Eleventh Book - The End of Poverty, Jeffrey Sachs
▶ Book 12 - Capital in the Twenty-First Century, Thomas Piketty
▶ Book 13 - Thinking, Fast and Slow, by Daniel Kahneman
▶ Fourteenth Book - The Great Transition, by Jared Lyons
▶ Fifteenth Book - Small is Beautiful, E.
F. Schumacher
▶ Book 16 - The Future of Local, by Helena Norberg-Hodge
▶ Seventeenth Book - Nudge, Richard H.
Thaler, Cass R.
Sunstein
▶ Book Eighteen - What Makes Us Act, Yuri Gnage and John List
▶ Nineteenth Book - The General Theory of Employment, Interest, and Money, John Maynard Keynes
▶ Book 20 - The Affluent Society, John Kenneth Galbraith
Book Twenty-First - Irrational Exuberance, Robert Schiller
Book 22 - On the Principles of Political Economy and Taxation, David Ricardo
Book 23 - Beyond the Tragedy of the Commons, Elinor Ostrom
▶ Book 24 - The Theory of Economic Development, Joseph Schumpeter
Book Twenty-Fifth - This Time Is Different, by Kenneth Rogoff and Carmen Reinhart
Book 26 - The Black Swan, by Nassim Nicholas Taleb
Book 27 - End This Depression Now!, by Paul Krugman
Book 28 - The Social Cost of Automobiles, by Hirofumi Uzawa
▶ Book 29 - Globalization and Its Discontents, Joseph Stiglitz
▶ Book 30 - "Random Walk Investment Lessons," by Burton Malkiel

Detailed image
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Into the book
However, this does not mean that economics is simply a collection of numbers and theories.
It provides wisdom to understand human behavior and the structure of society, and to change the world for the better.
To grasp the essence and complexity of economics, it is important to lay a solid foundation in theory and analysis.
One of the most effective ways to build a solid foundation is to read economic classics in depth.

--- p.9 From the author's preface

Through this book, I hope you'll consider how the concept of the "invisible hand," where prices are determined by supply and demand, can be linked to the fundamental theory of modern free trade. Furthermore, by applying this concept to current social phenomena, you'll explore your own reflections and propose alternatives on how to achieve balance and harmony between inflation and free trade.

--- p.21 From “The Wealth of Nations”

In conclusion, this book allows us to reflect on population policy and social development, and to reexamine the importance of population and resource management in the present context.
By systematically examining the wide-ranging impacts of population growth and economic development on economics, sociology, environmental studies, public policy, and social thought, you can cultivate your economic and social thinking skills and directly organize key issues within the currents of economics.

--- p.31 From "Population Theory"

Levitt and Dubner's Freakonomics was born from a critical perspective on the limitations of conventional economic predictive models and their discrepancies with reality.
From this critical perspective, Freakonomics presents a fresh look at economics from a realistic and practical perspective.
Levitt and Dubner promote integration not only with economics but also with other academic fields, notably by combining economics with literature, art, and psychology to enrich their understanding of economic phenomena.

--- p.59 From "Freakonomics"

Capital in the Twenty-First Century is a book that delves into how economic inequality arises and expands.
Through this book, we need to analyze the structural and fundamental causes of conflict in economic inequality in modern society, apply them to current economic trends in Korea, and consider the effectiveness of Piketty's policy proposals.
It would also be good to consider whether progressive income and capital taxes are the only way to eliminate inequality and advance all nations toward development.

--- p.133 from “Capital in the 21st Century”

In conclusion, Nudge offers a fresh perspective on how to subtly guide and positively influence people, revolutionizing how we view government policy, corporate strategy, and individual choice.
The book's central argument is that the nudge approach can bring about positive change in a variety of areas, including improving personal health, protecting the environment, and making financial decisions, by changing people's choices and behaviors.

--- p.184-185 from "Nudge"

In this way, Taleb speaks of the importance of acknowledging the limitations of prediction and always being prepared as a way to prepare for an uncertain future.
According to this, it is important to adapt to unknown events and expand opportunities.
Recognizing and learning from black swans makes us realize why we need to be humble in investing and in life in general.

--- p.278 From "Black Swan"

But the bigger problem is that the social costs generated by automobiles are not properly quantified, and even these unquantified costs are not borne by drivers, but are passed on to pedestrians and residents.
Moreover, the damage is borne more by the powerless and the poor.
In economics, this phenomenon of the costs incurred being transferred to external parties rather than being borne by the parties themselves is called a “negative externality” or “external diseconomy.”
--- p.298 From “The Social Cost of Automobiles”

Publisher's Review
The secret to developing skills that remain constant despite the changing college entrance exam system: reading the classics.
The fourth book in the "30 Must-Read Classics for the Living" series, selected by current teachers.
《30 Must-Read Classics of Life and Death: Economics》


The current educational and college entrance examination systems are undergoing significant changes, including the implementation of the high school credit system, the integration of liberal arts and sciences, and the expansion of the comprehensive student admissions system.
This also means that it has become very important for students to explore their own career paths, choose their subjects, and create their own portfolios when preparing for college entrance exams.
Top universities, in particular, want creative and comprehensive thinkers who can create and demonstrate new value.
Not just cognitive abilities.
We seek talented individuals who are well-developed, including the ability to actively communicate and cooperate within the community.
How can we cultivate these capabilities? In a rapidly changing world, the fastest way to discover unchanging values, find fundamental questions and answers to solve problems, and cultivate the ability to gain insight into objects and phenomena is through reading, and especially through reading the classics.
The "30 Essential Readings for the Living Classics" series was designed to help students develop integrated and holistic capabilities through reading a variety of classics.
This series introduces 180 representative classic works carefully selected by six current teachers who share the importance of classics in various fields, including Korean literature, foreign literature, economics, science, history, and philosophy.
These are representative works that students must review, focusing on recommended and required readings presented by leading domestic universities.

A guide to in-depth study of classic must-reads and the use of the life cycle.
From preparing for school exams to career guidance and tax specials, all in one book!

Above all, this series summarizes the core content of classic must-reads, lowering the psychological hurdles for students to read the classics and allowing them to comfortably accept them.
With detailed explanations, you can prepare for your internal exams, and we have put a lot of effort into ensuring that it goes beyond simple reading and is connected to academics by providing a guide to in-depth exploration activities.
In particular, as the importance of detailed academic abilities and special skills in school records is increasing due to the 2022 revised curriculum and the 2028 college entrance reform plan, we wanted to specifically show the direction of connection with the life history record.
It presents research topics and directions to be explored in connection with classics for each subject, and also introduces specific examples and methods that can be reflected in connection with the specific subjects in the school life record after reading the classics.
This book will help students create their own portfolios by reading classics from various fields and drawing up a roadmap for their school records.
Above all, I hope that it will help you learn the joy of reading and the value of life, and serve as a guide in making choices on your journey toward college entrance.


A Selection of 30 Classic Economics Books to Develop Humanities and Social Sciences Skills
Follow-up activities that lead to understanding of core economic concepts and critical thinking.


《30 Classic Must-Read Books on Economics》 introduces 30 classic books in the field of economics that provide crucial insights into understanding human behavior and social structure.
The author emphasizes that "to grasp the essence and complexity of economics, it is important to lay a solid foundation in theory and analysis, and one way to solidify that foundation is to read economic classics in depth."
This book outlines the core concepts and theories students must know, along with explanations of each classic, and provides specific examples of how they can be applied to real-world situations.
It also doesn't just end with reading the book, but provides specific guidance on how to connect it to critical thinking later on.
The author states, “Having seen up close the difficulties high school students face in determining the direction of their academic records, I often find that they have difficulty understanding the rich wisdom of economic classics or experiencing the true joy of learning.” Through this book, the author “aimed to help students deepen their understanding of economic classics and convey their stories more vividly and persuasively.”
This book will serve as a valuable guide to help students develop their humanities and social sciences skills through economics classics and create their own life stories.
GOODS SPECIFICS
- Date of issue: November 20, 2024
- Page count, weight, size: 324 pages | 444g | 148*210*20mm
- ISBN13: 9791168272262
- ISBN10: 1168272262

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