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 Richest Man in Babylon
George S. Clason | Efinito

The Richest Man in Babylon

RM44.00 MYR

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Goodreads rating: 4.23

RM44.00 MYR

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44% off est. retail
If you're looking to improve your financial literacy in a way that's both engaging and easy to digest, "The Richest Man in Babylon" is a must-read. The book's strength lies in its simple yet profound parables that deliver age-old truths about wealth accumulation and financial management. Clason's classic will equip you with principles that are as relevant today as they were in ancient Babylon, all wrapped up in stories that resonate with readers from all walks of life.
Zero to One: Notes on Startups, or How to Build the Future
Just Arrived

RM25.00 MYR

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72% off est. retail
This is a great pick if you like business books that challenge the usual startup clichés and push you to think more originally. Thiel’s biggest draw is how bluntly he argues that real value comes from building something genuinely new, not just improving what already exists. Readers often come away feeling provoked, energized, and a little more ambitious about what the future could look like.
Mind Set! : Reset Your Thinking and See the Future - Thryft
John Naisbitt, Eric Conger  | Harper Business

Mind Set! : Reset Your Thinking and See the Future

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Goodreads rating: 3.52

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72% off est. retail
If you've ever wanted to sharpen your ability to predict and adapt to future trends, "Mind Set!" offers compelling insights. John Naisbitt, with his proven track record on forecasting global shifts, serves as an excellent guide in navigating the changes brought on by globalization. His hands-on approach will arm you with the mindset necessary to understand and leverage these transformations in any domain you find yourself.

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"Factfulness" feels like a refreshing dose of clarity in a world where pessimism often takes the front seat. Hans Rosling's expertise in public health shines through as he dismantles misconceptions with hard data, making you question the lenses through which you view global progress. It's a book that doesn't just lay out the facts but teaches you how to think differently about them. If you ever feel overwhelmed by the doom and gloom of the news, this book could be the optimistic yet realistic perspective you need.
The Lean Startup
Just Arrived
Eric Ries | Best Business

The Lean Startup

RM76.00 MYR

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Goodreads rating: 4.11

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39% off est. retail
This book could be a good read for you if you're an entrepreneur or aspiring startup founder looking to build a successful business. Eric Ries presents a fresh approach to entrepreneurship, emphasizing continuous innovation and rapid experimentation. By adopting the principles of the Lean Startup methodology, you'll learn how to navigate the uncertainties of the business world and make data-driven decisions. With practical insights and real-life examples, this book will revolutionize your startup approach and help you achieve sustainable success.
Buffett's Tips: A Guide to Financial Literacy and Life
John M. Longo | Wiley

Buffett's Tips: A Guide to Financial Literacy and Life

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Goodreads rating: 3.9

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Diving into "Buffett's Tips" feels like you're gaining a mentor in the art of investing. For someone eager to build their financial acumen, this book translates the complex world of finance into digestible, actionable advice. Buffett’s legendary insights can guide you, whether you're looking to manage your personal finances or grow a business portfolio. Imagine having a conversation with the Oracle of Omaha himself—that's the kind of invaluable perspective you'll find here.
From Source to Sold: Stories of Leadership in Supply Chain
Radu Palamariu, Knut Alicke  | Grammar Factory Publishing

From Source to Sold: Stories of Leadership in Supply Chain

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Goodreads rating: 4.12

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Diving into "From Source to Sold" could be a career game-changer if you're fascinated by the intricacies of supply chain management. With contributions from two well-known experts, Palamariu and Alicke, this book might just be the key to unlocking a new level of understanding and leadership within your professional realm. Their global perspective is meant to not only inform but also inspire innovative thinking in your supply chain pursuits.
I Am John Galt: Today's Heroic Innovators Building the World and the Villainous Parasites Destroying It

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If Ayn Rand's philosophy intrigues you, "I Am John Galt" could offer an enlightening exploration into how her ideas play out in the real world. Luskin and Greta delve into the lives of contemporary innovators who embody Rand's ideals and the antagonists they face, providing not just inspiration, but also a critical look at modern-day capitalism and the people who shape it. Whether you agree with Rand or not, this book presents thought-provoking parallels that could stimulate your intellectual curiosity.
What the Dog Saw: And Other Adventures
Malcolm Gladwell | Little, Brown And Company

What the Dog Saw: And Other Adventures

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Goodreads rating: 3.85

Regular price RM69.00 MYR RM54.00 MYR 22% off

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If you've ever been intrigued by the quirks of everyday items or wondered about the little things that shape our world, Malcolm Gladwell's collection of essays could be a delightful exploration for you. His ability to dissect the commonplace and present it in a thought-provoking way is unparalleled. What the Dog Saw will make you look at the world differently, finding profound insights in the mundane – perfect for the naturally curious mind.
The Tipping Point: How Little Things Can Make a Big Difference
Malcolm Gladwell | Little, Brown Book Group

The Tipping Point: How Little Things Can Make a Big Difference

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Goodreads rating: 4.01

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If you're captivated by the nuances of social dynamics, Gladwell's 'The Tipping Point' might just be your next fascinating read. It's a book that unravels the mystery behind why certain trends catch on and how minuscule actions can have significant impacts. It's a mixture of psychology, sociology, and marketing that offers an understanding of the mechanics behind societal shifts. If you're someone who is curious about the world around you and enjoys looking at things from a fresh perspective, this could be the eye-opener you need.
Leading the Revolution
Gary Hamel | Harvard Business School Press

Leading the Revolution

RM18.00 MYR

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Goodreads rating: 3.83

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If you're feeling like your company is hitting a plateau, "Leading the Revolution" will be your wake-up call. Gary Hamel doesn't just mull over the need for innovation; he provides a blueprint for shaking the foundations of any industry. It's assertive and incites the kind of outside-the-box thinking that could turn you from an industry participant into an industry leader. This book isn't just informative; it's a catalyst for bold transformation.
Purple Cow: Transform Your Business by Being Remarkable
Seth Godin | Portfolio

Purple Cow: Transform Your Business by Being Remarkable

Regular price RM44.00 MYR RM15.00 MYR 66% off

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Goodreads rating: 3.78

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If the idea of standing out in a crowded marketplace excites you, 'Purple Cow' is a must-read. Seth Godin's refreshing take on marketing strategies will guide you through the necessity of innovation and distinctiveness. It's for anyone eager to leave behind the safety of the ordinary and embrace the potential of being noteworthy in their field.
Art Hats in Renaissance City: Reflections and Aspirations of Four Generations of Art Personalities
Just Arrived
This book would be a good read for someone who is curious about the journey of Singapore's art scene. Through personal reflections and aspirations, it provides an authentic voice of those who have shaped the cultural landscape of the city. It not only showcases the diversity of creative industries but also highlights the crucial role of heritage development in Singapore's artistic evolution. Whether you are an art enthusiast or simply interested in understanding the transformation of a city through art, this anthology offers valuable insights and real-life experiences that will leave you inspired.
The Laws of Wealth: Psychology and the Secret to Investing Success

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Imagine having a seasoned psychologist navigate you through the traps of your own investing biases. That's what you get with "The Laws of Wealth." Dr. Daniel Crosby blends psychological expertise with real-world financial nous, offering not just insights into why we often fail as investors but also providing clear actions to help us improve. It's not just theory; Crosby's book is a hands-on toolkit for anyone serious about making smarter investment decisions without falling prey to common mental pitfalls.
Playing With Fire: Financial Independence Retire Early - How Far Would You Go for Financial Freedom?

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If you've ever felt trapped in the grind for a life that's not quite fulfilling, Scott Rieckens's story in "Playing With FIRE" could be the wake-up call you need. It's a real-life adventure about sacrificing material comforts for a chance at genuine happiness. This book could show you that financial independence isn't just for the wealthy elite; it's achievable, and it might redefine what you consider a life of success.
Amazing Decisions: The Illustrated Guide to Improving Business Deals and Family Meals
Dan Ariely, Matt R. Trower  | Hill And Wang

Amazing Decisions: The Illustrated Guide to Improving Business Deals and Family Meals

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Goodreads rating: 3.63

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If you're intrigued by the idea of understanding the invisible forces that nudge our decisions, "Amazing Decisions" is for you. Dan Ariely's expertise in behavioral economics is wrapped in a creative, engaging comic format. It's ideal if you enjoy a mix of visual storytelling with insightful research, promising not just an informative read but also a visually stimulating experience.
The Dilbert Principle: A Cubicle's-Eye View of Bosses, Meetings, Management Fads & Other Workplace Afflictions

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The Dilbert Principle provides a hilarious yet accurate commentary on the absurdities of corporate America. With relatable characters like Dilbert, readers will laugh out loud at the ridiculousness of management fads, bureaucracy, and performance reviews. Scott Adams uses clever humor and satire to expose the dysfunctional culture of the modern workplace, making this book a must-read for anyone who has ever worked in an office setting.
How to Speak Money: What the Money People Say—And What They Really Mean
John Lanchester | Faber & Faber

How to Speak Money: What the Money People Say—And What They Really Mean

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Goodreads rating: 3.73

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If you've ever felt lost when finance topics pop up in conversation, "How to Speak Money" might just be your lifeline. John Lanchester offers a witty yet informative tour through the thicket of financial jargon. It’s like having a translator for a world that often feels exclusive and daunting. By the time you're through, you'll not only understand but also be able to confidently engage in discussions about the economic forces shaping our lives.
The Art of Thinking Clearly
Rolf Dobelli | Harper

The Art of Thinking Clearly

RM206.00 MYR

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Goodreads rating: 3.85

RM206.00 MYR

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If you've ever felt trapped by bad decisions or tangled in illogical thinking, "The Art of Thinking Clearly" could be a breath of fresh air. Rolf Dobelli skillfully dissects the mental glitches that snag our thinking, and he does so in bite-sized chapters that make complex psychological concepts digestible. It's not just thought-provoking, but practically applicable, gifting you with insights to sharpen your everyday decision-making.
How to Hook a Whale: Secrets of Selling to the Ultra High Net Worth
Just Arrived

RM36.00 MYR

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This feels like a rare peek behind velvet ropes, showing how high-stakes relationships with the ultra-rich are actually built. If you enjoy business books with sharp people-reading, negotiation, and a flashy real-world setting, this one has a memorable edge. It’s the kind of book readers pick up for the glamour but keep reading for the psychology and hard-earned sales instincts.
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for the Serious Trader
Just Arrived

RM44.00 MYR

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84% off est. retail
If you like learning by watching the market think in real time, this is the kind of book that can completely change how you read a chart. Brooks dives deep into the messy middle of trading ranges, where most markets actually live, and gives that uncertainty structure. It is dense and serious, but many readers would say that is exactly why it feels valuable: less hype, more hard-earned screen-time wisdom.
The 80-Minute MBA: Everything You'll Never Learn at Business School
Just Arrived

RM40.00 MYR

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45% off est. retail
If you're curious about an MBA's highlights without spending years in a classroom, this book is your ally. It packs essential business insights and concepts into a very accessible format. Perfect for refreshing your knowledge or getting a swift grasp of key business strategies for practical application.
The Parable of Pipeline is perfect for readers who want to learn about creating steady income streams. The book teaches readers how to build pipelines of ongoing residual income that provide the financial freedom they crave. With a straightforward approach, Burke Hedges shows readers how to make the leap from earning a living today to enjoying a lifestyle tomorrow. The most unique feature of this book is that it provides practical, actionable steps on how to achieve passive wealth. Overall, readers will appreciate The Parable of Pipeline for its simple yet valuable advice on building financial independence.
How to Win Friends and Influence Profits: The Art of Winning More Business From Your Clients

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If growing your service business is a priority, this book could be invaluable to you. It's like an owner's manual, providing a practical roadmap to not just win over clients, but to expand your business with them. In a competitive market where your rivals might be one step ahead, insights from "How to Win Friends and Influence Profits" could give you that necessary edge.
Bull's Eye Investing: Targeting Real Returns in a Smoke and Mirrors Market

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61% off est. retail
If you're feeling adrift in the constantly shifting landscape of modern investment, "Bull's Eye Investing" might just anchor your approach. John Mauldin doesn't just critique the age-old "buy and hold" philosophy; he equips you with the tools to navigate and profit in a market full of illusions. By presenting alternatives to the traditional stock portfolio, Mauldin is handing you a compass for plotting a course through financial turbulence. This book could become your investment lighthouse in stormy economic seas.
The Toyota Way to Continuous Improvement: Linking Strategy and Operational Excellence to Achieve Superior Performance

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If you're striving for efficiency in your business or just fascinated by Toyota's renowned lean management principles, this book is a treasure trove of insights. It's a deep dive into what makes Toyota's continuous improvement strategies work and, more importantly, why some attempts to emulate them don't. By reading it, you'll gain a practical understanding of linking big-picture strategy with day-to-day operational excellence – knowledge that could drive superior performance in your own endeavors.
Worry-Free Money: The Guilt-Free Approach to Managing Your Money and Your Life

RM33.00 MYR

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64% off est. retail
If budgeting has always felt like a chokehold on your happiness, "Worry-Free Money" might be the breath of fresh air you've been looking for. Shannon Lee Simmons replaces rigid budgeting with an understanding and flexible approach to personal finance. This could be your roadmap to shaking off that constant feeling of being broke, no matter how much you earn, and still indulge reasonably. It's practical, relieving, and could be a game changer for your financial wellbeing.
Built to Last: Successful Habits of Visionary Companies

RM36.00 MYR

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75% off est. retail
Reasons to read: - This book provides insightful research and analysis on what makes certain companies exceptional and long-lasting. - With numerous specific examples and practical concepts, it offers a blueprint for building organizations that can thrive in the future. - Whether you're a manager or an entrepreneur, this book equips you with strategies to create and sustain success in the ever-evolving business landscape. - Built to Last is a valuable resource for anyone interested in understanding the key factors behind the enduring success of visionary companies.
Why Smart People Make Big Money Mistakes... and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics

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41% off est. retail
This book is a must-read for anyone looking to understand the psychology behind their financial decisions. Belsky and Gilovich provide eye-opening examples and practical advice to help readers avoid common financial mistakes. Their use of behavioral economics concepts brings a fresh perspective to personal finance that is both enlightening and informative.
Science and Technology for Development
James Smith | Zed Books

Science and Technology for Development

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Goodreads rating: 4.0

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If you're passionate about how innovation can foster positive change globally, this book will resonate with you. James Smith deftly illustrates the intersection of science and societal growth, particularly in underprivileged regions. It's a deep dive into how the right technological advances can serve as a cornerstone for sustainable development, and why aligning scientific progress with the needs of the marginalized is both vital and achievable.
What the Dog Saw and Other Adventures

RM36.00 MYR

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If you're someone who delights in exploring a plethora of questions, from the mundane to the complex, Malcolm Gladwell's "What the Dog Saw" could be perfect for you. It's like a cultural treasure hunt; each essay opens up a new realm of inquiry. Gladwell has this uncanny ability to make you ponder over things you never thought to question, which could change the way you perceive the world.
How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest

RM36.00 MYR

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If you've ever been curious about what those who advise us on finance do with their own money, "How I Invest My Money" is an open window into the personal financial strategies of industry insiders. It's not just about the investments; it's about the personal stories, values, and goals that shape their decisions. This book might resonate with you if you enjoy real-life examples over abstract advice, providing a personal touch to the often impersonal world of finance.
Behind the Scenes of the Property Market - Finding the Truths and Exposing the Lies of a Not-So-Transparent Industry

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If you've ever felt lost navigating the property market, this book could be your compass. It doesn't just guide you; it empowers you by revealing the lesser-known facts and tactics that industry insiders would rather keep to themselves. Whether you're buying your first home or looking to invest, knowing the secrets uncovered in this read can give you that upper hand.
What the Dog Saw: And Other Adventures
Malcolm Gladwell | Hachette Book Group Usa

What the Dog Saw: And Other Adventures

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Goodreads rating: 3.85

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This book, "What the Dog Saw: And Other Adventures" is a captivating collection of extraordinary stories that will keep you engaged from start to finish. Malcolm Gladwell’s writing style and his ability to dive deep into intriguing topics will make you think and give you a glimpse into someone else's head. Whether you are interested in the secrets of successful inventors, the psychology behind decision-making, or the hidden stories behind everyday phenomena, this book will provide you with fascinating insights and leave you wanting more. Get ready to embark on an adventure of knowledge and discovery with this brilliant investigator of the hidden extraordinary.
The Entrepreneur: Twenty-One Golden Rules for the Global Business Manager

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As an aspiring entrepreneur brimming with fresh ideas, "The Entrepreneur" could be your handbook to success. Bill Heinecke's journey from a high school startup to a multimillion-dollar empire is not just inspiring but also packed with actionable tips. Think of it as a conversation with a mentor who's lived the entrepreneurial battlefield and distilled his victories into lessons that you can apply from day one. Whether you're dreaming of launching your next venture or taking your current one to new heights, this guide is like a compass for navigating the complex world of global business.
Financial Freedom: A Proven Path to All the Money You Will Ever Need

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Imagine not being bound by a 9-to-5 routine, with the freedom to pursue what you love. "Financial Freedom" is not just about wealth; it's about rethinking your entire approach to money, time, and life. Grant Sabatier's journey from near-zero to millionaire is compelling, and his methods could help you see beyond traditional retirement, changing your financial trajectory and ultimately, your life's course.
Clever Girl Finance: The Side Hustle Guide: Build a Successful Side Hustle and Increase Your Income

RM51.00 MYR

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If you're eyeing that extra income stream and have the drive to make it real, Bola Sokunbi's "Clever Girl Finance: The Side Hustle Guide" might just become your financial bible. Sokunbi speaks from experience, offering insightful, practical advice that feels like it's tailored just for you. Dive into this book, and you'll come away with not just inspiration but a concrete plan to grow your wallet and your freedom.
Always Have Enough Money
Just Arrived
Tan Ooi Boon | Straits Times Press

Always Have Enough Money

RM40.00 MYR

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Goodreads rating: 4.06

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This feels less like a get-rich promise and more like a grounded conversation about staying financially safe and sensible. It’s a good pick if you want clear thinking around money, retirement, and avoiding common traps rather than flashy investing ideas. Readers who like honest, steady advice will probably appreciate how strongly it reminds you that the smartest investment is improving your own judgment.
Competing for the Future
C.K. Prahalad, Gary Hamel  | Harvard Business Review Press

Competing for the Future

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Goodreads rating: 4.03

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If you're feeling the pressure to balance immediate success with long-term vision, "Competing for the Future" might strike a chord. Gary Hamel provides a tangible, thoughtful approach to staying ahead without losing sight of today's demands. It's a masterclass in strategy, tailored for leaders eager to carve a path to industry leadership.
The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future

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If you're itching to break free from the 9-to-5 and have an inkling that your hobbies could fuel your wallet, *The $100 Startup* might just be your blueprint to freedom. Chris Guillebeau isn't just selling dreams; he's offering a practical roadmap based on real successes. Dive in for a jolt of inspiration and come away with a head full of actionable ideas. It's for anyone looking to inject more passion and autonomy into their work life.
Fewer, Bigger, Bolder: From Mindless Expansion to Focused Growth
Khosla and sawhney | Penguin Books

Fewer, Bigger, Bolder: From Mindless Expansion to Focused Growth

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Goodreads rating: 3.83

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This book is recommended for managers and business owners looking to achieve sustained growth with lower costs. The authors provide a seven-step program to help businesses make fewer but bigger bets, target resources against priorities, simplify operations and unleash the potential of their people. The book challenges conventional wisdom about growth and proves that going Fewer, Bigger, Bolder can transform businesses of any size. The real-life examples of how Sanjay Khosla oversaw revenue growth from $5 billion to $16 billion in six years across sixty countries and how Mohanbir Sawhney advised a portfolio of businesses from Fortune 500 giants to technology start-ups make this a must-read for every business leader.
Innovation: How Innovators Think, Act and Change Our World

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If you're keen to delve into the minds that shape our world through breakthroughs and fresh ideas, "!Nnovation" could be just the inspiration you need. This book doesn't just unpack the concept of innovation; it connects you with the people who live it. Imagine gaining personal insights from the likes of Vint Cerf and Seth Godin, distilled into a comprehensive guide that's bound to light a spark in anyone looking to leave their own mark in any field.
We Want You to Be Rich: Two Men - One Message
Donald J. Trump | Rich Press

We Want You to Be Rich: Two Men - One Message

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Goodreads rating: 3.97

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If you've been dreaming of starting your own venture and hitting it big, this book is like sitting down with two seasoned mentors who've walked the path before you. Donald Trump and Robert Kiyosaki don't just share success stories; they delve into the mindset and strategies that could help you navigate the choppy waters of entrepreneurship. Understanding that financial education is key, this read is your compass to potentially higher grounds in the financial landscape.
Dying for a Paycheck: How Modern Management Harms Employee Health and Company Performance—and What We Can Do About It

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If you've ever felt strained by your job, "Dying for a Paycheck" could shed light on why your workplace might be detrimental to your health and well-being. Jeffrey Pfeffer eloquently argues that numerous corporate practices, assumed to drive success, are instead impairing employee health and ultimately a company's performance. It's a must-read for anyone looking to understand the impacts of modern work culture and to find meaningful solutions that promote a healthier work-life balance.
Accelerate: Building Strategic Agility for a Faster Moving World
John P. Kotter | Harvard Business Review Press

Accelerate: Building Strategic Agility for a Faster Moving World

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Goodreads rating: 3.55

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"Accelerate" would resonate with you if you're navigating the fast-paced currents of modern business. John Kotter offers insights into why traditional hierarchies falter in the face of change and how a dual operating system can fuel strategic agility and rapid innovation. It's a guidebook for pioneers craving to transform their organizations and seize big opportunities. With Kotter's reputation and practical framework, you're looking at a crucial read for staying ahead in today's tumultuous market.
Why We Want You to Be Rich: Two Men, One Message

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63% off est. retail
This book is a powerhouse collaboration between two successful entrepreneurs, Donald Trump and Robert T. Kiyosaki, that offers invaluable advice for anyone starting their own business and seeking success. They emphasize the importance of financial education and show that one doesn't need money to solve financial problems, but rather the right knowledge. With clear and compelling answers to common questions, this book will empower and guide you on your journey to becoming wealthy, teaching you how to invest for maximum gains and choose the right investment opportunities.
The Streetsmart Guide to Short Selling: Techniques the Pros Use to Profit in Any Market

RM65.00 MYR

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58% off est. retail
If you're intrigued by the idea of making profits even when the market is down, "The Streetsmart Guide to Short Selling" could be your playbook. It's a deep dive into professional short-selling strategies that can arm you with the knowledge to approach the markets with a different perspective. This book could open up new avenues in your trading approach and offer insights into how the pros navigate bearish trends.
Six Pixels of Separation: Everyone Is Connected - Connect Your Business to Everyone
Mitch Joel | Business Plus

Six Pixels of Separation: Everyone Is Connected - Connect Your Business to Everyone

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Goodreads rating: 3.83

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If you're keen on making waves in the digital marketing ocean, "Six Pixels Of Separation" is your navigation chart. Mitch Joel dives into how connectivity shapes marketing today, offering insights that could transform your business approach and widen your reach. It's a treasure map for entrepreneurs aiming to harness the power of the Internet's boundless audiences.
Retire Young Retire Rich
Sharon L. Lechter, Robert T. Kiyosaki  | Warner Books

Retire Young Retire Rich

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Goodreads rating: 4.09

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If you've ever dreamed of ditching the nine-to-five grind earlier than the typical retirement age, "Retire Young Retire Rich" could be your guidebook. Kiyosaki expands on the principles that made "Rich Dad Poor Dad" a sensation, offering personal anecdotes and practical advice that could put you on the fast track to financial independence. It's a favorite among aspiring early retirees for its actionable insights.
Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business
Jeff Howe | Crown Business

Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business

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Goodreads rating: 3.84

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If you’re intrigued by the collective power of the internet and its impact on innovation, "Crowdsourcing" could offer compelling insights. Jeff Howe unpacks the concept that's shaping the modern economy, exploring how gathering ideas from a diverse mass can drive progress in business and beyond. You might find it inspiring to see how the crowd is not only wise but can be the driving force behind successful ventures.

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.