A friend recently asked me for some advice on how to improve his understanding of economics. I asked my favorite advisor CJ to take a shot at it. Here is what he wrote, for the record:
Each of us has a unique learning style, of course. Here is mine.
Learning economics better requires reading. But here is the rub: one could read disjointed stuff on the web all day long and still not understand what it is all about. In fact, reading too much on the subject which is more in the “news” category is detrimental to understanding. Even reading the Economist will not help one understand economics any more than reading a lot of hospital news will teach one much about medicine. Continue reading “How to study economics”