The first thing to mention regarding the subject under consideration is that it is a book which was written by Olaf Storbeck and Norbert Haring. The full title of the book is as follows: ‘Economics 2.0: What the Best Minds in Economics Can Teach You About Business and Life’.
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In this book, the authors dwell upon the issue of rationality and irrationality of financial markets, the subprime crisis, globalization and the techniques which marketers usually implement so that to sell those products which consumers do not necessarily need.
What should also be specified regarding the book in question is that it proves why economics is not a dry science. Besides, the influence which economics has on the way in which people make financial decisions as well as their lives in general is immense. What is also vital to highlight regarding the topic in question is that economics as a science does not have any formulas or a lot of theoretical information.
This book also contains current findings in the field of economics so that to keep the readers updated regarding everything that is going on in this area. There are a few chapters that deal with such topic as the economics of happiness. To specify, the remarks regarding this whole phenomenon are rather skeptical.
Taking everything into consideration, the book ‘What is economics 2.0?’ will be useful for everyone who wants to find out more about the subject in general as well as finally comprehend what economics is all about these days. The book itself is very easy to read.The presented piece is an excellent example of how a good essay of PhD level should be written. However, the following text or its separate parts cannot be used in your own writing since it will be considered as plagiarism when you submit it to your educational institution. Therefore it is always highly advised not to use papers offered by various websites that offer free samples and free pre-made essays. Using such content is simply risking your academic career and years of studying in your educational institution. Instead, it is advisable to seek help from our professional writers who complete each paper from scratch. Our own plagiarism detection software helps to ensure that every paper you get is original and plagiarism-free. With our highly experienced and well-educated writers, every order is done following all the customer's requirements and instructions, in accordance with the highest standards of PhD level of academic writing.