20 15-04-28 pgl 147258

Zhou Haonan's answer (5 votes):

For the first time, please forgive me for my limited ability.

This question is actually quite difficult to answer for a simple reason: what is "worth it" and what is "beginner"? Each respondent may give different answers because of different majors, research and reading scope. At this point, it cannot be said that any answer to the Lord is wrong. First of all, as a beginner, I think economics, as a highly systematic subject, can not be separated from teaching materials and knowledge structure. Therefore, the subject can and should continue to read the relevant contents of intermediate microeconomics and macroeconomics. Secondly, what is the purpose of reading newspapers? If it is to master the method, then as @ Ji Chunsi said, it is impossible to know how to apply the method without a knowledge base; And if you have a general understanding of all aspects of economics, or try to master some ideas, as @ slowmobile said, it is also good to read some periodicals recommended by him. [I don't completely agree with SlowMover's view on methodology, but I don't need to say too much. As will be mentioned in the next paragraph, the matter itself should not be uncontroversial in academic circles. For beginners, it is also a good choice to avoid this controversy. However, I still believe that the establishment of mathematical model itself is a reflection of ideas, not just a matter of methods. One of the simplest examples is the application of expected utility theory and prospect theory in mathematical models and axiomatic assumptions]

At the same time, one of the characteristics of economics as a knowledge discipline is: how to define the so-called knowledge structure? There are answers on it. God mentioned gary becker. Before I entered the University of Chicago, I deeply admired his academic achievements, even though I couldn't fully understand any of his works at that time. However, as an important representative of the Chicago School, gary becker's theory must be based on some theories that will be challenged by other schools. Simple question: If Mises were asked to draw a structural diagram of economics, how many of his answers would be different from or even contradictory to Becker or Lucas Junior? I think this is a very interesting question, so I will say so much here for the time being. For beginners, I personally think that when reading economics books, we can appropriately mix the views of various schools, but we can also just look at Chicago/Austria. This is not something that particularly affects the harvest.

I still paid great attention to literature reading when I was an undergraduate at the University of Chicago. I think reading newspapers is a very interesting thing. On the one hand, the appropriate documents can let me know how the topic I did in the University of Chicago class was developed and what is its context? Where does its idea come from and what is its application value? On the other hand, as an extended reading, these papers are also a good mental adjustment. The prospect theory I mentioned above is actually my final exam last semester, but we didn't know it in class. In this way, the literature of Tworsky and Kahneman may be the best extended reading for beginners.

First spit out a slot and then introduce the details. I don't think it's a good answer to throw the list of periodicals directly, because the periodicals themselves involve a professional problem and have no "direct" help to the subject (to give two examples: I personally think that there are few articles on AER that can be directly understood by beginners recently, or that beginners feel as if they have read them during class/by themselves); But at the same time, the recent RES introduced the development of the utility maximization model with status constraints. I think this paper is more suitable for beginners. The reason is simple: I see a core concept around price theory: utility maximization. Through this paper, I can see the development of this core concept and some core problems that the so-called "principle" has not considered. Things here are written quickly. If there is something unclear, I'll go back and write it well. However, most of the journals mentioned above can choose some articles to read, so I won't say much here.

In view of the fact that the reading scope of this topic mainly involves the most basic price theory and monetary theory, as well as some measurement (in fact, I am curious why I should read it like this. . ), the following are the most valuable papers in this field and the reading methods I recommend. My standard is simple: the foundation must be read, and the theoretical framework must also be read. I also included some excerpts from books. I don't think it is necessary to recommend the whole book, especially some books on "Popular Economics", except some books on the history of economics, such as Stiglitz's The Roaring Nineties. )

Gary Speck, Economic Methods of Human Behavior, Chapter 1. Rational choice of the simplest but most subtle exposition. It is worth noting that: What is purposeful behavior? This pdf is from Google.

Corresponding to it: gary becker's Rational Behavior and Economic Theory. Jstor can check. Is irrational behavior really irrational enough to be inferred by rational model? Becker's idea is still very interesting.

The application of the first two things (plus at most one to avoid risks): Becker &; Murphy, rational addiction theory. Jstor can check it out.

Someone mentioned Becker's core achievements (including bringing "non-economics" things into economics), but I don't fully agree with them. After reading the above three papers, you will understand why I think so. And there are many people in Becker's enterprise, such as Theodore W. Schultz, another Nobel Prize winner in Chicago. His "Reproductive Economics" (1974) is worth reading, and nber can go and have a look.

Similarly, Friedman has a very good paper on economics, or the core of price theory. 1966 positive economics's methodology. The question is: Do you think Friedman's paper is about ideas or methodology? Many times these two concepts are inseparable)

I think the landlord may come into contact with clearer and deeper concepts in future reading. If you want to know the presentation and development of these concepts (mainly price theory), you can refer to the following paper, which is limited to your ability. If you have any questions about my introduction, please feel free to point out:

Liabson (1997), Golden Egg and Hyperbolic Discount. Talking about the non-time consistent discount problem in intertemporal selection is a good extension of intertemporal problem above the intermediate level.

Rosen (1999) potato paradox. The young economist of Chicago School was able to win the Nobel Prize, but he died young. He tried to tell us that there was something wrong with the existence of Ji Fen Goode. (Good contact with Man Kun ~)

Arrow (1950) is a difficult point in the concept of social welfare. Needless to say, this article ~ Arrow's paper may seem a little hard for beginners, but the mathematical logic inside can lead people into the magical hall of economics.

Samuelson (1977) Historical summary of St. Petersburg paradox written by Samuelson. It tells us well how the historical paradox that led von Neumann to think about the expected utility theorem came into being, how it was solved, and what new development it had.

Kahneman & ampTversky (198 1) Prospect Theory: Decision Analysis under Risk.

Hayek's (1945) application of knowledge in society.

An article in the same strain as Hayek's father —— The Invisible Hand and Welfare Economics by Stiglitz.

Because I don't know much about monetary theory, I dare not recommend relevant papers. But you can still introduce some. This time I took a screenshot of the syllabus in class-mainly from Trevor Galen, and introduced some economic growth models.

Finally, I recommend two more books: Friedman's Capitalism and Freedom and Becker's Economic Theory.

That's about it. Write something between studies, please give me more advice.

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Reply @ slowmobile: I still agree with the supplementary part of my answer. I said at the beginning of my answer that this topic must be equally "correct" because it is too vague, but it has a different interpretation or a different direction. It is precisely because of the characteristics of economics itself that the answers given by the respondents will be limited by the respondents' experience and experience. I was deeply influenced by the Chicago School for some time, and it was also because their approach (from the perspective of methodology) was more acceptable to me. I also felt that this approach built a relatively rigid discipline system for economics.

As for the Chicago School, the differences between heckman and Liszt are really interesting, so I won't mention them here. If Schiller is with Fama and Hansen, he doesn't necessarily mean "polite" in this sentence (I have seen less about it, but I only infer it personally). In fact, the paper recommendation given by my answer rarely involves the entanglement of methodology and ideas. For example, Becker's economic method, I think this is the most basic idea that can be seen by beginners (and the first paper that my teacher showed us when I was in middle school). Incidentally, at that time). Including the irrational model below, even if this is a model problem, "averaging" is still an idea. Just like Rudin's proof, it is not a bad thing to try to see some sparks of thought from methodology.

To say a few more words, when I read the paper now, I will intentionally skip all kinds of mathematical proofs, and in many cases I will even skip all parts of the model. For beginners, this is not without disadvantages, depending on what kind of papers he reads. For example, Willie (1976) posted an article on AER, and the consumer did not apologize. The core concept is to explain with a bunch of mathematics that cs can rigidly reflect CV and EV (statistically). The problem is that this article is all math except the beginning. . . From the perspective of methodology, this kind of paper is definitely not suitable for beginners. However, even though idea understands that beginners can accept it, it only stays at the level of "acceptance", because in fact, beginners don't know what the internal relationship between these concepts is except adjusting curves and upper and lower bounds during calculation. If you really settle down to read a paper, you will certainly get something related to economic thinking from the method. From this point of view, I don't think beginners need to deliberately and selectively discard useless problems such as methods and ideas. When reading paper, they can adopt a comprehensive method to get what they need.

Finally, let's talk about the example of St. Petersburg-if idea is diminishing marginal utility, I think it is better to say that people are risk-averse most of the time ("under certain rules"). This involves how many levels of ideas there are. Generally speaking, it is difficult to say how much paper needs to be torn down because we don't know the needs of the subject. After all, this is not a question of "how to read an economics paper".

Finally, finally. . Because SlowMover is going to be abused by book recursion. . When I get to the level of SlowMover, I will ~ 233333.

Komarikamikita's answer (4 votes):

You don't need paper, but you need textbooks.

Zhihu users answered (5 votes):

update

In fact, when recommending papers to beginners, the first thing that comes to mind is this: The Mystery of Disappearing Benefits: An Introduction to Impact Assessment.

The knowledge/guiding ideology I learned from an article supported me to pass the exam three times with high scores. ...

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I participated in a scientific writing workshop before, and moved the literature sources recommended by my tutor at that time (see the end).

Although these journals look super professional and bluffing, most of them can understand them if they have a certain foundation in mathematics and measurement.

Zhihu had a question before: How to evaluate the academic achievements of gary stanley becker, the Nobel laureate in economics?

Use economics to establish a unified analysis model of human behavior, and make all disciplines use it to provide appropriate parameters and assumptions for the model.

Now many papers take this route (but it is also possible that my major is this. I once took a seminar on development economics. The reading materials included science, education, culture and health, women and children's rights and interests, everything about environmental protection, blablabla ... Later, I took a course on studying terrorism, juvenile delinquency, immigration and social issues. When I found a brand-new perspective or saw the author's clever handling of data, I couldn't help but click 32 praises in my heart.

Of course, if you are interested in theory ... read more classic textbooks.

Good general journals:

take for example

O American economic review

O quarterly journal of economics

O journal of political economy

econometrics

O economic research review

O economic magazine

Excellent specific journals:

take for example

O journal of macroeconomics

O journal of labor economics

O journal of development economics

O journal of international economics

O financial magazine

O journal of public economics

O journal of monetary economics

O ... wait

Journals specializing in investigation:

take for example

O journal of economic literature

O journal of economic outlook

Working paper series

take for example

O NBER working paper (National Bureau of Statistics

Economic research)

CEPR working paper

O IZA discussion paper series

O Working papers of the International Monetary Fund, the European Central Bank and the World Bank

Banks, etc.

O excellent university working documents series

JunAccount's answer (2 votes):

I recommend reading Economic Perspective magazine. In each issue, Daniel in related fields is invited to write several articles, with strategic location and popular language.

Xiaomi's answer (2 votes):

I woke up in the middle of the night and came to Zhihu to see this. Oh, you people, if people want to recommend papers to beginners, you should move out top journals that are all good articles to perfunctory people. What a shame.

Beginners, you can look at the paper, I think it should be satisfactory. First, there is little math. Second, the article is interesting but not difficult to understand. Third, good writing. JPE, Jill and so on, people are not professional, so they may not borrow it in the first phase.

Then I suddenly thought of this article and thought it was well written and quite suitable for beginners:

Ross (2007). Aversion is a constraint on the market. Journal of Economic Viewpoint, 2 1(3), pp. 37-58.

In other words, the fourth season of Game of Thrones has just ended. I especially like the impassioned speech of the little devil in front of the court in this play. I remembered it after reading this article.

Then I downloaded it for free. I only found this version of the working document: w12702.pdf.

Look at the beginning. This is slightly different from the final version I read on JEP, but the content should be the same. If your school library has a subscription, use the cite search given above, otherwise, look at the URL link above.

Just sauce, I hope you like it ~

Zhihu user answers (3 votes):

I recommend reading Deborah's monograph-Value Theory.

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And I don't think it's necessary to read the so-called introductory books on economics listed by many people ... it's better to learn math than to have that kung fu.

City hunter's answer (1 ticket):

Selected readings of basic literature of economics

Update description or cover page

Author: edited by Luo Weidong.

ISBN: 9787308056 137

Most of this book is papers.

I recommend one of them, The Application of Knowledge in Society by Hayek.

Nielher's answer (0 votes):

I wonder if there is any legal interest in this subject.

At the beginning, I was exposed to an economics and law course at the university because I was studying economic law, and I gained a lot.

Recommend the bibliography of Zhang Wuchang. Are some interesting little examples in life to explain the economic theory behind them.

Mephistopheles's answer (0 votes):

Don't think that these two basic books can help you read a lot of paper … and reading paper is a waste of time. Usually, the paper is a long story to prove several conclusions, and the textbook will teach you in the most concise and effective way (if it is not suitable for this stage, the textbook will also tell you).

If you want to enter the economic and financial field, the following textbooks are good.

Recommended teaching materials:

Principles of micro/macro economics

Intermediate micro/macro economics

Principles of corporate finance

Strategies and games

Introduction to accounting

Statistics (not if you know ...)

Zou Zou 1990's answer (0 votes):

The alcohol, tobacco and monk in economics said that reading papers is also a headache. Beginners read the introductory textbook first, and then continue to rise. Master various methodologies and principles of economics and know how to use them. Then read relevant papers in a targeted manner. Reading a paper should be reading and thinking with questions and seeking answers.

SATBBB's answer (0 votes):

The more papers you read, the more solid the foundation is. But learning by doing may be one way.

Gu Zhinai's answer (0 votes):

Learning only Man Kun's books is far from understanding the papers in the five major journals of economics. Here, I also agree with @ Ji Chunsi that it is better to read more textbooks at the initial stage, because textbooks have covered all the classical theories before they are written. If you really want to read a paper, I suggest starting with a literature review. The literature review on JEL mentioned above is very good. I'm here to give you some other ideas and list some areas that are not mentioned above. If you are interested in the field of new institutional economics, you can read some articles in this field. There are many classic papers in this field, which don't need complicated mathematical models, but they are profound in thought and help to cultivate the ability to look at the world with economic thoughts.

The following are some I have read myself.

Social cost of Coase's enterprise theory

These two classic papers can be described as "small names, but huge quotations and far-reaching significance", which laid the foundation of property rights economics.

Next, I'd like to recommend Mancur Olson, an economist whom I especially admire.

The Logic of Collective Action: Public Goods and Group Theory

The Rise and Fall of a Country: Economic Growth, Stagflation and Social Stiffness

Mancur Olson's theory is always unprecedented, which makes people shine at the moment. After reading it, people can have a new understanding of the organizational structure of society.

Many papers in the field of behavioral economics/experimental economics are also easy to understand and may be more interesting to read. This paper focuses on the experimental design, and some statistical methods will be used to test the conclusion later. If you have a statistical foundation, you should have no problem reading it, but I still have doubts about the development prospect of behavioral economics.

Tian Yu Chen Yu's answer (0 votes):

The following is mainly the study of financial research, from my similar answer to another topic:

First of all, I think the subject can try to understand the development history of modern finance first. This process can help the subject to clarify the background and significance of each theory, thus making it easier for the subject to sort out his own financial knowledge system. Here, I have a book recommended by Yu Shao and Diao Yu's Microfinance and Its Mathematical Basis. This book focuses on asset pricing theory. In the preface, this book summarizes the relevant development history of modern finance from Bachelet 1900' s speculative theory to Huang and Duffy's limited securities market. By reading this part, the author should have a good understanding of the system development of modern finance and the questions that each theory pays attention to and answers. Furthermore, the micro-finance part of this book combs and classifies the mainstream financial theories in this history, and the organization is very clear. The asset pricing theory derived from investors' behavior (that is, maximizing investors' utility), the expression of arbitrage-free pricing conditions in financial markets under different model assumptions, the application of B-S method and risk-neutral pricing in derivative product pricing, the term structure theory of interest rates and the financial market theory are summarized in detail. Every aspect is a key issue in the field of asset pricing. The second part of this book, the mathematics part, summarizes the need to use a good mathematical foundation.

Secondly, I think the subject can read his own summary articles in various fields according to different financial branches. Here, I have two recommended reading topics. First, John Y Campbell of Harvard University wrote "The Pricing of Intellectual Assets: Eugene Fama, Lars Peter Hansen and Robert Shiller" this year. This paper mainly summarizes the contemporary asset pricing theory based on SDF after 1970s, which is very detailed and suitable for the general study of contemporary asset pricing theory and empirical research methods in this topic. In addition, Schiller's theory is the first of behavioral finance, and now many popular information economics problems are gradually developed from this branch. The second article is B. Espen Eckbo's Company Acquisition: Development of Modern Knowledge. This paper summarizes the establishment of empirical research on enterprise mergers and acquisitions, which is conducive to understanding M&A theory and empirical methods. The greatest advantage of this article is that each part is based on the process of answering a question, which is conducive to the formation of a problem-oriented knowledge structure in the academic career of the subject, so as to constantly find problems and have the desire to answer them.

For other reference books, I think the subject can read classic textbooks in various fields when time permits. For example, Bodie's Investment introduces the basic knowledge of asset pricing, Stephen A. Ross's Fundamentals of Corporate Finance introduces the relevant knowledge of corporate finance, and Hull's Derivatives such as Options and Futures is very important for the study of derivative pricing knowledge (personally, I think the undergraduate background of this subject is very suitable for this direction, just as the domestic financial derivatives market is still very primary, and the future space is broad, and the mastery of financial engineering technology will definitely get policy dividends). Of course, if the author has read the above comprehensive articles, he can also look at the original papers in the references if he is interested. You can mainly read markowitz, Sharp, Fama, Merton and Black &; Articles by Scholes, Ross, Breeden, Duffy & Huang, Fama & French, Shearer and others. Because there are too many important theories, I won't go into them here.

By the way, I don't agree with @ Ji Chunsi either. At this stage, you should read more summary books and original papers to get the most direct ideas. Methodology is another story, but academic thoughts are understandable, and general academic thoughts are logically stated in the introduction. As for methodology, we can gradually summarize the unified methods of similar problems in academic circles by reading papers in the same field.

Above. Mainly used to absorb jade.