Cocktail party economics Essay example

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Cocktail party economics book review

The ECONOMY - in all its complexity and ever-changing ways, is a hot topic in everyday life. It touches everyone in our society in some way, and it goes without saying, that understanding it makes lives much easier. Evelinne J. Adomait and Richard G. Maranta have taken on the challenge of making the broad and confusing topic of economics, easy, and fun to learn. They successfully bring the social setting of a cocktail party and the unnerving topic of economics together, to give us Cocktail Party Economics. A book that, in Adomait’s words : the opportunity cost of your time in regards to reading is less than that of not reading and preventing your learning – meaning the book is worth a read and your time. The writers have added fun tools to keep the reader entertained throughout the book. The one-liners and gossip columns really keep the readers entertained and provide a nice flow to the book. As mentioned above, the gossip columns contained in each chapter provide biographies of key players in the business world. This gives the reader some insight on their contributions. They are a great way of providing a break to the readers from the core concepts being taught. These blog like snippets of biography not only further your knowledge of economics but also as a bonus, provide you with more information to really fit in with the “suits” at those cocktail parties. The only downside about the gossip columns is how dated the personalities included in them are. It would have been more engaging to a younger audience to add a few more recent celebrities in the gossip columns. When the reader is sifting through the book and immersing themselves in the concepts of economics, it can be easy to lose sight of the main idea of the chapter. But since Adomait and Maratan have dedicated a concept to each chapter and added a Cocktail Napkin Note. These help the readers solidify the learnings with the core concepts at the end of each chapter. The great thing about this book, is that it focus more on the key concepts of economics rather then the mathematical aspect, making understanding it available to all. It also helps that the book is written in a…