A new perspective on Economic Thinking: Understanding Economics Beyond the Realm of Economists. A new textbook published by Ivane Javakhishvili Tbilisi State University (TSU) offers a fresh and accessible approach to economic thought, demonstrating how economics is deeply intertwined with everyday life. Titled as The Rules of Economic Thinking, and published in Georgian, the textbook stands out for its clarity and intellectual depth, making it an invaluable resource for both professionals and newcomers to the field.
The textbook is the result of collaborative work led by Prof. Avtandil Salagadze, Head of the Department of Economics and Business at TSU, alongside his colleagues. It is designed to bring the core principles of economics closer to a wider audience, bridging the gap between academic theory and real-world application. One of the central goals of the book is to adapt and present key elements of international economic literature in a form that is accessible to Georgian readers.
According to the authors, this book will serve not only professional economists but also individuals from other disciplines, such as law, and anyone interested in acquiring a foundational understanding of economics. It is particularly noteworthy for its use of clear, accessible language, which facilitates comprehension and encourages critical engagement with the material.
A distinguishing feature of the publication is its effort to demystify economic terminology and provide a structured framework for analysis. By translating complex concepts into everyday language, the book enables readers regardless of their academic background, to engage meaningfully with economic ideas.
Special emphasis is placed on reinterpreting the concept of political economy, which the book defines with clarity and precision. According to Prof. Salagadze, the term has long suffered from widespread misinterpretation, and this textbook aims to correct that by offering a historically grounded and analytically robust explanation.
This accessible approach not only supports the acquisition of economic knowledge but also enhances the transparency and relevance of economic analysis for the broader public. Whether a reader is a specialist or simply someone with a practical interest in economic issues, the textbook provides the tools to better understand the economic forces that shape everyday life.
Ultimately, The Rules of Economic Thinking represents a significant step toward aligning Georgia’s academic resources with international standards — and, more importantly, toward making economics intelligible and relatable for the next generation.
0
