Economics Books

Book SynopsisEach year, people around the world spend well over one trillion dollars on travel and tourism, making this sector the world''s largest, with employment of 300 million people, one-tenth of the global workforce. In this book Harold L. Vogel examines the business economics and investment aspects of major industry components that include airlines, hotels, casinos, amusement and theme parks, and tourism. The result is a concise, up-to-date reference guide for financial analysts, economists, industry executives, legislators, regulators and journalists interested in the economics, financing and marketing of travel-related goods and services. The new edition expands coverage to airport management, Asian gaming, recreational resorts, restaurants, private jet services and advertising. Sections on the pricing and availability of oil and public policy issues such as antitrust and predation have also been added. A glossary, timeline diagrams and technical appendices enhance the book''s appeal as a reference tool.Trade Review'This new and refreshed edition provides timely and helpful updates on travel industry analysis and statistics while broadening the coverage to include new sections on airport management, restaurants, private jet services, golf, ski resorts, and advertising. Dr Vogel writes with clarity, wit, and insight and is to be congratulated for producing a book that serves the needs of a wide-ranging audience.' Joe Nellis, Cranfield University'Travel Industry Economics provides a clear, concise, and indispensable analysis of the financial and economic aspects of the travel industry. Travel and tourism are a substantial part of our economy and jurisdictions around the world fiercely compete for that expenditure. Perhaps nowhere is this competition more evident than in casino gambling. Since publication of the first edition, Macau surpassed Las Vegas as the world's largest casino gambling market measured by total revenue. In addition, Pennsylvania surpassed Atlantic City, New Jersey, as the second largest gambling market in the United States. Around the world, travel, tourism, and casino gambling are being used as tools of economic development. Anyone interested in understanding the economics, financing, marketing, and accounting issues of the travel industry and the various segments that comprise it should have this book on their shelf.' Mark W. Nichols, University of Nevada, RenoPraise for the first edition: 'The author is a well-known financial analyst and has obvious experience in the economics of the entertainment industry. Part two of the book, entitled 'Getting There', is a well-written primer on the subject of transport industry and its various segments and contains one of the best-written short treatises on the commercial aviation industry that I have ever read. It dives into technology, regulation, operations, and operations systems including global distribution networks that are the successors to the simple reservations systems of old. The discussion of the economic characteristics of the industry is worth the whole price of the book.' Malcolm A. Noden, Cornell UniversityTable of ContentsPart I. Introduction: 1. Economic perspectives; Part II. Getting There: 2. Wings; 3. Water and wheels; Part III. Being There: 4. Hotels; Part IV. Doing Things There: 5. Casinos; 6. Amusement/theme parks and resorts; 7. Tourism; Part V. Roundup: 8. Performance and policy; Appendix A; Appendix B; Appendix C; Glossary; References; Notes.

Read more less

Book SynopsisThe first volume of The Cambridge Economic History of the Modern World traces the emergence of modern economic growth in eighteenth century Britain and its spread across the globe. Focusing on the period from 1700 to 1870, a team of leading experts in economic history offer a series of regional studies from around the world, as well as thematic analyses of key factors governing the differential outcomes in different parts of the global economy. Topics covered include population and human development, capital and technology, geography and institutions, living standards and inequality, international flows of trade and labour, the international monetary system, and war and empire.Table of ContentsIntroduction to Volume I Stephen Broadberry and Kyoji Fukao; Part I. Regional Developments: 1. Britain, the industrial revolution and modern economic growth Stephen Broadberry; 2. Continental Europe Giovanni Federico and Andrei Markevich; 3. Tokugawa Japan and the foundations of modern economic growth in Asia Masaki Nakabayashi; 4. China: the start of the great divergence Christopher Isett; 5. From the Mughals to the Raj: India 1700–1858 Anand V. Swamy; 6. Sustainable development in South East Asia Jean-Pascal Bassino; 7. The Ottoman Empire, 1700–1870 Şevket Pamuk; 8. The economic history of North America, 1700–1870 Joshua L. Rosenbloom; 9. Latin America: 1700–1870 Regina Grafe; 10. Africa: slavery and the world economy, 1700–1870 Patrick Manning; 11. Australia: geography and institutions David Meredith; Part II. Factors Governing Differential Outcomes in the Global Economy: 12. Population and human development since 1700 Osamu Saito and Romola Davenport; 13. Proximate sources of growth: capital and technology, 1700–1870 Alessandro Nuvolari and Masayuki Tanimoto; 14. Underlying sources of growth: first and second nature geography Paul Caruana-Galizia, Tomoko Hashino and Max-Stephan Schulze; 15. Institutions John Joseph Wallis; 16. Consequences of growth: living standards, inequality and consumption Jan Luiten van Zanden, Bas van Leeuwen and Yi Xu; 17. International transactions: real trade and factor flows Wolfgang Keller, Markus Lampe and Carol H. Shiue; 18. Monetary systems and the global balance of payments adjustment in the pre-gold standard period, 1700–1870 Rui Esteves and Pilar Nogues-Marco; 19. War and empire, 1700–1870 Philip T. Hoffman and Tirthankar Roy.

Read more less

Book SynopsisThe second volume of The Cambridge Economic History of the Modern World explores the development of modern economic growth from 1870 to the present. Leading experts in economic history offer a series of regional studies from around the world, as well as thematic analyses of key factors governing the differential outcomes in different parts of the global economy. Topics covered include human capital, capital and technology, geography and institutions, living standards and inequality, trade and immigration, international finance, and warfare and empire.Table of ContentsIntroduction to Volume II Stephen Broadberry and Kyoji Fukao; Part I. Regional Developments: 1. North America: the rise of US technological and economic leadership Paul W. Rhode; 2. Western Europe: convergence and divergence Paul Sharp; 3. The socialist experiment and beyond: the economic development of Eastern Europe from 1870 to the present Tracy Dennison and Alexander Klein; 4. Japan: modern economic growth in Asia Kyoji Fukao and Tokihiko Settsu; 5. Economic change in China: the role of institutions and ideology Debin Ma; 6. From free trade to regulation: the political economy of India's development since 1858 Bishnupriya Gupta; 7. Growth and globalisation phases in South East Asian development since the late nineteenth century Gregg Huff; 8. The Middle East: decline and resurgence in West Asia Mohamed Saleh; 9. Latin America: stalled catching-up Pablo Astorga and Alfonso Herranz-Loncán; 10. African economic development: growth, reversals, and deep transitions Ewout Frankema; 11. Australia: prosperity, relative decline and reorientation Gary B. Magee; Part II. Factors Governing Differential Outcomes in the Global Economy: 12. Healthy, literate, and smart: the global increase in human capital since 1870 Latika Chaudhary and Peter Lindert; 13. Proximate sources of growth: capital and technology since 1870 Rajabrata Banerjee, Robert Inklaar and Herman de Jong; 14. Underlying sources of growth: first and second nature geography Paul Caruana-Galizia, Toshihiro Okubo and Nikolaus Wolf; 15. Underlying sources of growth: institutions and the state James Foreman-Peck and Leslie Hannah; 16. Living standards, inequality and human development Leandro Prados de la Escosura and Myung Soo Cha; 17. Trade and immigration David S. Jacks and John P. Tang; 18. International finance, 1870–2010 Barry Eichengreen and Rui Esteves; 19. Warfare and empire Jari Eloranta and Leigh Gardner.

Read more less

Book SynopsisFraming effects are everywhere. An estate tax looks very different to a death tax. Gun safety seems to be one thing and gun control another. Yet, the consensus from decision theorists, finance professionals, psychologists, and economists is that frame-dependence is completely irrational. This book challenges that view. Some of the toughest decisions we face are just clashes between different frames. It is perfectly rational to value the same thing differently in two different frames, even when the decision-maker knows that these are really two sides of the same coin. Frame It Again sheds new light on the structure of moral predicaments, the nature of self-control, and the rationality of co-operation. Framing is a powerful tool for redirecting public discussions about some of the most polarizing contemporary issues, such as gun control, abortion, and climate change. Learn effective problem-solving and decision-making to get the better of difficult dilemmas.Trade Review'This is an engaging and authoritative tour through the world of frames. Whether you are interested in psychology, economics, or sociology, framing effects are indeed central to the power of human reason, rather than its undoing.' Nick Chater, Professor of Behavioural Science, Warwick Business School, and author of The Mind Is Flat'… fascinating and well-written book Bermúdez does a great job in showing us the complexities of human decision-making, and the intriguing role frames play in the process.' Annemarie Kalis, Metascience'Bermudez's book is a welcome contribution to the important, broader task of problematizing and challenging the powerful narrative that he labels the litany of irrationality.' Fay Niker, Economics and Philosophy'… Bermúdez has written a remarkable book. We highly recommend it to everyone seeking a fresh perspective on framing and rational decision-making.' Erasmus Journal for Philosophy and Economics'…Frame It Again is an excellent book. The argumentation is clear and to the point, confronting the reader with a compelling defense of framing effects. The examples of rational frames brought forward by the author are convincing and pervasive, ranging from games to political decisions, from mythological and literary characters to our day-to-day life.' Chiara Caporuscio, Philosophical PsychologyTable of Contents1. Priming the pump: Framing and the litany of human irrationality; 2. Framing: The classic experiments; 3. Where the rubber hits the road: Frames, investors, and markets; 4. Juliet's principle; 5. Rational frames; 6. Agamemnon and climate change; 7. Framing temptation and reward: The challenges of self-control; 8. Chickens and chariot races: Framing in game theory; 9. Fair's fair: Framing for cooperation and fairness; 10. Getting past No: Discursive deadlock and the power of frames; 11. Opening the door to non-Archimedean reasoning; Appendix. Frames in the brain

Read more less

Book SynopsisPolicy- and decision-makers in government and industry rely routinely on expert advice to fill critical scientific knowledge gaps. Yet even the best experts can be over-confident and error-prone. This book describes how to identify potentially risky advice, and how to ensure expert advice is relatively reliable and accurate.Trade Review'Trusting Judgements: How to Get the Best out of Experts … is very clearly and logically structured … this book is written in easy and enjoyable language and very much oriented toward practical needs.' Pierre L. Ibisch, Conservation BiologyTable of ContentsPreface; Acknowledgements; 1. What's wrong with consulting experts?; 2. Kinds of uncertainty; 3. What leads experts astray?; 4. Dealing with individual experts; 5. The wisdom of crowds revisited; 6. Tips to get the best out of experts; Appendix. Sources; References; Index.

Read more less

Book SynopsisThe United States introduced the earned income tax credit (EITC) in 1975, where it remains the most significant earnings-based refundable credit in the Internal Revenue Code. While the United States was the first country to use its domestic revenue system to deliver and administer social welfare benefits to lower-income individuals or families, a number of other countries, including New Zealand and Canada, have experimented with or incorporated similar credits into their tax systems. In this work, Michelle Lyon Drumbl, drawing on her extensive advocacy experience representing low-income taxpayers in EITC audits, analyzes the effectiveness of the EITC in the United States and offers suggestions for how it can be improved. This timely book should be read by anyone interested in how the EITC can be reimagined to better serve the working poor and, more generally, whether the tax system can promote social justice.Trade Review'From the unique lens of a tax justice warrior working on the frontlines fighting poverty, Michelle Lyon Drumbl details the troubled history of US refundable tax credits and compares similar international programs to reimagine relief for America's vulnerable working families. A must read for anyone engaged in critical rethinking of economic justice policies.' Francine J. Lipman, University of Nevada, Las Vegas'Michelle Lyon Drumbl draws on a wide range of resources – including the history of the EITC, studies about its impact, the experience of other countries with similar programs, and her years representing taxpayers in EITC disputes with the IRS – in making a number of thoughtful proposals for improving the design and administration of the EITC. This book is a must-read for anyone interested in the future of federal antipoverty policy in the United States.' Lawrence Zelenak, Duke University, North Carolina, and author of Learning to Love Form 1040: Two Cheers for the Return-Based Mass Income Tax'If one were to read only a single work on tax credits for the working poor, this should be that work. This monograph has the necessary scope, detail, and imaginative law reform solutions to make a significant contribution to the literature.' Naseem Khan, The Modern Law Review'The comprehensiveness of Drumbl's treatment alone makes this book a valuable addition to the tax policy literature. She offers plenty of statistics; a thorough survey of pros, cons, and policy alternatives; and a wonderful synthesis of existing scholarship. But the book's true strength is the human story that it tells. Too often, discussions of the EITC and CTC focus wonkishly on economic efficiency, comparisons of bureaucratic expertise, and statistics alone. Drumbl's account does not neglect that side of the equation. But she also draws upon her experience running a low-income taxpayer clinic to tell the stories of EITC and CTC beneficiaries, who often suffer the downside consequences of relying on tax officials to administer social welfare programs on the cheap … everyone who is interested in tax policy and antipoverty programs should read this carefully-researched and thoughtfully-developed book.' Kristin Hickman, Jotwell'Drumbl makes an important contribution to the EITC literature. She clearly summarizes much of the literature from diverse disciplines on the function and effectiveness of the EITC. She uses that literature to probe the problems of the EITC and to make measured and sensible proposals for reform. In doing so, she also makes important original contributions to the comparative study of government assistance programs, drawing on the experiences of two of our closest allies, Canada and New Zealand, to support her reform proposals. As such, her work should be read by policymakers and scholars from a political and ideological viewpoints for its important discussions on the problems with the EITC and sensible proposals to address those problems. If politicians institute one or more of its suggested reforms, some financial relief will come to those taxpayers who need it most.' Jonathan D. Grossberg, Journal of the American Taxation AssociationTable of ContentsPreface and acknowledgments; List of abbreviations; Introduction: rethinking the earned income tax credit; 1. A history of the EITC: how it began and what it has become; 2. Why the United States uses lump-sum delivery; 3. How inexpensive administration creates expensive challenges; 4. Importing ideas: case studies in design and administrability; 5. Reimagining the credit: why and how to restructure the EITC; 6. Making a case for year-round EITC delivery; 7. Protecting the anti-poverty element; 8. Beyond EITC delivery and administration: how the United States addresses poverty; Index.

Read more less

Book SynopsisProvides a comprehensive, concise treatment of the subject of derivatives and focuses on making essential concepts accessible to a wider audience. Describes and explains various derivative instruments, their use and pricing, and the functioning of derivative markets. Uses examples to elucidate concepts and illustrate their real-life application.Table of ContentsList of tables, Figures and boxes; Foreword; Preface to the first edition; Preface to the second edition; Acknowledgements; Part I. Introduction: 1. Introduction; 2. Some basic concepts; Part II. Forwards and Futures: 3. Futures and forwards; 4. Futures trading: pricing and hedging; 5. Interest rate futures; 6. Currency futures; 7. Futures on equities; Part III. Swaps: 8. Swaps – Part I: interest rate and currency swaps; 9. Swaps – Part II: other swaps; Part IV. Options: 10. Options – I: introduction to options; 11. Options – II: pricing of options; 12. Options – III: equity options strategies; 13. Advanced options strategies; 14. Options – IV: real and other options; Part V. Other Derivatives and Derivative-like Instruments: 15. Other derivatives; 16. Exchange traded funds and structured products; Part VI. Accounting, Taxation and Regulatory Framework: 17. Accounting and taxation; 18. Infrastructure for derivatives trading; 19. Regulation of derivatives trading an introduction; Part VII. Portfolio Management and Management of Derivative Risks: 20. Portfolio management and derivatives; 21. Management of derivative risks; Bibliography; About the authors.

Read more less

Book SynopsisThe United States introduced the earned income tax credit (EITC) in 1975, where it remains the most significant earnings-based refundable credit in the Internal Revenue Code. While the United States was the first country to use its domestic revenue system to deliver and administer social welfare benefits to lower-income individuals or families, a number of other countries, including New Zealand and Canada, have experimented with or incorporated similar credits into their tax systems. In this work, Michelle Lyon Drumbl, drawing on her extensive advocacy experience representing low-income taxpayers in EITC audits, analyzes the effectiveness of the EITC in the United States and offers suggestions for how it can be improved. This timely book should be read by anyone interested in how the EITC can be reimagined to better serve the working poor and, more generally, whether the tax system can promote social justice.Trade Review'From the unique lens of a tax justice warrior working on the frontlines fighting poverty, Michelle Lyon Drumbl details the troubled history of US refundable tax credits and compares similar international programs to reimagine relief for America's vulnerable working families. A must read for anyone engaged in critical rethinking of economic justice policies.' Francine J. Lipman, University of Nevada, Las Vegas'Michelle Lyon Drumbl draws on a wide range of resources – including the history of the EITC, studies about its impact, the experience of other countries with similar programs, and her years representing taxpayers in EITC disputes with the IRS – in making a number of thoughtful proposals for improving the design and administration of the EITC. This book is a must-read for anyone interested in the future of federal antipoverty policy in the United States.' Lawrence Zelenak, Duke University, North Carolina, and author of Learning to Love Form 1040: Two Cheers for the Return-Based Mass Income Tax'If one were to read only a single work on tax credits for the working poor, this should be that work. This monograph has the necessary scope, detail, and imaginative law reform solutions to make a significant contribution to the literature.' Naseem Khan, The Modern Law Review'The comprehensiveness of Drumbl's treatment alone makes this book a valuable addition to the tax policy literature. She offers plenty of statistics; a thorough survey of pros, cons, and policy alternatives; and a wonderful synthesis of existing scholarship. But the book's true strength is the human story that it tells. Too often, discussions of the EITC and CTC focus wonkishly on economic efficiency, comparisons of bureaucratic expertise, and statistics alone. Drumbl's account does not neglect that side of the equation. But she also draws upon her experience running a low-income taxpayer clinic to tell the stories of EITC and CTC beneficiaries, who often suffer the downside consequences of relying on tax officials to administer social welfare programs on the cheap … everyone who is interested in tax policy and antipoverty programs should read this carefully-researched and thoughtfully-developed book.' Kristin Hickman, Jotwell'Drumbl makes an important contribution to the EITC literature. She clearly summarizes much of the literature from diverse disciplines on the function and effectiveness of the EITC. She uses that literature to probe the problems of the EITC and to make measured and sensible proposals for reform. In doing so, she also makes important original contributions to the comparative study of government assistance programs, drawing on the experiences of two of our closest allies, Canada and New Zealand, to support her reform proposals. As such, her work should be read by policymakers and scholars from a political and ideological viewpoints for its important discussions on the problems with the EITC and sensible proposals to address those problems. If politicians institute one or more of its suggested reforms, some financial relief will come to those taxpayers who need it most.' Jonathan D. Grossberg, Journal of the American Taxation AssociationTable of ContentsPreface and acknowledgments; List of abbreviations; Introduction: rethinking the earned income tax credit; 1. A history of the EITC: how it began and what it has become; 2. Why the United States uses lump-sum delivery; 3. How inexpensive administration creates expensive challenges; 4. Importing ideas: case studies in design and administrability; 5. Reimagining the credit: why and how to restructure the EITC; 6. Making a case for year-round EITC delivery; 7. Protecting the anti-poverty element; 8. Beyond EITC delivery and administration: how the United States addresses poverty; Index.

Read more less

Book SynopsisThis book provides a comprehensive but concise treatment of the subject of derivatives. It focuses on making essential concepts accessible to a wider audience. The book eschews complicated mathematics and high school level mathematics is sufficient to understand it. It describes and explains various derivative instruments, their use and pricing, and the functioning of derivative markets. It uses a large number of examples to elucidate concepts and illustrate their real-life application. A distinguishing feature of the book is that it goes beyond the narrow perspective of derivative traders and investors and takes a broader approach which enhances its appeal to a range of readers. This book will be useful for students in the fields of economics, econometrics, derivatives, and finance and financial professionals, bankers and investors.Table of ContentsList of tables, Figures and boxes; Foreword; Preface to the first edition; Preface to the second edition; Acknowledgements; Part I. Introduction: 1. Introduction; 2. Some basic concepts; Part II. Forwards and Futures: 3. Futures and forwards; 4. Futures trading: pricing and hedging; 5. Interest rate futures; 6. Currency futures; 7. Futures on equities; Part III. Swaps: 8. Swaps – Part I: interest rate and currency swaps; 9. Swaps – Part II: other swaps; Part IV. Options: 10. Options – I: introduction to options; 11. Options – II: pricing of options; 12. Options – III: equity options strategies; 13. Advanced options strategies; 14. Options – IV: real and other options; Part V. Other Derivatives and Derivative-like Instruments: 15. Other derivatives; 16. Exchange traded funds and structured products; Part VI. Accounting, Taxation and Regulatory Framework: 17. Accounting and taxation; 18. Infrastructure for derivatives trading; 19. Regulation of derivatives trading an introduction; Part VII. Portfolio Management and Management of Derivative Risks: 20. Portfolio management and derivatives; 21. Management of derivative risks; Bibliography; About the authors.

Read more less

Book SynopsisThis book empirically explores whether and under what conditions the judicial process is efficient. Three specific issues are addressed: first, disputants self-select into litigation. Do they tend to bring cases with merit? Second, filed cases differ in their social import. Do courts select more important cases to devote more resource to? Third, courts establish precedents, affect resource allocation in the cases at hand, and influence future behaviours of transacting parties. Do courts, like Judge Posner asserts, tend to make decisions that enhance allocative efficiency and reduce transaction costs? Positive answers to the above questions attest to the efficiency of the judicial process. What drive efficient or inefficient outcomes are the selections and decisions by litigants, litigators, and judges. Their earlier selections and decisions affect later ones. Eleven chapters in this book, authored by leading empirical legal scholars in the world, deal with these issues in the US, Europe, and Asia.Table of ContentsIntroduction Yun-chien Chang; 1. Do patent law suits target invalid patents? Michael Frakes and Melissa Wassermann; 2. Platform procedure: using technology to facilitate (efficient) civil settlement J. J. Prescott and Alexander Sanchez; 3. Speedy adjudication in hard cases and low settlement rates in easy cases: an empirical analysis of Taiwan courts with comparison to US federal courts Yun-chien Chang and William Hubbard; 4. How lower courts respond to a change in a legal rule Anthony Niblett; 5. Career judge system and court decision biases: preliminary evidence from Japan Hatsuru Morita and Manabu Matsunaka; 6. Judges avoid ex post but not ex ante inefficiency: theory and empirical evidence from Taiwan Yun-chien Chang; 7. When winning is not enough: prevailing-party civil appeals in state courts Michael Heise; 8. The evolution of case influence in modern consumer standard form contracts Florencia Marotta-Wurgler; 9. Judging insurance antidiscrimination law Ronen Avraham, Alma Cohen and Ity Shurtz, 10. Are judges harsher with repeat offenders? Evidence from the European Court of Human Rights Eric Langlais, Alessandro Melcarne and Giovanni Ramello; 11. Does efficiency trump legality? The case of the German Constitutional Court Christoph Engel.

Read more less

Book SynopsisThis clearly written and engaging book brings together anthropology, psychology and economics to show how these three human science disciplines address fundamental questions related to the psychology of economic life in human societies - questions that matter for people from every society and every background. Based around vivid examples drawn from field research in China and Taiwan, the author encourages anthropologists to take the psychological dimensions of economic life more seriously, but also invites psychologists and economists to pay much more attention than they currently do to cultural and historical variables. In the end, this intrinsically radical book challenges us to step away from disciplinary assumptions and to reflect more deeply on what really matters to us in our collective social and economic life.Trade Review'Exploring new horizons in the moral psychology of economic life, Charles Stafford's novel book is bound to inspire social scientists as well as the concerned public in multiple ways.' Yunxiang Yan, University of California'The ambitious aim of this short book is to construct a robust framework for analyzing economic practices. Toward that end, Stafford brings together insights developed in the fields of anthropology, economics, and psychology. With examples drawn from long-term fieldwork in rural Taiwan and China, he uses clear, jargon-free prose to sketch a view of 'the economy not only as a domain of logical deliberation but also as one of emotions - and certainly as one of ethics' (p. xii).' Ethnos (Journal of Anthropology)'This intriguing book focuses on the 'moral aspects of economic Agency' (ix) and seeks to 'bring anthropology, psychology and economics into some kind of conversation' (115) … Writing mostly to colleagues in the guild, Charles Stafford draws from diverse sources of inspiration and grounds his argument in a series of case studies from different parts of rural China and Taiwan, his long-standing field sites … Overall the book is a delight. Readers with even slightly open minds may be convinced, and the seriousness with which Stafford considers the arguments of his opponents, allies, and interlocutors is a model for us all.' American EthnologistTable of ContentsPreface; 1. Introduction; 2. Decisions; 3. Substantivist economic psychology; 4. Plans; 5. Self-education as the end of economic life; 6. The politics of cognition; 7. Number and structure; Acknowledgements.

Read more less

Book SynopsisIn Profit From Science , author George Danner presents solutions to the big problems that modern business face solutions that are grounded in logic and empiricism. This book instructs business leaders in how to add the discipline and technical precision of the scientific method to their strategic planning and decision making.Trade Review'This book presents a step change in the art and science of solving complex business challenges, however the implications of George's work on corporate strategy and decision making are nothing short of transformational. Everyone shaping a company should have these tools.' Wayne Wisniewski, President and COO, Eagle Hydrocarbons "George Danner's book goes to the heart of better decision making and shows us how to achieve it. Borrow the best from scientific processes- develop hypotheses, analyse data, use best modelling techniques, test the evidence under various scenarios, be objective and transparent , be prepared to experiment and problem solving improves. It sounds simple and yet so many businesses lack the internal processes and disciplines to achieve this. " Professor Vicky Pryce, Former Joint Head of the UK Government's Economic ServiceTable of Contents1. Why Are We Here? 2. Starting With A Process In Mind 3. Methods And Madness 4. Tools Of The Trade 5. The Art Of Science: Visualization 6. Data (Big And Small) 7. Using Your New Superpower 8. Setting The Stage: The Making Of A Great Analytics Team 9. Implications For The Future 10. In Conclusion

Read more less

Book SynopsisBody and Soul presents a unique and emotionally intelligent approach to building a sustainable boudoir photography business. The higher-level strategies within these pages will enable photographers to move beyond the task of simply making pretty pictures to greater goals, such as understanding the emotional journey of the boudoir process, building meaningful, long-term relationships with clients, and creating a referral engine to sustain your business. Susan Eckert combines her professional experience as an internationally published photographer with her advanced degree in Psychology to deconstruct the boudoir experience. Each chapter is complemented by interviews with her clients, and illustrates how photographers can partner with their clients throughout the boudoir process in the development of meaningful work. Highlights of this book include: Self-assessment questionnaires to help you develop your brand and identify your market BesTable of ContentsIntroduction Part I: Working from the Inside Out: Your Transformation into a Professional Boudoir Photographer Chapter One: Looking Within: The Importance of Self-Assessment Chapter Two: Values, Ideas, Morals Chapter Three: Taking Inventory Chapter Four: Looking Outward Chapter Five: Putting It All Together Part II: Engaging Your Client Body & Soul Throughout the Boudoir Process Chapter Six: Grabbing the Reins from First Contact Chapter Seven: Now That You’ve Earned Her Business Chapter Eight: The Sensitive Stuff Chapter Nine: The Shoot: The Beginning of Her Transformation Chapter Ten: The Shoot: Preparing to Address Your Client’s Emotional Needs During the Shoot Chapter Eleven: Evolution of a Shoot Chapter Twelve: The Shoot: The Final Phase Chapter Thirteen: The Wrap: Celebrate Her Accomplishment Chapter Fourteen: Marrying the Emotional with the Technical Part III: After the Shoot: Opening the Door to a Long-Term Relationship Chapter Fifteen: Preparing for the Review and Selection Session Chapter Sixteen: Showtime! Chapter Seventeen: Keep Her in the Loop Chapter Eighteen: The Importance of Maintaining the Connection Even After All is Said and Done Chapter Nineteen: Concluding Thoughts Part IV: Resources for the Boudoir Photographer Chapter Twenty: Interview with a Clinical Psychologist and Specialist on Body Image Chapter Twenty-One: Additional Client Interviews Appendices

Read more less

Book SynopsisDo you want to lead like a business professionalâor a Neanderthal? This book breaks our millennia-old leadership mold to provide the skills for real, lasting success in todayâs business worldFor too long, humans have been following others based largely on that personâs sense of physical strength, appearance and dominance. Itâs a model that dates back to the Neanderthals and which, incredibly, we continue to applyâconsciously or not.The Power of Evolved Leadership establishes a new standard for leadership. It shifts you away from a leadership profile of power, command, and control to move your toward the nuance of motivation, inspiration, and, most critically, the shedding of âego.â The author bases his perspective and methods on close studies and personal interviews of many of todayâs most successful leaders.

Read more less

Book SynopsisThis text describes the four major methods of nutritional assessment (dietary, anthropometric, biometric, and clinical) in an understandable and contemporary way. It thoroughly covers assessment of the hospitalized individual, but also serves as an invaluable resource to the nutrition professional working in such areas as public health and community nutrition, corporate health, and sports medicine.Table of Contents1 Introduction to Nutritional Assessment2 Standards for Nutrient Intake3 Measuring Diet4 National Dietary and Nutrition Surveys5 Computerized Dietary Analysis Systems6 Anthropometry7 Assessment of the Hospitalized Patient8 Nutritional Assessment in Disease Prevention9 Biochemical Assessment of Nutritional Status10 Clinical Assessment of Nutritional Status11 Counseling Theory and TechniqueAppendix A – Nutrition Assessment and Monitoring and Evaluation TerminologyAppendix B – Nutrition Diagnostic TerminologyAppendix C – Nutrition Intervention TerminologyAppendix D – Food Record Recording FormAppendix E – Fruit and Vegetable Screener Developed by the U.S. National Cancer InstituteAppendix F – MEDFICTS Dietary Assessment QuestionnaireAppendix G - The National Institute of Health’s The Diet History Questionnaire IIAppendix H - The NHANES Food Frequency QuestionnaireAppendix I – 2011 Behavioral Risk Factor Surveillance System QuestionnaireAppendix J - Suppliers of Nutritional Assessment EquipmentAppendix K - CDC Clinical Growth Charts

Read more less

Book SynopsisThe 8th edition Guide to Everyday Economic Statistics is a handy resource for understanding common everyday economic statistics and their historical context. The authors examine how different series are constructed, how they can be interpreted, and how we may use them effectively. Students of all levels will find this guide easy to read and helpful in understanding how individual statistics relate to the economy as a whole.Table of ContentsCHAPTER 1: INTRODUCTIONHow the Statistics in This Book Were Chosen 1A Frame of Reference 2The Many Faces of Economic Statistics 5Abusing Economic Statistics 7Using Economic Statistics 9And Beware of Forecasts! 10A Final Word 12CHAPTER 2: TOTAL OUTPUT and INPUTGross Domestic Product 13Recession vs. Depression 23The NIPAs 27Personal Income 30CHAPTER 3: PRODUCTION and GROWTHPurchasing Managers' Index 35Index of Industrial Production 39Capacity Utilization 43Labor Productivity 46Leading Economic Index 50CHAPTER 4: INVESTMENT and CAPITAL EXPENDITURESGross Private Domestic Investment 57New Building Permits and Housing Starts 62Business Inventories 66Inventory/Sales Ratio 70Durable Goods Orders 72CHAPTER 5: EMPLOYMENT and UNEMPLOYMENTTotal Employment 75New Jobs Created 78Unemployment Rate 81Help-Wanted Advertising 87New Jobless Claims 90CHAPTER 6: SPENDING, PROFITS, and EXPECTATIONSConsumer Spending 93Retail and E-Commerce Sales 96Wholesale Sales 99Consumer Expectations and Confidence 101 Employment Cost Index 104Corporate Profits 106Beige Book 108CHAPTER 7: PRICES, MONEY, and INTEREST RATESConsumer Price Index 113Producer Price Index 120Money Supply 123Fed Funds Rate 126Primary Credit Rate 129Treasury Bill Rate 132Prime Rate 134The LIBOR 137CHAPTER 8: STOCK PRICES and INTERNATIONAL TRADEThe Dow Jones Industrial Average 141The Standard & Poor's 500 146The Russell 3000 Index 149The Wilshire 5000 152The NASDAQ Composite 155The Balance of Trade 158International Value of the Dollar 162Foreign Exchange 166 APPENDIX: CHAIN WEIGHTING 169INDEX: 173

Read more less

Book SynopsisSteve Slavin''s lively and comprehensive Economics 12e has a student-friendly, step-by-step approach. Slavin introduces more math review than other products to help students get past math phobias through consistent practice. The content is set up as an interactive,in-text study guide. Students are encouraged to read actively, solve numerical problems, draw graphs, and do economic analysis as they read the text  Matched with the extensive learning tools available in Connect,including SmartBook, interactive graphs and videos, Slavin provides a complete learning environment for the introductory economics student.Table of ContentsChapter 1: A Brief Economic History of the United StatesChapter 2 Resource UtilizationChapter 3: The Mixed EconomyChapter 4: Supply and Demand Chapter 5: The Household-Consumption SectorChapter 6: The Business–Investment SectorChapter 7: The Government SectorChapter 8: The Export–Import SectorChapter 9: Gross Domestic ProductChapter 10: Economic Fluctuations, Unemployment, andInflationChapter 11: Classical and Keynesian EconomicsChapter 12: Fiscal Policy and the National DebtChapter 13: Money and BankingChapter 14: The Federal Reserve and Monetary PolicyChapter 15: A Century of Economic TheoryChapter 16: Economic Growth and ProductivityChapter 17: Demand, Supply, and EquilibriumChapter 18: The Price Elasticities of Demand and SupplyChapter 19: Theory of Consumer BehaviorChapter 20: CostChapter 21: Profit, Loss, and Perfect CompetitionChapter 22: MonopolyChapter 23: Monopolistic CompetitionChapter 24: OligopolyChapter 25: Corporate Mergers and AntitrustChapter 26: Demand in the Factor MarketChapter 27: Labor UnionsChapter 28: Labor Markets and Wage RatesChapter 29: Rent, Interest, and ProfitChapter 30: Income Distribution and PovertyChapter 31: International TradeChapter 32: International Finance

Read more less

Book SynopsisSteve Slavin''s lively and comprehensive Microeconomics 12e has a student-friendly, step-by-step approach. Slavin introduces more math review than other products to help students get past math phobias through consistent practice. The content is set up as an interactive,in-text study guide. Students are encouraged to read actively, solve numerical problems, draw graphs, and do economic analysis as they read the text. Matched with the extensive learning tools available in Connect,including SmartBook, interactive graphs and videos, Slavin provides a complete learning environment for the introductory economics student.Table of ContentsChapter 1: A Brief Economic History of the United StatesChapter 2: Resource UtilizationChapter 3: The Mixed EconomyChapter 4: Supply and DemandChapter 5: Demand, Supply, and EquilibriumChapter 6: The Price Elasticities of Demand and SupplyChapter 7: Theory of Consumer BehaviorChapter 8: CostChapter 9: Profit, Loss, and Perfect CompetitionChapter 10: MonopolyChapter 11: Monopolistic Competition Chapter 12: OligopolyChapter 13: Corporate Mergers and AntitrustChapter 14: Demand in the Factor MarketChapter 15: Labor UnionsChapter 16: Labor Markets and Wage RatesChapter 17: Rent, Interest, and ProfitChapter 18: Income Distribution and Poverty Chapter 19: International TradeChapter 20: International Finance

Read more less

Book Synopsis

Read more less

Book Synopsis

Read more less

Book SynopsisColander: Microeconomics, 12e is specifically designed to help today's students succeed in the principles of economics course and grasp economics concepts they can apply in their daily lives.  David Colander's trademark colloquial approach focuses on modern economics, institutions, history, and modeling. He presents and applies economic models, but also encourages students to think about model nuances, building their critical thinking skills and applying models to the real world.  Content in this text is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect. Through Connect and SmartBook, students will find engaging activities, helpful tutorial videos, and learning resources at that moment of need. Table of ContentsPART I: INTRODUCTION: THINKING LIKE AN ECONOMISTChapter 1: Economics and Economic ReasoningChapter 2: The Production Possibility Model, Trade, and Globalization Appendix: Graphish: The Language of GraphsChapter 3: Economic Institutions Appendix: The History of Economic SystemsChapter 4: Supply and DemandChapter 5: Using Supply and Demand Appendix: Algebraic Representation of Supply, Demand, and EquilibriumPART II: MICROECONOMICSTHE POWER OF TRADITIONAL ECONOMIC MODELS Chapter 6: Describing Supply and Demand: ElasticitiesChapter 7: Taxation and Government InterventionChapter 8: Market Failure versus Government FailureINTERNATIONAL ECONOMIC POLICY ISSUESChapter 9: Comparative Advantage, Exchange Rates, and GlobalizationChapter 10: International Trade Policy PRODUCTION AND COST ANALYSISChapter 11: Production and Cost Analysis IChapter 12: Production and Cost Analysis II Appendix: Isocost/Isoquant AnalysisMARKET STRUCTUREChapter 13: Perfect CompetitionChapter 14: Monopoly and Monopolistic Competition Appendix: The Algebra of Competitive and Monopolistic FirmsChapter 15: Oligopoly and Antitrust PolicyChapter 15W: Politics and Economics: The Case of Agricultural MarketsChapter 16: Real-World Competition and TechnologyFACTOR MARKETSChapter 17: Work and the Labor Market Appendix: Derived Demand Chapter 17W: Nonwage and Asset Income: Rents, Profits, and Interest Chapter 18: Who Gets What? The Distribution of IncomeCHOICE AND DECISION MAKINGChapter 19: The Logic of Individual Choice: The Foundation of Supply and Demand Appendix: Indifference Curve AnalysisChapter 20: Game Theory, Strategic Decision Making, and Behavioral Economics Appendix: Game Theory and OligopolyMODERN ECONOMIC THINKINGChapter 21: Thinking Like a Modern EconomistChapter 22: Behavioral Economics and Modern Economic PolicyChapter 23: Microeconomic Policy, Economic Reasoning, and Beyond

Read more less

Book SynopsisColander: Macroeconomics, 12e is specifically designed to help today's students succeed in the principles of economics course and grasp economics concepts they can apply in their daily lives.  David Colander's trademark colloquial approach focuses on modern economics, institutions, history, and modeling. He presents and applies economic models, but also encourages students to think about model nuances, building their critical thinking skills and applying models to the real world.  Content in this text is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect. Through Connect and SmartBook, students will find engaging activities, helpful tutorial videos, and learning resources at that moment of need. Table of ContentsPART I: INTRODUCTION: THINKING LIKE AN ECONOMISTChapter 1: Economics and Economic ReasoningChapter 2: The Production Possibility Model, Trade, and Globalization Appendix: Graphish: The Language of GraphsChapter 3: Economic Institutions Appendix: The History of Economic SystemsChapter 4: Supply and DemandChapter 5: Using Supply and Demand Appendix: Algebraic Representation of Supply, Demand, and EquilibriumPART II: MACROECONOMICSMACROECONOMIC BASICSChapter 6: Economic Growth, Business Cycles, and UnemploymentChapter 7: Measuring and Describing the Aggregate EconomyPOLICY MODELSChapter 8: The Keynesian Short-Run Policy Model: Demand-Side PoliciesChapter 8W: The Multiplier ModelChapter 9: The Classical Long-Run Policy Model: Growth and Supply-Side PoliciesFINANCE, MONEY, AND THE ECONOMYChapter 10: The Financial Sector and the Economy Appendix: A Closer Look at Financial Assets and LiabilitiesChapter 11: Conventional Monetary PolicyChapter 12: Financial Crises, Regulation, and the Crypto ChallengeTAXES, BUDGETS, AND FISCAL POLICYChapter 13: Deficits and Debt: The Austerity DebateChapter 14: The Fiscal Policy DilemmaMACROECONOMIC PROBLEMSChapter 15: Jobs and UnemploymentChapter 16: Inflation, Deflation, and Macro PolicyINTERNATIONAL ECONOMIC POLICY ISSUESChapter 17: Comparative Advantage, Exchange Rates, and GlobalizationChapter 18: International Trade Policy INTERNATIONAL MACROECONOMIC POLICY ISSUESChapter 19: International Financial Policy Appendix: History of Exchange Rate SystemsChapter 20: Macro Policy in a Global SettingChapter 21: Structural Stagnation, Globalization and the Post-COVID BluesChapter 22: Macro Policy in Developing Countries

Read more less

Book SynopsisSamuelson's text was first published in 1948, and it immediately became the authority for the principles of economics courses. The book continues to be the standard-bearer for principles courses, and this revision continues to be a clear, accurate, and interesting introduction to modern economics principles. Bill Nordhaus is now the primary author of this text, and he has revised the book to be as current and relevant as ever.Table of ContentsPART ONE BASIC CONCEPTSChapter 1The Central Concepts of Economics Chapter 2The Modern Mixed Economy Chapter 3Basic Elements of Supply and Demand PART TWOMICROECONOMICS: SUPPLY, DEMAND, AND PRODUCT MARKETSChapter 4Supply and Demand: Elasticity and ApplicationsChapter 5Demand and Consumer Behavior Chapter 6Production and Business Organization Chapter 7Analysis of Costs Chapter 8Analysis of Perfectly Competitive Markets Chapter 9Imperfect Competition and Monopoly Chapter 10Competition Among the FewChapter 11Economics of UncertaintyPART THREE. FACTOR MARKETS: LABOR, LAND, AND CAPITALChapter 12How Markets Determine IncomesChapter 13The Labor Market Chapter 14Land, Natural Resources, and the EnvironmentChapter 15Capital, Interest, and ProfitsPART FOUR.APPLICATIONS OF ECONOMIC PRINCIPLESChapter 16Government Taxation and Expenditure Chapter 17Efficiency vs. Equality: The Big Tradeoff Chapter 18International Trade PART FIVE. MACROECONOMICS: ECONOMIC GROWTH AND BUSINESS CYCLESChapter 19Overview of Macroeconomics Chapter 20Measuring Economic ActivityChapter 21Consumption and Investment Chapter 22Business Cycles and Aggregate Demand Chapter 23Money and Financial MarketsChapter 24Monetary Policy and the EconomyPART SIX. GROWTH, DEVELOPMENT, AND THE GLOBAL ECONOMYChapter 25 Economic Growth Chapter 26The Challenge of Economic Development Chapter 27Exchange Rates and the International Financial System Chapter 28Open-Economy Macroeconomics PART SEVEN. UNEMPLOYMENT, INFLATION, AND ECONOMIC POLICYChapter 29Unemployment and the Foundations of Aggregate Supply Chapter 30InflationChapter 31The Frontiers of Macroeconomics

Read more less

Book SynopsisThe 2024 Release of Microeconomics by Dean Karlan and Jonathan Morduch is a transformative update to empower students in reshaping their world. It features a fresh print release, updated eBook/SmartBook, and enriched digital content in Connect to allow students a seamless transition from page to screen. Karlan and Morduch's product is a champion for personal and public change, redefining economics as a tool not just for personal gain but for public and business policy betterment. It challenges students to reach conclusions on how they will improve the world, cultivating a mindset that thinks like economists. Microeconomics isn't just a textbook; it's an experience allowing students to learn how to use the power of economics to shape a world that''s not just better but THEIRS. Erase boundaries between classroom and reality, with content grounded in updated empirical evidence, data, and research. Highlights include fresh insights from diverse voices to of

Read more less

Book Synopsis

Read more less

Book SynopsisRobert Frank''s Microeconomics and Behavior covers microeconomic topics while exploring the relationship between economic analysis and human behavior. Written in a way that is intellectually challenging, but also accessible and engaging to students. Earlier revisions of Microeconomics and Behavior focused on updating its examples and enriching its set of learning aids. This 2024 release marks a departure from that pattern. Although the author has long believed that the economic decisions that govern energy use have been a fruitful way to introduce basic microeconomic concepts, these received only limited attention in earlier editions. Now, with the climate crisis having become the defining issue of our era, the author has focused more intensively on how basic microeconomic concepts can help students think more clearly about, and respond more effectively to, the climate challenges we face. Core analytical tools are embedded in a diverse collection of examples and applicati

Read more less

Book Synopsis

Read more less

Book SynopsisMandel''s M: Economics, The Basics, a dynamic journey into economic literacy without overwhelming, providing a clear window into today''s economic landscape. Authored by Michael Mandel, former Chief Economist for BusinessWeek and Senior Fellow at The Wharton School, this Release combines journalistic flair with real-world experience to present economic concepts in an exciting, relevant, and understandable manner.  M: Economics, The Basics revolutionizes the learning experience with a magazine-like layout, concise coverage, and an accessible blend of math and graphs. Tailored for the one-semester survey course, this title ensures core concepts are approachable for any audience.  Every chapter has been evaluated to reflect recent economic events. Figures, tables, problems, and narratives dynamically mirror current news events. Empower your teaching with assignable end-of-chapter problems through McGraw Hill Connect, with sele

Read more less

Book SynopsisTable of ContentsChapter 1. Visions of the Future Chapter 2. Valuing the Environment: Concepts Chapter 3. Valuing the Environment: Methods Chapter 4. Property Rights, Externalities, and Environmental Problems Chapter 5. Sustainable Development: Defining the Concept Chapter 6. The Population Problem Chapter 7. Natural Resource Economics: An Overview Chapter 8. Energy Chapter 9. Water Chapter 10. Land Chapter 11. Agriculture Chapter 12. Biodiversity I – Forest Habitat Chapter 13. Common-Pool Resources: Fisheries and Other Commercially Valuable Species Chapter 14. Environmental Economics: An Overview Chapter 15. Stationary-Source Local and Regional Air Pollution Chapter 16. Climate Change Chapter 17. Transportation Chapter 18. Water Pollution Chapter 19. Managing Waste

Read more less

Book SynopsisCommercial and academic communities use private rules to regulate everything from labor conditions to biological weapons. This self-governance is vital in the twenty-first century, where private science and technology networks cross so many borders that traditional regulation and treaty solutions are often impractical. Self-Governance in Science analyzes the history of private regulation, identifies the specific market factors that make private standards stable and enforceable, explains what governments can do to encourage responsible self-regulation, and asks when private power might be legitimate. Unlike previous books which stress sociology or political science perspectives, Maurer emphasizes the economic roots of private power to deliver a coherent and comprehensive account of recent scholarship. Individual chapters present a detailed history of past self-government initiatives, describe the economics and politics of private power, and extract detailed lessons for law, legitimacy tTrade Review'Stephen M. Maurer blends history, economics, political theory, and legal analysis to explain the dynamics of industry self-regulation. His wide-ranging case studies make Self-Governance in Science an engaging intellectual exploration of private alternatives to government regulation. Maurer has produced the leading analysis of a ubiquitous but underappreciated regulatory phenomenon upon which the modern market economy and regulatory state both depend.' Timothy D. Lytton, Distinguished University Professor and Professor of Law, Georgia State University College of Law, and author of Kosher: Private Regulation in the Age of Industrial Food'Self-governance has become a trendy buzzword in many different areas, but science certainly counts among its most challenging fields of application. This book is therefore full of fascinating insights. While it refers to self-governance in science, its impact reaches much further. This book is a true must-read for anyone interested in self-governance, whether a lawyer, an economist, or a political scientist.' Florian Möslein, Philipps-Universität Marburg, Germany'Self-Governance in Science explains how the mechanisms of power and control operate across the fuzzy boundaries of markets, governments, and nations. Maurer's incisive analysis of expert communities in science and academia is especially timely in an era when their legitimacy is under renewed political and ideological attack.' Andrew L. Russell, Dean of the College of Arts and Sciences, State University of New York Polytechnic Institute'It's terrifically interesting and I recommend it to anyone interested in this area … This is a fascinating book, including the case studies, which range from atomic physics to fair trade coffee … anybody interested in raising standards in supply chains or finding ways to manage the deployment of new technologies will find a lot of useful insights here.' Diane Coyle, The Enlightened EconomistTable of ContentsIntroduction; Part I. The First Hundred Years: 1. Prelude: self-governance to 1980; Part II. Commercial Science: 2. Legacy: the new self-governance; 3. Commercial self-governance (I): private power; 4. Commercial self-governance (II): private politics; Part III. Academic Science: 5. Legacy: academic self-governance in modern times; 6. Academic self-governance: power and politics; Part IV. Legitimacy, Law and Policy: 7. Legitimacy; 8. Law; 9. Policy and practice; 10. Extending the model; Conclusion.

Read more less

Book SynopsisThe misuse of AI has led to wrongful arrests, denial of medical care, even genocide—this book offers 7 powerful principles that business can use now to end the harm.AI holds incredible promise to improve virtually every aspect of our lives, but we can’t ignore its risks, mishaps and misuses. Juliette Powell and Art Kleiner offer seven principles for ensuring that machine learning supports human flourishing. They draw on Powell’s research at Columbia University and use a wealth of real-world examples.Four principles relate to AI systems themselves. Human risk must be rigorously determined and consciously included in any design process. AI systems must be understandable and transparent to any observer, not just the engineers working on them. People must be allowed to protect and manage their personal data. The biases embedded in AI must be confronted and reduced.The final three principles pertain to the organizations that create AI systems. There must be procedures in place to hold them accountable for negative consequences. Organizations need to be loosely structured so that problems in one area can be isolated and resolved before they spread and sabotage the whole system. Finally, there must be psychological safety and creative friction, so that anyone involved in softwaredevelopment can bring problems to light without fear of reprisal.Powell and Kleiner explore how to implement each principle, citing current best practices, promising new developments, and sobering cautionary tales. Incorporating the perspectives of engineers, businesspeople, government officials, and social activists, this book will help us realize the unprecedented benefits and opportunities AI systems can provide.

Read more less

Book SynopsisEconomics studies how people, businesses and governments use resources. What shapes our decisions? How do we allocate goods and services? What does a rational choice look like? In this third edition of Economics: A Southern African Context, the authors expertly guide us through the key principles of economics, providing a solid foundation in the subject. The text combines relevant Southern African examples with a clear and accessible narrative. By encouraging critical engagement with economic theories, it provides a basis for examining todayâs economic, social, and political issues. Key Features:âA new structure to refocus the book and align with teachingâAdditional online chapters, including the Economics of Pandemics, available in Connect âFully updated pedagogy, including Interactive Graphs, Last Word, and Quick Quiz boxesâDiscussions on new developm

Read more less

Book SynopsisâœWith its real-life business applications, and the tools in Connect, students are engaged from the very start. I use Connect to set reading assignments, summative and formal assessments, so that everything can be tracked and monitored in one place.â â Dr. SiobhÃn Lucey, University College Cork and Senior Fellow of the UK Higher Education Academy"Well written with a good flow, this textbook provides clear and current examples, making the subject more approachable and relatable, particularly for those without an economics background. Jargon is explained clearly, saving lecture time for discussion and application.â â Professor Elizabeth Jones, Director of Undergraduate Studies, University of Warwick Economics for Business,ânow in its 7th edition, remains an essential introduction to economics for business students. Written in a clear and accessible style, it shows how economics applies to real-world business practice and policy by exploring a wide range of contemporary issues, such as behavioural economics, GDP growth as a policy, the rise of populism and sustainable development. Key features: Contemporary international examples bring economic topics to life and cover issues such as concert ticking pricing, Amazonâs data centres, banking in the UAE, the Vodafone-Three UK merger, and the economic impact of social media. Economic theories explained within the context of modern business with updated applications on mergers and acquisitions, hedging, and Eurozone membership, linking theory directly to modern business practice. Practical toolkit for business students with targeted chapter exercises including concept questions, calculations, and graphing practice. Economics for Business is available through McGraw Hillâs Connect® learning platform as an interactive, adaptive eBook alongside a wealth of ready-made course content for teaching, learning, practice and assessment. With a variety of tools to help with course management, insight and tracking, Connect helps faculty and institutions improve student outcomes and deliver courses more efficiently. To learn more, visit mheducation.co.uk/connect.Key Connect® features for this edition include:Interactive Graphs that help students see the relevance of the subject matter by providing visual displays of real data for students to manipulate.Economic Application Based Activities that provide students with valuable practice, using problem solving skills to apply their knowledge to realistic scenarios. Studentsâ progress from understanding basic concepts to analysing complex scenarios.Damian Ward is Professor of Business Economics and Dean of the Hertfordshire Business School at University of Hertfordshire. He has extensive experience of teaching undergraduate and MBA students, including executive management programmes for leading global organizations. His research interests focus on the application of economic theory to the workings of the financial services industry and he is a non-executive director of the London Institute of Banking and Finance.David Begg is Emeritus Professor of Economics at Imperial College Business School.

Read more less

Book SynopsisâœCompared to other textbooks Iâve used in the past, this book stands out as it is unique and innovative.â â Dr. Sambit Bhattacharyya, Professor of Economics and Head of Department of Economics, University of SussexâœThe bookâs structure is robustly set up for continuing the evolution of economics education. I truly think it is the way forward for Macroeconomics teaching.â â Dr. Drew Woodhouse, Senior Lecturer in Economics, Sheffield Hallam UniversityMacroeconomics is a distinctive, accessible, and authoritative guide that equips students with the tools to understand the forces shaping todayâs global economy. Clear, concise, and packed with real-world relevance, it is the ideal companion for undergraduates seeking both academic success and practical insight.Real-world case studies are interwoven throughout, including financial crises, pandemics, sovereign debt crises, quantitative easing and topical debate on economic policy to demonstrate how macroeconomic theory operates in practice. The text offers novel coverage of growth frameworks, including the Circular Economy, IO Modelling, ESG and EDI considerations. It connects macroeconomics with econometrics in a chapter dedicated to macroeconometrics, introducing simple and multiple regression analysis, preliminary data investigation, and the important concept of causality. Dynamic labour market models, including labour market flows and matching functions, are explored in depth, while a chapter on macroeconomic modelling provides students with a coherent analytical framework. The book also covers intertemporal macroeconomics with constrained utility optimisation and offers a perspective of the wider financial system, including financial instruments, innovations, derivatives, and an understanding of the mechanics of monetary policy.Key features Guided learning: Each chapter opens with an overview and clear learning outcomes, giving students a roadmap of what they will achieve. Clarity and understanding: Key definitions, supported by figures, graphs, and tables, ensure complex concepts are accessible and easy to visualise. Application in practice: A wide range of real world, worked and hypothetical examples demonstrate how theory applies to real events and possible futures. Assessment support: Exercises throughout encourage active engagement and practice. Assessment advice offers practical tips, while exam-style questions and graded problems test understanding and build confidence. Further exploration: Chapter summaries reinforce key points for revision, and case studies extend learning beyond the text, encouraging critical enquiry and independent thinking. Macroeconomics is available through McGraw Hillâs Connect learning platform as an interactive, adaptive eBook alongside a wealth of ready-made course content for teaching, learning, practice and assessment. With a variety of tools to help with course management, insight and tracking, Connect helps faculty and institutions improve student outcomes and deliver courses more efficiently. To learn more, visit mheducation.co.uk/connect.Dr Paul Middleditch is an Associate Professor of Macroeconomics at the University of Manchester, Director of the Centre for Innovation in Pedagogy, Associate Member of the Economics Network. He has received the Economics Network 'Outstanding Teaching Award' in 2013 and a University of Manchester Distinguished Achievement Medal 'Teacher of the Year' in 2014.

Read more less

Book SynopsisIt was the ultimate test for CEOs, and almost none of them saw it coming.__________In early March 2020, with the Dow Jones flirting with 30,000, the world's biggest companies were riding an eleven-year economic high. By the end of the month, millions would be out of work, iconic firms were begging for bailouts, and countless small businesses were in freefall. Slick consulting teams and country-club connections were suddenly of little use: business leaders were fumbling in the dark, tossing out long-term strategy and making decisions on the fly-decisions, they hoped, that might just save them.In Crash Landing, award-winning business journalist Liz Hoffman shows how the pandemic set the economy on fire-but if you look closely, the tinder was already there.Based on astonishing access inside some of the world's biggest and most iconic companies, this is a gripping account of the most remarkable period in modern economic history, revealing how they battled against an economic catastrophe for which there was no playbook: among them, AirBnB's Brian Chesky, blindsided by a virus in the middle of a high-stakes effort to go public; American Airlines's Doug Parker, shuttling between K Street and the White House, determined to secure a multi-billion-dollar bailout; and Ford's Jim Hackett, as his assembly lines went from churning out cars to ventilators.Crash Landing reveals the fear, grit, and gambles of the pandemic economy, while probing its implications for the future of work, corporate leadership, and capitalism itself, asking: Will this remarkable time give rise to newfound resilience, or become just anothercostly mistake to be forgotten?__________A gripping account of the financial carnage of the pandemic, revealing the fear, grit, and gambles that drove the economy's winners and losers. Trade Review'With the urgency of Too Big to Fail and unforgettable characterizations of The Big Short, Crash Landing tells a momentous story: how the Covid-19 pandemic threatened not just billions of lives but the livelihoods and economic safety of nearly everyone on the planet.' -- Brad Stone, author of Amazon Unbound and The Everything Store"Hoffman takes readers behind the scenes to show how corporate, business and government leaders responded to a once-in-century calamity. Crash Landing is full of drama. Those eager to prepare for the next crisis should read this book and heed its lessons." --Gregory Zuckerman, New York Times bestselling author of The Man Who Solved the Market"Crash Landing is a true masterwork. Liz Hoffman's perceptive, well researched, and captivating look at how COVID transformed the business and financial industries should be on the shelf of every student of the business world."--David Rubenstein, co-founder and co-chairman, The Carlyle Group; New York Times bestselling author of How to Invest"A rare look inside the split -second, high-stakes decisions at the top of America's corporate giants. This book reflects Liz Hoffman's rare combination of valuable gifts: vivid writing, incredible access and sourcing, and actual insight." -- Mary Childs, author of national bestseller The Bond King, cohost of NPR's "Planet Money""There is a reason Liz Hoffman is known in journalism circles as a scoop machine: she gets people to talk. In Crash Landing she takes us inside the heads of the business world's biggest power players as they stare at an economic abyss. The result is a riveting chronicle of the boardroom brinksmanship that-mostly-succeeded, but also how this unprecedented era exposed new risks and thrust an uncomfortable spotlight on the role of corporate leaders that will endure." --Bradley Hope, New York Times bestselling author of Billion Dollar Whale and The Rebel and the Kingdom'This book reads like a suspense thriller, because that's what it is, even though every word is true. Hoffman casts her brilliant reportorial eye on the economic upheaval that began in late 2019. She reveals just how often the supposed rational leaders of the economy are actually shooting from the hip, relying on gut instinct, cronyism and self-interest to try and steer the economy away from the abyss.' -- Brian Koppelman, co-creator, showrunner, and executive producer of Showtime's Billions'In Crash Landing, Liz Hoffman offers something fresh and much-needed: an insider tale of what it takes to steer a company-indeed, an economy-through a shock that nobody saw coming. Having spent time in boardrooms in times of crisis, the portrait she paints is highly accurate. The aspiring C-suite class should take note.' -- Harvey Schwartz, former president and co-chief operating officer, Goldman Sachs

Read more less

Book SynopsisClimate change is perhaps among the most serious challenges that humankind has ever faced and perhaps the greatest market failure the world has ever seen. At the same time, clean unutilised energy resources around the world are available that could help remedy climate and environmental problems while also improving peoples lives. It is likely that most of the increased demand for energy in the future will be in the developing and emerging world. This is also where most unutilised clean energy sources are located. The challenge of climate change requires strong comprehensive and firm action from the international community. Clean energy projects tend to be large, capital intensive and long term. They require long term commitment from all the players involved as well as mutual trust. International financial institutions (IFIs), including the World Bank Group and regional development banks can play a key role in promoting the use of clean energy sources by facilitating clean energy investment in developing and emerging markets. This book focuses on those challenges, mainly using geothermal energy projects as examples, but also by providing an example of a large hydropower project to illustrate how the funding and risk mitigation instruments of IFIs, as well as national agencies such as export credit agencies (ECA)s, have been used to mobilise funds in a difficult investment environment. The book is divided into eleven chapters. Chapter One discusses the current global investment regime and the absence of an international organisation for investments comparable to the World Trade Organization that focuses on cross border trade. Chapter Two examines the World Bank Group and its emphasis on loans instead of guarantees for capital mobilisation. Chapter Three discusses international financial institutions, including regional development banks and their risk mitigation instruments. Chapter Four focuses on how IFIs can make more use of their instruments to support cross border clean energy projects in developing and emerging economies. Chapter Five assesses the effectiveness of the risk mitigation instruments used by the World Bank Group. Chapter Six analyses the upfront development costs associated with geothermal development and geothermal projects. Chapter Seven analyses the costs and benefits of deploying public-private partnerships for clean energy projects. Chapter Eight focuses on contested multilateralism and the recent establishment of new international financial institutions under Chinese leadership, i.e. the Asian Infrastructure Investment Bank and the New Development (BRICS) Bank. Chapter Nine examines Iceland with its geothermal cluster as well as how developing and emerging countries could learn from Icelands experience. Chapter Ten analyses selected cross border clean energy projects, including geothermal and hydropower, and shows how various funding and risk mitigation instruments have been used in practice. Chapter Eleven stresses the urgency for global action to address the climate crisis facing humankind. Finally, the concluding chapter shows how international financial institutions can be key instruments for successful global climate solutions. The book draws on the authors experience in three continents (Africa, Asia and Europe) as a staff member of the World Bank Group.

Read more less

Book SynopsisThe Administration requested $523.9 billion to cover the FY2017 discretionary base budget of the Department of Defense (DOD). This request is $2.2 billion, or approximately 1%, higher than the corresponding appropriation for FY2016. In addition to the base budget request, the Administration requested $58.8 billion -- including $3.4 billion for the European Reassurance Initiative -- in discretionary funding for Overseas Contingency Operations (OCO). The total discretionary funding request of $609.9 billion, combined with $9.6 billion in mandatory spending, brought the Administrations total FY2017 National Defense budget request to $619.5 billion. In shaping the FY2017 budget, DOD officials stated that they emphasized innovation and other ways to increase the combat effectiveness of U.S. forces while complying with the budget caps. The request aims to field a force that can deter the most technologically advanced potential adversaries using conventional weapons, without assuming that U.S. forces would match the size of enemy forces, by modernizing its equipment and changing its organization rather than by enlarging their numbers. This book provides an overview and analyses of the U.S. defense budget and OCO funding.

Read more less

Book SynopsisThe federal government incurs a budget deficit (also known as a net deficit) when its total outgoing payments (outlays) exceed the total money it collects (revenues). If instead federal revenues are greater than outlays, then the federal government generates a surplus. Deficits are measured over the course of a defined period of time -- in the case of the federal government, a fiscal year. Over time, persistent budget deficits can hamper economic growth. Federal debt, either publicly held or intragovernmental, is funded through private capital. In the absence of federal debt, a portion of such funding would likely have been used on private investment projects that could increase the future productive capabilities of the economy. Large or rapidly increasing debt levels could also make the economy more susceptible to a recession, although that dynamic has not manifested itself in the United States. This book explores distinctions in the concept and composition of deficits and debt, explains how these two measures interact, and discusses their possible effects on the economy. Furthermore, the book discusses the size of projected budget deficits; how much the deficit would need to be reduced to return to long-term sustainability; analyzes alternative time frames for reducing the deficit; and discusses broad policy choices for reducing the deficit.

Read more less

Book SynopsisIn this next volume of Progress in Economics Research, chapters discuss risk measurement methods in financial investments; the expansion of intellectual property rights and foreign direct investments; the role of process in policy-making in the maritime sector with reference to corporate social responsibility and how issues of flexibility, movement, change, and the increasing speed of these events can be accommodated in a new governance framework that takes account of the changed situation for nation-states; enhanced cooperation and the progressive process of differentiated integration in the European Union and its implications; personal metaphors expressed using a sample of MBA students who are preparing for their future careers as directors; mobilisers'' problematising economic inequality in Hong Kong.; and home purchase decisions of the younger generation in Hong Kong.

Read more less