Educational: Business studies and economics
HarperCollins Publishers Inc Good to Great
Book SynopsisThe Challenge Built to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the very beginning. But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness? The Study For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great? The Standards Using tough benchmarks, Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. How great? After the leap, the
£26.25
Hodder Education Economics for the IB Diploma Quantitative Skills
Book SynopsisReinforce and improve your students'' quantitative skills with this write-in workbook, which includes exam-style practice questions. Prepare for the new assessment model with exam-style questions that are broken down to help students understand the question as a whole and the way they will need to tackle it. Questions are presented in the chronological order of the syllabus, to aid knowledge and understanding of the new course (first exams 2022). Provides lots of opportunities to practice quantitative skills, techniques and methods with exam-style questions. Detailed mark schemes are provided to support students'' assessment success, from a highly experienced author, IB workshop leader and teacher. Answers available to download for free: www.hoddereducation.co.uk/ib-extras
£17.10
Pearson Education Limited Pearson REVISE Edexcel ASA Level Economics
Book Synopsis
£23.11
Hodder Education Business Management Toolkit Workbook for the IB
Book SynopsisStrengthen and reinforce your student''s understanding of the toolkit aspect of the Business Management course with this write-in workbook, which fully covers the revised Guide and the tools needed for success in situational, planning and decision-making in business.- Prepare for assessment with a range of tasks designed for practicing the new Guide tools in the toolkit.- Questions are presented in relation to the key topics, to aid and further develop understanding of the course contexts.- Includes guidance on how to incorporate and use the toolkit for both the Internal Assessment and Extended Essay.- Expert hints and tips for assessment success from a highly experienced author, IB workshop leader and teacher.- Answers available to download for free: www.hoddereducation.com/ib-extras
£23.07
Random House USA Inc Trump The Art of the Deal
Book SynopsisPresident Donald J. Trump lays out his professional and personal worldview in this classic work—a firsthand account of the rise of America’s foremost deal-maker. “I like thinking big. I always have. To me it’s very simple: If you’re going to be thinking anyway, you might as well think big.”—Donald J. TrumpHere is Trump in action—how he runs his organization and how he runs his life—as he meets the people he needs to meet, chats with family and friends, clashes with enemies, and challenges conventional thinking. But even a maverick plays by rules, and Trump has formulated time-tested guidelines for success. He isolates the common elements in his greatest accomplishments; he shatters myths; he names names, spells out the zeros, and fully reveals the deal-maker’s art. And throughout, Trump talks—really talks—about how he does it. Trump: The Art of the Deal is an unguarded look at t
£19.53
Hodder Education Cambridge IGCSE and O Level Economics Third
Book SynopsisExplore Economics as a real-world subject through case studies from around the world. The new edition of our Student's Book provides in-depth coverage of the revised Cambridge IGCSE, IGCSE (9-1) and O Level Economics syllabuses (0455/0987/2281).
£28.80
Hodder Education Cambridge IGCSE and O Level Economics Workbook
Book SynopsisReinforce learning and deepen understanding of the key concepts covered in the latest Cambridge IGCSE, IGCSE (9-1) and O Level Economics syllabuses (0455/0987/2281) with this updated Workbook. An ideal course companion or homework book for use throughout the course.
£14.19
Pearson Education Edexcel ASA level Business 5th edition Student
Book Synopsis
£57.32
Guy Fox Publishing How the World Really Works: Insurance at Lloyd's
Book Synopsis
£6.81
Crabtree Publishing Co,US What is Entrepreneurship Your Start Up Starts Now
Book Synopsis
£9.49
Oxford University Press Complete Economics for Cambridge IGCSE O Level
Book SynopsisFully aligned to the latest Cambridge economics syllabuses (0455/2281), for examination from 2020, and directly supporting the modular approach of Complete Economics for Cambridge IGCSE & O Level series, this new Workbook fully embeds the sophisticated data analysis and practical skills key to strong exam performance.Support top achievement with the practical, skills-based approach that builds confidence for the latest Cambridge syllabus and lays the foundations for further study. Plus stretch your high ability students to their full potential with regular extension work.
£16.28
Cambridge University Press Cambridge IGCSE® and O Level Economics Coursebook
Covers the Cambridge IGCSE syllabus (0455) and the Cambridge O Level syllabus (2281), first examination from 2020. This series helps students understand economic theory, terminology and principles. It matches the Cambridge IGCSE and O Level Economics syllabuses. The coursebook helps students apply tools of economic analysis, make judgements on economic issues, use basic economic numeracy and literacy, and take greater part in decision-making processes in everyday life. Sample questions provide opportunities for students to develop their evaluative skills. It provides a foundation for advanced study in Economics such as A Level. Answers to the coursebook and workbook questions are in the teacher's resource.
£29.95
Hodder Education AQA GCSE 91 Business Third Edition
Book SynopsisWith up-to-date case studies of real-world businesses, this fully updated AQA GCSE (9-1) Business Student Textbook will help your students respond to exam questions with confidence, demonstrating how they can structure their answers for maximum impact. This Student Textbook includes:- Fully up-to-date exam questions, with 25% more practice questions and increased practical support for tackling different question types- More exam tips and advice, with examiner commentary showing how students should approach exam questions- Real-world case studies, new and updated, to reflect the developments in e-commerce and the impact of recent global and political developments- Quick knowledge-recall questions throughout the book to help students check understanding, and for teachers to use in assessment
£30.00
Hodder Education Cambridge IGCSE and O Level Business Sixth
Book SynopsisDiscover business theory beyond the classroom by exploring real-world international business case studies; this new edition of our tried-and-tested Student's Book ensures full coverage of the latest Cambridge IGCSE, IGCSE (9-1) and O Level Business Studies syllabuses (0264/ 0774/ 7081) for examination from 2027.
£27.20
HarperCollins UK Edexcel GCSE 91 Business AllinOne Complete
Book Synopsis
£13.97
HarperCollins Publishers Cambridge IGCSETM Economics Students Book
Book SynopsisCollins Cambridge IGCSE Economics Student Book provides comprehensive coverage of the Cambridge IGCSE Economics (0455) syllabus, with in-depth content presented in a clear and easily accessible format. Written by experienced teachers, it offers a wide range of carefully developed features to help students to develop and apply their knowledge.Exam Board: Cambridge Assessment International EducationFirst teaching: 2018 First examination: 2020The Student Book provides full syllabus coverage of the new IGCSE Economics syllabus (0455) as well as the Cambridge O level syllabus (2281), both for first teaching in 2018 and first examination in 2020. With a clear structure mapped to the syllabus, chapters cover the full content of the curriculum including units on the allocation of resources, the role of government in the economy, economic indicators, and alleviating poverty. It supports students in their learning and understanding of economic terminology, concepts and theories, and guides them
£25.99
HarperCollins Publishers Cambridge IGCSE Accounting Students Book
Book SynopsisCollins Cambridge IGCSE ® Accounting Student Book provides comprehensive coverage of the Cambridge IGCSE Accounting (0452) syllabus, with in-depth content presented in a clear and easily accessible format. Written by experienced teachers, it offers a wide range of carefully developed features to help students to develop and apply their knowledge.
£26.99
HarperCollins Publishers Cambridge Igcser Business Studies Student Book
Book SynopsisWritten by experienced IGCSE Business Studies teachers from around the world, this textbook provides full coverage of the skills and knowledge in Cambridge IGCSE Business Studies 0450 syllabus, for first teaching from 2018 and examination from 2020, to help your students succeed.Exam Board: Cambridge Assessment International EducationFirst teaching: 2018 First examination: 2020This Student's Book also provides coverage for Cambridge O Level Business Studies 7115 and Cambridge Business Studies (9-1) 0986 syllabuses. This title is endorsed by Cambridge Assessment International Education. Deliver a course that reflects the modern business world with up to date examples and data. Put Business Studies in context with engaging, up-to-date, real-life case studies from around the world for every topic. Enable students to access the syllabus content with a fresh, visual design and language tailored to English as a Second Language learners. Build students' skills in application, analysis and eva
£25.99
HarperCollins Publishers Edexcel GCSE 91 Business Complete Revision and
Book SynopsisExam Board: EdexcelLevel: GCSE 9-1Subject: BusinessSuitable for the 2025 examsComplete revision and practice to fully prepare for the GCSE grade 9-1 examsRevision that Sticks! Collins Edexcel GCSE 9-1 Business Complete All-in-One Revision and Practice uses a revision method that really works: repeated practice throughout.A revision guide, workbook and practice paper in one book!With clear and concise revision for every topic, plus seven practice opportunities, Collins offers the best revision at the best price.Includes:quick tests as you goend-of-topic practice questionstopic review questions later in the bookmixed practice questions at the end of the bookmore topic-by-topic practice in the workbooka complete exam-style paperfree Q&A flashcards to download onlinefree ebook versionTrade Review“Generally excellent. Attractive layout, clear and easy to access. There is necessary focus on exam skills, but presented in an interesting, step-by-step format.” Susan Stirrup, King’s Ely “I like the clear layout, especially the spacing of the questions – it is very accessible.” Fiona Hall, Sheringham High School “Colourful and informative.” Jane Hamilton, Alsager School
£11.39
HarperCollins Publishers Edexcel GCSE 91 Business Workbook
Book SynopsisExam Board: EdexcelLevel: GCSE 9-1Subject: BusinessSuitable for the 2025 examsTargeted practice questions covering the GCSE grade 9-1 curriculumThis Collins Edexcel Business GCSE 9-1 Workbook contains topic-based questions as well as a full practice paper and answers. With lots of realistic practice opportunities for a variety of different exam-style questions.With a workbook and practice exam paper in one book, it contains plenty of practice opportunities to ensure the best results.Includes: selection of questions covering each topic topic-by-topic practice complete exam-style paper online video solutions for every topic
£8.42
HarperCollins Publishers Inc Elon Musk and the Quest for a Fantastic Future
Book Synopsis
£7.59
Pearson Education (US) College Accounting Chapters 112 with Study Guide
Book SynopsisTable of Contents1. Accounting Concepts and Procedures 2. Debits and Credits: Analyzing and Recording Business Transactions 3. Beginning the Accounting Cycle 4. The Accounting Cycle Continued 4A. Appendix: Depreciation 5. The Accounting Cycle Completed 6. Banking Procedures and Control of Cash 7. Calculating Pay and Recording Payroll Taxes: The Beginning of the Payroll Process 8. Paying the Payroll, Depositing Payroll Taxes, and Filing the Required Quarterly and Annual Tax Forms: The Conclusion of the Payroll Process 9. Sales and Cash Receipts in a Perpetual Inventory System 10. Purchases and Cash Payments in a Perpetual Inventory System 11. Preparing a Worksheet for a Merchandise Company Using the Perpetual Method 12. Completion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method 12A. Appendix: Accounting for Merchandise Inventory Using the Periodic Method of Inventory Valuation
£152.00
OUP Oxford Essential Business Studies for Cambridge IGCSE O
Book SynopsisEnsure your EAL learners succeed in Business Studies with a structured approach for the latest IGCSE, IGCSE (9-1) & O Level (0450/0986/7115) syllabuses, for examination from 2020. Written by examiners, the step-by-step approach is fully aligned to the latest Cambridge syllabuses with a comprehensive mapping grid so you can be sure of complete support. Build assessment achievement with updated exam-style questions and guidance. Consolidate understanding with summary questions on every double page. International case studies engage students and link learning to real life.Embed comprehension for your second language learners with topic guidance drawn from the syllabus and specialist vocabulary that is clearly highlighted and explained. Support learning with interactive tests, exam-style practice and Student Book answers on the accompanying support site.
£30.99
Oxford University Press Complete Business Studies for Cambridge IGCSE and
Book SynopsisCompletely supporting the latest Cambridge IGCSE and O Level syllabuses, Complete Business helps build foundations for the future with a rigorous approach. Drive assessment success with extensive exam support , plus fully updated business terminology and command words.
£38.99
OUP Oxford Complete Enterprise for Cambridge IGCSE
Book SynopsisDevelop real-world skills and future potential with Complete Enterprise. The practical, skills-focused approach is fully aligned to the latest IGCSE syllabus (0454) and includes a comprehensive mapping grid so you can be sure of complete support. Drive achievement in students'' coursework projects with integrated support on how to apply enterprise theory As well as developing crucial skills for the Cambridge IGCSE Enterprise exam, it supports transferable business skills that will raise potential in subjects like Cambridge IGCSE Economics and Business Studies.Specifically designed to provide the knowledge associated with running a small enterprise, the 21st-century approach equips learners with skills that can be applied to their future studies and careers.Student Book answers can be found on the accompanying support site.
£35.99
Oxford University Press Principles of Business for CSEC
Book SynopsisNewly updated to match the latest syllabus, Principles of Business for CSEC 2nd edition focuses on the theoretical and practical aspects of business that apply to the Caribbean''s diverse economic environment. Written by a team of experts in Caribbean business education engages students with the fundamentals of business and encourages the development of their critical thinking and entrepreneurial skills.
£26.99
Pearson Education How to Run a Great Workshop
Book SynopsisDealing with running successful group sessions, this book takes you through the early stages of planning and preparation, for showing you how to build a great session. It also covers group activities, how to use materials and how to be remembered for the right reasons, along with an overview of training theory and learning models.Trade Review"A useful guide" - The Times, 23 November 2006Table of Contents Why choose this book?Introduction Chapter 1 Who, what, why and where Your natural style Beliefs and the importance of make-believe… Session subject and outcomes Why bother – application of learning What type of session? Your participants Location, location, location Information v. learning Chapter 2 Whole-brain learning primer The biggest myth in training All you need to know about learning theory Using music Energy The 70/30 ruleBreaks Bluffer’s guide to facilitation Chapter 3 Building a great sessionOverview Strong framework Structure and flow Theming The title The Welcome Pack Step-by-step activities Metaphors and their use Introduction and welcome Warm-up activities/ice-breakers BrainGym Off-the-shelf activities Tricks of the trade Strong finish Evaluation Setting the scene on the day Follow through Materials Canny material design Participants’ materials Your materials Chapter 4 Meetings makeover Adieu Appendix 1: Some themes suitable for workshops Appendix 2: People bingo Appendix 3: Glossary and ‘trainer speak’ RESOURCES INDEX
£15.19
Pearson Education Limited Cost Accounting Horizon Edition
Book Synopsis
£13.27
Taylor & Francis Ltd Learning to Teach Business in the Secondary
Book SynopsisThis book offers a comprehensive, accessible introduction to teaching and learning business. Covering a broad range of topics and focusing on both pedagogy and content, it develops the key ideas of teaching and learning in business in a structured and accessible way. The chapters draw on theory and the latest research to demonstrate how key pedagogical issues link to classroom practice. Featuring weblinks to useful resources, summaries of key points and a range of tasks enabling you to put learning into practice in the classroom, the chapters offers guidance on: The use of case studies as a signature pedagogy of business Designing a well-sequenced business education curriculum including lesson planning Formative and summative assessment Teaching, administering and assessing vocational courses How to teach core concepts such as business ethics How to teach literacyTable of ContentsIntroduction CHAPTER 1. STARTING OUT AS A BUSINESS TEACHER BY STEPHANIE HIRST CHAPTER 2. DESIGNING AN EFFECTIVE BUSINESS CURRICULUM BY LIMARA PASCALL CHAPTER 3. ASSESSMENT BY LIMARA PASCALL AND SIMON WHITEHOUSE CHAPTER 4. DEVELOPING AND MAINTAINING AN EFFECTIVE LEARNING ENVIRONMENT BY SHANE LONERGAN CHAPTER 5. TEACHING VOCATIONAL COURSES IN BUSINESS BY SARAH CRAWFORD-SINGH CHAPTER 6. TEACHING ETHICS IN BUSINESS BY IAN MARCOUSÉ CHAPTER 7. TEACHING LITERACY AND NUMERACY IN BUSINESS BY YOUSUF HAMID CHAPTER 8. THE CASE STUDY AS A SIGNATURE PEDAGOGY BY JAMES CHANDLER AND IAN MARCOUSÉ CHAPTER 9. LEARNING OUTSIDE THE CLASSROOM IN BUSINESS BY DR ADAM UNWIN CHAPTER 10. PLANNING FOR AN INCLUSIVE APPROACH TO LEARNING AND TEACHING IN BUSINESS CHAPTER 11. USING DIGITAL TECHNOLOGIES TO SUPPORT LEARNING IN BUSINESS BY ALAN BRIGHT CHAPTER 12. BEYOND YOUR INITIAL TEACHER EDUCATION. THE TEACHER AS A RESEARCHER BY DR Appendices
£29.99
Pearson Education Heinemann IGCSE Business Studies Student Book
Book Synopsis
£29.49
John Wiley & Sons Inc Financial Market Analysis 2e
Book SynopsisAn examination and evaluation of the core topics in financial market analysis including the financial system, portfolio theory and management, the valuation of securities and options and futures. This edition has been fully revised.Table of ContentsPreface xix Abbreviations xxi I Introduction to Financial Markets 1 1 The Financial System 5 1.1 Participants 5 1.1.1 End-users of the financial system 5 1.1.2 General financial intermediaries 7 1.1.3 Specialist financial intermediaries 12 1.1.4 Market-makers 16 1.2 Securities 16 1.3 Markets 20 1.3.1 The classification of financial markets 20 1.3.2 Financial markets in the UK 25 1.4 Trading arrangements 38 1.4.1 Types of order 39 1.4.2 Types of account 39 1.4.3 Stock borrowing agreements 41 1.4.4 Clearing and settlement of trades 42 1.4.5 Official intervention in markets 43 1.5 Regulation 44 1.6 The financial system in a temporal context 51 1.6.1 The recent past: the Big Bang of October 1986 51 1.6.2 The near future 53 Appendix: The City Research Project 1991-95 69 2 The market determination of discount rates 79 2.1 The price of time and risk 79 2.2 The expected real interest rate 80 2.3 The expected inflation rate 82 2.4 The expected liquidity premium 83 2.5 The expected risk premium 84 2.6 Interest rates and discount rates 87 3 Financial arithmetic 89 3.1 Future values: single payments 89 3.1.1 Simple interest 89 3.1.2 Compound interest: annual compounding 90 3.1.3 Compound interest: more frequent compounding 90 3.1.4 Flat and effective rates of interest 92 3.2 Present values: single payments 92 3.2.1 Present value: annual discounting 92 3.2.2 Present values: more frequent discounting 93 3.3 Future values: multiple payments 93 3.3.1 Irregular payments 93 3.3.2 Regular payments: annual payments with annual compounding 94 3.3.3 Regular payments: annual payments with more frequent compounding 95 3.3.4 Regular payments: more frequent payments and compounding 96 3.4 Present values: multiple payments 96 3.4.1 Irregular payments 96 3.4.2 Regular payments: annual payments with annual discounting 97 3.4.3 Regular payments: annual payments with more frequent discounting 97 3.4.4 Regular payments: more frequent payments and discounting 98 3.4.5 Perpetuities 100 3.5 Rates of return 100 3.5.1 Single-period rale of return 100 3.5.2 Internal rate of return or money-weighted rate of return 101 3.5.3 Time-weighted rate of return or geometric mean rate of return 103 Appendix: A simple iterative method for calculating internal rates of return 104 II The Analysis and Valuation of Securities 107 4 Monty market securities 111 4.1 Securities quoted on a yield basis 112 4.1.1 Money market deposits 112 4.1.2 Negotiable certificates of deposit 113 4.2 Securities quoted on a discount basis 116 4.3 Recent innovations 120 5 Bonds 123 5.1 Types of bond 123 5.2 The fair pricing of bonds 127 5.3 Clean and dirty bond prices 128 5.4 Yield measures on bonds 129 5.4.1 Current yield 130 5-4.2 Simple yield to maturity 131 5.4.3 Yield to maturity 131 5.4.4 Holding-period yield 135 5.4.5 Yield to par 135 5.4.6 Yield to call and yield to put 135 5.4.7 Yield to average life and yield to equivalent life 136 5.4.8 Index-linked yields 138 5.5 Yield curves 141 5.5.1 The yield to maturity yield curve 142 5.5.2 The coupon yield curve 142 5.5.3 The par yield curve 142 5.5.4 The spot (or zero-coupon) yield curve 144 5.5.5 The forward yield curve 146 5.5.6 The annuity yield curve 150 5.5.7 Rolling yield curve 150 5.6 Theories of the yield curve 152 5.6.1 The expectations hypothesis 152 5.6.2 The liquidity preference theory 153 5.6.3 The segmentation or preferred habitat theory 154 5.7 Fitting the yield curve 154 5.7.1 Polynomial curve fitting 154 5.7.2 Regression analysis 155 5.7.3 Matrix modelling 156 5.8 Interest rate risk 158 5.8.1 Duration 158 5.8.2 Convexity 164 5.8.3 Dispersion 166 5.9 Floating rate notes 166 5.10 Recent innovations: the gilt repurchase market 170 6 Shares 181 6.1 Types of share in the firm 181 6.2 The financial structure of the firm 183 6.2.1 The income statement and statement of retained earnings 183 6.2.2 Inflation accounting 184 6.2.3 Depreciation 184 6.2.4 Corporation tax and corporate capital gains tax 185 6.2.5 The effect of accounting conventions on reported earnings 188 6.2.6 The balance sheet 190 6.3 The fair pricing of shares 192 6.3.1 Valuation based on expected dividends 192 6.3.2 Valuation based on expected earnings 194 6.4 Dividend policy 196 6.5 Earnings analysis 198 6.5.1 Constant or normal growth models 198 6.5.2 Differential growth models 201 6.5.3 Forecasting earnings 205 6.6 The value of the firm: the effect of leverage 206 7 Foreign currency 215 7.1 The foreign exchange market 215 7.1.1 Spot foreign exchange transactions 216 7.1.2 Forward foreign exchange transactions 219 7.2 Exchange rate risk 222 7.3 Covering foreign exchange transactions 226 7.3.1 Covering forward transactions 226 7.3.2 Covering spot transactions 228 7.4 The fair pricing of foreign currency 230 7.4.1 Consistent cross exchange rates 230 7.4.2 Purchasing power parity 231 7.4.3 International Fisher effect 234 7.4.4 Covered interest rate parity 235 7.4.5 Uncovered interest rale parity 236 8 Forwards and futures 239 8.1 Forward and futures contracts 239 8.1.1 Forward contracts 239 8.1.2 Futures contracts 240 8.2 Financial futures contracts 244 8.2.1 Short-term interest rale futures 247 8.2.2 Long-term interest rate futures 250 8.2.3 Currency futures 257 8.2.4 Stock index futures 257 8.3 The fair pricing of forward and financial futures contracts 260 8.3.1 Fair pricing with no uncertainty 260 8.3.2 Futures prices and expected spot prices 262 8.3.3 Fair pricing of the short-term interest rate contract 263 8.3.4 Fair pricing of the long-term interest rate contract 264 8.3.5 Fair pricing of the currency contract 266 8.3.6 Fair pricing of the stock index contract 267 9 Options, warrants and convertibles 273 9.1 Option contracts 273 9.2 Option combinations 277 9.3 Financial options contracts 283 9.3.1 Equity options 288 9.3.2 Interest-rate options 291 9.3.3 Currency options 297 9.3.4 Stock index options 297 9.3.5 Restricted-life traded options 301 9.3.6 Traditional options 302 9.3.7 Over-the-counter options 302 9.4 The fair pricing of options contracts 303 9.4.1 Factors influencing the premium 303 9.4.2 Boundary conditions for options 304 9.4.3 The binomial model of the fair European call option price 309 9.4.4 The Black-Scholes model of die fair European call option price 312 9.4.5 Properties of the Black-Scholes model: the Greeks 316 9.4.6 Pricing a European put option 321 9.4.7 Modifications to the Black-Scholes model 322 9.5 Exotic options 327 9.6 Warrants and convertibles 334 9.6.1 Warrants 334 9.6.2 Convertibles 336 Appendix A: Accounting issues with options and futures contracts 338 Appendix B: Taxation issues with options and futures contracts 340 Appendix C: Standard normal distribution table 342 10 Synthetic securities 349 10.1 The basic building blocks of synthetic securities 349 10.2 Synthetic options and futures 352 10.3 Swaps 357 10.3.1 Interest rate swaps 358 10.3.2 Basis swaps 363 10.3.3 Currency swaps 363 10.3.4 Asset swaps 369 10.3.5 More esoteric swaps 370 10.3.6 The risks involved in swaps 371 10.3.7 The uses of swaps 372 10.4 Forward rate agreements 373 10.5 Caps, floors and collars 375 10.6 Bundled and unbundled securities 378 10.6.1 Bundled securities 378 10.6.2 Unbundled securities 380 III Portfolio Analysis, Management and Performance Measurement 385 11 Market efficiency: theory and evidence 389 11.1 Allocative operational and informational efficiency 389 11.2 The EMH the fair game model and random walk 390 11.3 The EMH and information 392 11.4 The EMH and an information-efficient equilibrium 393 11.5 Tests of the efficient markets hypothesis 394 11.5.1 Evidence favouring the efficient markets hypothesis 394 11.5.2 Evidence against the efficient markets hypothesis 398 11.5.3 Are the financial markets efficient? 405 12 Speculation and arbitrage 415 12.1 Speculation 415 12.1.1 The process of speculation 415 12.1.2 Trading strategies with futures 417 12.1.3 Trading strategies with options 426 12.2 Arbitrage 434 12.2.1 The process of arbitrage 434 12.2.2 Arbitrage strategies with futures 435 12.2.3 Arbitrage strategies with options 439 Appendix A: The collapse of Barings Bank 441 Appendix B: Technical analysis 444 13 Portfolio analysis and asset pricing 461 13.1 Portfolio analysis 461 13.1.1 Choice under uncertainty: the consumption of risk and return 461 13.1.2 Portfolios under uncertainty: the production of risk and return 465 13.1.3 Diversification 468 13.1.4 The minimum standard deviation portfolio opportunity set and the efficient set 474 13.1.5 The efficient set when there is a riskless security 476 13.1.6 Market equilibrium, portfolio optimally and the pricing of efficient portfolios 477 13.1.7 Pricing inefficient portfolios and the decomposition of total risk 482 13.2 Asset pricing 489 13.2.1 The capital asset pricing model 489 13.2.2 The multi-factor model 501 13.2.3 The arbitrage pricing model 501 14 Portfolio management 511 14.1 The functions of portfolio management 511 14.2 Assessing the investing client’s utility function 514 14.3 Passive portfolio management 519 14.3.1 Passive portfolio management for an expected utility-maximizing client 519 14.3.2 Passive portfolio management for a safety-first client 521 14.4 Active portfolio management and adjustment 528 14.4.1 Active share portfolio management and adjustment 528 14.4.2 Active treasury portfolio management 537 14.4.3 Active bond portfolio management and adjustment 538 14.5 Mixed active-passive portfolio management 542 14.6 Investment management styles 544 14.6.1 Traditional investment management 545 14.6.2 Quantitative investment management 547 14.7 Recent innovations: hedge funds and bear funds 548 Appendix: Investment-Objectives Questionnaire 550 15 Portfolio performance measurement 559 15.1 The components of portfolio performance measurement 559 15.1.1 Ex post returns 559 15.1.2 Adjusting for risk 562 15.1.3 Benchmarks of comparison 562 15.2 Measures of portfolio performance 564 15.2.1 Performance measures based on risk-adjusted excess returns 564 15.2.2 Performance measures based on alpha values 567 15.3 The decomposition of total return 570 15.4 Treasury performance measurement 574 15.5 Asset-liability managed portfolios 574 15.6 Portfolios containing financial futures and options contracts 578 15.6.1 Individual treatment of futures 578 15.6.2 Individual treatment of options 579 15.6.3 A worked example 580 15.7 Performance measurement with multiple fund managers 586 15.8 The Roll critique of performance measurement 588 15.9 Evidence on the performance of fund managers 588 Appendix: A note on the different uses of the geometric mean and the arithmetic mean 590 16 Hedging and efficient portfolio management 597 16.1 The objective of hedging 597 16.2 Money market hedges 599 16.3 Hedging using futures 601 16.3.1 Hedging with short-term interest rate futures contracts 601 16.3.2 Hedging with stock index futures contracts 604 16.3.3 Hedging with long-term interest rate futures contracts 613 16.3.4 Hedging with currency futures contracts 617 16.4 Hedging using options 620 16.4.1 Hedging with individual stock options contracts 621 16.4.2 Hedging with stock index options contracts 627 16.4.3 Hedging with short-term interest rale options contracts 630 16.4.4 Hedging with long-term interest rate options contracts 631 16.4.5 Hedging with currency options contracts 632 16.5 Hedging with swaps and swaptions 633 16.6 Hedging with FRAs 637 16.7 Hedging with caps, floors and collars 637 16.8 Portfolio insurance 638 16.9 Efficient portfolio management 643 IV Postscript 655 17 The failure of financial markets 659 17.1 The anatomy of the crash 659 17.2 The consequences of the crash 661 17.3 The causes of the crash 663 17.4 Conclusion 669 18 Recent developments in financial market analysis 673 18.1 Value-at-risk analysis 673 18.2 Speculative bubbles 676 18.3 Volatility effects in financial markets 678 18.4 Chaos 682 18.5 Neural networks 693
£39.85
Cambridge University Press Cambridge Igcse Travel and Tourism
Book SynopsisEndorsed by University of Cambridge International Examinations. Cambridge IGCSE Travel and Tourism has been written specifically for the Cambridge IGCSE Travel and Tourism syllabus. Sections have been split into units, each dealing with a particular topic, and are cross-referenced to other units wherever appropriate. This new title contains a wide variety of activities and questions to check and facilitate students'' understanding, as well as case studies and illustrative examples encouraging subject-based knowledge and a truly international approach.
£25.89
iUniverse The Teens Guide to Personal Finance Basic concepts in personal finance that every teen should know
£9.94
HarperCollins If You Made a Million
Book Synopsis
£10.21
Atheneum Books for Young Readers Six Days in October The Stock Market Crash of
Book Synopsis
£19.99
Living Purple Publishing Real Estate 100 The Teen Home Buying Experience
£14.04
Little, Brown Book Group Smart Thinking How to Think Big Innovate and
Book SynopsisDrawing on the latest research into cognitive science, Art Markman shows you how to maximise your capacity to learn and solve problems effectively at home and at work.Think smart people are just born that way? Think again. Art Markman, one of the premier cognitive scientists in this field, demonstrates the difference between raw intelligence and ''smarter'' thinking. Using examples from his own lab and stories from the worlds of business and popular culture, Markman shows it is possible to learn to be a smarter thinker. In doing so, you can reap the benefits in every area of your life. Smart Thinking provides: 1. The means to replace self-limiting habits with new behaviours that foster smart thinking, 2. An understanding of the mind itself as well as memory,3. The ability to define and solve problems more efficiently,4. Ways to present and process information effectively. Using the tools and practical exercises proTrade ReviewIf you want to be more creative, if you want to be an innovator, this is the book for you. * Hara Estroff Marano, Psychology Today *As one of the world's most respected voices in the field of cognitive science, Art Markman has isolated a formula for thinking more effectively. The book is filled with specific suggestions and tips that you can use to create new habits to think better, starting literally from Chapter 1. * Craig B. Wynett, Chief Learning Officer at Procter and Gamble and Dr Mehmet Oz, Professor of Surgery. From the Foreword to Smart Thinking *An essential read for anyone who wants to operate at their best, think outside the box and accomplish whatever goals they set out to achieve. * Sian Beilock, Ph.D., Professor of Psychology at the University of Chicago and author of Choke: What the Secrets of the Brain Reveal About Getting It Right When You Have To *Smart Thinking not only enriches the literature on human thoughts - and its foibles - it takes it to the next level, offering clear prescriptions for how to sharpen memory, analysis and creativity in our daily lives. * Wray Herbert, author of On Second Thought: Outsmarting Your Mind's Hard-Wired Habits *The book is an easy read, though rewards re-reading. Unlike many of these "Think yourself smarter" books, this one has lots of good advice, and feels like it relies on primary sources more than secondary. In fact, I bet I end up reading a lot of what is in this book, taken out of context by "Think yourself successful" gurus. Save time, read it here, at the source.' * Business Traveller *The advice on how to break bad and lazy thinking habits is interesting, and I've already used it to good effect . . . In summary, this is a thought-provoking read. * Stuart Kellock, Business XL *
£8.99
Hachette Children's Group Be A Young Entrepreneur
Book SynopsisInspiring future business leaders by encouraging them to look at business creatively and opportunistically, and building self-esteem along the wayTrade ReviewStarting your ow company doesn't have to be boring and this book is all about inspiring you to think creatively ... A great title for project work or leisure reading and a good link to the curriculum * Parents In Touch *Table of Contents 1: Why be a young entrepreneur? 2: Time to make plans! 3: What business is right for you? 4: Making a lasting impression 5: Spreading the word 6: Understanding finances 7: Growing your business 8: Glossary 9: Index
£9.49
Kingfisher Basher Money How to Save Spend and Manage Your
Book SynopsisEver heard that money makes the world go 'round? It's true! Just try getting anywhere without a little cash in your pocket. But there's more to money than opening a bank account. Take loans and discounts, for example, or wages and pensions, or Bitcoin and bonds. These things could make or break you in the finance world. Want to know more? Just step into Basher's Money. It's full of savvy characters itching to fill you in!Humorous, chatty text, written by economic historian Dr. Jacob Field, makes even the most challenging concepts easily accessible, plus there are eye-opening side stories about the financial system that runs the modern world-all paired with Basher's eye-catching character-based illustrations.
£8.54
Lerner Publishing Group Do I Need It Or Do I Want It
Book Synopsis
£11.62
Candlewick Press,U.S. The History of Money
Book Synopsis
£14.44
Crabtree Publishing Co,US From Oil Rig to Gas Pump Source to Resource
Book Synopsis
£8.54
Crabtree Publishing Co,US From Sunshine to Light Bulb Source to Resource
Book Synopsis
£8.54
Crabtree Publishing Co,US What is Environmental Entrepreneurship Your Start
Book Synopsis
£9.49
Crabtree Publishing Co,US What is Social Entrepreneurship Your Start Up
Book Synopsis
£9.49
Crabtree Publishing Co,US Your Guide to Trade in the Middle Ages
Book Synopsis
£9.49
Moody Publishers Money Matters for Teens Workbook
Book Synopsis
£13.25
Communication Skills
Book SynopsisKnowing how to communicate clearly and effectively in the workplace is one of the keys to career success. This work focuses on the importance of speaking, writing, listening, and conversational skills for thriving in the workplace. It also features useful facts and statistics to help readers with their communication skills.Trade ReviewThe advice is sound and the interactive style will appeal to teens...solid and engaging... - School Library Journal
£22.06
