How to Survive Your PhD

How to Survive Your PhD 

By: Jason R. Karp

When I was in high school, my electronics teacher had a silly, fortune-cookie saying to remind his students not to touch electrical wires with two hands and risk shock: “One hand in pockey, no get shockey.” Like touching wires with both hands, there’s a wrong way to do almost everything. For example, going down a park slide head first, throwing a paper airplane at your high school teacher, and not buying your twin brother a birthday present, instead claiming that you forgot his birthday, would all be considered by most as errors in judgment. I’ll be the first to admit I don’t always make the best decisions; but I’ve learned a great deal from my mistakes and, hopefully, you can, too. Life, as we all know, is full of choices. Some choices are big (like where you attend college, who you marry, whether or not you have kids), but some choices are small (like which movie you see, whether you buy a microwave at Target or Walmart,… [download]  

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Everyday Economics

Everyday Economics 

By: Lawrence H. Officer 

This book is for Everyman and Everywoman: Economics is for everyone. It is for people like you educated, intelligent, and aware who want to understand the world better and want to make the best decisions in their daily lives. That is why the book is called  everyday Economics.Many people think of economics as a dry, scholarly subject. But that is not the economics of this book. If life is exciting, then economics is exciting. If you want a better life, then economics is for you. You don’t have to be an economist to understand how economics affects you. You don’t have to be an economist to use economics to improve your life. Everyday Economics gives you an engaging way of looking at the world, and gives you practical advice on making financial decisions. [download]

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Entrepreneurship and Small Business

Entrepreneurship and Small Business 

By: Paul Burns

This book is about the dominant form of business on this planet the small firm. It looks at how firms develop from start-up, sometimes to grow, sometimes to fail, but mainly to stagnate. It looks at their contribution to society. It looks at their defining characteristics how they are not just scaled-down versions of large firms. It looks at how they go about business and the problems they face. It looks at family firms and the added complexity this brings. The book is also about owner-managers and, most interesting of all, entrepreneurs. It is about what motivates them to do what they do their personal and family influences. It is about how they go about the task of management making decisions, balancing risk and return and how they are different to managers in large firms. It is about how they must develop and change as the firm grows. It is about how certain defining characteristics they possess shape and define the business they run for good or ill. [download]

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Famous First Bubbles

Famous First Bubbles

By: Peter M. Garber 

The Dutch tulipmania, the Mississippi Bubble, the South Sea Bubble these are always invoked with every outbreak of great financial instability. So implanted are they in our literature, that they are now used more as synonyms for financial instability than as references to the particular events themselves. Along with words such as herding and the newly popular irrational exuberance, they now dominate the policymaking, academic rhetoric, and market commentary on the crisis years of 1997, 1998, and 1999. In general, these events are viewed as outbursts of irrationality: self-generating surges of optimism that pump up asset prices and misallocate investments and resources to such a great extent that a crash and major financial and economic distress inevitably follow. [download]

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Digitalization in Open Economies

Digitalization in Open Economies

By: Michael Vogelsang

Long economic waves, also called Kondratiev waves, are related to inventions and technologies, which change not only production processes but also the way of living. After the steam, steel, electricity, and petrochemical revolutions, network-based digitalization is the driving force today on the stage of business and private life. The Internet as a mass phenomenon, which began in the 1990s, allows easy and cheap connection of information technology systems. The next steps of technological progress as well as innovations in business and social life rely on information technology. As Nefiodow (2001) puts it: The 6. Kondratiev wave, which could be health and bioengineering, will be based on today’s 5. Kondratiev wave, which is information technology. Atechnological prerequisite of these developments is digitalization,whichmeans the expression of information in strings of 0 and 1, called binary or digital strings. [download]

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Corporate Finance

Corporate Finance 

By: Pascal Quiry and Maurizio Dallocchio

The primary role of the financial manager is to ensure that his or her company has a sufficient supply of capital. The financial manager is at the crossroads of the real economy, with its industries and services, and the world of finance, with its various financial markets and structures. There are two ways of looking at the financial manager’s role: • a buyer of capital who seeks to minimise its cost, i.e. the traditional view; • a seller of financial securities who tries to maximise their value. This is the view we will develop throughout this book. It corresponds, to a greater or lesser extent, to the situation that exists in a capital market economy, as opposed to a credit-based economy. At the risk of oversimplifying, we will use the following terminology in this book: • the financial manager or chief financial officer (CFO) is responsible for financing the firm and acts as an intermediary between the financial system’s institutions and markets, on the one hand, and the enterprise, on the other; [download]

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