My Review for - Cengage Advantage Books: Essentials of Business Law

The Lowest Price we could find is $149.95 $133.98

No other text conveys such a passion for this profoundly important discipline. Delivering the material in their signature engaging style, the authors pepper their writing with a focus on human conflict that illustrates business law from the lawyer's perspective. While more brief than the traditional business law text, ESSENTIALS OF BUSINESS LAW, 4TH Edition provides solid coverage of the core topics, especially contracts, and meets all AACSB curriculum standards.

Review:

Book did not match ISBN number, not even the same book in the picture used in the description. Seller will not respond to emails. Trying to file a claim to get my refund through Amazon. Do not use this seller. Very frustrating.

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Question/Answer: I'm thinking of buying a book for our new president, which one should I buy him?

I was looking through some old posts and found this question. I thought it was a good one so I wanted to post an answer here. The question comes from 'DarkOmen':

http://www.amazon.com/Economics-Dummies-Sean-Masaki-Flynn/dp/0764557262/ref=s... http://www.amazon.com/English-Grammar-Dummies-Geraldine-Woods/dp/0764553224/r...://www.amazon.com/Abortion-Unborn-Human-Life-Patrick/dp/0813208467/ref=sr_1_4?ie=UTF8&s=books&qid=1241016672&sr=1-4

Answer: When dealing with liberals you have to start with the basics, i recommend.http://www.amazon.com/Everyone-Poops-My-Body-Science/dp/192913214X/ref=sr_1_1?ie=UTF8&s=books&qid=1241017059&sr=8-1

Tagged:Politics

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First Looks: Economics of Strategy

The Lowest Price we could find is  $85.00

In today's global recession, strong management of firms and organizations are of the utmost importance. Best-selling Economics of Strategy focuses on the key economic concepts students must master in order to develop a sound business strategy. Bringing economic theory and strategic analysis to life in an engaging and uniquely modern way, Besanko et al. have collaborated for over 15 years to build an introductory business course that combines basic concepts from economic theory of the firm and industrial organization with ideas from modern strategy literature.

The newly revised 5th edition offers more real-world applications to make materials studied in undergraduate Managerial Economics, Business Strategy, and Industrial Organization courses relevant. Armed with general principles, today's studentstomorrow's future managerswill be prepared to adjust their firms' business strategies to the demands of the ever-changing environment.

Review:

I teach strategic management to undergraduates at an Australian university and have used the 2nd and 3rd editions of this book in the past three years to supplement the theory from our prescribed texts. It is heavy going in some places for the students but I like the book's rigour. The only criticism I have is that the 4th edition I just received has some minor errors. For example, pages 20-21 in the "Economic Profit versus Acccounting Profit" section has errors in the figures quoted for economic profit for McDonalds and Starbucks. I think this has occured because the 3rd edition figures have been carried over to the 4th edition without a proper proof-reading. Another minor mistake is that Table 10.2 (page 329) should read "Five-Forces Analysis of the Commercial Aciation Industry" and not "Five-Forces Analysis of the Chicago Hospital Market". Sorry to be pedantic but I guess these things can detract from the perceived quality of an otherwise top-quality text. Please note I will be buying your next edition in a couple of years. Cheers from "DownUnder Australia!"

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My Answer To The Question - Economics - Empirical methods help - Interpret coefficients?

Here's a good question from IAmLegendary with an even better answer, enjoy:

Yi = B0 + B1Xi + B2D2i + B3D3i + ui ,where is monthly income of graduates; X is years of experience; D2 is a dummy variable which is equal to 1 for Economics majors and 0 otherwise; and D3 is also a dummy variable which is equal to 1 for Finance majors and 0 otherwise.a)What signs would you expect for the various coefficients? Explain your answer.b)If B2 > B3 what would you conclude?c)Using a sample of 150 observations you obtained the following results:Yi = 950 + 98Xi + 224D2i + ui (340) (33) (140) (99)R2 = 0.63 (Figures in brackets are standard errors).i)Interpret the estimated coefficients of the regression.ii)Derive the regression equations for the three groups.iii)Show the three equations on a graph.iv)Given a critical value of 1.645 for the t statistics at the 5% level of significance, what can you conclude about the income differences between the three groups of graduates?

Answer: http://www.google.co.uk/search?q=Interpret+coefficients&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

Tagged:Homework Help

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An Honest Review for 'Beginners Guide To Stock Market Investing'

Best Price $0.99

If your new to stock market investing and want to learn the basics of stocks, how to buy stocks, and invest for profits this book is for you.

If your new to stock market investing and want to learn the basics of stocks, how to buy stocks, and invest for profits this book is for you.

Review:

I new very little about investing in stocks before reading this book. I learned about different stock index's, what the stock index's represent, the different types of stocks and how they react and move based on the numbers,etc.

I especially liked the section on how to read individual stock stats and understand what it means. It also shows you where to open a stock brokerage accounts that charge less than $5/trade.

I finally made my first stock buys and it was very easy to do online. This book took the fear out of investing in stocks for me. Very useful information.

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Video To Watch 'Dr. Subramanian Swamy in NJ - Part 1'

I thought this was pretty interesting and wanted to share it with my readers


Author's Description:

Subramanian Swamy, a visiting professor at Harvard, former Union Cabinet Minister is renowned prosecutor against plunder of India by those at high He attended Hindu College, University of Delhi from where he earned his Bachelor's He studied his masters degree in statistics at the Indian Statistical He then went to study at Harvard University on a full Rockefeller He did his doctoral research with two Nobel Laureates namely Simon Kuznets and Paul A Swamy has also jointly authored with Professor Samuelson a path breaking study on Index Number He was awarded a in Economics by Harvard University (Class of

People
Tagged with: Dr. Subramanian Swamy, Dr. Swamy

This video has had 200 views and is 147 seconds in length


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A Review for - Managerial Economics: Applications, Strategy and Tactics (with InfoApps 2-Semester Printed Access Card)

The Lowest Price we could find is $245.95 $124.94

Packed with powerful examples from actual managers, MANAGERIAL ECONOMICS, 12e teaches you how to think analytically -- and make better business decisions. Written by a seasoned and well-respected author team, Managerial Economics equips readers with the economic tools to avoid analytic pitfalls and become more effective managers. Drawing from more than 300 real-world applications, the authors illustrate how actual managers apply economic theories and techniques to solve real business problems. Current, comprehensive, and cutting edge, this new edition includes extensive coverage of the latest analytical tools in managerial economics, including game-theoretic tactics, information economics, and organizational architecture. It also offers exceptional coverage of "green" businesses and business developments taking advantage of environmentally-friendly practices and product needs. The text caters to a variety of learning styles as it presents key analytical concepts in several ways, including tabular analysis, graphical analysis, and algebraic analysis. Students learn in a format with which they are comfortable, making difficult material more accessible and easier to understand.

Review:

I used this book for the Managerial Economics course at Universidad Simón Bolívar. This book is an excellent aid for students and is plenty of practical examples. Every theoric explanation is followed by one or two examples. This makes it very easy to understand the concepts and to learn how to use them in practics. The ideas are exposed in a very clear way, what makes this book easy to read even if you don't have previous knoledge of microeconomics.

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My Review for - Economics

The Lowest Price we could find is  $14.00

Samuelsons 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.

Review:

This book is filled with ideology. The authors -although one of them is a Nobel laureate seem not to understand Adam Smith.
From the first page on they make the case for massive government intervention. They go so far as to say that government intervention
1. increases efficiency (sic!) - although they don't explain how,
2. promotes equity by PROMOTING COMPETION - how would a government EVER do that and not the opposite? Governments intervene because they DON'T WANT COMPETITION, and that
3. Government intervention fosters macroeconomic stability-REDUCING UNEMPLOYMENT AND INFLATION (sic!!).
Goverments are the very ones who cause inflation by uncontrolled increase of money supply (printing money out of thin air) and they cause unemployment by putting massive burdens on businesses...of course only to achieve "social equity." What Interventionists don't understand is that by putting heavy tax burdens and legal restrictions on businesses they harm the very consumer whom they say they want to help. What do we think, who pays the additional tax burden and the cost for all government regulation...it's us again - with higher prices for the products. How naive are we?

I agree that the book is didactically extremely well written but that's exaclty what makes it so dangerous. It overall seems to represent a neo-Marxist worldview. I would read von Mises Human Action: A Treatise on Economics, Murphy The Politically Incorrect Guide(tm) to Capitalism (Politically Incorrect Guides), Gwartney Common Sense Economics: What Everyone Should Know About Wealth and Prosperity or Hayek The Road to Serfdom: Text and Documents--The Definitive Edition (The Collected Works of F. A. Hayek) as a "counterweight."

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Answer to the question: Day 16: Virginia's and New Jersey's unemployment continue to soar; Why aren't the tax cuts working?

You guys might also have this question so I'm posting it here with a good answer too. It comes from 'Almighty Crapital' who asks:

Why haven't McDonald's or Chrissie's economic plan worked in those states?I will tell you why: Because watching the rich stuff their stolen/exploited/blood money into their mansion walls for insulation doesn't do shiot for the economy.Economics for dummies (cons).Jo, great idea - fits my description as an R-Retard Coburn from OK dudn it?how did I know you would all whine about their predecessors? It is their economies now. Time to move on.

Answer: Where are all of those shovel ready jobs?And is the Obama admin. still claiming they created jobs in districts that don't exist? For example they claimed they created 50+ jobs Phoenix Arozonia's 15 district when they only have 8. This admin. is a total sham!

Tagged:Politics

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A Reader's Question - Where can I get a primer on the economics of international currencies?

I thought I'd post this question from JRussell since a lot of people seem to be asking it lately:

I took some economics in college & like to think I have a better understanding of macro than the average person, but I have never felt like I grasped how currencies are valued & exchanged. (For example, what does it mean when a country devalues [or refuses to devalue] its currency? Why is the value not set by demand, so it would not be up to the individual country?) I know this is too complex to answer here, but can you recommend a book or other source understandable to an amateur? Economics books tend to focus on prices etc within one country, and pertinent sources I have found just make my head hurt. Has anyone written an "arbitrage for dummies" version? Thank you.

Answer: If you can, take another course at the university. I did one called International Trade, a four hundred level, which cleared that all up very well for me. Before I'd have to sit down and just think think think before I could figure it out. But anyways, deliberate devaluing is a fixed currency thing only. For example, China's currency is far devalued compared to what it should be by supply/demand terms because they want to maintain trade competitiveness, but in order to hold the fix the central bank needs to buy up foreign currency (mostly USD) to balance it out. They're essentially filling the difference between demand and supply to maintain that desired level by buying/selling US treasuries. Countries like America and Canada, however, under a floating system have values that are set by the international market.As far as devaluing goes, thats typically when a fixed rate goes bad (ie Mexico). It is no longer feasible for the economy to hold their unit as high as it was (say...$1/peso), so they need to devalue the currency as a whole (to say 0.50$ a peso. Or 2 peso's to buy one USD vs. the one-to-one before). if nobody in the international community thinks a peso is worth 1USD, they won't buy it and the economy will crash. so instead, they devalue to what is deemed fair. the now cheaper domestic currency is again trade competitive.ultimately, devaluations have been an omen of a failing peg, and the economy will soon need to just set a float or else dollarize. very few nations can pull off the peg.

Tagged:Economics

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