A comprehensive analysis of the macroeconomic and financial forces altering the economic landscape. Financial decision-making requires one to anticipate how their decision will not only affect their business, but also the economic environment. Unfortunately, all too often, both private and public sector decision-makers view their decisions as one-off responses and fail to see their decisions within the context of an evolving decision-making framework.
In Decision-Making in a Dynamic Economic Setting, John Silvia, Chief Economist of Wells Fargo and one of the top 5 economic forecasters according to Bloomberg News and USA Today, skillfully puts this discipline in perspective.
Decision-Making in a Dynamic Economic Setting details the real-world application of economic principles and financial strategy in making better business decisions.
Contents - Chapter 1 Dynamic Decision Making
- Chapter 2 Measuring Economic Benchmarks
- Chapter 3 Cyclical and Structural Change
- Chapter 4 Economic Dynamism: Growth and Overcoming the Limits of Geography
- Chapter 5 Information: Competitive Edge in the Twenty-First Century
- Chapter 6 Risk Modeling and Assessment
- Chapter 7 Money, Interest Rates, and Financial Markets
- Chapter 8 Strategy, Risk, Uncertainty, and the Role of Information
- Chapter 9 Capital Markets: Financing Operations and Growth
- Chapter 10 Financial Ratios: The Intersection of Economics and Finance
- Chapter 11 Fiscal Policy as Agent of Change
- Chapter 12 Global Capital Flows: Financing Growth, Creating Risk and Opportunity
- Chapter 13 Innovation and Its Role in Economics and Decision Making
- Appendix: The Hodrick-Prescott Filter
- Appendix: Autoregressive Conditional Heteroscedasticity (ARCH)
- About the Author
- What’s on the Companion Web Site
- Index
Key Features
- Details realistic, decision-making approaches and applications under a broad set of economic scenarios.
- Analyzes monetary policy and addresses the impact of financial regulations.
- Examines business cycles and how to identify economic trends, how to deal with uncertainty and manage risk, the building blocks of growth, and strategies for innovation.
About the Author
- John E. Silvia is the Chief Economist of Wells Fargo. He has previously worked on Capitol Hill as senior economist for the U.S. Senate Joint Economic Committee and chief economist for the U.S. Senate Banking, Housing and Urban Affairs Committee. Silvia teaches in the Wake Forest MBA program, serves as a member of the Blue Chip Panel of Economic Forecasters, and is on an informal advisory group for the Federal Reserve Bank of Philadelphia.
Book Details
- Hardcover: 381 pages
- Publisher: Wiley; 1 edition (August 9, 2011)
- Language: English
- ISBN-10: 0470920513
- ISBN-13: 978-0470920510
- Product Dimensions: 9.1 x 6.4 x 1.4 inches
List Price: $70.00