Retail Buying or Economic Policy Modelling for India

Retail Buying

Author: Jay Diamond

 

This edition has been completely updated, and features and two new chapters that bring the materials up-to-date.  It is an essential read for those entering the field of retail buying and merchandizing.

 

THE NEW CHAPTERS ARE:

 

• Multiculturalism:  Assessing the Product Needs of America’s Major Ethnicities. 

Buyers and merchandisers must assess the demographics of the various ethnicities to make concrete buying decisions.  Also addressed are the different product classifications and how these consumer groups go about purchasing them.

•  The Importance of Business Etiquette When Purchasing in Global Markets.

Buyers must be knowledgeable in terms of etiquette when going offshore to meet with the sellers of different products.  Attention to this will more than likely render the best terms for the retail merchandising team.

  

Included with this text is a DVD containing a two-part production providing an on-site view of purchasing, planning, and buying,  The action progresses from the stages of a buyer planning the purchase, through the buyer visiting the wholesale market, featuring many of the stops made in finalizing the purchase.  Thefootage for the DVD was created in various buyers’ premises including the New York City Garment Center, a resident buying office, in showrooms, and in other real-life settings.

Booknews

Standard textbook for undergraduate students. Presents buying and merchandising patterns of both small and large retail organizations. No bibliography. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Interesting textbook: Buy Gold Now or Empire

Economic Policy Modelling for India

Author: V Pandit

This volume applies modern quantitative techniques to the meaningful analysis of economic policy, economic forecasting, and scientific quantification of economic relationships.
The essays deal with issues in policy modelling for the Indian economy with respect to: price behaviour, growth scenarios, monetary policy, business cycles, debt management, exchange rate and trade flows, and consumption behaviour. In highlighting effective macroeconomic modelling techniques from a policy perspective, the volume enables convergence between professional economists and policy-formulators. This ensures meaningful application of econometric methodology to a spectrum of policy themes resulting in more reliable effective, and sustainable solutions.
The principal economy-wide modelling techniques the volume focuses on include: structural modelling, spectral analysis, optimal control, coincident indicators, and the latest extension of almost ideal demand systems (AIDS). Presenting an overview of the developments in the field of structural macroeconometric modelling in India in the last two decades, the contributors encapsulate the diverse methodologies used as well as the empirical results generated.
This book is of contemporary relevance to the new policy regime geared for globalization. It firmly sends out the message that in an era of increasingly dynamic market structures, it is necessary to quantify behavioural patterns and adjustment processes rather than relying on rules of thumb and casual empiricism.

Contributors include Nobel Laureate Lawrence Klein, Jan Tinbergen, D M Nachane, and winner of the Mahalanobis Memorial National Award M J Manohar Rao, among others.

Table of Contents:

	List of Contributors
	List of Tables
	List of Figures
	List of Abbreviations
	Overview	1
1	Economic Stabilization Policy: Pitfalls of Parsimonious Modelling	8
2	Macroeconometric Modelling for India: A Review of Some Analytical Issues	18
3	Policies for Stability and Growth: Experiments with a Comprehensive Structural Model for India	38
4	Designing Adjustment Policies with Growth for India: An Optimal Control Framework	110
5	Concident Index, Business Cycles, and Growth Rate Cycles: The Case of India	134
6	Have Monetary Policy Lags Changed in the Post-Liberalization Period in India?	158
7	Macroeconomic Policy Modelling for the Indian Economy Using a Financial Programming Approach	175
8	Exploring the Role of Maturity in Debt Management: The Indian Evidence	201
9	State-Level Food Demand in India: Some Evidence on Rank-Three Demand Systems	228
10	Economy-wide Structural Modelling: The Changing Perspectives	249