Globalization is the process of increased interconnectedness among countries. The prosperous economic development that is typically gained because of the increased interconnectedness among countries usually results in a better standard of living, and an overall improved quality of life. The...

A new economic revolution liberating financial markets? Seeks to answer some of the questions driving the existential crisis embroiling finance: What is currency? What is value? What is a business? What is a bank, even?This article discusses how regulatory reform, transformative technologies,...

This short case introduces accounting and finance students and practitioners to bank accounting for derivatives using Goldman Sachs 2013 financial statements as an illustrative case. The technical knowledge assumed is very basic. We begin with the basic accounting equation of assets =...

Daily use of mobile devices has become one of many living standards. The number of Internet users is increasing annually. Along with the mobile devices rising number, the need for responsive design also rises. The purpose of this research is threefold: firstly, to clarify, secondly, to explore,...

This paper explores the synchronicity of two mega-crises we are now facing: The BP oil spill and the repercussions of the 2008 financial meltdown. It examines some key common threads in both of these crises. The overarching message is that firms must maintain a culture of social responsibility,...

The complexity of the global financial crisis beginning 2007 has challenged professionals. For students, the crisis's interconnected elements, covered in multiple courses and the concepts of derivatives central to it, are overwhelming. Providing short answers to their questions often creates...

In recent decades, there have been concerns within the economics profession about the narrowness in both graduate and undergraduate economics programs. These concerns have been based on the view that economic phenomena can be the subject of many modes of explanation, each based on a particular...

The globalization of the world economy has increased interest in internationally recognized finance designations, which serve as external validation of expertise and are routinely used in hiring and promotion decisions. To help students, finance professors, career advisors, and practitioners...

This case explores the increasing demand for international health care tourism. As the price of health care increases in the United States, and as increasing numbers of American become uninsured, many Americans are opting for health care procedures outside the United states. The case addresses...