Sunday, 5 June 2011

Sunday Papers

The evidence that the MBA is having impact is accumulating. I no longer ditch the business sections from the Sunday papers (although the sports section still hits the floor).

Take today for example. I'm just into the revision zone between the recently completed third residential MBA module and exams (five 2-3 hour degree 'final' style exams looming in mid-July). I'm on a long train journey from Scotland to London, and have spent the last couple of hours practising 'flexing budgets' in preparation for the inevitable exam question. I pick up a paper to relax, and find myself reading about revaluation of the yuan. And enjoying it.
 
It's not as if I actively avoided economics until now; it's just there wasn't much call for it during a neuroscience PhD. But I am really interested in how economic models could apply to the Third Sector. Clearly you handle profit differently if you are a firm compared to a not-for-profit organisation investing funds raised into good causes.

So I'm adding charity economics to my summer, post-exam reading list. If you have any good examples of books/papers/blogs on the subject I'd love to hear them.