Background
LUMSDEN, Keith Grant was born in 1935 in Bathgate, W. Lothian, Scotland.
(The text is directed at the users of international logist...)
The text is directed at the users of international logistics services: it covers all of the concepts that are important to managers who are actively exporting or importing goods or are otherwise involved in international trade operations. All of the relevant issues are thoroughly explained, including documentation, terms of payment, terms of trade (Incoterms), exchange rate exposure, international insurance, Customs clearance, agency and distributorship sales contracts, packaging and transportation.
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LUMSDEN, Keith Grant was born in 1935 in Bathgate, W. Lothian, Scotland.
Master of Arts University Edinburgh, 1959. Doctor of Philosophy Stanford University, 1968.
Instructor, Assistant Professor, Association Professor, Research Association, Stanford University,
3,1964-1970,1970-1975,1965-1971. Visiting Professor, Stanford University, Florence, Italy, 1967, Heriot-Watt University, 1969-1970. Consultant, National Institute, Institution Education, United States of America, 1973, Diagramma, Sao Paulo, Brazil, 1974-1976, P. Rowe Consultants, Sydney, 1975, Hewlett-Packard, California, 1975-1980.
Professor of Economics, Director, Esmee Fairbairn Research Centre, HeriotWatt University, Edinburgh, Scotland. Affiliate Professor of Economics, INSEAD Fontainebleau, France, since 1974.
(The text is directed at the users of international logist...)
Most of my work has been concerned with improving economics education. From an early naive view of proposing advanced mathematics as a prerequisite for studying the subject, I progressed from writing programmed texts to teach basic theory more efficiently, to developing case materials to teach the application of theory to real world problems. The introduction of time-sharing computers led to my involvement in macrosimulations.
My other research interests at this time were investigating the effect of right to work laws on unionisation and the economics of shipping.
In 1975 I returned to the United Kingdom to head the Esmée Fairbairn Research Centre concerned with the development and assessment of the efficacy of innovative teaching techniques on different types of students in various institutional settings. The advent of microcomputers persuaded me to devote resources to the software market and we have developed (1) a series of macrosimulations of which Running the British Economy (1981) now has a cult followng in the United Kingdom and is used by thousands of students;
a macroeconomic data base, containing national income related statistics for 25 countries from 1959 to the present
(an annual update service is available) plus a series of utility programs for analysing the data. And (3) simulations of companies for management training.
Many of the above techniques are being combined into distance learning business packaged courses. Current activities include assessing general linear modelling as a superior technique to regression analysis for analysing large heterogeneous data sets, and research on the care of the mentally handicapped.
Occasionally I teach economics to keep in touch with the student population, but most of my teaching is confined to management programmes at the executive level. It is both stimulating and rewarding but has the disadvantage of a heavy international travel schedule.