May 1, 2019
Ursuline College Professor Rosemarie Emanuele, PhD, has co-authored a textbook, “Economics for Nonprofit Managers and Social Entrepreneurs: Thinking at the Margin,” recently released by London-based Edward Elgar Publishing.
The book is the second edition of what was the world’s first textbook in nonprofit economics. This edition includes new sections on risk analysis, behavioral economics, game theory, and an appendix, largely written by Emanuele, on statistics, calculus and econometrics.
“Some of the ideas in this book I’ve covered in my MBA class, Socially Conscious Managerial Economics, which is a managerial economics class with discussions that revolve around socially conscious issues,” Emanuele said.
More than three years ago, knowing the original nonprofits economics textbook was out of date, Emanuele approached the original authors, Dennis Young and Richard Steinberg, and another economist, Walter O. Simmons, about writing on a new edition.
According to the publisher, “'Economics for Nonprofit Managers and Social Entrepreneurs' shows how economics contributes to better managerial decisions on social matters.”
In addition to collaborating with her colleagues throughout the book, Emanuele sketched the cartoons at the start of each chapter. Her co-authors provided economics jokes and she drew the cartoons to illustrate them. One shows children standing by a lemonade stand with a sign, “Lemonade 25 cents, no charge for sunshine,” referring to the economic principal that sunshine is a public good. “Cartooning is my new career,” Emanuele quipped.
“Ursuline College students are very fortunate to have a faculty member who remains current in the field of economics,” said James Connell, PhD, dean of Ursuline’s School of Graduate and Professional Studies. “Dr. Emanuele draws from a depth of knowledge, especially related to socially conscious business practices.”
Emanuele is in her twenty-first year of teaching at Ursuline. She teaches both undergraduate and graduate business courses and statistics in both the Business and Mathematics Departments. She earned a BA in economics at Georgetown University and a PhD in economics at Boston College. Her dissertation is titled “The Demand for Volunteer Labor under Impure Altruism: An Inquiry into Demand-Side Behavior by Nonprofit Organizations.” Emanuele’s published research has appeared in refereed journals.
Until recently and for nine years, she contributed to a popular blog on the website Inside Higher Ed titled “Mama Ph.D.”
