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Full Description
For courses in international economics.
An introduction to international economics through accessible writing and real-life applications
A principles-level introduction that's accessible to students of all majors, International Economics uses real-life applications to cover both the macro and micro components of international economics. The text illuminates economic institutions and policies, as well as recent developments in the global economy, without requiring the use of higher-level math. In addition, the 8th Edition includes a number of enhancements, such as updated tables and graphs, new case studies, and revised discussion of relevant topics to keep students up-to-speed on the economic world around them.
Contents
PART 1: INTRODUCTION AND INSTITUTIONS
An Introduction to the World Economy
International Economic Institutions Since World War II
PART 2: INTERNATIONAL TRADE
Comparative Advantage and the Gains from Trade
Comparative Advantage and Factor Endowments
Beyond Comparative Advantage
The Theory of Tariffs and Quotas
Commercial Policy
International Trade and Labor and Environmental Standards
PART 3: INTERNATIONAL FINANCE
Trade and the Balance of Payments
Exchange Rates and Exchange Rate Systems
An Introduction to Open Economy Macroeconomics
International Financial Crises
PART 4: REGIONAL ISSUES IN THE GLOBAL ECONOMY
The United States in the World Economy
The European Union: Many Markets into One
Trade and Policy Reform in Latin America
Export-Oriented Growth in East Asia
China and India in the World Economy
