International Economics / Edition 6

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Overview

International Economics, Seventh Edition is a complete, clear, and updated discussion of international economic concepts. Today, international trade theory and monetary policy are more important to students than ever before. Appleyard, Field, and Cobb cover the emerging issues in the global economy, which enables students to recognize how strongly globalization links countries together in times of recession and prosperity.

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Editorial Reviews

Booknews
A text that is accessible to economics majors; nonmajors, and separate review chapters on micro- and macroeconomic tools make the material useful to a broad audience of students in related subjects. It presents international trade theory and policy and covers the Classical model of trade, the Heckscher-Ohlin model and alternatives, economic integration, the foreign exchange market, and the aggregate demand-aggregate supply framework. Includes biographical boxes, case studies, questions and problems, key terms, and concept checks. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780073375670
  • Publisher: McGraw-Hill Companies, The
  • Publication date: 10/12/2007
  • Edition description: Older Edition
  • Edition number: 6
  • Pages: 832
  • Product dimensions: 8.50 (w) x 10.20 (h) x 1.49 (d)

Table of Contents

Ch. 1 The World of International Economics 3
Pt. I The Classical Theory of Trade 17
Ch. 2 Early Trade Theories: Mercantilism and the Transition to the Classical World of David Ricardo 19
Ch. 3 The Classical World of David Ricardo and Comparative Advantage 29
Ch. 4 Extensions and Tests of the Classical Model of Trade 41
Pt. II Neoclassical Trade History 57
Ch. 5 Introduction to Neoclassical Trade Theory: Tools to Be Employed 59
Ch. 6 Gains from Trade in Neoclassical Theory 81
Ch. 7 Offer Curves and the Terms of Trade 97
Ch. 8 The Basis for Trade: Factor Endowments and the Heckscher-Ohlin Model 121
Ch. 9 Empirical Tests of the Heckscher-Ohlin Theorem 147
Pt. III Alternative Theories and Extensions 161
Ch. 10 Alternative Theories of Trade and Intra-Industry Trade 163
Ch. 11 Economic Growth and International Trade 187
Ch. 12 International Factor Movements 205
Pt. IV Trade Policy 225
Ch. 13 The Instruments of Trade Policy 227
Ch. 14 The Impact of Trade Policies 243
Ch. 15 Traditional Arguments for Protection 273
Ch. 16 "New Protectionist" Approaches to Trade Policy Intervention 289
Ch. 17 Review of Recent U.S. Trade Policy 305
Ch. 18 Economic Integration 321
Ch. 19 International Trade and the Developing Countries 343
Pt. V Fundamentals of International Monetary Economics 369
Ch. 20 The Balance of Payments Accounts 371
Ch. 21 The Foreign Exchange Market 391
Ch. 22 The Monetary and Portfolio Balance Approaches to External Balance 415
Ch. 23 Current Account Adjustments to Balance of Payments Disequilibrium: Price and Income Effects 445
Pt. VI Macroeconomic Policy in the Open Economy 493
Ch. 24 Economic Policy in the Open Economy: Fixed Exchange Rates 495
Ch. 25 Economic Policy in the Open Economy: Flexible Exchange Rates 521
Ch. 26 Prices and Output in the Open Economy: Aggregate Supply and Demand 537
Pt. VII Issues in World Monetary Arrangements 563
Ch. 27 Fixed or Flexible Exchange Rates? 565
Ch. 28 The International Monetary System: Past, Present, and Future 585
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