International Economics

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  • Edition: 16th
  • Format: Hardcover
  • Copyright: 1/16/2015
  • Publisher: McGraw-Hill Education

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International Economics, 16e continues to combine rigorous economic analysis with attention to the issues of economic policy that are alive and important today in this field. Written in a concise and readable format, Pugel uses economic terminology when enhancing the analysis so that the reader can build their understanding of global economic developments and evaluate proposals for changes in economic policies. The text is informed by current events and includes the latest in applied international research, all the time avoiding jargon for jargon’s sake. Like earlier editions, Pugel also places international economics events within a historical framework. The overall treatment continues to be intuitive rather than mathematical and is strongly oriented towards policy.

International Economics is thoroughly integrated with the adaptive digital tools available in McGraw-Hill’s LearnSmart Advantage Suite, proven to increase student engagement and success in the course.

Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.

Table of Contents

Chapter 1: International Economics Is Different

Part I: The Theory of International Trade

Chapter 2: The Basic Theory Using Demand and Supply

Chapter 3: Why Everybody Trades: Comparative Advantage

Chapter 4: Trade: Factor Availability and Factor Proportions Are Key

Chapter 5: Who Gains and Who Loses from Trade?

Chapter 6: Scale Economies, Imperfect Competition, and Trade

Chapter 7: Growth and Trade

Part II: Trade Policy

Chapter 8: Analysis of a Tariff

Chapter 9: Nontariff Barriers to Imports

Chapter 10: Arguments For and Against Protection

Chapter 11: Pushing Exports

Chapter 12: Trade Blocs and Trade Blocks

Chapter 13: . Trade and the Environment

Chapter 14: Trade Policies for Developing Countries

Chapter 15: Multinationals and Migration: International Factor Movements

Part III: Understanding Foreign Exchange

Chapter 16: Payments Among Nations

Chapter 17: The Foreign Exchange Market

Chapter 18: Forward Exchange and International Financial Investment

Chapter 19: What Determines Exchange Rates?

Chapter 20: Government Policies Toward the Foreign Exchange Market

Chapter 21: International Lending and Financial Crises

Part IV: Macro Policies for Open Economies

Chapter 22: How Does the Open Macroeconomy Work?

Chapter 23: Internal and External Balance with Fixed Exchange Rates

Chapter 24: Floating Exchange Rates and Internal Balance

Chapter 25: National and Global Choices: Floating Rates and the Alternatives

Appendix A: The Web and the Library: International Numbers and Other Information

Appendix B: Deriving Production-Possibilities Curves

Appendix C: Offer Curves

Appendix D: The Nationally Optimal Tariff

Appendix E: Accounting for International Payments

Appendix F: Many Parities at Once

Appendix G: Aggregate Demand and Aggregate Supply in the Open Economy

Appendix E: Devaluation and the Current Account Balance

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