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Appleyard, Field, and Cobbs International Economics, 6th Edition is an International Economics textbook that offers a consistent level of analysis and treatment of the two main subdivisions of international economicsinternational trade theory and policy and international monetary theory and policy. Comprehensive and clear, the text helps students move beyond recognition toward an understanding of current and future international events. As with each prior edition, the authors provide current and timely information on the wide variety of international economic phenomena in the 6th Edition. New boxed items were added to cover emerging issues in the global economy. Chapter material was updated to include recent developments in U.S. trade policy, major changes in the European Union, progress in the transition from command to market economies, and special issues related to developing nations. These improvements are designed to help readers both understand and appreciate the growing importance of the global economy in their lives.
Table of Contents
|The World of International Economics|
|Early Trade Theories: Mercantilism and the Transition to the Classical World of David Ricardo|
|The Classical World of David Ricardo and Comparative Advantage|
|Extensions and Tests of the Classical Model of Trade|
|Introduction to Neoclassical Trade Theory: Tools to Be Employed|
|Gains from Trade in Neoclassical Theory|
|Offer Curves and the Terms of Trade|
|The Basis for Trade: Factor Endowments and the Heckscher-Ohlin Model|
|Empirical Tests of the Factor Endowments Approach|
|Post Heckscher-Ohlin Theories of Trade and Intra-Industry Trade|
|Economic Growth and International Trade|
|International Factor Movements|
|The Instruments of Trade Policy|
|The Impact of Trade Policies|
|Arguments for Interventionist Trade Policies|
|Political Economy and Recent U.S. Trade Policy|
|International Trade and the Developing Countries|
|The Balance of Payments Accounts|
|The Foreign Exchange Market|
|International Financial Markets and Instruments: An Introduction|
|The Monetary and Portfolio Balance Approaches to External Balance|
|Price Adjustments and Balance of Payments Disequilibrium|
|National Income and the Current Account|
|Economic Policy in the Open Economy: Fixed Exchange Rates|
|Economic Policy in the Open Economy: Flexible Exchange Rates|
|Prices and Output in the Open Economy: Aggregate Supply and Demand|
|Fixed or Flexible Exchange Rates?|
|The International Monetary System: Past, Present, and Future|
|Table of Contents provided by Publisher. All Rights Reserved.|