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International Economics,9780073511344
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International Economics

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This is the 7th edition with a publication date of 10/1/2009.
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Appleyard, Field, and Cobb's International Economics 7e text 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. As the authors write this edition, the world has become painfully aware that increased globalization links countries together strongly in times both of recession and prosperity. The growing awareness of the importance of international issues is also evidenced in increased student interest in such issues, particularly those related to employment, international working conditions, and equity.Comprehensive and clear, International Economics helps students move beyond recognition toward an understanding of current and future international events. As with each prior edition, the authors provide a clear and comprehensive text that will help students move beyond simple recognition of international issues toward a level of understanding of current and future international developments that will be of use to them in analyzing the problem at hand and selecting a policy position. New improvements covering the emerging issues in the global economy 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
The Classical Theory of Trade
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
Neoclassical Trade Theory
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
Additional Theories and Extensions
Post-Heckscher-Ohlin Theories of Trade and Intra-Industry Trade
Economic Growth and International Trade
International Factor Movement
Trade Policy
The Instruments of Trade Policy
The Impact of Trade Policies
Arguments for Interventionist Trade Policies
Political Economy and U.S. Trade Policy
Economic Integration
International Trade and the Developing Countries
Fundamentals of International Monetary Economics
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
Macroeconomic Policy in the Open Economy
Economic Policy in the Open Economy Under Fixed Exchange Rates
Economic Policy in the Open Economy Under Flexible Exchange Rates
Prices and Output in the Open Economy: Aggregate Supply and Demand
Issues in World Monetary Arrangements
Fixed or Flexible Exchange Rates?
The International Monetary System: Past, Present, and Future
References for Further Reading
Photo Credits
Table of Contents provided by Publisher. All Rights Reserved.

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