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International Economics,9780078021671
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International Economics

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This is the 8th edition with a publication date of 1/16/2013.
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Appleyard and Field's International Economics offers a consistent level of analysis and treatment of the two main subdivisions of international economics—international trade theory and policy and international monetary theory and policy. Comprehensive and clear, International Economics helps students move beyond recognition toward an understanding of current and future international events. 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


1. The World of International Economics


2. Early Trade Theories: Mercantilism and the Transition to the Classical World of David Ricardo

3. The Classical World of David Ricardo and Comparative Advantage

4. Extensions and Tests of the Classical Model of Trade


5. Introduction to Neoclassical Trade Theory: Tools to Be Employed

6. Gains from Trade in Neoclassical Theory

7. Offer Curves and the Terms of Trade

8. The Basis for Trade: Factor Endowments and the Heckscher-Ohlin Model

9. Empirical Tests of the Factor Endowments Approach


10. Post Heckscher-Ohlin Theories of Trade and Intra-Industry Trade

11. Economic Growth and International Trade

12. International Factor Movements


13. The Instruments of Trade Policy

14. The Impact of Trade Policies

15. Arguments for Interventionist Trade Policies

16. Political Economy and U.S. Trade Policy

17. Economic Integration

18. International Trade and the Developing Countries


19. The Balance-of-Payments Accounts

20. The Foreign Exchange Market

21. International Financial Markets and Instruments: An Introduction

22. The Monetary and Portfolio Balance Approaches to External Balance

23. Price Adjustments and Balance-of-Payments Disequilibrium

24. National Income and the Current Account


25. Economic Policy in the Open Economy Under Fixed Exchange Rates

26. Economic Policy in the Open Economy Under Flexible Exchange Rates

27. Prices and Output in the Open Economy: Aggregate Supply and Demand


28. Fixed or Flexible Exchange Rates?

29. The International Monetary System: Past, Present, and Future

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