International Economics: Theory and Policy, Global Edition

For courses in international economics, international finance, andinternational trade.   A balanced, global approach to economic theory and policyapplications International Economics: Theory and Policy providesengaging, balanced coverage of the key concepts and practical applications oftheory and policy around the world. Divided into two halves, with the firstdevoted to trade and the second to monetary questions, the text provides anintuitive introduction to theory and events as well as detailed coverage of theactual policies put into place as a response. In the 12th edition,important economic developments are highlighted, with many lessons drawn fromthe recent COVID-19 pandemic experience. Using examples like these, the textequips students with the intellectual tools for understanding the changingworld economy and economic implications of global interdependence

.※ 본 도서는 대학 강의용 교재로 개발되었으므로 연습문제 풀이는 제공하지 않습니다. 

1. Introduction

PART ONE: INTERNATIONAL TRADE THEORY
2. Word Trade: An Overview
3. Labor Productivity and Comparative Advantage: The Ricardian Model
4. Specific Factors and Income Distribution
5. Resources and Trade: The Heckscher-Ohlin Model
6. The Standard Trade Model
7. External Economies of Scale and the International Location of Production
8. Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises

PART TWO: INTERNATIONAL TRADE POLICY
9. The Instruments of Trade Policy
10. The Political Economy of Trade Policy
11. Trade Policy in Developing Countries
12. Controversies in Trade Policy

PART THREE: EXCHANGE RATES AND OPEN-ECONOMY MACROECONOMICS
13. National Income Accounting and the Balance of Payments
14. Exchange Rates and the Foreign Exchange Market: An Asset Approach
15. Money, Interest Rates, and Exchange Rates
16. Price Levels and the Exchange Rate in the Long Run
17. Output and the Exchange Rate in the Short Run
18. Fixed Exchange Rates and Foreign Exchange Intervention

PART FOUR: INTERNATIONAL MACROECONOMIC POLICY
19. International Monetary Systems: A Historical Overview
20. Financial Globalization: Opportunity and Crisis
21. Optimum Currency Areas and the Euro
22. Developing Countries: Growth, Crisis, and Reform