An Introduction to International Economics: New Perspectives on the World EconomyThis book is designed for a one-semester or two-semester course in international economics, primarily targeting non-economics majors and programs in business, international relations, public policy and development studies. It has been written to make international economics accessible to wide student and professional audiences. The book assumes a minimal background in microeconomics and mathematics and goes beyond the usual trade-finance dichotomy to give equal treatment to four 'windows' on the world economy: international trade, international production, international finance and international development. It takes a practitioner point of view rather than a standard academic view, introducing the student to the material they need to become effective analysts in international economic policy. The website for the text is found at http://iie.gmu.edu/. |
Contents
| 17 | |
ii International Production | 139 |
iii International Finance | 205 |
iv International Development | 351 |
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Common terms and phrases
A.J. Glass absolute advantage Agreement assets autarky balance of payments capital/financial account central bank comparative advantage consider crises crisis currency current account curve demand for pesos developing countries discussed in Chapter Doha Round domestic Economist effects equation euro European example exchange rate regime exports factors Figure fixed exchange rate GATT global growth Heckscher-Ohlin model human development important income increase institutions interest rate International Economics international finance international production international trade intra-industry trade involved issue Japan K.A. Reinert L.S. Davis eds levels Marrakesh Agreement Mexican Mexico migration MNEs monetary policy motorcycles multilateral nominal exchange rate nontraded percent political economy Princeton Encyclopedia PTAs quota R.S. Rajan relationship rice role sector Stolper-Samuelson theorem supply of pesos surplus Table tariff trade policy U.S. dollar United Vietnam World Bank world economy World Trade World Trade Organization