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International economics

By: Material type: TextTextPublication details: New Delhi; Wiley India; 2004Edition: 8th edDescription: 826 pISBN:
  • 9788126514137
Subject(s): DDC classification:
  • 337 SAL 8th ed
Summary: This book has an even handed, unbiased introduction to the concepts and the latest theoretical and policy issues in international economics. The text’s balanced presentation of policy controversies allows the reader to consider different sides of crucial issues. Over 100 case studies-many new to this edition-back up the material with real-world examples and applications from economics and business. Appendices provide expanded coverage to enrich the material without interrupting the basic flow of the narrative. · The Law of Comparative Advantage · The Standard Theory of International Trade · Demand and Supply, Offer Curves, and the Terms of Trade · Factor Endowments and the Heckscher-Ohlin Theory · Economies of Scale, Imperfect Competition, and International Trade · Economic Growth and International Trade · Trade Restrictions: Tariffs · Nontariff Trade Barriers and the New Protectionism · Economic Integration: Customs Unions and Free Trade Areas · International Trade and Economic Development · International Resource Movements and Multinational Corporations · Balance of Payments · Foreign Exchange Markets and Exchange Rates · Exchange Rate Determination · The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates · The Income Adjustment Mechanism and Synthesis of Automatic Adjustments · Open-Economy Macroeconomics: Adjustment Policies · Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply · Flexible versus Fixed Exchange Rates, the European Monetary System and Macroeconomic Policy Coordination · The International Monetary System: Past, Present, and Future
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This book has an even handed, unbiased introduction to the concepts and the latest theoretical and policy issues in international economics. The text’s balanced presentation of policy controversies allows the reader to consider different sides of crucial issues. Over 100 case studies-many new to this edition-back up the material with real-world examples and applications from economics and business. Appendices provide expanded coverage to enrich the material without interrupting the basic flow of the narrative. · The Law of Comparative Advantage · The Standard Theory of International Trade · Demand and Supply, Offer Curves, and the Terms of Trade · Factor Endowments and the Heckscher-Ohlin Theory · Economies of Scale, Imperfect Competition, and International Trade · Economic Growth and International Trade · Trade Restrictions: Tariffs · Nontariff Trade Barriers and the New Protectionism · Economic Integration: Customs Unions and Free Trade Areas · International Trade and Economic Development · International Resource Movements and Multinational Corporations · Balance of Payments · Foreign Exchange Markets and Exchange Rates · Exchange Rate Determination · The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates · The Income Adjustment Mechanism and Synthesis of Automatic Adjustments · Open-Economy Macroeconomics: Adjustment Policies · Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply · Flexible versus Fixed Exchange Rates, the European Monetary System and Macroeconomic Policy Coordination · The International Monetary System: Past, Present, and Future

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