An Introduction to International Economics:
New Perspectives on the World Economy / Edition 2
This 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/.
Table of Contents
Preface
1. Windows on the world economy
Part I. International Trade:
2. Absolute advantage
3. Comparative advantage
4. Intra-industry trade
5. The political economy of trade
6. Trade policy analysis
7. The World Trade Organization
8. Preferential trade agreements
Part II. International Production:
9. Foreign market entry and international production
10. Foreign direct investment and intra-firm trade
11. Managing international production
12. Migration and international production
Part III. International Finance:
13. Accounting frameworks
14. Exchange rates and purchasing power parity
15. Flexible exchange rates
16. Fixed exchange rates
17. The international monetary fund
18. Crises and responses
19. Monetary unions
Part IV. International Economic Development:
20. Development concepts
21. Growth and development
22. International production and development
23. The World Bank
24. Structural change and adjustment.
502 pages, Paperback