International Economics

Written from a European perspective and covering both trade and international finance, this innovative text provides a thoroughly up-do-date and comprehensive treatment of each area. The theory is illustrated with empirical evidence and an abundance of relevant case studies and brief accounts of the economists who have contributed to this area. A key feature of the book is the integrated Study Guide and Online Resource Centre that engages students and helps them prepare for exams. Online Resource Centre For Students: - Figures from the book - Study guide containing further practice questions and Excel simulations - Self-study material with further explanations of concepts - Adddtional Material on Zipf's Law to supplement the content in the book For Lecturers: - Answers to questions in the text - PowerPoint slidesPART I: INTRODUCTION ; 1. The World Economy ; 2. Global Crisis ; PART IIA: COMPARATIVE ADVANTAGE ; 3. Technology ; 4. Production Structure ; 5. Factor Prices and Production ; 6. Factor Abundance ; 7. Trade Policy ; PART IIB: COMPETITIVE ADVANTAGE ; 8. Imperfect Competition ; 9. Intra-Industry Trade ; 10. Strategic Trade Policy ; 11. Trade Organizations ; 12. Economic Integration ; PART IIC: TRADE INTERACTIONS ; 13. Geographical Economics ; 14. Multinationals ; 15. Trade and Growth ; 16. Firm Heterogeneity ; PART IIIA: MONEY BASICS ; 17. The Balance of payments ; 18. The Money Market ; 19. Foreign Exchange Markets ; 20. Purchasing Power Parity ; 21. Interest Rate Parity ; PART IIIB: EXCHANGE RATES ; 22. The Monetary Approach ; 23. Short-run Economic Policy ; 24. Expectations and Sticky Prices ; 25. New Macroeconomics ; PART IIIC: POLICY AND CREDIBILITY ; 26. Exchange Rate Regimes ; 27. Credibility ; 28. Financial Crises ; 29. Optimal Currency areas ; 30. Global Capital Markets ; 31. Concluding Remarks