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International Economics

International Economics - 5th edition

ISBN13: 978-0321077462

Cover of International Economics 5TH 01 (ISBN 978-0321077462)
ISBN13: 978-0321077462
ISBN10: 0321077466
Cover type:
Edition/Copyright: 5TH 01
Publisher: Addison-Wesley Longman, Inc.
Published: 2001
International: No

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International Economics - 5TH 01 edition

ISBN13: 978-0321077462

Steven Husted and Michael Melvin

ISBN13: 978-0321077462
ISBN10: 0321077466
Cover type:
Edition/Copyright: 5TH 01
Publisher: Addison-Wesley Longman, Inc.

Published: 2001
International: No
Summary

Husted and Melvin's International Economics provides a compact, accessible treatment of international economics that includes the most recent policy controversies in an issues-oriented analytical framework. Intuition and application of theory is stressed consistently, rather than memorization of competing theories and technical analysis.


Features

  • NEW! All new material on the European Monetary Union and the Euro.
  • NEW! A section devoted to the Asian financial crisis.
  • NEW! Updated trade policy case studies, including the US/EU bananas squabble.
  • NEW! Modern coverage of new empirical research, including the microstructure of foreign exchange markets, the ''home bias'' in international investment, and the effect of corruption on growth and investment.
  • NEW! Expanded discussion of the WTO.
  • Accessible policy and issues-oriented treatment of international trade and finance make this text suitable for students with only a principles of economics background.
  • Extensive real-world data help students better comprehend different economies and patterns of trade.

Author Bio

Husted, Steven : University of Pittsburgh, Pittsburgh Campus

Steven Husted is Professor of Economics and Associate Dean, Graduate Studies & Research, at The University of Pittsburgh. He received his Ph.D. from Michigan State University and his past experience includes Senior Staff Economist: Council of Economic Advisers; Visiting Scholar: International Monetary Fund; and Visiting Professor: Dept of Economics and Research School of the Social Sciences, Australian National University; and Dept of Economics, University of Strathclyde. Professor Husted's research interests are in international trade policy and international finance and he has published scholarly articles in The Journal of Political Economy, Review of Economics and Statistics, and other major journals.


Melvin, Michael : Arizona State University

Michael Melvin is Professor of Economics and Dean's Council Distinguished Scholar at Arizona State University. He received his Ph.D. from UCLA and is currently co-editor of the Journal of International Money and Finance. Professor Melvin's past experience includes Visiting Scholar: Federal Reserve Board and International Monetary Fund; and Visiting Professor: Kellogg Graduate School of Management, Northwestern U.; Anderson Graduate School of Management, UCLA; Dept of Economics, U.C. San Diego, and Pacific Asian Management Institute, U. of Hawaii. His research interests are in international finance and he has published scholarly articles in The American Economic Review, Journal of Finance, and other major journals.

Table of Contents

1. An Introduction to International Trade.
2. Tools of Analysis for International Trade Models.
3. The Classical Model of International Trade.
4. The Heckscher-Ohlin Theory.
5. Tests of Trade Models: The Leontief Paradox and Its Aftermath.
6. Tariffs.
7. Nontariff Barriers and Arguments for Protection.
8. Commercial Policy: History and Practice.
9. Preferential Trade Arrangements.
10. International Trade and Economic Growth.
11. An Introduction to International Finance.
12. The Balance of Payments.
13. The Foreign-Exchange Market.
14. Prices and Exchange Rates: Purchasing Power Parity.
15. Exchange Rates, Interest Rates, and Interest Parity.
16. Foreign-Exchange Risk, Forecasting, and International Investment.
17. Basic Theories of the Balance of Payments.
18. Exchange Rate Theories.
19. Alternative International Monetary Standards.
20. International Banking, Debt, and Risk.
21. Open-Economy Macroeconomic Policy and Adjustment

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