International Economics, 13th Edition provides students with a comprehensive, up-to-date review of the field’s essential principles and theory. This comprehensive textbook explains the concepts necessary to understand, evaluate, and address the economic problems and issues the nations of the world are currently facing, and are likely to face in the future. Balancing depth and accessibility, the text helps students identify the real-world relevance of the material through extensive practical applications and examples. The new, thoroughly-updated and expanded edition provides students with a solid knowledgebase in international trade theory and policy, balance of payments, foreign exchange markets and exchange rates, open-economy macroeconomics, and the international monetary system. The text uniquely employs the same graphical and numerical model in chapters that cover the same basic concept, allowing students to recognize the relationship among the different topics without having to start with a new example each time. Clear, straightforward discussions of each key concept and theory are complemented by concrete, accessible, and relatable examples that serve to strengthen student comprehension and retention. Topics include the ‘Great Recession,’ the increase in trade protectionism, excessive volatility and large misalignments of exchange rates, and the impacts of resource scarcity and climate change to continued growth and sustainable development.
This edition reflects the latest theoretical developments with a continued emphasis on current applications. This distinctive approach has readers claiming, If it’s clear, concise, and contemporary, it has to be Carbaugh.
Comprehensive and clear, International Economics helps students move beyond recognition toward an understanding of current and future international events through real world examples featured throughout the text.
The new edition has been refocused, revised, and thoroughly updated.
Focussing on both theory and policy imperatives, providing ample case studies and examples, this book also provides advance topics for further research, besides detailed exercises for practice.
The text is informed by current events and includes the latest in applied international research, all the time avoiding jargon for jargon’s sake.
Lawson doctrine The view, attributed to Nigel Lawson, U.K. Chancellor of the Exchequer in the 1980s, that a current account deficit (page 88) that results from a shift in private-sector savings or investment, is not a cause for concern.
Most of the existing textbooks on international economics - a widely taught and ighly popular subject - are long and too detailed and advanced for many students. This book, first...
This is a comprehensive and up to date textbook ideal for both undergraduate and graduate trade courses. This new edition includes the latest on globalization, economic geography as well as a trade integration and wage inequality.
Combining classic international economics with straight-from-the-headlines immediacy, Feenstra and Taylor’s text seamlessly integrates the subject’s established core content with new topic areas and new ideas that have emerged from ...
Nobel Prize-winning economist Paul Krugman and renowned researcher Maurice Obstfeld set the standard for international economics courses with the text that remains the market leader in the U.S. and around...