Methods and Observations of a Practical Economist: Part Four: International Economics

Description

This is the fourth section of a larger work, entitled "Methods & Observations of a Practical Economist." The entire opus is available on Amazon in two volumes. This section covers International Economics. The topics of this small extract include:1) Introduction to International Trade and Finance 2) Theories of International Trade3) Trade & Development 4) Instruments of Trade Policy 5) Economic Integration6) Payments Among Nations 7) Foreign Exchange Markets 8) The International Monetary System 9) Managing Foreign Exchange Risk Through the years, I have become convinced that the fundamentals of economics, finance, and business can be mastered by anyone of average intelligence, ambition, and diligence. So, as I entered the final phase of my career, I decided to provide a book which would offer the reader the practical knowledge that I acquired as a naval officer, a graduate student, a banker, a financial manager, and a community college instructor.I have written the book in a conversational style and laced it anecdotes, while minimizing technical requirements, so that readers can connect to the ideas and to their practical use. I wish that such a book had been available to me, at an early age. I would have been prepared to take better advantage of the wonderful opportunities that I have had. And I would have been more effective, as a teacher, community banker and financial executive.The complete book has six sections. Each could stand alone as a separate course, and they usually do. However by organizing them into a logical sequence, each section prepares the student for the next, and duplication of material is avoided. Hence, nine lessons are adequate for each subject, and mastery of each subject is possible in ten weeks, instead of fifteen. The six sections of the complete book are:1. Principles of Business Management (with an international business point of view)2. Microeconomics (the study of producer and consumer behavior in markets)3. Finance (financial markets and institutions, and principles of financial management)4. International Economics (trade, finance, and open economy macroeconomics)5. Macroeconomics (production, employment, economic growth, and business cycles)6. Investing (securities markets, securities analysis, and personal financial planning)But, because not everyone is interested in the entire work, I have published separately the six sections. This is section four of the six. I offer this book, and the others in the series, as my contribution to expanding opportunity for anyone, anywhere to understand, participate, and benefit from our economic system.

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  Methods and Observations of a Practical Economist: Part Five: Macroeconomics

  • 2018-09-20
  • 102 pages
  • Paperback
  • -