Synopses & Reviews
Easy-to understand even if you have little economics background, INTERNATIONAL ECONOMICS offers clear, concise converage of international trade and finance theory illustrated with up-to-date contemporary issues and examples. You'll see how relevant theory can be through the text's coverage of real-world economic issues.
Student favorite INTERNATIONAL ECONOMICS, Twelfth Edition, offers easy-to-understand coverage of international trade and finance theory. Even if you have little economics background, the relevance of economic theory is quickly made clear through applications from the real world today.
About the Author
Known for his excellence in teaching, Robert J. Carbaugh is Professor of Economics at Central Washington University. He has been honored with numerous top teaching awards, including the 1984 Excellence in Teaching award at the University of Wisconsin, Eau Claire, and the Distinguished Professor of the University--Teaching award at Central Washington University in 1993. In 1996, Professor Carbaugh was named Scholar of the Year by the Phi Kappa Phi Honorary Society at Central Washington University. In 2001, he received the Distinguished Professor of the University award for Research at Central Washington University. In 2004, Carbaugh was invited by the Directors of the Oxford Round Table to present a lecture, "Trade and Environmental Frictions in the Global Steel Industry," at Oxford University in England. For over 25 years, Professor Carbaugh has taught international economics, as well as managerial economics, money and banking, and both introductory and intermediate levels of microeconomics and macroeconomics.
Table of Contents
1. The International Economy and Globalization. 2. Foundations of Modern Trade Theory: Comparative Advantage. 3. Sources of Comparative Advantage. 4. Tariffs. 5. Nontariff Trade Barriers. 6. Trade Regulations and Industrial Policies. 7. Trade Policies for the Developing Nations. 8. Regional Trading Arrangements. 9. International Factor Movements and Multinational Enterprises. 10. The Balance of Payments. 11. Foreign Exchange. 12. Exchange-Rate Determination. 13. Balance-of-Payments Adjustments. 14. Exchange-Rate Adjustments and the Balance of Payments. 15. Exchange-Rate Systems and Currency Crises. 16. Macroeconomic Policy in an Open Economy. 17. International Banking: Reserves, Debt, and Risk.