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This course is to enhance students’ understanding and knowledge of various schools and models in the field of international economics and business and use them to analyze changing global productive, financial and trading systems. It firstly discusses macroeconomics, monetary and fiscal policies, and then analyses different economic issues & policies of the major economic entities such as USA, China, Japan, Germany, India, Korea, and European Union. It also analyzes multiple reasons for regional disintegration and theories and models of integration in Europe, Africa, Asia-Pacific, and America continent. Various related contemporary issues in international economics and business will also be discussed.
This book offers a modern and accessible treatment of international economics, shifting the emphasis from pure theory to the application of theory by using the standard tools of economic analysis. Its approach is to apply basic economic theory to international economic issues. This fifth edition features expanded coverage of China’s role in world economy, new material on how changes in trade flows can be decomposed into the extensive and intensive margins of trade, new material on the use of Section 301 of U.S. trade law and the U.S.-China trade dispute, a new focus on the sole use of the Mundell-Fleming model to analyze balance of payments issues, etc.
This book presents the key orthodox neoclassical models of international trade and investment, while supplementing them with a variety of heterodox approaches. This book also maintains a broad perspective that links economic activity to the social and natural spheres of human activity, with emphasis on the distributional and environmental effects of international trade, investment, finance, and migration. This third edition features updates throughout to reflect recent world events, expanded discussion of pluralist approaches with more coverage of alternative schools of thought, discussions of the growing financialization of global economic activity, additional real-world examples, etc.
The book shows how successful countries craft their own strategies for globalization and economic growth. Part One focuses on economic growth: why have some countries grown more rapidly than others, and what we can learn from this experience as we design growth strategies going forward? Part Two focuses on institutions specifically, including themes such as productive vitality, and full gamut of market-supporting institutions. Part Three is devoted to globalization, identifying the central dilemma of the world economy as the tension between the global nature of many of today’s markets in goods, capital, and services, and the national nature of almost all of the institutions that underpin and support them.
This book introduces key concepts and practical applications of the field of international trade. While Part One focuses on analytical theories and their empirical implications, Part Two applies the theory to the analysis of government policies toward trade, past and current. This book features the treatment of such topics in a systematic way as increasing returns and market structure, firms in international trade, and politics and theory of trade policy. Each chapter starts with learning goals, closes with summary and key terms, and is followed by problems, ranging from routine computational drills to big picture questions suitable for classroom discussion.
