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International Economics: Theory and Policy, v. 1.0
- By: Steve Suranovic
- Version: 1.0
- Shared Versions: 1 what's this?
- Pub Date: August 2010
- eISBN: 978-1-4533-2722-7
- Pages: 614
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Table of Contents:
- About the Author
- Chapter 1: Introductory Trade Issues: History, Institutions, and Legal Framework
- Chapter 2: The Ricardian Theory of Comparative Advantage
- Chapter 3: The Pure Exchange Model of Trade
- Chapter 4: Factor Mobility and Income Redistribution
- Chapter 5: The Heckscher-Ohlin (Factor Proportions) Model
- Chapter 6: Economies of Scale and International Trade
- Chapter 7: Trade Policy Effects with Perfectly Competitive Markets
- Chapter 8: Domestic Policies and International Trade
- Chapter 9: Trade Policies with Market Imperfections and Distortions
- Chapter 10: Political Economy and International Trade
- Chapter 11: Evaluating the Controversy between Free Trade and Protectionism
- Chapter 12: Introductory Finance Issues: Current Patterns, Past History, and International Institutions
- Chapter 13: National Income and the Balance of Payments Accounts
- Chapter 14: The Whole Truth about Trade Imbalances
- Chapter 15: Foreign Exchange Markets and Rates of Return
- Chapter 16: Interest Rate Parity
- Chapter 17: Purchasing Power Parity
- Chapter 18: Interest Rate Determination
- Chapter 19: National Output Determination
- Chapter 20: The AA-DD Model
- Chapter 21: Policy Effects with Floating Exchange Rates
- Chapter 22: Fixed Exchange Rates
- Chapter 23: Policy Effects with Fixed Exchange Rates
- Chapter 24: Fixed versus Floating Exchange Rates
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International Economics: Theory and Policy is built on Steve Suranovic’s belief that students need to learn the theory and models to understand how economics works and how economists understand the world. And, that these ideas are accessible to most students if they are explained thoroughly.
So, if you are looking for an International Economics text that will prepare your PhD students while promoting serious comprehension for the non-economics major, Steve Suranovic’s International Economics: Theory and Policy is for you.
International Economics: Theory and Policy presents numerous models in some detail; not by employing advanced mathematics, but rather by walking students through a detailed description of how a model’s assumptions influence its conclusions. Then, students learn how the models connect with the real world.
Steve’s book covers positive economics to help answer the normative questions; for example, what should a country do about trade policy, or about exchange rate policy? The results from models give students insights that help us answer these questions. Thus, this text strives to explain why each model is interesting by connecting its results to some aspect of a current policy issue.
This text eliminates some needlessly difficult material while adding and elaborating on other principles. For example, the development of the relative supply/demand structure, or the presentation of offer curves, are omitted as to not go too deeply into topics that tend to confuse many students at this level.
Steve developed new approaches in this text including a simple way to present the Jones’ magnification effects, a systematic method to teach the theory of the second best, and a unique description of valid reasons to worry about trade deficits. These new approaches help students learn the concepts and models and derive conclusions from them.
If you like to take a comprehensive look at trade policies, be sure to check out the chapter on Trade Policy (7). It provides a comprehensive look at many more trade policies than are found in many of the printed textbooks on the market today.
International Economics: Theory and Policy by Steve Suranovic is intended for use in a full semester trade course, a full semester finance course, or a one semester trade/finance course.
This textbook comes with the following materials that you can use in your classroom.Instructor Manual
The Instructor Manual will help guide you through the main concepts of each chapter such as learning objectives, key terms and takeaways. Many also include explanations and answers to chapter exercises.Powerpoint Lecture Notes
A PowerPoint presentation highlighting key learning objectives and the main concepts for each chapter are available for you to use in your classroom. You can either cut and paste sections or use the presentation as a wholeTest Item File
Need assistance in supplementing your quizzes and tests? Our test item files (in Word format) contain many true/false, multiple choice, fill in the blanks, and short essay questions.
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