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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
In writing International Economics: Theory and Policy, Steve Suranovic’s goals were simple:
- Offer students the theory and models to understand how economics works and how economists understand the world
- Provide faculty with a fully developed teaching package to enable that goal
- MODEL WALKTHROUGHS:
- INSIGHTFUL QUESTIONS & ANSWERS
- CLEAR, STRAIGHTFORWARD EXPLANATIONS:
- UNIQUE APPROACHES:
This textbook is suitable for these courses: Full-year trade and finance courses; or a one-semester trade/finance course
This textbook is suitable for 2 and 4 year institutions.
The text walks students through a detailed description of how models’ assumptions influence their conclusions. Then, students learn how the models connect with the real world.
This section encourages students to walk through scenarios related to each concept and idea.
Needlessly difficult material is eliminated, while other principles, including the development of the relative supply/demand structure or the presentation of offer curves, are omitted as to not go too deeply into often-confusing topics for students at this level.
Approaches in this text offer a new 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.
This textbook comes with the following materials that you can use in your classroom.Test 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.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 whole
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