International Finance: Theory and Policy
In writing International Finance: Theory and Policy, Steve Suranovic’s goals were simple:
- To help students understand the international economy by illustrating how economic models are applied to real-world issues
- To develop a unified model of the international macroeconomy
- HISTORICAL CONTEXT:
- FIXED & FLOATING EXCHANGES:
- TRADE IMBALANCES:
- AA-DD MODEL:
This textbook is suitable for these courses: International Finance (one semester)
This textbook is suitable for 2 and 4 year institutions.
Begins with an historical overview of the international macroeconomy to provide context for the theory
Concludes with a detailed discussion of the pros and cons of fixed and floating exchange rate systems
Provides an extensive look at the issue of trade imbalances. Readers learn techniques to evaluate whether a country's trade deficit (or surplus) is dangerous, beneficial, or benign
Applies the AA-DD model to understand the effects of monetary and fiscal policy on GDP, the exchange rate, and the trade balance
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The Instructor Manual (in Word format) 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.
Test Item File
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PowerPoint Lecture Notes
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