International Finance: Theory and PolicyVersion 1.2
By Steve Suranovic
- 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.
- Applies the AA-DD model to understand the effects of monetary and fiscal policy on GDP, the exchange rate, and the trade balance.
StudentsOnline Access Price: $32.95 Color Printed Textbook with Online Access Price: $57.95
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This textbook is suitable for the following courses: International Finance (one semester).
International Finance: Theory and Policy develops a unified model of the international macroeconomy for non-economic majors or students who are interested in continuing on to a Ph.D. program. Suranovic applies economic models to real-world issues to help students understand the international economy.
New in This Version
- Economic data updated to year 2015.
Chapter 1: Introductory Finance Issues: Current Patterns, Past History, and International Institutions
Chapter 2: National Income and the Balance of Payments Accounts
Chapter 3: The Whole Truth about Trade Imbalances
Chapter 4: Foreign Exchange Markets and Rates of Return
Chapter 5: Interest Rate Parity
Chapter 6: Purchasing Power Parity
Chapter 7: Interest Rate Determination
Chapter 8: National Output Determination
Chapter 9: The AA-DD Model
Chapter 10: Policy Effects with Floating Exchange Rates
Chapter 11: Fixed Exchange Rates
Chapter 12: Policy Effects with Fixed Exchange Rates
Chapter 13: Fixed versus Floating Exchange Rates
The Instructor’s Manual guides you through the main concepts of each chapter and important elements such as learning objectives, key terms, and key takeaways. Can include answers to chapter exercises, group activity suggestions, and discussion questions.
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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.
PowerPoint Lecture Notes
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