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International Finance: Theory and Policy

By: 
Steve Suranovic
Version: 
1.2
Published: 
July 2015
Page Count: 
290
Online Access Price: 
$29.95
Full Color Book + Online Access Price: 
$54.95
ISBN: 
978-1-4533-7232-6

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.

  • 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.
  • Customizable.

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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.

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.

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

Steve Suranovic George Washington Univ-Dc

Steve Suranovic is an associate professor of economics and international affairs at the George Washington University (GW) in Washington, D.C. He has been teaching international trade and finance for more than twenty five years at GW and as an adjunct for Cornell University’s Washington, D.C, program. He has a PhD in economics from Cornell University and a B.S. in mathematics from the University of Illinois at Urbana-Champaign. He has been a Fulbright Lecturer at Sichuan University in Chengdu, China, and has taught a GW class at Fudan University in Shanghai every summer since 2009. He has also spoken to business, government, and academic audiences in Japan, Malaysia, the Philippines, China, and Mongolia as part of the U.S. State Department speaker’s programs. His research focuses on two areas: international trade policy and behavioral economics. With respect to behavior, he examines why people choose to do things that many observers view as irrational. Examples include addiction to cigarettes, cyclical dieting, and anorexia. His research shows that dangerous behaviors can be explained as the outcome of a reasoned and rational optimization exercise. With respect to trade policy, his research seeks to reveal the strengths and weaknesses of arguments supporting various policy options. The goal is to answer the question, what trade policies should a country implement? More generally, he applies the economic analytical method to identify the policies that can attract the most widespread support. His research focuses on international trade policy, market ethics, behavioral economics and more recently, climate change policy. His book A Moderate Compromise: Economic Policy Choice in an Era of Globalization was released by Palgrave Macmillan in fall 2010. In it he offers a critique of current methods to evaluate and choose policies and suggests a principled and moderate alternative.
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