International Economics: Theory and Policy
Custom Version 1.0.1
By Steve Suranovic
Steve Suranovic
Included Supplements
Key Features
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International Economics: Theory and Policy
Steve Suranovic
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
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.
PEDAGOGICAL FEATURES:
- MODEL WALKTHROUGHS:
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.
- INSIGHTFUL QUESTIONS & ANSWERS
This section encourages students to walk through scenarios related to each concept and idea.
- CLEAR, STRAIGHTFORWARD EXPLANATIONS:
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.
- UNIQUE APPROACHES:
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.
- About the Author
- Acknowledgments
- Preface
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Chapter 1: Introductory Finance Issues: Current Patterns, Past History, and International Institutions
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Chapter 2: National Income and the Balance of Payments Accounts
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Chapter 3: The Whole Truth about Trade Imbalances
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Chapter 4: Foreign Exchange Markets and Rates of Return
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Chapter 5: Interest Rate Parity
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Chapter 6: Purchasing Power Parity
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Chapter 7: Fixed Exchange Rates
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Chapter 8: Fixed versus Floating Exchange Rates
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Chapter 9: Introductory Trade Issues: History, Institutions, and Legal Framework
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Chapter 10: The Ricardian Theory of Comparative Advantage
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Chapter 11: The Pure Exchange Model of Trade
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Chapter 12: Factor Mobility and Income Redistribution
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Chapter 13: Trade Policy Effects with Perfectly Competitive Markets
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Chapter 14: Political Economy and International Trade
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Chapter 15: Trade Policies with Market Imperfections and Distortions
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Chapter 16: Evaluating the Controversy between Free Trade and Protectionism
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Chapter 17: The Heckscher-Ohlin (Factor Proportions) Model
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Chapter 18: Domestic Policies and International Trade
Instructor’s Manual
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.
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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Test Bank Files for Import to Learning Management Systems
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Test Item File
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