Bibliographic Information

International economics

Steven Husted, Michael Melvin

(Addison-Wesley series in economics)

Pearson Addison-Wesley, c2007

7th ed., Pearson international ed

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

Husted and Melvin are widely praised for this accessible introduction to international economics. They use real data and issues to motivate the theoretical discussions, so that students leave the course with a practical understanding of major policy questions.

Table of Contents

1. An Introduction to International Trade 2. Tools of Analysis for International Trade Models 3. The Classical Model of International Trade 4. The Heckscher-Ohlin Model 5. Tests of Trade Models: The Leontief Paradox and Its Aftermath 6. Tariffs 7. Nontariff Barriers and Arguments for Protection 8. Commercial Policy: History and Practice 9. Preferential Trade Arrangements 10. International Trade and Economic Growth 11. An Introduction to International Finance 12. The Balance of Payments 13. The Foreign-Exchange Market 14. Prices and Exchange Rates: Purchasing Power Parity 15. Exchange Rates, Interest Rates, and Interest Parity 16. Foreign-Exchange Risk, Forecasting, and International Investment 17. Basic Theories of the Balance of Payments 18. Exchange Rate Theories 19. Alternative International Monetary Standards 20. International Banking, Debt, and Risk 21. Open-Economy Macroeconomic Policy and Adjustment

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