International Economics

About this book

International Economics 13th Edition provides students with a comprehensive up-to-date review of the fields essential principles and theory. This comprehensive textbook explains the concepts necessary to understand evaluate and address the economic problems and issues the nations of the world are currently facing and are likely to face in the future. Balancing depth and accessibility the text helps students identify the real-world relevance of the material through extensive practical applications and examples. The new thoroughly-updated and expanded edition provides students with a solid knowledgebase in international trade theory and policy balance of payments foreign exchange markets and exchange rates open-economy macroeconomics and the international monetary system. The text uniquely employs the same graphical and numerical model in chapters that cover the same basic concept allowing students to recognize the relationship among the different topics without having to start with a new example each time. Clear straightforward discussions of each key concept and theory are complemented by concrete accessible and relatable examples that serve to strengthen student comprehension and retention. Topics include the Great Recession the increase in trade protectionism excessive volatility and large misalignments of exchange rates and the impacts of resource scarcity and climate change to continued growth and sustainable development.