For an introductory International Economics course. A principles-level introduction to international economics that is accessible to all majors. International Economics uses a rich array of case studies to illuminate economic institutions and policies as well as recent developments in the global economy-without students having to rely on a prerequisite knowledge of higher-level math. Further, the texts flexible approach-with self-contained chapters and comprehensive coverage-allows instructors to adapt the text easily to a wide range of syllabi. The sixth edition preserves the organization and coverage of the fifth edition and adds a number of updates and enhancements. All tables and graphs have been updated and every chapter begins with a list of student learning outcomes. Chapter 13, The United States in the World Economy, is heavily revised and refocused towards U.S. international economic relations, including NAFTA, but adds material on other trade agreements, including a new case study on preferential agreements such as the African Growth and Opportunity Act. Available with the award-winning MyEconLab!
MyEconLab is a powerful assessment and tutorial system that works hand-in-hand with International Economics.MyEconLab includes comprehensive homework, quiz, test, and tutorial options, where instructors can manage all assessment needs in one program! Note: If you are purchasing the standalone text (ISBN: 0132948915) or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab, please visit: www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching the Pearson Higher Education web site. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.
Table of Contents I. INTRODUCTION AND INSTITUTIONS 1. The United States in a Global Economy 2. International Economic Institutions since World War II II. INTERNATIONAL TRADE 3. Comparative Advantage and the Gains from Trade 4. Comparative Advantage and Factor Endowments 5. Beyond Comparative Advantage 6. The Theory of Tariffs and Quotas 7. Commercial Policy 8. International Trade and Labor and Environmental Standards III. INTERNATIONAL FINANCE 9. Trade and the Balance of Payments 10. Exchange Rates and Exchange Rate Systems 11. An Introduction to Open Economy Macroeconomics 12. International Financial Crises IV. REGIONAL ISSUES IN THE GLOBAL ECONOMY 13. The United States in the World Economy 14. The European Union: Many Markets into One 15. Trade and Policy Reform in Latin America 16. The BRIC Countries in the World Economy 17. Export-Oriented Growth in East Asia