International Economics 8th edition
ISBN: 0078021677
ISBN-13: 9780078021671
Authors: Appleyard, Dennis Appleyard, Field, Alfred Field, Cobb
Publisher: McGraw-Hill/Irwin
Details of the book:
Any student of economics needs to know the nitty-gritty of international economics; however the knowledge of global economics is not just their monopoly. In fact students from almost any field of knowledge and especially those from the other social science streams e.g. political science, need to know the basics of international economics, for everything we do is linked to the global economic order in some way or the other. Appleyard, Field and Cobb's 'International Economics', is an excellent guide for all those who need to or are keen to acquire a better understanding of the global face of economics.
The text delves into am in depth and balanced analysis of international policy, international trade theory, international monetary policy and international monetary trade theory. The authors have collaborated to provide a lucid, comprehensive and patient guide to the subject for any reader whether she is a beginner or a professional looking to refresh her knowledge. The text not only allows students to differentiate between the several international economic events of the past and the present, but it also enables one get proper understanding of all such events.
Appleyard, Field and Cobb's 'International Economics', is also one of the most updated book on 21st century international economics. It combines both traditional economic theory with contemporary real world applications and provides an all encompassing guide to the subject. It adequately covers all emerging topics of the contemporary economic world, and thus enables readers to recognize the true relation of their lives and life choices with global economics.
'International Economics', by Cobb, Field and Appleyard, serves as a great introductory guide to all beginners and once they graduate to higher levels, it keeps on serving as a great source of reference.
The book contains the following:
- PART I: Early Trade Theories and concepts like the Classical World of David Ricardo and its Comparative Advantage and the Classical Model of Trade
- PART II: Introduction to Neoclassical Trade Theory and its related aspects
- PART III: Post Heckscher-Ohlin Theories of Trade
- PART IV: The Instruments and tools involved in Trade Policy
- PART V: Balance of Payments Accounts and forex market
- PART VI: Open Economy in Fixed Exchange and economic policies
- PART VII: Fixed or Flexible Exchange Rates
