This book provides a non-mathematical introduction to the macroeconomic analysis of both the open economy and the world economy. While it presumes some basic understanding of macroeconomics, it does not require any significant mathematical capability. The first part examines the macro theory of the open economy: the second part examines macroeconomic stabilisation policy in the context of an open economy, and the world economy: and the third part looks at various case-studies or applications of the analysis introduced in the first two parts. This has been radically rewritten to accommodate recent global economic events, and demonstrates how the theoretical discussion goes a long way to explain recent changes in the world economy. Each chapter is accompanied by some brief notes and additional references but the intention has been to keep the book short and manageable. The practical orientation of the book ensures that it will be of interest to policy-makers, but it is also suitable for first- or second-year undergraduates, either as a course text or as a supplement to other more conventional macroeconomics textbooks.
It presents a much more realistic picture than what is provided by other textbooks." —Rodolphe Desbordes, University of Strathclyde "This text's main strength is its unified approach, as it starts with a general model, and then considers ...
Foundations of International Macroeconomics is an innovative text that offers the first integrative modern treatment of the core issues in open economy macroeconomics and finance.
A non-mathematical introduction to the macroeconomic analysis of both the open economy and the world economy. The text assumes a basic understanding of macroeconomics and is of interest to policy-makers...
Robert C. Feenstra, Alan M. Taylor. economy. However, it can indirectly control ... See Laurence M. Ball, Money, Banking, and Financial Markets 2nd edition (New York: Worth, 2010 forthcoming). 4. Rate of depreciation increases. μ Growth ...
The text acts as a brief and accessible guide to the key issues in international macroeconomics. This new edition is fully updated to reflect recent events exemplifying key themes in the subject.
International Macroeconomics (Loose-Leaf)
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This is not a theory-for-theory’s-sake textbook but a practice-oriented, common-sense approach to explaining international macroeconomics which quickly connects readers to real world events.
This is not a theory-for-theory’s-sake textbook but a practice-oriented, common-sense approach to explaining international macroeconomics which quickly connects readers to real world events.
New Zealand 592-3 pre-Thatcher 528-31 in small economy 263-6; anticipated, permanent 263-5; anticipated, temporary 265; anticipated, unrealised 266; unanticipated 265 in Thatcherism 534-5, 536, 539 monetary sector: in Mundell-Fleming ...