Presents the core theoretical frameworks of international macroeconomics. Explains the significance and behaviour of exchange rates, international competitiveness, interest rates, capital flows, current account balances, foreign investment, foreign debt and economic growth in open economies. Examines traditional macroeconomic concerns such as inflation and unemployment, and the operation and effectiveness of fiscal and monetary policies. Stresses the importance of an economy's integration with global markets for goods, services and assets.
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 ...
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...
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.
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 ...
International Macroeconomics (Loose-Leaf)
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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.
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 ...