International Economics, 3rd Edition

Developed in the classroom by two of the most prominent researchers in the field, Feenstra and Taylor’s International Economics is a modern textbook for a modern audience. Most international economics textbooks emphasize theory and the economies of advanced countries. Feenstra and Taylor’s text anchors theoretical coverage to empirical evidence throughout, while reflecting the realities of the global economy by covering emerging markets and developing countries (India, China, Southeast Asia). The new edition has been thoroughly updated, including the latest on the Eurozone crisis.  In addition, it will be available in it’s own dedicated version of LaunchPad, Worth Publishers’ breakthrough new online course space.

Available in Different Versions

• Feenstra and Taylor’s International Economics, Third Edition is available in a variety of versions, to fit the ways the course is most often taught.
• A full version for the two-semester sequence covering international trade and macroeconomics
• Split volumes for one-semester courses focusing on either trade or macroeconomics
• A brief version, Essentials of International Economics, for courses covering trade and macroeconomics in one semester.

See what’s in the LaunchPad

Table of Contents

Part 1: Introduciton to International Trade
Chapter 1: Trade in the Global Economy

Part 2: Patterns of International Trade
Chapter 2: Trade and Technology: The Ricardian Model
Chapter 3: Gains and Losses from Trade in the Specific-Factors Model
Chapter 4: Trade and Resources:The Heckscher-Ohlin Model
Chapter 5: Movement of Labor and Capital Between Countries

Part 3: New Explanations for International Trade
Chapter 6: Increasing Returns to Scale and Monopolistic Competition
Chapter 7: Offshoring of Goods and Services

Part 4: International Trade Policies
Chapter 8: Import Tariffs and Quotas Under Perfect Competition
Chapter 9: Import Tariffs and Quotas Under Imperfect Competition
Chapter 10: Export Policies in Resource and High-Technology Industries
Chapter 11: International Agreements: Trade, Labor, and the Environment

Part 5: Introduction to International Macroeconomics
Chapter 12: The Global Macroeconomy

Part 6: Exchange Rates
Chapter 13: Introduction to Exchange Rates and the Foreign Exchange Market
Chapter 14: Exchange Rates I: The Monetary Approach in the Long Run
Chapter 15: Exchange Rates II: The Asset Approach in the Short Run

Part 7: The Balance of Payments
Chapter 16: National and International Accounts: Income, Wealth, and the Balance of Payments
Chapter 17: Balance of Payments I: The Gains from Financial Globalization
Chapter 18: Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run

Part 8: Application and Policy Issues
Chapter 19: Fixed Versus Floating: International Monetary Experience
Chapter 20: Exchange Rate Crises: How Pegs Work and How They Break
Chapter 21: The Euro
Chapter 22: Topics in International Macroeconomics