International Economics, 8th Edition

Appleyard and Field’ International Economics offers a consistent level of analysis and treatment of the two main subdivisions of international economics―international trade theory and policy and international monetary theory and policy. Comprehensive and clear, International Economics helps students move beyond recognition toward an understanding of current and future international events. New improvements covering the emerging issues in the global economy are designed to help readers both understand and appreciate the growing importance of the global economy in their lives.

Table of Contents

Chapter 1 The World Of International

Part 1 The Classical Theory Of Trade
Chapter 2 Early Trade Theories: Mercantilism And The Transition To The Classical World Of David Ricardo
Chapter 3 The Classical World Of David Ricardo And Comparative Advantage
Chapter 4 Extensions And Tests Of The Classical Model Of Trade

Part 2 Neoclassical Trade Theory
Chapter 5 Introduction To Neoclassical Trade Theory: Tools To Be Employed
Chapter 6 Gains From Trade In Neoclassical Theory
Chapter 7 Offer Curves And The Terms Of Trade
Chapter 8 The Basis For Trade: Factor Endowments And The Heckscher-Ohlin Model
Chapter 9 Empirical Tests Of The Factor Endowments Approach

Part 3 Additional Theories And Extensions
Chapter 10 Post–Heckscher-Ohlin Theories Of Trade And Intra-Industry Trade
Chapter 11 Economic Growth And International Trade
Chapter 12 International Factor Movements

Part 4 Trade Policy
Chapter 13 The Instruments Of Trade Policy
Chapter 14 The Impact Of Trade Policies
Chapter 15 Arguments For Interventionist Trade Policies
Chapter 16 Political Economy And U.S. Trade Policy
Chapter 17 Economic Integration
Chapter 18 International Trade And The Developing Countries

Part 5 Fundamentals Of International Monetary Economics
Chapter 19 The Balance-Of-Payments Accounts
Chapter 20 The Foreign Exchange Market
Chapter 21 International Financial Markets And Instruments: An Introduction
Chapter 22 The Monetary And Portfolio Balance Approaches To External Balance
Chapter 23 Price Adjustments And Balance-Of-Payments Disequilibrium
Chapter 24 National Income And The Current Account

Part 6 Macroeconomic Policy In The Open Economy
Chapter 25 Economic Policy In The Open Economy Under Fixed Exchange Rates
Chapter 26 Economic Policy In The Open Economy Under Flexible Exchange Rates
Chapter 27 Prices And Output In The Open Economy: Aggregate Supply And Demand

Part 7 Issues In World Monetary Arrangements
Chapter 28 Fixed Or Flexible Exchange Rates?
Chapter 29 The International Monetary System: Past, Present, And Future