International Economics: A Heterodox Approach, 3rd Edition

Now in its third edition, Hendrik Van den Berg’s International Economics: A Heterodox Approach covers all of the standard topics taught in undergraduate international economics courses. Written in a friendly and approachable style, this new edition is unique in that it presents the key orthodox neoclassical models of international trade and investment, while supplementing them with a variety of heterodox approaches. This pluralist approach is intended to give economics students a more realistic understanding of the international economy than standard textbooks can provide.

Changes to the new edition include

• updates throughout to reflect recent world events, including coverage of trade negotiations and the Greek crisis;
• expanded discussion of pluralist approaches with more coverage of alternative schools of thought;
• discussions of the growing financialization of global economic activity;
• additional real-world examples;
• increased coverage of environmental issues; transnational corporations and their behavior in the international economy; the difference between international investment and international finance; and monetary history;
• a consolidated and updated chapter on international banking.

This book also maintains a broad perspective that links economic activity to the social and natural spheres of human activity, with emphasis on the distributional and environmental effects of international trade, investment, finance, and migration. Chapter summaries, key terms and concepts, problems and questions, and a glossary are included in the book. A Student Study Guide and an Instructor’s Manual are available online.

Table of Contents

PART I INTRODUCTION TO INTERNATIONAL ECONOMICS
Chapter 1 Interdependence!
Chapter 2 Introduction to Heterodoxy

PART II INTERNATIONAL TRADE THEORY
Chapter 3 Orthodox International Trade Theory: Why Mainstream Economists Like Free Trade
Chapter 4 International Trade: Beyond the Neoclassical Perspective
Chapter 5 International Trade: Imperfect Competition and Transnational Corporations
Chapter 6 International Trade and Economic Development
Chapter 7 International Trade, Human Happiness, and Inequality

PART III INTERNATIONAL TRADE POLICY
Chapter 8 Tariffs, Quotas, and Other Trade Restrictions
Chapter 9 The History of Trade Policy
Chapter 10 International Trade Policy: A Holistic Perspective

PART IV INTERNATIONAL INVESTMENT AND FINANCE
Chapter 11 International Investment and International Finance
Chapter 12 The Foreign Exchange Market
Chapter 13 International Banking and Financial Markets
Chapter 14 Exchange Rate Crises

PART V THE HISTORY OF THE INTERNATIONAL MONETARY SYSTEM
Chapter 15 Early Monetary History: Ancient Times Through the End of the Gold Standard
Chapter 16 The International Monetary System: Bretton Woods to the End of the Twenty-First Century
Chapter 17 Another Bretton Woods Conference?

PART VI IMMIGRATION
Chapter 18 Immigration: The International Movement of People
Chapter 19 Immigration Policy
Chapter 20 The Evolving International Economy in an Ecologically Constrained World