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International Economics: International Edition, 5th Edition

by: James Gerber

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On-line Price: $217.60 (includes GST)

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Retail Price: $249.60

Publisher: ,03.01.10

Category: ECONOMICS Level:

ISBN: 0132088436
ISBN13: 9780132088435

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For an introductory International Economics course.

A principles-level introduction to international economics-accessible to all majors.

International Economics uses a rich array of case studies to illuminate economic institutions and policies as well as recent developments in the global economy-without students having to rely on a prerequisite knowledge of higher-level math. Further, the text's flexible approach-with self-contained chapters and comprehensive coverage-allows instructors to adapt the text easily to a wide range of syllabi.

The fifth edition preserves the organization and coverage of the fourth edition and adds a number of updates and enhancements. All tables and graphs have been updated and every chapter reflects a new discussion, case or developing example.

New To This Edition


The fifth edition preserves the organization and coverage of the fourth edition and adds a number of updates and enhancements. All tables and graphs have been updated and every chapter reflects a new discussion, case or developing example.

NEW! Understanding Concepts by Geographic Location. Part four of this text has been organized into five chapters, each focusing on a different geographic area. These chapters offer students a chance to broaden their understanding of the world's trends and to observe the intellectual power of economic theory in practice. Locations include:

  * North America

  * The European Union

  * Latin America

  * East Asia

  * China and India

Provide new topics and current information. Key changes in the fifth edition include information on the financial crisis, trade agreements, the resource curse, off-shoring, outsourcing, knowledge and intellectual property rights, sudden stops, and more.

Features and Benefits


Make a Real Connection with Real-World Applications.
Gerber believes that students have an easier time understanding theory when it is presented with real-world applications. To this end, International Economics supplements economic theory with case studies and other content ranging from the role of economic institutions and analysis of international economic policies, to the recent history of the world economy.

Understand the International Microeconomic and Macroeconomic Aspects.

Covering both micro and macro in a one-semester course requires paring back the coverage of theory in order to focus on central concepts, however, as all instructors are aware, many theoretical topics are of secondary or tertiary importance. Streamlining this topic can pose a problem for students who may lack the needed depth to rank topics by their relative importance. This text presents the perfect balance when covering the micro- and macroeconomics aspects of international economics.

See the Difference Between Theory and Policy, Through Rich History and Detail.
International Economics provides more rich history and institutional detail than most other texts. This text illuminates the relationships between economic theory and policy, and economics and the other social sciences, helping students walk away from the course with an understanding of the entire spectrum of international economics.

Table of Contents


Part 1: Introduction and Institutions

Chapter 1: The United States in a Global Economy
Chapter 2: International Economic Institutions since World War II

Part 2: International Trade

Chapter 3: Comparative Advantage and the Gains from Trade
Chapter 4: Comparative Advantage and Factor Endowments
Chapter 5: Beyond Comparative Advantage
Chapter 6: The Theory of Tariffs and Quotas
Chapter 7: Commercial Policy
Chapter 8: International Trade and Labor and Environmental Standards

Part 3: International Finance

Chapter 9: Trade and the Balance of Payments
Chapter 10: Exchange Rates and Exchange Rate Systems
Chapter 11: An Introduction to Open Economy Macroeconomics
Chapter 12: International Financial Crises

Part 4: Regional Issues in the Global Economy

Chapter 13: Economic Integration in North America
Chapter 14: The European Union: Many Markets into One
Chapter 15: Trade and Policy Reform in Latin America
Chapter 16: Export-Oriented Growth in East Asia
Chapter 17: China and India in the World Economy