Global Economic Issues and Policies with Economic Applications and InfoTrac FROM THE PUBLISHER
Traditionally the international economics course has primarily been aimed at students working on an economics major. Today, a broad range of courses in global economic issues and policies are drawing students from a number of disciplines, such as accounting, marketing, political science, and business. This well-known author team created Global Economic Issues and Policies to address the growing needs of students that might experience this subject for the first time. The goal of the text is to emphasize current public-policy issues, which will be used to illustrate essential concepts of international trade and finance. The authors focused their theoretical discussions by staying within the guidelines of the basic economic principles.
SYNOPSIS
Seeking to explain the workings of the global economy, this textbook introduces key concepts like comparative advantage, regionalism, multilateralism, and exchange-rate systems, and describes their relations to the current world economic situation. Trade policies, arbitrage, and banking are discussed in detail. While issues of inequality, financial crises, and the shaky status of the public sector are considered, little attention is given to the criticisms of globalization or the resistance it has faced. Daniels teaches at Marquette University; VanHoose, at Baylor University. Annotation (c)2003 Book News, Inc., Portland, OR