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International Economics 16th Edition

Robert Carbaugh

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  • ISBN-10: 1305629175
  • ISBN-13: 9781305629172
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Overview

Vividly demonstrate the relevance of theory to real-world economic issues and policy questions with Carbaugh's popular INTERNATIONAL ECONOMICS. This proven market leader is appreciated for its clear, concise treatment of international trade and finance theory, contemporary examples, and practical applications. The author presents discussions both verbally and graphically, making the material accessible even for students with little economics background. Completely up to date, the sixteenth edition reflects the latest economic issues, from deindustrialization and declining oil prices to foreign exchange market rigging and deflation and the Eurozone, keeping your course both current and engaging.

Robert Carbaugh, Central Washington University

Known for his excellence in teaching, Dr. Robert J. Carbaugh is Professor of Economics at Central Washington University. He has been honored with numerous top teaching awards, including the 1984 Excellence in Teaching award at the University of Wisconsin, Eau Claire, and the Distinguished Professor of the University--Teaching award at Central Washington University in 1993. In 1996, Dr. Carbaugh was named Scholar of the Year by the Phi Kappa Phi Honorary Society at Central Washington University. In 2001, he received the Distinguished Professor of the University award for Research at Central Washington University. In 2004, Dr. Carbaugh was invited by the Directors of the Oxford Round Table to present a lecture, “Trade and Environmental Frictions in the Global Steel Industry,” at Oxford University in England. For more than 40 years, Dr. Carbaugh has taught international economics, as well as managerial economics, money and banking, and both introductory and intermediate levels of microeconomics and macroeconomics.

MindTap® is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course—to provide engaging content, to challenge every individual, and to build their confidence. Empower students to accelerate their progress with MindTap.

  • STREAMLINED PRESENTATION OF ESSENTIAL ECONOMIC THEORY PROVIDES A SOLID THEORETICAL FOUNDATION: The book’s clear and concise coverage of economic theory prepares readers for more in-depth explorations of contemporary issues such as wage insurance, foreign aid, and free trade’s impact on the environment.
  • TEXT DEMONSTRATES RELEVANCE OF THEORY THROUGH A WEALTH OF EXAMPLES AND APPLICATIONS: This edition’s memorable examples and practical applications highlight international economic theories at work in today’s real-world with illustrations of the complex consequences of outsourcing, globalization, free trade, tariffs, and exchange rate adjustments.
  • SIX CENTRAL THEMES ARE INTEGRATED THROUGHOUT THE TEXT: These reader-friendly, engaging themes provide a strong emphasis on issues at the forefront of international economics today, including the global economic downturn, globalization, free trade and quality of life, trade conflicts between developing and industrial nations, trade liberalization, and the dollar as a reserve currency.
  • MINDTAP WITH APLIA: Our digital learning platform, MindTap, is now available, complete with the highly-acclaimed Aplia homework solution and course-specific learning activities and assessments. This turnkey, out-of-the-box digital solution integrates with any LMS and will offer students a robust, engaging learning experience in International Economics.

International Economics

TABLE OF CONTENTS

1. The International Economy and Globalization.
Part I: INTERNATIONAL TRADE RELATIONS.
2. Foundations of Modern Trade Theory: Comparative Advantage.
3. Sources of Comparative Advantage.
4. Tariffs.
5. Nontariff Trade Barriers.
6. Trade Regulations and Industrial Policies.
7. Trade Policies for the Developing Nations.
8. Regional Trading Arrangements.
9. International Factor Movements and Multinational Enterprises.
Part II: INTERNATIONAL MONETARY RELATIONS.
10. The Balance of Payments.
11. Foreign Exchange.
12. Exchange-Rate Determination.
13. Mechanisms of International Adjustment.
14. Exchange-Rate Adjustments and the Balance of Payments.
15. Exchange-Rate Systems and Currency Crises.
16. Macroeconomic Policy in an Open Economy.
17. International Banking: Reserves, Debt, and Risk.
Glossary.
Index.

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FOR INSTRUCTORS

Instructor's Companion Website (with Instructor's manual, PowerPoint®, Test Bank)

ISBN: 9781305508057
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ISBN: 9781305507470
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