International Money and Finance, 9th Edition

  • Michael Melvin Arizona State University
  • Stefan Norrbin
  • Published By:
  • ISBN-10: 0128041072
  • ISBN-13: 9780128041079
  • DDC: 332.042
  • Grade Level Range: College Freshman - College Senior
  • 344 Pages | eBook
  • Original Copyright 2017 | Published/Released January 2018
  • This publication's content originally published in print form: 2017

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This book presents an institutional and historical overview of international finance and international money, illustrating how key economic concepts can illuminate real world problems. With three substantially revised chapters, and all chapters updated, it functions as a finance book that includes an international macroeconomics perspective in its final section. It emphasizes the newest trends in research, neatly defining the intersection of macro and finance. Successfully used worldwide in both finance and economics departments at both undergraduate and graduate levels, the book features current data, revised test banks, and sharp insights about the practical implications of decision-making.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
To the Student.
The International Monetary Environment.
1: The Foreign Exchange Market.
2: International Monetary Arrangements.
3: The Balance of Payments.
International Parity Conditions.
4: Forward-Looking Market Instruments.
5: Eurocurrency Markets and the LIBOR.
6: Exchange Rates, Interest Rates, and Interest Parity.
7: Prices, Exchange Rates, and Purchasing Power Parity.
Risk and International Capital Flows.
8: Foreign Exchange Risk and Forecasting.
9: Financial Management of the Multinational Firm.
10: International Investment.
11: International Lending and Crises.
Modeling the Exchange Rate and Balance of Payments.
12: Determinants of the Balance of Trade.
13: The IS-LM-BP Approach.
14: The Monetary Approach.
15: Extensions and Challenges to the Monetary Approach.

Meet the Author

Author Bio

Michael Melvin

Michael Melvin is currently Head of Currency Research at Barclays Global Investors. He also retains affiliations at the Arizona State University Department of Economics and the Haas School of Business at the University of California, Berkeley. Dr. Melvin received his Ph.D. in economics from UCLA in 1980. He has served as a visiting scholar at the Federal Reserve Board and the International Monetary Fund, was a Fulbright Professor at the University of Frankfurt, and has been a visiting professor at UCLA, Northwestern University, U.C. San Diego, and the University of Hawaii. His field of specialization is International Finance, and he is the coeditor of the Journal of International Money and Finance.