Wiley India Pvt Ltd
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Salvatore's International Economics provides information about fundamental institutions and relationships that affect quality of life, and provides a framework for thinking through and understanding the process of decision making. Furthermore, the text is designed as a primary text for an introduction to basic economics or principles of economics and offers a balanced presentation of macroeconomics and microeconomics.
About the Author :
Dominick Salvatore is the Distinguished Professor of Economics and the Director of the Ph.D. Program in Economics at Fordham University in New York City. He is the Honorary Professor at the Shanghai Finance University and Hunan University and was a Visiting Professor at various universities including University of Rome (2003-2010), American University in Cairo (2007), University of Pretoria (2009), Peking University (2009-2011), University of Trieste (1996-2002), and University of Vienna (1995-2003). Dr. Salvatore is a Fellow of the New York Academy of Sciences and past Chairman of its Economics Section. He is also the past president of the North American Economic and Finance Association (NAEFA) and the International Trade and Finance Association (ITFA). He is a Consultant to the United Nations, the World Bank, the International Monetary Fund, the Economic Policy Institute, and several major international corporations and global banks. He is the co-editor of the Journal of Policy Modeling and the Open Economies Review, the Associate Editor of The American Economist and Frontiers in Finance and Economics, and the past Editor of the Handbook Series in Economics, Greenwood Press. He has given more than 500 lectures around the world, was awarded the Achievement Award by the City of University of New York in 1997, and was nominated for the 2010 National Medal of Science awarded by the President of the United States.
Table of Contents :
1: Introduction. PART ONE: INTERNATIONAL TRADE THEORY.
2 : The Law of Comparative Advantage.
3 : The Standard Theory of International Trade.
4 : Demand and Supply, Offer Curves, and the Terms of Trade.
5 : Factor Endowments and the Heckscher-Ohlin Theory.
6 : Economies of Scale, Imperfect Competition, and International Trade.
7 : Economic Growth and International Trade. PART TWO: INTERNATIONAL TRADE POLICY.
8 : Trade Restrictions: Tariffs.
9 : Nontariff Trade Barriers and the New Protectionism.
10 : Economic Integration: Customs Unions and FreeTrade Areas.
11 : International Trade and Economic Development.
12 : International Resource Movements and Multinational Corporations. PART THREE: BALANCE OF PAYMENTS AND EXCHANGE RATES.
13 : Balance of Payments.
14 : Foreign Exchange Markets and Exchange Rates.
15 : Exchange Rate Determination. PART FOUR: OPEN-ECONOMY MACROECONOMICS AND THE INTERNATIONAL MONETARY SYSTEM.
16 : The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates.
17 : The Income Adjustment Mechanism and Synthesis of Automatic Adjustments.
18 : Open-Economy Macroeconomics: Adjustment Policies.
19 : Prices and Output in an Open Economy: Aggregate Demand & Aggregate Supply.
20 : Flexible versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination.
21 : The International Monetary System: Past, Present, and Future