Pugel T. International Economics 18ed 2023

Textbook in PDF format

International Economics, 18e combines rigorous economic analysis with attention to the issues of economic policy that are alive and important today in this field. Written in a concise and readable format, Pugel uses economic terminology when enhancing the analysis so that the reader can build their understanding of global economic developments and evaluate proposals for changes in economic policies.
The text is informed by current events and includes the latest in applied international research. Like earlier editions, Pugel also places international economics events within a historical framework. The overall treatment continues to be intuitive rather than mathematical and is strongly oriented towards policy. International Economics is thoroughly integrated with the adaptive digital tools available in McGraw-Hill’s Connect, proven to increase student engagement and success in the course. Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.
International Economics Is Different
The Basic Theory Using Demand and Supply
Why Everybody Trades: Comparative Advantage
Trade: Factor Availability and Factor Proportions Are Key
Who Gains and Who Loses from Trade?
Scale Economies, Imperfect Competition, and Trade
Growth and Trade
Analysis of a Tariff
Nontariff Barriers to Imports
Arguments for and against Protection
Pushing Exports
Trade Blocs and Trade Blocks
Trade and the Environment
Trade Policies for Developing Countries
Multinationals and Migration: International Factor Movements
Payments among Nations
The Foreign Exchange Market
Forward Exchange and International Financial Investment
What Determines Exchange Rates?
Government Policies toward the Foreign Exchange Market
International Lending and Financial Crises
How Does the Open Macroeconomy Work?
Internal and External Balance with Fixed Exchange Rates
Floating Exchange Rates and Internal Balance
National and Global Choices: Floating Rates and the Alternatives