ABSTRACT

This shortform textbook provides a comprehensive overview of international economics and coverage of recent trends in the global economy to supplement students’ knowledge of this fast-moving subject area.

Divided into two parts, the book begins by introducing the fundamental aspects of international economics (the international economic system, global networks and flows, the theory of international trade, trade policy, trade agreements, foreign exchange market, international factor movements, and developing countries) before moving on to focus on specialist topics such as the Covid-19 pandemic, the emerging economies of BRICS, and Brexit. Each chapter includes an essential summary, key terms, study questions, and references.

The book is accompanied by a suite of digital resources, including a test bank of questions, PowerPoints slides, answers to chapter questions, and an instructor’s manual.

As part of the Absolute Essentials of Business and Economics series, the book provides a straightforward way for students to learn about international economics, and will be invaluable reading for any student studying the global economy as part of a business, economics or international studies degree programme.

chapter 1|12 pages

Introduction to international economics

part I|84 pages

Fundamentals of international economics

chapter 2|9 pages

Structure of the global economy

chapter 3|9 pages

International trade

chapter 4|11 pages

Trade policy

chapter 5|10 pages

Trade agreements

chapter 6|11 pages

International factor movements

chapter 7|9 pages

International monetary system

chapter 8|11 pages

Foreign exchange market

part II|42 pages

Special topics in international economics

chapter 10|14 pages

Global economic shock

The coronavirus pandemic

chapter 11|12 pages

BRICS

The emerging economies of Brazil, Russia, India, China, and South Africa

chapter 12|14 pages

Brexit

Britain exits the European Union