Product Description

The book is suitable for upper-level undergraduates on economics or business degrees taking courses in international economics or finance. Some introductory knowledge of economics is assumed.
A comprehensive textbook providing a thorough grounding in international macroeconomics. There is a strong emphasis on understanding globalization, and on grounding the material in real world economic issues and examples.

Product Details

• Amazon Sales Rank: #1199367 in Books
• Published on: 2002-01-15
• Original language: English
• Binding: Paperback
• 224 pages

From the Back Cover

With the increasing globalisation of most economies, the importance of understanding how international linkages affect macroeconomic performance has never been greater. This text presents the core theoretical frameworks of international macroeconomics to explain the significance and behaviour of exchange rates, international competitiveness, interest rates, capital flows, current account balances, foreign investment, foreign debt and economic growth in open economies.

The book also examines traditional macroeconomic concerns such as inflation and unemployment, and the operation and effectiveness of fiscal and monetary policies, but from a perspective that stresses an economy’s integration with global markets for goods, services and assets from start to finish. It is suitable for university students of macroeconomics, international economics and international business and also for professional economists.

• the globalisation debate

• exchange rate behaviour

• tradables, nontradables and the terms of trade

• saving, investment and the external accounts

• the effectiveness of macroeconomic policy

• asset markets, interest rates and exchange rates

• wages, employment and unemployment

• foreign investment and foreign debt

• economic growth in open economies

Tony Makin, Reader in Economics at The University of Queensland, has published widely in economics journals and is also the author of Global Finance and the Macroeconomy. He has previously served as a senior economist in the Australian Departments of Finance and Treasury and has represented Australia at forums of the Pacific Economic Co-operation Council on macroeconomic issues.