About - International Economics: A European Focus by...

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International Economics: A European Focus by Barbara Ingham About the book This is a new international economics text which reflects the massive changes which have taken place in the world economy in recent times. It is written in a concise and non- technical way. The book focuses on many issues which have particular relevance to Europe: economic integration, economic management in the euroarea, Europe’s transition economies, the EU and the WTO. There is a strong emphasis on the political and international relations context in which trade takes place. Contents of the book Foreword Preface Acknowledgements 1 Introduction and overview Why international economics? Why a European focus? Overview Part 1 Trade theory and policy 2 The theory of trade Introduction Objectives Mercantilism Adam Smith and absolute advantage David Ricardo and comparative advantage Opportunity cost and the pure theory of trade Factor endowments Testing the Ricardian and Heckscher–Ohlin models The influence of the free trade doctrine Summary Key concepts Questions for discussion Suggested reading 3 Developments in the theory of trade Introduction Objectives Technology and trade Patterns of demand Imperfect competition Increasing returns Spatial concentration and trade Case study 3.1 Case study 3.2 Gravity trade models
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Summary Key concepts Questions for discussion Suggested reading 4 Theory of trade protection Introduction Objectives Tariffs and non-tariff barriers Exchange and capital controls as barriers to trade Welfare effects of a tariff ‘Old’ arguments for protection External economies and research and development Imperfect competition and the transfer of monopoly profit Political economy of trade policy Self-interest and the prisoner’s dilemma Income distribution and social objectives Case study 4.1
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This note was uploaded on 04/16/2010 for the course FIN 1511 taught by Professor Gomori during the Spring '10 term at St.Francis College.

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About - International Economics: A European Focus by...

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