International Macroeconomics
Fifth Edition ©2021 Robert Feenstra; Alan Taylor Formats: Achieve Essentials, E-book, Print
As low as $69.99
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Authors
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Robert C. Feenstra
Robert C. Feenstra is Professor of Economics at the University of California, Davis. He received his B.A. in 1977 from the University of British Columbia, Canada, and his Ph.D. in economics from MIT in 1981. Feenstra has been teaching international trade at the undergraduate and graduate levels at UC Davis since 1986, where he holds the C. Bryan Cameron Distinguished Chair in International Economics. Feenstra is a research associate of the National Bureau of Economic Research, where he directs the International Trade and Investment research program. He is the author of Offshoring in the Global Economy and Product Variety and the Gains from Trade (MIT Press, 2010). Feenstra received the Bernhard Harms Prize from the Institute for World Economics, Kiel, Germany, in 2006, and delivered the Ohlin Lectures at the Stockholm School of Economics in 2008. He lives in Davis, California, with his wife Gail, and has two grown children: Heather, who is a genetic counselor; and Evan, who recently graduated from Pitzer College.
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Alan M. Taylor
Alan M. Taylor is Professor of Economics at the University of California, Davis. He received his B.A. in 1987 from King’s College, Cambridge, U.K and earned his Ph.D. in economics from Harvard University in 1992. Taylor has been teaching international macroeconomics, growth, and economic history at UC Davis since 1999, where he directs the Center for the Evolution of the Global Economy. He is also a research associate of the National Bureau of Economic Research and coauthor (with Maurice Obstfeld) of Capital Markets: Integration, Crisis and Growth (Cambridge University Press, 2004). Taylor was awarded a Guggenheim Fellowship in 2004 and was a visiting professor at the American University in Paris and London Business School in 2005–06. He lives in Davis, with his wife Claire, and has two young children, Olivia and Sebastian.
Table of Contents
PART 1 INTRODUCTION TO INTERNATIONAL MACROECONOMICS
1. The Global Macroeconomy
PART 2 EXCHANGE RATES
2. Introduction to Exchange Rates and the Foreign Exchange Market
3. Exchange Rates I: The Monetary Approach in the Long Run
4. Exchange Rates II: The Asset Approach in the Short Run
PART 3 THE BALANCE OF PAYMENTS
5. National and International Accounts: Income, Wealth, and the Balance of Payments
6. Balance of Payments I: The Gains from Financial Globalization
7. Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run
PART 4 APPLICATIONS AND POLICY ISSUES
8. Fixed Versus Floating: International Monetary Experience
9. Exchange Rate Crises: How Pegs Work and How They Break
10. The Euro: Economics and Politics
11. (online only) Topics in International Macroeconomics
Product Updates
ONLINE
Achieve
Engage every student.
Achieve is a comprehensive set of interconnected teaching and assessment tools. It incorporates the most effective elements from Macmillan’s market leading solutions—including Sapling, LaunchPad, iClicker and others—in a single, easy to use platform. Our resources were co-designed with instructors and students, using a foundation of learning research and rigorous testing.
Featured in Achieve
Discovering Data problems ask students to locate, analyze, and interpret real-world data related to chapter topics.
Work It Out problems at the end of each chapter provide students with step-by-step assistance, thus helping develop analytical skills.
IN THE TEXTBOOK
A slimmed down text gives students more time for putting concepts into practice. In addition:
- New coverage of poor countries and financial globalization.
- New application about monetary policy at the zero-lower bound after the Global Financial Crisis and the coronavirus pandemic recession.
- Thorough updating of the most recent changes in the EU and the Eurozone, including Brexit.
- Data, examples and applications updated throughout.
Authors
-
Robert C. Feenstra
Robert C. Feenstra is Professor of Economics at the University of California, Davis. He received his B.A. in 1977 from the University of British Columbia, Canada, and his Ph.D. in economics from MIT in 1981. Feenstra has been teaching international trade at the undergraduate and graduate levels at UC Davis since 1986, where he holds the C. Bryan Cameron Distinguished Chair in International Economics. Feenstra is a research associate of the National Bureau of Economic Research, where he directs the International Trade and Investment research program. He is the author of Offshoring in the Global Economy and Product Variety and the Gains from Trade (MIT Press, 2010). Feenstra received the Bernhard Harms Prize from the Institute for World Economics, Kiel, Germany, in 2006, and delivered the Ohlin Lectures at the Stockholm School of Economics in 2008. He lives in Davis, California, with his wife Gail, and has two grown children: Heather, who is a genetic counselor; and Evan, who recently graduated from Pitzer College.
-
Alan M. Taylor
Alan M. Taylor is Professor of Economics at the University of California, Davis. He received his B.A. in 1987 from King’s College, Cambridge, U.K and earned his Ph.D. in economics from Harvard University in 1992. Taylor has been teaching international macroeconomics, growth, and economic history at UC Davis since 1999, where he directs the Center for the Evolution of the Global Economy. He is also a research associate of the National Bureau of Economic Research and coauthor (with Maurice Obstfeld) of Capital Markets: Integration, Crisis and Growth (Cambridge University Press, 2004). Taylor was awarded a Guggenheim Fellowship in 2004 and was a visiting professor at the American University in Paris and London Business School in 2005–06. He lives in Davis, with his wife Claire, and has two young children, Olivia and Sebastian.
Table of Contents
PART 1 INTRODUCTION TO INTERNATIONAL MACROECONOMICS
1. The Global Macroeconomy
PART 2 EXCHANGE RATES
2. Introduction to Exchange Rates and the Foreign Exchange Market
3. Exchange Rates I: The Monetary Approach in the Long Run
4. Exchange Rates II: The Asset Approach in the Short Run
PART 3 THE BALANCE OF PAYMENTS
5. National and International Accounts: Income, Wealth, and the Balance of Payments
6. Balance of Payments I: The Gains from Financial Globalization
7. Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run
PART 4 APPLICATIONS AND POLICY ISSUES
8. Fixed Versus Floating: International Monetary Experience
9. Exchange Rate Crises: How Pegs Work and How They Break
10. The Euro: Economics and Politics
11. (online only) Topics in International Macroeconomics
Product Updates
ONLINE
Achieve
Engage every student.
Achieve is a comprehensive set of interconnected teaching and assessment tools. It incorporates the most effective elements from Macmillan’s market leading solutions—including Sapling, LaunchPad, iClicker and others—in a single, easy to use platform. Our resources were co-designed with instructors and students, using a foundation of learning research and rigorous testing.
Featured in Achieve
Discovering Data problems ask students to locate, analyze, and interpret real-world data related to chapter topics.
Work It Out problems at the end of each chapter provide students with step-by-step assistance, thus helping develop analytical skills.
IN THE TEXTBOOK
A slimmed down text gives students more time for putting concepts into practice. In addition:
- New coverage of poor countries and financial globalization.
- New application about monetary policy at the zero-lower bound after the Global Financial Crisis and the coronavirus pandemic recession.
- Thorough updating of the most recent changes in the EU and the Eurozone, including Brexit.
- Data, examples and applications updated throughout.
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Robert Feenstra; Alan Taylor | Fifth Edition | ©2021 | ISBN:9781319343972
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Achieve (full course) includes our complete e-book, as well as online quizzing tools, multimedia assets, and iClicker active classroom manager.
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International Macroeconomics
Available for the first time with Macmillans new online learning tool, Achieve, the new edition of Feenstra and Taylor’s International Economics provides engaging, balanced coverage and applications of key concepts. Developed in the classroom by two of the most prominent researchers in the field, it seamlessly blends theory and empirical data with real-world policies, events, and evidence. And with Achieve, the new edition adds an enhanced interactive dimension to investigating the global economy.
Select a demo to view:
These materials are owned by Macmillan Learning or its licensors and are protected by United States copyright law. They are being provided solely for evaluation purposes only by instructors who are considering adopting Macmillan Learning's textbooks or online products for use by students in their courses. These materials may not be copied, distributed, sold, shared, posted online, or used, in print or electronic format, except in the limited circumstances set forth in the Macmillan Learning Terms of Use and any other reproduction or distribution is illegal. These materials may not be made publicly available under any circumstances. All other rights reserved. © 2020 Macmillan Learning.
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