Developed in the classroom by two of the most prominent researchers in the field, Feenstra and Taylor’s International Economics is a modern textbook for a modern audience, connecting theory to empirical evidence and expanding beyond the traditional focus on advanced companies to cover emerging markets and developing economies. International Macroeconomics is a split volume from the text, covering: • The gains from financial globalization (Chapter 6) • Fixed versus floating regimes (Chapter 8) • Exchange-rate crises (Chapter 9 • The Euro (Chapter 10) As well as core topics: • Foreign exchange markets and exchange rates in the short run and the long run (Chapters 2–4) • The national and international accounts (Chapter 5) • The open economy IS-LM model (Chapter 7) • Applied topics of current interest (Chapter 11)
Robert C. Feenstra (Robert Christopher Feenstra) is Professor of Economics at the University of California, Davis. A former editor of the Journal of International Economics, and currently an associate editor of that journal and the American Economic Review, he has edited eight books and published numerous articles on international trade. He also directs the International Trade and Investment research program at the National Bureau of Economic Research.
I initially did not think it was as good. But it picked up from there. It approaches the topics from a broader perspective and it was pretty good at dealing with both the theory and practical applications and and real world problems and situations.
Well written with good examples. Much more concise and to the point with explanations of some key topics (ex. Fisher Effect) than other economics textbooks that I have used.