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This updated edition of Graham Bird's introductory text on international macroeconomics is concerned with monetary, fiscal, and exchange rate issues and policy as they affect individual countries in the global economy, rather than with issues of comparative advantage and international trade. As such, it is something of a hybrid between macroeconomics and international economics. The text acts as a brief and accessible guide to the key issues in international macroeconomics. This new edition is fully updated to reflect recent events exemplifying key themes in the subject. These include: the ups and downs of the US dollar in the 1990s and the US's balance of payment problems, the East Asia crisis of the late 1990s, and the establishment and development of the Euro.
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The playful guide to how economics explains the simple but profound ideas that govern our world. Why do the keypads on drive-up cash machines have Braille dots? Why are round-trip fares from Orlando to Kansas City higher than those from Kansas City to Orlando? For decades, Robert Frank has been asking his economics students to pose and answer questions like these as a way of learning how economic principles operate in the real world--which they do everywhere, all the time. Once you learn to think like an economist, all kinds of puzzling observations start to make sense. This book employs basic economic principles to answer scores of intriguing questions, and, along the way, introduces key ideas such as the cost-benefit principle, the "no cash left on the table" principle, and the law of one price. There is no more delightful and painless way of learning these fundamental principles.--From publisher description.
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Microeconomics --- Developmental psychology --- Economics --- Psychological aspects --- 330 --- AA / International- internationaal --- 330.00 --- NBB congres --- -330 --- Economic theory --- Political economy --- Social sciences --- Economic man --- Theoretische economie. Economische theorie. Economische analyse --- Economische en sociale theorieën: algemeenheden. --- 330 Theoretische economie. Economische theorie. Economische analyse --- -Microeconomics --- -Economics --- Economische en sociale theorieën: algemeenheden --- Economics - Psychological aspects - Congresses --- Économie politique --- Comportement humain --- Prise de décision --- Aspect psychologique --- Aspect économique
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