Intended for courses in international economics or interdisciplinary courses such as international political economy. Requiring only a basic understanding of economics, it builds on two models from principles of economics: market supply and demand and aggregate supply and demand

Written for readers who want a working understanding of interntional economics, this book uses the market supply/demand and aggregate supply/demand models to establish a framework for analyzing and relating the variables and the economic logic behind events.

Partial table of contents:
FUNDAMENTALS.
Open Economy Microeconomics: An Overview.
The Foreign Exchange Market.
The Balance of Payments.
INTERNATIONAL TRADE.
Trade and the International Division of Labor.
TARIFFS AND COMMERCIAL POLICY.
Tariffs and Quotas.
The Political Economy of Trade Policy.
BALANCE OF PAYMENTS POLICY.
Trade Balance and Income Adjustment.
Exchange Rate Adjustment.
EXCHANGE RATE SYSTEMS, INTERNATIONAL RESERVES, AND ECONOMIC POLICY.
Exchange Rate Systems.
CURRENT ECONOMIC ISSUES.
Economic Integration.
The International Debt Crisis.
Glossary.
Index.