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International Trade and Global Macropolicy

Publisher: New York, NY : Springer New York, 2014.
Series: Springer Texts in Business and Economics
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
In the curricula of highly ranked MBA programs, two areas of discussion are conspicuously absent: International Trade, and Global Macroeconomic Policy. In this post-financial crisis environment, as the US and other advanced economies continue to experience sluggish growth, persistently high unemployment, and political agitation for increasingly protectionist policies, discussions pertaining to trade, currencies, and  Read more...
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Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
ISBN: 9781461416340 1461416345 9781461416357 1461416353
OCLC Number: 868127408
Description: 1 Online-Ressource.
Contents: Introduction and Overview.- Part One-International Trade Theory.- The Origins of Trade Theory.- The Ricardian Trade Model.- Factor Intensity.- Stripping Away Ricardo's Assumptions.- Trade Barriers and Protectionism.- Part Two-Global Macroeconomics.- Global Macroeconomics.- Exchange Rates.- The ISLM-BOP Model.- Exports and Imports, Real Exchange Rates.- Inflation Added to the Model.- Capital Flows.- The Global Monetary System.- References.
Series Title: Springer Texts in Business and Economics
Responsibility: by Farrokh Langdana, Peter T. Murphy.

Abstract:

This volume focuses on international trade and global macroeconomic policy -- two topics often overlooked by conventional MBA and Executive MBA programs. Topics include the Ricardian trade theorem,  Read more...

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    schema:description "In the curricula of highly ranked MBA programs, two areas of discussion are conspicuously absent: International Trade, and Global Macroeconomic Policy. In this post-financial crisis environment, as the US and other advanced economies continue to experience sluggish growth, persistently high unemployment, and political agitation for increasingly protectionist policies, discussions pertaining to trade, currencies, and international capital flows are often fraught with emotion, tension, and hysteria. This book cuts through the emotions and superficial "solutions" and provides the reader with a thorough understanding of the hard-hitting theoretical models that drive the global flow of goods, services, and capital in the real world. A key feature of this volume is the presentation of the theoretical models, and the discussion of their implications in the context of real-world applications. This text is uniquely designed for current and future business leaders who are, or will be, engaged in the global economy. Armed with an understanding of the theoretical underpinnings driving goods, capital and ideas across national boundaries, readers will learn to anticipate the effects of trade and macroeconomic policy changes, and will have the tools to make sound, informed decisions for themselves and their global organizations. ABOUT THE AUTHORS This volume provides a unique synthesis of academic and practical perspectives, thanks to the background of its authors. Farrokh K. Langdana Dr. Farrokh Langdana is a professor in the Finance/Economics Department at Rutgers Business School (RBS), New Jersey. In addition to this volume, he is the author of four other books including the textbook, Macroeconomic Policy: Demystifying Monetary and Fiscal Policy, and numerous research articles. Dr. Langdana is currently the Director of the globally ranked Executive MBA program at RBS. He has taught Macroeconomic Policy and International Trade extensively at RBS." ;
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