International Economics

Features

• Cover Type: Hard Cover with 1056 pages
• Published by: Worth Publishers December 28, 2007
• Written in: English
• ISBN 10 Number: 0716792834
• ISBN 13 Number: 978-0716792833
• Book Dimensions: 10 x 8.1 x 1.4 inches
• Weighs: 4.2 pounds

Product Description
Combining classic international economics with straight-from-the-headlines immediacy, Feenstra and Taylor’s text seamlessly integrates the subject’s established core content with new topic areas and new ideas that have emerged from recent empirical studies.  Like no other textbook it brings cutting-edge theory, evidence, and policy analysis to the field of international economics.
 
International Economics is available as a complete textbook or in two split volumes: International Trade and International Macroeconomics.

Reader Reviews
This book covers several models of international trade: The Ricardian Model, Heckscher-Ohlin model, Specific Factors model, and The Gravity Model (briefly). It also examines the effects of limited competition, tariffs, quotas, and subsidies. Overall, the content is very well explained and could easily replace a professor who is only teaching topics from the book. The major drawbacks of this book are the problem sets. Many questions are convoluted and ambiguous. My other qualm with the problems is they typically refer back to both a previous question and a previous illustration in the text(i.e. the illustrations have no page reference, only a designation such as'8-4'to help guide you). Perhaps they will work on improving the problem sets in future additions. I hope so, because they were a pain in my first edition.