Nations and Firms in the Global Economy: An Introduction to International Economics and Business

Nations and Firms in the Global Economy: An Introduction to International Economics and Business

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Steven Brakman, Harry Garretsen, Charles Van Marrewijk, Arjen Van Witteloostuijn
Cambridge University Press, 2006-03-16
EAN 9780521540575, ISBN10: 0521540577

Paperback, 474 pages, 24.6 x 17.4 x 3 cm

This accessible introduction to the world economy and to the theory and practice of globalization argues that key topics in international economics cannot be understood without knowledge of international business, and vice versa. It reviews and combines insights from both literatures and applies them to real-world issues, clearly explaining the main concepts of international economics and business in a uniquely integrated approach. Written in a lively and accessible style, this innovative textbook covers all the main issues, including international trade, capital mobility, comparative advantage, foreign direct investments, multinational behaviour, financial crises and economic growth. It has carefully selected international examples and case studies, and special interest boxes which clearly explain more difficult economic concepts. The companion website includes additional case studies, exercises and answers to exercises, data, illustrations and links to other useful websites.

'International trade and international business have hitherto existed in two separate worlds - a world of nations and a world of firms - in academic teaching and even in research. This book gives us a welcome integration of the two at the level of teaching. Students who use it will develop a unified vision that will benefit them in their future careers, whether in business, government, international institutions, or academic research.' Avinash K. Dixit, Princeton University