Are you teaching international economics next spring? Or just want to learn more about the field? Consider accepting/purchasing this a new bookalone with Douglas Irwin (available December 2024, from Cambridge University Press).
Courtesy of Avinash Dixit, Barry Eichengreen, and Jeffrey Frankel:
“At a time when globalization is at risk everywhere, a clear and simple analysis of the consequences of international trade and finance – who benefits, who loses, what risks are created and mitigated, and what policies are best in the balance – based on a good idea. , and supported by data relevant to today’s world, is important. Chinn and Irwin offer just that in this outstanding new book. I wish it was required to be read by the whole community, not just for academics
to use.”
– AVINASH DIXIT, Princeton University
“Two leading international economists have brought us a new first-rate book. Very clearly written, it will be very accessible to the average reader. It is full of historical examples, most recently of the impact of Russia’s war in Ukraine on world wheat prices. Historical cases introduce each chapter and then illustrate the theory later.”
– JEFFREY FRANKEL, Harvard University
“International Economics by Chinn and Irwin is clear but also accessible. Economic theory is brought to life through a combination of practical applications, historical examples, and real-world applications. Students are sure to participate. “
– BARRY EICHENGREEN, University of California
General description:
The international economy is more important than ever. This book provides a clear and up-to-date overview of the fundamentals of international economics. Presented in an engaging manner, with numerous full-color diagrams and graphs that include contemporary trade data, the authors explain key concepts in an engaging and accessible manner open to students of any discipline. Economic models are discussed in the context of
recent international trade issues to ensure that students gain a concrete understanding of how different structures help us make sense of the real world. Written for students taking their first course in international economics, this book includes a feature
boxes showing how theory can be applied in practice, a real-world application included for every chapter, and 240 end-of-chapter questions to help students fully engage and integrate their learning. Online resources for instructors include a solutions manual, lecture slides, and figures and tables from the book as JPEGs.
Various International Trade and International Finance texts are available, as well as supporting materials (slide decks, test bank).
Other real-world applications in the textbook include past and recent episodes – Shoguns, Trump’s tariffs, China’s industrial policies, washing machine prices, 2018 twin deficits, US inflation 2021-22, and Zimbabwe inflation.
Cambridge University Press website for the textbook here.
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