{"product_id":"international-monetary-economics","title":"International Monetary Economics","description":"\u003cp\u003eInternational Monetary Economics presents a brief introduction to the major topics of the subject area together with an analytical framework that is designed to facilitate a better understanding of international monetary economics. The text concentrates on concepts and relationships involving exchange rates and balance-of-payments magnitudes; the construction and manipulation of a small but versatile model of exchange rate and balance-of-payments behavior;\n\u003cbr\u003eand the description of current and prospective arrangements for multicountry cooperation in Europe and elsewhere.  These broad topics are arranged in three main parts. In Part I the author presents basic\n\u003cbr\u003econcepts and a historical perspective on the US and global economy, with emphasis on the evolution of international monetary institutions since 1800. Part II introduces the basic analytical model -- usable with fixed and floating exchange rates, in which capital mobility is complete, real exchange rates are variable, and investment spending is endogenous. In addition, there is a relatively long chapter devoted to dynamic analysis with rational expectations. And finally, Part III contains three\n\u003cbr\u003echapters on policy, including a full chapter on the European Monetary System, making this text ideal for both economic and finance courses that specifically focus on international economics.\u003c\/p\u003e","brand":"Oxford University Press","offers":[{"title":"Default Title","offer_id":46059360518382,"sku":"9780195094947","price":331.74,"currency_code":"AUD","in_stock":true}],"url":"https:\/\/bookland.com.au\/products\/international-monetary-economics","provider":"Book Land AU","version":"1.0","type":"link"}