{"product_id":"international-monetary-economics-bennett-t-mccallum-9780195094947","title":"International Monetary Economics","description":"\u003cem\u003eInternational Monetary Economics\u003c\/em\u003e 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; and 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 concepts 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 chapters 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.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Bennett T. McCallum\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0195094948\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780195094947\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Oxford University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 01\/25\/1996\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 280\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.11lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.50h x 6.40w x 0.91d","brand":"Bennett T. McCallum","offers":[{"title":"Hardcover","offer_id":46383851569407,"sku":"9780195094947","price":214.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_937bcf0d-fe0d-4c8b-bdce-36aac95655f7.jpg?v=1733281864","url":"https:\/\/www.whiterainbookhouse.com\/products\/international-monetary-economics-bennett-t-mccallum-9780195094947","provider":"WR Book House","version":"1.0","type":"link"}