International Economics and Business (2nd Ed., Revised edition)
Nations and Firms in the Global Economy

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Combining economics and business perspectives, this undergraduate textbook explores key principles of the world economy through a uniquely integrated lens.

Language: English
Cover of the book International Economics and Business

Subject for International Economics and Business

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500 p. · 17x24.4 cm · Hardback
With a new title (following the successful first edition of Nations and Firms in the Global Economy), this second edition undergraduate textbook combines the dual perspectives of international economics and international business, providing a complete overview of the changing role of nations and firms in the global economy. International Economics and Business covers the key concepts typically included in an introductory course on the global economy, supported by contemporary case studies from the international business world. The result is a practical guide to the world economy for undergraduate students in economics and business, also suitable for students in other social science disciplines. Updated to include the latest theoretical insights, data and case studies, with online quizzes, data exercises and additional reading, International Economics and Business is a lively and engaging textbook providing a complete and practical understanding of international economics and globalization through a uniquely integrated lens.
Preface; Part I. Introduction: 1. The global economy; 2. Getting the numbers right; Part II. Firms, Trade, and Location: 3. Trade, comparative advantage, and competition; 4. Modern trade theory: the role of the firm; 5. Trade restrictions and trade policy; 6. Firms, location, and distance; 7. Managing across borders; Part III. Capital, Currency, and Crises: 8. Exchange rates; 9. Currency crises and exchange rate policy; 10. Gains from international capital mobility; 11. Financial crises, firms, and the open economy; 12. The Great Recession; Part IV. Consequences of Globalization: 13. Globalization and growth; 14. Globalization and inequality; References; Index.
Sjoerd Beugelsdijk is Professor of International Business and Management at the University of Groningen.
Steven Brakman is Professor of International Economics at the University of Groningen.
Harry Garretsen is Professor of International Economics and Business at the University of Groningen.
Charles van Marrewijk is Professor of International Macroeconomics at Utrecht University School of Economics (since 2008) and Director of the Tjalling Charles Koopmans Institute (since 2009). He studied horticulture and worked as a grower before studying economics in Holland at Erasmus University Rotterdam (1981–1985, BA and MA) and in the United States at Purdue University (1985–1988, MSc and PhD). He worked at the University of Groningen (1987–1990) and at Erasmus University Rotterdam (1990–2008), where he was also Academic Director of the Institute of Housing and Urban Development Studies (2007–2008). His research focuses on international economics, geographical economics, economic growth, development economics, and urban economics. He is currently the European editor of The Journal of International Trade and Economic Development and associate editor of the Journal of Regional Science. He has organized several international conferences and served as a guest editor for various special issues of the above two journals. His research output is widely cited and has appeared in many top (field) journals, including the Journal of International Economics, the Journal of Development Economics, the Journal of Economic Geography, the International Economic Review, the Journal of Economics and Management Strategy, Oxford Economic Papers, Economica, the International Journal of Industrial Organization, the Journal of Population Economics, and the Journal of Regional Science. He has also (co-)authored ten books, eight of which were published either by Cambridge University Press or Oxford University Press (of which two were translated into Chinese).