International Economics and Business
Fully updated with the latest theoretical insights, data, and statistics, this third edition combines the dual perspectives of international economics and international business to provide a complete overview of the changing role of nations and firms in the global economy. International Economics and Business covers the key concepts of an introductory course on the global economy. It avoids complicated mathematical theory to ensure accessibility for all disciplines and includes 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. Supported via full suite of online resources including quizzes, data exercises, additional reading lists, lecture slides, as well as color versions of over 150 figures, 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.
- Fully updated with the latest theoretical insights, data, and statistics, including real world case studies to engage students with up-to-date context and information
- The only textbook to fully integrate an analysis of international economics and international business to show students how globalization, international firms, and national governments shape the world economy
- Mathematical treatments are avoided to ensure students without mathematic prerequisites can engage with the topic, making it ideal for undergraduate students in business, economics, and other social science disciplines
Reviews & endorsements
‘International trade and international business are usually studied in separate worlds - one of nations, another of firms - in teaching and even in research. This textbook integrates the two, bringing a unified vision to benefit students in future careers, whether in business, government, international institutions, or academic research. The new edition is a welcome update for the fast-changing world.’ Avinash K. Dixit, Princeton University
‘In an era when international trade and international business often remain segregated in both teaching and research, this book is refreshing and insightful. This third edition takes a major step forward, with new chapters on the nature of trade and foreign direct investment, global value chains, and the profound influence of crises on international enterprises. This expansion enriches the book, making it an indispensable resource for both students and instructors seeking a single, well-rounded textbook that adeptly combines international economics, encompassing trade and finance, with the complexities of international business, including multinational enterprises and cross-border investments.’ Gaaitzen de Vries, University of Groningen
‘This is not just another introduction to international economics or international business. This book uniquely integrates these two fields of enquiry and is an extremely valuable resource for students in economics and business studies. This third edition makes a big step forward by offering a range of new insights and examples, focusing on the role of the international firm as a central actor in international trade, foreign direct investments, and global value chains, and paying more attention to the current backlash against globalisation.’ Davide Castellani, University of Reading
Review of the first edition: 'This is a fascinating book with a practical approach to international economics that enhances our understanding of the globalisation process.’ Hans-Werner Sinn, President, Ifo Institute for Economic Research, Munich
‘A highly readable textbook for a first course on the global economy that includes elements of international economics and business.’ Evert Van der Sluis, South Dakota State University
Product details
December 2023Hardback
9781009427647
306 pages
260 × 184 × 20 mm
0.8kg
Available
Table of Contents
- Part I. Introduction:
- 1. The Global Economy
- 2. Nations and Firms
- Part II. International Competition:
- 3. Trade, Comparative Advantage, and Technology
- 4. Trade and Firm Competition
- 5 Firms and the Structure of Trade
- 6. The Liability of Distance and Foreignness
- Part III. International Organization
- 7. Global Value Chains
- 8. Managing Across Borders
- 9. Risks, Crises, and International Firms.