Written for undergraduates taking courses in international economics, this text by Appleyard, Field and Cobb covers the basics of international economics, payments, exchange rates and macro policy and trade theory and policy.
This book describes and analyses the activities and procedures through which the professional economist may advise on matters of public policy, specifically on the performance of an economic system. The author shows that the decision-making component within a system may be defined in terms of optimal policies for attaining well-specified objectives, but that the choice of rules by which the sys…