The Rate of Exchange and the Terms of Trade
Autor S. A. Ozgaen Limba Engleză Hardback – 26 iul 2017
Ozga provides an intelligible theoretical outline of the rate of exchange, the terms of trade, and the balance of trade that brings into focus the complementarity of various widely used models. Simple supply and demand relations are developed to establish a link between the classical and Keynesian approaches and between the partial and the general equilibrium methods; and the emphasis is always on clarifying the part that the relations considered in individual models would actually play in a more comprehensive system.
Requiring some familiarity with economic theory but no previous training in mathematics, this simple and concise volume is exceptionally well suited to courses on the macro-theory of international trade and is useful reading for all courses in macroeconomics.
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Specificații
ISBN-13: 9781138538139
ISBN-10: 1138538132
Pagini: 124
Dimensiuni: 152 x 229 x 10 mm
Greutate: 0.45 kg
Ediția:1
Editura: Taylor & Francis
Colecția Routledge
Locul publicării:Oxford, United Kingdom
ISBN-10: 1138538132
Pagini: 124
Dimensiuni: 152 x 229 x 10 mm
Greutate: 0.45 kg
Ediția:1
Editura: Taylor & Francis
Colecția Routledge
Locul publicării:Oxford, United Kingdom
Cuprins
I: The Subject Matter; II: Supply and Demand; III: The Value of Money Effect and the Trade Effect; IV: The Real Income Effect; V: The Rate of Exchange; VI: The Terms of Trade; VII: Continuous Adjustments
Descriere
This volume originated in a course of lectures which the author originally gave at the Universitu lnternationale de Sciences Comparues at Luxembourg