Now in its third edition, Hendrik Van den Berg’s International Economics: A Heterodox Approach covers all of the standard topics taught in undergraduate international economics courses. Written in a friendly and approachable style, this new edition is unique in that it presents the key orthodox neoclassical models of international trade and investment, while supplementing them with a variety of heterodox approaches. This pluralist approach is intended to give economics students a more realistic understanding of the international economy than standard textbooks can provide.
Changes to the new edition include:
- updates throughout to reflect recent world events, including coverage of trade negotiations and the Greek crisis;
- expanded discussion of pluralist approaches with more coverage of alternative schools of thought;
- discussions of the growing financialization of global economic activity;
- additional real-world examples;
- increased coverage of environmental issues; transnational corporations and their behavior in the international economy; the difference between international investment and international finance; and monetary history;
- a consolidated and updated chapter on international banking.
This book also maintains a broad perspective that links economic activity to the social and natural spheres of human activity, with emphasis on the distributional and environmental effects of international trade, investment, finance, and migration. Chapter summaries, key terms and concepts, problems and questions, and a glossary are included in the book. A Student Study Guide and an Instructor’s Manual are available online.
Table of Contents
Part I Introduction to International Economics
2 Introduction to Heterodoxy
Part II International Trade Theory
3 Orthodox International Trade Theory: Why Mainstream Economists Like Free Trade
4 International Trade: Beyond the Neoclassical Perspective
5 International Trade: Imperfect Competition and Transnational Corporations
6 International Trade and Economic Development
7 International Trade, Human Happiness, and Inequality
PART III International Trade Policy
8 Tariffs, Quotas, and Other Trade Restrictions
9 The History of Trade Policy
10 International Trade Policy: A Holistic Perspective
PART IV International Investment and Finance
11 International Investment and International Finance
12 The Foreign Exchange Market
13 International Banking and Financial Markets
14 Exchange Rate Crises
PART V The History of the International Monetary System
15 Early Monetary History: Ancient Times Through the End of the Gold Standard
16 The International Monetary System: Bretton Woods to the End of the Twenty-First Century
17 Another Bretton Woods Conference?
Part VI Immigration
18 Immigration: The International Movement of People
19 Immigration Policy
20 The Evolving International Economy in an Ecologically Constrained World
Hendrik Van den Berg is Professor Emeritus at the University of Nebraska, and he continues teaching at Mount Holyoke College in Massachusetts, USA.