International Economics is concerned with the effects upon economic activity of International differences in productive resources and consumer preferences and the institutions that affect them. It uses the same methods of analysis as other brunches of economics, because the motives and behaviour of individuals and firms are the same in International Trade as they are in domestic transactions.
This book reflects the changes of today's global economic landscape, including the unprecedented expansion of globalization, the increasingly crucial nature of International Economic relation, the gains from trade, and recent anti-globalization controversies such as the continuing debate over the optimal level of trade. It covers the effects and causes of trade policy; including strategic trade policy end the income-distribution effects of trade. Written for undergraduate courses in International Economics in departments of economics and schools of business this text can also be used on MBA courses.
ABOUT THE AUTHORS:
C. K. Sitaramayya has significant experience of teaching economics at undergraduate and post-graduate levels. He has worked with many famous educational institutions in India. His research interests include international trade, monetary policy, fiscal policies and developmental economics, Dr. C. K. S. has worked as an economic consultant to many private agencies on matters of pricing, managerial strategy antitrust, and regulation.
He has participated in many International and National Conferences and is a winner of many prestigious awards. He has published two books and twenty research articles.
R.C.Shelvaraj, a well known teacher, a keen researcher and an expert financial manager, is having over twenty years of professional standing. As a student, he studied economics at Graduate, Post-graduate and Doctorate levels. As a teacher, he has taught macroeconomics, microeconomics, statistics, and principles of economics. Dr. Shelvaraj is a prolific writer and a regular participant in academic and policy debates.
His research includes work on price adjustment, consumer behaviour, financial markets, monetary and fiscal policy and economic growth. He is the author of many outstanding books on economics and related issues. He also contributed learned articles on various subjects in reputed academic journals.