Author Description
The World Economy provides a comprehensive and accessible introduction to the principles of international economics. It covers the essential topics of trade theory, international finance, and the institutions that shape the global economic landscape, offering readers a clear understanding of how nations interact in an increasingly interconnected world.
Menrva's Summary
THE THESIS
This text investigates the complex mechanisms governing international trade, monetary systems, and the integration of global markets. Beth V. Yarbrough utilizes her academic background in economics to synthesize historical trade patterns with contemporary financial data. The book provides a structured framework for understanding how national policies interact within the broader context of the world economy.
THE SCOPE MAP
What You Will Find
- Analysis of international trade theory and policy
- Examination of exchange rate determination and balance of payments
- Discussion of global financial institutions and their impact on developing nations
Scope Limits
- Does not provide specific investment advice or stock market forecasting
- Excludes detailed microeconomic analysis of individual firm behavior
THE AUTHORITY PERSPECTIVE
Experts frequently cite this work as a foundational text for students seeking to understand the mechanics of international economic relations. Readers often note the academic density of the prose, which serves as a comprehensive resource for those pursuing formal study in the field.
Page Count:
131
Publication Date:
1988-01-01
Publisher:
Harcourt Brace College Publishers
ISBN-10:
0030034779
ISBN-13:
9780030034770
Economics
Macroeconomics
Finance
International Trade
Global Markets