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Table of contents

  1. Front Matter
    Pages i-x
    PDF

  2. Introduction

    1. Introduction
      Graham Bird
      Pages 1-3

  3. Theory

    1. Front Matter
      Pages 5-5
      PDF
    2. An Open-Economy Macroeconomic Model
      Graham Bird
      Pages 7-23
    3. Trade Functions and Capital Movements
      Graham Bird
      Pages 24-34
    4. Balance of Payments Theory
      Graham Bird
      Pages 35-48
    5. Theories of Exchange-Rate Determination
      Graham Bird
      Pages 49-65

  4. Policy

    1. Front Matter
      Pages 67-67
      PDF
    2. Stabilisation Policy in an Open Economy
      Graham Bird
      Pages 69-96
    3. Exchange-Rate Management and Policy
      Graham Bird
      Pages 97-112
    4. Global Macroeconomic Management
      Graham Bird
      Pages 113-123

  5. Applications

    1. Front Matter
      Pages 125-125
      PDF
    2. United States Domestic Macroeconomic Policies, Dollar Overvaluation, and their Effects on the US Economy and the Rest of the World
      Graham Bird
      Pages 127-138
    3. The International Monetary Fund and Stabilisation Policy in Small Open Economies
      Graham Bird
      Pages 139-150
    4. The European Monetary System and the United Kingdom
      Graham Bird
      Pages 151-158
    5. The Global Macroeconomic Effects of Changing Oil Prices
      Graham Bird
      Pages 159-166
  6. Back Matter
    Pages 167-184
    PDF

About this book

Introduction

A non-mathematical introduction to the macroeconomic analysis of both the open economy and the world economy. The text assumes a basic understanding of macroeconomics and is of interest to policy-makers and second year undergraduates.

Keywords

economics international economics macroeconomics regions

Authors and affiliations

  • Graham Bird
    • 1
  1. 1.University of SurreyUK

Bibliographic information

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