International Macroeconomics

Theory, Policy, and Applications

  • Graham Bird

Table of contents

  1. Front Matter
    Pages i-xii
  2. Introduction

    1. Graham Bird
      Pages 1-2
  3. Theory

    1. Front Matter
      Pages 3-5
    2. Graham Bird
      Pages 7-23
    3. Graham Bird
      Pages 24-34
    4. Graham Bird
      Pages 35-48
    5. Graham Bird
      Pages 49-65
  4. Policy

    1. Front Matter
      Pages 67-67
    2. Graham Bird
      Pages 69-96
    3. Graham Bird
      Pages 97-114
    4. Graham Bird
      Pages 115-125
  5. Applications

  6. Back Matter
    Pages 160-171

About this book


This book provides a non-mathematical introduction to the macroeconomic analysis of both the open economy and the world economy. While it presumes some basic understanding of macroeconomics, it does not require any significant mathematical capability. The first part examines the macro theory of the open economy: the second part examines macroeconomic stabilisation policy in the context of an open economy, and the world economy: and the third part looks at various case-studies or applications of the analysis introduced in the first two parts. This has been radically rewritten to accommodate recent global economic events, and demonstrates how the theoretical discussion goes a long way to explain recent changes in the world economy. Each chapter is accompanied by some brief notes and additional references but the intention has been to keep the book short and manageable. The practical orientation of the book ensures that it will be of interest to policy-makers, but it is also suitable for first- or second-year undergraduates, either as a course text or as a supplement to other more conventional macroeconomics textbooks.


capital economic policy economics economy European Monetary Union interest macroeconomics management trade

Authors and affiliations

  • Graham Bird
    • 1
  1. 1.Surrey Centre for International Economic StudiesUniversity of SurreyUK

Bibliographic information

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