Are you teaching international economics next spring? Or are you interested in learning more about the subject? Consider adopting/purchasing this book. New textbookBy myself and Douglas Irwin (To be published by Cambridge University Press around December 2024)
support Avinash Dixit, Barry Eichengreenand Jeffrey Frankel:
“At a time when globalization is under threat everywhere, a clear, simple analysis of the effects of international trade and finance—who wins and who loses, what risks arise and are mitigated, what policies best strike a balance—needs to be grounded in good theory and supported by data relevant to today’s world. Chinn and Irwin provide just that in this excellent new textbook. I hope it will be required reading for the general public, not just for classrooms.
use.”
— AVINASH DIXIT, Princeton University
“Two outstanding international economists bring us a first-rate new textbook, written with exceptional clarity and accessible to the average student. It is full of recent historical examples, such as the impact of the Russian war in Ukraine on world wheat prices. Historical examples introduce each chapter, and then the theory is explained later.”
— JEFFREY FRANKEL, Harvard University
“Chinn and Irwin’s International Economics is clear but accessible. Economic theory comes alive with a combination of practical applications, historical examples, and real-world applications. Students will definitely engage.”
—Barry Eichengreen, University of California
General description:
The globalized world economy is more important than ever. This book provides a clear and up-to-date look at the economic foundations of the international economy. With attractive presentation and rich full-color diagrams and graphs incorporating modern trade data, the author explains key concepts in a way that is appealing and accessible to students of all disciplines. Economic models are discussed in the following contexts:
Addresses current international trade issues to help students understand concretely how different frameworks can help them understand the real world. Written for undergraduates taking their first international economics course, this book includes:
Boxes showing how theory can be applied in practice, real-world applications for every chapter, and over 240 end-of-chapter questions to help students fully engage and integrate their learning. Online resources for instructors include a solutions manual, lecture slides, and figures and tables (JPEGs) from the book.
Separate textbooks are provided for International Trade and International Finance, and supplementary materials (slide decks, test banks) are also provided.
Real-world examples covered in the textbook include past and recent events such as the Shogun, Trump tariffs, China’s industrial policy, washing machine tariffs, the twin deficits of 2018, US inflation in 2021-2022, and hyperinflation in Zimbabwe.
Cambridge University Press website for textbooks here.
