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Theories of International Economics (Paperback)
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Theories of International Economics (Paperback)
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International economic theories emerged within particular social,
economic and political frameworks and were developed as solutions
to the problems of contemporary economics. In order to understand
the increasingly complex and interdependent state of today's
international economy, we need to realise the importance of those
theories that came before. However, many international economics
textbooks do not place the theories they discuss within this
historical context. Theories of International Economics aims to
redress the balance by taking a pluralistic approach, presenting
with authority both orthodox and heterodox international economic
theories. Each chapter shows the necessarily interdependent nature
of schools of international economic theories by including an
historical component that shows how each school of thought
developed, why it developed and what it has to say about the
contemporary world. This text examines a wide range of theories
with an emphasis on the benefits of a pluralistic approach,
addressing schools of thought including Classical, Neoclassical,
Keynesian, Post Keynesian, Marxian, Austrian, Institutional and
Feminist Economics, Mercantilism and Neo-Mercantilism, alongside -
and in relation to - each other. This approach allows the scholarly
value of each approach to be understood and appreciated, and in
doing so enables a greater understanding of the world economy. This
book is suitable for use as either a core or supplementary text on
international economics and international political economy
courses.
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