Professor Rødseth provides a broad survey of open economy macroeconomics within a unified framework. This upper-level book reviews the theories employed by ministries of finance, central banks and financial institutions that form the basis for most quantitative models of open economies. It also points out the limitations of these theories and gives an update on recent research. The emphasis is on how the nature of the markets for foreign exchange and for exports and imports sets the stage for government policy and determines the macroeconomic effects of external and internal shocks.

`We are all acutely aware of the increasing role in economic life of financial markets, institutions and operations and the pursuit of financial rewards, that is financialization. This book helps us to understand this dominant feature of neo-liberalism by examining the distributional implications, the effects of financialization on the US economy, international dimensions and monetary system, financial crises and policy responses. The breadth and depth of the analyses in this book will make it a most important contribution to the awareness of the problems raised by financialization and to the development of policy responses.' - Malcolm Sawyer, University of Leeds, UK `This is a valuable collection of articles on financial globalisation from leading unorthodox economists. Edward... Less

This applied, practical approach to environmental economic theory is ideal, even if you have minimal economics exposure. The text's strong focus on policy and solid economic theory combines with timely real applications. You gain a clear perspective of the relationship between market activity and the environment with a robust business perspective that's often overlooked in other similar texts. The book emphasizes the use of economic analytical tools, such as market models, benefit-cost analysis, and risk analysis, to assess environmental problems and evaluate policy solutions.

Susan Mann focuses on a longstanding controversy in sociological theory: why has agriculture been traditionally resistant to wage labor? Capitalist develoment has been slower and more uneven in agriculture than in other spheres of production, and major parts of the rural economy remain almost preindustrial in their reliance on family labor, lack of separation between industry and household, and failure to develop a highly specialized division of labor. Emphasizing the agriculture of the American South, Mann adopts an interdisciplinary approach, drawing insights from history and economics as well as sociology.Mann points out that most theories of agrarian capitalism -- both Marxist and non-Marxist -- ignore the implications of agriculture as a production process centered in nature,... Less

Examine the changing structure of the family as America’s population ages!As the United States’ economy evolves and manufacturing jobs disappear, the prospect of each generation experiencing a standard of living that exceeds that of their parents’ generation also disappears. Challenges of Aging on U.S. Families: Policy and Practice Implications explores this trend, presenting the latest original research on the changing roles of caregivers along with the economic and emotional effects on the family unit. Respected authorities discuss in detail long-term care and the standard of living of families, with a focus on the effects of changing family structures on families themselves and society at large. The coming boom in the population of the aging will impact families at several levels... Less

Thoroughly revised in this second edition, Engineering Economy: Applying Theory to Practice combines real-world problems minicases, and examples with a solid theoretical foundation in engineering economy. This innovative book covers all the standard topics included in the Fundamentals of Engineering (FE) Exam. It clearly illustrates concepts and methods--such as cost estimating, sensitivity analysis, probability, and multiple objectives-- needed for successful application of engineering economy in industry practice. In addition, fully integrated Excel spreadsheets throughout the text function as indispensable analytical tools for problem-solving and understanding. Engineering Economy: Applying Theory to Practice, 2/e, is a comprehensive introductory text suitable for upper-division... Less

Free Worldwide Delivery : Macroeconomic Theory : Hardback : The University Press Group Ltd : 9780691116402 : 0691116407 : 01 Feb 2008 : Emphasizing the general equilibrium character of macroeconomics, this book explains effects across the whole economy, not just part. It presents the simplest general equilibrium macroeconomic model for a closed economy, and develops a comprehensive model of the open economy.

Why are some countries richer than others? Why do some economies grow so much faster than others do? Do economies tend to converge at similar levels of per capita income? Or is catching up simply impossible? These questions have vast implications for human welfare. After a period of lack of interest in growth theory, they are back on the research agenda of mainstream economics. They have also been at the heart of development economics since its inception some decades ago. This book endeavors to answer such questions by blending classical contributions to development theory with recent developments in the economics of growth.The unifying theme is that early theoretical insights and accumulated empirical knowledge of development economics have much to offer to research in the theory and... Less

Economic growth and development theory and policy are undergoing major transitions. Empirically, the rapid per capita income convergence of many nations attests to a world economy that will defy the slow historic patterns of economic growth. After World War II, development economists divided the world into rich and poor countries, followed by the "twin peaks" notion that divided the world into three camps. The modern theory of per capita convergence asserts the end of poverty and the disappearance of income classification among nations at rapid rates. Since the 70s, some 2.9 billion people have graduated out of $1, $2, and $3 per day poverty income levels. The implications of this transformation are enormous. Nation states can reach prosperity in a matter of decades rather than... Less

This book simplifies the grooming process by outlining the five basic skills that are essential to each grooming job. Helps groomers transfer skills from one breed to the next to create well-balanced, breed-specific cuts. Paperback, 128 pages. Limited Time Only - Get $5.99 flat rate shipping on your order of $150 or more. Exclusions apply.

Author Penny Lee Dean, a swimming legend and world-record holder in 13 events, shares her unique knowledge of racing and solo swims in Open Water Swimming. From Innovative stroke techniques to navigation strategies, Dean's insights are invaluable to long-distance swimmers, marathon swimmers, triathletes, and their coaches.Open Water Swimming features13 stretches for increased flexibility and smooth stroke technique,16 practice drills for improved form, and43 different workouts for greater enduranceWhether you're a beginner-level open water swimmer or you're about to brave the English Channel - which Dean swam in world-record time - Open Water Swimming provides the conditioning plans, event profiles, and mental training techniques you need to succeed.

This book presents a general explanation of how states develop their foreign policy. The theory stands in contrast to most approaches-- which assume that states want to maximize security--by assuming that states pursue two things, or goods, through their foreign policy: change and maintenance. States, in other words, try both to change aspects of the international status quo that they don't like and maintain those aspects they do like. A state's ability to do so is largely a function of its relative capability, and since national capability is finite, a state must make trade-offs between policies designed to achieve change or maintenance. Glenn Palmer and Clifton Morgan apply their theory to cases ranging from American foreign policy since World War II to Chinese foreign policy since 1949... Less

This book is the first major exploration of Indian political economy using a constructivist approach. Arguing that India's open-economy policy was made, justified, and continued on the basis of the idea of openness more than its tangible effect, the book explains what sustained the idea of openness, what philosophy, interpretations of history, and international context gave it support, justification, and persuasive force. Drawing on a wide range of contemporary and historical sources, and going as far back as the 19th century, the author reconstructs how Indian policymakers have interpreted economic priorities, perceived success and failure, and evaluated the destiny of their nation. By the 1990s, their imperatives increasingly highlighted a sense of rivalry, especially with China, and... Less

The work of A. V. Chayanov is today drawing more attention among Western scholars than ever before. Largely ignored in his native Russia because they differed from Marxist-Leninist theory, and neglected in the West for more than forty years, Chayanov’s sophisticated theories were at last published in English in 1966. That trenchant is reprinted in this Wisconsin paperback edition, which includes a new introduction by the sociologist Teodor Shanin, of the University of Manchester, one of the world’s leading Chayanov scholars. The Wisconsin edition will be essential reading for political scientists, anthropologists, and all whose interests include peasant studies, Third World development, and women’s studies. "The past two decades have seen the emergence of a whole new field ... Less

Library Store Premium Repositionable Self-Adhesive Book Pockets with reinforced sides and top edges outlast other book pockets! Our most economical Extra Low Back Book Pockets feature a lower back panel and shorter, 2 1/2 in. H pocket TLS book pockets feature unique fold-over construction with reinforced top and side edges to prevent wear and extend the life of the pocket Made from highest grade, #77 pale cream, acid-free, high-fiber content paper to insure tear resistance and durability Repositionable, self-adhesive backing features a full-coverage, delayed action, acid-free adhesive that becomes permanent in a few hours Measures 3 1/4 in. H x 3 1/2 in. W with a 2 1/2 in. D pocket Unprinted front pocket offers space for labeling 100 per Pkg

This unique collection examines the social justice implications of contemporary economic, finance, and budgeting policies affecting the K-12 education system in the United States. The authors included in this volume provide critiques and explorations of several established theories and policy approaches that undergird contemporary thinking in the field of school finance. These explorations offer themselves as foundations for building new frameworks to understand how school finance policies might better support broader changes needed to improve the educational conditions faced by those individuals and groups traditionally underrepresented in economic, political, and social policy arenas.

`Richard Wagner's process-oriented analysis of the public sector offers an insightful alternative to standard public finance theory and a powerful critique of neoclassical welfare economics. His ideas will prove valuable to any scholar interested in understanding the economic activities of government.'- Randall G. Holcombe, Florida State University, US`Written by one of the premier scholars of fiscal process in the world, this book takes an approach that mixes common sense and a radical redefinition of the nature of fiscal process. Rather than an incremental advance in assessing taxing and spending, Richard Wagner opens new vistas by examining the foundations of collective activity. He rejects the standard treatment of fiscal management as a corrective to market failure, and starts with... Less

This volume discusses the determinants of happiness and presents case studies of how public policy can help promote happiness. Happiness is a private matter and individual pursuit, however public policy does have an important role and can contribute much through various enabling means. Possible examples of such influence include establishing a set of institutions that allow private enterprises to flourish, investing in infrastructure and in education, protecting people from harm and reducing risks and alleviating pain when harm is unavoidable. This book takes a multidisciplinary approach that encompasses Economics, Psychology, Sociology, Anthropology, Political Science and an international perspective.

The Rybka 4 opening book is a high-class compilation of opening theory. It was developed for the world's strongest chess entity - 100 cores cluster Rybka and program Rybka4 and will maximize the programE's playing strength. The choice of variations in the book is well suited to the style of the program, and the book has been fine-tuned and checked in thousands of games. The Rybka Book include 17 million positions and over 700.000 games, which were selected from following sources: TOP human practice, correspondence chess games and computer chess games (up to April 2010). And this is only the starting point: the value of the book lies in over 700 original analysis and move choices, which lead to a re-evaluation in many critical points of modern theory. This makes it useful for tournament... Less

Much orthodox economic theory is based on assumptions which are treated as self-evident: supply and demand are regarded as independent entities, the individual is assumed to be a rational agent who knows his interests and how to make decisions corresponding to them, and so on. But one has only to examine an economic transaction closely, as Pierre Bourdieu does here for the buying and selling of houses, to see that these abstract assumptions cannot explain what happens in reality. As Bourdieu shows, the market is constructed by the state, which can decide, for example, whether to promote private housing or collective provision. And the individuals involved in the transaction are immersed in symbolic constructions which constitute, in a strong sense, the value of houses, neighbourhoods and... Less

The study of metropolitan political economies in the United States has provided much of the intellectual inspiration for the research of the Workshop in Political Theory and Policy Analysis at Indiana University. The readings collected in Polycentricity and Local Public Economies present an overview of the results of this research program on police services and metropolitan governance as well as enduring lessons for institutional analysis and public policy. Polycentricity and Local Public Economies presents both explorations of broad general concepts and specific empirical analyses. The many interactions between the two modes of analysis provide valuable insights for the reader. Readings in the first section cover basic theoretical concepts and analytical distinctions that apply to the... Less

Macroeconomic Theory is the most up-to-date graduate-level macroeconomics textbook available today. This book truly offers something new by emphasizing the general equilibrium character of macroeconomics to explain effects across the whole economy, not just part. It is also the perfect resource for economists who need to brush up on the latest developments. Michael Wickens lays out the core ideas of modern macroeconomics and its links with finance. He presents the simplest general equilibrium macroeconomic model for a closed economy, and then gradually develops a comprehensive model of the open economy. Every important topic is covered, including growth, business cycles, fiscal policy, taxation and debt finance, current account sustainability, exchange-rate determination, and an... Less

Edited by Michael B. Paulsen and John C. Smart, this volume is a comprehensive examination of policies and practices and the essential theories and areas of research that comprise the field of higher education finance. Nine of the fifteen chapters were written for this volume; the other six are reprinted from various volumes of Higher Education: Handbook of Theory and Finance, each with an updating epilogue provided by the authors. A unique feature of the book is its comprehensive, systematic presentation of the theories and models from the policy science of economics that have been the most frequently and productively applied to the study of higher education finance. These perspectives include human capital theory, public sector economics, the microeconomic theories of cost and... Less

The world has now faced the most severe global economic crisis since the Great Depression of the 1930s. Governments have responded to the crisis with many initiatives, often with implications for the openness of their national economies to global markets. While the primary objectives have been to support demand and thus economic activity and employment, recognition of cross-border spillovers has led to calls for international cooperation and to refrain from beggar-thy-neighbo ur measures. Arguably these calls have been heard. Efforts have been made to coordinate policy responses, through the G20 and other fora. As recovery becomes an ever greater prospect in late 2009, the question arises as to whether current, primarily non-binding inter- governmental cooperation will be sustained... Less