Victor argy is one of the original architects of the modern approach to international finance with its emphasis on the high integration of countries capital markets and the importance of expectations. 1 overview objectives introduction to international macroeconomics and review and analysis of current international macroeconomic and financial issues policies and events including outlook for the global economy in developed markets and emerging markets growth inflation interest rates exchange rates and asset prices in the global . International economics theory and policy chapter 1 introductory trade issues history institutions and legal framework economics is a social science whose purpose is to understand the workings of the real world economy an economy is something that no one person can observe in its entirety we are all a part of the economy we all buy and sell things daily but we cannot observe all parts . Get this from a library international macroeconomics theory and policy victor e argy. Get this from a library international macroeconomics theory and policy victor e argy describes the evolution of and experiences with global exchange rate regimes introduces analysis of open economy models applies the model framework to address key policy issues and reviews some
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