International Money and Finance / Edition 8

by Michael Melvin

Overview

Its high-level perspective on the global economy differentiates this introduction to international finance from other textbooks. Melvin and Norrbin provide essential information for those who seek employment in multinational industries, while competitors focus onstandard economic tools and financial management skills. Readers learn how to reach their own conclusions about trends and new developments, not simply function within an organization. The 8^th edition, newly updated and expanded, offers concise descriptions, current case studies, andnew pedagogical materials to help readers make sense of global finance.

Product Details

ISBN-13:	9780123852472
Publisher:	Elsevier Science
Publication date:	09/20/2012
Edition description:	Older Edition
Pages:	336
Product dimensions:	6.10(w) x 9.10(h) x 0.90(d)

About the Author

Michael Melvin is with the Rady School of Management at UCSD where he coordinates and teaches in the Master of Finance program. Prior roles include Managing Director and Head of Currency and Fixed Income Research at BlackRock, Adjunct Professor at the Haas School of Business at UC Berkeley, Co-editor of the Journal of International Money & Finance, and Professor of Economics at Arizona State University.

Stefan Norrbin is a Professor of Economics. His research interests and fields of specialization are in International Finance and Trade, Applied Macroeconomics, and Applied Econometrics. After earning his Ph.D. from ASU in 1986, Dr. Norrbin joined the University of Alabama at Tuscaloosa as an Assistant Professor of Economics for three years. He left the UA to work with McKinsey & Co. in Stockholm, Sweden, as an Associate/Financial Institutions Specialist. His tasks were to research and advice on mergers and strategic positioning of banks and insurance firms. In 1990 Dr. Norrbin joined the Florida State University as a professor of economics.

Table of Contents

1. The Foreign Exchange Market.
2. The Balance of Payments.
3. Past and Present International Monetary Arrangements.
4. Forward-Looking Market Instruments.
5. Exchange Rates, Interest Rates, and Interest Parity.
6. Foreign Exchange Risk and Forecasting.
7. International Investment and Capital Flows.
8. Prices and Exchange Rates: Purchasing Power Parity.
9. Determinants of the Balance of Trade and Payments.
10. Exchange Rate Determination.
11. Import and Export Financing.
12. Financial Management of the Multinational Firm.
13. International Banking, Debt, and Risk.
14. Macroeconomic Policy in the Open Economy.

What People are Saying About This

From the Publisher

Combines finance with macroeconomics to reveal the profound roots of recent crises and current trends in international financial management

Editorial Reviews

"International Money and Finance is an excellent resource for both international and multinational finance courses. The combined coverage of both topics – the environment of international financial institutions and instruments, and financial management tools for multinational corporations – makes it easier for students to grasp the impact of both on businesses that increasingly operate in a global environment." —Anne M. Alexander, University of Wyoming

"This latest edition of the best-selling book discusses a number of important and somewhat complex concepts in international money and finance in a succinct, lucid yet analytical manner." —Ramkishen S. Rajan, George Mason University and National University of Singapore

"The authors do an exceptional job of including this extensive range of topics in international money and finance, which provides high-level perspective on the global economy. I expect it will be a standard textbook for instruction and reference over the years." —Suleyman Degirmen, Mersin University

"A concise, well-written, rigorous but at the same time easily accessible exposition of international finance." —Firat Demir, University of Oklahoma

"This textbook is an excellent source for graduate and advanced undergraduate students around the world. The authors have carefully prepared each chapter with updated information on various financial issues, including risk management and banking". —Viviana Fernandez, Universidad Adolfo Ibañez

From the Publisher