The creation of Monetary Union marked a major step in the evolution of the European Union. Is the EU now taking the next step of deeper integration towards a fully-fledged economic government? The book seeks to answer this question by studying the evolution, execution and performance of new modes of economic policy co-ordination as potential stepping-stones...

This book provides a critical overview and assessment of the WTO's dispute settlement procedures in the context of several recent trade-related disputes between the EU and the US.

Case studies provide comprehensive insights into the contemporary regulation of international trade and workings of the WTO. Topics covered include:

* a critique of the GATT...

For twenty years since the publication of his seminal paper 'The Market for "Lemons"', George A. Akerlof's work has changed the way we see economics, and the economics of information in particular. In abandoning the perfect-competition benchmarks of classical economics, the pragmatic modern economics championed by Akerlof has provided deep insights into markets...

Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models. The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic growth model is solved with the help of value function iteration...

Agriculture contributes only about a quarter of India's total GDP, but its importance in the economic, social, and political fabric of India goes beyond what mere numbers indicate. Central to policy making in India is the enduring concern with the large number of poor agricultural households and their income vulnerablity. These concerns, in turn, drive...

Libraries are continuing to evolve as a result of the dual pressures of technology and user access. The new digital media forms are enabling librarians to find new methods of information delivery. Libraries and librarians need to be aware of the legal ramifications of the new technologies that are available. This book provides an authoritative and practical guide to the subject.

It has long been recognized that productivity growth and the business cycle are closely interrelated. Yet, until recently, the two phenomena have been investigated separately in the economics literature. This book provides the first consistent attempt to analyze the effects of macroeconomic volatility on productivity growth, and also the reverse causality from growth to business cycles.

Witztum's text is a robust and challenging introduction to the key principles of economics. It delivers a comprehensive and focused view of the logical core of economic analysis. Presented in a clear and accessible form, the content is nonetheless sufficiently developed to take students beyond mere fundamentals, teaching them to apply economic theories and models to recognisable...

This book argues that the capacity of a country to develop, and the levels of economic and social development achieved, depend more on the institutional parameters within which the development policies are implemented than on the policies themselves. It contends that forces of globalisation influence individual countries' economic and social institutions.

Hubbard & O'Brien is the only book that motivates students to learn economics through real business examples.   
The #1 question students of economics ask themselves is: "Why am I here, and will I ever use this"?  Hubbard & O'Brien answer this question by demonstrating that real business use economics to make real decisions on a daily basis.