International finance and open-economy macroeconomics

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This rigorous textbook makes complex models accessible to students through a unique two-tier structure appealing to undergraduates, graduates, and researchers. Primarily aimed at undergraduates, it focuses on graphic analysis and elementary algebra. Each chapter features a mathematical appendix that examines topics at a level suitable for advanced students, including generalizations and cutting-edge research not covered in the main text. The thoroughly revised edition reflects the latest research in international finance, addressing all aspects of the field. Unlike other works that present alternative viewpoints, this book offers a balanced, objective, and rigorous approach. The second edition, first published in 2001, organizes material into a text and appendices, catering to both undergraduate courses and advanced studies in international finance and macroeconomics. It updates classic topics and incorporates recent advances in theory and modeling, along with discussions on empirical testing and relevant literature. This book is an essential resource for serious scholars in International Finance and serves as a comprehensive guide for quality courses. Giancarlo Gandolfo, a distinguished author in mathematical modeling and international economics, presents a clear and expansive treatment of the subject, making it ideal for advanced undergraduate and graduate classes.