Higher Education Economics Catalogue 2014

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Resources for teaching and learning!

ECONOMICS

2014


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General Economics Macroeconomics Microeconomics

Economics & Finance

Health Economics

2014

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Experimental and Behavioural Economics Econometrics Mathematics for Economics Money, Banking and Finance Political Economy

K EY TO SY M BO L S New

New title

Ebook

Title available as an ebook

International Economics IC Web

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History of Economic Thought Introductory Books

Palgrave Macmillan Higher Education is the distributor for Worth Publishers, W. H. Freeman and Company, Sinauer Associates, Inc. and University Science Books. These titles may not be available in all areas, please consult your local representative for more information (details at www.palgrave.com/contactus/sales.asp).

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general economics

Essentials of Economics

Economics

3rd edition

3rd edition Paul Krugman Princeton University, USA and Robin Wells, formerly of Princeton University, USA

Paul Krugman, Princeton University, USA Robin Wells, formerly of Princeton University, USA and Kathryn Graddy, Brandeis University, USA Worth Publishers – A Macmillan Higher Education Company

Essentials of Economics brings the captivating writing and innovative features of Krugman/Wells to the one-term micro/macro module. It is ideal for teaching basic economic principles in a real-world context. Contents: PART I: WHAT IS ECONOMICS? • PART II: SUPPLY AND DEMAND • PART III: THE PRODUCTION DECISION • PART IV: BEYOND PERFECT COMPETITION • PART V: INTRODUCTION TO MACROECONOMICS • PART VI: ECONOMIC GROWTH AND FLUCTUATIONS • PART VII: STABILIZATION POLICY • PART VIII: THE INTERNATIONAL ECONOMY 640pp Hardback New

November 2013 9781429278508 £43.99

Ebook

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2nd edition Tyler Cowen and Alex Tabarrok, both at George Mason University, USA

Worth Publishers – A Macmillan Higher Education Company

The third edition of Paul Krugman and Robin Wells’s Economics is their most accomplished yet—extensively updated to offer new examples and stories, new case studies from the business world, and expert coverage of the ongoing financial crisis. Contents: PART I: WHAT IS ECONOMICS? • PART II: SUPPLY AND DEMAND • PART III: INDIVIDUALS AND MARKETS • PART IV: ECONOMICS AND DECISION MAKING • PART V: THE CONSUMER • PART VI: THE PRODUCTION DECISION • PART VII: MARKET STRUCTURE: BEYOND PERFECT COMPETITION • PART VIII: MICROECONOMICS AND PUBLIC POLICY • PART IX: FACTOR MARKETS AND RISK • PART X: INTRODUCTION TO MACROECONOMICS • PART XI: LONG-RUN ECONOMIC GROWTH • PART XII: SHORT-RUN ECONOMIC FLUCTUATIONS • PART XIII: STABILIZATION POLICY • PART XIV: EVENTS AND IDEAS • PART XV: THE OPEN ECONOMY 1200pp Paperback Ebook

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Modern Principles of Economics

August 2012 9781464128738 £56.99 IC

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Worth Publishers – A Macmillan Higher Education Company

Engaging authors and unbiased presentations of essential ideas inform the updated edition, drawing on a wealth of captivating applications to show readers how economics shed light on business, politics, world affairs, and everyday life. Contents: PART I: SUPPLY AND DEMAND • PART II: THE PRICE SYSTEM • PART III: FIRMS AND FACTOR MARKETS • PART IV: GOVERNMENT • PART V: DECISION MAKING FOR BUSINESSES, INVESTORS, AND CONSUMERS • PART VI: ECONOMIC GROWTH • PART VII: BUSINESS FLUCTUATIONS • PART VIII: MACROECONOMIC POLICY AND INSTITUTIONS • PART IX: INTERNATIONAL ECONOMICS 900pp Paperback Ebook

June 2012 9781464128745 £53.99 IC

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‘Modern Principles of Economics’ and ‘Economics’ are also available in Macro and Micro splits


MACROECONOMICS

Macroeconomics

Macroeconomics 3rd edition

Nils Gottfries, Uppsala University, Sweden

Paul Krugman, Princeton University, USA and Robin Wells, formerly of Princeton University, USA

‘Nils Gottfries’ thoughtful, consistent and lucid exposition breathes fresh air into a macroeconomics textbook.’ - John Driffill, Birkbeck, University of London, UK ‘This is a great book. It uses a consistent theory throughout, explains it well, and does a tremendous job in confronting theory with data.’ - Steinar Holden, University of Oslo, Norway ‘This is a superb book! It contains a rigorous treatment of the NewKeynesian model combined with illustrative examples and interesting policy discussions. Students will find the book well-written and easily accessible.’ - Fredrik NG Andersson, Lund University, Sweden ‘This book is an excellent and innovative new textbook for intermediate macroeconomics.’ - Gianluigi Vernasca, University of Essex, UK A new approach based on microfoundations combined with an essentially Keynesian policy analysis. Highly readable, direct style, with consistent treatment through the short and long run and the closed and open economy, and an international stance comparing theory with data for the Eurozone, UK and US. Up-to-date analysis of financial events. Contents: Introduction • PART I: THE LONG RUN • Production, Prices and the Distribution of Income • Interest Rates and Investment • Consumption and the Natural Rate of Interest • Capital Accumulation and Growth • Wage Setting and Unemployment • Money and Inflation in the Long Run • PART II: THE SHORT RUN • The Interest Rate and Production in the Short Run • Economic Activity and Inflation in the Short Run • PART III: ECONOMIC POLICY • Monetary Policy • Fiscal Policy • PART IV: THE OPEN ECONOMY • Exports, Imports, and International Financial Markets • The Open Economy in the Long Run • The Open Economy in the Short Run • Exchange Rate Systems and Monetary Union • PART V: BUSINESS CYCLES, POLICYMAKING, FINANCIAL MARKETS • Business Cycles • Institutions and Economic Policy • Financial Markets 576pp Paperback IC

March 2013 9780230275973 £51.99

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Worth Publishers – A Macmillan Higher Education Company

The same unique voice that made Paul Krugman a widely read economist is evident on every page of Macroeconomics. Fully revised and extensively updated with new examples and case studies, the latest edition of this core textbook integrates models with real world examples, so the relevance of the theoretical concept is clear throughout. Contents: PART I: WHAT IS ECONOMICS? • PART II: SUPPLY AND DEMAND • PART III: INTRODUCTION TO MACROECONOMICS • PART IV: LONG-RUN ECONOMIC GROWTH • PART V: SHORT-RUN ECONOMIC FLUCTUATIONS • PART VI: STABILIZATION POLICY • PART VII: EVENTS AND IDEAS • PART VIII: THE OPEN ECONOMY 600pp Paperback Ebook

July 2012 9781429283434 £51.99 IC

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Macroeconomics

Macroeconomics

Economics of Development

European Edition

8th edition

Theory and Evidence

2nd edition N.Gregory Mankiw, Harvard University, USA and Mark P. Taylor, Warwick Business School, UK

Mankiw Taylor EUROPEAN EDITION

MACROECONOMICS SECOND EDIT ION

WORTH

Worth Publishers – A Macmillan Higher Education Company

MACROECONOMICS EUROPEAN EDITION

N. Gregory Mankiw Mark P. Taylor

The new European edition of Mankiw’s bestselling and highly readable text communicates the theories and models of macroeconomics in a concise and accessible way, with real-world examples, discussions and case studies. The text is fully updated with extensive coverage of the global financial crisis and in particular its impact on European economies, concluding with a brand new chapter on the topic. S E C O N D

E D I T I O N

A Full Table of Contents is Available at: www.palgrave.com 640pp Paperback New

N. Gregory Mankiw, Harvard University, USA

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A.P. Thirlwall, University of Kent, UK

Worth Publishers – A Macmillan Higher Education Company

The superbly crafted textbook maintains its authority, currency and vitality in its eighth edition. Mankiw provides an exceptionally clear and concise introduction to the macroeconomy, taking full account of the 2007-2009 financial crisis and the measures taken in response to it. The edition also features new research, discussions and case studies throughout. A Full Table of Contents is Available at: www.palgrave.com 608pp Paperback Ebook

UK May 2014 9781464141775 £55.99

Ebook

9th edition

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November 2012 9781464121678 £55.99 IC

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‘Thirlwall sets the standard for a rigorous undergraduate development text.’ Professor Gregg Huff, Senior Research Fellow, Pembroke College, University of Oxford, UK The ninth edition of Thirlwall’s Economics of Development: Theory and Evidence (formerly Growth and Development) represents the most thorough revision of this classic textbook to date. For nearly forty years, it has offered students a clear, comprehensive and rigorous overview of the economic aspects of growth and development. A Full Table of Contents is Available at: www.palgrave.com 712pp Paperback IC

April 2011 9780230222298 £48.99

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MICROECONOMICS

Microeconomics Equilibrium and Efficiency Thijs ten Raa, Tilburg University, The Netherlands ‘This is an ideal microeconomics textbook for students who have a solid grounding in micro at the intermediate level. It contains the first and only integrated treatment of general equilibrium and input-output analysis.’ Marcus Berliant, Washington University in St. Louis, USA ‘Professor ten Raa has succeeded in writing a lucid text that shows the wide applicability of standard theory and its normative implications for a more efficient organization of real world economies.’ - Fred Schroyen, Norwegian School of Economics, Norway

‘Coherent, well written, rigorous and sharp, with a clear focus, this book will give students an excellent sense for the nature and performance of the market economy.’ - Joop Hartog, University of Amsterdam, The Netherlands

Microeconomics: Equilibrium and Efficiency teaches how to apply microeconomic theory in an innovative, intuitive and concise way. Using real-world, empirical examples, this book not only covers the building blocks of the subject, but helps gain a broad understanding of microeconomic theory and models. Contents: PART I: ECONOMIC PRINCIPLES • Economic Building Blocks and the Importance of Elasticities • Scarcities and how they are Priced • PART II: THE DEMAND SIDE OF THE ECONOMY • Utility and Expenditures • Demand: Income and Substitution Effects • Measuring Consumer Well-being • PART III: THE SUPPLY SIDE OF THE ECONOMY • Production Analysis: Inputs, Outputs, Coefficients, and Productivity • Production Functions • Supply and Market Power • PART IV: BUILDING THE MODEL OF THE ECONOMY • Equilibrium • Efficiency Theory • PART V: PUTTING THE MODEL TO USE • Measuring Economic Performance • Market Forms and Competition Policy • Public Economics • PART VI: MARKET IMPERFECTIONS • Game Theory and the New Industrial Organization • Analyzing Uncertainty and Missing Information • Search, Transaction, and Switching Costs 368pp Paperback

April 2013 9780230201132 £44.99

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Microeconomics Austan Goolsbee, Steven Levitt and Chad Syverson, all at University of Chicago, USA

Microeconomics

Institutional Economics

3rd edition

An Introduction Paul Krugman Princeton University, USA and Robin Wells, formerly of Princeton University, USA

Worth Publishers – A Macmillan Higher Education Company

Microeconomics bridges the gap between the theory and practice, making the course immediately relevant and useful. With carefully crafted features and examples, this breakthrough text helps instructors move students from understanding basic economic principles to applying the powerful tools of economic analysis. Contents: PART I: BASIC CONCEPTS• Adventures in Microeconomics •Supply and Demand •Using Supply and Demand to Analyze Markets • PART II: CONSUMPTION AND PRODUCTION •Consumer Behavior •Individual and Market Demand •Producer Behavior • Costs • PART III: MARKETS AND PRICES • Supply in a Competitive Market • Market Power and Monopoly • Market Power and Pricing Strategies • Imperfect Competition • Game Theory • PART IV: BEYOND THE BASICS • Investment, Time, and Uncertainty • General Equilibrium • Asymmetric Information • Market Failure •Behavioral and Experimental Economics 835pp Paperback Ebook

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April 2013 9781464146978 £54.99 IC

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John Groenewegen, Delft University of Technology, The Netherlands, Antoon Spithoven and Annette Van den Berg, both at Utrecht School of Economics, The Netherlands

Worth Publishers – A Macmillan Higher Education Company

Each year more and more students are being introduced to the fundamental principles of microeconomics via Paul Krugman’s trusted voice and signature storytelling style. Microeconomics has been updated to offer new examples and stories, new case studies from the business world and expert coverage of the financial crisis. The third edition features heavily revised chapters on decision-making and the welfare state. Contents: PART I: WHAT IS ECONOMICS? • PART II: SUPPLY AND DEMAND • PART III: INDIVIDUALS AND MARKETS • PART IV: ECONOMICS AND DECISION MAKING • PART V: THE CONSUMER • PART VI: THE PRODUCTION DECISION • PART VII: MARKET STRUCTURE: BEYOND PERFECT COMPETITION • PART VIII: MICROECONOMICS AND PUBLIC POLICY • PART IX: FACTOR MARKETS AND RISK 608pp Paperback Ebook

July 2012 9781429283427 £51.99 IC

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Institutional economics is an increasingly important area, verging into political science and sociology. This concise and lucid textbook, which assumes a basic understanding of neoclassical economics, introduces the key ideas, emphasizing the ‘new’ institutional economics but grounding readers in the traditional perspectives. Contents: PART I: INTRODUCTION • What is Institutional Economics About? • PART II: THEORY • Theoretical Framework • Static Approaches to Institutions • The Dynamics of Institutions • PART III: PRIVATE GOVERNANCE STRUCTURES • Markets • Firms • Cooperation Between Firms • PART IV: PUBLIC GOVERNANCE STRUCTURES • State Intervention to Protect the Public Interest • Government Failures 416pp Paperback IC

January 2010 9780230550742 £35.99


Health economics Health and Well-Being, Princeton University, USA

Health Economics Jay Bhattacharya, Stanford University, USA, Timothy Hyde, Yale University, USA and Peter Tu, Harvard University, USA ’A very thorough introduction to health economics combining the important theoretical literature from economics, including neighboring fields, with an account of the actual systems which allocate medical care in its various dimensions.’ - Kenneth J. Arrow, Joan Kenney Professor of Economics, Professor of Operations Research, Emeritus, and Stanford Health Policy Fellow, USA and Nobel Prize-winning economist ‘This comprehensive and up-to-the-minute book offers an engaging introduction to the complex subject of health economics, covering every aspect of the market...I look forward to using this book in the classroom.’ - Janet M. Currie, Henry Putnam Professor of Economics and Public Affairs, Director of the Center for

‘This is an exceptionally rich and comprehensive undergraduate textbook in Health Economics. It covers the traditional building blocks of health economics, but also extends to behavioral health economics, public health economics and addresses pertinent policy questions that different countries with different health care models face. This book is a must for health economics courses throughout the world and a definite recommend as secondary reading for courses on the economics of the welfare state.’ - Maarten Lindeboom, Professor of Economics, VU University, The Netherlands ‘A welcome new textbook that includes highly accessible treatment of the most important topics in modern health economics. This will be a student favorite.’ - William Dow, Henry J. Kaiser Professor of Health Economics, University of California, USA ‘An exceptionally well written textbook, broad in coverage, refreshingly non-technical, but nevertheless scholarly and thorough. Innovative chapters like economic epidemiology and thoughtful insights on demographic change as well as a review of new developments on public health economics and behavioral economics are most valuable.‘ - Konrad Obermann, Mannheim Institute of Public Health, Heidelberg University, Germany This new text offers sound pedagogy, economic rigor and policy-theory integration. It focuses on building intuition alongside appropriate mathematical formality, translating mathematical

language into accessible economic narrative. It includes material on socioeconomic disparities in health, the obesity epidemic, and behavioral health economics. Contents: Why Health Economics? • PART I: DEMAND FOR HEALTH AND HEALTH CARE • Demand for Health Care • Demand for Health: The Grossman Model • Socioeconomic Disparities in Health • PART II: SUPPLY OF HEALTH CARE • The Labor Market for Physicians • Hospitals • PART III: INFORMATION ECONOMICS • Demand for Insurance • Adverse Selection: Akerlof’s Market for Lemons • Adverse Selection: The RothschildStiglitz Model • Adverse Selection in Real Markets • Moral Hazard • PART IV: ECONOMICS OF HEALTH INNOVATION • Pharmaceuticals and the Economics of Innovation • Technology and The Price of Health Care • Health Technology Assessment • PART V: HEALTH POLICY • The Health Policy Conundrum • The Beveridge Model: Nationalized Health Care • The Bismarck Model: Social Health Insurance • The American Model • Population Aging and the Future of Health Policy • PART VI: PUBLIC HEALTH ECONOMICS • The Economics of Health Externalities • Economic Epidemiology • Obesity • PART VII: BEHAVIORAL HEALTH ECONOMICS • Prospect Theory • Time Inconsistency and Health 624pp Paperback New

November 2013 9781137029966 £59.99

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experimental and behavioural economics

A Course in Behavioral Economics Erik Angner, George Mason University, USA ’Written with great gusto and striking an elegant balance between forest and trees [this] is one of those rare textbooks that students pick up for fun. What more can you want?’ - Peter D. van der Meer, School of Economics, Utrecht University, The Netherlands

Written as a self-contained, one-semester text, this book presents behavioral economics (specifically behavioral theories of decision) by comparing and contrasting them to mainstream (neoclassical) economics. Ideal for advanced undergraduate students of economics, philosophy, psychology, marketing, and political science. 272pp Paperback Ebook

April 2012 9780230304543 £26.99 IC

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An Introduction to Behavioral Economics

A Behavioral Economic Approach

2nd edition Nick Wilkinson, Richmond - The American University in London, UK and Matthias Klaes, University of Dundee, UK ‘The second volume expands, and brings up-to-date, this engaging and erudite introduction to the field of behavioral economics. By providing their own unique and interesting perspective on the material they review, the authors succeed at the difficult task of holding the reader’s interest while providing remarkably comprehensive coverage.’ - George Loewenstein, Carnegie Mellon University, USA

Michal Skorepa, Charles University, Czech Republic ’This book thoroughly describes and discusses important behavioural models of individual economic decision making. It will be useful to students and researchers within economics and related social sciences who wish to understand the many important results and insights from this exciting research area.’ Anders Poulsen, Lecturer in Economics, School of Economics, University of East Anglia, UK

An Introduction to Behavioral Economics includes recent research, an overview of methodology and expanded material on rationality, behavioral game theory and the nature of the role of evidence in testing.

Decision Making provides a broad survey of the field of decision making from the perspective of the economics researcher. The book is divided into two parts, the first provides a concise and systematic overview of the field of decision research, and the second goes deeper into key topics and debates within the field.

592pp Paperback

400pp Paperback

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April 2012 9780230291461 £38.99

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Decision-Making

December 2010 9780230248250 £35.99

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econometrics

Applied Econometrics 2nd edition

Econometrics by Example Damodar Gujarati, Emeritus Professor, US Military Academy, West Point, USA

Dimitrios Asteriou, Hellenic Open University, Greece and Stephen G. Hall, University of Leicester, UK ‘I wholeheartedly recommend this econometrics textbook, which was clearly written with students’ needs in mind.’ - Kaddour Hadri, Professor of Economics, Queen’s University Management School, Belfast, UK The second edition of this highly successful text refines existing strengths and adds significant new material expanding the scope of the book and making it a more flexible teaching tool. In addition to providing instructions for performing all tests in EViews and Microfit, the book now includes instructions for STATA. 512pp Paperback Ebook

June 2011 9780230271821 £39.99 IC

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‘When it comes to getting clear answers to my basic questions, I always reach for Guj...I wouldn’t try to learn econometrics without the Guj.’ Student Reviewer, Amazon.com ‘Econometrics by Example is another innovative textbook by Professor Damodar Gujarati. The numerous in-depth examples not only provide greater insight for students and practitioners of economics, but will also be useful for students in other areas of the social sciences.’ - Frank J. Fabozzi, Yale School of Management, USA Econometrics by Example is an introductory text for students who wish to focus on practical applications of econometric theory. Each chapter contains one or two examples that are discussed in depth. The example-led approach and engaging writing style are ideal for students tackling the subject for the first time. Contents: PART I: THE LINEAR REGRESSION MODEL • The Linear Regression Model: An Overview • Functional Forms of Regression Models • Qualitative Explanatory Variables Regression Models PART II: CRITICAL EVALUATION OF THE CLASSICAL LINEAR REGRESSION MODEL • Regression Diagnostic I: Multicollinearity • Regression Diagnostic II: Heteroscedasticity • Regression Diagnostic III: Autocorrelation • Regression Diagnostic IV: Model Specification Errors PART III: REGRESSION MODELS WITH CROSS-SECTIONAL DATA • The Logit and Probit Models • Multinomial Regression Models • Oridinal Regression Models • Limited Dependent Variable Regression Models • Modeling Count Data: The Poisson and Negative Binomial Regression Models PART IV: TOPICS IN TIME SERIES ECONOMETRICS • Stationary and Nonstationary Time Series • Cointegration and Error Correction Models • Asset Price Volatility: The ARCH and GARCH Models • Economic Forecasting • Panel Data Regression Models • Survival Analysis • Stochastic Regressors and the Method of Instrumental Variables 416pp Paperback

May 2011 9780230290396 £43.99

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mathematics for economics

Mathematics for Economics

Essential Quantitative Methods

The Practice of Statistics for Business and Economics

An integrated approach

For Business, Management and Finance

International Version

3rd edition

5th edition

3rd edition

Mik Wisniewski, University of Strathclyde, UK ‘This book does a great job by teaching how mathematics used in economic models both reveals and is enlivened by economic intuition.’ - Sujoy Mukerji, Oxford University, UK This book shows how mathematics is used in developing economic theory and in applied economic analysis. The text gradually develops the mathematical skills needed by students and allows them to progress at their own pace. A wide variety of examples shows how, and why, the application of mathematics has become essential to economists. A Full Table of Contents is Available at: www.palgrave.com 544pp Paperback IC

March 2013 9780230278929 £36.99

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Les Oakshott, University of Warwick, UK ‘The fifth edition is perfect for students on Business-related courses. The language and tone used throughout the book make it accessible for students without any previous exposure to Quantitative Methods. Regular in-text activities and the self-tests on the excellent companion website help to boost student confidence in the subject.’ - Lee Fawcett, Newcastle University, UK A great value, student-friendly introduction to quantitative methods. The book covers the essentials, whilst also appealing to more advanced students. Focused on problem-solving in a real business context, with plenty of pedagogical features and real world examples, students are guided through the subject clearly and methodically. 512pp Paperback

February 2012 9780230302662 £41.99

W. H. Freeman and Company - Macmillan Higher Education

Immerses students in the course immediately, involving them in practical, statistics-supported business decision making from the outset. Using real data to provide a context for tackling modern business problems, it introduces a range of core ideas early - including data production and interpretation. Contents: PART I: DATA • PART II: PROBABILITY AND INFERENCE • PART III: TOPICS IN INFERENCE • PART IV: OPTIONAL INDIVIDUAL COMPANION CHAPTERS 820pp Hardback Ebook

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David S. Moore, George P. McCabe, Bruce Craig, all at Purdue University, USA, Layth Alwan, University of WisconsinMilwaukee, USA and William M. Duckworth, Creighton University, USA

CD Available

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May 2011 978142920142 £55.99 Web


money, banking and finance

Personal Finance 2nd edition Edited by George Callaghan, Ian Fribbance and Martin Higginson, all at The Open University, UK ‘The text will definitely appeal to students. It is very well written and very engaging.’ - Chris Veld, Professor of Finance, University of Glasgow, UK Second edition of this successful introductory personal finance text. Its innovative approach of distilling important, but complex, concepts into a useable form and relating them to actual experience make it a ‘must have’ book for anybody that wants their money to work as hard as they do! A Full Table of Contents is Available at: www.palgrave.com 472pp Paperback

November 2011 9780230348110 £36.99

Published in association with The Open University

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Public Finance and Public Policy

Finance & Financial Markets

4th edition

3rd edition Jonathan Gruber, Massachusetts Institute of Technology, USA Worth Publishers – A Macmillan Higher Education Company

Jonathan Gruber’s ground-breaking Public Finance and Public Policy was the first text to truly reflect the way public policy is created, implemented and researched. Thoroughly updated, this fourth edition gives students the basic tools they need to understand the driving issues of public policy today, including healthcare, education, global climate change, entitlements and more. Contents: PART I: BACKGROUND •PART II: EXTERNALITIES AND PUBLIC GOODS • PART III: SOCIAL INSURANCE AND REDISTRIBUTION • PART IV: TAXATION IN THEORY AND PRACTICE 700pp Hardback IC

February 2013 9781429278454 £78.99 Web

Keith Pilbeam, City University, UK Finance & Financial Markets is a comprehensive and accessible introduction to finance, making the operation of financial institutions, markets and instruments readily understandable for students on business, economics and finance courses and those wanting to understand the workings of the financial world. Contents: The World of Finance • Financial Intermediation and Financial Markets • Financial Institutions • Monetary Policy and Interest Rate Determination • Domestic and International Money Markets • The Domestic and International Bond Market • Portfolio Analysis: Risk and Return in Financial Markets • The Capital Asset Pricing Model • Stockmarkets and Equities • The Efficiency of Financial Markets • The Foreign Exchange Market • Theories of Exchange Rate Determination • Financial Futures • Options • Option Pricing • Swap Markets • Financial Innovation and the Credit Crunch • Regulation of the Financial Sector 444pp Paperback

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March 2010 9780230233218 £47.99

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International Finance 4th edition Keith Pilbeam, City University, UK

An Introduction to Global Financial Markets 7th edition Stephen Valdez, former Financial Trainer and Consultant and former Director of Profile Financial Training Plc., and Philip Molyneux, Bangor University, UK

‘International Finance offers a comprehensive introduction to the subject – covering theory, policy and empirical situations. But the author also manages to succeed in adding that extra bit of understanding without ever becoming too technical.’ - Franc Klaassen, Associate Professor of International Economics, University of Amsterdam, The Netherlands ‘Both students and practitioners working through this book will gain an excellent grounding in the fundamental features of International Finance. I highly recommend this book to any reader.’ - Dennis Vink, Professor, Nyenrode Business University, The Netherlands International Finance is an established and internationally renowned introduction to the subject for students. It draws on recent events to provide comprehensive coverage of traditional theories and new research relating to the balance of payments, exchange rate determination and the international monetary system. Contents: Introduction • PART I: BALANCE OF PAYMENTS THEORY AND PRACTICE • The Foreign Exchange Market • The Balance of Payments • Elasticity and Absorption Approaches to the Balance of Payments • Macroeconomic Policy in an Open Economy • The Monetary Approach to the Balance of Payments • PART II: EXCHANGE RATE DETERMINATION: THEORY, EVIDENCE AND POLICY • Purchasing Power Parity and Floating Exchange Rate Experience • Modern Models of Exchange Rate Determination • The Portfolio Balance Model • Empirical Evidence on Exchange Rates • Fixed, Flexible and Managed Exchange Rates • PART III: THE INTERNATIONAL MONETARY SYSTEM • The International Monetary System • The Eurocurrency and Eurobond Markets • Currency Derivatives: Futures, Options and Swaps • International Policy Coordination • International Debt Crises • The European Monetary System and European Monetary Union • Currency Crises and the East Asian Financial Crisis • The Subprime Mortgage Crisis • Further Reading and Resources 580pp Paperback

March 2013 9780230362895 £47.99

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‘This is essential reading for anyone studying how global financial markets work, and, more importantly, looking for insights as to how they may work in the future. ’ - Simon Thompson, Chief Executive, Chartered Banker Institute This book describes the various financial sectors in clear, easy to understand terms. It provides a broad and balanced introduction to financial markets across the world and comprehensive coverage of commercial and investment banking, foreign exchange, money and bond markets, stock markets and derivatives products. A Full Table of Contents is Available at: www.palgrave.com 570pp Paperback Ebook

December 2012 9781137007520 £29.99 IC

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POLITICAL ECONOMY

Resisting Economic Globalization

Comparative Political Economy of Work Edited by Marco Hauptmeier, Cardiff University, UK and Matt Vidal, Kings College London, UK

Critical Theory and International Investment Law

An edited book in the Critical Perspectives on Work and Employment series associated with the annual International Labour Process Conference. The book focuses on comparative work and employment relations research conducted within a broader political economy framework. Written by leading academics it contains cutting-edge research.

David Schneiderman, University of Toronto, Canada Is economic globalization irresistible? One of its main effects has been to shield financiers and investors from democratic processes deemed out-of-sync with powerful economic interests. This book is an inquiry into the ways by which citizens and states may be able to undo some of these constraints imposed by transnational legality. Contents: Introduction • Hardt and Negri and the Immobilization of the State • Teubner and System Liberation • Habermas and Global Power Policy • Santos and Difficulty of Sustainable Resistance • Wolin and Democracy’s Debasement • Foucault, Ecuador and on Being ‘Freer Than They Feel’ • Conclusion

Contents: Introduction – Comparative Political Economy and the Labour Process; Matt Vidal & Marco Hauptmeier • PART I: THEORETICAL FRAMEWORKS • Do the UK and Australia have Sustainable Business Models?; Karel Williams • Varieties of Capitalism and Varieties of Crisis; Jason Heyes, Paul Lewis & Ian Clark • Postfordism as a Dysfunctional Accumulation Regime; Matt Vidal • The Social and Material Construction of the Financial Crisis; Marco Hauptmeier & Glenn Morgan • PART II: COMPARATIVE POLITICAL ECONOMY OF THE LABOUR PROCESS • Value Chains and Networks in Services - Understanding Labour Process Dynamics; Jörg Flecker • Greening Steel Work: Varieties of Capitalism, the Green Skills Agenda and the Greening of the Labour Process; Dean Stroud & Claire Evans • Coping with Job-Related Uncertainties – A Comparison of Precariously Working Women in East and West Germany; Melanie Booth • PART III: COMPARATIVE EMPLOYMENT RELATIONS • Intra-EU labour Migration and the Circumvention of National Industrial Relations Systems; Nathan Lillie, Ines Wagner & Lisa Berntsen • Employment Relations under External Pressure: Spain and Italian reforms in 2010-11; Guglielmo Meardi • Strikes in EU companies. Trade Union Effects in Different institutional Settings; Giedo Jansen & Agnes Akkerman • Board Level Employee Representatives in Norway, Sweden and Denmark; Inger Marie Hagen • PART IV: SECTORAL AND WITHIN-COUNTRY COMPARISONS • WithinCountry Institutional Diversity and Employment: The UK Pharmaceutical and Food Manufacturing Sectors Compared; Enda Hannon, Katie Truss, Kathy Monks, Edel Conway, Grainne Kelly & Patrick Flood • Political Congruence in Trade Unions: A Factor in Renewal?; Martin Upchurch • Quality of Work in the Cleaning industry: A Complex Picture Based on Sectoral Regulation and Customer-driven Conditions; Vassil Kirov, Monique Ramioul & Jan Van Peteghem

232pp May 2013 9781137004055 £60.00

336pp Paperback

Hardback

Palgrave Macmillan Socio-Legal Studies

March 2014 9781137322272 £32.99

Critical Perspectives on Work and Employment New

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international ECONOMICS

Applied International Trade

International Economics 3rd edition

2nd edition Harry P. Bowen, Queens University of Charlotte, USA, Abraham Hollander, University of Montreal, Canada and Jean-Marie Viaene, Erasmus University Rotterdam, The Netherlands ‘Clear exposition, thorough explanation, up-to-date empirical information and fresh insights. Unrivalled in its market.’ - Charles van Marrewijk, Utrecht University, The Netherlands

Robert C. Feenstra, and Alan M. Taylor, both at University of California, USA

2nd edition Henk Jager, University of Amsterdam, The Netherlands and Catrinus Jepma, University of Groningen, The Netherlands

Worth Publishers – A Macmillan Higher Education Company

Combining classic international economics with straight from the headlines immediacy, Feenstra and Taylor’s text seemlessly integrates the subject’s established core content with topic areas and ideas that have emerged from recent empirical studies.

‘An increasing number of business people are confronted with aspects of international economics, such as exchange rate movements, capital flows, the functioning of the European Economic and Monetary Union, and trade flows. This book provides the much-needed non-technical introduction into the field.’ - Eelke de Jong, Professor of International Economics, Radboud University Nijmegen, The Netherlands

This fully revised and updated second edition offers a comprehensive approach to the methods of international trade analysis. By focusing on the application of theory, the book illustrates the ideas while identifying the implications and weaknesses of the various theories and models found through empirical implementation.

Contents: PART I: INTRODUCTION TO INTERNATIONAL TRADE • PART II: PATTERNS OF INTERNATIONAL TRADE • PART III: NEW EXPLANATIONS FOR INTERNATIONAL TRADE • PART IV: INTERNATIONAL TRADE POLICIES • PART V: INTRODUCTION TO INTERNATIONAL MACROECONOMICS • PART VI: EXCHANGE RATES • PART VII: THE BALANCE OF PAYMENTS • PART VIII: APPLICATIONS AND POLICY ISSUES

568pp Paperback

This title is also available in ‘International Trade’ and ‘International Macroeconomics’ splits.

An accessible introduction to international economics for students from a non-economics background. Its European focus and emphasis on real world examples mean it is well suited to a businessoriented approach with examples from a number of different sectors to help cement understanding of key concepts.

1050pp Hardback

424pp Paperback

Ebook

March 2012 9780230521544 £49.99 IC

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14

Introduction to International Economics

April 2014 9781429278423 £59.99

IC

Web

December 2011 9780230202412 £38.99


history of economic thought

Economic Methodology Understanding Economics as a Science Marcel Boumans and John Davis, both at University of Amsterdam, The Netherlands

Founders of Scottish Economics 1700–1900 Donald Rutherford, University of Edinburgh, UK ‘This volume sets out an impressive thematic account of the remarkable range of contributors, and contributions to, economic theory and policy in Scotland from 1700 to 1900.’ - Sheila Dow, University of Stirling, UK

‘This is an excellent book that goes beyond being a textbook. It is a contribution in synthesizing issues in methodology of economics.’ - Sohrab Behdad, and John E. Harris, Denison University, USA

Like other sciences, the study of economics has been shaped by rigorous arguments and debates that continue to influence economists today. In this fascinating introduction, Boumans and Davis consider the scientific nature of the methods, logic, and forms of explanation that underlie economics as a discipline. 224pp Paperback Ebook

In the Shadow of Adam Smith

March 2010 9780230218130 £30.99 IC

‘Rutherford’s groundbreaking account of the history of Scottish economics is the first of its kind and shows the richness of Adam Smith’s achievement, as well as the complexity of his inheritance.’ - Lars Magnusson, Professor of Economic History, Department of Economic History, Uppsala University, Sweden A large number of Scottish writers in economics are discussed according to a thematic approach. The distinctive Scottish contribution to the clash between natural liberty and socialist ideas is set out. 352pp Paperback Ebook

A selection of our textbooks are now available as inspection copy e-books via CourseSmart.

Visit: http://instructors.coursesmart.co.uk/ to sign up and request an e-copy.

Considering for your course? Request inspection copies from www.palgrave.com or lecturerservices@palgrave.com

July 2012 9780230252103 £28.00 IC

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introductory books

Economics for Business

The Economics Companion Graham Mallard, Marlborough College, UK

2nd edition Chris Mulhearn and Howard Vane, both at Liverpool John Moores University, UK

‘This is a superb guide to what the successful study of economics at university involves. It will be most helpful to anyone contemplating the study of economics.’ - Malcolm Sawyer, Professor of Economics, University of Leeds, UK

‘This is Mulhearn and Vane at their best. This second edition is both thorough and engaging and will be an asset for all students undertaking introductory economics.’ - Carole Doyle, Glasgow Caledonian University, UK ‘Mulhearn and Vane do an outstanding job of bringing the subject of economics to life. They show their readers how knowledge of economic concepts helps them understand the world of business.’ - Thomas Coskeran, Durham University, UK ‘This book is a great combination of three ingredients: an accessible writing style; a comprehensive set of real examples; and a culturally stimulating approach. I would definitely recommend it to students beginning their business studies.’ - Emanuele Tarantino, University of Bologna, Italy Economics for Business is an engaging introductory text, full of examples and cases enabling students to grasp complex economic theory and understand its relevance in real-world business scenarios. Students will enjoy the clarity and wit of the writing style and benefit from the quirky learning features and illustrations.
Contents: Economics and Business • The Market • The Firm • Firms’ Costs and Revenues • Market Concentration and Power • Business and Government • Factor Markets • The Macroeconomy, Macroeconomic Policy and Business • Unemployment • Inflation • Economic Growth and Business Cycles • Stabilizing the Economy • International Trade • The Balance of Payments and Exchange Rates • Globalization • Glossary • Index 496pp Paperback IC

November 2011 9780230271715 £46.99

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‘The Economics Companion should be recommended to any student of economics who wishes to get a richer and more nuanced introduction to our discipline than is typically provided in standard introductory texts and courses.’ - Nick Weaver, School of Social Sciences: Economics, University of Manchester, UK An invaluable resource for those considering and starting degree courses in Economics. It introduces readers to the core theories and techniques of economics and presents some of the most interesting controversies and wider themes. It is an essential guide for those wanting to study the subject successfully. 304pp Paperback

November 2011 9780230235694 £25.99

Palgrave Student Companions Series IC

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At Palgrave Macmillan Higher Education, we work with our authors to create books that offer a distinctive contribution to the evolution of teaching and learning. Books we believe in. Books like For the Love of Learning, edited by Tim Bilham. It presents the cutting-edge of pedagogical thinking on the most important topics in higher education today, offering insight on student engagement, assessment, internationalization, employability and more. We think it’s destined to become a ’must-read’ for anyone teaching in higher education. Request it for your library!

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