Overview

Fully updated with the latest theoretical insights, data, and statistics, this third edition combines the dual perspectives of international economics and international business to provide a complete overview of the changing role of nations and firms in the global economy. International Economics and Business covers the key concepts of an introductory course on the global economy. It avoids complicated mathematical theory to ensure accessibility for all disciplines and includes contemporary case studies from the international business world. The result is a practical guide to the world economy for undergraduate students in economics and business, also suitable for students in other social science disciplines. Supported via full suite of online resources including quizzes, data exercises, additional reading lists, lecture slides, as well as color versions of over 150 figures, International Economics and Business is a lively and engaging textbook providing a complete and practical understanding of international economics and globalization through a uniquely integrated lens.

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9781009427692

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Reviews

‘International trade and international business are usually studied in separate worlds - one of nations, another of firms - in teaching and even in research. This textbook integrates the two, bringing a unified vision to benefit students in future careers, whether in business, government, international institutions, or academic research. The new edition is a welcome update for the fast-changing world.’ Avinash K. Dixit, Princeton University ‘In an era when international trade and international business often remain segregated in both teaching and research, this book is refreshing and insightful. This third edition takes a major step forward, with new chapters on the nature of trade and foreign direct investment, global value chains, and the profound influence of crises on international enterprises. This expansion enriches the book, making it an indispensable resource for both students and instructors seeking a single, well-rounded textbook that adeptly combines international economics, encompassing trade and finance, with the complexities of international business, including multinational enterprises and cross-border investments.’ Gaaitzen de Vries, University of Groningen ‘This is not just another introduction to international economics or international business. This book uniquely integrates these two fields of enquiry and is an extremely valuable resource for students in economics and business studies. This third edition makes a big step forward by offering a range of new insights and examples, focusing on the role of the international firm as a central actor in international trade, foreign direct investments, and global value chains, and paying more attention to the current backlash against globalisation.’ Davide Castellani, University of Reading Review of the first edition: 'This is a fascinating book with a practical approach to international economics that enhances our understanding of the globalisation process.’ Hans-Werner Sinn, President, Ifo Institute for Economic Research, Munich

Author Information

Sjoerd Beugelsdijk is Professor of International Business and Economics at the Darla Moore School of Business, University of South Carolina. He is a Fellow of the Academy of International Business and is on Stanford's list of most impactful researchers worldwide. He is editor of the FT50 Journal of International Business Studies. Steven Brakman is Professor of International Economics at the faculty of Economics and Business, University of Groningen. He is a research fellow at CESifo in Munich and Managing Editor of the Journal of Regional Science. He is an academic partner of the Netherlands Bureau for Economic Policy Analysis. Harry Garretsen is Professor of International Economics and Business, University of Groningen. He serves on the editorial boards of various international journals, is an active economic policy adviser, and a member of the Banking Council of the Dutch central bank. He co-directs, together with Janka Stoker, the In the LEAD Centre of Expertise at the University of Groningen. Charles van Marrewijk is Professor of Economics and Head of Department at Utrecht University School of Economics. He has held positions at University of Groningen, Erasmus University Rotterdam, and Xi'an Jiaotong–Liverpool University, China, and has been Head of Research at the International Institute for Housing and Urban Development, Tjalling C, Koopmans Research Institute, International Business School Suzhou, and Utrecht University School of Economics Research Institute. Charles has written more than ten books and is co-editor of three international academic journals. Samuele Murtinu is Professor of International Business and Head of the Entrepreneurship Section at Utrecht University School of Economics. He has been published in Journal of International Business Studies, Journal of Business Venturing, Leadership Quarterly, Organizational Research Methods, and Research Policy. He has received the CEIBS Cathay Cross-border Private Equity Research Program (2019) and received the Temple/AIB Best Paper award (2017). He holds editorial positions in several journals and regularly acts as an independent evaluator in the government, public and private sectors.

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