• Prices and Output in an Open Economy: Aggregate Demand & Aggregate Supply.
• Flexible versus Fixed Exchange Rates, the European Monetary System and Macroeconomic Policy Coordination.
• The International Monetary System: Past, Present and Future.
Salvatore's International Economics provides information about fundamental institutions and relationships that affect quality of life and provides a framework for thinking through and understanding the process of decision making. Furthermore, the text is designed as a primary text for an introduction to basic economics or principles of economics and offers a balanced presentation of macroeconomics and microeconomics.