Applied Economics in Globalised Economies

The book raises a broad range of important economic topics both current and in the past.
–Adrian Pagan, University of Sydney, Australia

This is an innovative and refreshing book that will engage students enthusiastically.
–Patrick Minford (CBE), Cardiff University, UK

Globalised Economies offers a comprehensive and insightful exploration of the forces shaping our interconnected world.
–Xiaolan Fu, University of Oxford, UK

This book is a winner! It provides a valuable springboard into advanced, specialized courses for economics students.
--Liam Brunt, Norwegian School of Economics, Norway

The textbook bridges economic theory and practical insights.
--Xi Chen, New York University, US

Globalisation, the increasing integration of markets and ideas across borders throughout the world, has redefined how economies function, how societies interact, and how nations confront shared challenges. Recognising these profound transformations, this book attempts to bridge the divide between economics and economies as well as the gap between theories and policies. Complete with case studies, lecture slides, test questions, and sample data/codes, the book is an engaging resource for upper undergraduates and postgraduate economics students alike.

James Foreman-Peck is Emeritus Professor at Cardiff University, UK. He has previously taught at the University of Oxford and University of California, Davis. He has been an economic advisor for HM Treasury. Most of his research projects are related to public policies and economic history, with a wide political and academic impact. He was a former president of the European Historical Economics Society and a Fellow of the Academy of Social Sciences.

Peng Zhou is Professor of Applied Economics at Cardiff University, UK. His research footprint spans economic growth, economic inequality, financial economics, and innovation economics, with a track record of publications in leading journals across these fields. Beyond academia, he actively engages with business leaders and policymakers, providing consultancy to charities, government bodies, and companies in the UK and China. He is a board member of the Chinese Economic Association (Europe/UK).