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Released January 28, 2003

SOUTHERN MISS ECONOMICS PROFESSOR'S TEXTBOOK RELEASED

HATTIESBURG – A new textbook co-authored by Dr. W. Charles Sawyer, professor of economics and international business at The University of Southern Mississippi, has been published and is currently in use by College of Business Administration economics classes.

Written for economics majors, business majors, international relations and other nonbusiness students, International Economics targets a broader range of students than most existing texts.

"Since the majority of students enrolled in international economics are no longer economics majors, a new type of book was needed to address the increasing diversity of students in this course," Sawyer said.

Published by Prentiss-Hall, the textbook stresses some of the more important recent developments in international economics. Entire chapters are devoted to intraindustry trade, international factor movements and regional economic issues.

The book, co-authored by Richard L. Sprinkle of the University of Texas at El Paso, also updates the current treatment of monetary theory and policy, and adopts the modern asset market approach to exchange rate determination. A departure from the historical approach, Sawyer and Sprinkle's book shows how the floating exchange rate is a result of current international monetary arrangements.

Beside teaching at the University of Arkansas, Louisiana State University and the Helsinki School of Economics and Business, Sawyer has taught in numerous executive development programs for both the public and private sectors. He also has served as a consultant for the United Industrial Development Organization and the United Nations Conference on Trade and Development.

"Dr. Sawyer is one of our most productive professors as well as an outstanding teacher," said Dr. William Gunther, dean of the College of Business Administration. "As a widely respected international economist, his text is sure to gain wide adoption. We are indeed fortunate that Dr. Sawyer is part of the College of Business at Southern Miss."

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April 20, 2004 4:09 PM

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