Chapter Organization Introduction The National Income Accounts National Income Accounting for an Open Economy The Balance of Payment Accounts Summary

Chapter Organization Introduction Import-Substituting Industrialization Problems of the Dual Economy Export-Oriented Industrialization: The East Asian Miracle Summary

Chapter Organization Introduction Basic Tariff Analysis Costs and Benefits of a Tariff Other Instruments of Trade Policy The Effects of Trade Policy: A Summary Summary Appendix I: Tariff Analysis in General Equilibrium Appendix II: Tariffs and Import Quotas in the Presence of Monopoly

Countries engage in international trade for two basic reasons Countries trade because they differ either in their resources or in technology Countries trade in order to achieve scale economies or increasing returns in production

Chapter Organization Introduction A Model of a Two-Factor Economy Effects of International Trade Between Two-Factor Economies Empirical Evidence on the Heckscher-- Model Summary Appendix: Factor Prices, Goods Prices, and Input Choices

Chapter organization Introduction The Concept of Comparative Advantage A One-Factor Economy Trade in a One-Factor World Comparative Advantage with Many Goods Adding Transport Costs and Nontraded Goods Summary

Need to study structural mechanics to design properly to prevent failure There is no doubt that any of the disciplines of Aeronautics and Astronautics can contribute to an accident -engine failure -etc. But, the vast majority of non-human induced accidents is due to structural

Introduction Hepatic Encephalopathy (HE) Concept, Clinical features and classification Pathogenesis Precipitating factors of HE Principles of treatment for HE Hepatorenal Syndrome (HRS) Concept Pathogenesis

Theories and Experiments The goal of physics is to develop theories based on experiments A theory is a \guess,\expressed mathematically, about how system works The theory makes predictions about how a system should work Experiments check the theories' predictions Every theory is a work in progress

Introduction The growth of mass circulation news-papers in Britain was a direct result of the process of industrialisation during the 18th and 19th centuries During the 18th century, newspaper readership had been largely confined to the upper classes and wealthier sections of the middle class