Description
International Economics: Theory and Policy 11th Edition by Paul R. Krugman, Maurice Obstfeld, Marc Melitz
International Economics: Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of the two main topic areas of the discipline. For both international trade and international finance, an intuitive introduction to theory is followed by detailed coverage of policy applications. With this new International Economics: Theory and Policy 11th Edition, the author team of Nobel Prize-winning economist Paul Krugman, renowned researcher Maurice Obstfeld, and Marc Melitz of Harvard University continues to set the standard for International Economics courses.
A balanced approach to theory and policy applications
Table of Contents:
- Introduction
PART 1: International Trade Theory
- World Trade: An Overview
- Labor Productivity and Comparative Advantage: The Ricardian Model
- Specific Factors and Income Distribution
- Resources and Trade: The Heckscher-Ohlin Model
- The Standard Trade Model
- External Economies of Scale and the International Location of Production
- Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises
PART 2: International Trade Policy
- The Instruments of Trade Policy
- The Political Economy of Trade Policy
- Trade Policy in Developing Countries
- Controversies in Trade Policy
PART 3: Exchange Rates and Open-Economy Macroeconomics
- National Income Accounting and the Balance of Payments
- Exchange Rates and the Foreign Exchange Market: An Asset Approach
- Money, Interest Rates, and Exchange Rates
- Price Levels and the Exchange Rate in the Long Run
- Output and the Exchange Rate in the Short Run
- Fixed Exchange Rates and Foreign Exchange Intervention
PART 4: International Macroeconomic Policy
- International Monetary Systems: An Historical Overview
- Financial Globalization: Opportunity and Crisis
- Optimum Currency Areas and the Euro
- Developing Countries: Growth, Crisis, and Reform
Mathematical Postscripts
Postscript to Chapter 5: The Factor-Proportions Model
Postscript to Chapter 6: The Trading World Economy
Postscript to Chapter 8: The Monopolistic Competition Model
Postscript to Chapter 20: Risk Aversion and International Portfolio Diversification
Publisher: Pearson; 11 edition (March 16, 2017)
Publication Date: March 16, 2017
Language: English
ASIN: B06XSTVVPF
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