Krugman, Paul R,

International economics : theory and policy / Paul R. Krugman, Princeton University, Maurice Obstfeld, University of California, Berkeley, Marc J. Melitz, Harvard University. - Tenth edition, global edition. - 785 pages : color illustrations, map ; 26 cm. - Always learning. The Pearson series in economics. . - Always learning. Pearson series in economics. .

Previous global ed., 2011.

Includes bibliographical references and index.

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 -- The factor-proportion model ; The trading world economy ; The monopolistic competition model ; Risk aversion and international portfolio diversification.

This book 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.

9781292019550 (paperback) 1292019557 (paperback)

GBB5D8881 bnb


International trade.
International economic relations.
International finance.
International trade.
International economic relations.
International finance.

HF1359 / .K78 2015 HF1359 / .K7846 2015

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