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International Economics: Theory and Policy, Global Edition (ISBN: 9781292214870)

International Economics: Theory and Policy, Global Edition (ISBN: 9781292214870)
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12115
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9781292214870
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Pearson
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A balanced approach to theory and policy applications

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 Eleventh Edition, Global 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.

 

Features


  • Reveal theory and applications of trade and finance via a unified structure
  • Give students learning tools to master course material
  • Relay recent developments in the theoretical and practical sides of international finance


 

Table of Contents

1. Introduction

PART 1: EXCHANGE RATES AND OPEN-ECONOMY MACROECONOMICS

2. National Income Accounting and the Balance of Payments

3. Exchange Rates and the Foreign Exchange Market: An Asset Approach  

4. Money, Interest Rates, and Exchange Rates

5. Price Levels and the Exchange Rate in the Long Run

6. Output and the Exchange Rate in the Short Run

7. Fixed Exchange Rates and Foreign Exchange Intervention

 

PART 2: INTERNATIONAL MACROECONOMIC POLICY

8. International Monetary Systems: An Historical Overview

9. Financial Globalization: Opportunity and Crisis

10. Optimum Currency Areas and the Euro

11. Developing Countries: Growth, Crisis, and Reform

 

MATHEMATICAL POSTSCRIPTS

Postscript to Chapter 9: Risk Aversion and International Portfolio Diversification

 

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International Economics: Theory and Policy, Global Edition (ISBN: 9781292214870)
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