International Economics: Theory and Policy (10th Edition) | KitaabNow

International Economics: Theory and Policy (10th Edition)

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  • Authors: Paul Krugman, Maurice Obstfeld, Marc Melitz
  • ISBN: 9789332586550
  • Publisher: Pearson Education
  • Edition: 10th
  • Publication Date: January 1, 2017
  • Format: Paperback – 792 pages
  • Language: English

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Description

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.

Key Features
  • An integrated, empirical-based treatment of the latest models of trade, such as the gravity, Ricardian, factor endowments, and imperfect competition models,
  • A thorough discussion of the causes and effects of trade policy focused on the income-distribution effects of trade.
  • An emphasis on the potential substitutability of international trade and international movements of factors of production, featuring an analysis of international borrowing and lending as intertemporal trade—the exchange of present consumption for future consumption.
  • A unified model of open-economy macroeconomics that provides students with a cohesive approach to the theory, based on an assetmarket approach to exchange rate determination with expectations in a central role.
  • A discussion of the international monetary experience that stresses the idea that different exchange rate systems lead to different policy coordination problems.
Additional information
Weight1.170 kg
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