International Economics: Theory and Policy (6th Edition) (Volume 2)

Author: Paul R. Krugman
Publisher:
Publish Date: 2006-09-01
Features: This book provides a clear and authoritative exposition of international trade and international finance theory. — Barbara Craig, Oberlin College
The author is renowned for his engaging, challenging, and enlightening writings. — Michael Kevane, Santa Clara University
This book offers profound insights into the changes and controversies in the fields of international trade and international finance. The analytical approach provided by the renowned economist Paul Krugman and Maurice Obstfeld is closely linked to major global economic events. The core chapters focus primarily on theory, while subsequent chapters apply the theory to analyze past and current major policy issues.
Overview of New Content in the 6th Edition:
Chapter 9, Political Economy of Trade Policy: Analyzes the influence of special interest group lobbying in trade policy formulation and updates content related to the World Trade Organization.
Chapter 11, Controversies in Trade Policy: Examines the theory of strategic trade policy and why governments can benefit by promoting specific industries. Explores current debates on globalization.
Chapter 19, Macroeconomic Policy and International Coordination under Floating Exchange Rates: Discusses the main impacts of exchange rate regimes on international policy in a simple and intuitive manner.
Chapter 20, Optimal Currency Areas and the European Experience: Provides a new perspective on the European single currency system.
Chapter 22, Developing Countries: Growth, Crisis, and Reform: Elaborates in detail on the collapse of Argentina's currency in 2002.
New and updated case studies and boxes provide practical examples of the book's key points to help readers better grasp the material.
The accompanying supplements to this book have been revised to include an updated Study Guide and Instructor's Manual, co-authored by Linda S. Goldberg, Michael W. Klein, and Jay C. Shambaugh.
Visit the Krugman and Obstfeld website at www.aw.com/krugman_obstfeld for a wealth of supplementary materials, including student self-test questions, a test bank for instructors, and PowerPoint files of key figures, prepared under the guidance of Professor Elias Dinopoulos at the University of Florida and Iordanis Petsas.