International Economics: Theory and Policy

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Pearson Addison-Wesley, 2009 - Business & Economics - 706 pages
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Chapter 1 Introduction
Part I International Trade Theory
Chapter 2 World Trade: An Overview
Chapter 3 Labor Productivity and Comparative Advantage: The Ricardian Model
Chapter 4 Resources, Comparative Advantage, and Income Distribution
Chapter 5 The Standard Trade Model
Chapter 6 Economies of Scale, Imperfect Competition, and International Trade
Chapter 7 International Factor Movements
Part II International Trade Policy
Chapter 8 The Instruments of Trade Policy
Chapter 9 The Political Economy of Trade Policy
Chapter 10 Trade Policy in Developing Countries
Chapter 11 Controversies in Trade Policy
Part III Exchange Rates and Open-Economy Macroeconomics
Chapter 12 National Income Accounting and the Balance of Payments
Chapter 13 Exchange Rates and the Foreign Exchange Market: An Asset Approach
Chapter 14 Money, Interest Rates, and Exchange Rates
Chapter 15 Price Levels and the Exchange Rate in the Long Run
Chapter 16 Output and the Exchange Rate in the Short Run
Chapter 17 Fixed Exchange Rates and Foreign Exchange Intervention
Part IV International Macroeconomic Policy
Chapter 18 The International Monetary System, 1870-1973
Chapter 19 Macroeconomic Policy and Coordination Under Floating Exchange Rates
Chapter 20 Optimum Currency Areas and the European Experience
Chapter 21 The Global Capital Market: Performance and Policy Problems
Chapter 22 Developing Countries: Growth, Crisis, and Reform
Mathematical Postscripts

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About the author (2009)

Nobel Prize winning economist Paul R. Krugman is a professor of economics and international affairs at the Woodrow Wilson School at Princeton University and is a regular op-ed columnist for the New York Times. He received his BA from Yale University and his PhD from the Massachusetts Institute of Technology. After working on the White House Council of Economic Advisors from 1982 1983, Krugman earned the prestigious John Bates Clark Medal for his work on the "new trade theory" in 1991. In addition to Princeton, Krugman has taught at Yale, MIT, and Stanford. His Nobel Prize, awarded in 2008, recognizes his work in international trade patterns and economic geography.

Maurice Obstfeld
is a professor of economics at the University of California, Berkeley, where he is also the director of CIDER, the Center for International and Development Economics Research. He is on the advisory board of the Journal of Monetary Economics and the editorial boards of International Economic Review and Review of International Economics. He received his BA from the University of Pennsylvania; his MA from King's College at Cambridge University in Cambridge, UK; and his PhD from the Massachusetts Institute of Technology. In addition to his current position at UC Berkeley, Obstfeld has taught at Harvard University, the University of Pennsylvania, and Columbia University.

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