International Economics

• 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.

• The first half of the book deals with trade, while the second half focuses on the monetary aspect of international economics.

This will help you to:

1. Personalize learning with MyEconLab

2. Reveal theory and applications of trade and finance via a unified structure

3. Give students learning tools to master course material

4. Provide the most updated coverage

International Economics 11th Edition:

1. Reveals theory and applications of tradend finance via a unified structure

2. Provides a unified model of open-economy macroeconomics

3. Includes a discussion of the international monetary experience

4. Provides an emphasis on the potential substitutability of international tradend international movements of factors of production

5. Gives students learning tools to master course material

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