| Author | Paul Krugman, Maurice Obstfeld, Marc Melitz |
| Publisher | Pearson Education Limited |
| Year | 2022 |
| Language | English |
| Pages | 819 |
| Size | 29.47 MB |
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Summary
"International Economics: Theory and Policy, Global Edition, 12th Edition" by Paul Krugman, Maurice Obstfeld, and Marc Melitz is a definitive textbook that provides a thorough understanding of international economics. This edition has been updated to reflect the latest developments in the global economy, including the impacts of globalization, trade policies, and financial crises. The book is divided into two main sections: International Trade and International Finance. The Trade section covers topics such as comparative advantage, trade models, and trade policy, while the Finance section delves into exchange rates, open-economy macroeconomics, and international capital markets. With its clear explanations, real-world examples, and engaging writing style, this book is an essential resource for students, educators, and professionals in the field of economics.
Key Features
- Comprehensive coverage of international trade and finance theories and policies.
- Updated to reflect the latest developments in the global economy.
- Clear and engaging writing style, making complex concepts accessible.
- Real-world examples and case studies to illustrate key concepts.
- Includes discussions on globalization, trade policies, and financial crises.
- Ideal for students, educators, and professionals in economics.
About Author
Paul Krugman is a Nobel Prize-winning economist, renowned for his work in international economics and trade theory. He is a professor at the City University of New York and a columnist for The New York Times. Maurice Obstfeld is a professor of economics at the University of California, Berkeley, and has served as the Chief Economist at the International Monetary Fund (IMF). Marc Melitz is a professor of economics at Harvard University and is widely recognized for his contributions to international trade theory, particularly the Melitz model of firm heterogeneity and trade. Together, these authors bring a wealth of academic and practical expertise to this textbook, making it a highly respected and authoritative resource in the field of international economics.
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Frequently Asked Questions
Q: What can I learn by reading this book?
A: This book provides a comprehensive understanding of international economics, covering both trade and finance. You will learn about theories such as comparative advantage, trade models, exchange rates, and open-economy macroeconomics, as well as their real-world applications.
Q: Is this book suitable for beginners?
A: Yes, this book is suitable for beginners. It is written in a clear and accessible manner, with real-world examples and case studies to help readers grasp complex concepts. However, some prior knowledge of basic economics may be helpful.
Q: Is this book recommended for professionals?
A: Absolutely. Professionals in economics, finance, and related fields will find this book to be an invaluable resource. It offers in-depth analysis and up-to-date insights into global economic issues, making it a must-read for practitioners and academics alike.
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