International economics : theory & policy
Author(s)
Bibliographic Information
International economics : theory & policy
(Addison-Wesley series in economics)
Pearson Addison-Wesley, c2009
8th ed
- : Pearson international ed
- : hbk
- Other Title
-
International economics : theory and policy
Available at 81 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and index
Description and Table of Contents
- Volume
-
: hbk ISBN 9780321493040
Description
Nobel Prize-winning economist Paul Krugman and renowned researcher Maurice Obstfeld set the standard for international economics courses with the text that remains the market leader in the U.S. and around the world.
International Economics: Theory and Policy is a proven approach in which each half of the book leads with an intuitive introduction to theory and follows with self-contained chapters to cover key policy applications. The Eighth Edition integrates the latest research, data, and policy in hot topics such as outsourcing, economic geography, trade and environment, financial derivatives, the subprime crisis, and China's exchange rate policies.
New for the Eighth Edition, all end-of-chapter problems are integrated into MyEconLab, the online assessment and tutorial system that accompanies the text. Students get instant, targeted feedback, and instructors can encourage practice without needing to grade work by hand. For more information visit MyEconLab.
Table of Contents
Table of Contents
Chapter 1. Introduction
What Is International Economics About?
International Economics: Trade and Money
PartI.International Trade Theory
Chapter 2. World Trade: An Overview
Who Trades with Whom?
The Changing Pattern of World Trade
Do Old Rules Still Apply?
Chapter 3. Labor Productivity and Comparative Advantage: The Ricardian Model
The Concept of Comparative Advantage
A One-Factor Economy
Trade in a One-Factor World
Misconceptions About Comparative Advantage
Comparative Advantage with Many Goods
Adding Transport Costs and Nontraded Goods
Empirical Evidence on the Ricardian Model
Chapter 4. Resources, Comparative Advantage, and Income Distribution
A Model of a Two-Factor Economy
Effects of International Trade Between Two-Factor Economies
The Political Economy of Trade: A Preliminary View
Empirical Evidence on the Heckscher-Ohlin Model
Appendix: Factor Prices, Goods Prices, and Input Choices
Chapter 5. The Standard Trade Model
A Standard Model of a Trading Economy
International Transfers of Income: Shifting of the RD Curve
Tariffs and Export Subsidies: Simultaneous Shifts in RS and RD
Appendix: Representing International Equilibrium with Other Curves
Chapter 6. Economies of Scale, Imperfect Competition, and International Trade
Economies of Scale and International Trade: An Overview
Economies of Scale and Market Structure
The Theory of Imperfect Competition
Monopolistic Competition and Trade
Dumping
The Theory of External Economies
External Economies and International Trade
Economic Geography and Interregional Trade
Appendix: Determining Marginal Revenue
Chapter 7. International Factor Movements
International Labor Mobility
International Borrowing and Lending
Direct Foreign Investment and Multinational Firms
Appendix 1: Finding Total Output from the Marginal Product Curve
Appendix 2: More on Intertemporal Trade
Part II. International Trade Policy
Chapter 8. The Instruments of Trade Policy
Basic Tariff Analysis
Costs and Benefits of a Tariff
Other Instruments of Trade Policy
The Effects of Trade Policy: A Summary
Appendix 1: Tariff Analysis in General Equilibrium
Appendix 2: Tariffs and Import Quotas in the Presence of Monopoly
Chapter 9. The Political Economy of Trade Policy
The Case for Free Trade
National Welfare Arguments Against Free Trade
Income Distribution and Trade Policy
International Negotiations and Trade Policy
The Doha Disappointment
Appendix: Proving That the Optimum Tariff Is Positive
Chapter 10. Trade Policy in Developing Countries
Import-Substituting Industrialization
Results of Favoring Manufacturing: Problems of Import-Substituting Industrialization
Trade Liberalization Since 1985
Export-Oriented Industrialization: The East Asian Miracle
Chapter 11. Controversies in Trade Policy
Sophisticated Arguments for Activist Trade Policy
Globalization and Low-Wage Labor
Globalization and the Environment
Part III. Exchange Rates and Open-Economy Macroeconomics
Chapter 12. National Income Accounting and the Balance of Payments
The National Income Accounts
National Income Accounting for an Open Economy
The Balance of Payments Accounts
Chapter 13. Exchange Rates and the Foreign Exchange Market: An Asset Approach
Exchange Rates and International Transactions
The Foreign Exchange Market
The Demand for Foreign Currency Assets
Equilibrium in the Foreign Exchange Market
Interest Rates, Expectations, and Equilibrium
Appendix: Forward Exchange Rates and Covered Interest Parity
Chapter 14. Money, Interest Rates, and Exchange Rates
Money Defined: A Brief Review
The Demand for Money by Individuals
Aggregate Money Demand
The Equilibrium Interest Rate: The Interaction of Money Supply and Demand
The Money Supply and the Exchange Rate in the Short Run
Money, the Price Level, and the Exchange Rate in the Long Run
Inflation and Exchange Rate Dynamics
Chapter 15. Price Levels and the Exchange Rate in the Long Run
The Law of One Price
Purchasing Power Parity
A Long-Run Exchange Rate Model Based on PPP
Empirical Evidence on PPP and the Law of One Price
Explaining the Problems with PPP
Beyond Purchasing Power Parity: A General Model of Long-Run Exchange Rates
International Interest Rate Differences and the Real Exchange Rate
Real Interest Parity
Appendix: The Fisher Effect, the Interest Rate, and the Exchange Rate Under the Flexible-Price Monetary Approach
Chapter 16. Output and the Exchange Rate in the Short Run
Determinants of Aggregate Demand in an Open Economy
The Equation of Aggregate Demand
How Output Is Determined in the Short Run
Output Market Equilibrium in the Short Run: The DD Schedule
Asset Market Equilibrium in the Short Run: The AA Schedule
Short-Run Equilibrium for an Open Economy: Putting the DD and AA Schedules Together
Temporary Changes in Monetary and Fiscal Policy
Inflation Bias and Other Problems of Policy Formulation
Permanent Shifts in Monetary and Fiscal Policy
Macroeconomic Policies and the Current Account
Gradual Trade Flow Adjustments and Current Account Dynamics
Appendix 1: Intertemporal Trade and Consumption Demand
Appendix 2: The Marhsall-Lerner Condition and Empirical Estimates of Trade Elasticities
Chapter 17. Fixed Exchange Rates and Foreign Exchange Intervention
Why Study Fixed Exchange Rates?
Central Bank Intervention and the Money Supply
How the Central Bank Fixes the Exchange Rate
Stabilization Policies with a Fixed Exchange Rate
Balance of Payments Crises and Capital Flight
Managed Floating and Sterilized Intervention
Reserve Currencies in the World Monetary System
The Gold Standard
Appendix 1: Equilibrium in the Foreign Exchange Market with Imperfect Asset Substitutability
Appendix 2: The Timing of Balance of Payments Crises
Part IV. International Macroeconomic Policy
Chapter 18. The International Monetary System, 1870-1973
The Interwar Years, 1918-1939
The Bretton Woods System and the International Monetary Fund
Analyzing Policy Options Under the Bretton Woods System
The External Balance Problem of the United States
Worldwide Inflation and the Transition to Floating Rates
Chapter 19. Macroeconomic Policy and Coordination Under Floating Exchange Rates
The Case for Floating Exchange Rates
The Case Against Floating Exchange Rates
Macroeconomic Interdependence Under a Floating Rate
What Has Been Learned Since 1973?
Are Fixed Exchange Rates Even an Option for Most Countries?
Directions for Reform
Appendix: International Policy Coordination Failures
Chapter 20. Optimum Currency Areas and the European Experience
How the European Single Currency Evolved
The Euro and Economic Policy in the Euro Zone
The Theory of Optimum Currency Areas
The Future of EMU
Chapter 21. The Global Capital Market: Performance and Policy Problems
The International Capital Market and the Gains from Trade
International Banking and the International Capital Market
Regulating International Banking
Chapter 22. Developing Countries: Growth, Crisis, and Reform
Income, Wealth, and Growth in the World Economy
Structural Features of Developing Countries
Developing-Country Borrowing and Debt
East Asia: Success and Crisis
Lessons of Developing-Country Crises
Reforming the World's Financial "Architecture"
Understanding Global Capital Flows and the Global Distribution of Income: Is Geography Destiny?
Mathematical Postscripts
- Volume
-
: Pearson international ed ISBN 9780321553980
Description
Nobel Prize-winning economist Paul Krugman and renowned researcher Maurice Obstfeld set the standard for international economics courses with the text that remains the market leader in the U.S. and around the world.
International Economics: Theory and Policy is a proven approach in which each half of the book leads with an intuitive introduction to theory and follows with self-contained chapters to cover key policy applications. The Eighth Edition integrates the latest research, data, and policy in hot topics such as outsourcing, economic geography, trade and environment, financial derivatives, the subprime crisis, and China's exchange rate policies.
New for the Eighth Edition, all end-of-chapter problems are integrated into MyEconLab, the online assessment and tutorial system that accompanies the text. Students get instant, targeted feedback, and instructors can encourage practice without needing to grade work by hand. For more information visit MyEconLab.
Table of Contents
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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