Summary
Paul R. Krugman, Maurice Obstfeld: International Economics: Theory and Economic Policy
Theory and Economic Policy.
Seventh Edition.
Authors: Paul R. Krugman, Maurice Obstfeld.
Brief Contents:
- INTERNATIONAL TRADE THEORY
- World Trade, Labor Productivity and Comparative Advantage, Resources, Comparative Advantage and Income Distribution, Standard Model trade, Economies of scale, imperfect competition and international trade, International movements of factors of production
- FOREIGN TRADE POLICY
- Instruments of trade policy, Political economy of trade policy, Trade policy of developing countries, Disagreements about trade policy
- EXCHANGE RATES AND MACROECONOMICS OF THE OPEN ECONOMY
- National income accounting and balance of payments, Exchange rates and foreign exchange market: property access, Money, interest rates and exchange rates, Price levels and exchange rates in the long term, Production and exchange rates in the short term, Fixed exchange rates and foreign exchange internationalization
- INTERNATIONAL ECONOMIC POLICY
- International monetary system, Macroeconomic policy and coordination in conditions of fluctuating exchange rates, Optimal currency areas and the European experience, Global capital market, Developing countries: growth, crisis and reform
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