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International Trade: Theory and Policy, Global Edition Paul Krugman

International Trade: Theory and Policy, Global Edition By Paul Krugman

International Trade: Theory and Policy, Global Edition by Paul Krugman


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International Trade: Theory and Policy, Global Edition Summary

International Trade: Theory and Policy, Global Edition by Paul Krugman

For courses in International Trade.

A balanced approach to theory and policy applications

International Trade: Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of the discipline. An intuitive introduction to trade theory is followed by detailed coverage of policy applications. With this new 12th Edition, 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.

Also available with MyLab Economics: MyLab Economics is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.

Students, if interested in purchasing this title with MyLab Economics, ask your instructor for the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information.

About Paul Krugman

Paul Krugman, recipient of the 2008 Nobel Memorial Prize in Economic Sciences, taught at Princeton University for 14 years. In 2015, he joined the faculty of the Graduate Center of the City University of New York, associated with the Luxembourg Income Study, which tracks and analyses income inequality around the world. He received his BA from Yale and his PhD from MIT. Before Princeton, he taught at Yale, Stanford, and MIT. He also spent a year on the staff of the Council of Economic Advisers in 1982-1983. His research has included trailblazing work on international trade, economic geography, and currency crises. In 1991, Krugman received the American Economic Association's John Bates Clark medal. In addition to his teaching and academic research, Krugman writes extensively for nontechnical audiences. He is a regular op-ed columnist for the New York Times.

Maurice Obstfeld is the Class of 1958 Professor of Economics at UC Berkeley. He joined Berkeley in 1989 as a professor, following appointments at Columbia (1979-1986) and the University of Pennsylvania (1986-1989). He was also a visiting professor at Harvard between 1989 and 1991. In 2014-2015 he was a Member of President Obama's Council of Economic Advisers, and from 2015-2018 he served as chief economist at the International Monetary Fund. Before that, he served as an honorary adviser to the Bank of Japan's Institute of Monetary and Economic Studies. Among Professor Obstfeld's honors are the Frank Graham Lecture at Princeton, the inaugural Mundell-Fleming Lecture of the International Monetary Fund, the Bernhard Harms Prize and Lecture of the Kiel Institute for World Economy, the L. K. Jha Memorial Lecture at the Reserve Bank of India, and the Richard T. Ely Lecture of the American Economic Association. Professor Obstfeld is a Fellow of the Econometric Society and the American Academy of Arts and Sciences. He is active as a research fellow of the Centre for Economic Policy Research and a research associate of the National Bureau of Economic Research. Most recently, he has joined the Peterson Institute for International Economics in Washington, DC, as a nonresident senior fellow.

Marc Melitz is the David A. Wells Professor of Political Economy at Harvard University. He holds a BA from Haverford College (1989), an MSBA from the Robert Smith School of Business (1992), and a PhD from the University of Michigan (2000). He is a fellow of the Econometric Society and is affiliated with the National Bureau of Economic Research (NBER), the Centre for Economic Policy Research (CEPR), CESifo, and the Kiel Institute for the World Economy. His broad research interests are in international trade and investment. More specifically, he studies producer-level responses to globalisation and their implications for aggregate trade and investment patterns. His research has been funded by the Sloan Foundation and by the NSF.

Table of Contents

  • 1. Introduction
PART 1: International Trade Theory
  • 2. World Trade: An Overview
  • 3. Labor Productivity and Comparative Advantage: The Ricardian Model
  • 4. Specific Factors and Income Distribution
  • 5. Resources and Trade: The Heckscher-Ohlin Model
  • 6. The Standard Trade Model
  • 7. External Economies of Scale and the International Location of Production
  • 8. Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises
PART 2: International Trade Policy
  • 9. The Instruments of Trade Policy
  • 10. The Political Economy of Trade Policy
  • 11. Trade Policy in Developing Countries
  • 12. Controversies in Trade Policy
Mathematical Postscripts
  • Postscript to Chapter 5: The Factor-Proportions Model
  • Postscript to Chapter 6: The Trading World Economy
  • Postscript to Chapter 8: The Monopolistic Competition Model

Additional information

NGR9781292417233
9781292417233
1292417234
International Trade: Theory and Policy, Global Edition by Paul Krugman
New
Paperback
Pearson Education Limited
2022-03-09
368
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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