International Finance Theory and Policy

by Krugman, Paul R.; Obstfeld, Maurice; Melitz, Marc

• ISBN13: 9780133425833
• ISBN10: 0133425835
• Edition: 10th
• Copyright: 2015-05-12
• Publisher: Pearson

Summary

For courses in International Finance

A balanced approach to theory and policy applications

International Finance: Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of the discipline. An intuitive introduction to international finance theory is followed by detailed coverage of policy applications. With this new tenth 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 Finance courses.

This program provides a better teaching and learning experience—for you and your students. It will help you to:

• Personalize learning with MyEconLab: This online homework, tutorial, and assessment program fosters learning and provides tools that help instructors to keep students on track.
• Reveal theory and applications of international finance: Balanced coverage of theory and applications aids student retention and highlights the relevance of course material.
• Give students learning tools to master course material: Numerous in-text learning resources engage students and encourage further exploration of course topics.
• Provide the most updated coverage: Thoroughly updated content ensures that students are up to date on key issues.

Note: If you are purchasing the standalone text or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab please visit www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching for 0133826678 / 9780133826678.  MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.

Table of Contents

1. Introduction
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
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