A balanced, global approach to economic theory and policy applications. The book International Economics: Theory and Policy, Global Edition, 12th Edition by Paul Krugman, Maurice Obstfeld, and Marc Melitz, provides an engaging and balanced coverage of essential concepts of international theory and policy, from theory to practice. It is divided into two parts, with the first half dedicated to trade and the second half to monetary issues. The text offers a comprehensive introduction to theories and facts, as well as detailed coverage of the policies implemented.
The latest edition has been fully updated and revised, highlighting significant economic developments on both theoretical and practical levels, with numerous updates focusing on the recent experience of the COVID-19 pandemic and its impacts on the global economy.
It also includes: a study of the latest trends in import competition from developing countries - and particularly case studies on China and the USA - trade tensions with China, a discussion on the effects of Brexit, and a study of the relationship between money supply and prices, using the recent hyperinflationary situation in Venezuela as an example.
A set of useful features, case studies, and examples in the text will equip you with the intellectual tools necessary to understand the changing global economy and the economic impacts of global interdependence.
This edition is a Global Edition from Pearson and has collaborated closely with educators worldwide to include content that is particularly relevant for students outside the United States.
Pages: 824, Dimensions: 20.6x20.6cm.
