Published by Pearson (July 29, 2024) © 2024
Paul Krugman | Maurice Obstfeld | Marc MelitzFor 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 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 Finance courses.
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- Introduction
Part 1: Exchange Rates and Open-Economy Macroeconomics
- National Income Accounting and the Balance of Payments
- Exchange Rates and the Foreign Exchange Market: An Asset Approach
- Money, Interest Rates, and Exchange Rates
- Price Levels and the Exchange Rate in the Long Run
- Output and the Exchange Rate in the Short Run
- Fixed Exchange Rates and Foreign Exchange Intervention
Part 2: International Macroeconomic Policy
- International Monetary Systems: An Historical Overview
- Financial Globalization: Opportunity and Crisis
- Optimum Currency Areas and the Euro
- Developing Countries: Growth, Crisis, and Reform
Mathematical Postscripts
- Postscript to Chapter 9: Risk Aversion and International Portfolio Diversification