International Economics: Theory and Policy, Global Edition

by Paul Krugman, Maurice Obstfeld, Marc Melitz

For courses in international economics, international finance, and international trade. A balanced, global approach to economic theory and policy applications
International Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of theory and policy around the world. Divided into two halves, with the first devoted to trade and the second to monetary questions, the text provides an intuitive introduction to theory and events as well as detailed coverage of the actual policies put into place as a response. In the 12th Edition , important economic developments are highlighted, with many lessons drawn from the recent COVID-19 pandemic experience. Using examples like these, the text equips students with the intellectual tools for understanding the changing world economy and economic implications of global interdependence.

Genres: Economics

824 pages, Paperback

Published February 8, 2022

About the author

Paul Robin Krugman is an American economist, liberal columnist and author. He is Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs, Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times. In 2008, Krugman won the Nobel Memorial Prize in Economics for his contributions to New Trade Theory and New Economic Geography.

Reviews

[Gerrit Gmel · Rating 4 out of 5]

This is 3.5 stars rounded up to 4. Content-wise the book is great. The theory is illustrated by numerous relevant modern examples which answered many of the questions I’ve had. However, the writing style is lacking, it’s quite heavy and often hard to grasp for a novice. Still, not a bad macro textbook!