International Economics, 9th Edition

Nobel Prize winning economist Paul Krugman and renowned researcher Maurice Obstfeld set the standard for International Economics courses with the text that remains the market leader in the U.S. and around the world.

International Economics: Theory and Policy is a proven approach in which each half of the book leads with an intuitive introduction to theory and follows with self-contained chapters to cover key policy applications.

Part 1: International Trade Theory
Chapter 1: Introduction

Chapter 2: World Trade: An Overview
Chapter 3: Labor Productivity and Comparative Advantage: The Ricardian Model
Chapter 4: Specific Factors and Income Distribution
Chapter 5: Resources and Trade: The Heckscher-Ohlin Model
Chapter 6: The Standard Trade Model
Chapter 7: External Economies of Scale and the International Location of Production
Chapter 8: Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises
Part 2: International Trade Policy
Chapter 9: The Instruments of Trade Policy
Chapter 10: The Political Economy of Trade Policy
Chapter 11: Trade Policy in Developing Countries
Chapter 12: Controversies in Trade Policy
Part 3: Exchange Rates and Open-Economy Macroeconomics
Chapter 13: National Income Accounting and the Balance of Payments
Chapter 14: Exchange Rates and the Foreign Exchange Market: An Asset Approach
Chapter 15: Money, Interest Rates, and Exchange Rates
Chapter 16: Price Levels and the Exchange Rate in the Long Run
Chapter 17: Output and the Exchange Rate in the Short Run
Chapter 18: Fixed Exchange Rates and Foreign Exchange
Part 4: International Macroeconomic Policy
Chapter 19: International Monetary Systems: An Historical Overview
Chapter 20: Optimum Currency Areas and the European Experience
Chapter 21: Financial Globalization: Opportunity and Crisis
Chapter 22: Developing Countries: Growth, Crisis, and Reform