International Economics: Theory and Policy

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Product Description
International Economics, the best-selling textbook in the field, is written by two of the world’s preeminent economists. Both the real trade portion of the book and the monetary portion are divided into a core of chapters focused on theory, followed by chapters applying the theory to major policy questions, past and current. The Sixth Edition has been throughly revised to reflect the changes of today’s global economic landscape, including the unprecedented expansion… More >>

International Economics: Theory and Policy

5 Comments For This Post

  1. Anonymous Says:

    It is true that the authors of this book know what they are talking about. It is not true, however, that they can relay that information to others in an easy to understand manner. Important terms and concepts are lost in numerous mathematical functions. The functions themselves would be somewhat self-explanatory if they had included numerical examples;however, they did not include enough to make the concepts crystal clear. Besides, how many college students can really get into products such as wine and cheese which the author’s uses to illustrate a concept in the second chapter. They could have illustrated it much better with the use of beer and pizza. Agreeably, this has to be one of the worst economic textbooks I have read.
    Rating: 2 / 5

  2. Anonymous Says:

    Extremely interesting book.
    Rating: 5 / 5

  3. Sunil Khanna Says:

    Krugman et al constantly contradicts earlier statements throughout the text in the international trade section, it will give you a headache. The finance side is better. If you really want to learn international trade and finance (for undergrad), get the Caves, Jones, Frankel text…. I learned the hard way and had to pay restocking fees (etc) when I wanted to exhange it for Caves et al. Krugman should stick to writing editorials for the NY Times b/c this text needs some serious help!!!
    Rating: 1 / 5

  4. Srinidhi Anantharamiah Says:

    Krugman and Obstfeld, two world renowned international economists, provide a full detailed analysis and examples for the basis of trade among nations. It is relatively straightforward to comprehend for both economists and noneconomists. International trade is an important component of economic policy for the growth and development of countries. This book examines various theoretical trade models and provides real world examples of policy formulation and their impact. The authors do not take any political positions, thus making their analysis a purely objective, or positive study.

    I would highly recommend this book to students interested in doing research in international trade and development. It is a must read for prospective international economists. Noneconomists might also find it as a useful reference. I found the book to be invaluable in my graduate research and dissertation.

    Rating: 5 / 5

  5. Alberto Ruiz Ortiz Says:

    Some complicated theories explained in a way that can be understood.

    Esay flow from a concept to the next.
    Rating: 4 / 5

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