Type:
Solution Manual
Resource:
International Economics
Edition:
10th Edition
Author(s):
Paul R. Krugman Maurice Obstfeld Marc Melitz
INSTRUCTOR’S MANUAL to accompany
International Economics Tenth Edition
Dominick Salvatore Fordham University
Instructor’s Manual to accompany International Economics, 10 th Edition
CONTENTS Preface Chapter 1: Introduction
v 1-1
PART ONE: INTERNATIONAL TRADE THEORY Chapter 2: The Law of Comparative Advantage
2-1
Chapter 3: The Standard Theory of International Trade
3-1
Chapter 4: Demand and Supply, Offer Curves, and the Terms of Trade
4-1
Chapter 5: Factor Endowments and the Heckscher-Ohlin Theory
5-1
Chapter 6: Economies of Scale, Imperfect Competition, and International Trade
6-1
Chapter 7: Economic Growth and International Trade
7-1
PART TWO: INTERNATIONAL TRADE POLICY Chapter 8: Trade Restrictions: Tariffs
8-1
Chapter 9: Nontariff Trade Barriers and the New Protectionism
9-1
Chapter 10: Economic Integration: Customs Unions and Free Trade Areas
10-1
Chapter 11: International Trade and Economic Development
11-1
Chapter 12: International Resource Movements and Multinational Corporations
12-1
PART THREE: THE BALANCE OF PAYMENTS, FOREIGN EXCHANGE MARKETS, AND EXCHANGE RATES Chapter 13: The Balance of Payments
13-1
Chapter 14: Foreign Exchange Markets and Exchange Rates
14-1
Chapter 14: Exchange Rate Determination
15-1
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iii
Instructor’s Manual to accompany International Economics, 10 th Edition
PART FOUR:OPEN ECONOMY MACROECONOMICS AND THE INTERNATIONAL MONETARY SYSTEM Chapter 16: The Price Adjustment Mechanisms with Flexible and Fixed Exchange Rates
16-1
Chapter 17: The Income Adjustment Mechanism and Synthesis of Automatic Adjustments
17-1
Chapter 18: Open Economy Macroeconomics: Adjustment Policies
18-1
Chapter 19: Prices and output in an Open Economy: Aggregate Demand and Aggregate Supply
19-1
Chapter 20: Flexible versus Fixed Exchange Rates, The European Monetary System, and Macroeconomic Policy Coordination
20-1
Chapter 21: The International Monetary System: Past and Present
21-1
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iv
Instructor’s Manual to accompany International Economics, 10 th Edition
PREFACE Purpose of this Manual The purpose of this manual is to facilitate the use of the text by the Instructor. It contains the detailed outline of each chapter, lecture guides with suggestions on how best to present the material in each chapter, and suggested answers to the end-of-chapter problems. Course Outlines The text includes more material than can be covered in a one-semester undergraduate course in international economics, thus providing the Instructor with a great deal of flexibility as to what to include. The core chapters for a one-semester undergraduate course in international economics are: Chapters 1-6, 8-9, 13-18, 21. I would cover each of these 15 chapters in one week (except for doubling up in one week) of the semester. I would skip the appendices, or make some of them optional. I would give the midterm after Chapter 9 and the final on all chapters covered at the end of the semester. Some Instructors, of course, may want to follow a different format. In an undergraduate course in international trade, I would cover Chapters 1-12, and 21. In a one-semester undergraduate course in international finance, I would cover Chapters 1, 13-21. In a graduate course in International Trade in the MA, MBA, International Affairs, and International Political Economy, I would cover Chapters 1-12, and 21. I would also cover all the appendices and assign readings from the selected bibliography at the end of each chapter. In a graduate course in International Finance in the MA, MBA, International Affairs, and International Political Economy, I would cover Chapters 1 and 13-21. I would also cover all the appendices and assign readings from the selected bibliography. In a graduate course in International Economics, I would cover all 21 chapters, with or without the appendices and other readings from the selected bibliography.
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