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International Economics: Theory and Policy (6th Edition)

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Title: International Economics: Theory and Policy (6th Edition)
by Paul R. Krugman, Maurice Obstfeld
ISBN: 0-201-77037-7
Publisher: Pearson Addison Wesley
Pub. Date: 26 July, 2002
Format: Hardcover
Volumes: 1
List Price(USD): $119.00
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Average Customer Rating: 3.67 (12 reviews)

Customer Reviews

Rating: 1
Summary: Save your Money--Get the Caves, Jones, et al World Trade...
Comment: 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: 2
Summary: Verbose and confounding
Comment: I'm sure Krugman knows his economics but this book needs to be rewritten in a more understandable fashion. It is confounding because Krugman assumes too often that the reader knows and understands the underlying fundamentals of economics, which is definately not second nature to introductory students of international economics. Krugman needs to learn how to write simply and concisely like Mankiw, who's textbooks are simply understandable.

Rating: 5
Summary: A challenge you won't regret
Comment: Krugman's book is not perfect, I know, but if you stick with the reading the book will prove a valuable resource. One thing I like is that the authors don't baby their audience. They present difficult material as simple as it will let them, which is not simple enough for stupid people. But, in the end the text is great, you will learn about probably the most important subject in economics today from one if not two of the most important economists alive.

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