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The most substantial revisions to this edition are:. Chapter 1: An Introduction to International Trade. Pearson offers affordable and accessible purchase options to meet the needs of your students. Connect with us to learn more. We're sorry! We don't recognize your username or password. Post a Review To post a review, please sign in or sign up.
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Esri Press. Michael Melvin, Arizona State University. Share this page. National Saving, Investment, and the Current Account. Comparisons with Policies in Other Countries. Edigion some signs of wear, and may have some markings on the inside. All textbook arrives within business days. After having considered many textbooks Pugel, Feenstra, Krugman etc.
I like the book, and I feel that my students like it too. The greatest strength of this book is how "minimal" it is. It is striking how the authors manage to explain the major theoretical concepts in a concise, yet intuitive way. Indeed, most theoretical analyses in this book simply rest on the analyses of the interactions between indifference curves, price line and production possibilities curve and a few other curves.
Naturally, it assumes a simplified assumption that there are two countries and two goods, while the extensions and generalizations are left in the appendices.
But the insights from the analyses are lucid, precise, and very readable. The only disadvantage I can see is that it does not contain a lot of exercises for students to practice.
But, apart from this point, I believe that this is a very suitable textbook for a first course in International Economics.
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