Krugman and Obstfeld provide a unified model of open-economy macroeconomics based upon an asset-market approach to exchange rate determination with a central role for expectations.

"The Study Guide offers handy review and study aids for each chapter, including a review of central concepts from the text, further illustrative examples, and additional practice problems. Revised by Linda Goldberg of the Federal Reserve Bank of New York, Michael Klein of Tufts University, and Jay Shambaugh of Dartmouth College, the Study Guide is updated to reflect the content of the Eighth Edition."--Pearson.com viewed June 28, 2022

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