Lesson 7 of 11 • 8 upvotes • 11:41mins
In this lesson, the flexible exchange rate system of determining through exchange rate is discussed. The lesson consists of the graphical representation of the movements of the exchange rate equilibrium. In the later part of the lesson, the speculation in the foreign exchange market is also discussed.
11 lessons • 1h 40m
Course Overview
4:43mins
Introduction to Open Economy
9:05mins
Balance of Payments
5:42mins
BoP Surplus and Deficit
9:07mins
Foreign Exchange Market: An Introduction
6:42mins
Foreign Exchange Rate
8:52mins
Determination of Exchange Rate: Flexible Exchange Rate
11:41mins
Determination of Exchange Rate: Fixed Exchange Rate
8:49mins
Determination of income in an open economy
12:34mins
Equilibrium output and the trade balance
13:29mins
Trade deficits, savings and investment
9:13mins