Lesson 5 of 11 • 8 upvotes • 6:42mins
This lesson is an introduction to the foreign exchange market. Here, the exchange rate is explained with a two way definition.
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