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Introduction to Open Economy
Lesson 2 of 11 • 19 upvotes • 9:05mins
Antara Mahanta
In this lesson the meaning of open economy and the influence in aggregate demand due to the international trade have been discussed. One can learn about the degree of openness and international monetary system through this lesson.
Open Economy Macroeconomics for Class 12
11 lessons • 1h 40m
1
Course Overview
4:43mins
2
Introduction to Open Economy
9:05mins
3
Balance of Payments
5:42mins
4
BoP Surplus and Deficit
9:07mins
5
Foreign Exchange Market: An Introduction
6:42mins
6
Foreign Exchange Rate
8:52mins
7
Determination of Exchange Rate: Flexible Exchange Rate
11:41mins
8
Determination of Exchange Rate: Fixed Exchange Rate
8:49mins
9
Determination of income in an open economy
12:34mins
10
Equilibrium output and the trade balance
13:29mins
11
Trade deficits, savings and investment
9:13mins
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