3 .EXCHANGE RATE DETERMINATION What is in this chapter • Measuring Exchange Rate Movements • Exchange Rate Equilibrium – Demand for a Currency – Supply of a Currency…

1. 32 A Macroeconomic Theory of the Open Economy 2. Open Economies An open economy is one that interacts freely with other economies around the world. 3. Key Macroeconomic…

Slide 1April, 9th, 2001Bank of Korea1 Monetary Policy and Money Markets an European perspective Abel M. Mateus Banco of Portugal Board Member (MPC) Executive Director for…

1.Chapter 7 TYPES AND COSTS OF FINANCIAL CAPITAL © 2003 South-Western College Publishing ENTREPRENEURIAL FINANCE Leach & Melicher2. CHAPTER 7: LEARNING OBJECTIVES Understand…

1. GOLDGROUP 1: Charles, Farah, Joanne, Pamela, Raymond, Xi 2. Topics• Introduction• Gold Price Movement• Gold vs. US Dollar• Gold vs. Inflation• Gold vs. Stock•…

Slide 1 Slide 2 [“S&D” determine currency strengths] Japan United States [What if the U.S. wants more Mazdas from Japan?] Slide 3 [“S&D” determine currency…

Slide 1INTEREST RATES Slide 2 REAL INTEREST RATES Mishkin, P. 123-125 Slide 3 Nominal and Real Interest Rates Nominal return represents how much money you will receive after…

Slide 1Chapter The Influence of Monetary and Fiscal Policy on Aggregate Demand 21 Slide 2 Monetary Policy Influences Aggregate Demand Aggregate-demand curve slopes downward:…

Slide 1Charts Inflation Report 2/06 Slide 2 1 Monetary policy assessments and strategy Slide 3 Chart 1.1 CPI and indicators of underlying inflation. 12-month change. Per…

Slide 1 Increases in Global Commodity Prices: Macroeconomic Effects and Policy Responses of Developing Countries Prof. Jeffrey Frankel APPENDICES V Jornada Monetaria, Banco…