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Lecture 10: The Goods Market and the Exchange Rate

Lecture 10: The Goods Market and the Exchange Rate. Devaluations (static and dynamic responses) Exchange rate determination (capital markets) The open economy IS-LM. The Goods Market. Z = C + I + G + X - e Q C(Y-T) + I(Y,I) + G Q = Q(Y,e) + - X = X(Y*,e)

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Lecture 8: The Goods Market and the Exchange Rate

Lecture 8: The Goods Market and the Exchange Rate. Devaluations (static and dynamic responses) Exchange rate determination (capital markets). The Goods Market. Z = C + I + G + X - e Q C(Y-T) + I(Y,I) + G Q = Q(Y,e) + - X = X(Y*,e) + +.

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148 views • 6 slides

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Devaluations static - PowerPoint PPT Presentation

Lecture 10: The Goods Market and the Exchange Rate

Lecture 8: The Goods Market and the Exchange Rate