Showing posts with label Foreign Exchange. Show all posts
Showing posts with label Foreign Exchange. Show all posts
Tuesday, August 15, 2017

Foreign Exchange Market presentation for AP Macroeconomics

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Foreign exchange market from Gene Hayward

Wording for Correct answers for Foreign Exchange Market (FOREX) on the AP Macroeconomics FRQ's

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On the AP Macroeconomics exam you can be 99% certain you will be asked Foreign Exchange Market question(s) on the FRQ section of the test....
Wednesday, August 3, 2016

UK minimum wage pre and post-Brexit. How has it changed?

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There is always a debate about the appropriate level at which the minimum wage should be set (or even if there should be one). Internation...
Friday, July 1, 2016

Brexit and exchange rates. A simple example.

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Another short example of the effect "Brexit" has on trade in terms of the export and import of a finished goods from the UK . Th...
Tuesday, June 28, 2016

Brexit offers an opportunity for a short FOREX lesson.

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The British Pound Sterling has taken a beating in the span of a few short days.  It went from about $1.46 (at times higher) to a low of $1.3...
Friday, April 10, 2015

Part 2---Mini Lesson on the US Dollar vs The Euro.

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Yesterday I wrote a mini-lesson on the relationship between the US Dollar and the Euro: One year ago (April 9th, 2014) the  US dollar pri...
Thursday, April 9, 2015

Mini lesson--US Dollar vs the Euro.

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One year ago (April 9th, 2014) the US dollar price per Euro was $1.40.  Read that as it took $1.40 to "buy" 1 Euro dollar. If I w...
Thursday, October 9, 2014

China vs the US in GDP measurement. I try to explain it using actual vs PPP exchange rates.

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China reported its Gross Domestic Product to be  56.88 trillion Yuan in 2013 . I am going to assume this is "Nominal GDP", not adj...

Depreciation and Small businesses in Japan. My example.

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Here is a nice article on how swings in currency exchange rates are having an adverse affect on small businesses in Japan. Here is an excer...
Thursday, September 11, 2014

How to read a "Cross Currency Rate" chart for the lesson on Foreign Exchange Rates.

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One way students might encounter an exchange rate chart is in the from of "Cross Currency Rates" It is in table form and can be ...
Wednesday, May 28, 2014

Here is some great info on the high Australian Minimum Wage. This is not to change minds but to add to your knowledge base. Both sides will find some supporting evidence.

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When we compare minimum wages across borders it can get dicey because we have to interject currency exchange rates. We can use actual market...
Tuesday, May 20, 2014

"Purchasing Power Parity for Dummies"---like me!

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Purchasing Power Parity is somewhat of a difficult concept to grasp for the average high school student. Heck, I struggle with it. I will ...
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Monday, May 19, 2014

The Swiss proposed a minimum wage of $25 per hour...or is it $16? Depends on your definition of exchange rate

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The Swiss held a nationwide vote to raise the minimum wage and it was soundly defeated.  In the US, the media reported that it would have be...
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