Posts tagged exchange rates
Exchange Rates
Jan 31st
Here are some resources useful for learning / revising the topic of exchange rates:
3) A Flash Card activity on some of the key words (if you click the arrow on the bottom right of each slide it reveals the answer).
4) Two quizzes. The first should be fine, the second gets harder especially beyond question 7 – don’t worry if you can’t answer these ones.
Purchasing Power Parity
Dec 7th
Purchasing Power Parity by Mindbitesdotcom. This is an incomplete taster / ad for a course you have to subscribe to, but is still useful as is stands, provided you add to your understanding with other resources.
15: PURCHASING POWER PARITY by InformedTrades:
2 Useful web sites:
http://economics.about.com/cs/money/a/purchasingpower.htm
http://www.wisegeek.com/what-is-purchasing-power-parity-theory.htm
Questions:
1) What is PPP and explain how it works using a hypothetical example?
2) Evaluate the usefulness of PPP theory when applied to the real world.
