Hey Everyone! I’m Mr. Willis, and You Will Love Economics!

In this video, I will:
– Explain how exchange rates work
– Discuss currency appreciation and depreciation and how it impacts the price of imported
and exported goods
– Practice calculating currency conversion at a given exchange rate
– Define foreign exchange demand
– Explain the factors that contribute to the inverse relationship between exchange rates
and currency demanded
– Define foreign exchange supply
– Explain the factors that contribute to the positive relationship between exchange rates
and currency supplied
– Identify the 4 components of foreign exchange supply and demand
– Use graphs to analyze how a change in currency demand will impact exchange rates
– Use graphs to analyze how a change in currency supply will impact exchange rates

Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video:
https://www.teacherspayteachers.com/Product/The-Foreign-Exchange-Market-Activity-3773434

Follow our store on Teachers Pay Teachers
https://www.teacherspayteachers.com/S…

Look for us on Social Media:
Instagram — http://www.instagram.com/youwillloveh…
Facebook — http://www.facebook.com/youwilllovehi…

Subscribe to our YouTube Channel:
https://www.youtube.com/youwillloveeconomics

Check out our website for teaching tips and insight from us: https://sites.google.com/view/you-wil…
Video Rating: / 5

Email This Post Email This Post