Level 1 CFA Economics: Currency Exchange Rates-Lecture 6

This is Reading 18 for the 2021 exam.

This CFA exam prep video lecture covers:
Exchange rates, international trade balance, and capital flows
Exchange rates and trade balance
- Elasticities approach
- Absorption approach
Summary of ""Currency Exchange Rates""

[jinakim]

I listened to all of your economic lectures (38 lectures) as of today. Thank you for your effort! It helped me a lot to understand economics!

[medetabay]

Thank you very much, mate! I've studied topics in economics in my bachelor's degree around 10 years ago. This series of lectures were very well-structured and helped me a lot to refresh my memory.

[na-fnef]

Deeply expressed appreciation, you have explained things so clear, and very logic, making tuition of every concept effortless and stick. Thank you very much!

[varunmanek]

Sir in the example for explaining concept of Marshall-Lerner, we considered net reduction in imports of 3.5% (10% increase in price - 6.5% decrease in quantity), in same lines why didn’t we consider net decrease in value of exports as 2.5% ( 10% decrease in price - 7.5% increase in Quantity) ?

[aparnalakshmy]

Thank you for your videos. I foumd them really helpful to understand the concepts in economics. 🙂

[ziyamammadov]

I had difficulty understanding this part of the chapter, thank you.

[mansibanthia]

Thank you so much sir for all the videos🙏👏

[omarkhan]

Huge respect for you, I just want to ask before starting my CFA journey that
1. Do your videos cover full syllabus of CFA level 1?
2. Are they sufficient for comprehensive coverage for level 1?
Please reply me as soon as possible

[thomson]

why price increased by 10% and q decreased by 6.5%, and you get the result of 3.5%. why not q*p. 1-6.5%* 1.1?

[usmanzahid]

Why imports increased when even euro depreciate
Imports should had decreased

[shresthtoshniwal]

Wouldn't a 7.5% increase be equal to 3 Million instead of 30 Million (75%)?