Simplifying Global Economics, Business, and Finance edunomics.club

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Simplifying Global Economics, Business, and Finance edunomics.club

Game Plan Review what we learned last class Talk about the Foreign Exchange Market Walk the Plank game

Last Class Great Depression

Review- Great Depression “What goes up must come down” Investing in anticipation of rising prices Oversupply -> dump products at loss Share prices dropped

Foreign Exchange Market Market of international currencies Exchange rates- prices at which currencies trade Forex Market Basics

US Dollars v. Euro

Vocabulary When a currency becomes more valuable in terms of other currencies, it appreciates When a currency becomes less valuable in terms of other currencies, it depreciates

US Dollar Appreciation

Inflation General level of prices of goods and services rising Inflation

Walk the Plank- Great Depression ession.html ession.html

Next Class Review what we learned today Talk about Stock Market

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