Ecn500 Module 11: Exchange Rate Determination

Module 11: Exchange Rate DeterminationECN500Table of Contents Tools Module IntroductionReadingsNote: The following readings may require you to be logged in to the Saudi Digital Library. You may do that here.RequiredChapter 12 in International EconomicsDuran, H. E. (2016). Exchange rate movements and its local effects: Turkey case. International Journal of Economics and Financial Issues, 6(2), 442-449.RecommendedChapter 12 PowerPoint slides – International EconomicsAli, M. (2016). Global imbalances and asymmetric returns to US foreign assets: Fitting the missing pieces of the US balance of payments puzzle. International Review of Applied Economics, 30(2), 167-187.Kumhof, M., & Yan, I. (2016). Balance of payments anti-crises. Journal of Macroeconomics, 48, 186-202.For Your SuccessModule 11 explores currency exchange and exchange rates. Pay attention to the different short-run and long-run factors that determine the exchange rates. The long-run determinants of exchange rates are relative productivity levels, relative price levels, consumer preferences for domestic or foreign goods, and trade barriers. What is overshooting?This week, you have a Critical Thinking Assignment that is due. Please review the assignment directions now and contact your instructor with any questions. There is also a required Live Session discussion with the instructor this week.Learning OutcomesDescribe the structure