London School of Economics Handbooks in Economics
1 total work
This book aims to familiarize students with exchange rate theories that have a direct bearing on the macro economy. It covers the asset market, portfolio balance, currency substitution and monetarist approaches. It also covers basic concepts and the Mundell-Fleming model, empirical results and recent developments such as equilibrium exchange rates and exchange rate bubbles. It makes use of extensive graphical analysis and includes displayed models of the major theoretical approaches. Practice for students is provided by means of questions and worked solutions.