- Calculate the value of one currency in terms of another currency.
- Calculate the exchange rate for linear demand and supply functions.
- Plot demand and supply curves for a currency from linear functions and identify the equilibrium exchange rate.
- Using exchange rates, calculate the price of a good in different currencies.
- Calculate the changes in the value of a currency from a set of data.
You will be given a print copy of the following document to complete:
http://e-conomics.weebly.com/uploads/1/9/1/7/19176587/exchange_rates_hl.pdf