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Textbook Notes for ECON 345 at Simon Fraser University (SFU)

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SFUECON 345David CoxSummer

Study guide - Chapter 2 Exchange Rates and Foreign Exchange Market: An Asset Approach

OC100757 Page
16 May 2011
54
*when a country"s currency depreciates, foreigners find its exports are cheaper, domestic residents find imports more expensive! (vice versa) *all else
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SFUECON 345David CoxSummer

Study guide - Chapter 3 - Money, Interest Rate, and Exchange Rates

OC100755 Page
16 May 2011
44
What is money: money supply monetary aggregate the fed reserve calls m1  total amt of currency + checking deposits held by households + firms. How the
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SFUECON 345A N I C H U L K H A NFall

ECON 345 Chapter Notes - Chapter 9: Troubled Asset Relief Program, Risk Premium, Moral Hazard

OC9852835 Page
20 Nov 2016
6
Financial fric)ons: asymmetric informa0on which acts as a barrier to e cient alloca0on of capital. Financial crisis: informa0on that ows in nancial mar
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SFUECON 345A N I C H U L K H A NFall

ECON 345 Chapter Notes - Chapter 16: Canadian Dollar, Openmarket, Pras

OC9852834 Page
21 Nov 2016
7
It uses mul6lateral ne7ng: only the net credit or debit of each par6cipant is calculated for the daily sealement. It eliminates systemic risk: par6cipa
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