Slides 2 Lecture PDF

Slides_part2 13 January 2025 09:36 Slides_part 2 New Section 2 Page 1 New Section 2 Page 2 New Section 2 Page 3 New Section 2 Page 4 New Section 2 Page 5 New Section 2 Page 6 New Section 2 Page 7 New Section 2 Page 8 New Section 2 Page 9 New Section 2 Page 10...

Slides_part2 13 January 2025 09:36 Slides_part 2 New Section 2 Page 1 New Section 2 Page 2 New Section 2 Page 3 New Section 2 Page 4 New Section 2 Page 5 New Section 2 Page 6 New Section 2 Page 7 New Section 2 Page 8 New Section 2 Page 9 New Section 2 Page 10 New Section 2 Page 11  when we see a graph/diagramm that shows how much of another currency we get for one unit of our currency, then an increase in the value means (appreciation/depriciation??) of our own currence when developed economy decideds to restrain their monetary course, it has a high influence especially on developing countries if we have a surplus, then the rest of the world needs to have a deficit -> our basically "excess money" we basically have to give to the other countries for them to be able to pay our exports (their imports) etc. Germany its good to have capital invested somewhere in the world, also because of possible higher returns -> however, we have to questions ourselves, because why dont we use that money to invest in our own country? surplus can also show a lack of competitiveness, because they could invest here more than abroad (?) deficit can also emerge from capital inflows because many countries want to have a share of the us economy -> invest in US -> the money is spent there -> drives deficit --> surplus/deficit doesnt always directly shows the degree of competitiveness New Section 2 Page 12 New Section 2 Page 13  a) is the quantity of dollars we can buy for one euro --> if this increase: appreciation of our currency as we would be able to buy more dollars wiith one euro b) convert US dollar price in €: 79$/1.08$= 73€ buy jeans in the US New Section 2 Page 14 New Section 2 Page 15 New Section 2 Page 16 New Section 2 Page 17 New Section 2 Page 18 New Section 2 Page 19 New Section 2 Page 20 New Section 2 Page 21