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When most people think about currency exchange, we are usually thinking about buying foreign currency to bring with us on vacation. However, currency exchange involves much more such as treasuries, bonds, imports and exports, trade imbalances, and the borrowing costs of a country.
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Learning outcomes: - Understanding of the currency exchange how it works; - Examines treasury bonds, liquid assets; - Understand the terminology used around currency exchange; - How countries trade and lend money to development growth.
|Module 1: Understanding Currency Exchange|
|Module 2: Currency Exchange Assessment|
|Course Rating (By Learners)|
|Course Title||Currency Exchange|
|Course Publisher||Khan Academy|
|Course Description|| When most people think about currency exchange, we are usually thinking about buying foreign currency to bring with us on vacation. However, currency exchange involves much more such as treasuries, bonds, imports and exports, trade imbalances, and the borrowing costs of a country. This free online course about currency exchange gives us a key insight into the financing behind a country's growth and development, and answers questions such as how is the money raised to build a country's infrastructure. The course discusses how currency is valued, devalued, and how countries trade and lend money to each other. It also discusses the knock-on effects of lack of demand for treasury bonds to a country and the costs thereafter. This course will be of great interest to business and finance professionals who would like to learn more about currency exchange mechanisms, and to the non-finance professional person wishing to know more about what role currency exchange practices play in the financial system.
|License||This course is available from Khan Academy OpenCourseWare through the following Creative Commons licence:|
|Release Date||07 November 2012|
|Course Duration (Avg Learner)||1-2 Hours|
|Age appropriateness||18+ Years|
|Minimum Grade/Class Level||Post-Secondary|
|Case Study||We are currently seeking case studies for this course. Click here to Submit One|
|Course Advisor||We are currently seeking subject experts regarding this course. Click here to become a volunteer subject expert advisor|