Balance of Payments

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

The balance of payments is a record of all economic transactions between a country and the rest of the world, including the current account and the financial account.

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Course curriculum

1. What is the Balance of Payments?
2. Credits and Debits
3. The Four Categories
4. Trade Surplus vs. Trade Deficit
5. Stocks & Bonds & Foreign Direct Investment
6. Interest Rates & Capital Flows
7. The Balance of Payments Equation
8. Why Dollars Always Return
9. Foreign Exchange Currency Value
10. Why We Export to Import
11. Article: Exports Only Matter Because They Let Us Import
12. Advanced Practice

Additional Open Economy Macroeconomics Modules

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The Economics Olympiad is the world’s largest and most prestigious international competition that ignites the minds of young individuals and empowers them with essential economic knowledge and skills. Through a multi-stage structure, participants embark on a transformative journey, competing at the school, national, and international levels with the finals held in the birthplace of the Olympic Games—Ancient Olympia, Greece.

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Economics Olympiad Prep Modules

Use these modules to prepare for success in the Economics Olympiad competition.

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Course curriculum

Content

Additional Open Economy Macroeconomics Modules

FOREX Markets

FOREX & Capital Flows

Government Policy & FOREX

Economics Olympiad Prep Modules