Open Educational Resources

Document Type

Lecture or Presentation

Publication Date

Spring 2018


This lecture examines the effects of the economy’s openness on macroeconomic policy. The three main topics covered in this lecture are: the effect of exports and imports on the Gross Domestic Product; the workings of a foreign exchange market; and the effects of exchange rates on the economy.


This OER was created under the CUNY/SUNY Scale Up Initiative grant, 2017-2018, sponsored by the CUNY Office of Library Services.

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 4.0 License.