Content requirements:
Students are required to address three parts in the main body of this essay and content details are as blow:
1. Summarise the history of the exchange rate regime of a particular country.
2. Discuss three relationships that describe the behaviour of exchange rate (CIP, PPP, IFE).
3. Estimate the PPP between a particular country and the US. (Students need to collect monthly data for not less than 5 years to complete this part of the essay).
Assessment criteria
Appropriate structure and consistency/logic
Good presentation
Reasoned argument and conclusion
Scope of research,
Originality
Critical Analysis
Summarise the history of the exchange rate regime of a particular country. Discuss three relationships that describe the behaviour of exchange rate (CIP, PPP, IFE);
