Swan diagram | Internal balance and external balance | International economics скачать в хорошем качестве

Swan diagram | Internal balance and external balance | International economics

The swan model of internal balance and external balance is one of the most important topics in international economics. It combines together the internal balance and external balance. Internal balance is the balance between unemployment and price stability. In the Swan diagram internal balance shows different combination of real exchange rate and domestic absorption, so that the economy in the full employment as well as stable price. External balance is the balance between foreign currency demand and foreign currency supply. In the Swan diagram external balance shows different combination of real exchange rate and domestic absorption so that the foreign currency demand and foreign currency supply become equal. We first explain the concept of exchange rate and domestic absorption. We discuss how to calculate exchange rate. We explain Swan diagram with internal balance and external balance in Bengali. By watching the video students can understand What is internal balance What is external balance what is exchange rate What is domestic absorption why internal balance is downward why the external balance is upward what is Swan diagram concept of Swan diagram exchange rate determination #macroeconomics #international_economics #internationalfinance #internationaleconomics #open_economy #swan #swandiagram #অর্থনীতি #swan_model