Unit 4.5: Exchange rates

Links to pages with lesson plans for unit 4.5 (old syllabus unit 3.2)

This is a link page to sub-pages, containing lesson plans and learning activities, which provide activities and lesson plans for the global economics unit, 4.5: Exchange rates.  Under the previous syllabus this unit was included under 3.2.  Typically each lesson plan includes resources to use on an interactive whiteboard and worksheets to print. The pages have full student access to give maximum flexibility to the teacher and the student. There are theoretical notes for extended reading and teacher notes at the top that provide timing information lesson objectives and activity instructions.

Unit 4.5: The level of overall economic activity

Direct access to each page can be accessed at the following links:

Assessment map

This page provides a map of the various assessments included in the unit, including short answers responses, case studies and areas for discussion.Syllabus area: Floating exchange ratesAssessment

Floating exchange rates

This lesson introduces exchange rates, which can be described as the price of one currency relative to another. Your students also need an understanding that the exchange rate of a country impacts on...

Fixed / managed exchange rate systems

This lesson looks at a comparison of fixed and floating exchange rate systems. What are the differences between a floating exchange rate system and a fixed / managed rate system?Lesson time: 70 minutes

The market for foreign exchange

This page looks at the factors that lead to changes in currency demand and supply, including foreign demand for a country’s exports, domestic demand for imports, relative interest rates, relative inflation...

Did Donald Trump cause the Turkish lira to fall?

On 10th August 2018, the Turkish lira lost 20% of its value. This came on top of a 40% decline in the previous 12 months. Speaking on twitter, President Trump claimed the currency (Turkish lira) was...

Is China manipulating its currency?

A common theme in the US election campaign was international trade and the extent to which America was currently getting a poor deal from existing trade deals. While Hilary Clinton campaigned to support...

Unit 4.5: Review sheet

I have included this page, which contains a PDF handout as a simple revision exercise. I find that many IB students get a degree of comfort from these short summary handouts.The review sheet is available...

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