Title: Module 2 Introduction: (CU4 M2)
Course: SkillsCom EC 202 15.0 > Section: Credit Unit 4 Module 2 - Macroeconomics in an Open Economy

The focus of Module 2 is the measurement of trade and the determination of exchange rates. Specifically, Module 2 introduces the balance of payments, the exchange rate market, and the effectiveness of policy in an open economy.

Module Outcomes:

- Understand the balance of payments.
- Understand the exchange rate market.
- Describe how the effectiveness of policy is changed in an open economy.