Understanding Current Account in Balance of Payments

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Language of video: EN (English)

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This course includes:

01h 07m on-demand videos

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Level:
Beginner
What are We Going to Teach:

Students will learn about the current account in Balance of Payments.

Target Audience:
  • Students and any individual who enjoys learning about various concepts of economics
Course objective:
  • What is the meaning of Current Account in Balance of payments?
  • What are the various components of current account?
  • How can we calculate the current account balance in balance of payments?
  • What is meant by Surplus current account, Deficit current account and Balanced current account?
Course prerequisites:
  • Basic understanding of economic principles such as supply and demand, inflation and interest rates

Description :

After going through this course, the students will understand:

 

What is meant by  Current Account in Balance of Payments?

What are the essential ingredients of Current Account?

What are the three situations in respect of current account in Balance of Payments?

What do surplus and deficit in Current Account Balances indicate?

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Course Content : Expand all sections

  • 1 sections
  • 6 lectures
  • 01h 07m total length

00:03:04

After going through this course, the students will understand: What is meant by Current Account in Balance of Payments? What are the essential ingredients of Current Account? What are the three situations in respect of current account in Balance of Payments? What do surplus and deficit in Current Account Balances indicate?

What is meant by Current Account in Balance of Payments?

What are the essential ingredients of Current account in balance of payments? What is meant by visible items and invisible items? What is the meaning of unilateral transfers?

How can we calculate the current account balance in Balance of Payments?

What is meant by Surplus current account? What is meant by Deficit current account?

What are the three different situations which can arise in respect of current account balance in balance of payments?

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