Trouble on the Inca Trail or The Foreign Exchange Market

Trouble on the Inca Trail: A Decision-Making Survival Simulation

Author: Lorraine L Ukens

Trouble on the Inca Trail presents you with numerous challenging situations that require you to choose from a set of possible actions that offer the best chance for survival. To begin, you embark on the simulated adventure alone, determining your own choices, and then you take the journey as a team member making the decisions by group consensus. Afterward, compare your choices with what the group selects and determine whether the group performs better than any one individual alone. Trouble on the Inca Trail tests your knowledge and survival skills. Through this challenging and fun-filled simulated activity, you will learn how to work with others to solve problems and hone your team synergy and action-planning skills.

Interesting book: Introduction to Hospitality or Strategics

The Foreign Exchange Market: Theory and Econometric Evidence

Author: Richard Bailli

This book provides an integrated approach to recent developments in the understanding of foreign exchange markets. It covers the theory of efficient markets as developed in finance, and the models used to explain the movements of exchange rates in macroeconomics. The authors deal with the econometric estimation and testing of different models and theories of the foreign exchange market and macro-economy.

Table of Contents:

1. Historical development and institutions;
2. The theory of efficient markets;
3. Models of exchange rate behaviour;
4. Econometric methodology;
5. Expectation models;
6. Statistical properties of exchange rate series;
7. The forward rate as a predictor of the future spot rate;
8. Purchasing power and interest rate parity theories: empirical evidence;
9. Exchange rate forecasting and conclusions.