The Marshall-Lerner Condition

Here are two videos from Jason Welker which give an indepth look at the theory of the Marshall-Lerner Condition and the J Curve; topics that we are looking at within the [HL] International Economics part of the spec. Likely to appear on the P2 summer 2012 - who knows.

My students have struggled with the BoP/PPP topic but using lots of you tube clips, including some from Phil Holden [on the current account and also the workings of the Exchange Rate to help solve the current account deficit ] as always, help with their understanding.