Impact of changes of exchange rates (Student-led)

This lesson resource allows students to understand how changes in real exchange rates will have an impact upon their own economy.

Its a differentiated kinesthetic task:

• Students are first given different countries to which they have certain imports and exports.
• Students then either research or are given exchange rate info (included from 2015 - 2017) in the powerpoint (pre and post BREXIT)
• Students then calculate the changes in their import costs in their own currency and what their export prices would be in other countries so they can work out their countries competitiveness.
• This then allows students to understand numerically how minor changes in exchange rates can affect imports costs and export prices.

A great resources that I always use to gain 100% student understanding.

It also allows for differentiation as lower ability students are given the UK as their country.

The purchase contains: Lesson plan, Powerpoint, Student worksheet and country cut outs and imports / exports.