Understanding Current Account in Balance of Payments

Categories: Economics
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About Course

  1. What is meant by Current Account in Balance of Payments?
  2. What are the essential ingredients of Current account in balance of payments?
  3. What is meant by visible items and invisible items?
  4. What is the meaning of unilateral transfers?
  5. How can we calculate the current account balance in Balance of Payments?
  6. What is meant by Surplus current account?
  7. What is meant by Deficit current account?
  8. What are the three different situations which can arise in respect of current account balance in balance of payments?

What Will You Learn?

  • 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 Content

Understanding Current Account in Balance of Payments

  • Introduction
    03:05
  • Current Account in Balance of Payments
    08:00
  • Essential ingredients of Current Account in Balance of Payments
    11:57
  • Calculating the Current Account Surplus/Deficit
    17:47
  • Surplus and Deficit current account
    16:44
  • Three situations in respect of Current account balance
    10:09

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