1. Simplifying Global Economics, Business, and Finance edunomics.club edunomicsclub@gmail.com

2. Game Plan Review what we learned last class Talk about the Stock Market MarketWatch Game

3. Last Class Foreign Exchange Market

4. Review- Foreign Exchange Market Market of international currencies Exchange rates- prices at which currencies trade Appreciation- currency becomes more valuable in terms of other currencies Depreciation- currency becomes less valuable in terms of other currencies

5. Inflation General level of prices of goods and services rising

6. Stock Market Where shares of companies are traded Provides companies money in exchange for ownership Stock market basics

7. Market Terms S&P 500- 500 companies with large market caps Nasdaq- American/Canadian stock exchange New York Stock Exchange- largest stock exchange Dow Jones Industrial Average- tracks 30 large public companies

8. Initial Public Offering Taking shares public Capital expansion Visa (3/18/2008)- $17.9 billion

9. Transactions Buy Short sell

10. Options Calls Puts

11. Importance of Stock Market Raising capital for business Measurement of economy health Bearish vs bullish Creating opportunities for small investors

12. MarketWatch http://www.marketwatch.com/game/edunomics-eagle- ridge http://www.marketwatch.com/game/edunomics-eagle- ridge Password: edunomics

13. Next Class Review what we learned today Talk about Stock Market more

14. Contact Email: edunomicsclub@gmail.comedunomicsclub@gmail.com Website: edunomics.clubedunomics.club