International Econ

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brokeryates

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Can someone who just took the June exam tell me how much of the economics portion of the test was geared toward international concepts (exchange rates, spot and forward, etc...)?
 
I had trouble understanding this stuff, so I stuck to the basics, I knew direct from indirect quotes and I could do a 3-currency forex conversion. The rest, I said "f*&# it".

In the end, I don't remember how much was on the June exam, but I don't recall being too worried about it after the exam, so it couldn't have been much. (All of ECON only accounts for 10% or so of the exam, anyways, so how much could there be?)

You gotta pick your battles, there's only so much time and so much room in your head. But the stuff you do study, study hard. And don't skip too much, or you'll be in trouble.

One other thing to remember, it doesn't end with L1 -- who knows, I may have to go back and learn this stuff for L2 anyways even if I pass L1.
 
Thanks. I'm not too concerned about the rest of the Econ since that was my major and much of the material is just review, but Intl Finance in college was a real pain. I was kinda thinking the same thing-as long as you can do currency conversions everything should be ok.
 
This year the FX stuff wasn't that bad at all, there was more of a focus on the first 2 readings in that SS, I heard Dec '05 was mroe FX geared. However L2 has more complex FX issues so I would say get the basics (that goes for all of L1, because L2 and 3 build on L1).
 
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