Micro Economics to Macro Economics: The Concept of Market Exchange Rate

For the very first time, Dr. Yomba is making available the results of his many years of study and research into the inner workings of world economy and the monetary exchange rate. Dr. Yomba brings to life what he terms the "autoregressive structure and predictability in high frequency foreign exchange rates" currently experienced within our electronic trading system as it is today. For the first time ever, Dr. Yomba attempts to help the reader discover a way to rationalize the large body of transactions data inherent within the exchange rate and our monetary exchange with existing data results generated on a daily basis. This book represents a significant and first ever attempt to analyze economic therory in the confines of the market and its continually changing exchange rate. Dr. Yomba provides a unique intellectual and coherent transition between two modeling approaches in his analysis and discovers there is no single statistical model that can be used for all purposes in determining the degree of predictability.

Dr. Yomba is a renowned expert in the field of international finance organizations, having studied and explored the constant variations and deviation in the stock exchange and interest rate exchange. He is well versed in the area of currency exchange rates, private and public investment, human capital growth and monetary policy during a banking crisis.. Dr. Simon Yomba has served around the world, teaching principles of economic concepts and theory after receiving his Ph.D. at University of Montpellier, France in the area of International Monetary Finance. His experience as a consultant in several international organizations, and a variety of major foreign corporations, many international banks in Europe and in Africa has contributed to his vast knowledge of market risk and volatility. His expertise is eagerly sought by economists and banking executives.