MST Format Guide
MST Format Guide
Instructions
SUMMARY OF QUESTIONS
The end
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Formulae
Appreciation/ Depreciations
1
𝑆̇(y/x)= −1
1+𝑆̇(x/y)
𝑆 (y/x)
𝑆̇(y/x)= 1 −1
𝑆0 (y/x)
Conversion Rules
1
Sb ( y / x ) =
Sa ( x / y )
1
Sa ( y / x) =
Sb ( x / y )
Cross Exchange Rates
S ( x / z)
S ( x / y) =
S ( y / z)
Sa ( x / z )
Sa ( x / y ) =
Sb ( y / z )
Sb ( x / z )
Sb ( x / y ) =
Sa ( y / z )
Demand Side Equations
Sf = Px* Qx
Px
Px* =
S
𝑆𝑏 +𝑆𝑎
Mid rates =
2
( Please note that students are not limited to only this formula given – Please ensure you cross
check again your notes )