I am teaching aspects of the European single currency this week, naturally there are many charts that tell important stories about the macro challenges facing countries inside the euro area. I have made a file of charts available for download and I hope this might be of help to teachers covering the Euro for Unit 4 macro. See the link below:

Euro Area Macro Situation

Indicator

2008

2009

2010

2011

2012

This data covers all seventeen nations inside the Euro Area

Individual macro indicators for each country will be different

Real GDP (% change)

0.3

-4.3

1.9

1.5

-0.4

Consumer spending (% change)

0.4

-0.9

0.9

0.1

-1.0

Capital investment (% change)

-1.6

-12.7

-0.3

1.6

-3.6

Output gap (percentage of potential GDP)

1.9

-3.6

-2.7

-2.2

-3.7

Unemployment rate (percentage of labour force)

7.4

9.4

9.9

10.0

11.1

Fiscal Balance (percentage of GDP)

-2.1

-6.3

-6.2

-4.1

-3.3

Short-term interest rate (per cent per annum)

4.6

1.2

0.8

1.4

0.6

Consumer price inflation (per cent)

3.3

0.3

1.6

2.7

2.4

Source: OECD World Economic Outlook, accessed December 2012

File: European_Monetary_Union.docx (word file, 370kb)

Rescue funds announced


Time to be positive about Europe

Featured

The UK Economy in 2015 Revision Guide

This new full colour 28 page revision guide by tutor2u's Geoff Riley provides all AS & A2 Economics students with a data and chart-rich summary of the key issues facing the UK Economy in 2015.

£4.00

Teaching & learning products

Edexcel AS Economics Worked Answers (2014)

Exemplar A Grade answers, with Examiner commentary, to the Edexcel AS Economics Unit 1 and Unit 2 exam papers sat in summer 2014

£5.00

AQA A2 Economics Worked Answers (2014)

Exemplar A Grade answers to the ECON3 and ECON4 exam papers sat in June 2014

£5.00