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Diploma in Higher Education Studies

Reading economic data

HES 202 · Introductory Economics — Week 11 of 16

CourseHES 202
Week11 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Reading economic data

  1. Finding a country’s figures
  2. Comparing over time

What you will be able to do

  • 3.2 Interpret published economic indicators for a chosen country.

Activity

Present the GDP, inflation and unemployment figures of one country.

Study materials

Further resources

  • Key figures on Europe – 2025 edition, Economy and finance: GDP, growth, inflation · PDF · Eurostat (2025), one country's figures over time; pp. 36–41 · for registered students
  • Key figures on Europe – 2025 edition, Labour market: employment and unemployment · PDF · Eurostat (2025); pp. 21–27 · for registered students
  • Principles of Economics 3e, ch. 19.4: Comparing GDP among countries · PDF · OpenStax (2022); pp. 466–467 · for registered students
  • Consumer Sentiment, the Economy, and the News Media · Open-access article · Doms and Morin (2004), Federal Reserve Bank of San Francisco Working Paper. Shows how the tone and volume of economic news shape what consumers expect. · for registered students
  • What Does the Public Know about Economic Policy, and How Does It Know It? · Open-access article · Blinder and Krueger (2004), Brookings Papers on Economic Activity. Survey of where people get economic news and how well they understand it. · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
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Course plan
  • Week 1: What is economics? Scarcity and choice
  • Week 2: Demand: how buyers behave
  • Week 3: Supply: how sellers behave
  • Week 4: Market equilibrium
  • Week 5: When demand or supply changes
  • Week 6: Price elasticity of demand
  • Week 7: Calculating elasticity
  • Midterm: Midterm evaluation
  • Week 9: Measuring the economy: GDP
  • Week 10: Inflation and unemployment
  • Week 11: Reading economic data
  • Week 12: Perfect competition
  • Week 13: Monopoly
  • Week 14: Markets in real life
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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