Reacting to the pandemic

It is interesting to examine what has happened to consumer spending over the past year. As we economists would predict, the impact is not even across the country or across industries.

You could look at the data with your Year 10 students (or next year with your Year 11 students).

Here are two great recent sources:

Illion/AlphaBeta’s COVID19 ECONOMIC IMPACT - REAL TIME TRACKING

Great analysis (and interesting graphics used in the first chart/graph) in this Greg Jericho article from the Guardian Australia (8 December 2020)