The Euro and the ECB Economics 2011-2012.

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Presentation transcript:

The Euro and the ECB Economics 2011-2012

Why use the Euro? Many tourists/citizens use the Euro. This was not always the case.

Why use the Euro? What if the US states each had its own currency? Discuss. Positives of using the Dollar in all 50 States….

Why use the Euro? Negatives of using the Dollar in all 50 States….

Why use the Euro? Read pages 10-17 in the article, One Currency for One Europe.

Why use the Euro? Get in groups and answer the questions on a separate sheet of paper.

One Currency for One Europe What is an EMU? Explain.

One Currency for One Europe What is the ECB and what is its main goal?

One Currency for One Europe Can any country adopt the Euro? What must a country gain Euro status?

One Currency for One Europe Since 2002, other countries have adopted the Euro. Explain the two scenarios for adoption.

One Currency for One Europe

One Currency for One Europe Explain two reasons why the Euro is good for the consumer.

One Currency for One Europe Explain two reasons why the Euro is good for a nation.

The Euro and the ECB http://ec.europa.eu/economy_finance/publications/publication6730_en.pdf Microsoft PowerPoint Clip Art