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Summary English Tenses Guide | Economic English I | KU Leuven | 2023/24

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This resource breaks down when to use each tense and the differences between similar forms (e.g., present perfect simple vs. progressive), making it ideal for mastering business English grammar before exams.

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TENSES
Simple present
- Habitual actions
- General truths
- Permanent situations
 Bv. My father runs his own company.

Present progressive
- Temporary situations
- Trend
- Developments
 Bv. She is working for Merill Lynch

Past tense
- Definite time
- Period in the past
- Time indications: ten years ago, in 1998, last week
 He joined the bank in 1991.

Present perfect
- An event or a period that is perceived as continuing up to now
- Time indications: over the past few years, since then, so far, yet
 Consumer confidence has fallen to its lowest level in two years.

Present perfect simple vs present perfect progressive
- Simple: to stress the outcome of the actions
- Progressive: to stress the action itself
 The committee has closely monitored the economic impacts.
o They want to know what these are => the outcome
 We have been monitoring the situation very closely over the last
12 months.
o An ongoing activity => the action itself

Past perfect
- Refers to completed actions that happened before other events in
the past.
 Gasoline prices nationwide continued to ease in early August, falling
to $2.84 a gallon. Three months earlier, prices had spiked.

Often used in indirect speech when the reporting verb is in the past tense.
- Mr. Dawe added: “Turnover has risen 7.8%”
- Mr. Dawe added that turnover had risen 7.8%

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