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The Worksheet Calculate event will run every time the Excel has to recalculate that specific worksheet. Basically if you have a formula and one of its variable changes and the solution to the formula changes then this event will run. This can be great if you want to ensure that every time a worksheet data changes are made that you update an external document. You can also set up the external document to update on schedule.
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The Worksheet Pivot Table Update event will run code every time a pivot table within that specific worksheet is updated or refreshed. This event uses the target parameter to return the updated pivot table as an object. This allows users to edit the pivot table or read data through the use of visual basic. This event can be used to update a cell that shows when the last time the pivot table was updated.
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The Worksheet Change event will run every time a cell value or cell format changes within that specific worksheet. Users can use this event to mark any changes in yellow or change a time that marks the most recent update. This event can also be used to allow error checking and ensure that if a variable within a formula changes that the variable is not an incorrect input and that the variable will not give the formula an error.
The Worksheet Follow Hyperlink event will run every time a user selects a hyperlink within the specific workbook to follow. This event can be used on all versions of Excel. This can be useful if you want to see a list of elements of certain web page or if you want to know which pages you have visited through that specific workbook.
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