Economics

The assignment title is:
“Asses the most important macroeconomic impact(s) of the covid-19 pandemic”

I need an extremely technical macroeconomic analysis of the current state of the coronavirus (Covid-19) on the world economy. I want you to look at how certain countries have reacted, and mention that not every country is affected equally (this could be done in two sentences). I want you to use OECD and other government accredited sources, as well Wall Street Journal, Financial Times, Bloomberg… basically very accredited economic sources. I want you to look at how rational choice theory will be affected… as I mentioned before, quite technical and really ANALYSING. The class is a second year economics class and is titled Economic Theory and Application.

Some things to consider:
How governments reacted, with QE in the USA, shifts in demand and supply, different market failure and specific industry-wide bankruptcies, affects this may have on income distribution and inequality, as well as a broader problem of unemployment, speak about inflation, deflation, and monetary policy, how this may create another bubble & crash and how governments are taking measures to mitigate this from happening (touch upon debt and increases in government debt), and fiscal policy.

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