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ECON1010: Macroeconomic Impacts of Coronavirus Pandemic - Economics Assignment Help
ASSIGNMENT TASK: 1. Overview Although our economy has managed the 2007/08 global financial crisis (GFC), many economists predict that the current pandemic (COVID-19) could cause a recession in UK. It has already caused upheaval in many sectors of the UK economy, including disrupted supply chains and the unusual consumer behaviours (yes, I am talking about the toilet papers!).
Analysis: Experts are responsible for analysing the economic scenario (eg, depicting the likely impact of the policy on the economy) using the specialised knowledge and the technical expertise in the discipline. • Communication skills: Experts must communicate their findings and recommendations effectively to the decision-makers in government – ministers, senior public servants – as an independent/third party observer.
There will be three parts to this assignment: • Part A: Diagnostics (macroeconomics data interpretations)Task: You assess the current situation of the economy using macroeconomic data and make a diagnostic analysis of the economy. • Part B: Policy brief report Task: you are asked to provide an economic analysis of economic policies to combat with economic impacts of COVID-19 in the form of the policy brief. Policybriefs aim to be practical and well-researched to make it useful and worthwhile for your clientele.
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