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Pandemic Economics

Pandemic Economics

Hardcover

Economics

Currently unavailable to order

ISBN10: 0367679779
ISBN13: 9780367679774
Publisher: Routledge
Published: Jul 28 2021
Pages: 320
Language: English

Pandemic Economics applies economic theory to the Covid-19 era, exploring the micro and macro dimensions of the pre-pandemic, pandemic, and post-pandemic phases.

Using core economic tools such as marginal analysis, cost-benefit analysis, and opportunity cost, this book explores the breadth of economic outcomes from the pandemic. It shows that a tradeoff between public health and economic health led to widespread problems, including virus infections and unemployment. Taking an international and comparative approach, the book shows that because countries implemented different economic policies, interventions, and timelines during the crisis, outcomes varied with respect to the extent of recession, process of recovery, availability of medical equipment, public health, and additional waves of the virus.

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Economics