‘’What are the macroeconomic effects of covid-19 pandemic? Are they more pronounced in Western countries? Discuss. Your answer should make use of models studied in the module.’’
Description
use file named ‘covid effects on macro reading’. This reading answers the question very well starting from page 255 (Chapter 12). Basically, it is needed to paraphrase that reading.
There you will find ‘models studied in the module’, which are ISLM, Phillip’s curve, liquidity trap, QE.
