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.
Pedagogical features are weaved throughout the text, including
country case studies, key terms, suggested further reading, and
discussion questions for solo or group study. On top of this, the
book offers online supplements comprising PowerPoint slides, test
questions, extra case studies, and an instructor guide. This
textbook will be a valuable resource for advanced undergraduate and
postgraduate courses on pandemic economics, macroeconomics, health
economics, public policy, and related areas.
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