1.The Impacts of the COVID-19 Shocks (2 Pg) -New Zealand Economy Specific

Use economic models and theories covered (e.g. AD-AS model, neoclassical growth model, etc) to explain how the pandemic affects the demand and supply side of the economy

Tips Given :

You could discuss how the government's non-economic responses to the pandemic (e.g. social distancing, closing the borders) and how it affects the economy.

You could contrast the economic effects of different shocks (COVID-19 vs GFC/Brexit) by comparing the growth rate of different indicators (growth, GDP growth, unemployment, etc) at the 'peak' of the crisis