A paper, consisting of between 1200 and 1500 typewritten words, The paper should contain the following:

- It is essential to reference all direct quotations and even when paraphrasing you should acknowledge your sources. APAformat is preferred for references.

-Bibliography. You should include at least three sources which are books or articles from scholarly journals. Websites (other than online scholarly journals) and newspaper articles may be used to supplement these three major sources but should not be relied upon exclusively. You should never cite Wikipedia or my lectures as a source, though you may make use of them to find published sources.

The following factors will be taken into account in grading the assignment:

1. Presentation - style, grammar.

2. Quality of research.

3. Logical development of the material.

4. Quality of analysis.

TOPICS: Write a paper on one of the following topics:

Describe the likely short-run and long-run economic consequences of EITHER

(a) The COVID-19 pandemic and the associated lockdowns

OR

(b) Climate change.

In each case suggest and discuss appropriate economic policies to deal with these consequences, indicating how effective the policies are likely to be and how quickly they are likely to work.