During the current COVID-19 pandemic many countries have imposed quarantine on their populations in order to limit/ stop the spread of the disease and avoid overload on the health system. While these measures are justified from the health perspective, they have major economic consequences. In this you are asked to analyse different economic aspects related to the COVID-19 pandemic.

Analyse the effects of the COVID-19 pandemic on investment and trade (exports and imports, in particular).Refer to the theories studied in the course.Provide some examples from India.Do you think investment and trade will also be affected after the pandemic is over?Explain.

Governments in many countries introduced various policies and mechanisms to assist their economies during quarantine.Analyse the measures introduced in India.Do you think they are effective in assisting the economy?How do these measures affect the budget and debt position of the government? Discuss whether they are sustainable.