kindly solve or guidance on how to solve the COI (cost of life analysis)

Namibia

Due date: Wednesday 21st October 2020 A COUNTRY CASE STUDY ON ESTIMATING THE ECONOMIC VALUE OF HUMAN LIFE LOSSES DUE TO COVID-19 Background Since its outbreak in early 2020, the COVID-19 has spread in all countries on the African continent and infected and killed many people. In addition to its health impact, the pandemic has devastated economies on the continent. One of the mechanisms through which major public health epidemics affect economies is through lost economic output due to premature mortality, morbidity and other channels. However, the focus in this study is on the cost of lives lost. In this case study you have been asked to undertake a cost-of-illness study to estimate the economic cost of lives lost due to COVID-19. Using the COI approach, estimate the economic cost of human life lost due to COVID-19 in your country. Outline the channels through which COVID-19 has affected economies in your country. Due date: Wednesday 21st October 2020 A COUNTRY CASE STUDY ON ESTIMATING THE ECONOMIC VALUE OF HUMAN LIFE LOSSES DUE TO COVID-19 Background Since its outbreak in early 2020, the COVID-19 has spread in all countries on the African continent and infected and killed many people. In addition to its health impact, the pandemic has devastated economies on the continent. One of the mechanisms through which major public health epidemics affect economies is through lost economic output due to premature mortality, morbidity and other channels. However, the focus in this study is on the cost of lives lost. In this case study you have been asked to undertake a cost-of-illness study to estimate the economic cost of lives lost due to COVID-19. Using the COI approach, estimate the economic cost of human life lost due to COVID-19 in your country. Outline the channels through which COVID-19 has affected economies in your country. . . (c) Potential years of life lost per deceased person in age group 0-9 years: 60 years; 10-19 years: 50 years; 20-29 years: 40 years; 30-39 years: 30 years; 40-49 years: 20 years; 50-59 years: 10 years; 60 & older years: 5 years. . . Some other important information: Use data on COVID-19 deaths for your country from worldometer.com as at September 30. Use the appropriate GDP per capita of your country as a measure of economic value Use average life expectancy to calculate years lost Use any other data from your country from official sources Apply a discount rate of 3% to discount future years of life lost