The Covid-19 is still around us globally and it placed harsh impacts on the society. We hope that the virus will fade away soon - as in the past cases of SARS and MERS; however scientists are still discovering about the virus and its variants and finding ways to cope scientifically for any future variants. In the meantime news about the shocks to the economy are still on the news everyday.

TASKS:

1) Out of the twelve economic principles we learn this week, choose 5 (five) and linked each of them to the economic impacts of Covid (for yourself, or household, or neighborhood, or the society) and describe each one of them in a few sentences.

2) The government policies/guidelines/actions have been in place so far. Write two economic-related policies that work, and two other economic-related policies that do not work, according to your observations and opinions.

3) Thinking forward, give your own (two) recommendations about what to do (that relates to Economics) - at the present situation and the future to prevent similar situation.