Question
the measurement of the economy has been hampered by the current pandemic. The focus should be on the process of collecting / interpreting / extrapolating
the measurement of the economy has been hampered by the current pandemic. The focus should be on the process of collecting / interpreting / extrapolating economic data (rather than on e.g. micro- or macroeconomic theories of how covid actually affects the economy).
choose one of the key economic indicators (e.g. GDP, inflation, the current account) and talk about how its measurement has been disrupted by the covid pandemic and associated measures of lockdown / social distancing. comment on how measurement of the variable was different in 2019.
At least two countries should be advanced economies (according to the IMF classifications1) and at least two should be from the (IMF's) "Emerging and Developing" or "Low- income Developing" country categories.
It is about measuring the effects of the pandemic rather than background knowledge eg pandemic is bad for the economy which is common sense, please focus on the important part, feel free to use any resources , gross, tables, anything,, thanks a lot!
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