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Microeconomic Impacts of COVID-19 Pandemic: A Conceptual Review

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  • Publishers, KMF
  • Saha, Bijoya

Abstract

The emergence of coronavirus disease (COVID-19) on the global public health scene has led to growing concerns and uncertainties. The COVID-19 pandemic has created both a medical crisis and an economic crisis. As others have noted, I face challenges just as big as those in the Spanish Flu Pandemic and the Great Depression—all at once. The tasks facing policy-makers are extraordinary. Many new kinds of intervention are urgently required. This issue of the Center for Academic & Professional Career Development and Research (CAPCDR) has two objectives. The first is to explore these new interventions: evaluating their use, suggesting how they might be improved, and proposing alternatives. The second is to show that the challenges facing us are global and will require international cooperation if they are to be dealt with effectively. This short introductory essay positions the papers in the issue within an overall conceptual framework, with the aim of telling an overarching story about the pandemic.

Suggested Citation

  • Publishers, KMF & Saha, Bijoya, 2021. "Microeconomic Impacts of COVID-19 Pandemic: A Conceptual Review," MPRA Paper 110440, University Library of Munich, Germany, revised 2021.
  • Handle: RePEc:pra:mprapa:110440
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    File URL: https://mpra.ub.uni-muenchen.de/110440/1/MPRA_paper_110440.pdf
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    References listed on IDEAS

    as
    1. Bohlmann, H.R. & Van Heerden, J.H. & Dixon, P.B. & Rimmer, M.T., 2015. "The impact of the 2014 platinum mining strike in South Africa: An economy-wide analysis," Economic Modelling, Elsevier, vol. 51(C), pages 403-411.
    2. R. Andres Castaneda Aguilar & Christoph Lakner & Espen Beer Prydz & Jorge Soler Lopez & Ruoxuan Wu & Qinghua Zhao, 2019. "Estimating Global Poverty in Stata: The povcalnet command," Global Poverty Monitoring Technical Note Series 9, The World Bank.
    3. Anthony J. Culyer, 2005. "The Dictionary of Health Economics," Books, Edward Elgar Publishing, number 2934.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    COVID-19; epidemic; health; welfare; macroeconomics; international; labor policy;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D2 - Microeconomics - - Production and Organizations
    • D3 - Microeconomics - - Distribution
    • D4 - Microeconomics - - Market Structure, Pricing, and Design

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