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Microeconomics Impacts of COVID-19 Pandemic: Media Analysis

Author

Listed:
  • Publishers, KMF
  • Sarwan, Jyoti
  • Sharma, Heenu
  • Narang, Jasjeet
  • Uddin, Nazim
  • Chandra Bose K, Jagadeesh

Abstract

COVID-19 known as a novel Coronavirus in entire world when first case of acute pneumonia found in Wuhan, China in 2019 with severe viral infection. Coronavirus have been still able to maintain its fear and panic among in every country and every individual. At a side where macroeconomics is dealing with whole major changes in economy and on other side microeconomy is usually tells the common attitude, behavior and perception of people in particular region for COVID-19. Before invention of vaccine for Coronavirus, communication channels, media, religious societies had shown a major role to make fear in local people’s mind and these all information had been leading the worldwide panic and critical situations. Although a survey revealed that media and all communication channels were responsible for made panic among population and situations had gone wrong. Despite following precautions and administrative orders by all individual but sufferings became worst. From recent studies it has concluded that microeconomics of World’s status in terms of COVID-19 has become negative and from past two years every firm and individual has been going through a major loss.

Suggested Citation

  • Publishers, KMF & Sarwan, Jyoti & Sharma, Heenu & Narang, Jasjeet & Uddin, Nazim & Chandra Bose K, Jagadeesh, 2021. "Microeconomics Impacts of COVID-19 Pandemic: Media Analysis," MPRA Paper 110399, University Library of Munich, Germany, revised 2021.
    • Handle: RePEc:pra:mprapa:110399
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • D0 - Microeconomics - - General
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D6 - Microeconomics - - Welfare Economics
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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