Includes Index

1. Investigation and recognition
2. The pandemic phase: shutdown, recession, and recovery
3. Economic analysis of pandemic outcomes

Pandemic Economics applies economic theory to the Covid-19 era, exploring the micro and macro dimensions of the pre-pandemic, pandemic and post-pandemic phases. Using core economic tools such as marginal analysis, cost-benefit analysis and opportunity cost, this book explores the breadth of economic outcomes from the pandemic. It shows that a trade-off between public health and economic health led to widespread problems, including virus infections and under-employment. Taking an international and comparative approach, the book shows that because countries implemented different economic policies, interventions and timelines during the crisis, outcomes varied with respect to the extent of recession, process of recovery, availability of medical equipment, public health and additional waves of the virus. Pedagogical features are weaved throughout the text, including country case studies, key terms, suggested further reading, and discussion questions for solo or group study. On top of this, the book offers online supplements comprising PowerPoint slides, test questions, extra case studies and an instructor guide