University | National University of Singapore (NUS) |
Subject | Principles of Economics |
Assignment Overview:
Focus on the economic impact of COVID-19 on your chosen industry.
1. number of job losses in your chosen industry.
2. revenue or sales loss in your chosen industry
3. profits loss or costs incurred in your chosen industry
4. spillover effects of the loss in your chosen industry to other industry Finally, if you need to bulk up your essay, then talk a little bit about the social or psychological costs in your chosen industry.
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Group Assignment Brief
Title: A study on the impact of the Covid-19 pandemic on the ___ industry. (write in your chosen industry.)
The outbreak of the COVID-19 coronavirus pandemic which became publicly recognized in end-January 2020 has affected many economies worldwide.
The pandemic has had far-reaching consequences beyond the spread of the disease itself and efforts to quarantine it. As the SARS-CoV-2 virus has spread around the globe. The pandemic caused the largest global recession in history. Needless to say, so many industries are affected by this and many are struggling to recover.
Your group is required to conduct research and prepare a report on ONE (1) industry and analyze the impact of the pandemic on the industry.
Some industries you can study are:
- Manufacturing industry
- Tourism industry
- Food and beverage industry
- Airline industry.
- Support your evaluation with researched evidence.
- More marks will be awarded for reports which provide more detailed discussion and in-depth analysis.
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