Weve only covered a limited certain topics in economics thus far which can be applied to the essay. I have placed a pdf copy of our powerpoint slides so you can see what we have covered thus far. And not add in theory that we have not yet learnt(however you dont need to include everything Weve learnt it just a guide). It will also show you what type of economics graphs graphs weve Done. I have included my textbook chapter one as it has graphs that you might want and information for paragraphs 1 and 2 on gdp and more importantly hockey stick growth(this chapter will count as a source in the essay). Ive included readings/sources down below as well as a powerpoint slide which goes over what each paragraph should include and what readings and pages can be used as reference so that you dont need to read through the every page of the sources(for some paragraphs such as paragraph 4, extra sources may be required, which i will try give some recommendations on). Please note that we were told that we will get more marks if we pay special attention to developing countries (i would like south africa-NB- and tanzania to be included in the developing countries as this is my country of focus), but still include developed countries such as USA.
In answering this question make sure to answer the questions below:
Define economic growth and explain how it is measured?
Define hockey stick growth and explain how some countries achieved this?
Describe and discuss the measures put in places by the governments to stop the spread of COVID-19.
Discuss, if any, the impact of COVID-19 on developed and developing countries economic growth (Hint:
you may want to compare the economic growth rates of countries who had a high number of COVID-19
cases to the economic growth rates of countries that had a low number of COVID-19 cases).
Lastly, discuss whether you think that this COVID-19 pandemic has affected developing countries economic
growth along the hockey stick trajectory?
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