4 Theories of economic shutdown

Learning objectives

After reading this chapter, you will be able to:

  1. LO1 Discuss the first economic interval of the pandemic phase: shutdown.
  2. LO2 Explain why flattening the epidemic curve serves as an epidemiological goal.
  3. LO3 Analyze nonpharmaceutical interventions.
  4. LO4 Address the tradeoff between economic health and public health.
  5. LO5 Contrast theories of economic shutdown.
  6. LO6 Explain why countries should prioritize health before wealth.
  7. LO7 Determine the loss in income when laborers shelter-in-place.
  8. LO8 Analyze models of economic assistance.

Chapter outline

  • Shutdown interval
  • Flattening the epidemic curve
  • Nonpharmaceutical interventions
  • Tradeoff between health and the economy
  • Theories of economic ...

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