4 Theories of economic shutdown
Learning objectives
After reading this chapter, you will be able to:
- LO1 Discuss the first economic interval of the pandemic phase: shutdown.
- LO2 Explain why flattening the epidemic curve serves as an epidemiological goal.
- LO3 Analyze nonpharmaceutical interventions.
- LO4 Address the tradeoff between economic health and public health.
- LO5 Contrast theories of economic shutdown.
- LO6 Explain why countries should prioritize health before wealth.
- LO7 Determine the loss in income when laborers shelter-in-place.
- 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 ...