Feel Free Read Britain in Depression?: A Teenager's Perspective of COVID-19's Impact on the UK Economy Kindle
The emergence of COVID-19 has plunged the world into a crisis like never before, causing severe implications on people’s health and wellbeing, but also a major decline in the global economy. ‘Britain in Depression?’ explores the economic impact of the Coronavirus on the UK economy from the perspective of a seventeen-year-old. The book’s main objective is to analyse the influence COVID-19 has had and will have on Britain’s economy, by applying a variety of economic concepts that are pertinent to the topic at hand. It aims to cover a diverse array of ideas, ranging from the classical macroeconomic theories to the more modern emergence of behavioural economics. Published towards the end of the year, it addresses the short-term effect that the pandemic has had on the economy, as well as contemplating the potential aftermath it will have in the long run.The term depression is often associated with an individual’s feelings in consequence to an event that has occurred, making them feel pessimistic and sorrowful. It also has its connotations in the field of economics, where it describes a prolonged period of recession in a market. And hence the word is fitting to describe the state of the UK’s economic climate, as people find themselves in a sentiment of unhappiness, and the economy suffers from a severe downturn that will take many a year to recover from.
