35 years: Macroeconomist
COVID-19 has significantly impacted the world as we know it: socially and economically. Garry explains how the UK economy should have faired in the year 2020 based on factors that emerged in 2019, excluding coronavirus.
COVID-19 has significantly impacted the world as we know it: socially and economically. Garry explains how the UK economy should have faired in the year 2020 based on factors that emerged in 2019, excluding coronavirus.
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8 mins 58 secs
The broad short-term outlook for the economy is for a continuation of recent trends. But underneath this apparent stability are some significant changes that are tilting the balance between private and public sectors, the regions of the UK, and who we trade with externally.
Key learning objectives:
Outline the three factors shaping the UK economy over 2020
Understand what these factors imply for the economy's development over 2020 and 2021
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