In the News
Economic Shocks - How shocks have hit growth in South Asia
19th October 2022
This World Bank clip looks at the resilience of the South Asian economy in the wake of a series of recent shocks - floods in Pakistan, the economic crisis in Sri Lanka and the war in the Ukraine. The net result has been to see the World Bank downgrade regional growth to 5.8%.
Consider how you might use aggregate demand and aggregate supply analysis to help model the consequences of these shocks on one or more countries of your choice.
- Economics
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- In the News
- External Shocks
- Supply shock
- Demand Shocks
- Supply shocks (aggregate supply)
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
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