Economics of the Crisis - Policies to avoid a Depression [Head Start in A-Level Economics]
- AS, A-Level, IB
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 12 May 2020
In this third lesson on aspects of the crisis, we have a series of videos covering how a recession can become a depression and whether fiscal and monetary stimulus policies will be enough to prevent a severe downturn.
Try this Kahoot! quiz on macroeconomic policies to help avoid an economic depression. Click here to access the quiz.
In this first video of lesson 3, we look at the risk of a depression for some economies as a result of the crisis.
In this video we look at how five waves can cause an economic downturn to become an economic depression
In this third video of this session, we think about some of the key ideas from Keynesian economics.
In this fourth video in this session we look at some of the measures introduced by the government and the Bank of England to help avoid a deep and lengthy economic depression.
Suggestions for further reading and watching
Financial Times: Global economy set for sharpest reversal since Great Depression