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The Economics of Pandemics - Session Replay

Session Replay:

For registered participants who are unable to make the live YouTube lecture and Q&A sessions due to different time zones, the recordings will be made available on this page for 48 hrs after each session ends for you to watch at your own convenience. These recordings will also be available in an alternative format for those countries unable to access YouTube.

Lecture topics

Wednesday 8th July 2020 – Topic 1: The Problem, The Science, and The Main Issues

This session is now unavailable.

Wednesday 15th July 2020 - Topic 2: Insights from Behavioural Science and Nudge Theory

This session is now unavailable.

Wednesday 22nd July 2020 - Topic 3: Encouraging Cooperation and Solving Coordination Problems
This session is now unavailable.

Wednesday 29th July 2020 - Topic 4: Lockdowns and Livelihoods

Lecture Slides: Click here to Open PDF

Lecture Link: YouTube
Q&A Link: YouTube

Lecture Series Further Reading:

If you have any queries please email:

Introduction to the course

Evidence suggests that the likelihood of pandemics has significantly increased over the past decade due to several economic and environmental factors such as increased mobility of people, global integrated supply chains and greater exploitation of nature. As we currently live through an ongoing pandemic in the form of COVID-19, we are faced with several pressing questions -

  • Just how effective are the current policy actions and what are their long term implications?
  • What is the trade-off between lockdowns and livelihoods?
  • How can we incentivise people to change their behaviour for their own/society‚Äôs safety?

This course takes a look at several of these aspects. Key topics that will be covered include:

  • Behavioural Economics and Behavioural Science. Various (cognitive) biases. Nudge theory. Policy implications.
  • Strategic Decision-Making and Coordination Problems. Social distancing measures and lockdowns. The Public Health approach: Coordination amongst different agencies within a country, and that amongst countries.
  • Economic and Social Cost Benefit Analysis. The trade-offs between lockdowns (to help save lives from Covid-19) and livelihoods, income and the economy.