This taster session will examine the macroeconomic impact of Covid-19, focusing on two aspects. First, we will look at the fundamental economic concepts of GDP and economic growth in the context of the current pandemic. Second, we will discuss potential economic policy responses by the state, such as the furlough scheme and the idea of a universal basic income.
Vangelis Chiotis is a teaching fellow at the Centre for Open Learning. He holds a PhD in Politics, Economics and Philosophy for a thesis on moral contractarianism and is a Senior Fellow of the Higher Education Academy. Over the past ten years he has taught economics, political economy, politics and social science. His research interests revolve around three themes: Social contract theory, theories of justice and social conventions; the bi-directional interaction between individual agency and social structures; the efficiency and morality of social institutions.