The Microeconomic Consequences of the Covid-19 Pandemic

IF 0.2 Q4 AREA STUDIES

Africa Review Pub Date : 2024-01-16 DOI:10.1163/09744061-bja10121

M. Altinay, F. Altınay, G. Dagli, Z. Altınay

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引用次数: 0

Abstract

The Covid-19 pandemic resulted in quarantine measures, decreased consumer and investor confidence and a loss of workforce, which adversely affected the world economy. The resultant sharp decline in world stock markets and deteriorating supply chains negatively affected businesses. Since students are the employees of the future, the aim of this study was to examine the evaluations by students of the effects of Covid-19 on the micro economy, at individual, household and company levels. There were 60 participants in the study group, all of them African students at the University of Kyrenia, who were asked to evaluate the pandemic’s effects on microeconomic units in their home countries. Students who had enrolled in microeconomics courses in various disciplines were chosen because of knowing the topic better than other students. The snowball sampling method was employed in the selection of the participants. Semi-structured interviews were held one on one and the data was analysed. The findings show that individual poverty increased by at least two times, unemployment rose as a result of the pandemic, and people, families and companies faced financial hardship.

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Covid-19 大流行病的微观经济后果

Covid-19 大流行导致检疫措施、消费者和投资者信心下降以及劳动力流失，对世界经济造成了不利影响。由此导致的世界股市暴跌和供应链恶化对企业造成了负面影响。由于学生是未来的雇员，本研究旨在从个人、家庭和公司层面考察学生对 Covid-19 对微观经济影响的评价。研究小组共有 60 名参与者，都是凯里尼亚大学的非洲学生，他们被要求评估大流行病对其祖国微观经济单位的影响。之所以选择修读各学科微观经济学课程的学生，是因为他们比其他学生更了解该主题。在挑选参与者时采用了滚雪球抽样法。研究人员进行了一对一的半结构式访谈，并对数据进行了分析。研究结果表明，个人贫困率至少增加了两倍，失业率因大流行病而上升，人们、家庭和公司都面临经济困难。

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来源期刊

Africa Review AREA STUDIES-

CiteScore

1.80

自引率

12.50%

发文量

期刊介绍： Africa Review is an interdisciplinary academic journal of the African Studies Association of India (ASA India) and focuses on theoretical, historical, literary and developmental enquiries related to African affairs. The central aim of the journal is to promote a scholarly understanding of developments and change in Africa, publishing both original scholarship on developments in individual countries as well as comparative analyses examining the wider region. The journal serves the full spectrum of social science disciplinary communities, including anthropology, archaeology, history, law, sociology, demography, development studies, economics, education, gender studies, industrial relations, literature, politics and urban studies.