Rutgers Newark University China Supply Chain and Covid19 Questions
Question Description
I’m working on a economics discussion question and need an explanation and answer to help me learn.
Please use the instruction to answer ONLY QUESTION 4, thank you !! Quesion 4 :Use the IS-LM model to illustrate the joint effects of global supply disruptions and of current
monetary policies on inflation in the United States. What policies do you recommend in order to
reduce inflation? To acquire the case, please go to https://hbsp.harvard.edu/product/UV8239-PDF-ENG and purchase a
copy of the case. It may be necessary to register for a free account and to access it through the
coursepack https://hbsp.harvard.edu/import/885699. Please ensure that you have the correct case. The
title should be China Supply Chain and COVID-19 exactly, and the product number should be UV8239-
PDF-ENG.
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Assignment 3
Aggregate Economic Analysis
Assignment 3
China Supply Chain and COVID-19
Aggregate Economic Analysis
Due on: November 30, 2021, 11:00am
Getting the Case
To acquire the case, please go to https://hbsp.harvard.edu/product/UV8239-PDF-ENG and purchase a
copy of the case. It may be necessary to register for a free account and to access it through the
coursepack https://hbsp.harvard.edu/import/885699. Please ensure that you have the correct case. The
title should be China Supply Chain and COVID-19 exactly, and the product number should be UV8239PDF-ENG.
Expectations
Please read the case carefully and take a close look at the charts and tables that come with the case.
Analyze the questions below based on information provided in the case as well as from additional
sources and provide a detailed explanation of your answers. Please work on the case in your group (as
registered before).
Presentation Slides and Write-Up
Please create a set of presentation slides in which you address the questions given below. The
presentation in class should be based on the slides submitted, so please make sure that the slides are
really presentable (in terms of grammar, spelling, format, …). Please provide detailed explanations of
your answers by writing an additional text that refers to the slides (this is the write-up). Probably the
best way to do this is to use the add notes to slides feature that most standard software provides.
Please answer the questions in the given order, and provide an introduction and conclusion slide.
Submit your slides and the explanatory write-up (one per team) with all relevant information included
through Canvas by using the upload function on the assignment page. The assignment will be graded
both on content (correctness of answers and quality of explanations) as well as presentation of the
contents.
Presentations
To successfully complete the case, students are required to attend the presentation session on
Wednesday, December 1. Selected teams will present their solutions in the live session, and all groups
have to attend the session and should be able to present their solution, if selected.
1
Assignment 3
Aggregate Economic Analysis
Questions
1. Compare the measures that China and the United States implemented in order to contain the
pandemic. Who did better? What was the effect on GDP in both countries?
2. The coronavirus outbreak has brought the US economy to a sudden halt due to social distancing. To
counter this negative shock, the US Federal Reserve (Fed) has launched unprecedented
expansionary monetary policies to fight against the widespread damage of this pandemic. Illustrate
the related effects on the US economy based on the IS-LM model.
3. Since its World Trade Organization (WTO) accession in 2001, China has become the Workshop of
the World, the largest exporter of manufacturing goods. A large number of countries around the
world depend on imports from China. Describe the economic implications of this dependence during
the COVID-19 crisis from the perspective of the United States.
4. Use the IS-LM model to illustrate the joint effects of global supply disruptions and of current
monetary policies on inflation in the United States. What policies do you recommend in order to
reduce inflation?
2
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Explanation & Answer:
200 words
Tags:
China supply chain
China Supply Chain and COVID19
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