Answer these two economic questions with originality and precision.
1. What is a key challenge or opportunity presented by the COVID-19 pandemic and its consequences?
Short answers (no more than 300 words). Your answer might capture a seemingly simple detail of public or private sector practice that you think doesnt make sense or could be made much better. Or it could describe a big change in how we could live or are living our lives, or how our economy or society works. You dont have to have a solution: sometimes just identifying a problem or opportunity is an important insight in its own right. As such, we you need to be innovative, surprising, or incisive identification of a challenge or opportunity created by the current crisis.
2. In the case of a problem, how might we fix it? In the case of an opportunity, how do we capitalize on it? Plus a heading for the question
(No more than 1000 words). This could be a solution to a challenge you have identified, or it could be an idea in response to the challenges identified by others. Your idea might be a quick plan for a fix of a frustrating but ubiquitous piece of bureaucracy, or a process linked to handling the current response to coronavirus. It could be an idea for a better way of getting the economy back on its feet faster or reducing the social or economic impact on a group or sector. Or perhaps it is an idea you have had for a while for improving our society, or environment, and that you thinks time has finally come. As students, your ideas need to generate originality, practicality, and impact of ideas.