Macroeconomics: UK economy, IB Economics
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Macroeconomics: UK economy, IB Economics
A brief overview of relevant articles for IB and A-Level all relating to the UK economy
Curated by Graham Watson
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Bleak future for Crawley a year after first Covid lockdown | Business | The Guardian

Bleak future for Crawley a year after first Covid lockdown | Business | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
The town in the shadow of Gatwick airport hopes the worst of the pandemic is over but fears for its jobs
Graham Watson's insight:

The effects of the sizable negative regional multiplier that was triggered by the impact of coronavirus on the town of Crawley, as demand for aviation collapsed and many jobs were lost in both the sector and at Gatwick airport, are highlighted in this article.

 

However, you might also look at other areas of interest such as the occupational mobility of pilots and members of cabin crew, who have resorted to taking jobs in supermarkets, for example. 

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Crawley wakes up to the empty skies of the coronavirus crash | UK news | The Guardian

Crawley wakes up to the empty skies of the coronavirus crash | UK news | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
With most Gatwick flights grounded and a looming economic downturn, residents of West Sussex town fear for their jobs
Graham Watson's insight:

This Guardian piece looks at the impact of coronavirus on the town of Crawley - which is largely dependent upon the traffic through Gatwick Airport. As a result, there's likely to be a significant negative multiplier effect that affects the town and the surrounding area. 

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