Ask an Economic Question

You are welcome to ask any questions on Economics. Though you might also like to try google custom search (top right) to see if the topic has been covered before.

I am looking to explain economic principles / ideas/ recent developments in economics. I can’t promise to answer, but will try if it meets the criteria below.

  • Please don’t ask me to do your coursework / assignment e.t.c. (I can usually tell if it is a homework question!)
  • Please don’t ask any maths calculations.
  • The question and answer will be published here where everyone can see it (including your teacher!)
  • I aim to try and simplify economics; as a rough guide I would aim at an understanding similar to a good British A Level student.
  • I am looking to explain economic principles / ideas/ recent developments in economics.
  •  I will answer as a new post, if you leave email address, I’ll usually send quick email. Check home page of blog for new post. With question and answers

Add comment at bottom of post.


1,028 thoughts on “Ask an Economic Question

  1. Can you briefly summarize how the 5 graphs of macroeconomics (Aggregate Demand/Aggregate Supply, Phillips Curve, Money Market, Loanable Funds, Foreign Exchange) relate to each other? (like if one graph shifts how does it affect the other 4?)

    1. It gives people time to find a job suitable for their qualifications. Better than getting first job that comes along. People have savings they can use to tide them over.

  2. how an indifference curve can show same level of satisfaction for a consumer keeping in mind law of diminishing MU??
    Why it is convex to origin.?
    please explain by easy practical life examples.

  3. am sorry i did not understand the meaning of the forth point among the similarities of micro and macroeconomics. can some one shade some extra light that i may understand better. am doing economics in Busitema university in Uganda and training as a teacher.

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