Readers Questions III

You are welcome to ask questions on Economics. However, due to volume of questions, I can no longer promise to answer all questions.

I will post the answer on this blog, for everyone to benefit from.

I shall try to answer the economics question and / or point to other resources but please bear in mind.

  1. The replies will be guidance and not for duplication. Your essays should be your own work.
  2. My speciality is economics for British A Level standard. My university economics is rusty in parts, because generally I don’t use it in teaching A level economics.
  3. I can’t guarantee to always give full answers it also depends on my time schedule.
  4. I will answer as a new post. Check home page of blog for new post. With question and answers
  5. Generally, I don’t answer questions, which involve mathematical calculations, they tend to be doing someone’s homework. however, I may give examples, of calculations, if I think it helps explain economics principles.

I studied PPE at Lady Margaret Hall college, Oxford University, and currently work as an Economics A Level teacher. I have also examined several different economic units for Edexcel AS and A2.

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234 thoughts on “Readers Questions III

  1. I got a question: what are the 4 factors of production, define them, and how could it relate to Supply and Demand??

  2. Please help me…
    I’ve got a question:
    “Discuss whether economic actions by individuals always result in a net benefit”

  3. i have to write an essay; a dicussion on the impacts of Australia’s monetary policy on the australian economy in the last decade
    (20 marks)

    how do i commence it, how do i go about answering the question, incorporating relevant information about the last 10 years, in an examplar essay ??

  4. Briefly explain why these statements are wrong.

    The purpose of a theory is to let you ignore the facts.
    Economics cannot be a science since it cannot conduct controlled laboratory experiments.

    People have feelings and act haphazardly. It is misguided to reduce their actions to scientific laws.

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