You are welcome to ask questions on Economics. Due to volume of questions, I can no longer promise to answering all questions. If you pay $2 (£1) I will find time to answer your question. See here for details on donating $2. If you don’t want to pay you can still ask, and I will answer if I have time.
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.
- The replies will be guidance and not for duplication. Your essays should be your own work.
- 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.
- I can’t guarantee to always give full answers it also depends on my time schedule.
- I will answer as a new post. Check home page of blog for new post. With question and answers
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.
Related
- The first Readers Questions has had over 150 comments.
- Readers Questions II
40 comments ↓
Hi Tejvan,
it could help me if you can write a blog on
The economic performance of a UK Construction PLC will be affected by many factors, including the role of government, exchange rates and inflation. discuss
Hi,
Its prachi again……
Establishing economics as an academic discipline discuss. could you help me with this and also to some extent
can we analyse this statement as said by ofori 1994
Suppose there are two competitive markets, one with relatively elastic demand and one with relatively inelastic demand what would be the effects of a market-wide increase in marginal costs in the two market.
It’s not a good question, but i’ll ask it. Could you explain differences between R and D and innovation?
Discuss whether economic actions by individuals always result in a net benefit to society.
‘evaluate the likely economic implications of a fall in foreign direct investment for the UK economy.’
(12 marks)
‘Outline two reasons why the UK’s housing market represents a barrier to the UK’s membership of the euro’.
‘Evaluate two policies which the government might adopt to reduce the male inactivity rate’
(10 marks)
‘Evaluate three labour market factors which might explain why levels of employment have risen despite increases in the national minimum wage’.
(15 marks)
‘Using marginal productivity and other relevant economic theory, discuss the factors that will influence the demand for car workers in Germany’.
(15 marks)
this is a unit 6 edexcel question:
‘Examine the impact of the European Union’s Common Agricultural Policy on the world trade in agricultural goods’. (40 marks)
this is also a unit 6 edexcel question:
‘Evaluate the implications of a significant reduction in barriers to the trade in goods and services for the global economy’.
(60 marks)
‘Explain the concept of natural monopoly’
‘Evaluate the likely effectiveness of two policies that the German government could introduce to increase labour market flexibility’
(20 marks)
this is a unit 5 edexcel question:
‘Discuss the likely impact of trade unions on wages and employment levels’
(20 marks)
How does high inflation and high interest rates act as a constraint to economic growth?
This one is about the time arrangement for the real exam . Could you tell me for Unit 6 edexcel how should I allocate the time for essays and data response ? and for essay and data response , which one should I do first ? is there any particular order ? (with extra time 25%)
This one is about immigrants on labour market . The question is “evaluate the extent to which a greater level of net immigration to the UK may improve its labour market performance ” (by the way , what on earth is the black market and how does the immigrant have an impact on that? )
“Evaluate the agument that further measures to reduce inequality may have adverse consequences for work incentives ” (We can talk about the progressive tax which reduce the high income groups ‘ working incentives and may cause the brain drain problem ) but how can we evaluate this question ? such as not adverse effect ? or the significance of that ? Plz HELP !
Meaning of capital flight
whats micro economic polices and macro economic policies?
why is there a difference between the size of the population of working age and the size of the workforce
The three factors which can explain the wage differentials in the South East and the North ? (1,living cost 2, MRP theory , 3 ??), can I say that trade union power in the South East is more strong ? I just guess and dont know whether that is an acceptable answer ?
I just apply the theory and I am not sure whether I have to tell the truth in the eco . exams ?
What does “Capital Mobility ” mean ?
how to explain “The improved mobility of Physical and Capital mobility has enabled further gains from trade. This is because it has reduced the cost of transport and international finance. ” I always dont get that . Please help ! What does that capital include ?
If British industry was to become uncompetitive it would have the following adverse effects on the economy : one of them is a higher level of inflation . How to explain that ? Thanks^^
How does the FDI increase the UK international competitiveness ?
can you please help me with this two Unit 6 question?
Question:
(1)Examine the reasons why a country might wish to restrict imports.
(2) To what extent might the pursuit of full employment conflict with other economics objectives?
thanks.
Could you tell me what is the “static and dynamic efficiency gains from trade ” ? Thanks ^^!
I wonder what were the restrictions on the movement of financial capital when there is any ? and could you tell me what exactly does the “capital control ” mean ? Many THANKS !!
Dear Sir
I am having difficulties with answering this question on unit 6 (edexcel economics)
“Discuss the view that the Phillips Curve is irrelevant in explaining relationships between unemployment and inflation in the UK”
I do understand the concept of Phillips curve, but I feel like my knowledge is not deep enough to answer such 60 mark essay questions, not to mention the evaluation part.
I have an exam on friday, your help would be appreciated
thanks
You are the President of a company which produces and sells two products (price elasticity of demand in brackets): Widgets (-2.34) and Whatsits (- 0.36).
You are concerned with your firm’s profit levels, and want to increase total revenue if possible (assume costs are constant). What would your pricing strategy be for each of these products? Explain your decisions.
Hello , may I ask why protectionism unlikely to protect jobs in the long run ? Many thanks !
Can you please explain how would you go about carrying out an economic assessment of staging the Olympics in LOndon? Thanks
Could you explain why “crowding out is not a problem if there is unemployment resource ” ?
how could oil price possibly down?any supported theory?
Is there a model/diagram to help explain Baumol’s Cost Disease / Baumol Effect?
Thank you very much!
Please..
How does a Corp. dismiss (writedown) a huge sum ($24 billion) and still stay in bussiness?
And still pay “investors” a handsome dividend?
Is fuller Capital account converibility a good thing for country like India?
When is international trade an opportunity for workers?
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