Readers Questions IV

by

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.

Related

If I answer your question, and you find it helpful, a donation is appreciated here for details on donating $2.

276 thoughts on “Readers Questions IV”

  3. would you be kind enough to answer me what the economic instability is.I know the meaning of economic stability. as I understood when we call an economy is stable when we have low inflation, low unemployment and sustainable growth. my question is whether economic instability means high and fluctuated inflation ,employment and unsustainable growth or has other definition?

  4. i need a model answer in why labour supply is unresponsive to wage rates and taxes. which includes a diagram. I NEED HELP ASAP. THANKS

  7. hi,
    i am having trouble understanding the circular flow of economics. Could you explain it in simple terms, like how is it involved in my life, I dont get the connection to the product and factor markets

  8. hey could u pls tell
    Q1) why most of indians go to bed without food?
    Q2)why there is no direct relation between income and wealth in India?

  9. I have a following question:

    How recession impact on an economy, especially unemployment, economic growth, inflation? And the solution to these issues?

  10. Hi,
    I would like to know how to answer the following qu.
    – A firm is currently making supernormal profits. What is the likely impact on the firms output and profit following an increase in wage rate?

    – A profit maximizing firm with constant AC experiences a decrease in demand. Other things remaining equal, what is the likely impact on the firms output, profit and price?

  14. Hello, I just have a basic question to ask for my self interest:

    Is a free market in the short run always in equilibrium i.e. Output = Planned Aggregate Expenditure or Injections = Withdrawals?

    Or is it usually in disequilibrium? i.e. Y > PAE and I > W vice versa. This confused me because it seems that the economy is always either growing or contracting and if the economy is in equilibrium it means the economy is stagnant? It seems as if an economy in short run equilibrium using the Keynesian model wouldn’t be an ideal situation compared to a small expansionary disequilibrium

Comments are closed.

Continue Shopping →
Item added to cart.
0 items - £0.00
Checkout