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.
- 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
- 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
- The first Readers Questions has had over 150 comments.
- Readers Questions II
- Readers Questions III
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Compare the effectiveness of strategies to alleviate poverty.
Hi i was wandering if you could answer these questions?
How does the recession impact:
1) Savings
2)consumption
3)investment
4)goverment spending
5)aggregate demand
Thank You
what role does cost push inflation and demand pull inflation play when hype rinflation occurs?
in recent years the bank of englands moetary policy committee has raised interest rates to dampeninflationary pressures in the uk economy. How might increased interest rates adversely affect firms, especially in the construction industry ?
what factors affect consumer expenditure???
why is smoking an external cost?
what can we do to curb the hyperinflationary environment in Zimbabwe?Need practical solutions from those who understand the Zimbabwean economy.
Hi, i’m actually in uni, but i thought i’d ask you for help since you were so helpful for my a levels. anyway, i was wondering if you could explain to me the Chamberlain model (specifically the Hotelling’s location model). I have searched all over and the only notes i found were very brief, or very confusing and complicated…
also, i would very much appreciate it if you could help me with this question;
Suppose that a plot of land is suitable only for agriculture. Can it be true that the farming industry will experience financial distress if there is an increase in the price of that plot of land? how would your answer be affected if the land could also be used for housing?
(i know that its somthing to do with rents and transfer earnings but not exactly sure – is it that when land is only suitable for farming,as land is fixed and has no alternative use, its supply will be perfectly inelastic, so any price it receives will be economic rent. thus farming industry wont be in distress coz land is fixed so even if price increases supply curve does not shift, as it does not have to compete with any other industry for this land. on the other hand, if land can be used for housing also, supply will now be more elastic, with money recieved divided into economic rent and tranfer earnings. if price of plot of land increases, supply curve will shift up as transfer earnings will now increase. so farming community faces less land and higher factor prices…?)
Comparing relative poverty in UK to absoulte poverty in Uganda.
discuss the economic problems that might arise from large numbers of people falling behind with their mortgage repayments and evaluate policies which a government could adopt in response.
Hi there i just wondered if there was any chance you will be able to answer the following question.
Explain the effects of an unexpected increase in Consumers’ Expenditure on GNP in an open economy with a government sector, using both Keynesian cross and 45 degree diagrams. (60 Marks)
Then explain the effect of the GNP change on
(i) the budget balance (20 Marks)
(ii) the trade balance (20 Marks)
In the answer i am meant to explain the process by which the economy moves to a new equilibrium, including the multiplier and use diagrams wherever possible and explain them fully. Aslo to explain some key macroeconomic mechanisms. Use diagrams based on the simple Keynesian model.
Thank you for your time and help.
Hi there i just wondered if there was any chance you will be able to answer the following question.
Explain the effects of an unexpected increase in Consumers’ Expenditure on GNP in an open economy with a government sector, using both Keynesian cross and 45 degree diagrams.
Then explain the effect of the GNP change on
(i) the budget balance
(ii) the trade balance
In the answer i am meant to explain the process by which the economy moves to a new equilibrium, including the multiplier and use diagrams wherever possible and explain them fully. Aslo to explain some key macroeconomic mechanisms. Use diagrams based on the simple Keynesian model.
Thank you for your time and help.
The federal gov. requires that all US cars use some form of ethanol fuels from corn………so what effect will that have on Beef? Price increase first, or Price decreased first, or demand increase first, or Supply increase first or supply decreased first?
1.What are the factors that inflence the demand of housing in general.
2. what are the factors of production that are necessary in the production of construction goods and services
Q) evaluate the view that ‘trade-offs will be required over the period of the cycle’?
What does this mean? any pointers? things i need to include? what shall I talk about? etc.