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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i need help in understanding what are the limitations to efficiency………please n thank you in advance.
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
hi i would like you to give me four advantages and disadvatges of full employment in economics?
thank you
Discuss whether a mixed economy is the best way for a country to deal with the basic economic problem….
hi i just want to ask
how the distribution of income has changed in the past 20 years or so
thanks
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?