You are welcome to ask questions on Economics.
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 always 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 answers it also depends on my time schedule.
- The aim is not to do people’s homework for them, but, help in the understanding of economic concepts.
- The answers will not necessarily be complete. I know several of my essays on this site could be improved.
- Please Write the Questions clearly and with proper spelling. Some questions I have not answered because they were not clear what was meant.
- 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.
If you find the information useful, you are welcome to buy me a coffee 🙂
Perfect competition, monopoly, monopolistic competition, oligopoly are types of market structures considered in economic analysis which of those types would you relate to following market:
I. Food grains: rice and wheat
II. Stock market
III. Market for bus transport in New Delhi
IV. Petrol
V. Confectionery
VI. Market for liquor in Goa
VII. Fireworks
VIII. Branded fast food in Mumbai
Discuss Global Economic Crisis-2009 and its aftermath.
How does economic slowdown affect market demand?
q1=1000-200p ,q2=800p-2000 at equlibrium elasticity of demand will be
whay part of Robbins definition drings the concept of opportunity cost?
state in many word the central problem or fact of economy?
1) A major flood in the north part of Malaysia has caused the price of rice increased substantially. The government wants to protect consumers from rising rice prices. Suppose you are an economist, what is your suggestion to the government in setting the price and give two effects of it?
2)Competitive firms do not want to produce its goods even after an increasing marginal product has set in and the marginal cost is decreasing”. Do you agree? Discuss.
3)Many apartment-complex owners are installing water meters for each apartment and billing the occupants according to the amount of water they use. This is in contrast to the former procedure of having a central meter for the entire complex and dividing up the water expense as part of the rent. Where individual meters have been installed, water usage has declined 10 to 40 percent. Explain that drop, referring to price and marginal utility.
why do the Fed choose to prefer the CPE that leads to a lower inflation rate than the CPI?
can scarcity be solved justify this
Please identify the follwing statement if it is true, false or uncertain.
“In a university they show all the movies for free including the latest releases. Rachel, one of the student in that university is irrational because his demand for these free movies is only 8 per month.”
Identify the following statemen if it is true, false or uncertain.
“A firm can choose to enter an industry with lots of substitutes and no complements, or an industry with lots of complements and no substitutes. Assuming equal production costs and the same demand in both industries, the firm should choose the industry with lots of substitutes and no complements.”
3. Discuss the potential problem for a country which becomes heavily reliant on tourism for its foreign exchange earnings.
The result when the marginal productivity of capital per peso is greater than the marginal productivity of labor per peso is the same as the result when Pl/Pk < MPl/MPk. Is this true? Why?
What are 5 good questions to ask a leader of a developing country about economic conditions in that country?
Outline and explain the economic policy options available to a government whose country is suffering from high levels of unemployment.
whats the country which was not effected by economic crisis the lowest