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 :)
About The Author
examine the different types of unemployement as they occur in developed and less developed countries and their causes.
And for what reasons do you consider that the scope for domestic demand management on keynesian lines will be limited in less developed countries.
Please explain about Stagflation and its role in unemployment and prices rising.
Your help is much appreciated!!! Thanks.
Please explain the following
” what do you understand when a country’s economy shows negative economic growth coupled with strong persistant inflationary pressure.Kindly suggest me the policy options available to eliminate or reduce the adverse effects this situation may have on the economy.
Kindly analyse Fiscal policy,Monetary policy and Do nothing policy and give your thoughts on which policy is the best one.
If planned aggregate expenditure (PAE) in an economy equals 2000 + .8Y and potential output (Y*) equals 9000, then this economy has:
a. an expansionary gap.
b. a recessionary gap.
c. no output gap.
d. no autonomous expenditure.
Which one is the answer?
And also this:
If the natural rate of unemployment equals 6% and the actual rate of unemployment equals 5%, then the unemployment rate due to cyclical unemployment equals:
a. -1%.
b. 1%.
c. 10%.
d. 12%.
Who has read the book Naked Economics: Undressing the Dismal Science by Charles Wheelan or The World that Trade Created by Steven Topik???
Hello im stuck on finding information on the modern state and forces of demand and supply can u help me? thanks