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
Assume that Product X is produced in a perfectly competitive industry and that product X yields costs to individuals who are neither consumers nor producers of Product X.
a) Using one correctly labeled graph, show the industry output and price under each other following conditions.
i) The industry ignores the externality.
ii) The industry produces the socially optimum level
of output.
Assume that the market is producing at the level of output you identified in part (i)
b) Identify one policy the government might use to achieve the level of output you identified in part (ii)
HELP!!!!
Suppose the government places a sales tax on firms in a monopolistically competitive industry. Explain what happens to the equilibrium price and the number of firms in the industry.
What are the advantages and disadvantages of leaving pension provision to the private sector? Could you please explain with the help of economic thoery?
Using the simple Keynesian macromodel to assess the implications for equilibrium GDP and the level of savings of an increase in the saving function
My professor asked me to write a thesis regarding the accession of Bulgaria into the EMU.
The thesis has to be based on the interplay/conflicts of Maastricht criteria vs. Optimum Currency Areas (OCA) theory. The thesis also has to incorporate regressions based on secondary data.
I am lost, even though I looked at the theories again. Please help me formulate a research question!
Assuming that corporate executives are to blame for the current financial crisis, what would be some of the reasons why they are to blame?