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
A monopoly is currently making supernormal profits. what would happen to both the output and profit of the firm as a result of an increase in wages which raises the firms marginal and average cost?
What is the relationship between the demand curve, and average total cost curve for a firm selling in a monopolistic competitive market, assuming the firm is earning economic profits?
Is it possible 2 calculate elasticity of demand for alcohol consumption at a federal level? Why Or Why not?
Hi, may i also get to know what is realy meant when it is said that the monopolist is more inneficient than the competitive firm in micro economic analysis.
Hi,
May I know what is share maximization and revenue maximization?
TQ
The U.S. govt. often runs deficits and it must sell govt. securities in order to finance those deficits. Describe the mechanics and components of the so-called “crowding out” effect associated with the use of deficit creating fiscal policies.