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 :)
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Is the recession an urgent wake up call? Has it had any positive effect for the future and stopped any further catastrophe or was it the catastrophe itself?
13.) Using aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, explain the process by which each of the following economic events will move the economy from one long-run macroeconomic equilibrium to another. Illustrate with diagrams. In each case, what are the short-run and long-run effects on the aggregate price level and aggregate output?
a.) There is a decrease in households’ wealth due to a decline in the stock market.
b.) The government lowers taxes, leaving households with more disposable income, with no corresponding reduction in government purchases.
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Discuss what you think will happen to the supply, demand and price of the product in the short-term if the demand of the product increases and supply decrease or remain the same?
What AS and A levels do I have to have to study Economics at uni? I have to make AS choices this week !
what are the factors that leadin to an economic scale??