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
Do The Central Bank expected to perform certain useful functions in the economy?
Assess the various activities of a Merchant Bank in modern economies
Define briefly the terms ‘inequality’ and ‘poverty’. How do we measure them and what are the main issues in their measurement?
(a) Explain what determines the demand for money.(10)
(b) In some countries it is said that the use of credit cards by many people resulted in huge debts as people spend far more than they earn. Discuss what might be the consequences of a large increase in consumer spending. (15)
6. Which of the following countries had the highest average annual per-capita real income growth rate from 1965 to 2004?
a. Brazil
b. China
c. Japan
d. United Kingdom
e. United States
5. The full-employment level of output is defined as
a. Actual output minus the output gap
b. Potential output plus the output gap
c. Potential output minus the output gap
d. The level of output at a zero unemployment rate
e. Both A and D
When employees have opportunities for theft (pens, Xeroxing), we would expect their wages to be lowered accordingly. Isn’t it as if they actually pay for what they take? Why is it a problem? Explain
Some resorts charge skiers by the run, and some by the day. What may explain the difference?
b. Some ski resorts give discount to seniors. What may explain the practice?
c. How would you test at least one of your explanations?
The greater the opportunity to adjust product quality when the product is subject to price control, the larger the equilibrium market quantity would be. Do you agree? Explain. Also explain why the notion of equilibrium is relevant under price control.
Im in Economics of Property Rights class in college! Help!