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
what is the income elasticity of demand in health care?
Explain what effect an expansionary fiscal policy would have on the price level and real GDP starting from full employment equilibrium.
Assume the cost of operating a restaurant has decreased. Using two properly labeled supply and demand diagrams, illustrate what will happen to the equilibrium prices and quantities of restaurant meals and cookbooks (a substitute for restaurant meals).
discuss and present supportive arguments for or against the below statement ;
automation is the cause of unemployment. if we keep allowing machines to replace people we are going to run out of jobs.
suppose that in an attempt by a university to raise revenue by increasing its tuition fees, will it necessarily result in more revenue and under what conditions will revenue
a)rise
b)fall
c)remain the same
explain this focusing on the relationship between the increased revenue from students who enroll in the university despite the higher tuition and the loss of revenue from lower enrollments.
the earnings of engineers, doctors and lawyers are high because lots of education is necessary to practice in these fields. evaluate this statement in the likes of supply and demand of a service.