Ask Economics Question

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.

  1. The replies will be guidance and not for duplication. Your essays should always be your own work.
  2. 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.
  3. I can’t guarantee to always give answers it also depends on my time schedule.
  4. The aim is not to do people’s homework for them, but, help in the understanding of economic concepts.
  5. The answers will not necessarily be complete. I know several of my essays on this site could be improved.
  6. Please Write the Questions clearly and with proper spelling. Some questions I have not answered because they were not clear what was meant.
  7. 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

579 thoughts on “Ask Economics Question”

  1. 1. Explain the difference between wealth and income and explain one factor which causes wealth inequality.

    2. ‘Society may come to the view that too much inequality is unacceptable or undesirable’ Analyse how the existence of inequality can cause economic problems, such as market failure.

    3. Evaluate the view that the most effective way to reduce poverty is to increase significantly the state pension.

    Reply
  2. Jen is currently maximizing utility by consuming 7 units of A, and 8 units of B. If the price of A is 3 and the price of B is 15, then what is the value of MUB/MUA?

    Reply
  3. If the Federal Reserves buys shares, gold and property, instead of bonds, is debt created?
    In this situation does this cause inflation or deflation?

    Can they do this?

    Reply
  4. Hello,
    I am wondering why the 75 billion of quantitative easing that the Bank of England anounced today to be “injected into the economy” isn’t spent on infrastructural projects? Why spend those funds on government bonds? This doesn’t seem to be the best way of using these funds. Many thanks.

    Reply

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