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. Is outsourcing beneficial to the global economy? Why?

    Is outsourcing beneficial or detrimental to education? Why?

    Your answers are greatly appreciated! Thank you!

    Reply
  2. Hi… I have been digging into literature related to firms going abroad (entering foreign markets). By a simple spelling mistake i stumbled on two different theories. Internalizing theory (buckley and Casson, 1976) and internationalization.. What is the difference?

    Reply
  3. To what degree has a commitment to social justice been significant in creating Canada today? (based on economic inequality)

    Reply
    • Hi, I’m doing a history project and my topic is related to Economic Inequality and social justice. I was wondering if I could interview you maybe through email just 2-3 questions. I would really appriciate if you could email me back asap! Thanks!

      Reply
  4. Anne has a job that requires her to travel three out of every four weeks. She has anannual travel budget and can either travel by train or by plane. The airline she typicallyflies with has a frequent traveler program that reduces the cost of her tickets depending onthe number of miles she has flown in a given year. When she reaches 25,000 miles theairline will reduce the price of her tickets by 25% for the remainder of the year. When shereached 50,000 miles, the airline will reduce the price of her tickets by 50% for theremainder of the year. Graph Annes budget line, with train miles on the vertical axis andplane miles on the horizontal axis.

    Reply

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