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
How does economic consumer react to change in both price and income of normal and superior goods in the likes of substitutability of both exported and imported good using game theory
the economic problems of our time shall best be answered by economic and political systems. justify and account for this statement ?
There are two countries France and Germany. There are two goods cheese and cars. There is only one factor of production, labor. In France, in a year, a worker can produce 1 ton of cheese or .25 of a car. In Germany, in a year, a worker can produce 2 ton of cheese or 2 cars. There are 1 million workers in France and 1.5 million workers in Germany.
a) Draw the production possibility frontier for France. Draw the production possibility frontier for Germany.
b) Which country has an absolute advantage in cheese? Which country has an absolute advantage in cars? Explain why.
c) Which country has a comparative advantage in cheese? Which country has a comparative advantage in cars?
d) Find the autarky relative price of cheese (price of cheese divided by the price of cars) for France and for Germany.
e) Draw the world relative supply of cheese.
f) If France and Germany Trade, what will be the lower and upper bound of the relative price of cheese? What will France export? What will Germany export?
why politics and economics cannot be seen in insolation?
hi
I have question
what effect might a rise in bond prices have on consumer’s decision to spend?
What impact does the Loose monetary policy have on FOREX