You are welcome to ask any questions on Economics. Though you might also like to try google custom search (top right) to see if the topic has been covered before.
I am looking to explain economic principles / ideas/ recent developments in economics. I can’t promise to answer, but will try if it meets the criteria below.
- Please don’t ask me to do your coursework / assignment e.t.c. (I can usually tell if it is a homework question!)
- Please don’t ask any maths calculations.
- The question and answer will be published here where everyone can see it (including your teacher!)
- I aim to try and simplify economics; as a rough guide I would aim at an understanding similar to a good British A Level student.
- I am looking to explain economic principles / ideas/ recent developments in economics.
- I will answer as a new post, if you leave email address, I’ll usually send quick email. Check home page of blog for new post. With question and answers
Add comment at bottom of post.
Could you get a normal in profit if you maximise revenue? If so could you explain how?
If the people in a country have interest in its currency, will you advice the government in adopting seigniorage, in boosting its revenue strength, at least in the short run?
What happens to the purchasing power of money during period of inflation
falls. prices go up, so technically your money buys less.
How should the government affect each of the main variables in the National Income Model.
The bank is raising interest rates (I understand why). At the same time the government is being called to reduce taxes. These appear contradictory policies to me? What am I missing.
Thank you if you have time to reply.
Mark
How easy is it for a country to join a trade a trade bloc?
In my case only equilibrium price and equilibrium quantity was given for me to find price elasticity of demand