Ask an Economic Question

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.


2,188 thoughts on “Ask an Economic Question”

  1. Why it is argued that now a day’s non tariff are more prominent barriers to international trade as opposed to tariff once?

  2. How does transitioning from a primary sector focused country to a secondary sector focused country affect a country’s economy? Also, is it a good thing or a bad thing?

  3. Suppose three goods are produced in an economy by three producers:
    Goods Producer
    Good2 Producer2
    Good3 Producer3
    If Producer1 likes only Good2, Producer2 likes only Good3 and Producer3 likes only Good1. Do you think trade between these three producers can take place in a barter economy? Explain your answer. How many prices producers have to remember in case of these three goods. Elaborate how money can resolve problems of barter economy and can benefit these three producers?

  4. pleas i want to know some of the circumstances that can lead business relationship become less profitable for procurement organization and suppliers


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