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.


1,392 thoughts on “Ask an Economic Question

  1. Sir , i have to prepare an internship report on Interest rate and its impact on economic growth….
    But i am very bad at economics… Please sir mention some articles from where i can get necessary information regarding my topic… Please sir don’t ignore my mail, i am helpless ..

  2. Hi – please are you able to explain what is meant when politicians state that “Britain is a rich country”? I don’t mean in terms of consumption (GDP) or current living standards but income & assets, in a global world. As we now operate within a global economy, where money can flow easily beyond borders, surely wealth can change “home” very quickly, notably corporate wealth (which is of course ultimately owned by individuals). Does the statement “rich country” refer to the value of individuals, as British taxpayers, or British Companies paying tax in the UK, or both and what are the relative values? I assume that whilst the UK government is responsible for huge liabilities, which ultimately only citizens or UK businesses can fund, it holds no significant assets? Also, “UK assets” appear to be predominantly, residential property rather than wealth generating capital assets & infrastructure – is this in fact, true? It seems to me that the world has changed profoundly over the past 25-30 years and we might possibly be nearing the end of the first economic cycle in this unprecedented global “capital” market, after which a natural cycle will become established.
    Many thanks in anticipation.

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