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.

mail(at)econoimcshelp.org

2,100 thoughts on “Ask an Economic Question”

  1. Suppose I am selling chocolates in my shop. Though I know that I could sale only 50 packs I bought 70 packs based on my intuition that I could sale 70 packs. In the end I could sale only 50 packs and the rest 20 packs are left in my store. I could not sale those 20 packs. So, I would like to know whether there is any EXTERNALITY in this situation? If yes, then what is that?

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  2. how do you show an ad valorem tax on a cost revenue diagram? does it have a pivotal shift in the MC curve, as the MC curve = supply curve in microeconomics. Thanks!

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