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.


1,630 thoughts on “Ask an Economic Question

  1. suppose there is an anouncement that “Clever chocolate” causes cancer. what would happen to equilibrium price and quantity in the market for “Govida chocolate” with graphical illustration

  2. Now in the process of making a commercial lease , three years, with additional three year options.
    My country deals in the US DOLLAR.
    In the event of the US DOLLAR collapse, how do I adjust my lease to get paid properly?
    Inflation or deflation may be big.
    Cannot switch to another likely worthless currency like the EURO.
    Your help would be appreciated . John Logsdon

  3. How would the supply of computer be affected be
    A decline in the price of a computer component ?
    A faster method for assembling computer is developed?
    Dell corporation goes out of business?
    The price of personal computers declines?
    Show the diagram

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