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

1,821 thoughts on “Ask an Economic Question

  1. One component of GFCF is construction. Could you please explain the relation between construction output as in GDP and constraction share in GFCF.

    Can we say that construction and real estate output together accounts for constraction share in GFCF ?

    Thank you

  2. i AM LOOKING AT WHEN THE PRICE DECREASE BECUASE GOVERNMENT DECIDED TO HAVE A FIXED PRICE FOR A PRODUCT BUT LET TO FARMER SELL MORE THAN HE USE TO SELL AT HIS 3% MORE PRICE.

    WHAT IS THE CURVE OF SUPPLY IF PRICE DECREASE AND QUANTITY SUPPLIED INCREASED?

  3. can politicians who recommend ‘printing money’ increasing the money supply to ‘pay for new social programs’, then make a personal bundle shorting the currency, in the [correct?] expectation that the exchange rate will fall?

    1. How is an economy kept stable? 4 Main economic objectives of Government? Are these achievable now and in the future? Do these conflict?
      What laws and other instruments are used? E.g. Unemployment benefits and welfare. Also things like a progressive tax system to allow an effective redistribution from rich to poor.
      All of these can be used by Government to ensure or at least foster stability in the economy.
      The idea of a Universal Basic income may also be used in place of any or all of these. E.g. paying tax free allowances up front in monthly allowances to all individuals.

  4. if you are a manager of amordern bussiness enterprise ,which non profit objective with exception of sales maximisation will you persue and why?

  5. Investments are key to the development of any economy?

    Write an assay on the significance and understanding of economic perspectives as they relate to public administration and management

  6. Can you express complementary and substitute goods in terms of an equation, express direct or inverse relationship.

    Can you also express determinants of supply and demand in terms of equation , take into account direct or inverse relationships

  7. In A2, there are essay questions specifically 12 and 13 markers which I believe requires a type of conclusion in my answer to reach a level 3 or 4. For example it typically asks, ” do you agree with this opinion”. How would I be expected to write my conclusion for questions I am supposed to discuss?
    Any tips would be helpful.

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