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.


2,230 thoughts on “Ask an Economic Question”

  1. Keeping a lower deficit of the National Budget would benefit Americans as interest rates would remain stable and allow new businesses to grow. Would you say this statement is correct?

  2. In the case of deflation, export rises but the potential to import increase due to the rise in value of currency ,so how this could happen relation to rise in exports. If we talk about inflation there must be rise in export as money value decline and it would be critical situation to import due to decline in value of currency and there may be huge burden for payment so I think at that time export should be favored.

  3. haiiii
    i want to ask about economic and crime,
    can crime cause poverty? if that so what theory can we use to make that sentence stronger?

  4. Ped for an item is 0.4. If the price of the item increases by 5% how much will qty demanded of the item change by?

  5. What do you understand by the letters PC,MC,AC and RC in diagrammatic representation of perfect competition market


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