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.


2,187 thoughts on “Ask an Economic Question”

  1. Identify whether there is likely an increase or decrease in measured Australian GDP in the following scenarios, and discuss whether GDP is a ‘good’ measure of progress in each case:
    (i) a major increase in the extraction of coal to meet electricity demands of Chinese firms;
    (ii) a sharp rise in the amount of burglaries and professional criminal activities.

  2. If it is argued that the IMF intervention worsened the Asian Financial crisis, what would have been a better way to contain and prevent the capital flight

  3. I am curious to know about elastic and inelastic of demand and supply? some comparison as an example too?

  4. Demonstrate mathematically the rippling effect of reducing interest rate from 25% to say 10% in the economy

  5. The exports of eurozone’s member countries are equally competitive with the rest of the world,
    because these countries use the same currency. Do you agree or disagree? and why?

  6. If the consumption function of Mr.John is C+3/4y
    How much can he save if Y=10000
    What is his MPS
    Calculate the multiplier

  7. Hello,

    I am very interested in learning the accounting behind a debt jubilee and why that would require a recapitalization of the central bank. For instance, if all consumer and private debt was forgiven, these would accrue as a loss to the banks who extended the loan and lower the asset side. Couldn’t the central bank just increase the bank’s reserves at the Fed and the banks could move that into cash onto their balance sheets? How would a debt jubilee flow through at the level of commercial banks and the central banks? Thanks!

  8. i have a question instead.
    Assume that the reserve requirement is equal to 10% and the household keeps 10% of their money holdings in cash. An increase in money supply(M1) by 100 000 means thus that the supply of currency(M0) must have increased by 10 000. Is it True or False.
    Please help.


Leave a comment

Item added to cart.
0 items - £0.00