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.


2,225 thoughts on “Ask an Economic Question”

  1. Thank you for the clarifications and the content as a whole. When did you post it, I am trying to cite it but there is no date of establishment.

  2. It seems that printing money endlessly to prevent unemployment and loss of production yes in fact is not as previously taught that is not ok because you might cause inflation etcetera? For example governments are printing big amounts of money to give to unemployed people due to the virus to stimulate employment and also they give printed money to employers to be able to employ people to do productive work so that is ok no and it can be done continuously without major collateral damage no?

  3. Why is economics only consider a science but not fully a sciense?
    Who was the frist person to discover economics as a social sciense??

  4. Hi Tejvan

    Referring to:

    Can more abstract concepts, which can be described as uncountable (?), be considered public goods? For example, can literacy be a public good?
    Wikipedia lists knowledge as a public good, but literacy may be more than just knowledge; it includes skills, abilities. Can skills et al be lumped into the knowledge category? Therefore would literacy be a public good?

  5. In order to use schooling as a signal, the signal must be more costly for low skilled workers than for high-skilled workers.How true is this statement and why?

    When the government imposes a payroll tax on workers, the effects are identical to the effects had the government imposed the tax on employers.How true is this?


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