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.
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Two developing countries A and B have aproblem of budget deficit.A decides,ceteris peribus, to finance it basing on the money borrowed from developing countries.country B prefer to finance it by increasing taxes and cutting off government expenditures. what do you think should be the problems each country meet after implementing its decision?
Can you elaborate “Depression and global scenario” for the purpose of project work and presentation.
Please I need a clear distinction between OLIGOPOLY AND MONOPOLISTIC COMPETITION. How many firms or company fall under the two?
Does Inflation hit the poor harder ?
Does inflation in Ghana hit the poor harder
Can you please explain to me how a country can improve their terms of trade
Thank you.
What are the contributions of the different sectors(primary,secondary & Tertiary) to the nigeria’s economy from 2005 till date?
How changes in income changes the speculative demand for money ?
How changes in income affect the speculative demand for money ?
Am new to macroeconomics..
help me with the best way to calculate
– CPI
– GDP
What do you mean when you say ” real income” ?
Major difference between inferior , luxury and a normal goods
what measures can be adopted by countries to overcome the issue of resource curse?
I Study economics independently at Marginal Revolution University.
But I am stuck with few of the very first Concepts. Those are:
Demand and Supply curve Shifts in Isolation.
Demand Curve Shifts:
When there is a population rise, then demand curve shifts up and to the right. Which implies there is a increase in price and quantity demanded of the product. Increase in Quantity demanded is logical because there are more number of people than before, But Why does per unit Price of the good Increase?
Supply Curve Shifts:
When the input cost rises the supply curve shifts up and to the left. Which implies that there is an increase in price and decrease in quantity Supplied. Increase in price is obvious because it is expensive to produce an unit than before, but why does the Quantity supplied decrease? If your answer is that with lower profits producers are motivated to produce less than before, aggregate profit would be more in latter case than former.
Please clarify my doubts and help me to move on to the fascinating world of economics further Sir!!
I Study economics independently at Marginal Revolution University. But I am stuck with few of the very first Concepts. Those are:
Demand and Supply curve Shifts in Isolation.
Demand Curve Shifts: When there is a population rise, then demand curve shifts up and to the right. Which implies there is a increase in price and quantity demanded of the product. Increase in Quantity demanded is logical because there are more number of people than before, But Why does per unit Price of the good Increase?
Supply Curve Shifts: When the input cost rises the supply curve shifts up and to the left. Which implies that there is an increase in price and decrease in quantity Supplied. Increase in price is obvious because it is expensive to produce an unit than before, but why does the Quantity supplied decrease? If your answer is that with lower profits producers are motivated to produce less than before, aggregate profit would be more in latter case than former.
Please answer, Thanks in Advance.