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.


2,518 thoughts on “Ask an Economic Question”

  1. I’ve looked in vain for a place to ask a question, so will try leaving a comment. This concerns terminology. I have seen the term ‘tax schedule’ in a lot of economics papers written by non-English speakers, mainly Scandinavian- and German-speaking. They are referring to what I understand as the income tax system, with different tax rates at different income levels.

    My question is, is the term ‘tax schedule’ used in English in this context?

    Thank you in anticipation!

  2. Question: what maybe or are problems with the international labor organization (ILO) definition of unemployment. I came across this while studying economics. i have read materials on this but still not clear. Can you explain it a bit for me.

  3. Question:which factors might cause the expected decrease in the population growth rate .Can you explain a bit for me

  4. I’ve been doing a study about taxes … they’re kinda confusing. I need help.

    Question: Can someone briefly explain the following concepts and give atleast example of each.
    •Wealth tax
    •Corporate tax
    •Employees tax

  5. The isoquants for cocoa and coffee (the only two commodities produced in the economy) are given by x1,x2, X3 and y1,y2,y3 respectively and their combinations are represented in table 1 below.assuming that only 18L and 12K are available for the production of cocoa and coffee.draw the Edgeworth box diagram for cocoa and coffee

  6. Question
    With reference to real-world examples, discuss the various policies that the
    government can implement to deal with the market failure arising from monopoly

  7. I have a question
    I have a question please I need quick response.
    Changing in demand for a normal goods is said to be downward slopping while changes and changes in demand for a given goods can be said to be on exceptional demand curve,for the above analysis determine the demand schedule and the demand curve for both seneiro


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