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.
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- 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
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How can the economy be stimulated without increasing interest rates?
the difference between economic goods and free goods
What are the main advantages and disadvantages to leaving a market to market forces vs government intervention and from a government’s view which is the most beneficial
What are effects of monopoly when it comes to the welfare analysis of the society
What are the reasons for divorce of ownership and control?
Over the years econonic growth is said to be different from econonic development. also it is said that both of this econonic analysis is use to determine nations that are develop. is it possible for a country to have econonic growth and be for from development?
Hi I have a couple of questions ,
the first is;do we have the same monetary system around the world because I am from Algeria .I mean all countries have fiat currency ,thus the same monetary system ,isn’t it ?
The other questions I ve read something like that ,I mean most of people have a misconception believing that the central bank is the one that prints currency ,but in reality it is not true because the commercial banks which are controlled by the central bank ,they are the real ones which create currency ,so is this true ?
the last question ,do you think that the current monetary system is a debt based currency ,I mean can currency be created without debt ,considering the fact that every time a loan is made ,currency is created
defferent between perfect compitition and monopolistic compitition market..in short
explain how a fixed exchange rate can be used to correct a BOP defit?
Majority of your posts are very accurate and very interesting and educative. I have read so many of them but I have been left blank on issues regarding interest rates and exchange rates. It is true that governments and businesses alike do set rates and 90% of the time they gain from these moves. For example, a businesses can set a rate of interest or speculate on it and gain normal and sometimes abnormal returns. I have however not come across any article anywhere so far that talks about profits on swap transactions without speculation. i.e. banks or businesses profitting without speculating on either interest rates or exchange rates when dealing with swaps. In my opinion, it seems impossible unless selling and buying different rates around the world and profitting from the minimal margins. What is your take on this? how if possible do businesses or can businesses profit without speculating on either interest rates or exchange rate on a swap transaction. (I once thought that swaps are a bit easier to exploit, and the fluctuations in prices are sometimes huge)
I’m trying to understand where the £70-Billion or whatever it was went at the beginning of this recession. And why as ordinary folk (some of us in our late middle years) are now expected to pay for it, with cutbacks in &/or more expensive public service and longer working years – when our own family’s spending was already balancing with our income ?
Seems to me that the £70 billion wasn’t the government’s to give away.
Recent events in the currency exchange rate (since Nov 2015 to date) seem to indicate that ‘the money’ in Europe and America don’t like the idea of the UK even thinking about pulling out of the EEC. How is it that ‘the money’ can have a 10-15% effect on the value of the GBP in such a short period of time. ? It’s like having a bully in the playground going around taking spending money.
Similarly I have a friend in Belarus whose country’s economy is now / over the past six months fallen into a serious state of recession. Not it seems because anything changed in GDP, economically, or otherwise, nor even because of natural disaster, but simply because ‘the money’ doesn’t like their politics. Is there any way this and other countries can stop this bullying ?
What is a price system and why there is no need for government intervention.
Is monopoly the causes of instability in the Nigerian economy??
A popular topic in debates between politicians and in exams is the question “Are resources best allocated through government intervention or the free market forces”?