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 so that 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.

mail(at)econoimcshelp.org

2,583 thoughts on “Ask an Economic Question”

  1. What are the cases for and the case against government intervention as opposed to the free market?

  2. Why do we find it difficult to apply economic theory in less developed and developing nations?

  3. ” SUBSTITUTABILITY” and “complementarity” among good/services are critical in an individual’s pursuit to maximize utility satisfaction? explain and use examples to clarify

  4. Hi – I’m interested in what money actually is: say – hypothetically – there was a country with only 1 person in it, what would that countries GDP be? Would it have one at all? What about with 2 people?

  5. which degree of price discrimination can it said to be in these 2 cases?
    1) electricity company charges more as consumption increase
    2)electricity company charges at time-of-use. example a higher price at peak hour and lower prices at off-peak hours.

  6. Which tax cut do you believe is more beneficial for long run economic growth, a GST reduction or an income tax reduction?

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