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. Can anyone explain the reasons why the Banking Crisis may have brought about increased unemployment? Thank you

  2. KOG, a brewer of local beer called DAA notes that when price of DAA reduces by 5 cedis, the quantity demanded for DAA increases by 5 gallon whereas the quantity supplied of DAA reduces by 20 gallons. she indicated that the maximum quantity of DAA demanded and supplied are 1500 gallons and -600 gallons respectively when price of DAA falls to zero. Find them equilibrium price and quantity

  3. To what extent is Southern African Development Community (SADC) block effective in regional economic growth in Sub-Sahara, Africa?  

  4. Hi…can you please explain….Positive & negative under the following pls
     Consumption externalities
     Production externalities.

  5. hi
    may you explain to me how the increased closure of industries affects firms and governments using elasticity of demand.

  6. Can you explain the short-term and long-term effects of Osborne legislating that there must be budget surpluses in any year when growth exceeds 1%, which is almost every year, whilst we have a rather large current account deficit. What will be the effects of this on private sector companies, public investment, households, the current account deficit, pensions and ultimately the banking sector.

  7. Hi, thank you for the beneficial information. You have mentioned about how the changes of terms of trade affect the balance of payment and viceversa. I am still wondering about how the changes of terms of trade affect a country’s national income? I look forward to hearing from you soon. Thank you kindly.

  8. Can you explain the buying and selling of currencies on the foreign exchange market and the benefits it brings for the buyer and seller.

  9. Would you please explain the situation that warranted incentive to promote products sales?

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