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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- I am looking to explain economic principles/ideas/ recent developments in economics.
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what makes the demand curve slopes negatively?
because income effect and substitution effects
what is the comparison of the Conduct of Firms in a Perfectly Competitve market??
Allocative efficiency
I have few questions about the elasticities. what are the economic interpretation of the following?
i. Income elasticity of money demand is negative, ii. Interest elasticities of money demand are positive in the long-run and negative ibn the short-run.
iii. Inflation elasticity of money demand is negative in the short-run and long-run.
iv. Exchange rate elasticity is positive in the short-run and long-run.
v. Volatility exchange rate elasticity of money demand is positive in the long-run and short-run.
vi. Remittances elasticity of money demand is positive in the long-run and negative in the short-run.
Hi,
Just wondering why a current account deficit in trade etc always necessarily results in a financial surplus as a consequence? Why do the exporting countries always invest in the importing ones by return?
For eg couldn’t China just decide NOT to use all those dollars to buy up financial instruments in the US? Sorry if this is basic!
I have one question intervene here in your forum. Suppose the government decides to increase income tax by 10% in the economy which will affect the working class. Explain the tradeoff which will take place between equality and efficiency due to this decision by the government.
effects of price controls on producers and consumersw
How can one identify total cost curve or marginal cost curve etc.from other curves
which graphs explain normal,economic and loss in a perfect competition
What are four monopoly industries?
I want to ask about inflation in the previous post “policies to reduce inflation”.
In that post you use AD/AS analysis to show when the AD shift to the left, price level fall. Is it when the price level fall, it considered as deflation?
Is it low inflation means that the price level still increase but at a lower rate compared to the previous increement of price level?
Please enlighten me as I am really confused about this.
>Is it when the price level fall, it considered as deflation?
Yes, deflation means a fall in price level
>Is it low inflation means that the price level still increase but at a lower rate compared to the previous increement of price level?
Yes, that is correct.
One thing I should add. AD/AS diagrams often oversimplify things. They show a fall in PL, where a better model would show PL increasing at a slower rate.
which of the two formula for calculating elasticity of demand results in realistic coefficients? The arc or the point formula?
industrialization
I learned somewhere that the trickle-down economics theory for formulated at Cambridge University during the 1930s. Is this true?
Thanks for your response in advance
hi 🙂 can someone tell me exactly what is required when the exam asks us to make reference to a country in the unit 4 paper. thank you