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. Monopoly market has dead weight loss. But why the Indian government wants to merge small firms? And want to create monopoly power in the market???

  2. Why developing countries increase interest rate when the economy is bad, while developed countries reduce the interest rate…??

  3. the government of india was going to implement new tax called GST ……what is your opinion about GST . weather it wil lead to inflation or deflation

  4. what are the factors affecting supply in economis?, what are the factors affecting supply transportation in Nigeria?

  5. While much of the world is struggling with negative interest rates, the U.S. is talking about raising ours in order to forestall an inflation that never seems to materialize. My question is: Even though the dollar is the world currency, won’t the Fed’s policies eventually get dragged down by the world-wide moribund economic environment, rather than any momentary robustness exhibited by the U.S. economy?

  6. suppose a politician asks consultants to calculate the total social cost and the social benefit of the activities in a government agency. The politician discovers that social benefits costs exceed total social costs. Does this imply that the activities of the agency should be increased to achieve efficiency?

  7. Hi. I just wanted someone to explain HOW a government or a nation finances a current account deficit. If it is sending out more money than is coming in, where does the money going out come from? I understand that countries use foreign exchange reserves, but even these must diminish on countries like India, which has run a current-account deficit in every quarter since 2007, right?

    P.S. I see you studied PPE at Oxford. I start in a month. 🙂

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