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- I am looking to explain economic principles/ideas/ recent developments in economics.
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what is the MRP theory for labour
thank u
critically analyse the govenmental roles in an economy
What is the senario of a country getting out of econmic downturn?
i want to understand better on how to answer this question because it seems to be tedious.compare equilibrium of a firm under monopoly
im selling my house. the buyer agreed a price 4 months ago and has yet to pay.
Should i ask for a higher price now the pound has fallen in that time or is that silly?
suppose that everyone in the economy at every interest rate decides to save more would this lead to unemployment or would the totasl output change…pliz try to answer even with a graph
best example between buyer and seller that satisfied rational consumer
what are the problems of relying on automatic fiscal stabilisers to ensure a stable economy at full employment?
Does it matter if a country has a large national debt as a proportion of its national income?
In what circumstances would a firm, in perfect competition, continue to operate at a loss.
What are the benefits on the economy hosting the Paralympic Games ?
why should government impose high tax on cigarette than yam
Why was inequality in the USA so high during the 1980s
From where actually and from which topic should I start my study of economics. I wish to start from basics.
I have to write an essay on the arguments and philosophies on Neoclassical and Radical economists. How they differ and how they’re similar.
Looking for some help as I’m not really sure I understand each of their philosophies. I read my chapter readings and I’m still confused.
I know that Adam Smith was pretty much the godfather of Classic Capitalism in the 18th and 19th century. Then John Maynard Keynes took it further in the 1950’s to what’s become Neoclassic Economy. (I think?)
I think Radical Economists philosophy is more intervention from the state for social well being? and more of a Liberal approach than Neoclassic.
Again, not sure if I have those right or not. Just looking for some guidance.
Thanks.
The demand equation is d=a-bq
While I understand why elasticity would be really high when price is very high, and why it would move to zero as price moved to zero, I can’t apply this in real life. Why would the elasticity of a good actually move in this way?