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. I am trying to determine TVC. I calculated QD and QS and was given AVC = 20 – 6q + q^2.

    I know TVC is found through TC = AVC * Q, however I am having a hard time figuring out what Q is. I know it is output but I was wondering if you could explain to me how I would go about finding Q.

  2. 1. What are the economic determinants of house prices and kindly explain house price trends in the UK since 1980.

    2. Based on these findings and expectations for the macroeconomy (in the light of BREXIT) evaluate what you expect to happen to house prices in 2017.

  3. I am looking for the distiguish of the demand and the derive demand and also isn’t the MV=PQ is the same as the MV=PY or not. because i only know that PQ is the short form of GDP

  4. When price elasticity of demand is inelastic both producer and consumer will pay the tax burden but the consumer pays more proportion than producer
    WHILE when the PED IS ELASTIC Producers will pay the tax burden alone.

  5. Are all debts or any debts in UK , captured by the M4 figure? If not to be found there, where can one find total debts, Public & Private ( inc. motgages) in UK

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