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. what the factors affecting the exchange rate and how can those be dealt with please u can give possibly some illustration

  2. Social costs and social benefits of building a school in a rural area?

    Discount future values a clinic and a school (take Inflation into account:present value versus future value

  3. The post about monopsony is not correct. The results should be the monopsony employs less workers but pay higher wages. What you said below the graph is not consistent with your graph.

    • merit good is that which is provided by the government to its citizens to satisfy very crucial needs while public good is the one made available by the government to the citizens and it’s non excluder.

  4. As a new business I am trying to get my foot in the door at my local indoor market selling spiritual jewellery. After doing a business plan for the local council and showing them examples of stock they have decided that the decision as to whether I get the stall or not is down to a market trader who sells gothic accessories including some jewellery. His initial reaction was of course in the negative as he sees me as competition. I feel this trader has the monopoly in this situation and he is worried his sales will drop even though our stock is very different. Can you give me any advice in this situation? Is he allowed to monopolise this area of goods? Is this classed as fair trade? I’m at a loss as to what to do in this situation and feel I have been unfairly treated. I felt our two stalls could work together and bring more foot fall for one another. Is there a legal route I could take if needed?
    Hope you can help me and answer some of my questions,

    Kind Regards,

    Katie Nicholls

  5. could plicy makers make an policy which make unemployement and inflation inverse to each other for example if unemloyement take place then there shall no inflation and if inflation accures there will no unemployement is this possible?

  6. Is not a carbon tax/cap n trade hypocrisy at a high level. It says to me that if someone wants to create CO2 it’s OK with the government as long as that someone pays a tax for it?

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