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. Hi Tejvan,
    If due to future trade uncertainty a currency becomes “undervalued” (Sterling as brexit is being negotiated) but the balance of trade doesn’t improve after the pound falls. Should the bank of England be seen to be considering an increase in interest rates in the future, in order to bolster the value of the currency?

  2. Why is the value of the crypto currency bitcoin increasing while the number of bitcoins is also increasing? Does this say something perhaps about the Euro which is gaining in value despite ongoing money printing?

  3. I opened an acct with pro 500, and bought some etheneum, which cost £516 and was then told I had bought two coins, which apparently are selling for $ 341 yesterday. Frankly I’m a little confused, because the numbers and coins dont add up, or is it because I am an idiot who doesn’t understand finance. Is 341 twice worth 516?

  4. Are the UK debt numbers not the official numbers, the real debt, similar to the debt mountains in Italy, Spain, Greece, and to some extent France and or am I predicting dooms day before its supposed to happen, when I’m told by experts, we are a basket case already.

  5. What effect if any would a country domestic agriculture have on its exchange rate. More specifically I recently read that Canada wheat production is at its lowest level in 6 years due to a drought. With Canada being one of the major exporters of wheat what effect would this have on the Canadian dollar if any?. After reading this my first thought was that the price of wheat would increase due to increase demand that follows a drop in supply. I also thought the Canadian dollar would decrease because Canada would not export the usually amount of wheat as in previous years. Is this correct? If not what effect would this have on the Canadian dollar? If so, how? Am I looking at this with the right framework? Thank

  6. Why did crop yield and area under organic farming increased above GDP during the subprime period 2008 – 2013 in UK ? Where the farmers’ resilience boosted by subsidies or special funding?

  7. Using a production possibility frontier curve,explain thcost lationship between scarcity,choice and opportunity cost.

  8. What are their views on demand and supply effect on prices.
    Did the Keynesians and Classical economics part way
    here?

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