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. Cafeteria has 6 oz salads and 12 oz salads but the cashiers claim there is more than 6 ozs in the bowl and charges for a large salad although it is not even close to 12 oz they have no larger bowls for 12 oz salad, is this price gouging?

  2. Hello,
    I want to cite you for a college essay and just want to know the name of the book and your publisher.
    thank you

  3. In the market for widgets, 800,000 units are currently being sold every year at the going price of $10/widget. The elasticity of demand at this point is estimated to be –2.5; the elasticity of supply is estimated at +1.25. A new bill has been introduced that would impose a $3 tax per widget.

    Proponents of the bill claim that it would raise $2.4 million in government revenue every year. Are they right? Explain

  4. What should happen first economic growth or development.. many people say economic growth but I disagree because with out development how can economic growth be possible…. which should happen ?

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