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. My question is “Modern monetaraism arrives at the same conclusion like classical monetarism but far less restrictive assumptions”.Do you agree?

    • I question as how devaluation of currency with rise in interest rate make the export more competitive in global market?

  2. Hi, I know about price of good one decrease, then find substution effect and income effect, but When price of good one increase how income and substution effect changes and how graph can be?

  3. dealing with production costs, is possible for Total cost to decrease? If so, how do you determine Marginal Cost?

    Ex:

    TC=1500 MC=500
    TC=1800 MC=300
    TC=1000 MC=?

  4. Hi, I have a question about the CGP A-level revision guide.

    How come in the perfect competition topic, it says that price is lowered by new firms entering the market because of the supply curve being shifted to the right, in some other places it says it’s because they undercut the incumbent firms and compete away the supernornal profits, and in the ‘monopolistic competition’ topic, it says price falls because new firms entering the market shift the demand curve to the left, due to the demand being divided between more firms. Which is it?

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