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.
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- I am looking to explain economic principles/ideas/ recent developments in economics.
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Is gdp a good indicator for the standard of living in a developed or developing countries?
In the case in a developed country because that said country is likely to have more banks, traceable methods of payments and more information about that countries economy. It isn’t good in developing country because most of the trading is done through bartering meaning that information wont be collected because there isn’t a process to that method which would record that said purchase so GDP wont account that sort of selling and buying (bartering) meaning the GDP would be lowering then reality.
*Also GDP per capita is the best way to measure living standards which is worked out by dividing the GDP by the population.
Not SoL. There’s better measurements like HDI/GPI/MPI.
Hi sir.Can you please advice me how to revise economics for a level.I’m very confused whenever I revise the next day I forget everything.Is there a way to overcome this.:(
Yes there is one mail me for some further explanation
Explain why changes in GDP per capita and the Human Development Index are more insightful ways of measuring the rate at which standards of living are improving in China
Impact of balance of payments that impact the current inflow of imports that affect job creation in urban areas
hie can you tell me which market structures does cooking oil and dertegents fall into with reason
how to solve problem of externalities both in private and public sector
explain the following terms with the aid of diagrams:
a) opportunity cost
b) Price elasticity of Demand
c) Diminishing marginal returns
d) Income elasticity of demand
would like to understand more about the terms
Hi,Iam also struggling with this question,did you get any help?
how do i write Conclusion about kinked demand of oligopoly.
Whether arc elasticity like point elasticity of demand can become elastic,perfectly elastic,inelastic,perfectly inelastic and unit elastic?
Hi Sir….. why do you think a country would prefer to have a balance of payment surplus rather than deficit???
Which of the following defines an economic model ?
1.a nonliner relation
2all other things remain the same
3a simplilifed description of an economy
4 all other things remain the same
Could you give me some topics I could talk about in this question to get me started, would really help. Thank you.
“Analyse the impact of the multiplier on the effectiveness of fiscal policy decisions”
https://www.economicshelp.org/blog/140065/economics/how-does-the-multiplier-effect-influence-fiscal-policy/
Examine the efficiency and effectiveness of the contemporary Monetary and Fiscal policY
Homework question!!! Read the article about how monetary/Fiscal policy works and then find out what stops each policy working to the max.
For example in pull monetary stage interest rates would go up but however when the Bank of England sets the base rate ( the interest rate) banks (e.g. HSBC) can decide either to set as the base rate, meet half way and lower the Banks interest rate a little bit or completely ignore the base rate which would lead to the monetary policy’s effectiveness to lower.
hi! which type of state is suited south Africa and why? capitalist state, pluralist state, patriarchal or leviathan state
what are the important of government in regulation of monopoly
how does goverment operate monopoly