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. illustrate and explain the profit maximising equilibrium output position for any market structure of your choice

  2. suppose there is an anouncement that “Clever chocolate” causes cancer. what would happen to equilibrium price and quantity in the market for “Govida chocolate” with graphical illustration

  3. Now in the process of making a commercial lease , three years, with additional three year options.
    My country deals in the US DOLLAR.
    In the event of the US DOLLAR collapse, how do I adjust my lease to get paid properly?
    Inflation or deflation may be big.
    Cannot switch to another likely worthless currency like the EURO.
    Your help would be appreciated . John Logsdon

  4. using a diagram, explain what should happen to the demand for and price of petrol when the price of cars falls sharply

  5. How would the supply of computer be affected be
    A decline in the price of a computer component ?
    A faster method for assembling computer is developed?
    Dell corporation goes out of business?
    The price of personal computers declines?
    Show the diagram

  6. How would the supply of computer be affected by
    A,a faster method for assembling computer is developed
    Show with diagram

  7. What would a consumer’s budget line {PyY+PxX = I} look like for an “all you can eat” restaurant meals (x-axis)?

  8. I want to research how next recession may affect my town. Can you help me get started? I am not an economist.
    Thanks, Diane

  9. Why is borrowing to finance an unfavorable balance oon current account deficit so dangerous to a less developed country?

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