Economic Questions V

You are welcome to ask questions on Economics. I am looking to explain economic principles / ideas/ recent developments in economics. Due to the volume of questions, I can no longer promise to answer. But, I will try if it meets below criteria.

I will post the answer on this blog, for everyone to benefit from. I never email individual answers

Please Bear In Mind

  1. Use google custom search (top right) to see if question has been asked. If I have already answered a question I don’t tend to repeat it.
  2. The replies will be guidance and not for duplication. Your essays should be your own work.
  3. Don’t ask me to do your coursework / assignment e.t.c. The answer will be published here where your teacher can see it.
  4. My speciality is economics for British A Level standard.
  5. I don’t answer university questions or maths calculations
  6. I am looking to explain economic principles / ideas/ recent developments in economics.
  7. I will answer as a new post. Check home page of blog for new post. With question and answers

I studied PPE at Lady Margaret Hall college, Oxford University, and currently work as an Economics A Level teacher. I have also examined several different economic units for Edexcel AS and A2.

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467 thoughts on “Economic Questions V”

  1. South America has same people which Europe has and even has better natural resources.
    Then what is the reason south American countries like Brazil or argentine are economically much backward.
    What is biggest problem of brazil or argentine development or inequality.
    I think in long run south American economy will perform much better than European economy

    Reply
  2. i m a teacher in india. I want to know why countries like amercia do not invest enough in renewable resources. Why they behaving like blind. It is sure crude oil and coal will say bye bye. why america do not learn from france or denmark?

    Reply
  3. Eg: of substitute
    Tea-Coffee
    When tea price is rise than most of persons use coffee because they payment few rupees than tea price
    i think with the help of a general man
    you think

    Reply
  4. Patience
    Because negative relationship between demand & price
    when price is rising then demand is lowing
    &
    when price is lowing than demand rise
    think by a general man
    Price & time are essential for demand
    time: we think that changes in time our thinking r change for demand
    eg: fashion

    Reply
  5. Iphone/ facebook/ i pad/ Google/ Body shop.. any one of the innovation is yours

    Describe the roles of different types of consumer in the demand for your innovation.

    i need to do a coursework on this putting theory and empirical evidence.. Can you please guide me … and give me a brief how should i start and what should be included

    Reply

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