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. EXPLAIN THE CONCEPT OF A PRODUCT FUNCTION . DISTINGUISH BETWEEN THE LAW OF VARIABLE PROPOTIONS AND THE LAW OF RETURNS TO SCALE

    Reply
  2. “The impact of pricing policy for profit”
    can help the in something somewhere, literature …, anything

    to build mathematic model

    Reply
  3. Hello microcoders

    Energy is very crucial product. Main purpose of companies to promote energy saving equipments is welfare not just commercial .
    Electricity generation capacity of world is very limited. Actually this product is very different from other consumption items.
    There is no competitive market for electricity. Unlike mobile, tv or steel plants , governments electrical companies play a very big role in electricity sector. Different government regulators control prices of electricity. So it is not surprise if there are energy saving efforts in your country as it is in all world.

    Reply

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