Economic Questions V

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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”

  2. hi could you please answer the following question plz.

    Evaluate the view that a fall in the exhange rate is desirable for the economy.

    Thanx

  3. hi!
    Can you explain whether the government should tackle the causes or the symptoms of unemployment? and explain the causes of THREE different types of unemployment and the policy measure for each.

  4. Congress passes a sweeping health care reform bill that provides free medical insurance for all Americans. Once the President signs it into law, the government will provide every American with a policy that will pay up to 80% of every medical bill a patient incurs.

    can you help explain the short run effect including the determinant of AD or AS that is causing the shift in this situation?

  5. Evaluate the view that a low rate of economic activity, rather than a high rate of unemployment is the main problem facing the UK labour market.

  9. Is the economic impact of a “hung parliament” in the UK exagerated?

    A lot of commentators are talking about a hung parliament having a terrible effect on the markets and specifically sterling.

    Is this likely?

    Thanks

    Den Cartlidge

  10. Hi,
    I’ve studied the optimal tax theory (Ramsey Rule etc) using Myles’s book. When it comes to the inverse elasticity rule, it seems that this rule says that those goods that have low price elasticities should be highly taxed (for example, necessities). This obviously doesn’t take into account any equity consideration, so it is difficult for me to imagine economies in which it could hold. Thank you.

  14. what do you think shall be done by the “international community ” to prevent a similar crisis from happening?

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