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
- 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.
- The replies will be guidance and not for duplication. Your essays should be your own work.
- Don’t ask me to do your coursework / assignment e.t.c. The answer will be published here where your teacher can see it.
- My speciality is economics for British A Level standard.
- I don’t answer university questions or maths calculations
- I am looking to explain economic principles / ideas/ recent developments in economics.
- 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.
Related
About The Author
hi i would like to know the impact of the removal of quotas on the importation of foreign clothes on the equilibrim price and quantity of Ghana produced textiles
Hi, I would like to know about free good vs. economic good: are freely available national statistics on the internet a “free good”?
Thank you very much and appreciate your reply.
5. During the 1980’s the Irish government responded to the problem of the fiscal deficit by increasing taxed and reducing expenditure. Using the AS-AD model, show the impact of this policy on the economy. Comment on whether the policy was the appropriate policy response. by increasing taxed and reducing expenditure. Using the AS-AD model
this is a sample exam question for an exam i have coming up.
thank you
Sir, — The New Economic Platform that is gaining traction in the USA and Australia that is called -;
“The FALGAFT Plan” has some intertesting points.
Could you Please confirm that by seperating a nations economic position into three parts (International, National, and Domestic by County) would actually allow a fiscal and monetary policy quantum shift by government to reduce costs and thereby stabilize the national economy. If this “segregation” could occurer, thus making each “section” responsable for its own financial welfare, would that then reduce the size of government thus puting money back into the system which would reduce taxes and have a positive effect on social programs. ??
Thankyou for your time.
Sincere Regards.
Hi, i would like to ask something about the consumer surplus.
Question:
Joe is willing to pay $4 for his first slice of pizza and $3 for his second slice of pizza. If the market price is $2, on his two slices of pizza Joe receives a total consumer surplus of how many dollars?
Really appreciate for your reply.
Hello Esmie
Yes it is very common . In economics it is believed that every person wants to maximize utility. With fix price he tries to get maximum utility from amount he spends. Secondly, indirectly he thinks this offer is not permanent. It may change. So he tries to get benefit from this offer.