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.
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- 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.
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Tejvan Pettinger studied PPE at LMH, Oxford University.
The value of Gold is not the answer against the variations of the $. Most people can not tell the difference between 999k or standard 10k gold jwelery or get this even FAKE GOLD. Now even real 999k Gold is hard/costly to store and transport. Gold notes in history were US GOLD CERTIFICATES and the Treasury is not going back to that. Therefore which is to be trusted a US Certified PUBLIC/Private Debit Not ($) or a Gold note that could be a PYMRIMD scheme and a Global Bubble (how to prove Gold validity in amount and quality)’fake Gold stocks and notes.” Silver is too bulky but offers promise in innovation technology (as do AU and AG). So the world should bank that the EURO and $ stay seperate! and that the $ is Standard!
A wage is any currency gained vs. a salary is a wage for service on a time fame.
How jobs for the middle class are created in essence is motivation for the middle class to work combined with benefinicial projects on a macro level; that are mico managed by a COMBINATION of small biz inguentiy allowed to grow next to BIG BIZ in symboism and alloted by the wealthy by loans at interests…….the wealthy make interest (stock market too); small biz flourished; service industries blend in the mix; and the middle class has careers and workers have jobs. 1.What are the macro and micro beneficial projects and essintial needs and entertainmnets? What motivates the wealthy to symboism with the working class in Finanance(ie loans/products).???
Hi TY BRENTWOOD
Falgaft is based on idea to separate state economy, national economy and international economy .
This is good idea in this point of view that every level of economy has different needs . At present we try to handle problems at national level but not at international level
With Falgaft policy there would be more coordination between global economies and world problem can be handled more efficiently
But most economist think it is not realistic
Practically it is difficult to adopt it
THANKS
Hello wintson
Consumer surplus is difference between market price and price he willing to pay if market price < willing to pay
If Joy is willing to pay $4 for first slice of pizza and market price of pizza is $2 than he will get consumer surplus from first piece
4- 2=2
For second slice
3-2=1
I’m struggling with learning how to draw AS and AD diagrams. Can you help me set up one based on the April 26-27, 2011 meeting of the Federal Reserve Open Market Committee.
By making an AS/AD diagram that shows the intention of current Fed policy with the appropriate shift.
Hi,
I’m an AS student who is beginning to look into university courses in further detail. I have always wanted to take a PPE course and seeing as you have already studied it I was wondering if you could answer a few questions?
My AS subjects are Maths, Economics, English, History and Theology. I want to drop maths after AS as it the subject I least enjoy, even though I enjoy it to a certain extent. Out of my choices it is not only the odd one out but my weakest. I am still predicted to do well, an A/B at AS. Will dropping it harm my chances of gaining a place on a PPE course?
Thank you so much for your time
xxx
Does quantitative easing reduce the national debt? (By buying government debt with newly created money.)