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. Which of the following are deducted from GDP expenditure figures to determine GDP at factor cost?

    A: The council tax u pay on your house
    B: the tariff on an imported car
    C: the tax you pay on petrol
    D: your national insurance contribution

    Reply
  2. Hiyaa sorry to bother anyone..!!
    But as i am fifteen years of age, looking for a job in saninsburys..!! :/ but i dont know the age so please may can someone tell me cheers :)

    Reply
  3. can anyone give me simple example and definition of optimization, constrained optimization and unconstrained optimization in economics??
    \How the law of diminishing utility falls under the category of unconstrained optimization???

    Reply
  4. Can I know Exactly how Financial Asian crisis happened in 1997 ? I mean how was the beginning ? from where ? what’s the essensial cause of it ? what’s economics explination for that ? I mean i’m not an expert but I really need illustration to understand more :) thanks a lot !

    Reply

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