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
discuss the various form of money used in the past vis-a-vis properties and the issue of government revenues-revenues
Diminishing returns do not necessary mean economic inefficiency. Explain with reference to the theory of production using relevant diagrams. PLEASE I NEED THE ANSWER TO PASS MY TEST TOMORROW.
Hi. I would also like to know what are the effects of monetary union on
(i) the rate of inflation
(ii) unemployment
(iii) balance of payments
(iv) economic growth
This is my answer (i’m not sure if it’s correct though)
(ii) unemployment: decrease in unemployment because there is an increase in FDI (due to a reduction in transaction costs and increased stability of the ex rate). FDI creates jobs.
(iv) economic growth. increase in trade creation among the members of the monetary union. and due to law of comparative advantage.
Again, thanks in advance!
Hi. I would like to know what are the problems associated with declining terms of trade?
May i know if my following point is correct:
– it would mean a decrease in demand of exports (consumer demand). Hence, pushing down the price of the export.
Are there any other points? Thanks in advance!
Discuss whether monopoly is always an undesirable form of market structure?