Readers Questions II

You are welcome to ask questions on Economics.

I will post the answer on this blog, for everyone to benefit from.

I shall try to answer the economics question and / or point to other resources but please bear in mind.

  1. The replies will be guidance and not for duplication. Your essays should always be your own work.
  2. My speciality is economics for British A Level standard. My university economics is rusty in parts, because generally I don’t use it in teaching A level economics.
  3. I can’t guarantee to always give full answers it also depends on my time schedule.
  4. The answers will not necessarily be complete. I know several of my essays on this site could be improved.
  5. I will answer as a new post. Check home page of blog for new post. With question and answers
  6. If you leave your email in the comments, I can try and let you know (email will not be published)

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.

If you find the information useful, you are welcome to buy me a coffee.



 

143 thoughts on “Readers Questions II”

  1. hi first of all thanks alot for your site and essays they are a great help. GOD BLESS YOU! i have a question

    Assess the impact on market contestability of increased use of the internet

  2. How does a cut in interest rates and an increase in foreing currency reserves result in a depreciation in the pound?

    thanks again

  3. can you just write a paragraph on anything you like which is an example of your best evaluation (L4 AS standard) please. I would like to see your structure and technique and subsequently compare it to mine.

    Alternatively could you list ways to evaluate?

  4. Economics
    The question is In the case with Acme Motors, what are the production gains to the entire company from the facility in Nuevo Laredo, Tamaulipas specializing in Autoturbo Quattro engines

  5. explain why perfect competion is generally considered as economically efficient

    assess the extent to which developments in information technology, such as the internet are making markets more competitive

  6. does market domination means sovereignty???? For example if a market is dominated by producers then does it show that there is a producer sovereignty????

  7. What is the current state of economy?. Are interest rate about to rise o fall?. How many people are unemployed in central London?

  8. Do you have mark schemes of June 2006 Edexcel Economics Unit 6?
    Questions:
    1) ‘Trading blocs are the most significant factor contributing to globalisation’ To what extent do you agree with this view?
    2) Evaluate the likely economic effects of a decision by the UK to withdraw from the European Union.

    Thanks.

  9. U = bx²

    U being the utility function, b being the number of books and x being the other things that he could buy

    John would like to maximise his utility function. Meanwhile, he receives $ 60 a week and one book costs $1. Also, his grandparents will give him 50 cents for every dollar he spents on a book.

    How many books should John buy to maximise his utility function?

  10. What are the conditions for general equilibrium existence?

    Explain the differences between perfect competition and imperfect competition in relation to market features, firm behaviour, market outcomes and social desirability?

  11. How do opportunities for two countries to trade enhance welfare of both countries? Does it actually improve living standards? If so why the opposition to lower tariffs?

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