Readers Questions III

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You are welcome to ask questions on Economics. However, due to volume of questions, I can no longer promise to answer all questions.

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 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. I will answer as a new post. Check home page of blog for new post. With question and answers
  5. Generally, I don’t answer questions, which involve mathematical calculations, they tend to be doing someone’s homework. however, I may give examples, of calculations, if I think it helps explain economics principles.

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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234 thoughts on “Readers Questions III”

  1. Hi Tejvan,

    how could the purchasing power parity help in determining the new exchange rates after a war. (post war realignment)

  2. how would the various schools of economic thought and their advocates interpret the US Bailout program? Would they support government intervention?

  3. Last summer world demand for bio-fuels led to an uncharacteristic shift in the demand for world corn and wheat. In the EU this lead some farmers to abandon the previous EU set-aside policies and to increase production to respond to the world market. Do you believe that this new demand for bio-fuels obviates the need for the CAP

  4. explain the possible macroeconomic impact of the interventions by the US Treasury and the Federal Reserve into the financial system

  5. Hi there,

    I’ve been reading various materials in preparation for an impending interview, and something that occurs frequently is the fact that low inflation has not always been the main macro target. When and why was a low inflation target made the primary objective?

  7. It has been suggested that the Government’s VAT rate cut of 2.5% will be insufficient to kick-start the economy.

    Unfortunately the EU rules stipulate that the minimum rate for VAT is 15% in member countries (the maximum is 25%).

    The Question: What is the economic argument for a minimum rate of VAT of 15%?

    What is the purpose?

    (Does it have something to do with applying a common rate of VAT on all imports from non-EU countries – like the 10% Common External Tariff?)

  8. State intervention is necessary to maximize social welfare but intervention often comes at a heavy price. So why not rely upon the market system to tackle the problem?

  9. Hey I have to write 15 pages on the economic effects the olympic games had on Barcelona in 1992……but it would help already if you could just give me some ideas on general economic areas that are generally affected through the hosting of the Olympic Games.

    Thanks!!!!!!!!!!!

  10. explain the various types of pricing strategies which companies can adopt in the face of competition in the market place. How would a knowledge of lasticity of demand help companies decide how to price their products?

  11. Dear Tej,

    I would like to know how the reserve bank of new zealand currently operates its monetary policy, the transmission mechanisms and the rols of inflation targeting.

    As new zealand was the 1st country to introduce inflation targeting through the reserve bank act 1989.

    If this could be explained in detail or e mailed to me would be of great help.

    Cheers
    Adrian Wright

  12. What are the effects of rising food prices on individual consumers and nations? Briefly suggest what goverments can do to limit the impact of soaring food prices on their economy?

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