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.
- The replies will be guidance and not for duplication. Your essays should be your own work.
- 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.
- I can’t guarantee to always give full answers it also depends on my time schedule.
- I will answer as a new post. Check home page of blog for new post. With question and answers
- 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.
Related
- The first Readers Questions has had over 150 comments.
- Readers Questions II
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Please explain the role that property plays in a country’s economic development
How does the rising prices of shares stimulate spending in the economy as a whole ?
Hi… I am an A Level student proceeding to my A2s. You see, I have underestimated AS econs and thought it would be like O Levels, and naturally, I did badly. So I will be re-taking AS and doing my A2 this Oct/Nov, one shot. My question, is concerning the essays. What is the common ground of all the essays? (ie. What econs topics are usually focused on as Essay questions?) For O levels I realised it was basically – int. trade, S&D, Unemployment, etc. Pls help me. Thank You very much…
a question i am pretty sure is going to come up is; what axioms underlie the theory of consumer behaviour? how resonable are they? i have the axioms: completeness, transitivity, continuity, non satiation and convexity. but we have never been taught about how reasonable they are and i can’t find any info anywhere! please please help
Will China’s huge economic growth improve living standards for the people in China?????
Thanks =)
Comment on whether rapid economic growth would always be beneficial for a poor, developing country.
1. critically examine the effectiveness of monetary policy.
2. what factor do you think limit the effectiveness of monetary policy.
3. fiscal policy in any conutry look for 30 sentences.
Is it right that private banks can create 97% of all new money by lending it into existence, and what effect does this have on inflation and the value of money already in existence ?
what is the difference between short run and short term?
what are advantages of inflation
disadvantages of inflation
Using the AOL/TW merger case study together with your experience, critically analyse the following:
a. The need for mergers/takeovers to be regulated by government
b. The theory that mergers do not enhance shareholder value but are done in pursuit of other management objectives that are contrary to those of shareholders
1) Suppose more money is put into the economy. What is the impact of this increase in money on: the graph of the nominal labor market, and the graph of the production function. Use these graphs to show that the Classical aggregate supply curve is vertical. Explain why each curve shifts or doesn’t shift in each market and the impact on nominal wages, real wages, inflation, labor hours hired and national output.
2) Suppose more factories are put into the economy. What is the impact of this increase on: the graph of the REAL labor market, and the graph of the production function. Use these graphs to show what happens (if anything) to the Classical aggregate supply curve. Explain why each curve shifts or doesn’t shift in each market and the impact on real wages, labor hours hired, and national output.
3) Suppose taxes are increased in our economy. What is the impact of this increase on: the graph of the real labor market, and the graph of the production function. Use these graphs to show what happens (if anything) to the Classical aggregate supply curve. Explain why each curve shifts or doesn’t shift in each market and the impact on real wages, after-tax pay, labor hours hired, and national output.
4) Use the flow of goods diagram to demonstrate the impact on total demand and output in the Classical view of a reduction in consumer spending.
List 7 elastic and 7 inelastic things found in your home?
i would here by request to hihglight in capital account convertibility and its impact on indian economy.
thanking you.