Readers Questions III

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. i want to ask a question .if production of food crops is increasing at a diminishing rate .wht factors of demand can reverse this trend

  2. Hi, How would you answer this question regarding opportunity costs and such.

    Suppose you made a confection which is called for one cup of buttermilk. The smallest container of buttermilk you could find was one pint ( two cups). Having made it, you have one cup of buttermilk left. You do not like to drink buttermilk, but there is another dessert you could make which would use up your remaining cup. Suppose the pint of buttermilk originally cost 50 cents and the other ingredients for the dessert cost $2.50. The value you place on te dessert is $2.70. Should you make the dessert? WHY?

  3. hey my name is lerato a student at the university of johannesburg.
    the thing is i have a problem with analysing the exchange rates.
    i want to understand what happens when the exchange rate depreciates and appreciates please can you make me a brief summary based on exchange rates.

  4. Hi,

    We read of how the the housing market crash in the U S has attributed to the impending world economic recession. Can you discuss the effects,both positive and negative, of this recession on the Property Market of Asian developing economies, notably, China and India.

  5. need help please. cant do an essay on discuss the limitations of the statistical measures of economic performance

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