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. Which effects do these events have on a country’s term of trade, when the country exports manufactured goods and imports raw materials (e.g South Korea):
    – oil disruption in Middle East
    – Competitor selling manufactured goods
    – development of a fusion reactor replacing fossil fuel
    – harvest failure in Western countries
    – reduction on import tariffs?

  2. Recently few countries have turned to IMF for help. Could you please explain the role of IMF? How does it work and how is it funded?

  3. hello Tejvan,
    can you explain to me what actions could governments take in order to influence house prices and why have governments failed to prevent the collapse in house prices?
    thank you

  5. How has the effects of globalisation impacted a spurt in inflation and led to sub prime mortgages being taken up?

  6. what are the reason of dollar appreciation while the world economic situation is not good! i would apprecitae if you provide me a simple comprehensive answer

  7. How does the EU Work and make decisions and how do those decisions effect industries such as the manufacturing industry, that mainly specialises in paper and corrugated board?
    What do the Institutions of the EU do?

  9. South Korea signed a currency swap deal with the US Federal Reserve, valued at $30bn. What is curency swap and how does it work? What are the advantages of and disadvantages of such a deal? Could you explain in detail please. Thank you

  10. Hey there,

    We’ve been hearing a lot about “derivatives markets” throughout this crisis. Could you please explain what that is? Also, what are “Credit Default Swaps” and “Collaterized Debt Obligations”; how do they work, and who uses them mostly? Thanks!

    Baz

  11. Hi Tejvan,
    I have (thankfully!) recently been called to LMH for an interview, in the hope of studying E&M for 2009.
    I am on a gap-year and have no teacher support to help when I am stuck on, or have questions about, economics. I was therefore wondering if you could help me gain an understanding of the 2 following concepts in some details:
    (1).The rise of 3rd world debt – i.e. how it has happened, what its implications are, relevant theories etc
    (2).International Trading – i.e. what theories are involved, its implications, recent examples etc
    Would it be possible to write comprehensively about the above 2 subject areas please. I have done A-level economics and so concepts will be familiar to me; but any new ground you can provide me in particular, as well as that of the introductory concepts, will be fantastic help.

    Thank you so much for your time. I look forward to hearing your responses soon.

    Kindest Regards,

    Steven.

  12. At 50th.in the table of National Debt the UK doesn’t look that bad but do other countries include those future liabilities (public sector pensions,PFI’s etc.) which the UK ignores.In other words are these figures truly comparable?

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