Ask an Economic Question 2014

You are welcome to ask any questions on Economics. Though you might also like to try google custom search (top right) to see if the topic has been covered before.

I am looking to explain economic principles / ideas/ recent developments in economics. I can’t promise to answer, but will try if it meets the criteria below.

  •     Please don’t ask me to do your coursework / assignment e.t.c. (I can usually tell if it is a homework question!)
  •     Please don’t ask any maths calculations.
  •     The question and answer will be published here where everyone can see it (including your teacher!)
  •     I aim to try and simplify economics; as a rough guide I would aim at an understanding similar to a good British A Level student.
  •     I am looking to explain economic principles / ideas/ recent developments in economics.
  •     I will answer as a new post, if you leave email address, I’ll usually send quick email. Check home page of blog for new post. With question and answers

If comments are closed: email


335 thoughts on “Ask an Economic Question 2014”

  1. I’ve been searching for economic data about China and have found some information conflicting or not lining up with other information which has raised a question in my mind.
    How open is economic information from The AIIB (Asian infrastructure investment Bank) and the NDB (New development bank) to western data sources?

    Here is an example: Data I have found suggests the use of the Yuan for international settlements has decreased since 2015 after rising steadily for several years. However, both the AIIB and NDB went into full operation in 2015, so is it possible the data in western sources is lacking that information and rather than a reduction in the Yuan for settlements it is being routed through those banks and not being reported in the west?

  2. According to reports, 228,00 new jobs were created in November, however, the unemployment rate is unchanged. Furthermore, the labor force participation rate remained unchanged. Can we conclude that the economy simultaneously also lost equal amount of jobs?

  3. If the expected return from a risky asset is only slightly above the return from a safe asset,what would a highly risk averse person do?
    Invest in the safe asset only or invest in the risky asset only or invest in both?

  4. the major activity in my area is yam farming and other crops, now how can i use link keynes model to solve the economic situation in my area using the model?

  5. Explain the view that the government involvement in resource allocation and enterprise development under capitalist economy is a method of desire to be seen to influence happening and non happening


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