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
As a manger of a firm, kindly help me explain briefly with appropriate examples to the management, my understanding of the terms ‘microeconomic environment’ and ‘macroeconomic environment’ of the firm? List some of the key issues, which the management should be aware of under both of these headings.
Hello
Two questions:
1. Roughly what proportion of the housing rental market is covered by housing benefit recipients?
http://www.independent.co.uk/news/uk…s-9647752.html
Based on this article there are 960,000 people with jobs receiving household benefit. Supposing they are applying singly that is roughly 1 million households needing benefits at 6 billion pounds a year.
There are around 22 million households in the UK, 2/3 of whom own their house.
So the rental market would be around 7 million of whom one million receive benefit, some portion living in social housing, some in private rented housing.
Does that seem reasonable? Can you point me towards actual numbers?
2. What would happen if the housing benefit stopped completely?
The one million claimants would still need to live somewhere.
The landlords would still need income from somewhere.
Would overall rents go down or up?
How can the UK External Debt vary from approx £100 trillion pounds in the third qtr of 2013 to -331£ trillion pounds in the second qtr of 2014?
Hello I have a quick question about externalities dealing with paying college athletes. I was wondering if the expense of healthcare later in life is considered a negative externality because the “Free education” that they are paid with cannot fund the cost of healthcare in the years after they leave college. Thanks for any help possible!
Hello!
How reliable is this site for a school project?:
– Is the fact objective or subjective?
– Where is the fact taken from?
– What is the purpose with the website?
– And also who owns the site and controls the content?
I would be so glad if you could answer this!
https://www.economicshelp.org/about-2/
Hi,
what is your opinion regarding the use of price level targeting as opposed to inflation targeting by centre banks?
Thanks
In 2008, did banks lend money to people who wanted to buy a house because they believed that the value of the housing market would keep rising? So even if people defaulted on their loan repayments then the banks could reposes the house as it was used as collateral. As the value of the house would be of greater worth than the loan so that the banks could make a profit. Is this correct? Thanks!
Hi i would be so grateful if you could help me, what effect would the slowdown in europe have on british consumers and producers in europe
Hope to hear a response from you, kind regards
What would be the impact on the global competitiveness of international firms if all nations do not adopt uniform policies that would eliminate sweatshops considering the growing role of Corporate Social Responsibility in the world economy, especially in the developed one?
According to the World Fact Book published by the CIA in the US the UK External Debt is $9.547 Trillion (31 December 2013 est.).
Their definition of External Debt is ‘This entry gives the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods, or services. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms’.
How does this tie in to your definition?
If it is what we owe other countries why are there only 7 (extremely small) countries which DON’T appear to have an External Deb?
Thanks,
Andy
Can you please differentiate between an isoquant and a production curve
I was told by way of example that if a country (e.g. France) wants to purchase goods (e.g. gold) from another country (e.g. South Africa), in this example they must use the Rand, and lacking enough Rand they must make up the difference in US currency. Is there any truth to this? Is this an example of the Bretton Woods system?
Hi,
I have a question. How come when you have two individual theories that are proven right but contradict, no new theory is made. This is macro-political-economics or whatever you want to call it. 1. Theory, it is of course true that if taxes on the Rich are lowered, they have more money, and they incest more more-job creation and so on.. 2. Theory, when the middle and lower class do not have money they do not spend money, and if they have they do spend of course, leading to job creation and so on. It should seem very clear that these two are Theories that pulled to the extreme is oligicarchy or communism. Where is the theory os the optimal middle way. economic policy should in this theory not be left or right, but to adjust policies to reach the optimal middle, right?
Hi there, today BoJ had cut its interest rate to -0.1%. I read various article on this topic, however, one line that I read did not made sense to me. It was:
“Some board members of BoJ are reported to have voiced concern that slumping Tokyo stocks could threaten attempts to get firms to boost capital expenditure.”
My question is how could a declining stock market could trigger capital expenditure by firms? What is the relation between both of them?
Anxiously waiting for a prompt reply 🙂
Bye.
I think you misread- slumping stocks ‘threaten’ attempts to boost capital expenditure.
Fall in share prices may deter investment because companies are worth less and harder to raise share capital for investment.
According to the July 2015 UK Budget, the Government’s proposed total Government spending of £742 billion. At what rate would a corporate sales tax (as proposed by Lord Lawson today) cover all other sources of Government income?
Yes, I do mean NO other centrally collected taxes.