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

mail(at)econoimcshelp.org

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335 thoughts on “Ask an Economic Question 2014”

  1. Hello

    Since the substitution and income effects go in opposite directions for an inferior good, should its demand curve be Steeper than if it was a normal good?or would it be The same as if it was a normal good?

    regards,
    Sara

    Reply
  2. Hi, there
    In your article titled “Discuss whether a devaluation causes inflation”, there seems to be an error in this statement:”Thirdly, if there is a devaluation exports become less competitive without firms having to make much effort……”, where it should be “more” competitive rather than “less”.
    Please help to explain if I’ve made a mistake, many thanks.

    Reply

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