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
About The Author
I have data on the GDP per capita of Iran from 1980-2015 in constant national currency. How can I convert each year’s GDP per capita to US dollars? (Base year is 2004). Thanks!
What, if any, is the relationship between GDP per capita and a country’s average wage. The two numbers are often weirdly similar, i.e., the Gdp per cap. of Russia is 14,xxxUSD, the average wage of a Moscowite is 12 to 15,XXXUSD.
thanks!
What are indivisibilities (economies of scale)?? Somebody please help im so confused T.T
Firms under monopolistic competition have an excess capacity. Does it imply, if half of petrol stations were closed down, consumer will get a benefits? Explain.
Indicate and explain if the statement is true or false.
“Because Coke and Pepsi are substitutes, a decrease in the price of Pepsi will cause the demand for Coke to decrease. This initial shift in demand for Coke results in a lower price for Coke; this lower price will cause the demand curve for Coke to shift to the left.”
what is sign restrictions