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
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About The Author
I’m an American, and I have a question on tariffs. Donald Trump has said he will place a tariff on all Chinese steel, and on Mexican cars. My question is, “Are tariffs still useful, and if so, why not put tariffs on all cars from Japan, Korea, Mexico, and Germany?”
https://www.economicshelp.org/blog/24571/trade/impact-of-us-tariffs/
how an increase in the cost of fuel may effect the market price of airline tickets?
Which monetary-fiscal policy mix combination should be used to recover an economy from recession in a low interest rate?
Hi,
I have two questions:
First, if a government imposes a tax on wages and it has to be paid by the employer, do firms or workers (indirectly) end up paying the tax?
Second, if we suppose that the labour market is perfectly competitive and labour supply is completely inelastic, when the government imposes such a tax, what happens to the level of employment?
Thank you
An engineer decides to run a business of marketing a petroleum product using his saving of $50,000.00 as the initial investment. He rents an office space with the rental of $1,000.00 per month as a location office and at the time keeping stock for the product. He hires a marketing graduate to help him with the salary of $1,500.00 a month. He was offered a job as an engineer for a company with the salary $3,000.00. He also can keep his saving with the bank with interest rate of 10 percent a year.
After a year of business, the engineer recorded the total sales $91,000.00.
Evaluate and comment the engineer’s business decision from an economic point of view.
Why is there an instability of agricultural prices in the demand and supply?