Readers Questions II

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You are welcome to ask questions on Economics.

I will post the answer on this blog, for everyone to benefit from.

I shall try to answer the economics question and / or point to other resources but please bear in mind.

  1. The replies will be guidance and not for duplication. Your essays should always be your own work.
  2. My speciality is economics for British A Level standard. My university economics is rusty in parts, because generally I don’t use it in teaching A level economics.
  3. I can’t guarantee to always give full answers it also depends on my time schedule.
  4. The answers will not necessarily be complete. I know several of my essays on this site could be improved.
  5. I will answer as a new post. Check home page of blog for new post. With question and answers
  6. If you leave your email in the comments, I can try and let you know (email will not be published)

I studied PPE at Lady Margaret Hall college, Oxford University, and currently work as an Economics A Level teacher. I have also examined several different economic units for Edexcel AS and A2.

If you find the information useful, you are welcome to buy me a coffee.



 

143 thoughts on “Readers Questions II”

  3. i want to know for all the reasons american supermacy is boon for the world?
    i m against this…… i want sum views regarding recession how it is affecting the other country’s economy…………..

  5. heyyyy i want to know about american supermacy…. is american supermacy a boon for the world….. i m against the motion…. how recession is affecting other country’s economy…..?

  6. Heyyy,
    actually, I would like to know if the current uk’s recession is caused whether economic policies which have been practised, or the UK has been affected from outside the country?
    Mnay thanks in advanced….

  7. Hello, can you please help me with this question?
    How doese an increase in imports cause inflation in the economy?
    1 . If we use AD analysis, it is impossible to answer. As rising imports causes a fall in AD, making a fall in price level. In the case the economy is operating near full capacity, then a fall in AD will reduce inflationary pressure, So it is beneficial.
    2 . If we use exchange rate analysis . So can we answer as following?
    As M rises, for example due to an increase in demand for US goods and services, then the demand for US $ is rising, making a dpreciation in the value of £ agianst $ .
    A depreciation cuases an increase in Ms’ prices. Thus, cost push inflation occurs.
    A depreciation also makes Xs cheaper, hence X will increase, leading to an increase in AD and then demand full inflation.
    So i think the inflation effect of rising Ms is in the long run , in the future.
    Iam really confused.
    Iam looking forward to your reply. Thank you so much

  8. Hi,Just wondered if you could help me please. Im doing an economics essay for a course at uni. The title is, what are the economic disadvantages and advantages for both of London and Great Britain of the Olympic Games being scheduled in the country in 2012.
    I am struggling a lot on this work, so could you give me some ideas and information on what i should put in the essay. Its been a while since i have been in college and i have never studied economics before, but i need to do well on this essay.
    I hope you can help me with this, I look forward to you reply.
    Thank-You

  9. Don’t u think that in this recession period students should make their carrier towards NGO sector ?
    If u think yes then suggest me some bst NGO’S ?

  10. Hello,

    I am curious to know how level of imports affect the unemployment in developing countries. Based on the data on one of the Asian countries, I found that imports indeed cause more uemployment, but still want to know the economic intution behind it.

    Thanks,

  11. I have two questions…..im have trouble getting the answers

    1. The aveage person in Bigland saves five percent of his or her income. What is the marginal propensity to consume?

    2. In the U.S., which term from the equation is the biggest?
    (Y=C+I+G+X-M)

    Thanks, Kevin

  12. Dear sir,
    it is commonly known that a recession has only one benefit, that is curing inflation of goods and services. But in the UK there has been no fall in the prices of goods and services.does it mean we are not affected by the recession?

    From my studies in economics i have always known that when there is a recession, there is a high tendency for people to borrow at a low interest rate since there is a fall in the mpc due to high unemployment right? Also knowing fully well that investment forms a key component as far as GDP is concern, why can the high authorities not encourage people to borrow and invest so as to cub this problem of recession to an extend since it has been clearly stated according to my research that the problem of recession could easily be solved by investing?

    let me have a pause here and will have more questions after u answer this. my email address is [email protected]

  13. Hello,
    I have an Economics As level exam on the 5th of June 2009 and I wanted to know how to answer data response questions because i always seem to lose marks there. Please find time out of your busy schedule to help me out. Thank you

  14. whether the elasticity of supply of manufactured goods is likely to be greater than the
    elasticity of supply of agricultural goods?

  15. Hi, i’m currently doing an assignment which is due in a few days time. but i’ve flipped through my textbooks, lecture books, sloman’s books and all other books even on the internet for hours but i still have no idea as to how i should approach the question. this essay assignment contributes greatly to my overall year percentage so help find time to help me asap!!! i will thank you greatly.

    question: to what extent do you agree that large firms are preferred to smaller ones?

    is it possible to email me your response?? thanks alot 🙂

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