Economics Q + A – 6

You are welcome to ask 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.

  1. Please don’t ask me to do your coursework / assignment e.t.c.
  2. Please don’t ask any maths calculations.
  3. The question and answer will be published here where everyone can see it (including your teacher).
  4. 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.
  5. I am looking to explain economic principles / ideas/ recent developments in economics.
  6. 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

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.

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448 thoughts on “Economics Q + A – 6”

  1. How effective are the government using taxation to regulate the economy? If anyone know the answer please helpppp!!!

  2. what are the possible actions that must be done in order for a cheap currency to become equal to one u.s. dollar?

  3. Hi Tejvan,

    I need to understand the importance of a capital market to an economy and how does a domestic and international capital market functions?

    hope to hear from you soon.

  4. How does GDP/capita and the share of industry in GDP relate to quality of life and wealth distribution? For instance if two countries have the same GDP/capita (PPP adjusted) but in one of the two countries the industry sector accounts for a higher % of GDP what would one expect regarding wealth distribution and standards of life?

  5. Hi, is it detrimental if the current account and the capital and financial accounts do not balance each other out?

    Thanks

  6. Hello,

    how can I explain the role of technical progress in promoting economic growth in depth?

    It increases economics growth in 2 ways.firstly it cuts the average cost of production of a product and secondly, it creates new products for the market.

    how do I evaluate it?

    Thanks

  7. Hello,

    Could you explain the role of inflation expectations on affecting the economy, and the Adaptive Expectations hypothesis?

    Many thanks.

  8. how does an oil producing country sell its oil.

    say there is a country which produces some 2 million barrels per day. Consumes half million and sells the remaining 1.5 barrels to the international market. How does it go about it – in detail ! Please.

    Thank you.

  9. Hi. May i ask will money printing lead to inflation?

    I’m wondering money printing will only increase general price level once-and-for-all only, it’s won’t lead to inflation, which is defined as sustained increase in general price level.

    Am I right?

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