Readers Questions III

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You are welcome to ask questions on Economics. However, due to volume of questions, I can no longer promise to answer all questions.

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 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. I will answer as a new post. Check home page of blog for new post. With question and answers
  5. Generally, I don’t answer questions, which involve mathematical calculations, they tend to be doing someone’s homework. however, I may give examples, of calculations, if I think it helps explain economics principles.

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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If I answer your question, and you find it helpful, a donation is appreciated here for details on donating $2.

234 thoughts on “Readers Questions III”

  1. Hi, i have just been wondering. if the price of crude oil exceeds $150, and the price of petrol was approx £1.20. Now the price of crude oil is approx $45 and price of petrol is 89p. In theory shant it be less than 40p ?

  3. the study of economics is important in tertiary institutions. as a degree student examine six major importance of the study of economics

  5. Hello Sir-

    I was just reading the wiki page about Commercial Paper and I understand the gist of it; however, one thing that always confused me about it is:

    Since commercial paper is a cheaper alternative to a bank line of credit for companies to finance their daily operations, wouldn’t it make sense to just use savings as a direct means of funding? Why borrow (with interest) when you already have a lot of cash?

    Please demystify this conundrum. Thanks so much and sorry to hear about the mortgage interest rates not being passed on.

  7. In the autumn of 2008, the UK had a rapidly rising budget deficit. Should the government have seen this as problematic and taken steps to reduce it?

  11. Hi, I have a few questions:

    What is the impact of deregulation?

    What is meant by a sustainable transport policy?

    —

    The positive and negative effects of UK joining the Euro.
    The macro and micro of the UK joining the Euro.
    Also, what is meant by convergence?

    Any help would be appreciated, thanks!

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