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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According to the substitution effect, what effect will a decrease in the wage rate
have on the quantity of leisure demanded, if you ignore the income effect?
How does financial markets in the U.K contribute to their economic growth?
…Bonds and Stock Markets? What else and how does it contribute to growth?
Globalization: Should The World Adopt A Unified Currency?
I have chosen this topic for my dissertation and would like your personal opinion on it, more than anything else. Any theoretical background would be lovely as well. Thank you muchly 🙂
https://www.economicshelp.org/blog/11679/economics/global-currency/
MPC is positive what does it mean
what is producer surplus and how to calculate it
What caused the massive decrease in the debt to GDP ratio for the UK following World War II?
https://www.economicshelp.org/blog/11697/debt/post-war-boom/
I so much appreciate the well thought and articulated information above, as regards to inflation targeting. But may some one help me understand this; How does inflation targeting operate when there is a deflation? and what are the problems associated with this?
with sincere thanks;
Denis.
https://www.economicshelp.org/blog/11769/inflation/inflation-target-during-deflation/
Since the debt is mainly in the form of government bonds or gilts then it can only be paid back when the term of the bond terminates.
What happens if there is not enough money to pay this back?
https://www.economicshelp.org/blog/11731/debt/what-happens-when-the-government-runs-out-of-money/
Thank you for your reply. This is the first time I have had a meaningful answer to my question. It is a pity that the politicians can’t come to an agreement and work on a solution agreed between them and lave out the politics.
Lee Shipton.
what are the steps for to test GRANGER CAUSALITY test, please explain it. if you have any book in your mind which can explain this easily please mention that
I understand that nearly all money is created by banks reserving only a small portion of deposits and then making loans (which usually then get deposited, so that the banks can essentially loan the same money to several people). These loans are all made at interest, and interest payments must come from somewhere, say from customers purchasing your goods and services. Those customers got their money from somewhere, which if we trace it back, eventually originated as another loan at interest (since by assumption that’s where nearly all money comes from). Isn’t this totally unsustainable? How can all the loans, including interest, even in principle be paid back when the only way to create new money is through additional loans at interest?
How would I figure out how many permits are being bought and sold, having figured out pollution cost with mandatory reduction and profits after reduction, and with firms given permits to pollute 50% of the initial level?
Why can’t all the none third word country’s print train loads of money and give to all the third word country’s. It could be classed as a gift and so not effect other economy’s
Hi, there
In your article titled “Discuss whether a devaluation causes inflation”, there seems to be an error in this statement:”Thirdly, if there is a devaluation exports become less competitive without firms having to make much effort……”, where it should be “more” competitive rather than “less”.
Please help to explain if I’ve made a mistake, many thanks.
thanks. have updated post. https://www.economicshelp.org/macroeconomics/macroessays/does-devaluation-cause-inflation/
Hello
Since the substitution and income effects go in opposite directions for an inferior good, should its demand curve be Steeper than if it was a normal good?or would it be The same as if it was a normal good?
regards,
Sara
I understand that specialisation needs trade. How is the trade linked with prices?