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.
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- 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.
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different causes of unemployment???
https://www.economicshelp.org/macroeconomics/unemployment/causes/
What is consumer rational
A rational consumer is someone who makes decisions according to a certain logic.
Are savings banks still relevant in African economies?
If a country A issue money to buy asset from a country B, how to control the country A to issue money?
China property was $1,000/m2 and then changed to $$20,000/m2,then China will become a rich country! how to control ?
How has the banking crisis and current sovereign debt crisis had an impact on the relationship between the financial markets & real economy.?
How did the sub-prime crisis affect the foreign exchange market? bond market? Stock market?
This is an article I wrote a while back http://econ.economicshelp.org/2008/10/financial-economic-crisis-explained.html
Is the reason that we don’t seem to be concerned about the UK External Debt of over £6 trillion compared to the National Debt of approx £1.4 trillion that the former is covered by assets whereas the latter is not?
With reference to my previous question re reason why the larger external debt is not as serious as the smaller national debt, your comment:
“Public Sector Net Debt increased significantly with governments taking shares in major banks like Northern Rock and RBS. However, due to accounting rules the assets of RBS were not used to offset liabilities of RBS”.
Seems to to take the opposite view in the above case.
One question begs another. While we might not be worried too much about the very large External Debt we still have to pay the interest on that so where does that show up on the accounting sheets. If we are worried about the deficit because of the interest we pay on the National Debt we should be even more worried about the interest on the External Debt.
Would you consider an accounting firm to be a perfect competition economic model or a monopolistic competion economic model?
i would like to know what are the effects of the budget deficit on the economy and public
It depends on the size of the budget deficit and the circumstances surrounding it. https://www.economicshelp.org/macroeconomics/fiscal-policy/effects-budget-deficit/
I am wondering that if there is no direct action to solve cyclical or demand deficient unemployment and the actions can cause “spill over effect”, why are the governments of different countries not using these ideas and then solving the consequences of it? the ideas seem pretty legit and debate-able but i’m not saying there perfect because if the economy is perfect, there would be no economics and certainly no theory of J.M Keynes.
thank you !!
It is a good question. You might be better off asking the ECB and governments of Europe.
how can we give air as an example of free good? as air cant be tuoched and seen , can we say free services? thank you in advance
We can ‘consume’ air. We do need it. But, if you breathe – it doesn’t reduce the amount available. https://www.economicshelp.org/blog/2844/economics/definition-of-a-free-good/
However, if you were in space and your air supply ran out. the remaining oxygen would no longer be a ‘free good’ because breathing in the oxygen would reduce the amount available to others.
Questions
1. What possible advantages to the consumer could there be in (a) National Grid Gas having a monopoly over gas pipelines; (b) BG remaining a monopoly in the supply of gas to domestic households?
2. What are the arguments for and against Ofgem regulating the price of gas supplied to domestic households?
Question
Why may it still make economic sense for the company to put on a coach for just one or two passengers, rather than turning them away?
Recently I again had to travel to London by coach and discovered that it was a good idea to book early in case the coach was full! Was the coach company being more senisble now?