Tuesday, August 21, 2007

Economics Help 2007

I am starting a new thread for Economics Questions. As usual you are free to leave any questions as a comment on this post.

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 specialty 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. Please Write the Questions clearly and with proper spelling. Some questions I have not answered because they were not clear what was meant.
  6. I will answer as a new post. Check home page of blog for new post. With question and answers


I studied PPE at 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 :)

16 comments:

Anonymous said...

Hi I found your blog really useful and it helped improve my grades! So thanks alot! You're doing a really great job here:)

I would like to ask you a question,

What are the merits and demerits of breaking up a monopoly? i.e Microsoft

Would really appreciate it if you could give me some help here.

Looking forward to ur response:)

Anonymous said...

hi. i am a student taking A2 economics. i can memorise all the facts but i'm always not answering the questions in the essay. i always put down irrelevant information even thou i have identified the correct keywords and cue words. i appreciate your help.

Anonymous said...

Hello,
I am a high school student in Canada taking an Economics course. This really all new to me and I have absolutely no clue how to answer this question.

Derive the income, cross price and own price elasticiticies for a Cobb Douglas utility function. What general feature of Cobb Douglas means that the demand curves must always be unit elastic?

I would really appreciate your help on this. Thank you kindly.

Anonymous said...

Hi just stumbled on your blog and found it very helpful.

I would really like your help on this:
How has Net Interest Margin performed for UK banks since 2000.

Thanks.

Anonymous said...

Can you kindly help me with this question and how to solve it. I have done it three times and come with three different answers.

On Saturday nights Farrah likes to buy beer B and chicken wings W. She has $24 to spend. Her
preferences are given by U = B(squared)W(squared) that yields smooth convex indifference curves. In a London bar near across from her apartment, wings are sold for $0.50 each but they can be purchased for $0.25 each in a Manchester bar. Getting to and from this Manchester bar will cost her $8 in bus fares and this would reduce her income to $16. Beer costs $4 per glass everywhere in England.
Would Farrah be better off going to Manchester or staying in London?

Economics Help said...

Unfortunately I am unable to help with the last 2 questions at the moment.

Anonymous said...

Hi this site is really useful however cant find anything on how china using pro growth policies can cover all the negative externalities of growth through its net inflow of income. any ideas???

Anonymous said...

hi...this is a really helpful blog....
Please can i ask u a question..???

"How has the EU/NAFTA/OPEC misued their power????"
and also..."What are the terms of trade????"

Look forward to ur reply.... :D
thanxxxx

Anonymous said...

Examine the factors which might explain the UK’s low inflation and low unemployment of recent years (60)

Anonymous said...

To what extent do the official UK figures for unemployment accurately reflect economic reality ? (30)

Thanks a lot !

Anonymous said...

Critically evaluate the argument for and against the likelihood of an imminent house price correction in UK ?

Thanks a lot !!
PC

Anonymous said...

" Critically evaluate the argument for and against the likelihood of an imminent house price correction in UK ?"

My teacher said it will be relative a lot with the RADIO 4 on BBC - 8:PM today (6 nOV 07 ) !

pc

Anonymous said...

Sandy lives in two-good world in which good A is subject to an ad valorem tax t levied on the consumer whilst good B is not taxed. Use indifference curve analysis to explore the impact of an increase in
the t upon the total amount of tax that Sandy pays.

Anonymous said...

Sandy lives in two-good world in which good A is subject to an ad valorem tax t levied on the consumer whilst good B is not taxed. Use indifference curve analysis to explore the impact of an increase in the t upon the total amount of tax that Sandy pays.

Can u please help me answer this question :(:(:(:(:S:S

Anonymous said...

"A firm is producing a good in a competitive market. Explain fully how the amount they would produce would change if variable costs increased. How would this amount change if fixed costs increased?"

Anonymous said...

hi

I have this question to answer for my essay i'm studying an economics module.

The government is going to take up a policy which is to buy up excess supply of wheat.They hope to increase the income to farmers.

Please advise on this