Economics: Post your doubts here (O + A level)

[haryyy9900]

any good economics notes for IGCSE?

 

[musiclover gurl]

Is budget line and indifference curve the ordinalist approach to marginal utility analysis?
Help please?

 

[Misha9622]

1. Can someone please help me on this multiple choice paper thank you
   
   The price elasticity of demand for grapes is –2.0. When the price is $15, quantity demanded is 5000 units.
   
   How much will be demanded when the price falls to $12?
   
   1. A 3000 units
      
      
   2. B 5500 units
      
      
   3. C 7000 units
      
      
   4. D 7500 units
      

 

[Danny1]

I teach economics, If anyone of you has any problem in this subject, you can ask here. I will be more than happy to help.

pls....general tips on answering alevel economics.

 

[Danny1]

Is budget line and indifference curve the ordinalist approach to marginal utility analysis?
Help please?

yea it is.

 

[husnain99]

pls....general tips on answering alevel economics.

 

[Suhaib]

1. Can someone please help me on this multiple choice paper thank you
   
   The price elasticity of demand for grapes is –2.0. When the price is $15, quantity demanded is 5000 units.
   
   How much will be demanded when the price falls to $12?
   1. A 3000 units
      
      
   2. B 5500 units
      
      
   3. C 7000 units
      
      
   4. D 7500 units

Apply the formula for these similar questions
PED = (% CHANGE IN QTY D. / % CHANGE IN PRICE)

 

[kritchus]

Can someone please explain to me why the correct answer is A?. Thank you

Which statement is consistent with a Keynesian view of the workings of the macroeconomy?
A Recessions can result from fluctuations in private investment expenditure.
B Interest rates move to ensure continuous equality between savings and investment plans.
C Money wages in the economy in the short run are perfectly flexible.
D There is no short-run trade off between inflation and unemployment.

 

[Shruti J]

A Level Economics Arranged PP3 - Chapter 1

 

[Shruti J]

A Level Economics Arranged PP1 - Chapter 1

 

[Shruti J]

Economics for Cambridge International AS and A Level
Book by Clive Riches, Richard Taylor, and Terry Cook
PDF from the CD-ROM

 

[Thevesh Theva]

Go to thevucation . com

This site can help you with any doubt you may have along your economics journey.

 

[AnusuyaRavindran]

can you help me to answer question no 2.. please..

 

[fungkhmax]

Has anyone here done the paper 2's that come from years before 2014? I did one yesterday and it feels extremely different compared to the ones from 2015 onwards, the questions from 2014 are much harder and restrictive to answer imo and the markscheme feels off as well

 

[happiest]

In August 2001 the Bank of Jamaica reported that the monthly rate of inflation in Jamaica for June. 2001 had been 1.7% and that the Consumer Price Index (CPI) stood at 1404 compared to its base figure in 1988.

Ans is it rose , it was 14 times higher

How this answer was calculated?
Its from june 2004 section A

 

[mustafa4000]

Economics notes+Past papers 07-17 and ECR
http://www.mediafire.com/file/guaehn53jl8lgdh/Economics 2281 PPS+notes.rar

 

[abnas106]

Can anyone expalin why the answer is 2%?
During a year, a country’s national income in money terms increased by 3%, prices increased by
4% and total population increased by 1%.
What was the approximate change in real income per head?
9708/31/w17

 

[AmandaWill775]

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