Skip to content

Providing free help for economics!

  • Microeconomics
  • Macroeconomics
  • Contact us
Microeconomics

Positive and Normative Economics

June 17, 2014 / econ101help / Leave a Comment on Positive and Normative Economics

Economist often differentiate between positive and normative economics as they prefer to focus on the area of positive economics instead…

Read More

Consumer and Producer surplus, Microeconomics, Uncategorized

Consumer surplus, producer surplus and Dead weight loss with inelastic supply curve

June 9, 2014November 11, 2016 / econ101help / 9 Comments on Consumer surplus, producer surplus and Dead weight loss with inelastic supply curve

This is probably the question which is answered wrong most frequently by students when completing homework based on consumer and…

Read More

Macroeconomics, Microeconomics

Why does the demand curve slope downwards

June 7, 2014June 25, 2019 / econ101help / 1 Comment on Why does the demand curve slope downwards

The demand curve describes the relationship between price and quantity. It states how much of a good a consumer is…

Read More

Microeconomics

Why price floors reduce social surplus

June 5, 2014September 21, 2014 / econ101help / Leave a Comment on Why price floors reduce social surplus

Price floors are a mandated minimum price that firms are allowed to charge for a product. It ensures that all…

Read More

Posts navigation

Previous 1 … 5 6
Copyright © 2023 . All rights reserved.
Construction Kit by WP Charms