Could you please explain exactly how the change in consumer surplus is calculated? Thanks
Paper 3 question on tariffs, interest rates, national debt and budget deficitHi Just te report a small typo error in the calculation of Real GDP $M in 2020
Unit 3.1(1): Measuring the level of economic activityHi (vii) Calculate the value of Country A's budget deficit. [2] [Paragraph 7] The calculation uses $663 whereas it should be $633, although the answer is correct
Paper 3 question on taxation, Lorenz curve, Gini coefficient and government debtHi Hasan, Thank you for your point. I don't think you need this information. The base year is just the start point for the price index. Kindest, Alex
Paper 3 question on Inflation, constructing a CPI and monetary policyThere is no basket value of goods for 2019 to calculate CPI. for 2021 and 2022. Is this a typo? (Question V)
Paper 3 question on Inflation, constructing a CPI and monetary policyThanks Mark
Paper 3 question on subsidy and taxesNo this would be fine but certainly no shorter than this.
Grading practiseHey Mark, I had a student submit this article for a Micro IA commentary: https://www.reuters.com/sustainability/climate-energy/eu-approves-2-billion-subsidy-german-coal-exit-2025-11-18/...
Grading practiseQ8. The data in the table shows the demand and supply for milk. A minimum price of $1.50 is put in place by the government.The data for Demand looks incorrect, can you please recheck? The quantity demanded is...
Unit 2.7(2): Governments in markets - price controls
Laura
I understand how and why you get $53,184,971 but why do you need to add it to $19,489,999,932?
Paper 3 question on tariffs, interest rates, national debt and budget deficit