Economics Interview Questions

Please contribute!

1) Would it be feasible to have an economy which was entirely based on the service sector?
2) A man pays for his holiday at a hotel on a tropical island by cheque. He has a top credit rating and rather than cashing it, the hotelier pays a supplier using the same cheque. That supplier does the same thing with one of his suppliers and so on, ad infinitum. Who pays for the man's holiday?
3) Discuss the interaction between fiscal and monetary policy.
4) I notice that you study Mathematics. Can you see how you might derive the profit maximisation formula from first principles?
5) Discuss competition in the TV industry.
6) How effective is current monetary policy?
7) What are your particular interests in economics?
8) Do you think we should worry about a balance of payments deficit?
9) Explain how the Phillips curve arises?
10) If you were the Chancellor of the Exchequer, how would you maximise tax revenue?
11) Why is there north/south migration in the UK and what are the economic factors behind this?
12) How could market forces counteract this migration?
13) What factors do the MPC take into account when setting interest rates?
14) What economic lessons could be learnt from either the Rugby or Football World Cups?
15) Is it a good thing that taxes should be lowered in the long term?

Also possibly think about:

- Oil prices: how long will they stay at a high level?
- Interest rates: have they peaked?
- Housing market: Doom and gloom or a gradual slowdown?
- Economy after Bush's re-election.
- European integration/single currency

OMG....u cannot prepare for an interview.

Yes, you can. Simply thinking through some of these questions will help you in the actual interview - upon first glance I couldn't answer much of these questions. No one is stupid enough to prepare answers and hope these questions come up, it's more having the questions to be able to think through and just trigger logical thought processes.

Why do people have mock interviews? Why bother with any outside reading at all? Why read the newspaper? All three help prepare for an interview.

ur nt preparing, ur widening ur knowledge cos reading newspapers etc etc isn't JUST 4 an interview, it's 4 ur own leisure/your own desire 2 kno more 2.

ur nt preparing, ur widening ur knowledge cos reading newspapers etc etc isn't JUST 4 an interview, it's 4 ur own leisure/your own desire 2 kno more 2.

If you're even trying to insinuate something, don't even think it.

well as he sed, they dnt deserve a place. it's just like revising the nite b4 the exams.

lol sorry posted it b4 i read ur last post. but dnt u just hate ppl hu do tht and actually do well? they so dnt deserve it. (looking 4 backup here, zip123!)

i meant like revising thru the whole year's work in one nite and nt doing n e b4.

"Any tutor is intelligent enough to see through someone with a fake passion, but exams are a completely different case."

totally agree with you.

i meant like revising thru the whole year's work in one nite and nt doing n e b4.