essay about economics

Economics Essay Examples

Ace Your Essay With Our Economics Essay Examples

Published on: Jun 6, 2023

Last updated on: Oct 28, 2024

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Are you struggling to understand economics essays and how to write your own?

It can be challenging to grasp the complexities of economic concepts without practical examples.

But don’t worry! 

We’ve got the solution you've been looking for. Explore quality examples that bridge the gap between theory and real-world applications. In addition, get insightful tips for writing economics essays.

So, if you're a student aiming for academic success, this blog is your go-to resource for mastering economics essays.

Let’s dive in and get started!

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What is an Economics Essay?

An economics essay is a written piece that explores economic theories, concepts, and their real-world applications. It involves analyzing economic issues, presenting arguments, and providing evidence to support ideas. 

The goal of an economics essay is to demonstrate an understanding of economic principles and the ability to critically evaluate economic topics.

Why Write an Economics Essay?

Writing an economics essay serves multiple purposes:

• Demonstrate Understanding: Showcasing your comprehension of economic concepts and their practical applications.
• Develop Critical Thinking: Cultivating analytical skills to evaluate economic issues from different perspectives.
• Apply Theory to Real-World Contexts: Bridging the gap between economic theory and real-life scenarios.
• Enhance Research and Analysis Skills: Improving abilities to gather and interpret economic data.
• Prepare for Academic and Professional Pursuits: Building a foundation for success in future economics-related endeavors.

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If you’re wondering, ‘how do I write an economics essay?’, consulting an example essay might be a good option for you. Here are some economics essay examples:

Short Essay About Economics

A Level Economics Essay Examples

Here is an essay on economics a level structure:

Band 6 Economics Essay Examples

Here are some downloadable economics essays:

Economics essay pdf

Economics essay introduction

Economics Extended Essay Examples

In an economics extended essay, students have the opportunity to delve into a specific economic topic of interest. They are required to conduct an in-depth analysis of this topic and compile a lengthy essay. 

Here are some potential economics extended essay question examples:

• How does foreign direct investment impact economic growth in developing countries?
• What are the factors influencing consumer behavior and their effects on market demand for sustainable products?
• To what extent does government intervention in the form of minimum wage policies affect employment levels and income inequality?
• What are the economic consequences of implementing a carbon tax to combat climate change?
• How does globalization influence income distribution and the wage gap in developed economies?

IB Economics Extended Essay Examples 

IB Economics Extended Essay Examples

Economics Extended Essay Topic Examples

Extended Essay Research Question Examples Economics

Tips for Writing an Economics Essay

Writing an economics essay requires specific expertise and skills, the first of which is choosing an interesting economics essay topic .

It's important to have some tips up your sleeve to make sure your essay is of high quality:

• Start with a Clear Thesis Statement: It defines your essay's focus and argument. This statement should be concise, to the point, and present the crux of your essay.
• Conduct Research and Gather Data: Collect facts and figures from reliable sources such as academic journals, government reports, and reputable news outlets. Use this data to support your arguments and analysis and compile a literature review.
• Use Economic Theories and Models: These help you to support your arguments and provide a framework for your analysis. Make sure to clearly explain these theories and models so that the reader can follow your reasoning.
• Analyze the Micro and Macro Aspects: Consider all angles of the topic. This means examining how the issue affects individuals, businesses, and the economy as a whole.
• Use Real-World Examples: Practical examples and case studies help to illustrate your points. This can make your arguments more relatable and understandable.
• Consider the Policy Implications: Take into account the impacts of your analysis. What are the potential solutions to the problem you're examining? How might different policies affect the outcomes you're discussing?
• Use Graphs and Charts: These help to illustrate your data and analysis. These visual aids can help make your arguments more compelling and easier to understand.
• Proofread and Edit: Make sure to proofread your essay carefully for grammar and spelling errors. In economics, precision and accuracy are essential, so errors can undermine the credibility of your analysis.

These tips can help make your essay writing journey a breeze. Tailor them to your topic to make sure you end with a well-researched and accurate economics essay.

To wrap it up , writing an economics essay requires a combination of solid research, analytical thinking, and effective communication. 

You can craft a compelling piece of work by taking our examples as a guide and following the tips.

However, if you are still questioning "how do I write an economics essay?", it's time to get professional help from the best essay writing service -  CollegeEssay.org.

Our economics essay writing service is always ready to help students like you. Our experienced economics essay writers are dedicated to delivering high-quality, custom-written essays that are 100% plagiarism free.

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Barbara is a highly educated and qualified author with a Ph.D. in public health from an Ivy League university. She has spent a significant amount of time working in the medical field, conducting a thorough study on a variety of health issues. Her work has been published in several major publications.

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Economics Essay Topics: Writing Ideas for Students

Writing an economics essay is all about analyzing how money, markets, and policies shape our everyday lives. Whether you're breaking down the effects of a recession or looking at how trade deals impact jobs, these essays give you a chance to explore real-world economic issues. 

Let’s face it, understanding economics isn’t just for class — it’s for life. After all, the global economy is worth over $100 trillion , and what happens in one corner of the world can ripple across the globe.

This article is here to make your life easier by offering a variety of economics essay topics to choose from. From microeconomics to broader global trends, there’s something here for everyone. 

And if, after going through the list, you still feel unsure about your topic or how to start your essay, DoMyEssay is here to help. Our economics essay writing service can assist you with everything from picking your topic to creating a well-researched essay.

So, take a look, find a topic that interests you, and start writing with confidence!

How to Choose an Economics Essay Topic?

When it comes to choosing an economics essay topic, the right choice can make your essay more engaging and focused. Here are some practical tips to help you out:

Economics Essay Topics For Students

When it comes to writing economics essays, choosing the right topic can set the stage for a great paper. Below, you’ll find a list of economics essay topics tailored specifically for students at different academic levels, starting with those suitable for high school.

Economics Essay Topics for High School

Economics might seem a bit complex, but it’s all around us, even in things we deal with every day. The topics below are all about connecting big ideas to stuff we’re all familiar with, making it easier (and maybe even a little fun) to explore the subject:

• The Impact of Rising Minimum Wage on Teenage Employment Rates
• How Inflation in 2024 is Affecting the Cost of School Supplies
• The Role of Supply and Demand in the Popularity of Streaming Services
• Analyzing the Economic Effects of Fast Fashion on Local Clothing Stores
• The Influence of Social Media Advertising on Teen Spending Habits
• How Online Shopping Discounts Affect Consumer Spending Behavior Among Teens
• The Economics Behind the Increasing Cost of College Tuition
• The Effect of Government Subsidies on Electric Vehicle Adoption Among Teens
• How the 2024 Inflation Surge is Impacting Family Grocery Budgets
• The Economic Benefits of Recycling Programs in High Schools

Economics Essay Topics for College Students

As a college student, you’re ready to deal with more complex economic issues with real-world implications. The topics below are designed to push your understanding and analysis to the next level:

• The Impact of the European Union Carbon Border Adjustment Mechanism on Global Trade
• How Remote Work Trends Are Reshaping Urban Economic Landscapes in Major U.S. Cities
• Central Bank Digital Currencies and Their Role in Reducing Transaction Costs in International Trade
• Analyzing the Effects of the U.S. Student Loan Forgiveness Policy on Consumer Spending and Savings Behavior
• The Economic Consequences of Supply Chain Disruptions in the Semiconductor Industry on Technology Markets
• The Influence of Environmental, Social, and Governance Criteria on Investment Strategies in Emerging Markets
• How China's Belt and Road Initiative Affects Economic Growth and Debt Sustainability in Participating Countries
• The Economic Effect of Minimum Wage Increases on Small Businesses in Rural vs. Urban Areas in the U.S.
• Evaluating the Effectiveness of Carbon Taxation Policies in Reducing Greenhouse Gas Emissions in the EU
• The Role of Artificial Intelligence in Labor Market Displacement and Economic Inequality in the Tech Industry

Economics Essay Topics for University Students

When you’re at the university level, economics essays push you to think critically about complex issues. The topics below are meant to challenge your understanding and give you a chance to explore specific, real-world economic situations that matter today:

• The Impact of Bitcoin Adoption on Financial Stability and Monetary Policy in Developing Nations
• How U.S.-China Trade Tariffs Are Reshaping Global Supply Chains and Emerging Markets in 2024
• The Role of Federal Reserve Rate Hikes in Managing 2024’s Inflation and Their Effect on Consumer Spending
• Brexit’s Long-Term Economic Impact on the UK Financial Sector and Global Competitiveness
• The Influence of Automation and AI on Wage Gaps and Employment in the Global Manufacturing Industry
• Mitigating Supply Chain Risks: Lessons from the 2020-2024 Semiconductor Shortages
• The Effectiveness of Carbon Credits in Reducing Global Emissions and Their Economic Impact in 2024
• Japan’s Aging Population: Economic Implications for Public Healthcare and Workforce Productivity
• The Impact of Finland’s Universal Basic Income Trials on Poverty Reduction and Economic Sustainability
• Post-2008 Financial Reforms: Are Global Banking Systems More Resilient to Future Economic Crises?

Struggling with Your Economics Essay?

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Economics Essay Topics by Categories

Economics covers a broad range of topics, from individual consumer behavior to global financial systems. To help you focus on what interests you most, we’ve broken down economics essay topics into specific categories.

Microeconomics Essay Topics

Microeconomics looks at the small-scale economic activities that affect individual consumers and businesses. Here are some specific topics to explore:

• The Long-Term Effects of Government Price Controls on Consumer Demand for Essential Goods
• How Minimum Wage Increases Influence Small Business Hiring Practices and Wage Structures
• Global Supply Chain Disruptions and Local Grocery Prices
• Market Competition as a Driver of Technological Innovation in the Tech Industry
• The Rise of Eco-Friendly Products: How Consumer Preferences Are Shaping the Market
• Gig Economy Platforms and Their Impact on Traditional Employment Models
• Price Elasticity of Demand: Consumer Response to Pricing in the 2024 Smartphone Market
• The Role of Behavioral Economics in Crafting Targeted Marketing Strategies for E-Commerce
• How Housing Market Fluctuations Affect Rent Prices and Availability in Urban Areas
• The Influence of Government Subsidies on Small Business Adoption of Renewable Energy

Macroeconomics Essay Topics

Macroeconomics looks at the big picture, focusing on how entire economies work and the forces that shape them. If you're interested in how things like government policies, global trends, or economic cycles impact our lives on a large scale, these topics are for you:

• The Effect of Central Bank Policies on Inflation Rates During Economic Recovery Phases
• Analyzing the Effects of Fiscal Stimulus Packages on Economic Growth Post-Pandemic
• The Influence of International Trade Agreements on Global Economic Stability
• How National Debt Levels Influence Long-Term Economic Growth in Developed Countries
• The Economic Implications of Population Aging on National Healthcare Systems
• Exchange Rate Fluctuations and Export Competitiveness in Emerging Markets
• How Technological Advancements Are Reshaping Productivity Growth in Developed Economies
• The Effects of Global Oil Price Volatility on National Economies Dependent on Energy Exports
• The Impact of Income Inequality on Social Mobility and Economic Development
• The Role of Government Spending in Stimulating Economic Growth During Recessionary Periods

Managerial Economics Essay Topics

Managerial economics is all about applying economic theories and methods to make better business decisions. It’s where economics meets the real world of running a company, helping managers solve problems and plan for the future:

• The Role of Demand Forecasting in Strategic Business Planning and Inventory Management
• How Cost-Benefit Analysis Influences Decision-Making in Large-Scale Corporate Investments
• Pricing Strategies in Competitive Markets: Balancing Profit Margins and Market Share
• The Impact of Outsourcing on Cost Efficiency and Operational Effectiveness in Global Corporations
• The Economic Implications of Mergers and Acquisitions in the Technology Sector
• The Role of Game Theory in Shaping Competitive Strategies Among Rival Firms
• How Managerial Economics Guides the Allocation of Resources in Multinational Companies
• The Economic Impact of Corporate Social Responsibility on Brand Reputation and Consumer Loyalty
• The Influence of Economic Forecasting on Long-Term Business Strategy Development
• Evaluating the Cost-Effectiveness of Employee Training Programs in Increasing Productivity

Consumerism Economics Topics to Write About

If you're curious about the economic side of shopping, marketing, and consumer behavior, these topics will give you plenty to think about.

• The Economic Impact of Fast Fashion on Global Supply Chains and Consumer Spending
• How Social Media Influences Consumer Purchasing Decisions and Brand Loyalty
• The Role of Consumer Credit in Driving Economic Growth and Household Debt Levels
• Analyzing the Rise of Sustainable Consumerism and Its Effects on Traditional Retail Markets
• The Economics of Subscription Services: Why Consumers Prefer Renting Over Owning
• How Consumer Boycotts Affect Corporate Policies and Market Performance
• The Influence of Online Reviews on Consumer Behavior and Sales
• The Economic Implications of Consumer Data Privacy Regulations on Digital Marketing Strategies
• The Role of Consumer Confidence in Shaping Economic Cycles and Business Performance
• How the Shift to Online Shopping Is Reshaping Brick-and-Mortar Retail Economics

Economics History Essay Topics

Economic history explores how economies have evolved over time, looking at the factors that have shaped economic systems, policies, and outcomes:

• The Economic Causes and Consequences of the Great Depression in the 1930s
• How the Industrial Revolution Transformed Economic Structures and Labor Markets in Europe
• The Role of Economic Policies in the Rise and Fall of the Roman Empire
• The Impact of Colonialism on the Economic Development of Africa and Asia
• Analyzing the Economic Effects of World War II on the Global Economy and Trade
• The Evolution of Banking Systems and Their Role in Economic Growth During the 19th Century
• How the Gold Standard Influenced Global Trade and Economic Stability in the Early 20th Century
• The Economic Legacy of the New Deal Programs in the United States
• The Role of Economic Factors in the Collapse of the Soviet Union
• The Economic Impact of the 2008 Financial Crisis on Global Markets and Policy Reforms

Socio-Economics Essay Topics

Socio-economics looks at how society and economics interact — how our social environment affects economic behavior and vice versa. It’s all about understanding the human side of economics, from income inequality to the impact of culture on spending habits:

• The Impact of Income Inequality on Access to Education and Economic Mobility in Developed Nations
• How Social Class Influences Consumer Spending Patterns, Brand Loyalty, and Lifestyle Choices
• The Economic Effects of Immigration on Local Labor Markets and Wage Levels in Host Countries
• Analyzing Gender’s Role in Economic Opportunities and Wage Disparities Across Sectors
• How Cultural Norms Shape Economic Behavior and Business Practices in Different Regions
• The Socio-Economic Impact of Gentrification on Housing Affordability and Community Dynamics
• The Role of Social Media in Shaping Economic Trends and Consumer Behavior
• How Economic Policies Affect Poverty Levels and Social Mobility in Urban Areas
• The Role of Education in Reducing Socio-Economic Inequality and Promoting Economic Opportunities
• The Economic and Social Implications of Universal Basic Income: Insights from Pilot Programs

International Economics Essay Topics

If you’re interested in understanding how economies around the world are connected and how these connections impact everything from local jobs to global financial stability, these topics are right up your alley:

• The Impact of Trade Tariffs on Global Supply Chains and International Trade Relations
• How Exchange Rate Fluctuations Influence Export Competitiveness and Trade Balances
• The Role of International Trade Agreements in Promoting Economic Growth Among Member Countries
• Analyzing the Effects of Globalization on Income Inequality Within Developing and Developed Nations
• The Economic Implications of Brexit on the European Union’s Trade and Financial Markets
• How International Sanctions Affect the Economies of Targeted Countries and Their Trading Partners
• The Role of Multinational Corporations in Shaping Global Economic Policies and Trade Dynamics
• The Impact of International Aid on Economic Development and Poverty Reduction in Low-Income Countries
• How Global Financial Crises Influence International Monetary Policies and Economic Cooperation
• The Effects of Foreign Direct Investment on Economic Growth and Industrial Development in Emerging Markets

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Behavioral Economic Topics to Write About

Behavioral economics is where psychology meets economics, exploring how people actually make decisions rather than how we think they should:

• How Cognitive Biases Influence Consumer Spending Habits in Everyday Life
• The Role of Social Norms in Shaping Financial Decision-Making and Saving Behavior
• Analyzing the Impact of Behavioral Nudges on Retirement Savings Rates Among Different Age Groups
• How Emotional Factors Affect Investment Decisions and Stock Market Behavior
• The Economics of Impulse Buying: Understanding the Psychological Triggers Behind Consumer Purchases
• How Loss Aversion Drives Decision-Making in High-Stakes Financial Situations
• The Influence of Peer Pressure on Economic Choices Among Teenagers and Young Adults
• How Framing Effects Shape Perceptions of Value and Influence Consumer Choices
• The Role of Behavioral Economics in Designing Effective Public Policy and Social Programs
• How Mental Accounting Affects Financial Planning and Budgeting Decisions

Environmental Economics Essay Topics

Environmental economics is about understanding the economic impacts of environmental policies and how economic activities affect our planet:

• The Economic Benefits and Challenges of Implementing Carbon Tax Policies Globally
• How Renewable Energy Investments Influence Economic Growth and Job Creation in Developing Countries
• Analyzing the Impact of Deforestation on Local Economies and Global Carbon Emissions
• The Role of Economic Incentives in Promoting Sustainable Agricultural Practices
• How Environmental Regulations Affect the Competitiveness of Manufacturing Industries
• The Economics of Water Conservation: Balancing Demand and Resource Management in Water-Stressed Regions
• The Impact of Climate Change on Global Food Security and Agricultural Economics
• How Circular Economy Models Can Drive Economic Growth While Reducing Environmental Impact
• The Role of Environmental Economics in Shaping International Climate Agreements and Policies
• The Economic Costs of Air Pollution on Public Health and Productivity

Agricultural Economics Essay Topics

Agricultural economics looks at how the business of farming works and how economic factors affect food production and rural life. If you're curious about how farmers make decisions, how food prices are set, or how agriculture shapes economies, these topics are just for you:

• The Impact of Agricultural Subsidies on Farm Income and Production Efficiency in Developed Countries
• How Climate Change Is Affecting Agricultural Economics in Different Regions
• The Role of Technological Innovations in Increasing Sustainability in Agriculture
• Analyzing the Economic Effects of Trade Policies on Global Agricultural Markets
• The Economics of Organic Farming: Profitability and Market Trends in the 21st Century
• How Rural Development Programs Influence Agricultural Productivity and Economic Growth in Developing Nations
• The Economic Implications of Genetically Modified Crops on Global Food Security and Trade
• The Role of Agricultural Cooperatives in Enhancing Farmers’ Market Access and Bargaining Power
• How Water Scarcity and Resource Management Affect Agricultural Production and Food Prices
• The Economics of Farm-to-Table Movements and Their Impact on Local Food Systems and Rural Economies

Financial Economic Topics to Write About

Financial economics explores how money flows through the economy, how markets behave, and how financial decisions get made:

• The Influence of Central Bank Interest Rate Hikes on Stock Market Volatility and Investor Behavior
• Understanding How Cognitive Biases in Behavioral Finance Affect Individual and Institutional Investment Choices
• The Role of Financial Regulations in Preventing Economic Crises: A Case Study of the 2008 Financial Meltdown
• The Long-Term Effects of Inflation on Investment Portfolios
• How the Rise of Cryptocurrencies Is Disrupting Traditional Banking Systems and Financial Markets
• The Economic Impact of High-Frequency Trading on Market Liquidity and Price Stability
• How Venture Capital Investment Drives Innovation in the Tech Industry and Influences Economic Growth
• The Impact of Global Financial Crises on National Monetary Policies and Economic Recovery Strategies
• How Exchange Rate Volatility Affects International Investment Portfolios and Global Trade
• The Importance of Credit Ratings in Shaping Corporate Financing Decisions and Access to Capital

Today’s key trends in economics include everything from digital currencies and sustainability to shifts in global trade and the impact of technology. Choosing the right economics essay topic can help you dive into these important issues and understand them better. 

If you’re still unsure about your topic or need help with your essay writing, DoMyEssay is here to support you at any stage!

International Monetary Fund. (n.d.). DataMapper . Retrieved August 20, 2024, from https://www.imf.org/external/datamapper/index.php

Economics - Essay Examples And Topic Ideas For Free

Economics is the social science that studies the production, distribution, and consumption of goods and services. An essay could explore economic theories, discuss contemporary economic challenges like inflation or unemployment, or analyze the impact of economic policies on societal wellbeing and global interactions. We have collected a large number of free essay examples about Economics you can find at PapersOwl Website. You can use our samples for inspiration to write your own essay, research paper, or just to explore a new topic for yourself.

Apple in Microeconomics

As inter-specific competition increases between companies, especially in the same product line, there is need to come up with better and innovative ways to market their brand. These product enhancement techniques need to meet the current consumer demands and tastes and preferences. However, there are other factors like quality, quantity, and price that also affect how consumers view an individual product and its purchasing power. Proper market intelligence is very crucial to an enterprise especially in the early development stages […]

Economics of Globalization

Tata Motors Limited located in India and in different countries all over the world. where economic growth has started for decades. Still, there are some challenges that can affect the growth rate in all respect. Like GDP; growth; business cycle; inflation; unemployment; political stability; trade balance. Real GDP or Gross Domestic Product (GDP) at constant (2011-12) prices in the year 2016-17 is likely to attain a level of 121.65 lakh crore INR, with a growth rate of 7.1 percent over […]

Unemployment as a Social Issue

Introduction. Unemployment is real issue in the modern society and has devastating impact on people's lives. The effects are not limited to the unemployed individual but also family members and the wider community. As unemployment is time bound, with the duration of unemployment have far reaching effects even affecting the living standards in retirement 2. The loss of an income by a parent can potentially damage the prospects of the next generation. In additional to the personal impact, unemployment is […]

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Unemployment Within the Economics

Most of the socio-economic studies indicated that unemployment within the economics of crime studies is positively related to crime. Committing crime without failing while unemployed has a higher reward (Burdett et al, 2004). Unemployment shows lack of opportunity for participation in the labour market and the acquisition of legitimate earnings (Freeman, 1999). The exclusion from legitimate income opportunities raises the expected returns from crime, the economics of crime theories have confirmed. Although, most of the empirical studies show a positive […]

Fact Vs. Opinion: the Positive-Normative Divide in Economics

Ever been in a debate where someone drops a stat, and someone else counters with what should be done? Welcome to the world of economics, where this kind of back-and-forth isn't just common; it's the crux of understanding two key concepts: positive and normative economics. Picture them as two sides of a coin – one’s about hard facts, and the other’s about what we feel ought to be the case. First up, positive economics. This is the nitty-gritty, the down-to-earth […]

How Competitive Forces Shape Strategy

Introduction Porter How Competitive Forces Shape Strategy was introduced in the year 1979. In this article, Porter talks about five forces that affect the performance of a company in the market. These forces include firstly the threat of entrance which talks about how new industries try to enter the market. Porter continues by arguing that strategy can be perceived as creating defenses in opposition to competitive forces or even finding a spot in an industry where there is a weaker […]

Economics Symbolism: a Harmonious Ballet of Services in the Economic Arena

In the intricate tapestry of economic choreography, services emerge as the unsung maestros, conducting nations forward and acting as the stealthy architects of prosperity. This essay delves into the pivotal role played by service industries in fostering economic growth, spotlighting their significance as the unseen engines of innovation, employment, and overall economic vitality. At the core of a flourishing economy lies the dynamic realm of services. While the limelight often gravitates towards manufacturing and agriculture, services discreetly hold a central […]

Zimbabwe’s Economics Turmoil: Navigating the Perils of Hyperinflation

Zimbabwe's history is marked by economic upheavals, with one of the most striking chapters being the era of hyperinflation, a period that shook the nation to its core and left an indelible mark on its economic landscape. In the early 2000s, Zimbabwe experienced a cataclysmic economic downturn characterized by hyperinflation—a staggering surge in prices that eroded the value of the country's currency at an exponential rate. The hyperinflationary spiral was catalyzed by a complex interplay of factors, including fiscal mismanagement, […]

What are Private Property Rights?

Property and prosperity rights are inseparably linked. The significance of having strongly protected and clearly defined property rights is currently widely recognized among policymakers and economists. A private property right provides people the exclusive right to utilize their resources as they see appropriate (Calandrillo, et al., 2015). That power over what belongs to them leads property users to be responsible of all the costs and benefits of employing those assets in a certain way. The process of weighing between benefits […]

Deciphering the Circular Flow Model in Economics

In the discipline of economics, the Circular Flow Model is a cornerstone that offers a basic comprehension of the inner workings of the economy. This model illustrates the movement of commodities, services, and monetary transactions while simplifying the many relationships inside an economy into a system that is simple to comprehend. The goal of the article is to explore the complexities of this model by looking at its composition, the functions of its main actors, and its wider applications in […]

Youth Unemployment

Exploring factors hindering the implementation of youth development package in addressing youth unemployment:) CHAPTER ONE 1. Introduction 1.1. Background of the study The reason for investing in young people is clear. Today, 1.2 billion adolescents stand at the challenging crossroads between childhood and the adult world (UNICEF, 2011). Youths represent 25 per cent of the working age population and account for 47 per cent (88 million) of the world’s unemployed people. An estimated 515 million young people, nearly 45 per […]

Unemployment Analysis

The U.S. Government considers a person unemployed if they are at least 16 years of age, willing and able to work, and who are actively seeking employment, but have not found a job. To be considered unemployed, someone does not have to lose a job. The unemployment rate also includes people who are returning to work, for instance, a stay at home parent returning to work. A person entering the job market for the first time, like a recently graduated […]

What are Taxes?

What are taxes, and why do people have to pay? Taxes are financial charges from our government in order to pay for our public needs, and in 2016 the government collected 3.9 trillion dollars in taxes to spend. There are many different types of taxes like income tax, federal income tax, sales tax, property tax, estate tax, and more. Twenty percent of households pay around seventy percent, and the top one percent has to pay a quarter of taxes. The […]

View of Students about Unemployment

This study considers the effectiveness of public and private sector SME-development programs and the current development of SMEs in AJK. The study presents several major findings and includes a brief review of international literature. To examine the status of small and medium-sized enterprises and their developmental strategies, a questionnaire survey was conducted among owners and top managers. A Chi-square test was used to analyze the information. The results reveal that SMEs face numerous challenges, including burdensome business rules and regulations, […]

How does the Unemployment Rate Effect the Economy?

The rate of unemployment is more than a percentage of unemployed people, it is used as key a macroeconomic indicator when determining the health of an economy. The unemployment rate is found by taking the labor force and dividing it by the number of people who are currently searching for a job, also know as the number of unemployed people. The unemployment rate is composed from three types of unemployment: frictional, cyclical, and structural. This could create a potentially serious […]

Rule of Law and Political Stability in Nigeria’s Governance and Economic Policy

Institutional qualities are the major determinant of good governance within every aspiring country. Factors such as voice and accountability, regulatory control, control of corruption, government effectiveness, rule of law, and political stability come into play. This study will focus on the rule of law and political stability as proxies for good governance. Good governance of a nation pertains to the management of the public sectors of the economy in terms of accountability, efficiency, and effectiveness, along with the free flow […]

Unemployment in the Country

An adage says "an idle hand is a devil's workshop". The enormous growth of unemployment in our society today calls for alarm, and it is expedient for all nations to figure out what leads to this great dilemma. Unemployment has messed up our society because of three major factors, such as increase in population, lack of encouragement for self-employment, and change in technology. One of the major causes of unemployment is increase in population. Increase in population is an event […]

Income Inequality and Economic Growth in Pakistan

In time series data, which indicates that increasing income inequality is likely to spur higher levels of GDP, certain examples become apparent. For instance, Shahbaz (2010) employed a time series data on Pakistan for the period 1971-2005, using the ARDL bound test approach, to determine the relationship between income inequality and economic growth in Pakistan. The results show that income inequality is positively and significantly related in both long-run and short-run with economic growth in Pakistan. Gelan and Price (2003) […]

Main Issues of American Taxes

Taxes are something every American has to do in their life. It's a responsibility that every American file their taxes. A lot may not agree with the idea of taxes up, so they don't pay them. Should I pay them? Is a popular tax question and, should taxes be the same for everyone? My goal in this paper is to see both sides of the two questions and figure the reason behind them and get a further understanding of taxes. […]

Examining GDP and Unemployment

Research over the years has shown that unemployment rates and Gross Domestic Product (GDP) figures go hand in hand. This paper aims to define and discuss GDP, and its relation to economic growth. Additionally, the paper will discuss how the use of fiscal or monetary policies can effectively battle recession and aid in the growth of the economy, and how losing a battle to a recession can severely impact unemployment and the unemployment rate, along with other factors leading to […]

Unemployment in the U.S

As indicated by the Bureau of Labor Statistics, the rate of unemployment in the United States has increased at an alarming rate. Approximately six million people in the United States are unemployed, according to deptofnumber.com. This has negatively affected the nation's economy. The statistics reveal the unemployment rates for various groups of people in the country. The rate of unemployment among men was at 7.0 percent, and approximately 6.4 percent among women. The increase in the rate of employment among […]

The Problems on Income Inequality

In this part, we continue to briefly summarize our empirical analyses based on the ARDL model techniques adopted. The findings of this study are summarized below. Firstly, the objectives of the study were analyzed using cointegration analysis tests and the ARDL bound test on the national level data, covering the period of 2004-2016. The first step taken in the cointegration test involved carrying out a unit root test for each variable and determining their order of integration. The results indicated […]

GDP and Unemployment

The gross domestic product (GDP) is the measure of goods and services produced in a country during a year (Boone 2016). When GDP is increasing, the economy is in expansion mode. When GDP is decreasing, the economy is in a recession. Economic growth occurs when the GDP increases over time. When economists use the term "economic growth," they are normally referring to sustained increases that occur over a substantial time period, rather than the quarterly changes often discussed in the […]

Unemployment in Society

When workers become involuntarily unemployed, there are several costs associated which they will unquestionably have to bear. These could come from the fact that there are certain firm-specific skills that an individual has, thus leading to scarce opportunities for individuals searching for jobs matching their specific skills (Lazear, 2003). Moreover, the costs could be associated with the model proposed by Harris and Holmstrom (1982), in which they stated that the workers have to be assumed to be risk averse and […]

An Issue of Tobacco Taxes

Tobacco tax increases could drive youth smoking into near-nonexistence if done correctly. Sin taxes are a series of taxes aimed at products deemed not beneficial or otherwise destructive ("Sin Taxes" par. 1). Taxes aimed at tobacco products, sometimes referred to as tobacco taxes, create numerous benefits for the country. Money generated by tobacco taxes is produced at the local, state, and federal levels (par. 2). Tobacco taxes create incentives to quit usage because of health benefits deriving from it (Campaign […]

Long-term Unemployment

Long-term unemployment is when workers are jobless for the time set by the federal government which may enable some to receive unemployment benefits. In order to receive unemployment benefits by the Bureau of Statistics, they must actively seek employment for at least 4 weeks prior to receiving unemployment benefits. Many unemployed people become disheartened about the possibility of receiving unemployment benefits that they just lose hope. Everyone may not be recognized in this area to show the true numbers of […]

Unemployment in Zimbabwe

Unemployment rate is equivalent to the economically active group of people that is unemployed and more so looking for jobs. During the precolonial era, Zimbabwe had one of the strongest economies in Africa and at one point dubbed the "Bread basket of Africa". The British colonized Zimbabwe and therefore in the process; managed to bring investors into the country that was rich in minerals such as gold, platinum and silver. Health sectors, education and agriculture were by far the best […]

Workforce Performance

Background The work will cover the company MyEmploysure. Its main aim is to help Australian businesses establish the workplace structures that will be compliant to the needs of the employees. Furthermore, it helps other businesses grow in what they do by managing their human resources. The service provided involves getting to know all of the legislation that has become available in the country and provide the best service in terms of differing needs of the employees. The main aim of […]

Discussion of Government and Unemployment Insurance

Discussion 1 a). Medicare is a program by the federal government in US, which offers health cover to its citizens. The package is extended to cover old people who have 65 years and above as well as young individuals who have disabilities. The health cover plays a major role in providing financial plus health security paying many medical health services to persons it covers (Edwards, 2014). Major characteristics of this program include; many people using the program have medical problems […]

Production Planning Processes

Founded in 1944, Burgmaster took a stable market position in the machine tool industry. Its stability was propagated by its turret-head drill, which was based by Fredrick Burg. Its capacity and ability to reduce production costs made the Burgmaster drill a favorite tool in the then budding aerospace industry. With the early market, dominance came bigger plans. The Burg family publicized the company in 1961 by issuing stock on over-the-counter market (Misa & Thomas 174). Five years down the line, […]

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How to Write Essay About Economics

Economics and finance are closely related fields of study within the STEM subjects in college, often presenting a significant challenge to many students due to their complex theories and intricate mathematical models. The similarity in their foundational concepts can sometimes lead to confusion and difficulty in grasping the distinct nuances of each discipline. However, students facing these struggles have a reliable ally in Papersowl, an academic support platform that specializes in providing expert finance assignment assistance , economics homework help and other STEM subjects.

Crafting an essay on economics requires a clear understanding of economic theories, principles, and their real-world applications. Here's a comprehensive guide to help you write a well-structured and insightful economics essay:

Understanding the Essay Topic

Begin by thoroughly understanding the specific aspect of economics you're discussing. Economics covers a wide range of topics, from microeconomic concepts like supply and demand to macroeconomic issues like inflation or international trade. Determine the nature of the essay – is it analytical, argumentative, or descriptive? This will shape your approach and style of writing.

Conducting Comprehensive Research

Research is key to a successful economics essay. Utilize credible sources, including academic journals, economic textbooks, and reputable online resources. Focus on gathering data, statistics, case studies, and expert opinions that are relevant to your topic. Understanding both historical contexts and current economic trends can provide a comprehensive perspective on the subject.

Developing a Thesis Statement

Your thesis statement should clearly articulate the main argument or perspective of your essay. In economics, this might be a stance on a particular economic policy, an analysis of an economic trend, or an argument about a specific economic theory. Ensure your thesis is concise, direct, and lays the groundwork for your argument.

Planning the Essay Structure

Organize your essay in a clear, logical manner. Start with an introduction that sets the context and outlines your thesis statement. In the body, divide your main points into paragraphs, each focusing on a specific aspect of your argument. Use examples, data, and economic theories to support your points. Conclude by summarizing your main arguments and restating your thesis in light of the evidence you've presented.

Writing the Essay

Use clear and precise language in your writing. Economic concepts can be complex, so it's important to explain them clearly and avoid unnecessary jargon. Present your arguments logically, supporting them with data and examples. Be analytical and critical, especially when discussing economic models and theories.

Incorporating Data and Analysis

Economics essays often rely on data and statistical analysis. Ensure that any data used is relevant, up to date, and accurately interpreted. Graphs and charts can be effective in illustrating economic trends and relationships. Analyze the data to demonstrate how it supports your argument or provides insights into the economic issue you're discussing.

Citing Your Sources

Proper citation is essential in academic writing. Use an appropriate citation style (such as APA, MLA, or Chicago) and consistently cite all your sources, including data, theories, and quotations.

Editing and Proofreading

Review your essay for clarity, coherence, and logical flow of ideas. Check for accuracy in your economic arguments and ensure that your analysis is thorough. Proofread for grammar, spelling, and formatting issues. It can be beneficial to have someone else read your essay for feedback, especially if they have knowledge in economics.

Writing an essay on economics involves balancing in-depth understanding of economic theories and real-world examples, critical analysis, and effective communication. By carefully researching your topic, structuring your essay logically, and presenting your arguments with clarity and precision, you can create a compelling and informative economics essay that demonstrates your grasp of this dynamic field.

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Essay Samples on Economics

Economics relates to one of the most complex academic tasks because it is always a very complex mixture of calculations and analysis. Some students choose case study writing as a solution, yet it’s not always efficient because one should know the subject well and provide the facts. The purpose of most essays on economics is to explain why a certain method is the most efficient and what solutions can help achieve success or explain the challenges. See economic essay examples as a better way to learn and see how to structure your writing and what parts are essential for your essay. Don’t forget that your grading rubric will contain helpful information that will help to narrow things down. Take your time to explore economics essay examples because these address all the possible subjects and essay types related to economics. If you are unsure about your essay’s structure, use these samples as a writing solution and see if you can fit things within your word count. It’s always helpful if you can start with an outline first and take notes about the key arguments that you would like to make or certain limitations that will help you to address the problem.

Cosmetology Career Goals: Pursuing Beauty and Creativity

Cosmetology career goals weave a tapestry of aspirations centered around the art of beauty, self-expression, and transformation. In a world where appearance plays a significant role, cosmetologists take on the role of artists, enhancing natural beauty and boosting confidence. This essay delves into the importance...

• Career Goals
• Cosmetology

The Impact of High Gasoline Prices on Various Fields

The fluctuations in gasoline prices have a significant and widespread impact on economies, societies, and individual households. This essay explores the multifaceted impact of high gasoline prices, encompassing economic effects, environmental considerations, and social implications. Economic Effects High gasoline prices can have far-reaching economic repercussions....

Advantages and Disadvantages of E-Commerce: Navigating the Digital Marketplace

E-commerce, or electronic commerce, has revolutionized the way businesses operate and consumers shop. The rapid growth of online platforms has brought both significant advantages and notable disadvantages. In this essay, we will explore the benefits and drawbacks of e-commerce, shedding light on how this digital...

Unraveling Theories of Inflation in Economics and Its Problem Nature

Inflation is the continual rise in prices, this is also known as a monetary problem. There are different monetary policies in order to keep inflation below a certain level one of these consist of inflation targeting which allows banks to keep a good stability on...

• Economic Problem

Why Online Shopping Is Better Than In Store Shopping: a Comparison

Information and communication technologies have a huge influence on modern society, changing how as well as where people work, shop and other ways of our lives. It is not a surprise to see how people are now choosing online shopping instead of in-store shopping. Especially...

• Online Shopping

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Public Debt and its Sustainability: Literature Analysis

Introduction The global financial crisis of 2008 triggered a shockwave of sudden awareness amongst all who were able to jump the metaphorical sinking ship in time. Others weren’t as lucky; Lehman Brothers sunk with a bang of almost $US 800billion and shocked the world quite...

• Gross Domestic Product
• Literature Analysis

Environmental Adaptation Challenges in Developing Asian Countries

Economics and the environment have a close relationship to each other. Especially in Asia where there is some arguments about whether they should prioritize economic development for the present, and address the cost of environmental damage in the future. However this essay will show that...

• Economic Development
• Environmental Issues

The Sharing Economy - a New Paradigm in Consumerism

With the rise in technology, people are able to communicate and conduct business through the use of the Internet and social networks. This has led to a sharing economy, where consumers can connect and exchange goods and services. Starting a company in a shared economy...

• Consumer Behavior
• Effects of Industrialization

Analysis of Current Changes Affecting the Fashion Industry

There are many kinds of industries that have greatly and directly impacted people’s lives. The fashion industry is one of them. Since the beginning of time until now, people’s sense and interest in their fashion styles have changed, and so does the fashion industry. When...

• Modern Technology

Exploring Material, Structural, and Cultural Explanations to Poverty

The poverty line, which was used in 2014 in the Britain and the European Union was used to describe individuals living on or below the 60% median income and distinguishes those who are poor. In 2012-2013 there were 21% of the population in Britain living...

• Income Inequality

The Global Impact of the Clothing Industry: Defining Consequences

The global clothing industry has a very wide reach, encompassing all countries on Earth. Clothes are a necessity of life, people need to be protected from the elements to survive and this is what clothes do. But to what extent do we need clothes and...

• International Trade

Analysis of the Controversy Surrounding Military Spending

Should the government decrease military spending, or should it increase military spending? This is a question that many Americans wrestle with, and politically speaking, is a point of great contention since to many, military might evoke a sense of security. However, when considering this question...

• Monetary Policy

Breaking the Cycle: Exploring the Interplay of Poverty, Education, and Corruption

Poverty is having a low financial income to meet one's basic needs. Living in inhumane conditions and lacking means and resources to provide necessities such as food, clothing and shelter. Inability to maintain a healthy standard of living in terms of life. Poverty is the...

Automotive Energy Industry: Analysis of Tesla Motors

Many societies are sorely dependent on economies they have set up towards sustenance in the world which are in turn backed up by different kinds of industries. The Automotive Energy Industry is one of the most important among all other kinds of industries out there...

• Business Analysis
• Tesla Motors

An In-Depth Analysis of Military Industrial Complex

It has been observed with the passage of time that the military industry has been progressing in terms of their technology as well as their capabilities of production. According to the study it has been observed that in postmodern era, military production plays an important...

Exploring the Importance and Benefits of the Infrastructure Industry

Infrastructure industry managed to set itself as a separate asset class within alternative investments that continuously attracts hefty financial allocations mainly due to its characteristic traits. In the case of this particular sector, however, the investment is a major two-way street, as it also ensures...

• Infrastructure

Unlocking Financial Literacy: Exploring the World of Finance and Money Management

Finance is a business term that is associated with banking, investments, capital, debt and credit. Managing money, such as balancing a checkbook, involves finance. At one point in every person's life, one must deal with finances. An important topic among finance is assets and liabilities....

• Personal Finance

A Critical Role of Corporate Governance System in Banks

Corporate governance in banks is a critical issue that has garnered significant attention in recent years. Banks are essential financial intermediaries that play a crucial role in the economy, and their stability is essential to ensure financial stability in the broader economy. Therefore, it is...

• Corporate Governance

The Issue of Financial Indistinctness of the US Federal Government

Budget, allocation of resources, and overspending are all viable issues that are plaguing the United State federal government. Amidst congressional debates and the government shutting down at an alarming rate, the government should be more transparent in showing its constituents how it spends their hard-earned...

• American Government
• Federal Government

Economic Success and Development: China Case Analysis

At present, many growing nations give a boost to the economic development. China is a correct example. After opening reform, Chinese economic system has saved rapid development for 30 years, which has already grown to third largest economies in the world. China is a massive...

• Economic Growth
• History of China

An In-Depth Review of Industry 5.0 and Its Impact on Society

The fact that automation could someday take over all human jobs is an idea that has haunted mankind ever since artificial intelligence first took root. Well, those fears are finally coming true. Studies show that robots could displace 20 million jobs in the manufacturing industry...

Free Market Economy: Examining Its Advantages and Disadvantages

A free market is a market that the government is not involved in. The lack of control gives opportunity to set prices between product, supply, and consumer demand. It is totally opposite to government-enforced price controls, as seen in many socialist and communist countries. Lack...

The Growing Concern About Unemployment Among Graduates

Unemployment is one of the most unsatisfied words that puts most of the graduates in depression, which means the unemployed who are actively and drastically searching for jobs. Unemployment is a fundamental economic factor due to the current cost of unemployment which is high and...

• Social Problems
• Unemployment

How to Reduce Unemployment: What the Government Can Do for People

Unemployment is defined as 'People willing and able to work at the current rate of pay but who are unable to find a job'. There are a number of types of unemployment, including structural, cyclical, seasonal and frictional unemployment. Unemployment is a key measure of...

Unemployment as Current Social Problem in South Africa

The term unemployment referred as situation when a person who is actively searching for employment is unable to find work unemployment is considered to be a key measure of the health of the economy. Unemployment as a social problem is discussed in this essay as...

• Economic Inequality

The Inter-Relation Between Poverty and Unemployment in Nepal

Nepal is a lovely South Asian landlocked nation lying on the laps of the Himalayas. The total area of Nepal is about 1, 47,516 square km. Nepal is surrounded by two giant nations, China in the north and India in the rest of the sides....

Evaluation of UK Manufacturing: Causes of a Slowdown in Growth

Any business needs to produce some kind of services or goods for sale, and in order to do so, the firm must transform inputs into output. When it comes to production decisions, this just simply means that the producers take into consideration availability, market demand,...

• Manufacturing
• Supply and Demand

Business and Society: the Fairer Economic System for the Society

While researching the three different economic systems I became torn on the decision of which system I considered to be fairer on society. I am torn between capitalism and socialism as I believe both systems are fair in their own way. Capitalism is an economic...

• Economic systems

Pharmaceutical Plants: Creating 'New Drugs' as Manufacturing System

We describe 'Pharmaceutical Plants' as those cultured species that are cast-off for the abstraction or grounding of beneficial substances such as active pharmaceutical constituents, excipients used in pharmaceutical inventions, inoculations and antibodies, as well as other satisfying proteins. Based on the type of pharmaceutical invention,...

• Pharmacology

What Is the Importance of the Economy and Its Systems

To start with, throughout the History economy has been existed but in different ways in which Karl Marx classified history based on economy, which demonstrate that economy changes over time and diverse from a country to another therefore this paper give us more details about...

• World History

Is the American Dream Dead: the Way We Can Resuscitate It

The gap between the richest and the poorest in the United States is increasing since past 40 years — killing the American Dream. America supposed to be a land of opportunity, however compared to other developed countries, it has highest level of economic inequality. For...

• American Dream

Terrorism as a Threat to Society: How It Affects Our Lives

Terrorism has been around for thousands of years. Domestic terrorism and destructive terrorism are the two main types of terrorism. Domestic terrorism is the committing of terrorist acts in the perpetrator's own country against their fellow citizens. An example of destructive terrorism is 9/11. Before...

The Causes and Effects of Terrorism: a Comprehensive Analysis

Terrorim is the use of violent means to achieve political or social and religious gain effects global citizens. Terrororism can affect individuals and nations across the globe in numerous different ways. The mental and economic effect are some of the most severe impacts of terrorist...

The Two Largest Economic Systems: Socialism and Communism

Over the course of history, socialism and communism have been two of the most disputed topics among people and government officials. Socialism is an economic and political system where the ways of making a living are owned by the workers who run them and the...

Postulates and Principles of Islamic Moral Economic System

In this paper we will take a short review of main principles and postulates, its subsequent objectives of the Islamic moral economic system.  Tawhid or the Unity of God is the fundamental principle of IME. It refers to the human beings being equal before the...

How the Global Economic System is Gradually Destroying the World

Climate change is a challenge we are facing in the 21st century. With global temperatures increasing day by day, frequent floods, droughts, and famine, melting of snow caps and emission of carbon dioxide have impacted our lives negatively. The global economic system has contributed immensely...

• Global Warming

Effects of COVID-19 Pandemic on Manufacturing Processes

According to the United Nations Statistics Division, in 2018, China accounted for 28% of global manufacturing. Chinese manufacturing sector contributed approximately $4 trillion in 2018. However, in 2020, global manufacturing saw the steepest contraction since 2009 as coronavirus impacted China, severely affecting the global supply...

Summary of Fundamental Traits of a Market Economic System

A market economy is when production is regulated through the concepts of provide and demand. However, that's now not truly what a market economy is. The market financial system works when it extracts the most ultimate amount of cost from a buy or trade. See,...

• Comparative Advantage

Budgeting and Types of Personal Budget

Budget can mean different things for different people, but in each case, it is used as an effective tool for achieving a wide range of short and long-term financial objectives. Contrary to popular belief, budgeting is not a cut-and-dry, one-size-fits-all process. Rather, it needs to...

My Interest in Finance Studies and Career

Right from my day one as an undergraduate in Project Management Technology, I have been searching for answers, clues on what to make out of the discipline I was offered as against Electrical Electronic Engineering I applied for. The answer did not come until in...

• Academic Interests
• Corporate Finance

Romanticism and Western Industrialization: The Evolution of Creative Freedom

When it comes to discussing or learning about Romanticism, it is automatically taken with care and respect as everyone can acknowledge this is the basis of society, classic. And that is exactly what is being relayed in the writing of the text. The literal title...

• Industrialization
• Romanticism

Budgeting Technique to Build a Stable Financial Future

There’s nothing like the feeling of independence of when you’re in college, but since it’s the first time away from home for many, This is the time when most young people use their first debit/credit cards, take out their first loans, and write their first...

Tragedy of the Common: The Economic and Ethical Use of Natural Resources

Introduction The issue of whether the environment should be protected for economic rather than ethical reasons has been widely debated in our community recently. It is an important issue because it concerns fundamental moral and economic questions about the way we ensure sustainability of the...

• Natural Resources
• Tragedy of the Commons

Tragedy of the Commons: Excessive Use of Finite Resources

When talking about political ecology, we can find many theories to explain complex findings. According to Osborne, political ecology is not only limited on a local or national level, but it is focusing on environmental issues around the world. (Osborne, 2015, p. 67). The world...

The Worrying Issue of Globalization and Tragedy of the Commons

Globalization as its defined is the process by which businesses or other organizations develop international influence or start operating on an international scale, however the word’s used today has developed to include more than just business. It can be used to define the movement of...

• Globalization

The Consequences and Effects of Tragedy of the Commons

“An overpopulated world, a system of the commons leads to ruin....Even if an individual fully perceives the ultimate consequences of his actions he is most unlikely to act in any other way, for he cannot count on the restraint his conscience might dictate being matched...

• Population Growth

Real Estate Agent: What Are His Responsibilities

A real factor helps sell, purchase or rent property to folks. The property includes residential, commercial, and industrial real estates. Anyone should buy a house while not a property agent. However, involving associate degree agent is advantageous. assets agents handle the work and licensing thence...

• Real Estate
• Real Estate Agent

What Should Be a Real Estate Agent

Selling or buying a home single handedly is frustrating. You may vigorously be in pursuit of prices forgetting other vital considerations. Hiring a real estate agent can help you make the most satisfying decisions. With the vast knowledge they have, they can efficiently market your...

What Is Globalization For Today's World

Globalization is the cost-free movement of individuals, goods, and also solutions throughout boundaries. This activity is handled in a linked as well as incorporated manner. Even more, it can be seen as a system to open the global economic climate along with the connected growth...

• Globalisation

Why Agriculture Is Important Field

Imagine not being able to eat your favorite food, or not being able to go to your favorite restaurant, or not being able to have Thanksgiving or Christmas feast with your family or being able to go trick or treating. The question that connects this...

• Agriculture
• Factory Farming
• Organic Farming

Why The Rich Are Getting Richer And The Poor Poorer

Note by rich we are not talking of those who steal or corrupt individuals , we are referring to genuine business men and women. One question that keeps bothering the minds of people is : why the rich are getting richer and the poor, poorer,...

• Income Wealth Gap

Cost of Wealth: Should Rich People Pay More Taxes

Should the rich pay more taxes? When it comes to the richest 10 percent and the average American, they are some clear differences, but the most obvious issue is taxes. When looking at this problem from an economic standpoint, it makes sense that they pay...

• Money and Class in America
• Wealth of Nation

The UK Housing Crisis and Forms of Market-Based Housing Provision

The UK housing crisis is an intensely debated issue which has been at the forefront of many political, academic, and media debates. It can be attributed to over three decades of neoliberal housing policy, the ramifications of which are more far reaching than anyone could...

• Housing Market

Attitudes Towards Consumerism in Contemporary Art

In this essay I will be using information gathered from my own personal research, studio research and relevant topics discussed throughout the lectures. Whilst also, considering social, economic, and cultural factors. I will be discussing and analyzing attitudes towards consumerism in Contemporary Art. Built from...

• Art History
• Consumerism
• Contemporary Art

Growing Global International Threats and Defense Strategies

Henry Kissinger was not entirely incorrect when he said “today’s threats more frequently arise from the disintegration of state power and the growing number of ungoverned territories.” However, there are currently several threats are reemerging in the world from a strengthening of power. Some of...

• International Politics
• International Relations

The Characteristics of a Consumer Society in the UK by Zygmunt Bauman and Sharon Zukin

From around the 1970’s and 1980’s, the society in the UK shifted their economy from one focused on industrial, mass production and consumption to a more services-based society characterised by what it consumed. Since then, society has become defined not only by what it consumes...

Cost-Benefit Analysis and Individual’s Willingness to Pay

Economic methods such as Cost-Benefit Analysis (CBA) are used to aid decisions, many of which encompass natural resources and environmental problems. Approaches including Contingent Valuation (CV) may be used to provide a monetary value to these cost/benefits. In the context of the question, the lack...

• Cost Benefit
• Mercantilism

The Role of Creative Industries in the United Kingdom

In this essay I will go over and talk about the creative industries and the role they play in the United Kingdom, I will look at the history and the development of the Creative Industries and their sectors. I will then look at the wider...

• Great Britain

Gold: One of the Most Expensive Metals on Earth

Being one of the first metals to be discovered, gold throughout history has always had a rich past from its use in ancient Egypt, Greece, Rome and Africa. It has been used within their culture for thousands of years, and has been essential to their...

Baby Boomers vs Others: The Interesting Generation Gap

You would see Baby Boomers complaining about millennials whereas the silent generation also had complains about Baby Boomers and vice versa. It seems to be going on since the start of mankind. Infact, the generations that have existed uptil now had some differences among them....

• Baby Boomers

Cultural Capital: Main Topics of Conflict

Capital - 'accumulated labour' Economic Capital - easily translated to money Social Capital - made up of social connections that can be transformed into economic capital Cultural Capital – in the form of books or writings, can be institutionalised through the education system The ability...

• Cultural Capital

The Poisonousness of Gift as an Expressive Mode for Group Morality

It is interesting to note the menace implied in the etymological origin of “gift” (in German’s case, “Gift” as every single common noun is capitalized) in Germanic languages German, Dutch, Danish and Swedish and other linguistic relatives such as French and Greek, Old Norse etc....

• Gift Card Industry

The Persistence of Mutual Fund Performance in Europe

The starting point of our analysis is the model of Berk and Green (BG), who characterize the competitive provision of capital to mutual funds. In their model, investors learn about managerial ability from past returns and demand shares of all funds with positive expected risk-adjusted...

• International Business
• Persistence

An Important Fading of the Trade Union Programmer

The workplace production of forums by the I.RA in South Africa was meant 'to enable a shift, at the workplace, from adversarial! Shared negotiating to joint problem-solving and participation on certain matters. This attempt met with strong resistance from the trade unions, which were afraid...

• Trade Union

Non-profit and For-Profit Organizations

Non-profit and for-profit organizations share similarities and also have their differences. For-profit organisations stray far from non-profit organisations in their motives; for-profits are driven to boost revenue where non-profits hold more selfless motives and won’t suffer financial difficulties or loss. This difference flows into their...

• Non-Profit Organization
• Organization

The Creation and Commercialisation of Chewing Gum

The idea of chewing gum was evident long before the creation and commercialization of what we know today as chewing gum. Within groups such as Mayan Indians, early American Indians, and the ancient Egyptians, it was popular to chew tree resins, sweet grasses, waxes, and...

• Chewing Gum
• New Product Development

Banking Institution and Financial Market

Traditional banks have been the key players in the financial market, building customer base; on trust, loyalty, capability and efficiency. Customers see these banks as the best and only option to transact in the financial market- the back-end system that drives the banking institution, which...

Implementation of the 1994 North American Free Trade Agreement (NAFTA)

Essentially every major event and political shift in history has been the product of various triggers building up to their occurrence, and in Mexico’s history, this holds true. In this essay, I will discuss the main factors behind the conception and implementation of the 1994...

Numerous of Oligopoly Firm and Market

In this era of competitive market, there are numerous of oligopoly firm that located at every country. In Malaysia, one of the well-known oligopoly company is TESCO, it is a British multinational retailer that founded in 100 years ago, which is 1919 in England by...

Dynamics of Landscape Transformation During Coal Mining

In some cases, between the first stage and the subsequent development of mining operations, some time delay may occur due to organizational, economic, and other costs. During this time, the transformed landscape can catch time and grow vegetation, until the appearance of thickets of woody...

• Anthropology
• Coal Mining

Johnson & Johnson Project Plan Outline

The Johnson & Johnson Project Plan Outline will address how the company can improve its negative impact by developing products using green and natural ingredients that are not harmful to the consumer, products that have no carcinogens, most of Johnson and Johnson’s litigation originate as...

• Corporate Culture
• Johnson and Johnson

Purpose of Financial Information from the Perspective of Various Shareholders

A stakeholder is either an individual, group or company who is affected by the result of a task. They have an enthusiasm for the achievement of the project, and can be inside or outside the association that is supporting the task. Stakeholders can be internal or...

• Cost Accounting
• Stakeholders

Equity as the Quality of Being Fair and Impartial

Many people think these two words are the same, and others refuse to agree with that type of logic, but the real thing that defines both words are how people act with them. The definition of equity is the quality of being fair and impartial...

The Effectiveness of Internal Audit Control

This piece of writing is about the proposal of the research where the topic is evaluation of the effectiveness of internal audit control and its impact on profits in UAE banking sector, case of ADIB. The proposal will give brief information on the future target...

• Internal Control

Ronald Reagan's Speech On Capitalism And Communism

Reagan's speech was delivered to crowd of thousands while at the Berlin Wall to order Gorbachev bring the wall down to protect citizens freedoms. By arguing against the wall, the president would be able to repress communism which is what George Kennan attempted to do...

• Ronald Reagan

The Different Ideologies Of Capitalism, Socialism And Communism

The two belief systems are altogether different, they are both financial frameworks dependent on how society should function and its objective. Free enterprise depends on the normal challenge of creation in ventures and ranches for instance while communism is driven by balance with various classes....

Too Much Money Is A Bad Thing: Controlling The Money Demand

Recent advancements in information technology and technical innovations in general have revolutionized trade and commerce and contributed to existing literature in the modern world. High-speed and low-cost data transfer that was made possible by information technology, created an excellent platform for e-commerce to grow rapidly....

Life In Canada Is Better Now Than 50 Years Ago

The first criterion for which Canada would be considered a better country are the voting rights. It allows the country to be better represented, as everyone eligible has the opportunity to vote. In the past, certain races, as well as women, were discriminated against, and...

The Costs Of Moving Towards The Cashless Society

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How to Write a Good Economics Essay

Last Updated: July 16, 2024 References

This article was co-authored by Emily Listmann, MA . Emily Listmann is a Private Tutor and Life Coach in Santa Cruz, California. In 2018, she founded Mindful & Well, a natural healing and wellness coaching service. She has worked as a Social Studies Teacher, Curriculum Coordinator, and an SAT Prep Teacher. She received her MA in Education from the Stanford Graduate School of Education in 2014. Emily also received her Wellness Coach Certificate from Cornell University and completed the Mindfulness Training by Mindful Schools. This article has been viewed 130,544 times.

A good economics essay requires a clear argument that is well-supported by appropriately referenced evidence. Research your topic thoroughly and then carefully plan out your essay. A good structure is essential, as is sticking closely to the main essay question. Be sure to proofread your essay and try to write in formal and precise prose.

Preparing to Write Your Essay

• For example a question such as “Discuss the macroeconomic consequences of rising house prices, alongside falling interest rates” could be divided into 2 parts: 1 part could be on the effects of rising prices, and 1 on the effects of falling interest rates.
• In this example you could begin by discussing each separately and then bringing the 2 together and analysing how they influence each other.
• Be sure to keep the question at the forefront of your mind and don’t veer off topic. [1] X Research source

• Be sure that you understand all the key terms that you are being asked about.
• Try to keep your reading focussed closely to the essay question.
• Don’t forget to look at any lecture or class notes you have made.
• 3 Come up with a thesis statement . A thesis statement is the main argument you will make in your essay. It should be 1-2 sentences long and respond to the essential question that’s being asked. The thesis will help you structure the body of your essay, and each point you make should relate back to the thesis.

• Once you have put together a list of key points, then try to add in some more detail that brings in elements from your research.
• When you come to write out your essay, you can develop a paragraph based on each point.

• All of the evidence and explanation will be in the main body of the essay.
• Order the key points in the body of your essay in such a way that they flow logically.
• If you are writing a longer essay, you can break the main body into different sections. [2] X Research source
• If you have a word limit, be sure to take this into account when you are planning.
• Allocate yourself a rough number of words per section.
• The introduction and conclusion can be just a paragraph each.

Writing the Essay

• What your essay is about.
• What material you will cover in the essay.
• What your argument is. [3] X Research source

• Having this stated clearly at the start can help you to stay focussed on the question as you work your way through the essay.
• Try writing out this one or two sentence statement and sticking it up in front of you as you write, so it’s stays at the forefront of your mind.

• Try to begin each paragraph with a sentence that outlines what the paragraph will cover.
• Look at the opening sentence of each paragraph and ask yourself if it is addressing the essay question. [5] X Research source

• Try to engage with arguments that run counter to yours, and use the evidence you have found to show the flaws.
• It might help to imagine someone reading the essay, and anticipating the objections that he might raise.
• Showing that you have thought about potential problems, and you can make an argument that overcomes them, is a hallmark of an excellent essay. [6] X Research source
• If there is conflicting evidence, discuss it openly and try to show where the weight of the evidence lies.
• Don’t just ignore the evidence that runs counter to your argument.

• In the conclusion you can add a few sentences that show how your essay could be developed and taken further.
• Here you can assert why the question is important and make some tentative suggestions for further analysis.

Proofreading and Making Revisions

• As you read through it, think about how closely you stick to main overarching question.
• If you notice paragraphs that drift off into other areas, you need to be tough and cut them out.
• You have a limited number of words so it’s essential to make every one count by keeping tightly focussed on the main question.

• Think about how you use the evidence too. Do you critically engage with it, or do you merely quote it to support your point?
• A good analytical essay such discuss evidence critically at all times.
• Even if the evidence supports your argument, you need to show that you have thought about the value of this particular piece of data.
• Try to avoid making any assumptions, or writing as if something were beyond dispute.

• Remember an academic essay should be written in a formal style, so avoid colloquialisms.
• Avoid contractions, such as “don’t”, or “won’t”.
• Try to avoid paragraphs that are more than ten or fifteen lines long.
• Think about how it looks on the page. [8] X Research source

• Always include a bibliography, but don’t include references to things you haven’t read or didn’t inform your argument. [9] X Research source
• Your teacher will know if you just add a load of titles into your bibliography that are not evidenced in the body of your essay.
• Always follow the bibliography format used by your department or class.

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You Might Also Like

• ↑ http://www.economicshelp.org/help/tips-economic-essays/
• ↑ http://www.writing.utoronto.ca/advice/planning-and-organizing/organizing
• ↑ http://carleton.ca/economics/courses/writing-preliminaries/academic-essay-writing/
• ↑ https://www.economicsnetwork.ac.uk/archive/lse_writing/page_11.htm
• ↑ https://www.royalholloway.ac.uk/economics/documents/pdf/essaywriting-departmentofeconomics.pdf

About This Article

Before you begin writing your economics essay, make sure to carefully read the prompt so that you have a clear sense of the paper's purpose and scope. Once you have read the prompt, conduct research using your textbook and relevant articles. If you cannot find research materials, ask your instructor for recommendations. After your research is done, construct a 1-2 sentence thesis statement and begin outlining your main ideas so that your essay will have a clear structure. Make sure to leave time to write a draft and revise your work before it is due. If you want to learn more, like how to cite the sources you used for your essay, keep reading the article! Did this summary help you? Yes No

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Macro Economic Essays

These are a collection of essays written for my economic blogs.

Exchange Rate Essays

• Effects of a falling Dollar
• Why Dollar keeps falling
• Discuss Policies to Stop the Dollar Falling
• Does Devaluation Cause Inflation?
• Benefits and Costs of Falling Dollar
• Reasons for Falling Dollar
• The Dollar as the World’s Reserve Currency

Economic Growth Essays

• Evaluate Benefits of Economic Growth
• Essays on Recessions
• Causes of Recessions
• Problems of Recovering from a Recession
• What can Increase Long-Run Economic Growth?
• Discuss Effect of a fall in the Savings Ratio

Inflation Essays

• Discuss the Difficulties of Controlling Inflation
• Should the aim of the Government be to Attain Low Inflation?
• Explain What Can Cause a Sustained Increase in the Rate of Inflation
• Reasons for low inflation in the UK
• Inflation Explained
• Difficulties of Inflation targeting
• Hyperinflation

Unemployment Essays

• Explain what is meant by Natural Rate of Unemployment?
• Should the Main Macro Economic Aim of the Government be Full Employment?
• The True Level of Unemployment in the UK
• What explains low inflation and low unemployment in the UK?

Demand Side Policies

• Discuss effect of Expansionary demand-side policies on Balance of Payments and Environment
• Effects of a Falling Stock Market
• How do Mortgage Defaults affect and Economy?
• Discuss the effect of increased Government spending on education
• Phillips Curve – Trade-off between Inflation and Unemployment

Development Economics

• Why Growth may not benefit developing countries
• Does Aid Increase Economic Welfare?
• Problems of Free Trade for Developing Economies

Fiscal Policy

• Will US Economy benefit from Tax Cuts?
• Can Fiscal Policy solve Unemployment?
• Explain Reasons for UK Current Account Deficit
• Benefits of Globalisation for Developing and Developed Countries

Monetary Policy

• Discuss Effects of an Increase in Interest Rates
• How MPC set Interest Rates
• Benefits of High-Interest Rates (and recessions)
• Who Sets interest rates – Markets or Bank of England?

Economic History

• Economics of the 1920s
• What Caused Wall Street Crash of 1929?
• UK economy under Mrs Thatcher
• Economy of the 1970s
• Lawson Boom of the 1980s
• UK recession of 1991
• The great recession 2008-13

General Economic Essays

• The Dismal Science
• Difference Between Economists and Non Economists
• War and Recessions
• The Economics of Fear
• The Economics of Happiness
• Can UK and US avoid Recession?
• 3 Of the Worst Economic Policies
• Overvalued Housing Markets
• What Went Wrong with US Economy?
• Problem with Bailing out financial sector
• Problems of Personal Debt
• Problem of Inflation
• National Debt in the UK
• How To Survive a Recession
• Can A recession be a good thing?

Chinese Economy

• Problems of Chinese Economic Growth
• Should we worry about a strong China
• Chinese Growth and Costs of Growth
• Chinese Interest Rates and Economic Growth

Model essays

• A2 model essays
• AS model essays
• Top 10 Reasons For Studying Economics
• Inflation explained by Victor Borge
• Funny Exam Answers
• Humorous look at Subprime crisis