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130 Excellent Economics Research Topics To Consider

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Are you an economics student searching for good topics for your research paper? If yes, then keep on reading this blog. To make the topic selection process easier for you, here we have suggested a list of the best economics research topics on various areas associated with the subject. In addition to that, we have also presented a brief overview of economics research paper topic selection and writing.

Quickly explore the entire list and choose any ideal topic for composing your economics thesis or dissertation.

Economics Research Paper Topic Selection and Writing

Have your professor asked you to submit an economics research paper? If yes, then topic selection is the first step you should do. In case, your supervisors had not suggested any research ideas, make sure to choose a unique economics research topic that you are interested in. The topic you choose should be understandable for you and your readers, and it should also have a wide research scope with the necessary information for crafting a comprehensive research paper or essay.

After you have selected a research topic for your economics assignment, sketch an outline with the research ideas that you have gathered. Then, with the help of the essay outline you have prepared, draft the research paper in a well-structured manner by including the essential elements such as the introduction, body, and conclusion.

The introduction paragraph of your research paper should have a catchy opening sentence, brief background information on the topic, and a strong thesis statement addressing the purpose of your research paper. After the introduction, in the body paragraphs, you should include innovative topic sentences and explain your arguments with supporting evidence in a way to persuade your reader. Then, you should finally close your research paper with an engaging conclusion that contains a brief summary of the main points.

List of the Best Economics Research Paper Topics

You may think that it is easy to choose a research topic for your economics research paper. But actually, it is not. As economics is a complex and broad subject, choosing a perfect research topic from it is a daunting task.

If you are asked to write an economics research paper or essay, then you can prefer to choose a topic from economics research areas such as macroeconomics, microeconomics, behavioral economics, agricultural economics, development economics, financial economics, and so on.

Here, we have sorted different categories of economics topics and have recommended a list of excellent economics research topic ideas for you to consider. Go through the entire list and pick a topic that is ideal for writing academic papers as per your instructor’s requirements.

Economics Research Topics

Agricultural Economics Research Topics

  • Farmer’s contribution to agricultural social capital.
  • Agricultural economics and agribusiness.
  • An analysis of economic efficiency in agriculture.
  • Agricultural and resource economics.
  • Agricultural economics and environmental considerations of biofuels.
  • Analysis of food security and poverty status among households in Ehime Mbano
  • Role of bank loans and credit facility in financing Nigerian agriculture sector: a case study of Nigeria agricultural cooperative and rural development bank
  • Evaluation of the impact of micro-finance banks on the South African agriculture sector
  • How poultry farming is becoming a veritable tool for the economic empowerment of South Africa?
  • Critical analysis of the problems and prospects of agriculture financing in rural India

Behavioral Economics Research Paper Topics

  • What does the economy of trust mean?
  • How does the brain change when a person is striking a great deal?
  • The impact of economic stability on the social life of a person
  • The buying capacity and gender
  • How does race relate to economic power?
  • Big data and its implications for behavioral economics
  • The impact of behavioral finance on investment decisions.
  • Cognitive and behavioral theories in economics.
  • Behavior implications of wealth and inequality.
  • Using behavioral economics to help in reducing substance abuse

Development Economics Research Topics

  • The relation between development and incentive for migration.
  • The economic consequences of population growth in developing countries.
  • The determinants of high-performing institutions in emerging economies
  • The impact of globalization on income distribution in emerging economies
  • The problems of tax and taxation in connection with economic growth.
  • The economic impact of terrorism on developing markets.
  • Investigate the relationship between family planning, labor force, and income fluctuations.
  • The impact of natural disasters on the economy and political stability of emerging markets.
  • Budgeting and decision-making by low-income earners in emerging economics
  • The impact of multinational commodity trading through the development of economic perspective.
  • Compare and contrast the impact of demand-pull inflation and cost-push inflation on a country’s economy
  • Discuss the impact of multinational commodity trading through the perspective of development economics
  • Discuss the concepts of mercantilism, linear stages of growth model, economic nationalism, and structural-change theory
  • Investigate the relationship between unemployment and fluctuations in national income
  • Compare and contrast the economic patterns of villages across Papua New Guinea

Environmental Economics Research Paper Topics

  • Explain the energy markets’ economic potential.
  • How does global warming affect economic growth?
  • How technological advancement leads to economic growth
  • Evolution of economic institutions concerning climate change
  • Cost-benefit analysis of the regulation of the environment
  • The economic perspectives of the distribution of natural resources across boundaries
  • The relationship between financial subsidies and the generation of eco-friendly products
  • Detailed analysis of the European Union Emission Trading System
  • Why it’s important to analyze the economics of clean drinking water
  • How wildlife protection affects the economy

Read more: Outstanding Environmental Science Topics for You to Consider

Financial Economics Research Topics

  • Risk-taking by mutual funds as a response to incentives.
  • Financial economics for infrastructure and fiscal policy.
  • Managerial economics and financial accounting as a basis for business
  • The analysis of the global financial crisis of 2020
  • Stock market overreaction.

Health Economics Research Ideas

  • How do chronic diseases affect the workforce and the economy?
  • How can public hospitals optimize their revenue collection?
  • The economics of the pharmaceutical industry
  • How an unhealthy country translates into a poor country
  • Is the world’s hunger affected by economics?
  • How does perfect competition work in the pharmaceutical world?
  • How does an infectious disease outbreak affect the economy?
  • Is health insurance important?
  • How is the economy affected by a smoking ban?

Research Paper Topics on International Trade

  • What are the gains and losses of international trade for developing countries?
  • The importance of international trade in developing countries
  • The relationship between economic growth and international trade
  • The impact of Brexit on small and middle businesses in the UK
  • To what extent does a currency union affect trade?
  • The roles of exchange rate and exchange rate regime in the US export.
  • To what extent are the gains of less developed countries from trade liberalization exaggerated?
  • Foreign direct investment in the United States: Determinants and impact
  • The relationship between foreign direct investment and wages
  • The effects of the banana crisis on the Jamaican and British economies

Macroeconomics Research Topics

  • Global recession and factors that contribute to it.
  • The relationship between Internet connectivity and productivity in the workplace.
  • The relationship between economic growth and unemployment in your country.
  • Income Dynamics and demographic economics.
  • What should our government do to minimize the risks of future default?
  • The connection between politics and economics.
  • The world problems through macroeconomic analysis .
  • US Market Liquidity and Macroeconomics.
  • The structure, history, and activities of the World Bank.
  • Economics of education in developing markets.
  • Public policies and socio-economic disparities.
  • Banks and their role in the economy.
  • Problems and possible solutions for Japan macroeconomics.
  • State regulation of the economy in foreign countries: main models of regulation.
  • The effect of currency devaluation on small and medium firms
  • A comparison of the United States unemployment to the rest of the world
  • The relationship between common stock prices and inflation in your country.
  • Macroeconomics and self-correction of the economy.
  • Analysis of Africa’s macroeconomics and its performance.
  • The implications of Internet banking on bank profitability.

Read more: Best Macroeconomics Research Topics and Ideas for Students

Microeconomics Research Topics

  • Explain how competition influences the price.
  • Opportunity costs explained from a microeconomics perspective
  • Inflation sources and consequences explained
  • The impact of demonetization on small and medium businesses
  • The connection between the minimum wage and market equilibrium.
  • Perfect competition in microeconomics
  • Theories in microeconomics
  • The effect of labor force participation on the economy and budget
  • Economic inequality as a result of globalization.
  • Explain the balance between supply and demand in microeconomics
  • Dynamics of the Gini index as a reflection of the problem of inequality in income
  • Privatization of Public Enterprises and its implications on economic policy and development
  • How does the stock market work?
  • The impact of game theory on economic development.
  • The changes in oil prices: causes and solutions.
  • Marketing uses in microeconomics.
  • The economic explanation of political dishonesty.
  • How company mergers and dissolutions impact the economy
  • The role of tax collection agencies in microeconomics
  • Different microeconomic models and how they face the effect of industry conditions

A Few More Microeconomics Research Ideas

  • How exactly does Uber fit into the economy of trust?
  • How does a person’s brain alter when they hit a big deal?
  • missing practical human insights from big data and how this affects the economy.
  • explaining how supply and demand are balanced in microeconomics
  • Changes in economic institutions with regard to climate change
  • Effects of greenhouses on economic growth
  • Effects of climate change on economic growth
  • Analysis of the European Union Emission Trading System in great detail
  • Is resource management for waste scarce? A microeconomics explanation of opportunity costs
  • Effects of wildlife protection on the economy

Interesting Economics Research Topics

  • What role does entrepreneurship play in economic development?
  • How do automation and artificial intelligence affect the labor market?
  • Discuss the Economics of healthcare systems and policies in developing countries.
  • Explain the effects of trade agreements on income distribution.
  • How does foreign aid affect economic development?
  • Explain the impact of monetary policy on financial markets and inflation.
  • Discuss the effects of income inequality on social mobility.
  • How does tax reform impact business investment?
  • Explain the role of microfinance in alleviating poverty.
  • How does behavioral economics impact personal savings habits?

From the list of economics research topics recommended in this blog, choose any topic of your choice and craft a top-quality research paper or essay. It is not necessary that you need to use the suggested topic as it is, you can also modify the research topic and write your academic paper. In case, you are unsure how to select the right topic and write a persuasive economics research paper, get in touch with us immediately.

a good economic thesis topic

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Economics Dissertation Topics

Published by Alvin Nicolas at January 11th, 2023 , Revised On April 16, 2024

The field of economics has changed entirely in recent times. Today, the field holds an extremely important place in every economy, with individual choices, spending, borrowing, production, occupations, markets, trading, employment, and a lot more being predicted and planned by economists.

Today, economists view economics from a modern and slightly different perspective than traditional economics. Different approaches in economics include perspectives like anthropology, sociology, geography, and various institutions.

Studying economics involving these perspectives provides a clearer view of the issues and problems related to the modern economic world. In contrast, focusing on the traditional economic approaches while selecting a topic will result in vague outcomes according to modern economics.

The most difficult task with respect to economics dissertations involves the  collection of data . Mostly the data required by the researcher must be in quantitative form. However, once data is collected, the researcher can focus on performing the analysis.

There are a number of economic perspectives that can be studied in detail. As your final project, you will want to select the most recent and relevant economics topic for your dissertation.

To help you get started with brainstorming for economics topic ideas, we have developed a list of the latest topics that can be used for writing your economics dissertation.

These topics have been developed by PhD-qualified writers of our team , so you can trust to use these topics for drafting your dissertation.

You may also want to start your dissertation by requesting  a brief research proposal  from our writers on any of these topics, which includes an  introduction  to the problem,  research question , aim and objectives,  literature review  along with the proposed  methodology  of research to be conducted.  Let us know  if you need any help in getting started.

Check our  example dissertations to get an idea of  how to structure your dissertation .

You can review step by step guide on how to write your dissertation.

Check our  example dissertation to get an idea of  how to structure your dissertation .

2024 Economics Dissertation Topics

Topic 1: the influence of price and brand on consumer preference during an economic recession: a case of the clothing market in greece.

Research Aim: The research will aim to examine the impact of prices and brands on consumer buying behaviour during an economic recession in Greece’s clothing market. During an economic crisis, not all types of products suffer the same consequences. During a recession, people are more sensible in their buying decisions, and they frequently continue to choose known product brands that meet their demands. The study will look at the impact of the recession on consumer purchasing preferences, taking into account variations in spending on various apparel brands based on price.

Topic 2: The financial and non-financial support of the family members in the growth of a successful entrepreneurship

Research Aim: The research will aim to investigate the importance of financial and non-financial support of family members in the growth of successful entrepreneurship. Entrepreneurship is a driving force in economic growth, social transformation, and organizational change. Private businesses (entrepreneurship) not only support a state’s social and economic growth but it also develops intellectual competition and innovation. Family members who are involved in business ventures can influence individuals’ goals to start new businesses, and they can also be considered as a means of economic and motivational strength.

Topic 3: The impact of transaction cost on economic development

Research Aim: The research will aim to explore the impact of transaction cost on the economic development of a country. The study will try to find the impact by using different methods and analyses. This article will investigate the difficulties of economic growth as they relate to transaction costs and how the latter produce various sorts of market failures. The study also explores several major contributions to the field of economic development, including market failure and growth barriers. Alternative perspectives on the failure of government and the market-government duality will also be examined.

Topic 4: What effect does oil price fluctuation have on business activity in oil-importing and exporting states?

Research Aim: The research will aim to find the influence of oil rate fluctuation on businesses of oil-importing and exporting countries. Change has a significant influence on the production costs of oil-importing countries and changes in pricing levels changes. At the same time, oil price variations have a significant impact on energy export profits and government budget revenues in energy-exporting economies.

Topic 5: The impact of gender inequality on work productivity and economic growth: A case study on developing countries

Research Aim: The research will aim to find the impact of gender inequality on work productivity and economic growth in developing countries. Gender inequality is not solely a concern in developing countries. Males earn more than women in practically every society. Differences in health, education, and negotiating power within marriage, on the other hand, tend to be bigger in countries with low Per capita income. Gender inequality in the office contributes to females’ lower socio-economic standing. Furthermore, such gender inequality may be associated with human resource rules and human resource related decision-making.

Topic 6: Research to identify the impacts of Coronavirus on the economy

Research Aim: This study will focus on identifying the impacts of coronavirus on the global economy.

Topic 7: Research to study the impacts of Coronavirus on the real estate sector

Research Aim: This research aims at identifying the impacts of coronavirus on the real estate sector. Is real estate a better option for investment during COVID-19?

Topic 8: Research to study the impacts of Coronavirus on the stock market

Research Aim: This research aims at identifying the impacts of coronavirus on the stock market.

Topic 9: Research to identify the impacts of Coronavirus on banking and the future of banking after the pandemic

Research Aim: This research aims at identifying the impacts of coronavirus on banking and the future of banking after the pandemic. What are the predictions? What challenges may come across? How to overcome those challenges?

Dissertation Topics on Economics 2023

Topic 1: economic expansion in bioenergy: a case study.

Research Aim: This research aims to conduct a case study on the economic expansion in bioenergy

Topic 2: Factors responsible for job creation and job destruction in the UK

Research Aim: This research aims to identify the factors responsible for job creation and job destruction in the UK.

Topic 3: Impacts of wars on the economy of both nations

Research Aim: This research aims to address how do wars impact the economy of both nations?

Topic 4: The role of banks in the economy of a country

Research Aim:  This research aims to highlight the role of Banks in the economy of a country. Students can choose any country to conduct the study.

Topic 5: Is an unhealthy country considered an emerging country?

Research Aim:  This research will answer the question: Is an unhealthy country considered a poor country?

Dissertation Topics Related to Economic Geography

Economic geography studies human economic activities with respect to various conditions such as location, distribution, production, consumption, exchange of resources, etc. Thus, studying the availability of all these resources, their development, and utilization is the main subject matter of economic geography.

In addition to studying these resources and their relationship with human economic activities, economic geography also helps study the interaction of these resources and variables with respect to nature and economic activities.

Economic geography is studied within different regions and localities in order to assess various human economic activities. Here are some economic geography dissertation topics to help you explore this field.

Topic 1: Role of local ethics and culture in shaping entrepreneurial economic development in various businesses.

Research Aim: This study will talk about the role of culture and ethics in shaping economic entrepreneurial attitudes in different fields of business.

Topic 2: Diversity in entrepreneurial approaches brought up by emigrants in the economics of a place: A critical analysis

Research Aim: This research will discuss whether entrepreneurial approaches be exported when emigrants move to a new place.

Topic 3: Assessing factors involved in facilitating knowledge transfer in a specific locality or place

Research Aim: This research will understand the various factors that play a role in transferring knowledge from one place or locality to another.

Topic 4: Economic opportunities provided within local boundaries. A case study of any specific area

Research Aim: This study will talk about the economic opportunities provided by local boundaries. This dissertation can be customised according to an area/region of your choice.

Topic 5: To discuss the role of the “European regional policy” in shaping or modifying places in the UK

Research Aim: This study will talk about the role of European regional policy in shaping and modifying UK places.

Topic 6: Location of top IT firms in the UK, the role of location on economics linked to a particular firm

Research Aim: This study will assess the economic geography of top IT firms in the UK that are linked to different firms.

Topic 7: Causes of regional diversity. Analysis and comparison between the richest and poorest places of the UK

Research Aim: This will be a comparative study between the richest and poorest places in the UK based on regional diversity.

Topic 8: Economics and expansion in bioenergy: A Case Study

Research Aim: This study will talk about economics and expansion in bioenergy, and a specific case will be under analysis.

Topic 9: Economic modifications faced by emigrants, causes and impacts

Research Aim: This research will talk about the various economic modifications that emigrants have to face and will also assess its causes and impacts.

Topic 16: A critical analysis of diversity in entrepreneurial attitudes in rural and urban areas

Research Aim: This will be a critical study that will assess diversity in entrepreneurial attitudes in both rural and urban areas.

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ResearchProspect writers can send several custom topic ideas to your email address. Once you have chosen a topic that suits your needs and interests, you can order for our dissertation outline service which will include a brief introduction to the topic, research questions , literature review , methodology , expected results , and conclusion . The dissertation outline will enable you to review the quality of our work before placing the order for our full dissertation writing service!

Dissertation Topics on Microeconomics

This branch of economics deals with economic perspectives on an individual level. It takes into account the allocation of various resources that are limited in nature. Different theories of microeconomics can be applied to markets where different products are bought and sold out.

In order to complete your graduation program, you will have to select the right economics topic that not only interests you but is relevant in today’s world. The suggested topics for you to choose from are listed below:

Topic 1: Difference in consumer attitudes in the UK over the past 15 years – Critical analysis of customer behaviour trends.

Research Aim: This research will compare the consumer attitude in the UK over the past 15 years and will study the trends.

Topic 2: Understanding to what extent does the concept of oligopoly exists in markets of the UK – A critical analysis

Research Aim: This study will first talk about oligopoly, and will then build and critically discuss how this concept exists in the UK market.

Topic 3: Laws and their impact on British firms.

Research Aim: This study will talk about the various laws in the UK that have an impact on various industries as a whole.

Topic 4: “European regional policy” and its effects on British small and medium enterprises

Research Aim: This research will study the European regional policy and the impacts this has on SMEs in the UK.

Topic 5: To discuss specific traits of the UK innovation organisation

Research Aim:  This research will understand the various traits of UK organisations that innovate.

Topic 6: Study of the characteristics of the energy market in the UK – A microeconomic approach

Research Aim: This study will undertake a microeconomic approach in order to understand the characteristics of the energy market in the UK.

Topic 7: Common traits of the top internet technology firms in the US – Analysis of the approaches adopted by different successful technology firms

Research Aim: This research will talk about the various traits of leading internet firms in the US and will analyse their different approaches

Topic 8: How is the concept of “economic convergence” linked to salary levels in the United States? – A critical analysis

Research Aim: This study will critically discuss economic convergence and how it is linked to salary levels in the US.

Topic 9: A Discussion on the use and role of various “pricing models” in making investment decisions.

Research Aim: This research will analyze the various pricing models that companies use to make decisions with respect to their investment.

Topic 10: Analysing salary inequalities in the United States and the forces behind such inequalities? – A Critical analysis

Research Aim: This study will talk about an important issue, i.e., salary inequalities in the US, and will also discuss the various forces that drive such inequalities.

Dissertation Topics on Employment Economics

Employment is a very important aspect that is studied in economics. Employment is interconnected with other academic subjects as well and affects people’s finances, which further determines their type of relationship with their environment or society.

Moreover, with the passage of time, technological advancements in various fields have impacted the labor market, which directly influenced the employment rate.  Dissertation topics  related to the field of employment economics are listed as under:

Topic 1: Factors responsible for the job creation and job destruction in the United Kingdom

Research Aim: This research will talk about the different factors that are responsible for job creation and destruction in the United Kingdom.

Topic 2: Analysing to what extent the concept of self-employment prevails in the United Kingdom – Discuss the factors that determine it

Research Aim: This research will determine the extent to which the concept of self-employment prevails in the UK. Furthermore, the factors determining self-employment will also be explored.

Topic 3: Link between minimum wages and British employment. A critical analysis

Research Aim: This study will critically analyze the link between wages minimum wages and employment in Britain.

Topic 4: Understanding In what ways technological advancements have paved the way for a rise in British employment levels

Research Aim: This research will talk about the various ways through which technological advancements have helped increase employment in the British economy.

Topic 5: Exploring the value of labour in the United Kingdom– Skilled or unskilled labour? A Critical Analysis

Research Aim: This study will talk about the value of both types of labour, skilled and unskilled, in the UK. A critical analysis will be conducted as to which type of labour is more in demand in the economic system.

Topic 6: Analysing the levels and prevalence of self-employment in various parts of Europe. An Analysis of the United Kingdom

Research Aim: This research will discuss and analyse the levels and prevalence of self-employment in various parts across Europe. Special attention will be given to the UK in the study to understand the self-employment system.

Topic 7: In what ways does immigration affects British employment levels and productivity? Discuss

Research Aim: This research will talk about the various ways through which immigration affects British employment levels and productivity.

Topic 8: How can professional training impact British employment? Discuss

Research Aim: This study will talk about the impact of professional training on employment in the UK. The research will discuss if the impact was negative or positive.

Topic 9: Analysing the impact of gender inequality in employment on economic growth in the UK

Research Aim: This research will analyse the impact of gender inequality in employment on economic growth in the UK.

Topic 10: Economic productivity and Innovation – Are they both related? A study of the UK services industry

Research Aim: This research will help understand the relationship (if any) between economic productivity and innovation. The UK Services industry will be analyzed.

Dissertation Topics on Economic Sociology

This field refers to the study of sociological aspects from an economic perspective. Social networks are also one of the more important features in the economic world because they can contribute greatly to promoting a particular brand.

Different social gatherings are a source to highlight a particular industry, firm, and even a private setup. They can contribute greatly to building successful businesses. Following are some economic sociology dissertation topics for you to choose from:

Topic 1: Exploring Innovation Activities for the promotion of a particular firm/industry/brand

Research Aim: This research will talk about all the innovative activities that take place while promoting a brand or a company in an industry. This topic can be customised according to a brand/company of your choosing.

Topic 2: Understanding the role of families in funding a particular firm

Research Aim: This research will talk about the family funding of businesses, the whole process and how it takes place. You can choose an industry of your choice to base your dissertation on.

Topic 3: Can a blend of different cultures contribute to increasing the level of productivity? Evidence from a UK firm

Research Aim : This research will discuss how various cultures contribute to increasing productivity levels. A UK firm will be chosen for this research.

Topic 4: Social capital plays its role in the rural areas in the UK – A critical analysis

Research Aim: This research will talk about social capital and its role in the rural areas of the UK.

Topic 5: Youth as one of the biggest supports in the promotion of economic agents

Research Aim: This research will help understand the relationship (if any) between economic productivity and innovation. The UK services industry will be analysed.

Topic 6: Exploring the role of university networks in shaping entrepreneurial behaviours and actions

Research Aim: This study will help explore the role of university networks in shaping entrepreneurial actions and behaviours.

Topic 43: Role of social entrepreneurship in the United Kingdom

Research Aim: This study will talk about the role of social entrepreneurship in the UK and how it has emerged.

Topic 8: Diverse culture and productivity enhancement – How are the two related?

Research Aim: This study will talk about whether diverse culture has an impact on productivity enhancement in the UK or not.

Topic 9: Exploring the Impact of social networks on the success of Brands

Research Aim: This study will talk about the impact of social networks on the success of brands and how they impact businesses. You can choose a brand for this dissertation.

Topic 10: Understanding the ‘peer’ factor in setting up businesses

Research Aim: Setting up a business involves various factors, and an essential one is a support from peers. This research will explore this aspect of support when starting a business and the impact it has.

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Dissertation Topics on Institutional Economics

Institutional economics helps in understanding the role of institutions in shaping economic behaviour. Certain institutions promote certain values, beliefs and norms, and they impact the public in a certain way.

These institutions can affect the economics of a certain region and help shape economic life and behaviour. Institutional economics is still an emerging field. Following are some institutional economics dissertation topics that you can base your dissertation on.

Topic 1: Assessing the factors behind the power of a successful firm. How is it built?

Research Aim: This research will discuss the various factors that help companies build power in the industry and impact the economy.

Topic 2: Analysing the impact of cultural mix on the organisation of firms in the United Kingdom

Research Aim: This study will analyse the impact of diverse cultures on organisations in the UK.

Topic 3: Evaluating the role of bureaucracy in the productivity levels of the United Kingdom

Research Aim: This research will help in evaluating the role of bureaucracy on productivity levels in the UK.

Topic 4: Understanding various methods to ensure economic efficiency in the property markets of the United Kingdom

Research Aim: This study will understand the different ways through which economic efficiency is ensured in the UK property markets.

Topic 5: Impacts of transaction costs on economic development?

Research Aim: This research will evaluate how economic development is impacted by transaction costs.

Topic 6: Analysing the major forces operating behind the concept of control and ownership in the United Kingdom

Research Aim: This study will help analyse the major forces that control and own institutions in the UK and how they impact the economy.

Topic 7: Traits of British managers and investors. A Comparative analysis

Research Aim: This will be an interesting study as it will talk about the various traits of British managers and investors.

Topic 8: Role of educational aspects in entrepreneurship

Research Aim: This research will explore the role of education concerning entrepreneurship, i.e. how does education help build entrepreneurs, which in turn benefits the economy.

Topic 9: The concept of latent entrepreneurship – A comparison between the United Kingdom and Europe

Research Aim: This study will understand the concept of latent entrepreneurship by comparing the UK environment with that of Europe.

Topic 10: Is the profit of a firm dependent on its size? Evidence from the manufacturing firms in the UK

Research Aim: This research will help in understanding whether the profit of a company is dependent on the business’ size or not. The UK Manufacturing industry will be explored.

Dissertation Topics on Environmental Economics

Environment and economics share a unique and close relationship. The environment can affect economics in a good or bad way. There are various environmental economic issues that should be addressed. Following are some of the pressing issues pertaining to environmental economics that you can choose as your dissertation topic.

Topic 1: To what extent is the environment responsible for shaping business behaviours? A critical analysis

Research Aim: This research will talk about the extent to which the environment is responsible for building business behaviours.

Topic 2: Economics in relation to biodiversity and nature conservation. An evidence-based study

Research Aim: This research will discuss economics in relation to biodiversity and nature conservation.

Topic 3: Assessing the role of NGO’s and organizations to promote a healthy environment through fundraising programs

Research Aim: This research will help in assessing the role of NGOs and organisations in promoting healthy environments through various fundraising programs.

Topic 4: Willingness to pay for various recycling programs – A case study of the United Kingdom.

Research Aim : This research will help understand the different recycling programs by evaluating a UK-based case study.

Topic 5: Incentives regarding land and water management – A case study of the United Kingdom

Research Aim: This research will talk about various incentives relating to land and water management. A UK-based case study will be chosen.

Topic 6: Economic value of historical places: A critical analysis

Research Aim: This research will talk about the economic value of historical places and will present a critical analysis.

Topic 7: In which field is it cheapest to reduce or cut carbon emissions? Discuss.

Research Aim: This research will talk about the impacts of carbon emissions and will discuss in which field it will be cheapest to reduce or eliminate such emissions.

Topic 8: Ethanol production from an economic perspective. Discuss.

Research Aim: This research will help in exploring ethanol production with respect to economics.

Topic 9: Environmental improvements in regards to locational differences in communities Discuss in an economic approach

Research Aim: This research will present various environmental improvements with respect to locational differences in communities.

Topic 10: Climate change in relation to economics. Discuss

Research Aim: This research will talk about an important issue, i.e. climate change and the impact it has on economics.

Dissertation Topics on Regional Development

Economic growth can also be studied at a regional level. This field considers economic perspectives on a smaller level with a focus on trade between regions. Suggestions for dissertation topics in this field are listed as follows:

Topic 1: Evaluating the link between profit and regional development?

Research Aim: This research will evaluate the link between profit and regional development with respect to economics.

Topic 2: Assessing the “regional development policy” in the United Kingdom

Research Aim: This study will talk about the regional development policy in the UK.

Topic 3: Discussing the role of learning or knowledge gaining involved in regional development?

Research Aim: This research will explore the role of knowledge and learning that helps promote regional development.

Topic 4: Assessing the existence of location theories that contribute towards the development and understanding of regional development

Research Aim: This research will assess the existence of locational theories that help contribute towards the development and understanding of regional development.

Topic 5: Evaluating the role that technology plays in regional development? A UK case study

Research Aim: This research will evaluate the role that technology plays in promoting regional development.

Topic 6: Exploring entrepreneurship and its regional aspects in the United Kingdom

Research Aim: This research will help explore entrepreneurship and entrepreneurship network with respect to regional development in the UK.

Topic 7: Role of Institutional setups in regional development

Research Aim: This study will talk about the role of institutional setups in regional development.

Topic 8: Assessing the relationship between unemployment and entrepreneurship in the light of evidence from British relationship

Research Aim: This research will assess the relationship between unemployment and entrepreneurship in the UK.

Find 100s of dissertation topics for other research areas.

Topic 9: In what ways the UK and the European firms are different in terms of innovation – A critical analysis

Research Aim: This research will help in understanding the various ways in which the UK and European firms are different with respect to innovation.

Topic 10: Assessing the role of regional co-operation in developing sustainable advantage

Research Aim: This research will help in assessing the role of regional cooperation in developing sustainable advantage amongst regions

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Important Notes

As a student of economics looking to get good grades, it is essential to develop new ideas and experiment on existing economics theories – i.e., to add value and interest in your research topic.

The field of economics is vast and interrelated to so many other academic disciplines like civil engineering ,  construction ,  law , engineering management , healthcare , mental health , artificial intelligence , tourism , physiotherapy , sociology , management , marketing and nursing . That is why it is imperative to create a project management dissertation topic that is articular, sound, and actually solves a practical problem that may be rampant in the field.

We can’t stress how important it is to develop a logical research topic; it is the basis of your entire research. There are several significant downfalls to getting your topic wrong; your supervisor may not be interested in working on it, the topic has no academic creditability, the research may not make logical sense, there is a possibility that the study is not viable.

This impacts your time and efforts in  writing your dissertation  as you may end up in the cycle of rejection at the very initial stage of the dissertation. That is why we recommend reviewing existing research to develop a topic, taking advice from your supervisor, and even asking for help in this particular stage of your dissertation.

Keeping our advice in mind while developing a research topic will allow you to pick one of the best economics dissertation topics that not only fulfil your requirement of writing a research paper but also adds to the body of knowledge.

Therefore, it is recommended that when finalizing your dissertation topic, you read recently published literature to identify gaps in the research that you may help fill.

Remember- dissertation topics need to be unique, solve an identified problem, be logical, and can also be practically implemented. Take a look at some of our sample economics dissertation topics to get an idea for your own dissertation.

How to Structure your Economics Dissertation

A well-structured dissertation can help students to achieve a high overall academic grade.

  • A Title Page
  • Acknowledgments
  • Declaration
  • Abstract: A summary of the research completed
  • Table of Contents
  • Introduction : This chapter includes the project rationale, research background, key research aims and objectives, and the research problems to be addressed. An outline of the structure of a dissertation  can also be added to this chapter.
  • Literature Review :  This chapter presents relevant theories and frameworks by analysing published and unpublished literature available on the chosen research topic, in light of  research questions  to be addressed. The purpose is to highlight and discuss the relative weaknesses and strengths of the selected research area while identifying any research gaps. Break down of the topic, and key terms can have a positive impact on your dissertation and your tutor.
  • Methodology:  The  data collection  and  analysis  methods and techniques employed by the researcher are presented in the Methodology chapter which usually includes  research design, research philosophy, research limitations, code of conduct, ethical consideration, data collection methods, and  data analysis strategy .
  • Findings and Analysis:  Findings of the research are analysed in detail under the Findings and Analysis chapter. All key findings/results are outlined in this chapter without interpreting the data or drawing any conclusions. It can be useful to include  graphs ,  charts, and  tables in this chapter to identify meaningful trends and relationships.
  • Discussion  and  Conclusion: The researcher presents his interpretation of results in this chapter, and states whether the research hypothesis has been verified or not. An essential aspect of this section is to establish the link between the results and evidence from the literature. Recommendations with regards to implications of the findings and directions for the future may also be provided. Finally, a summary of the overall research, along with final judgments, opinions, and comments, must be included in the form of suggestions for improvement.
  • References:  Make sure to complete this in accordance with your University’s requirements
  • Bibliography
  • Appendices:  Any additional information, diagrams, graphs that were used to  complete the dissertation  but not part of the dissertation should be included in the Appendices chapter. Essentially, the purpose is to expand the information/data.

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For economics dissertation topics:

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  • Seek topics aligning with your passion and career aspirations.

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The Study Blog : Research topics

50+ Economics research Topics and Topic Ideas for dissertation

The ultimate goal of economic science is to improve the living conditions of people in everyday lives. Economists study how to utilize the available scarce resources to maximize value and thus profits. The concerns of economics today are largely focused on issues such as opportunity cost, consumption and production, borrowing, saving, investments, occupations and employment, trades markets, pricing and human behavior concerning making economic decisions.

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Given that economics covers a lot of issues in society today coupled with the multitude of research studies within the existing literature, many economics students find it difficult to find the most suitable economic research topic for their undergraduate project, master’s thesis, and dissertations. Technological advancement has also increased the pace of transformation and globalization creating new areas in economics that are worth research. Our economics experts have curated a list of research paper topics in economics that you can use to get the perfect research paper topic.

a good economic thesis topic

Micro-Economics Research Topics

Microeconomics deals with the economic behavior of individual isolated units of the economy like an individual, a household, a company, and industry. Micro-economists study factors that influence economic choices, markets and their key elements such as demand and supply and analyze markets and determine the prices for goods and services that best allocate the available limited resources. Some of the best research topics in microeconomics that you can use for your thesis or dissertation include:

1. The effect of income changes on consumer choices

2. The effect of labor force participation on the economy and budget – A comparison

3. The impact of marital status on the labor force composition: A case of [your country] economy

4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends

5. The relationship between salary levels and ‘economic convergence’ in [your country]?

6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.

7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.

8. Dynamics of the Gini index as a reflection of the problem of inequality in income 

9. Cashless economy: The impact of demonetization on small and medium businesses

10 Privatization of Public Enterprises and its implications on economic policy and development

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a good economic thesis topic

Macroeconomics Research Topics

1. The relationship between economic growth and unemployment in [your country]

2. Global recession and factors that contribute to it.

3. Impact of government expenditure on economic growth in [country]

4. The impact of company income tax revenue on the developing economies- A comparative analysis of Kenya, India, and Nigeria

5. The relationship between common stock prices and inflation in [your country]

6. The relationship between inflation and government spending in [your country] economy.

7. The effect of currency devaluation on small and medium firms- A case study of selected multinationals in [your country]

8. The relationship between internet connectivity and productivity in the workplace 

9. The evolution of the stock market in [your country]: Causes and consequences

10 Unemployment and regional mobility of labor in [your country]

11 A comparison of the United States unemployment to the rest of the world

Research Topics on International Trade

1. The relationship between economic growth and international trade

2. To what extent does a currency union affect trade: A case of the United States

3. What are the gains and losses of international trade for developing countries?

4. Foreign direct investment in the United States: Determinants and impact

5. The effects of the banana crisis on the Jamaican and British economies

6. The impact of Brexit on small and middle businesses in the UK

7. The relationship between foreign direct investment and wages- A comparative analysis of USA and China

8. The roles of exchange rate and exchange rate regime in the US export

9. The importance of international trade in developing countries

10 To what extent are the gains of less developed countries from tradeliberalization exaggerated?

Environmental economics research paper topics

Economic activities such as production have a significant impact on the environment such as pollution and depletion of natural resources. Environmental economics studies these impacts and other environmental issues. Below are some of the best research paper topics in environmental economics.

1. An economic examination of waste disposal programs in the United States

2. Man-made environmental disasters: who bears the economic liability?

3. The economics of land- a comparative analysis of land sharing and land sparing in the United States

4. The impact of waste disposal programs to America’s Environmental Policy: An economic evaluation

5. Water management and conservation policies in the United States and the UK- a comparative analysis

6. The economic implications of climate policy changes because of different climate change assessment mechanisms

7. Investigating the cost of organizational environmental analysis in the United States

8. What are the determinants of climate policy formulation in the United States? An economic scrutiny

9. The economic perspectives of distribution of natural resources across boundaries

10 The impact of technological innovation for clean and green products on the environment

11 The impact of work-life balance on social eco-systems: perspectives from the United States

12 The relationship between financial subsidies and generation of eco-friendly products

Research Paper Topics on Behavioral Economics

Behavioral economics examines the psychology behind economic activities and economic decision making. It examines the limitation of the assumption that individuals are perfectly normal. Good behavioral economics topics cover subjects such as bounded rationality, irrational exuberance, and choice architecture. 

1. Inducing choice paralysis: how retailers bury customers in an avalanche of options

2. The behavioral economics of discounting- A case study of amazon

3. Pricing and the decoy effect; how corporations ‘nudge’ consumers to spend more

4. Big data and implications for behavioral economics

5. A study of how the United States market benefitted from behavioral economics theory

6. How has behavioral economics influenced the real-world context? A case of online purchase behavior

7. Weight management through behavioral economics: use of incentives

8. What motivates consumers? A behavioral economics perspective

9. Using behavioral economics to help in reducing substance abuse

10 Addressing lifestyle management for diabetes through behavioral analysis- insights from the US healthcare sector

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Development Economics research paper topics

1. The impact of multinational commodity trading through the development economic perspective

2. The impact of globalization on income distribution in emerging economies

3. Investigating the relationship between migration and development economics

4. Budgeting and decision making by low-income earners in emerging economics

5. Investigating the relationship between family planning, labor force, and income fluctuations

6. The impact of natural disasters on development in emerging economies

7. The impact of population growth on development economics- review of India

8. The determinants of high performing institutions in emerging economies

9. Comparative economic patterns of villages across Virginia

10 Aid and economic growth of developing economies- a review

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130 Best Economic Research Topics For Students

The choice of economic research topics depends on the topic that students want to study. You can write about microeconomic or macroeconomic factors, or describe the current problems of countries and individual enterprises. There are also many interesting sections on agriculture, industry and foreign economic relations.

In any case, economics topics are a chance to consider the main nuances of international countries' success or the peculiarities of a particular region's economy. Such studies require not only the search for reliable sources of information but also the authoritative research of economists. This will help you use the valuable economics papers topics in the context of your research activities.

After you have considered all economics research paper topics, you can proceed to the stage of preparation. It is worth taking real research, facts, and statistics as a basis. However, you need to be original and make your emphases in your research paper.

In some cases, you need the advice of experienced educators or watch interviews with the world's leading economists. Sometimes you can change the subject if you think you can't cope with the task at hand. There is nothing shameful about that.

After you do your research and empirical calculations, you can collect a scientific database and prepare a draft version. Once it's finished, you can clean up your materials and create a tentative bibliography. It is important in the context of the study of the chosen topic.

There is also a need to create strong theses and a definite purpose for your research work. You should answer the basic questions in your research paper that address a specific problem and its solution. Also, do not forget about the formatting that is relevant to your school. Economics research topics list lets you choose what works best for you.

Microeconomics Research Topics

Such research paper topics in economics are especially relevant because they allow us to consider the global processes of the financial well-being of many countries and the world trade. Students can prepare expert papers based on many studies and get high marks for considering microeconomic effects.

  • The consumer choice model in the context of improving economic performance.
  • Labor force and its impact on the country's budget.
  • The family economy in the context of the progress of an entire state.
  • Consumer relations and analysis from economic trends.
  • Inequality of wages as the main stimulus of the economy.
  • Consumption economics and progress in purchasing power.
  • Evolution of consumption in the USA.
  • The index of income inequality and purchasing power.
  • Dynamics of growth of a cashless economy in the context of modern society.
  • State enterprise and privatization system.
  • The main factors of behavioral microeconomics
  • The structural analysis of microeconomics on real examples.
  • The format for the microeconomic effects.

Macroeconomics Research Topics

Choosing the economics thesis topic, you must be ready to consider the main issues of macroeconomics in the context of a particular state, company, or individual organization. This is a good example of how you can choose a narrow direction to study certain economic environment factors and relationships.

  • Economic growth and a decrease in unemployment.
  • The main factors of the economic recession.
  • Cutting costs as a guarantee of the prosperity of the state.
  • The importance of tax revenue in the context of each US state.
  • Inflation and the dynamics of the pricing of the company's shares.
  • Correlation of government spending during inflation.
  • Devaluation as the main factor of problems in the economy.
  • Economic prerequisites for the growth of the digital economy.
  • The stock market as a cause of economic growth.
  • The connection between unemployment and modern digitalization.
  • Factors influencing the self-employment of the population.
  • Features of modern macroeconomic trends.
  • The nuances of managing macroeconomic indicators.
  • Preconditions for the formation of a stable macroeconomic.
  • The effect of macroeconomic equilibrium.

Economic History Topics

The choice of economics research topics for undergraduates may be related to the student's desire to study certain historical spheres of influence of countries and the moments of their formation on the world stage. It is also a good opportunity to study world trade and foreign economic research. A historical topic allows you to consider the structure of galloping inflation in developing countries and to study in detail the specifics of economic stagnation.

  • Economic revolution in Argentina.
  • Creation of the foreign exchange reserve.
  • The history of the formation of banking organizations.
  • Modern British economy.
  • The growth of the Chinese economy amid global depression.
  • Eastern European economy and the basis of its well-being.
  • Causes of the economic depression of the Netherlands.
  • The European currency as a replacement for the dollar.
  • History of the French economy.
  • German National Bank.
  • The history of the European Union as an economic factor of development.
  • The world economy and historical heritage.
  • The impact of economic progress on African countries.
  • The nuances of economic prosperity in European countries.

Research Topics on International Trade

International trade is a good option to write a research paper. The fact is that this section includes many historical and current aspects of the interaction between countries and individual organizations. Such economic research paper topics are very popular among students because everyone can find reliable information and verified facts.

  • The impact of international trade on the growth of the economy
  • The monetary union and its role in the US control
  • International trade and developing countries.
  • Investments as elements of international trade.
  • Banking crisis and trade wars.
  • Brexit as a factor in changing economic investment.
  • Dependence of countries on international investment.
  • The import control.
  • Developing countries and methods of their economic growth.
  • Foreign trade as a subject of liberalization of international relations.
  • The main factors in the development of international trade.
  • The trade relations between China and the United States.
  • The nuances of the interaction of world superpowers.
  • Consequences of successful economic activity.

Environmental Economics Research Paper Topics

Environmental economics is full of interesting areas for your research papers. In particular, this applies to different countries and continents. Using economics term paper topics, you can create truly expert material that will get a high mark. A significant advantage is the relevance of the topic and many scientific studies that you can use as a basis.

  • The economic prerequisites for waste disposal.
  • The nuances of the economy and human-made disasters.
  • The world economy in the context of the United States.
  • The influence of North America on economic trends in the world.
  • Water resources management policy.
  • Climate policy and economic preconditions.
  • World environment in the context of the US economy.
  • The economic study of investment in the environment.
  • The distribution of natural resources and a key factor in the economy.
  • The main technological innovations and their role in the environment.
  • The balance of the social ecosystem.
  • Financial subsidies as an incentive to buy organic products.
  • The influence of the environment on the behavioral factors of the economy.
  • The stagnation of world enterprises in the context of the economic crisis.
  • The environment and risk factors.

Research Paper Topics on Behavioral Economics

Behavioral economics structures knowledge about many aspects of the interaction of countries and individual nations. You can use existing scientific research to trace people's behavioral patterns that affect the unemployment rate, fluctuations in the currency exchange, and other nuances. It is worth noting that economics research topics are very relevant in modern times since the information space contributes to the regular change in behavioral factors.

  • Major behavioral factors of the avalanche of buyers.
  • Discount in the context of trade on amazon digitalization as the main driver of the economy.
  • Behavioral factors of the economy in the context of digital commerce.
  • Methods of investing in the US in the context of behavioral economics.
  • The customer demand and its incentive.
  • The value of the product then and the formation of behavioral economics.
  • What is the main motivation for consumers?
  • The formation of a behavioral economy as a task of the state.
  • The lifestyle and economic factors of US citizens.
  • The digital economy and behavioral factors.
  • Main methods of forming a buying habit.

Law And Economics Paper Topics

Choosing such economics research topics for students, you can rely on many countries' legal framework and the relationship with economic sectors. This will be especially interesting in the context of the United States or any other large state that conducts foreign trade and affects certain moments in the world. Legislation has a ton of interesting facts that you can explore in your paperwork.

  • The main risks of an innovative economy.
  • Taxation as a method of political economy.
  • The nuances of creating an optimal tax policy.
  • Main benefits of lowering the tax rate.
  • The economic organization and legal aspects.
  • The control of the economy through taxation.
  • Do you need a progressive tax scale?
  • The consequences of flexible taxes in the US economy.
  • Basic legal aspects of foreign economic activity.
  • Structuring law and economic investment.
  • Legislative innovations in the field of economics.
  • All nuances of promoting tax legislation for economic growth.
  • The format of taxation for small businesses.

Labor Economics Research Topics

Such a topic allows you to explore the nuances of labor law, taxation, and the reasons for demonstration in disadvantaged countries. This format allows you to maximize economic research geography and consider the main nuances of economic crises or new rounds of development.

  • Minimum wage and its impact on economic aspects.
  • The taxation and labor market demand.
  • The nuances of the formation of the structure of wages.
  • The impact of migration on the labor market point to common technologies and their economic impact on the labor market.
  • Main nuances of obtaining higher education in the context of economics.
  • Strikes as a major factor in an economic recession.
  • The firm's profitability in the context of the minimum wage.
  • The economic consequences of regulation of working hours.
  • The nuances of gender policy in the labor market.
  • The feasibility of creating trade unions.
  • The relationship between demography and economic growth.

Basic Economics Topics

Sometimes basic topics for economic research papers can be much better than narrow learning segments. The fact is that choosing such a free topic does not limit you to certain aspects, and you can consider the nuances of the economy in a broad sense. For example, your custom research paper may be about foreign trade, the risks of economic stagnation, or other nuances that apply to many countries.

  • The relationship between income and purchasing.
  • The risks of economic stagnation.
  • The lack of economic factors for income growth.
  • The main problem of the economies of developing countries.
  • The nuances of Western European economic culture.
  • Asian countries and economic progress.
  • The influence of external economic factors on the unemployment rate.
  • System of gender inequality.
  • The format of economic relations between countries.
  • The main aspects of the economic independence of states.
  • The influence of the United States on the world economy.
  • Lending and stimulating the economy world economic recessions.
  • Risk factors in the global economy.

Other Economics Topics

Such a list cannot be attributed to a specific segment or division of the economy. You can choose this option if you have no idea at all about what your research paper should look like. In fact, it allows you to prepare and get a good grade without taking too long practical research. So, you can check these economic research paper topics ideas.

  • The target market analysis.
  • Managerial accounting for apple Inc.
  • The Nissan operations management.
  • All Starbucks success factors.
  • The methodology of employee turnover study.
  • Maslow's hierarchy of needs.
  • Poverty in South Africa.
  • Signs of economic stagnation.
  • Memorandum for a paperless office.
  • The impact of social media as a business promotion instrument.
  • Main effects of employee turnover on the organization.

How to Write a Good Economics Research Paper?

You should adhere to all the technical guidelines and requirements of your high school or college. Don't forget about the formatting and proper structure of your research papers. You should browse the Internet and head to your local library to find the information you need as a basis for future research. It is worth noting that not all economic topics for research papers can be found quickly in printed books.

Sometimes it is better to search for reputable scientific papers on the Internet, as this reduces the preparation time. Next, you need to make a plan, a strong introduction, and a clear message along with the main message you want to convey in your research paper. You should also rely on facts and figures to get a good estimate. Unfortunately, choosing a good economics essay topic is not always associated with a successful completion.

If you can't do it on your own, then it is easier and more profitable for students to delegate work to someone else. Our company can help any person who is in a difficult situation and cannot cope with the research paper on their own. Our team of specialists has enough experience to prepare a high-quality paper for you.

The Research Topics in Economics Inspiration List:

  • Business Cycle (Recession & Recovery)
  • Economic research
  • International Advances in Economic Research
  • Monetary Policy & Economic Research
  • Economic Research Reports
  • Glassdoor Economic Research
  • CASE - Center for Social and Economic Research

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Economics Dissertation Topics: 25+ Examples You Can Explore

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by  Antony W

June 28, 2024

Economics dissertation topics

If you’re looking for some economics dissertation topics to help you brainstorm your topic idea, this guide is for you.

Popularized by the likes of Adam Smith as far back as 1770, Economics is a subject that deals with making the right decisions in the face of uncertainty and scarcity.

As much as it dates back to the medieval scholastics, economics still focuses largely on human choices, borrowing habits, markets and trade, assets’ pricing, human behavior in relation to economic decisions, taxes, and consumption.

Existing literature on economics attempt to give the best possible explanations to problems human beings face. Still, there’s need for more research in this field because new areas continue to emerge in economics, especially since technology continues to advance enhance transformation and increase the rate of globalization.

Given how wide this field is, there are dozens of economic dissertation topics that you can choose to explore in your research project. This guide is a list of some of the topic ideas that you might want to consider for the project.

25+ List of Economic Dissertation Topics

Economics is a wide field with different areas of exploration. This guide looks at some of the areas economics, each with a few examples of dissertation topics that you can investigate.

Dissertation Topics on Regional Development

Your focus on regional development is to study regions as small economies with the aim of understanding their circumstances and outcomes. You’ll examine how internal regional economies operate and evaluate how they relate to other regions.

Some interesting topics that you can investigate in your dissertation in this area are as follows:

  • Business development and profitability in the region What are the underlying variables in this relationship?
  • Natural resource comparative advantage and regional development
  • There are differences in the forms and levels of entrepreneurship and unemployment across England, Wales, Scotland, and Northern Ireland.
  • The impact of regional policy on start-ups on regional development: more new enterprises or better existing ones?
  • Entrepreneurial networks’ contribution to regional development.

Also Check: Custom Economics Dissertation Writing Help

Dissertation Topic Ideas on Economic Sociology

Examine the sociological aspects that affect economic indicators and explain how they relate with the social outcome.

Some great topics that you might want to consider for your dissertation project if you choose to focus on this area include:

  • The function of social networks in facilitating innovation in mature sectors.
  • How can universities take advantage of social networks to induce entrepreneurial action among their students?
  • Exploring the disparities between trust and power in local productive systems.
  • Is there a straight line between economic and social development?
  • In the United Kingdom, traditional industry development is fueled by social contracts and peer pressure.
  • Family support, both financial and non-financial, in the development of successful entrepreneurship.
  • The convergence of economic systems as a result of globalization and its implications for social development in developed, emerging, and developing economies.

Related: Technology Dissertation Topics

Economic Geography Topics for Dissertation Project

This area focuses on economical outcome in relation to geographical location. You’ll evaluate patterns and trends in activities and human behavior to explain what shapes the cultural and economic landscapes.

Here are some topic ideas to consider if you want to write a dissertation project in this area:

  • The influence of local and regional cultures on entrepreneurship and economic growth.
  • Is there a link between established enterprises that dominate small towns and local cultural factors?
  • The likelihood impact of Brexit on policy outcomes that shape the local economy in UK cities.
  • The economic geography of recession. Difference between regional and city economics in the UK.
  • Understanding educational progression at the local level: A comparison of cities in the UK’s north and south.
  • How COVID has influenced house price volatility in various UK cities.

Institutional Economics Dissertation Topics

This area deals with social entities linked to production, distribution, and consumption of goods and services. Given that this is a broad area, you might have to study related disciplines such as psychology, economic history , management and business studies cognitive and brain science, and behavioral economics and finance. 

  • Here are some dissertation topic ideas that you should consider:
  • How can transaction costs economics account for inter-firm collaboration?
  • Economic freedom institutions and policies have different effects on income and growth.
  • How does the cultural mix affect the organization of enterprises in the United Kingdom?

Also Check: Social Work Dissertation Topics

Dissertation Topics That Deals With Employment Economics

Given that employment is a key concept in the production of goods and services, it’s important to study the rate at which organizations hire talents and the compensations offered.

Below are some topic ideas that you can explore in this area of economics: 

  • The influence of gender disparity in employment on economic growth and labor productivity.
  • What effect does technological innovation have on British unemployment? Evidence from the industrial industry.
  • The impact of economic cycles on employment, workforce productivity, and innovation: a case study of the manufacturing sector

Macroeconomics Dissertation Topics

Macroeconomics is an interesting field that examines an economy as a whole. In this division, the focus is on how markets interact with each other to generate aggregate variables. You’ll study national income, gross domestic product, employment, inflation, global economy, and financial markets.

Here are some interesting topics that you can explore in your dissertation if you’re studying macroeconomics:

  • COVID and the economic downturn: Will the impact be as severe as the 2007 financial downturn?
  • The global economic downturn and the causes that lead to it.
  • How will the Greek financial crisis affect the EU economy in the long run?

Microeconomic Dissertation Topics

In microeconomics, the focus is on the interaction between demand and supply in different markets. You’ll study and interpret how economic agents behave in different settings and identify the incentives they’re more than likely to face by building modes and using data to conduct your research and experiments.

Here are some interesting topics to cover in this area:

  • Does the size of a company impact its profits? Evidence from UK telecommunications companies.
  • Are UK corporations more inventive than their European counterparts?
  • Is the retail industry in the United Kingdom becoming less oligopolistic? An examination of the effects of new supermarkets.
  • The development of household consumption in the United Kingdom during the previous decade: Consumer behavior trends.

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a good economic thesis topic

Economics Undergraduate Honors Theses

Examples of honors theses written by economics undergraduate students.

Posted with permission of the author. © 2019-2022 by the individual author. All rights reserved.

  • "The Causal Effect of ACA Subsidies on Insurance Coverage Status Among California Adults"  - William Vereyken
  • "Economic Impacts of Immigration Detention Centers Built Between 1990-2016 on U.S. Commuting Zones"  - Ekaterina Yudina

Spring/Summer 2022

  • "The Impact of Indiv. Mandate on High-Income, Non-elderly Indiv. Health Insurance Coverage Rates and Racial/Ethnic Disparities"  - YeJin Ahn
  • "An Economic Analysis of the 1997 Amhara Land Redistribution in Ethiopia"  - Ezana Anley
  • "Affirmative Action's Effect on Educational and Wage Outcomes for Underrepresented Minorities"  - Vishnu G. Arul
  • "Are the Effects of Racism Really That Black and White? A Study on the Effect Racism Has on the Productivity of Black   Footballers in the Premier League"  - Advik Banerjee
  • "An Empirical Analysis of Industrial Concentration and Prices: Can We Blame Inflation on Corporate Greed?"  - Anton Bobrov
  • "Tax Revenue Cyclicality and Income Inequality: Evidence from U.S. Counties From 1989 to 2019"  - Yiyang Chen
  • "The Impact of Economic Opportunities on African American Migration Patterns in Oakland"  - Fernando Cheung
  • "Impact of Tech Companies on Wages in the Local Economy"  - Niki Collette
  • "Warm Welcome: Evidence for Weather-based Projection Bias in College Choice"  - Maria Cullen
  • "Impact of the Belt and Road Initiative on Bilateral Trade with China"  - Pedro de Marcos
  • "Renaissance of the Black Homeowner: Impact Evaluation of Michigan's Renaissance Zones"  - Rupsha Debnath
  • "Lockdown Blues: The Effect of Social Norms on the Psychological Cost of Unemployment During the COVID-19 Pandemic"  - Dylan Hallahan
  • "How Education Affects Health Outcomes Across Genders"  - Jessica Li
  • "Is Increasing Diversity Inclusion Effective in Improving Companies' Performance in the Financial Services Industry?"  - Miranda Li
  • "The Future Financial Status of the Social Security Program"  - Chloe Manouchehri
  • "Does Recreational Marijuana Legalization Affect Hard-Drug Use? - Evidence from Cocaine Prevalence and Treatment Admissions"  - Arthur Weiss
  • "Relationship Between Economic Status and Money Spent on Private Education Leading to Economic Inequality in South Korea"  - Jiho Lee
  • "The Impact of Migrant Remittances on Rural Labor Supply: Evidence from Nepal"  - Amanda Wong
  • "Confirmation Bias: The Role of Messages and Messengers"  - Hongyu (Randol) Yao

Spring 2021

  • "Gender Equality and Economic Growth: Solving the Asian Puzzle"  - Zoya Ali
  • "Women in STEM: Moving Up or Falling Off the Academic Career Ladder?"  - Sophia J. Bai
  • "Time Dependence in Okun's Law at the State Level" - Sarah Baig
  • "Labor Regulation and the Impact on Firm Behavior in India" - Vatsal Bajaj
  • "Gender Representation in Academia: Evidence from the Italian Education System Reform" - Oyundari Batbayar
  • "Money & Marriage on the Elementary Mind: A High-Level Analysis of Inequitable Child Development in LA County" - Matthew J. Chang
  • "Unanticipated Unemployment Rate News on the Stock Market" - David Chi
  • "Should Physicians Be More Collaborative? Determining the Relationship Between Patient Participation and Treatment Plan Confidence Across a Spectrum of Illness Severity in the State of California" - Saif Chowdhury
  • "Modeling Optimal Investment and Greenhouse Gas Abatement in the Presence of Technology Spillovers" - Sabrina Chui
  • "Understanding the Influence of Marginal Income Tax Rates on Retirement Investment Habits"  - Daniel Cohen
  • "Infrastructure in India's Internal War: A District-Level Analysis of the Naxalite-Maoist Conflict" - Krunal Desai
  • "Do Eucalyptus Trees Increase Wildfires?"  - Lila Englander
  • "Understanding the Labor Outcomes of Hurricane Sandy" - Kevin Fang
  • "Does TikTok Show Viewers the Content Relevant to them?" - Ekaterina Fedorova
  • "The Impact of the Affordable Care Act Dependent Care Provision on Long-term Young Adult Labor Market Choices" - Anne Fogarty
  • "Orchestra Sex Disparity: Experimental Evidence from Audience Members" - Richard Gong
  • "The Big Three Medical Price Indexes: A Comparative Review and Analysis"  - Robert Hovakimyan
  • "Effect of Value-Added-Services on Customer Reviews in a Platform Marketplace" - Shankar Krishnan
  • "COVID19 Recession: Gender Layoff Gap Explodes" - Ember Lin-Sperry
  • "The Gender Wage Gap in China: Learning from Recent Longitudinal Data" - Donghe Lyu
  • "Local Graduation Policies as a Tool for Increasing College Eligibility: Evidence from Los Angeles" - Dan L. Ma
  • "Trust in Government and Lockdown Compliance in Sub-Saharan Africa" - Charles McMurry
  • "I Do (or Don't): The Impact of Same-Sex Marriage Laws on International Tourism" - Oliver McNeil
  • "International Shipping Consequences of a Navigable Arctic" - Jack Melin
  • "Investigating Dollar Invoicing Trends Using United Kingdom Export Data" - Aneesh Nathani
  • "Micro-Level Impact of Initial Public Offerings on Bay Area Housing Inflation" - Mina Nezam-Mafi
  • "Explaining EU's Oil Dependency Through the Response of the Portuguese Sector Indexes to Brent Oil Prices Fluctuations" - Pedro S. Nunes
  • "Dynamic Incentives and Effort Provision in Professional Tennis Tournaments" - Ruiwen Pan
  • "Examining the Effects of Minimum Wage Laws on Part-Time Employment" - Odysseus Pyrinis
  • "The Great Indian Identity Crisis? Exclusions & Intersectionality in the Indian Aadhaar System" - Aditi Ramakrishnan
  • "The 'Clutch Gene' Myth: An Analysis of Late-Game Shooting Performance in the NBA"  - Can Sarioz
  • "Estimating the Impact of Artificial Intelligence on Jobs Within the Healthcare Industry" - Sidharth Satya
  • "Factors Influencing Telehealth Utilization: Evidence from California" - Emily Schultz
  • "Cash and Conflict: Evidence from the Indian Banknote Demonetization" - Nachiket Shah
  • "Determinants of the Number of Anti-Government Demonstrations: Evidence from OECD Countries" - Nina Singiri
  • "Hygiene Heroes: A Process Evaluation of Promoting Hygiene Practices in Tamil Nadu Schools" - Malika Sugathapala
  • "Exploring the Labour Patterns of Women and Mothers Through the COVID-19 Pandemic: The Impact of School Closures and a New Kind of Recession"  - Renee Isabel Utter
  • "How Have Socioeconomic Achievement Determinants Changed in the Past Decade for First-Generation Chinese Immigrants in the U.S." - Haolin Wang
  • "The Impact of Quarantining on School Enrollment: Evidence from the Ebola Epidemic in Sierra Leone" - David Willigrod
  • "Weeding out Needy Households and Welcoming the Better Off? Impacts of Transactional Barriers on SNAP Participation Rates" - Kevin Woo
  • "Are Soccer Teams Being Inefficient? An Analysis of Sunk Cost Fallacy and Recency Bias Using Transfer Fee" - Junru Lyu
  • "The Effects of Access to Family Planning Facilities on Female Labor Market Outcomes"  - Marcus Sander
  • "Macroeconomic Volatility at the Zero Lower Bound: Evidence from the OECD" - Anthony Swaminathan
  • "How are Society's Conditions and Demographics Related to the Popularity of Chief Executive Carrie Lam  and the Hong Kong Government"  - Peter To

Spring/Summer 2020

  • "Parental Involvement: The Differential Impacts of Consent and Notice Requirements for Minors' Abortions" - Angela Ames
  • "Examining Local Price Levels and Income Distribution Over Time" - Josh Archer
  • "Estimating the Effect of Grandparent Death on Fertility" - Jason Chen
  • "Democracy in the Face of COVID-19: Have Less Democratic Countries Been More Effective at Preventing the Spread of This Pandemic ?" - Yi Chen
  • "Understanding the Effects of Conditional Cash Transfers on Indigenous People in Mexico" - Arushi Desai
  • "Microfinance and Payday Lending: Are they Solving a Problem or Creating One?" - Sophia Faulkner
  • "The Risk-Taking Channel of Monetary Policy and Foreign Banks" - Noah Forougi
  • "Ride of Die? Metropolitan Bikeshare Systems and Pollution" - Sean Furuta
  • "Internet's Important Involvement in Information Industry Integration in Idaho, Iowa, Illinois, Indiana (and others): How the emerging internet affected the economic geography of the information industry" - Keming (Alex) Gao
  • "The Relationship between Economic Crises and Long-Run Wealth Inequality" - Renuka Garg
  • "Voter Bias in the Associated Press College Football Poll : Reconducting a 2009 study with new data in a $1 Billion-dollar industry that has seen significant changes in the past decade"  - Brent Hensley
  • "Monopsony Exploitation in Major League Baseball: Using Wins Above Replacement to Estimate Marginal Revenue Product" - Jacob C. Hyman
  • "The Relationship Between Currency Substitution and Exchange Rate Volatility" - Jewon Ju
  • "Efficiency, Bias, and Decisions: Observations from a Sports Betting Exchange" - Alexander Kan
  • "The Effect of Medicaid Expansion on Substance Use Disorder Treatment Utilization: Evidence from the Affordable Care Act" - Christy Kang
  • "Analyzing the Relationship between Personal Income Tax Progressivity and Income Inequality" - Gevorg Khandamiryan
  • "The Effects of Occupancy Taxes on the Short-Term Rental Market: Evidence from Boston" - Alan Liang
  • "Corporate Types and Bank Lending in Contractionary Era: Evidence from Chinese Listed Companies" - Zishen Liu
  • "Financial Constraints on Student Learning: An Analysis of How Financial Stress Influences Cognitive Function in Children" - Simone Matecna
  • "The Effect of Workplace Inspections on Employment and Sales - A Regression Discontinuity Analysis" - Jeseo Park
  • "Lending Sociodynamics, Economic Instability, and the U.S. Farm Credit Crisis" - Erfan Samaei
  • "The Effect of Intangible Assets on Value Added: Evidence from microdata across small and large firms in Europe" - Tamara Sequeira
  • "Price Efficiency Differences Between Public and Private Utilities: An Empirical Analysis of US Electric Utilities" - Yechan Shin
  • "Effect of Campus Shootings on Academic Achievement: Examination of 2014 Isla Vista Killings" - Min Joo (Julie) Song
  • "First-Degree Price Discrimination: Evidence from Informal Markets in India" - Rishab Srivastava
  • "Who Benefits From Gentrification? A Case Study of Oregon Public High Schools" - Namrata Subramanian
  • "Estimating the Economic Impacts of Wealth Taxation in France" - Jeffrey Suzuki
  • "Transit-Oriented Development or Transit-Oriented Displacement? Evaluating the Sorting Effect of Public Transportation in Los Angeles County" - Yeeling Tse
  • "How State Abortion Policy Restrictiveness is Associated with Unintended Pregnancy Outcomes in the United States from 2014-2018" - Ruhee Wadhwania
  • "Global Food Security and the El Niño-Southern Oscillation"  - Aidan Wang
  • "The Relationship Between Pharmaceutical R&D Spending and NME Development" - Taylor Wang
  • "The Role of Individual Risk Attitude in Occupational Inheritance" - Yi Wang
  • "Labor Market Segmentation: Evidence from U.S. Janitorial Jobs Advertised in English and Spanish" - Zijun Xu
  • "Bias on the Brain: How Patient Gender Influences Use of Emergency Room Diagnostic Imaging" - Abigail Zhong
  • "Age Effects, Irrationality and Excessive Risk-Taking in Supposedly Expert Agents" - William Aldred
  • "Pricing Disparities for Minority Communities in Chicago: Rideshares and Taxis" - Matthew Cleveland
  • "Where My Negros At? Evaluating the Effects of Banning Affirmative Action on Black College Enrollment" - Ellie Koepplinger
  • "Race and Recession: How Minorities May Affect Downturns" - Alexander Szarka
  • "Understanding the Effects of Canadian International Food Aid on Production and Trade" - Patrick D. Tagari
  • "Urban Property Rights and Labor Supply in Peru: Heterogeneity Analysis by Gender and Educational Attainment" - Juan Sebastián Rozo Vásquez
  • "Effect of High-Speed Rail on City Tourism Revenue in China: A Perspective on Spatial Connectivity" - Lingyun Xiao

Archives (2009-2019)

Economics Dissertation Topics

Economics is about making choices in the face of scarcity and uncertainty and ensuring that resource allocation is effectively and efficiently done. What was popularised by writers, researchers and philosophers such as Adam Smith in the 1770s, has become a field with significant relevance and importance in today’s society that is highly financialised and globalised. Dating back to medieval scholastics as well as literature published back in the 15th and 18th century, through the 19th century, the concerns of economics have largely focused on aspects such as choices of individuals, borrowing, money, consumption and production, occupations and employment, markets, trade, pricing of assets, taxes, and most recently human behaviour in relation to economic decisions.

There are multitudes of research studies, within the existing literature, that have been conducted in relation to the above concerns and many of these have resulted in a number of models that attempt to provide possible explanations to real world problems. As the world continues to evolve with the advent of technological advancements that have increased the pace of transformation and globalisation, new areas in economics have emerged as worthwhile research targets. The following are possible economics dissertation topics to choose from for your academic research project in economics:

Economic Geography Dissertation Topics

Economic sociology dissertation topics, institutional economics dissertation topics, microeconomics dissertation topics, macroeconomics dissertation topics, regional development dissertation topics.

  • Employment Economics Dissertation Topics

Financial Economics Dissertation Topics

This is the area in economics academic literature that is concerned with the role of geographic location and place with the economical outcomes. It focuses on describing and analyzing patterns and trends in human behavior and activity to gain understanding of the processes and drivers that shape and affect the economic and cultural landscapes. Within regions and localities, there are great dynamics that shape the nature and extent of economic activity. Below are some suggestions for economics dissertation topics on economic geography:

  • The impact of local and regional cultures on shaping entrepreneurial economic development.
  • Can entrepreneurial attitude be exported? The role of emigrants in introducing new entrepreneurial attitudes.
  • Differences of entrepreneurial behaviour in rural and urban areas.
  • Is there any relationship between mature industries dominating small towns and their local cultural factors?
  • The role of local culture in promoting regional innovation networks.
  • National, regional and local policies to support local clusters: opportunities.
  • How can policy support the creation of a local cluster?
  • Are networks affected by local proximity? Differences between co-localised and dispersed networks.
  • The likelihood impact of Brexit on policy outcomes that shape the local economy in UK cities.
  • A model for the development of information and communication technology incubators in the UK. Analysis of the concentration of Top 50 IT companies.
  • What is causing regional divergence? An analysis of the richest and poorest regions in the UK.
  • The economic geography of recession. Difference between regional and city economics in the UK.
  • Why are housing built in flood-prone coastal areas?
  • Understanding educational progression at the local level: A comparison of the North and South cities in the UK.
  • How COVID has contributed to house price volatility in various cities in the UK.
  • How the COVID lockdown has affected social life of big cities.
  • Will coronavirus cause a big city exodus?

Economic sociology refers to sociological aspects influencing the economic indicators and their relationship with social outcomes. It is the study of how the material conditions of life are produced and reproduced through social processes and broadly covers the sociology of markets and the sociology of consumptions. Possible economics dissertation topics in this area include:

  • The role of social networks in supporting innovation activities in mature industries.
  • The financial and non-financial support of family in the development of successful entrepreneurship.
  • The private network as the facilitator of the firm start-up.
  • Exploring the differences between trust and power in local productive systems.
  • Social contracts and peer-pressure as the source of traditional industry development in the UK.
  • Can cultural mix increase productivity in creative industries? Evidence from the UK.
  • The role of social and intellectual capital in rural places in the UK.
  • Is social capital a critical factor in the British creative industries?
  • How can universities take advantage of social networks to induce entrepreneurial action among their students?
  • The role and contribution of social entrepreneurship in the UK.
  • The economic impact of migration from different regions of the world to the UK. Comparative analysis between the EU and the non-EU migration.
  • Is the relationship between economic and social development linear?
  • The convergence of economic systems in the wake of globalisation and their implications on the social development across developed, emerging and developing national economies.

Institutional Economics relates to a variety of economics traditions that are concerned with social institutions which are linked to consumption, distribution and production of goods and services as well as the underlying corresponding social relations. In essence, Institutional Economics has a relatively broad inquiry scope and is considered to have relatively close ties with other disciplines such as anthropology, economic sociology, psychology, economic history, behavioural economics, behavioural finance, physical science, management and business studies, and nowadays neuro, cognitive and brain science. This implies that there are various dissertation topics that can fall under the Institutional Economics bracket; some of these include the following.

  • An assessment of the implications of Institutional Economics methodologies for the analysis of the property market.
  • A study of how the theoretical assumptions of the New Institutional Economics’ (NIE) micro analytical level influence a firm’s choice of governance structures.
  • How do habits and routines affect productivity? The case of (an industry).
  • How does the culture mix impact on the organisation of firms in the UK?
  • Resilience to economic shrinking in an emerging economy: the role of social capabilities.
  • Financial constraint, trust, and export performances: The case of UK SMEs.
  • Efficiency in the property market in the UK: An institutional perspective.
  • Transaction costs and economic development.
  • A resource-based theory analysis to firm co-operation.
  • How can transaction costs economics account for inter-firm collaboration?
  • Ownership and control in the UK: An institutional analysis.
  • Institutions and policies of economic freedom: different effects on income and growth.
  • How does job experience relate to entrepreneurship? Evidence from the UK.
  • Educational aspects of entrepreneurship. The role of formal school in promoting entrepreneurial capacities in the UK.
  • Latent entrepreneurship: the UK vs Europe.

Microeconomics has to do with supply and demand, and with the way they interact in various markets. It is andconcerned with how economic agents, that is, individual decision-makers (both consumers and producers) behave in different economic settings. The overarching goal of microeconomic research is to identify the incentives of various agents and trade-offs that they may face. To understand behaviour of individuals in terms of their economic decision-making, researchers build various models, use data and conduct experiments.

The following are the examples of dissertation topics on ‘Microeconomics’:

  • The evolution of household consumption in the UK over the last 10 years: Trends in consumer behaviour.
  • Are mergers and acquisitions related to productivity in UK firms?
  • Is the minimum wage still relevant in the UK economy?
  • Is the British retail sector becoming less oligopolistic? An analysis of the impact of new supermarkets.
  • Are British oligopolistic markets really oligopolistic?
  • Conditions for the existence of a knowledge firm.
  • Characteristics of the innovative organisation in the UK.
  • Are UK firms more innovative than their European counterparts?
  • The impact of the European regional policy on British small and medium enterprises (SMEs).
  • The energy market in the UK: A microeconomic approach.
  • The impact of regulation on British industries: The case study of Uk energy sector.
  • Does firm size affect firm profits? Evidence from telecommunication firms in the UK.
  • Game theory and decision theory.

Macroeconomics is concerned with how the overall economy works and how all markets interact to generate big phenomena that economists call aggregate variables. It studies such things as employment, gross domestic product, inflation, national income, employment and the interaction between the global economy and financial markets.

The following are the examples of dissertation topics on ‘Macroeconomics’:

  • How do interest rates affect consumption in the UK?
  • What is the role of the dollar evolution in UK spending?
  • The magnitude of the impact of oil price changes on UK consumption.
  • The impact of Brexit on consumer spending in the UK.
  • The impact of Brexit on employment and labour in the UK.
  • What factors influence the salary inequality across the UK?
  • The evolution of the exchange rates in the UK: Causes and consequences.
  • Negative interest household savings in the UK.
  • The impact of the common agriculture policy (CAP) on British agriculture.
  • Economic growth and productivity. The UK in the century transition.
  • Interest rates and foreign direct investment in the UK.
  • Brexit and foreign direct investment in the UK.
  • Monetary policy pass-through for the UK after Brexit.
  • Development of UK monetary policy overtime.
  • Does inflation affect firms’ profits in the UK?
  • Macroeconomic determinant of house prices in the UK.
  • Unemployment and regional mobility of labour in the UK.
  • The impact of finance on growth: The case of UK.
  • Economic growth and unemployment: Is there a relationship in the UK?
  • The macroeconomics of SMEs entrepreneurship in the UK.
  • Global economic recession and factors that contribute to it.
  • Is the UK insurance system economically viable?
  • How does the Greek financial crisis impact the EU economy overtime?
  • The impact of COVID income inequality in the UK.
  • Coronavirus and wage inequality: The case of UK manufacturing sector.
  • COVID and economic recession: Will the impact be more pronounced than the 2007 financial recession?
  • Role of information technology in economic development.
  • Social inequality: the difference between wealth and income.
  • Why is insurance necessary for the economic development of a country?
  • How is the tax burden shared between buyers and sellers in the UK?
  • Asymmetric information and adverse market selection: A case study of UK insurance market.
  • Economic rent and transfer earnings in the UK.

This discipline is focused on understanding the dynamics of regions as smaller economies with their own circumstances and outcomes. The focus is on the internal working of the regional economies as well as on their interaction with other regions. There is a component of economic growth and development at a regional level. The suggestions below will give you further ideas for your economics dissertation topics:

  • Regional development and profitability of the businesses. What are the factors underpinning this relationship?
  • The contribution of entrepreneurial networks for regional development.
  • Implications and development of regional development policy in the UK.
  • Infrastructures and regional development. How can the rail and road network explain the differences in the development of regions in the UK.
  • Regional comparative advantage in natural resources and regional development.
  • Effect of regional policy surrounding start-ups on regional development: more new firms or better old ones?
  • The role of broadband internet technology in regional development: co-relation between internet speeds and regional development?
  • Public investment and regional output: Evidence from the UK regions.
  • Robustness of regional institutions and development: How to search for a link?
  • Regional aspects of entrepreneurship in the UK.
  • Differences between types and extent of entrepreneurship and unemployment across England, Wales, Scotland and Northern Ireland.
  • Convergence and endogenous growth differences between South East England and the rest of the UK.

Employment/Labour Economics Dissertation Topics

Employment is considered to be a key concept in economics and its significance is reflected in the perception that people at work are seen as individuals/groups of individuals involved in the production of services and goods. Such production requires human capital and time; thus, organisations of different types pay people that are involved in the production process providing them with income that is later used to boost economic activity. In macroeconomics, low rates of national employment may signal underdevelopment or long-lasting depression while high rates of national employment may signal economic growth and development. Below is a list of dissertation topics that cover the area of employment economics.

  • Work from home or office and employee wellbeing: The case of the COVID pandemic.
  • A study of how flexible employment affects political support for social policy protection.
  • The impact of gender inequality in employment on economic growth and workforce productivity.
  • The influence of economic cycles on employment, workforce productivity and innovation: a study of manufacturing industries.
  • Local pools on unemployment in the UK: Looking for similarities.
  • Factors determining self-employment in the UK.
  • The effects of minimum wages on British employment.
  • How does technological innovation affect British unemployment? Evidence from the manufacturing industries.
  • A comparison of self-employment across Europe: Where does the UK stand?
  • Government policies in support of self-employment: Evidence from the UK.
  • The effects of immigration on British employment and productivity.

Financial economics concentrates on exchanges in which money of one type or another is likely to appear on both sides of a trade. Financial markets are crucial in facilitating these exchanges at a relatively reduced transaction cost. In many such cases, the amount of money to be transferred in the future is uncertain. Financial economists thus deal with both time and uncertainty. Often the latter is called risk. Financial economics is thus a branch of economics that examines the utilisation and distribution of economic resources in financial markets in which decisions must be made under uncertainty.

The following are examples of dissertation topics on ‘Financial Economics’:

  • How has the coronavirus pandemic affected the UK stock market?
  • How is the FTSE affected by interest rates?
  • Does CAPM measure the risk of stocks listed on the FTSE 100?
  • How does the behaviour of the FSTE 100 affect economic growth?
  • Behavioural finance: A study on the motivation of British investors.
  • The determinants of corporate debt in the UK.
  • The role of private equity and debt market in the finances of SMEs in the UK.
  • Do SMEs achieve higher profitability rates than large corporations in the UK?
  • The financial structure of British firms: A comparison with the European Union.
  • Financial markets and financial intermediation in the UK.
  • Temporary and permanent components of asset prices in the UK.
  • Capital and financial structure of UK companies.
  • Investor protection and corporate governance: Comparison between EU and US financial market.
  • Political uncertainty on asset prices.

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Home — Blog — Topic Ideas — 100 Economic Research Topics

100 Economic Research Topics

economic research topics

Studying economics can be quite challenging and even confusing at first, yet once you brainstorm various helpful research topics , you instantly understand the range of ideas that can be explored. You may not be majoring in economics per se and studying Sociology or Education since economics is always involved in every discipline. It makes it extremely difficult to find good economic research topics for your Master's thesis, dissertation writing, or a simple essay that you plan to use for debates. Keeping all of these challenges in mind, we have collected 100 competitive economic research topic ideas to assist you in making your scientific work perfect! 

Defining Economics Research Areas 

Economics studies can be defined as a branch of science that deals with the production, analysis, distribution, and behavioral consumption of goods and services. You can study economics that relates to individuals, corporations, businesses, governmental aspects, and the countries as the resources are being shared. Science can take different shapes and talk about social factors, technology, banking, finances, and international relations. 

There are two main research areas which are micro- and macroeconomics. Microeconomics deal with small-scale issues, while macroeconomics is mostly dealing with global challenges. You can also deal with calculations, accounting, social development, and analytical writing. You can also deal with econometrics, which is a complex economic theory that implements statistical interference to explain and quantify the economic state. 

Choosing Interesting Economic Topics For Your Economics Paper 

Although we are not dealing with creative writing and disciplines like Philosophy and English Literature, it's still necessary to choose something interesting and inspiring. The subject should motivate you to research and make a statement. First of all, you have to determine whether your problem is closer to microeconomics or takes a larger range of economic factors, thus requiring macroeconomics. This way, you should follow these 7 tips on how to choose an interesting subject: 

  • Choose something that you know well based on what makes you feel inspired. 
  • Research the subject that you would like to explore and see what gaps are present. 
  • All economic research paper topics must be connected to the main thesis statement. 
  • If your paper is explanatory or descriptive, you can make a statement in your title. 
  • When you write an argumentative paper, you can ask a question in your title. 
  • Always narrow things down when you are dealing with the general concepts. 
  • Your topic should be clear enough, yet should not give out the results of your work. 

What a Research Paper in Economics Should Look Like? 

Your econommics paper structure should contain introduction with a thesis, three to five body paragraphs, a statistical paragraph, and the conclusion. Getting into details, your paper should represent: 

- Introduction must start with a statistical fact, an assumption or an interesting idea that acts as a hook sentence. The final sentence should be your thesis. 

- Body Paragraphs must include at least three arguments with quotes and examples. Once you provide an example, it's vital to offer analysis. 

- Analytical Bits . Since you are dealing with economics, make sure that you add statistical information or an explanation of your methodology before you come to the final part. 

- Conclusion part should either make a call to action or sum things up in simpler terms. You can also make recommendations and explain what your research paper was able to achieve. 

The Main Economics Topics for Research Paper Studies 

Since there are so many topics that can be explored in economics, our experts decided to narrow things down and outline ten important subjects that are most popular among college and university students: 

  • Investments and the management of risks.  
  • Digital economics and social media marketing. 
  • Economic development across the world. 
  • Econometrics and explanation of the cases. 
  • Competition and market management. 
  • Ethical aspects of consumerism in economics. 
  • Digital vs human challenges in accounting. 
  • Cryptocurrencies and data mining. 
  • Sustainability and interdependence of corporations. 
  • Microeconomics and financial risk avoidance. 

These are only the basics that are constantly encountered among college tasks. If you want to explore more, follow 100 research topics for economics as you plan to write your assignment! 

100 Economic Research Topics Divided By Subject 

- Bachelor's Topics in Economics.  

When you are writing an economics paper for your Bachelor's degree, the most important is to conduct due research and include examples. It creates a challenge because you have to provide high originality as you balance your sources and analytical information. Regardless if you are dealing with the business managerial side of economics or researching global investments with the elements of accounting, these research topics will provide you with helpful information. 

  • The impact of the Covid-19 pandemic in relation to housing prices in the United States. 
  • The history of the foreign exchange market. 
  • The Indian heritage and allocation of the economic resources in India. 
  • Irrational behavior in the field of digital marketing. 
  • Free market economy versus free enterprise systems. 
  • Economic influence when dealing with poverty. 
  • The role of education in the field of economics. 
  • Criminal groups and the development of economic methods in Brazil. 
  • The Ukrainian conflict and the European economy. 
  • Productivity and bias in the employment selection. 

- Master's Topics in Economics. 

When you are asked to write an assignment that matches the Master's level in economics, you should start with a deeper type of research or consider subjects that are not so common. At the same time, you can choose a topic that is widely discussed, yet narrow things down a little bit. You can choose both local and international events or focus on a case study as you provide analytical information. Here are some research paper topics in economics that you may start with as you brainstorm these topics: 

  • The role of personal data management when making an online payment. 
  • Random events in the United States and planning short-term economic success. 
  • Economic freedom through the lens of paternalism: Amazon case study. 
  • Demographic factor after WWII: a forced economic growth? 
  • Experimental preferences and the digital economy: shaping social preferences. 
  • Cryptocurrency as the addictive practice: mining versus the classic stock market. 
  • The effect of bulk consumption through the lens of the famine in Africa. 
  • Economic perspectives in the regions that have been affected by the armed conflicts. 
  • The pros and cons of Green Energy technology as the financial sector expands. 
  • How does the inclusive workflow affect economic development in the workplace? 

- Microeconomics. 

If you require something more small-sized and related to a specific branch of economics, you should think about considering this list of topics that deal with microeconomics. When you are dealing with single methods, factors, and the effects of the individuals, you will be able to find relevant sources and examples. Here are some outstanding ideas to start with:

  • The most efficient methods to help small businesses avoid debt. 
  • The post-Brexit effect on the companies that are dealing with bankruptcy. 
  • A comparison of the EU taxes and the American system of taxation in the economy. 
  • The role of microeconomics when dealing with local economic crimes. 
  • How can digital marketing help to maximize profits via seminars ? 
  • How can supply and demand be made transparent for the audit? 
  • The methods to track consumer equilibrium. 
  • Allocation of funding in the local bakery: an economic plan. 
  • Spending a government surplus: what are the legal aspects to know in the USA? 
  • Starting a small business overseas: what is the Matthew inequality effect? 

- Macroeconomics . 

In simple terms, when you are asked to compose an assignment based on macroeconomic research studies, you will have to deal with the large-scale analysis of the global or basic economic ideas that take place. It can be the national interest or the economic output of an entire country. The subjects related to this field may include the gross domestic product or the employment rates in a particular country. You may check these essay topics for economics : 

  • History of the monetary policy in the United States. 
  • Sustainability of the economic growth in South Africa.
  • The pros and cons of equitable distribution. 
  • The most efficient method to address unemployment in the economy. 
  • How to address the challenges of total consumption? 
  • Economic system of Iceland versus Norway. 
  • The role of a single household in the general economic system. 
  • The controversies related to inflation studies in financial department . 
  • Geopolitical events and the challenges of the national economic systems. 
  • The reasons why outsourcing ruins the national economy. 

- Financial Economics. 

It deals with the resources that are related to markets and financial calculations. It means that you are dealing with various economic theories as you address the risks, costs, opportunities, and temporal challenges. The most challenging is that you have to deal with a correct distribution of available resources . Since it is a very complex branch of economics, you should consider brainstorming various ideas: 

  • The dangers of AI-based calculation and strategic planning for large corporations. 
  • Investment risks related to individual stock systems. 
  • Creation of a financial portfolio in the digital realm: the changes in 2022. 
  • Public finances law versus private investment stocks. 
  • Present value through the lens of Pharmacology and epidemics. 
  • Risk management diversification when econometrics is used. 
  • Monetary issues and the current Swiss system: what are the pros and cons? 
  • Online banking and the accessibility factor: how far can safety go? 
  • Digital accounting and the job on-site training challenges. 
  • Approaching large markets through micro private foundations. 

- Economic Discussions. 

The majority of college and university students majoring in Economics have to go through various debates where they must provide arguments or argue regarding the best methods to approach a particular problem. This can easily get challenging, which is why you should either come up with a general idea or make a statement that will be hard enough to challenge as there will be several opinions. See these economic essay topics for your ECON degree to get a better idea: 

  • The controversy of the federal fiscal policy in the United States.  
  • The economic damage that is caused by data mining and cryptocurrencies. 
  • Green Economics is the only future approach to addressing poor countries. 
  • Immigration helps to achieve better equality in our economic equilibrium.
  • The reasons that cause an imbalance between demand and supply. 
  • How can a small business protect production costs through competition? 
  • The pros and cons of the consumer demand strategy in practice. 
  • Apple and Amazon corporations: are these monopolies? 
  • Digital media is helpful for economics: branding and influence. 
  • Marginal analysis of college budgeting when using several plans. 

- Development Economics . 

Development economics is one of how branches where you study the ways how emerging nations achieve certain financial stability via strategic management and cooperation. Economists study this field of science when dealing with poor countries, yet it's also encountered when one has to create both domestic and international policies. As you develop economic policies for your research, you should define whether you are dealing with the micro or macro environment. Here are some ideas to consider: 

  • The methods how outsourcing methods can help improve economic productivity. 
  • The bond between higher literacy rates in rural areas and economic growth .
  • Traditional economies versus command economies strategies. 
  • The use of natural resources in Iceland as a major factor in economic development. 
  • The most efficient ways to achieve better physical capital outcomes. 
  • Mixed markets distribution n Asia: why do some brands become more famous? 
  • The role of entrepreneurship for economic growth. 
  • The real estate investments and the strategy of bulk economy purchases. 
  • Short-term and long-term goals when dealing with economic development. 
  • The importance of industry diversification during times of globalization. 

- Social Economics. 

In simple terms, when you are dealing with social economics, you are researching the social aspect of economics where the main focus is a set of social methods, behavior strategies, and calculations. The practical examples are stability in employment, strong business networks among small to medium companies, social security, good schools, and the aspects like medical care and the daily sides of life. As you research the social aspect of economics, consider these economics topics for essays : 

  • Occupational factors for economic growth between the United States and the UK. 
  • Environmental care campaigns and the funds allocated for delivering the message. 
  • Green energy and the climate change challenges required to make the industrial transition efficient. 
  • Social inequality and the educational requirements. 
  • The benefits of an equitable distribution of global wealth and education. 
  • The minimum standards between Germany and Sweden (you can choose any other country). 
  • Establishing socialist economy in the model country: an economic outline. 
  • Analysis of the Socialist Republic of Vietnam through the socio-economic lens. 
  • The core principles of the moral side of economics. 
  • Corporative protection of private information and personal data when making investments. 

- Technology and Economics Ideas. 

Technology is a part of modern economics that always comes along and becomes an integral factor for the successful integration of digital strategies, online banking, and, most importantly, cryptocurrencies and data mining. If you are dealing with the Data Sciences discipline or require assistance with the SMM or digital economics in the modern era, you must take your time to explore the topic ideas below as you seek an innovation : 

  • An ethical side of data mining practices for private economic growth.  
  • Technological differences between microeconomics analysis and global statistics. 
  • Economic analysis of the vaccination campaigns (Covid-19 analysis case). 
  • The pros and cons of online banking for the elderly population. 
  • AI-based tools as a method of the safer management of funds. 
  • Simplification of accounting with the help of digital solutions. 
  • Advertising as a way to achieve rapid economic growth. 
  • The controversy of digital bankruptcy. 
  • Transnational corporations and the ethical standards of intellectual property sharing. 
  • Cryptocurrency markets and the closed-circle environments. 

Ph.D. Economic Topics to Write About

When you are planning to compose a dissertation and need excellent Ph.D. topics in economics, it is possible to approach the subjects that are widely discussed in the media or narrow your studies down to something specific. Generally, it's not recommended to use a single case study to research the Ph.D.-level topics. You may include a challenging problem and provide a synthesis with several solutions based on literature reviews. You can check these ideas and identify the scientific areas that you can work on as you become enrolled in a Master’s program. Use them as the starting points as you explore these ideas for a presentation or research writing: 

  • Development economics in Congo: why is the wealth not becoming an efficient solution? 
  • The challenges of the foreign direct investment strategy during the post-Brexit period in the UK. 
  • Trade policies in the Asian markets: analysis of the free markets and the public reports. 
  • Why is China remaining one of the most powerful economies while following a socialistic model? 
  • Analysis of the perfect competition in the online markets: the role of influencers. 
  • Social media as the new method of demand and supply: learning the restrictions. 
  • The role of education in economic growth: why education is not always helpful? 
  • Unemployment in the European Union: the pros and cons of forced immigration. 
  • Marine trade barriers and finding advantages as the exchange rates are involved. 
  • Linguistic factors and the words lost in translation when dealing with economic global reports. 

When You Require Assistance

When you are feeling lost and need assistance with a subject that relates to economics in this way or another, you should not seek elsewhere as we have good subject ideas for college and university students. Even when you need competitive ideas for your undergraduates debate class or would like to focus on the social side of economics, you can easily find an essay on the topic on our website . Brainstorm the topics, play with the wording, and never hesitate to ask for help if something is unclear. Remember that your main thesis statement should be connected to your title, so make your choice wisely and take your time!

social media research topics

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a good economic thesis topic

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50+ Excellent Economics Papers Topics You Shouldn’t Miss

economics paper topics

The field of economics has attracted quite a small number of students as compared to other academic fields. Many attribute this to the complex math calculations and ever dynamic world of economics. Nevertheless, our top expert writers have gone through all these and are competent to help you craft a professional-looking economics paper.

What Is Economics?

It is a social discipline concerned with the production, distribution, and consumption of goods and services—economics studies how individuals, governments, businesses, nations, and businesses make choices about allocating resources.

From the definition, you can already sense a smell of complexity in this subject. However, that should not deter you from writing excellent economics papers either in high school or college. Remember that there are two types of economics; micro and macroeconomics. Therefore, you can always choose which side is best for you and settle on it.

What Entails Good Economics Papers Topics?

The first principle to understand is that economics is a field of numbers and statistics. It is thus necessary to understand how to convert these complex figures into manageable topics best. To achieve this, follow the tips below:

Avoid using a lot of numbers in your topic Make your topic as precise as possible Focus on one aspect of economics; micro or macro Do not water down your topic to mere statistics

A great and exciting topic can win the hearts of many. If this is hard for you, look at the sample economics paper topics below for your inspiration:

Interesting Economic Topics For College

  • The role of effective decision making in analyzing the cost-benefit
  • Factors involved in the division of labor and specialization
  • The central tenets of well-thriving economic institutions
  • Discuss the various economic systems in the US
  • What is the general impact of incentives and appreciations?
  • The role of banks in determining the flow of money

Economic Topics To Write About in 2023

  • What determines the opportunity cost for any venture?
  • The role of determining productive resources first in a start-up
  • Measures and strategies that improve productivity in workplaces
  • How effective are property rights in the US?
  • Why scarcity remains to be a problem in the world of economics
  • Is technology the game-changer in economics?

Economic Research Paper Topics in Macroeconomics

  • Discuss Aggregate Demand as a concept of macroeconomics
  • How does aggregate supply relate to aggregate demand?
  • Effective means of dealing with budget deficits and public debt
  • The relevance of monetary policies in business cycles
  • The impact of coronavirus in economic growth and recession
  • Dealing with employment and unemployment crisis in developing countries

Research Paper Topics in Economics – Microeconomics

  • The importance of competition and establishing market structures
  • How consumers play a crucial role in maintaining an economic balance
  • Discuss the elasticity of demand in developed countries
  • Causes of market failures in the technological age
  • The roles of government in maintaining price ceilings and floors
  • A public-choice analysis of the cosmetics industry

Good Topics For Economic Research Papers on International Economics

  • Impact of the ban on travel on international economics
  • Analyze the balance of trade and balance of payments
  • What are the barriers to international trade?
  • How to deal with smuggling and substandard trade goods
  • How tourism is shaping the world of international economics
  • The role of foreign exchange rates on international trade

Personal Finance Economic Paper Topics

  • How to make compound interest from a start-up business
  • Cashing in on credits and loans as an aspiring entrepreneur
  • Navigating through different financial markets
  • The effect of human capital in the economic cycle
  • Why it is important to get personal and business insurance cover
  • Benefits of personal savings and investments in the 21st century

Macroeconomics Research Paper Topics For Students

  • Effective investment ventures as an endogenous variable
  • The importance of understanding the macroeconomic equation system
  • How the fiscal policy is crucial in macroeconomics
  • Considerations when settling for interest rates in banks
  • Discuss inflation as a macroeconomic variable
  • Analyze the challenges in formulating macroeconomic policies

Interesting Topics in Economics

  • How do individuals make financial decisions?
  • The behavior of consumers to changes in the price
  • How do companies best cooperate?
  • Dynamics of demand and supply in the light of population pressure
  • The efficiency of costs in producing and selling goods
  • The role of business organization and structure

Amazing Economics Paper Topics Ideas

  • The implications of specific human activities on the economy
  • Economic laws that help to maintain an equilibrium of exchange
  • How to understand the behavior of financial markets
  • Human decisions behind the success of businesses
  • Falsifiable tests associated with economics
  • Unethical practices in the field of economics

Interesting Macroeconomic Topics

  • Discuss the monetarist and Keynesian branches of economics in the USA
  • The role of an activist government in irrational market swings and recessions
  • Effects of economic analysis on the stock market exchange
  • How economic conditions move markets and guide investment decisions.
  • What the GDP says about a country’s economic performance
  • Determinants of consumer spending levels

You could use one of the topics above for your economics research paper or modify it to fit your assignment. If you need fast research paper writing help, our expert writers are on standby to offer you that fantastic experience. Try us today.

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a good economic thesis topic

How To Pick A Topic For Your Economics Research Project Or Master's Thesis

Read a summary or generate practice questions using the INOMICS AI tool

One of the biggest and most exciting challenges of a young academic's career is coming up with that first economics research topic. Knowing how much is riding on the decision, it can also be pretty stressful. With so much to consider, we thought it would be easier to break the decision-making process down into some key points. Consideration of each will give you the best chance possible to make sure the topic of your economics Master's thesis is the right one - both for you personally and for your future career.

Without further ado, read on for our advice on how to pick a topic for your economics thesis.

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How to pick your economics master's thesis

1. Make sure it's something you're interested in

This sounds obvious, but you should make sure that the project you choose is of interest to you. If you're going to be working on a project for months or even longer, then it has to be something which you are engaged with.

The best way to keep engaged is to pose a question for your project to which you want to know the answer. Think back over the lectures you've attended and the books you've read, and consider what issues you enjoyed discussing and thinking about. If there was ever a topic which you came across and enjoyed studying, but didn't have the time or resources to investigate more, this is your chance to dive deep and become an expert.

2. Get inspired by previous students' projects

If you're unsure where to start, or don't know what sort of project would be appropriate for your course, it's a great idea to look at previous students' projects. In most universities you'll be able to access previous student theses in the library, so you should take advantage of this resource.

While you should never copy someone else's idea, you can use it as inspiration. For example, perhaps someone has done a project on the economic implications of an international policy within a certain country. Your project could look at the implications of that same policy in a different country. Or you could look at a similar policy in a different period of history.

Additionally, many alumni will still have links with your university, so it may be possible to get in contact with them directly. If someone has written about a topic you are interested in, do not hesitate to request a meet up to pick their brains. Most academics relish the opportunity to discuss their own research, so there is no reason to be shy. In any case, it is always fascinating meeting those more experienced than yourself who have remained in the field.

3. Ask your lecturers or supervisor for advice

Once you have one or more ideas about thesis topics, you'll want to ask for advice from people who have experience in assessing projects. You don't want to do a lot of work on a project idea, only to hear much later that your supervisor thinks your topic is not a good choice.

Do some basic preparation before meeting with a supervisor or lecturer. Make sure you understand the basic facts of the topic area in which you're interested, and that you have some ideas about what your research question will be and what methods you'll use to study it.

Further, make sure that you get feedback on your idea early in the process. This advice extends to the rest of the research project too. It is your supervisor's job to guide you, so keep in regular contact with them throughout the course of your research.

4. Pick something original, but not too obscure

It’s common to struggle to come up with new economics research topic ideas, but you don't want to do the same project which has been done by a million students before. Not only will this be uninteresting to you, but it will be uninteresting to the person marking your thesis.

Try to come up with a novel approach or a new topic to study. Perhaps there is a new type of data analysis you could use to study an old problem from a new angle. Perhaps new data has been made available, and an older study could be challenged or reaffirmed by studying the new data.

However, be wary of anything too obscure – you don't want to be stuck with no materials or resources to work from. To reiterate the above, definitely run your more ambitious topic ideas by your supervisor to help avoid the pitfall of going too niche and really falling down the rabbit hole.

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5. Choose a small and specific topic

One general tip when coming up with a project or research question is to think smaller. If you don't know a lot about a topic, you won't yet appreciate all the subtleties and complexities it contains. You might think that you can produce a great project on the impact of the introduction of the Euro in Ireland, for example, but this topic is way too broad to cover in a Master's project.

Choosing a topic that is far too broad like the above example is a common mistake that new students make when they are unfamiliar with academic research. Get more specific, and your project will not only be more manageable, but you will actually get to the crux of something.

It may seem counterintuitive, or scary - it can seem impossible to write 50 or more pages about an obscure question. But, it’s much better for your final evaluation to maintain a small scope and conduct very high-quality research about that small topic, rather than attempt to explain a large phenomenon alone and fill up an entire paper with surface-level analysis.

6. Consider an interdisciplinary topic

If you're thinking of economics Master's thesis ideas but find yourself interested in another academic subject, you may have the opportunity to learn about that field as a part of your research project. You could consider a project which touches on a subject like history, sociology, business, politics, or psychology, for example.

The advantage of this is that you can try out learning information and methods from another field to see if studying it further would interest you. It will also help you to create a unique and memorable project, as most of your fellow students will likely study a topic which is based purely in economics.

However, this might also make your project a little harder, as you will have more new information to grasp than others – but it can also be very rewarding for ambitious and engaged students. If you wish to take this route, strongly consider finding a secondary supervisor within the interdisciplinary field who can guide you along with your more economics-focused supervisor. This can even be beneficial for your career, as you become well-versed in a niche set of skills that employers or PhD programs would find attractive.

a good economic thesis topic

7. Check for available data

If you’re doing an empirical project, the success or failure of your thesis may very well come down to data availability. It’s very important to have an idea of what data to use for your study before you commit to a topic. If you have the world’s greatest research idea, but the data to study it just isn’t available, you’re out of luck.

To avoid this heartbreaking situation, search for usable data as early in the process as possible. This search can even help you narrow down your topic area of focus, and pick a specific, small-scope research question within your field of interest.

Perhaps you’re interested in the effect of malaria prevention programs on children’s economic outcomes in the future, but panel studies haven’t yet been completed in your region of interest. If you search for data, you might find a completed panel dataset that studied a similar disease, or one that studied malaria in a different country. These types of searches can help you pick a related, doable, and properly-scoped research question without wasting time racing towards a dead end.

8. Meticulously plan your experiment

Of course, if you’re running an experiment, you can create your own dataset. This situation presents its own, equally important challenges.

A poorly designed experiment can render your data biased or unusable even after months of work. To avoid this type of catastrophe, spend as much time as you can designing the experiment, checking over all your assumptions meticulously, and seeking feedback and approval from your supervisor to ensure that the experiment is designed well.

Studying examples of experimental designs that led to published studies in prominent journals is highly recommended. Modeling your experiment on successful ones in the past is a great way to ensure your experiment runs smoothly.

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Microeconomics.

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  • How does the behaviour of single-person households differ from the behaviour of couple-based households?
  • Product life cycle in the era of digitalisation
  • Influence of IT on product development
  • Crowd funding as a driver of product development
  • How did Covid-19 affect economic inequality?
  • Dynamics of the Gini index as an indicator of income distribution
  • Forces behind income inequality in the UK
  • Is economic equilibrium attainable in the modern world?
  • How will equilibrium change after the covid-19 pandemic
  • The effect of trade liberalisation on general economic equilibrium
  • Impact of the informal sector of the economy on welfare
  • Potential consequences of the unconditional income introduction
  • Effect of covid-19 on income distribution in the UK
  • Collective decision-making in social networks
  • Collective decision making on mergers and acquisitions
  • Analysis of decision making on tourism destinations
  • How uncertainty affects decision making?
  • Career perspectives in the knowledge economy
  • The effect of covid on uncertainty in a particular market
  • Job search from the perspective of behavioural economics
  • The role of emotions in personal investing strategies
  • What drives customers to change mobile operators?

Macroeconomics

  • How do demand and supply control market forces in the UK?
  • Should the neoclassical growth model be revised in conditions of the modern world?
  • How does covid affect aggregate spending in the UK?
  • Do interest rates affect consumption in the UK?
  • Does consumption depend on the country’s currency exchange rate?
  • What industries were hit by covid most of all in terms of production?
  • Do consumer prices move synchronously in EU countries under the regime of inflation targeting?
  • What counter-cyclical measures can help to mitigate economic turmoil?
  • How do oil prices affect business activities in oil importing and oil-exporting countries?
  • How do interest rates affect investment activities?
  • Analysis of money supply in developing and developed economies
  • Is interest rates an effective instrument of inflation control in developing countries?
  • Forward Guidance as an Instrument of Monetary Policy: Experiences and Prospects
  • Does money supply influence rates of economic growth?
  • Is austerity an appropriate instrument of reducing national debt?
  • Influence of political situation on macroeconomic regulation in the UK.
  • How do macroeconomic policies affect capital structure of firms?
  • How do recommendations of international organisations (WB, WTO, IMF) affect macroeconomic policies of developing countries?
  • The use of big data in behavioural economics at the macrolevel
  • Public policy formulation through the lens of behavioural economics
  • How to bridge the gap between the theory and practice of behavioural macroeconomics?

International Economy

  • International trade as a factor of growth of developing economies
  • The effect of IT on restructuring international trade
  • How IT progress changed international value chains
  • How did covid affect international business activities?
  • The most prospective developing markets for international business
  • Tendencies in international factor movements over the last decade
  • Are there preconditions for creating new currency unions anywhere in the world?
  • Latest tendencies in international finance: liberalisation or restrictions?
  • Is the current global financial system viable?
  • The most prospective regional trade unions
  • What are the most attractive destinations for FDI right now?
  • The impact of FDI on economic growth in developing countries
  • How will the inauguration of Joe Biden change the US-China relations?
  • Macroeconomic drivers of local armed conflicts
  • Comparison of macroeconomic structure of the US and China
  • The impact of globalisation on poverty
  • Does IT affect poverty in the global scale?
  • How does globalisation influence corruption in the global scale?

Financial Economics

  • Reaction of financial markets to covid-19
  • How mutual funds change their risk-taking strategies depending on different incentives
  • How did financial markets react to the Biden win?
  • How FinTech companies affect the sphere of financial services
  • The latest accomplishments in the sphere of financial engineering
  • How IT changes competition in the sphere of financial services
  • Has covid changed corporate governance practices in the UK?
  • The effect of corporate governance procedures on capital structure in developing countries
  • Does IT progress influence companies’ investment in R&D?
  • Behavioural finance and its influence on investing decisions
  • Is behavioural finance able to completely explain investment decisions?
  • How personal characteristics of an investor explain their investment decisions
  • Patterns in spending of single-person households and couple households
  • Has covid changed inclination to saving among households?
  • The role of mediators in the mortgage market

Labour and Demographic Economics

  • Economic effects of changes in demographic structure
  • The relationship between the number of children and family wellbeing in developing countries
  • Does the child-free movement have a real impact on demographic situation in the UK?
  • Does Affirmative Action Reduce Gender Discrimination in the Labor Market? Recent Evidence for Developing Countries
  • Has covid changed the demand for labour in the EU?
  • Digitalisation and changes in labour market
  • The influence of marital status on income
  • How does marital status impacts labour force structure?
  • What are the reasons behind regional wage inequality in the EU.
  • Influence of uberisation on labour force structure.
  • The demand for refugee labour force in the EU.
  • Benefits and disadvantages of being self-employed
  • Strategic HR management and trade unions
  • A critical analysis of collective bargaining in the context of the UK
  • Do all participants of the single market have the same collective bargaining conditions?
  • The influence of regional disparity of income on labour mobility
  • How has covid changed unemployment patterns in the UK?
  • What is the contribution of immigrant workers to GDP of the UK?
  • Differences in labour standards between top-5 European football leagues
  • An overview of labour laws in the tourist sector across EU countries
  • UK labour regulations: drawbacks to be amended in the future

Development Economics and Innovation

  • What are the most relevant indicators of economic development?
  • The influence of population growth on developing economies: case study of India.
  • Exploring the relationship between migration and economic development
  • How do land regulations affect the pace of development in developing countries?
  • Ecovillages: regulation and development prospects
  • What are the residential location preferences of the new generation of millennials?
  • Instruments of funding innovations
  • Issues of protecting intellectual property rights of start-ups
  • Impact of technological change on productivity in the manufacturing industry
  • How does trade openness affects aggregate productivity of the economy? On the sample of Australia
  • What affects productivity in the long run?
  • The impact of structural change on productivity in developing economies
  • Economic development in Russia: effects of privatisation
  • Economic implications of climate change in developing countries
  • Economy wide effect of free trade agreements: the case of developing countries

Agricultural and Natural Resource Economics, Environmental and Ecological Economics

  • The effect of technology on productivity of the agricultural sector in developing countries.
  • How do labour force flows affect agricultural sector performance in an emerging economy?
  • Managing livestock farm as a business: issues and benefits
  • Sustainable management practices in fish industry
  • Benefits and methods of energy conservation
  • Influence of renewable energy sources: economic, social and environmental aspects
  • Management of non-renewable sources in the context of Germany.
  • How does depletion of resources affect the UK economy?
  • Methods of monitoring and control of non-renewable resources
  • What is the potential of the solar energy in the world market of energy?
  • Opportunities, benefits and drawbacks of alternative energy sources
  • What are the main sources of risk in the sphere of renewable energy?
  • Water management and conservation policies: A comparative study of the UK and Malaysia.
  • The influence of climate policies on economic development.
  • How can innovations contribute to the development of an eco-friendly economy?

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  • Thesis subjects
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170 Original Thesis Topics and Ideas For Your Winning Paper

thesis topics

Throughout your college and graduate school career, you will be required to write hundreds of academic papers across myriad subjects. Choosing good thesis topics is just one of the major factors necessary to achieve academic excellence. This article does not tell you how to write a good thesis but focuses on the process of developing great senior thesis topics that are challenging yet don’t leave you feeling overwhelmed.

  • How to Develop and Choose Great Thesis Paper Topics?

Computer Science Thesis Topics

Psychology thesis topics, art history thesis topics, sociology thesis topics, economics thesis topics, psychology dissertation topics, architecture thesis topics, criminal justice thesis topics, philosophy thesis topics, history thesis topics, ms thesis topics, where you can find thesis writing help for your topics.

Our list of 170 free thesis statement topics is broken into 12 of the most popular subjects. These are only suggestions and you’re certainly encouraged to modify them as you deem appropriate. Keep in mind that good dissertation topics should aim to push the envelope of academic research while answering important scholarly questions within the field. Don’t feel constrained by what these thesis topics attempt to explore – what inspires your curiosity is the most important aspect of writing a thesis that warrants readership and appreciation.

How to Develop and Choose Great Thesis Topics?

Your thesis statement should be interesting.

You’ve likely heard over and over that the best master thesis topics should always be on something interesting – but does not take this to mean that it only applies to what a reader thinks is interesting. You should genuinely be curious about the topic you want to explore. This will invariably lead to more effective research, writing, and presentation of the chosen topic.

Make Sure You Can Find Enough Resources

Time is limited, and so too are resources. If your topic is too narrow you may not have access to all the resources you need to adequately answer the questions you seek. Ask the resource librarian for some dissertation topic examples to get a sense of the number of resources you will need to include in the bibliography and then triple that number. This is the average amount of research materials you will need to locate in your study.

Meet with Your Advisor to Discuss Options

Finally, you will need to meet with your academic advisor throughout the process of finishing your capstone project, so you will benefit from meeting with him or her as you consider your topics to discuss options. If, for instance, you are going over art history thesis topics , an advisor can point you to previous studies, research, resources, and more. You may find early that your topic may not be doable – and save yourself time by choosing altogether different.

Our List of Great Thesis Ideas On Any Subject

  • How have different methodologies changed the way comp-science is used in business?
  • How has the user interface changed the way society interacts with one another?
  • What are the advances in encryption and decryption we need to fight cybercrime?
  • In what ways have computer viruses altered international finance rules & regulations?
  • How do biometric systems affect the way data is recognized across financial industries?
  • Will artificial intelligence make human labor a thing of the past or will it only be a burden?
  • What are the best defense strategies companies should consider fighting cyber-attacks?
  • How will quantum computers change the way mainstream data is factored into primes?
  • A survey of how different technologies and algorithms can be used for parsing and indexing.
  • Technique to use when visualizing text categorization that has complex hierarchical structures and machine learning.
  • Different tools and techniques in the software required can be used to understand the UK.
  • How to have dependable and secure computing.
  • Definition and explanation of context-aware computing.
  • Top 5 challenges in database design and the information of system development?
  • What are the multiple dimensions or states of high-functioning schizophrenia in adults?
  • How effective is the DSM-IV in categorizing abnormal symptoms in young adults?
  • In what ways does a leader’s presence affect the way his sports teammates perform?
  • How does culture affect the way teaching programs are instituted around the world?
  • In what ways does chemotherapy affect the way patients get attention from family?
  • Is anger an emotion that can be controlled for the benefit of a person’s mental health?
  • What did the 9/11 attacks have on the general psychology of U.S. citizens toward immigrants?
  • How are LGBTQ teens likely to cope with pressures and how does it link to issues of depression?
  • Explain the social identity theory of Tajfel and Turner.
  • What are the REM phase and the continuous sleep disruption?
  • Defining how a brain functions when a person is in love.
  • How do the different forms of amnesia damage your brain activities?
  • What is the significance of a strong self-perception?
  • Is it possible for PTSD to lead to Alzheimer’s disease?
  • How do people respond to the world’s most famous art pieces in an age of social media?
  • In what ways is music considered to be a form of art when there are no actual tangible forms?
  • Are the building styles of the ancient world legitimate representations of artistic work?
  • Do you believe anyone will ever be able to have as much impact as the Renaissance greats?
  • In what ways has the value of art diminished in the last 25 years in terms of investment?
  • How does art affect the way humans develop creatively in terms of their communication?
  • What motivates people to invest in modern art despite there being such a high risk?
  • How does a modern artist make enough income in the days of technology and digital art?
  • Analyze the Monalisa painting and why it is popular.
  • What is the origin of the traditional Chinese and Japanese costumes?
  • What are the most popular pies of Mesopotamian art, and what made them popular?
  • How did Hinduism influence the early Indian Act?
  • Research on the construction of the Great Wall of China.
  • What is the origin of the Greek theatre?
  • How much influence do parents have on their children’s educational and social engagement?
  • In what ways do cross-cultural relationships change the way children think about the world?
  • What are the most important aspects of gender inequality at work and how is it fixed?
  • How much do food cultures link to anticipated health and welfare in American adults?
  • What is the relationship between ethnicity and the levels of completed education in children?
  • What are the biggest factors leading certain populations to alcohol or drug addiction?
  • How is media affecting the way youth view their images as a result of how they are represented?
  • In what ways has social media impacted the way America’s youth interacts with the world?
  • Impacts of Alcohol among the youths.
  • Adaption and the consequences of adopting a child.
  • Diffusion and innovation in European culture and what it means for the features of these countries.
  • How would people react if organ transplant gets completely banned?
  • What are the challenges that working women face in today’s society?
  • What are the impacts of life sentences, and should this be changed
  • What are the five major principles of global economics and how do they affect international law?
  • In what ways are developing countries in Asia affected by short and long-term econ policies?
  • How important is it for the average American investor to know about global economics?
  • In what ways should a person’s wealth be distributed to more philanthropic or charitable activities?
  • What do international economics offer the average American in terms of financial happiness?
  • How has the alcohol industry changed over the last century across different parts of Europe?
  • In what ways has big data mining affected the way global economics and financing have changed?
  • What are the main reasons why the Trump presidency has negatively affected international trade?
  • What is fiscal policy, and what should people know about it?
  • Define and explain three opportunity costs.
  • How do banks set the exchange rate?
  • What is the reason why some resources are rare?
  • What does economic forecasting entail?
  • What are the pros and cons of privatization?
  • What are the connections between employee satisfaction and how they perform at work?
  • How are women affected by misogynistic language in the workplace that emphasizes inequality?
  • In what ways does the formation of negative habits make it harder for people to learn new things?
  • What role does anxiety have in the way students score on standardized high school level tests?
  • How does jealousy determine how long or successful a marriage can be in today’s age of the web?
  • What effect does a person’s amount of time that is spent on social media impact his/her satisfaction?
  • Are humans becoming far more dependent on instant information and less likely to learn the truth?
  • What are some of the negative assumptions about women suffering from postpartum depression?
  • Some eating and personality disorder
  • What is the importance of communication in a relationship?
  • What are the social and psychological effects of virtue networks?
  • What role does a medium play in provoking aggression?
  • How does cognitive behavior therapy help in dealing with depressed adolescents?
  • How can depression and its risk factor be prevented?
  • In what ways did ancient architecture from Greece and Rome influence modern government buildings?
  • What impact did Frank Lloyd Wright’s architectural style have on Los Angeles’ urban planning?
  • Why do historians believe the Egyptian Pyramids were created to their exact shape and scale?
  • How did Roman aqueducts impact the way communities evolved as a result of improved canals?
  • What dangers do the Venice canal systems face as a result of increasing temperatures and water levels?
  • How will architecture in major metropolitan areas change as a result of rising populations in the world?
  • Is architecture considered a science or an art and how does this affect the way we study it today?
  • What is parametric architecture and what other forms blend appropriately with it aesthetically?
  • Explain the construction of Time conception in the Architectural Realm.
  • Waterfront development- the process of beach convention and exhibition centers.
  • What is the design of ruled surfaces?
  • An analytic study of the design potential kinetic Architecture.
  • A survey of China from an archeologist’s point of view.
  • A look at Russian fairy-tale-style houses and huts.
  • How is jury selection affected by how politicians are perceived on social media?
  • Is it accurate to say that minorities receive a fair and unbiased trial in today’s political climate?
  • How do President Trump’s policies and comments targeting minorities affect their rights in court?
  • What challenges does cyber-crime present for lawmakers who have to put corporations on trial?
  • Should large corporations face larger crimes as a result of the amount of money they make publicly?
  • Why aren’t CEOs of multi-billion dollar companies held to the same criminal standards as the public?
  • Should human trafficking face larger penalties as a result of the dark web and ease of communication?
  • Does the internet perpetuate certain crimes as a result of its widespread and virtual anonymity?
  • The relationship between the police and people from different backgrounds.
  • What is the reliability of an eye-witness testimony?
  • What methods can be used to help prevent international drug trafficking?
  • Why does the crime rate increase during emergencies?
  • Why are men more likely to get death penalties?
  • In what ways does the drug court assist or hurt people with addiction?

Thesis Topics in Education

  • What are the biggest evolutionary changes to the major approaches in education throughout the world?
  • How have China’s educational methods changed in the last half-century to position them as world leaders?
  • Can educational programs in South America help those countries combat poverty in their communities?
  • Should core subjects be re-evaluated in light of the quickly changing needs of today’s modern world?
  • Should the United States make bigger investments in bringing tech tools to poorer school districts?
  • Can teachers continue to use traditional methods for grading when class size continues to increase?
  • Why do people lose the desire to learn new subjects in their adult years? How can this be addressed?
  • Should more parents be involved in schools’ educational policies and curriculum development?
  • Do graduate programs in education adequately prepare tomorrow’s teachers for the business world?
  • Are there any career development programs in Elementary schools?
  • What are the character development programs in elementary schools?
  • Should the use of the pass-fail grading be limited?
  • What is the impact of promoting parent volunteering in schools?
  • Teaching children with speech-language pathology.
  • How does the efficiency of classroom management help to reduce stress?
  • Is abortion a philosophical or political question? Should ethics be removed from this conversation?
  • Is it a must to lead an ethical life to achieve true human happiness in today’s competitive world?
  • What does it mean to support ethical farming practices in light of the world’s hunger problems?
  • Should parents have the ability to manipulate their children’s genetics and characteristics to an ideal?
  • How does genetic modification in animals affect our understanding of what we can do for humans?
  • In what ways do religious ethics and philosophy ethics contradict each other when it comes to crimes?
  • How does humanity’s history to commit evil acts affect the way we view our place in the world?
  • Is it morally ethical to love someone who is legally unattainable? (E.g., someone who is married).
  • Are contemporary philosophical theories inclusive of different societies or limiting to specific nations?
  • What can truly upset you, and in what ways can you deal with it?
  • Would you live your life more than once?
  • What do the beauty standards change often?
  • Are there situations where it is better to lie than tell the truth?
  • Some people think that love only lasts for three years. Is it true?
  • What is a perfect life? What prevents you from living it?
  • How has the rise and fall of famous and influential dictators changed throughout history?
  • How have the events leading to the 1980s conflicts in Afghanistan caused the turmoil we see today?
  • In what ways have border wars in South America led to increased asylum seekers fleeing those countries?
  • How did the North Atlantic Trade Agreement impact the way Europe has sought trade deals with China?
  • What impact did the Mormons have in shaping the American city landscape during the 19th century?
  • What role did Mormons have in further expelling Native Americans from their ancestral lands?
  • Why did the Southern States resist the freeing of slaves for so long? What economic factors were there?
  • What impact did pirates have on the development of Caribbean culture in Central America?
  • How have 21st-century marketing strategies affected how we value cultural history in the U.S.A?
  • Trends of migration through the years.
  • What is the history of immigration in the USA?
  • What causes the significant waves of migration in Syria?
  • How were women treated in the Soviet zone during WWII?
  • How did the fall of Hitler and the Nazis affect Germany?
  • The Spanish Inquisition- What is the truth behind its moral justification?
  • How do supercomputers and data mining affect political policy in today’s first-world governments?
  • In what ways have the roles of mediators changed in the world of globalized financial institutions?
  • How important is cultural awareness for large corporations? How is this different in small businesses?
  • Should politicians be allowed to maintain investments that can influence their political decisions?
  • Why are blind trusts necessary for anyone running for public office in today’s global economy?
  • What are the effects of bringing more technology into the home to automate day-to-day activities?
  • In what ways does automation keep people from controlling the same systems we want to be safe?
  • How does cyber activity affect how governments contribute to international economies?
  • How can we learn from past cultures to develop new societies where there is no poverty or hunger?
  • What was the correlation between political climate and literature during the eighteenth century?
  • What is the connection between religious conviction and rational thinking?
  • A comprehensive analysis of gun violence in the US.
  • Case study of Australia and how cyberbullying might result in suicides.
  • Civil war is the greatest inspiration for art. Discuss this concept.
  • Women empowerment in Saudi Arabia in the 2000s.

For more information on how to write a thesis or for more thesis ideas, check out what a professional writing site has to offer. On top of hundreds of free resources, you can pay to have a custom master’s thesis sample made from scratch or can have your work reviewed, edited, and proofread by an academic expert from our thesis writing services , whose job is to stay up-to-date on all educational requirements for capstone projects.

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261 Macroeconomics Topics for Any Paper [+Tips]

Take a look at our macroeconomics research topics and select the most suitable one. And don’t forget to check out our tips on how to compose a paper.

  • ⚖️ Macro & Micro
  • 📑 Topics in Macro

🏆 Best Macroeconomics Topic Ideas & Essay Examples

📑 good research topics about macroeconomics, ⭐ simple & easy macroeconomics essay titles, 👍 good essay topics on macroeconomics.

  • 📄 For Essay
  • 🖥️ For Presentation
  • 📊 For Project
  • 👩‍💻 For Research
  • ✍️ For Term Paper
  • 🔥 20 More Hot Topics

❓ Macroeconomics Essay Questions

  • 🔨 Tricks for a Paper

All finance students are required to take the macroeconomics course throughout their studies. Although the subject is crucial and useful, it is pretty challenging. In particular, it can become a problem if you want to nail an original macroeconomics project. Topics to write about can be tricky to find for students regardless of their school level.

But you won’t face any difficulties.

Our team of experts has prepared a comprehensive list of macroeconomic topics. Here you can find fascinating ideas for any type of assignment.

🤔 What Is Macroeconomics?

Of course, you could go straight away to the essay ideas search. But are you familiar with essential economic terms? If not, then the topic selection process can turn into huge trouble.

We have good news for you!

For your convenience, we developed a brief study guide on the basics of economics. So, don’t hesitate to use our prompts to make your studying process more pleasurable.

⚖️ Macroeconomics & Microeconomics

In essence, macroeconomics and microeconomics are two fundamental parts of economic science. They perfectly complement each other and provide a wide range of opportunities for economists. Nevertheless, the microeconomic and macroeconomic objectives differ to a great extent.

Macroeconomics and microeconomics deal with similar issues.

So, what are they?

Macroeconomics is a field of economics that studies the economic performance of countries. By employing it, governments can analyze the financial situation within a country. Macroeconomic theory’s concepts help to predict and prevent possible economic obstacles. Generally, the field presents the big picture. That is to say, it shows the economic development on a national and international level.

In contrast, microeconomics focuses on specific firms or companies. It analyzes the business owners’ decision-making process. Microeconomics does not interact with national or even international economic problems. It mainly investigates enterprises and their internal issues.

📑 Topics in Macroeconomics

Macroeconomics is a broad field that covers a wide range of issues. The two topics of primary concern in macroeconomics are:

  • the behavioral tendencies;
  • the decision-making processes of an economy as a whole.

In other words:

Macroeconomics explores human actions and interactions from an economic perspective.

Have you ever noticed any macroeconomic topics in the news? Or maybe in the headings of magazine articles, in the posts on social media? Or have you heard the discussion of high inflation and unemployment rate on the radio or television? These are all examples of the application of macroeconomics in real life.

Professor Carol L. Osler's quote about macroeconomics as a verb.

The spectrum of issues examined by macroeconomics impresses with its diversity. To make your studying more pleasant, our team gathered ideas in one place.

The topics studied in macroeconomics include:

  • Price levels
  • Inflation rates
  • Political economy
  • Unemployment rates
  • Finance development
  • Fiscal and monetary policies
  • National and international trade
  • Government savings and investments
  • Macroeconomic and Microeconomic Analysis of Nestle Nutrition Due to high competition in the market, an increase in the prices of Nestle’s products is likely to decrease their demand, thereby reducing the firm’s sales.
  • New Classical Macroeconomics The New Classical Macroeconomics school of thought is built on the assumption that all agents in the economy use the information available to make rational decisions.
  • Difference Between Microeconomics and Macroeconomics Macroeconomics Macroeconomics emphasizes on the bigger picture of the economy thus acquitting on how things in the world in terms of the structure, performance, behavior and decision making process of the whole economy.
  • The Microeconomics and Macroeconomics Factors in a Startup Café The objectives of this poster are to illustrate the importance of the microeconomics and macroeconomics factors in my project, which is a Startup Cafe.
  • How Macroeconomics Affects on Remote Industry & Operating Environments The fourth and last macroeconomics variable is the interest rate prevailing in the economy, which is the measure of the cost of capital.
  • Greece and Ireland: Macroeconomic and Financial Comparison However, the growth in Ireland was more than that in Greece. For Greece, it was engaged in fighting a runaway debt since the 1990s.
  • Basics of Microeconomics and Macroeconomics GDP is equal to all expenses of all goods and services produced in a country, equal to the total of value-added during the production of the goods and services by all industries within a country […]
  • Macroeconomics in Unemployment Frictional unemployment is described as the unemployment that takes place because of the movement of people from one occupation to another.
  • Macroeconomic Environment: Oversight and Governance In order for the business to be listed on the exchange, it must first meet all of the listing rules and then pay any expenses associated with being listed.
  • Insurance in Europe Profitability and the Macroeconomic Environment The assignment analyses the cost structure of the industry, the economic landscape in Europe, and how it relates to the insurance sector, changing consumer preference, and the impact of Covid-19 on the industry.
  • Articles Explaining Macroeconomic Concepts and Events The model interprets the characteristics of the financial markets and investigates the stability of a country’s economy. The LM curve indicates the GDP output levels where the money supply is equal to the demand.
  • Macroeconomic Problems Faced by Sweden and Saudi Arabia Macroeconomics studies the behavior of the economy, as well as its major sectors, such as the public and private sectors, and the monetary system, as well as the relationships between the most significant general economic […]
  • The Impacts of the Macroeconomic Variables on the Business Environment These are also indicators of the rank of the well-being of the population, exports and imports operations, the overall rate of economic growth, and other economic processes.
  • Macroeconomics Principles: International Commerce On the other hand, the higher the productivity gap, the greater the concentration of export businesses and the fewer their links with the rest of the economy.
  • Macroeconomics Principles of Demand and Supply The article suggested that the aggregate demand must be boosted to support the monetary policies and decrease the risks faced after the pandemic’s shock for the worldwide economy.
  • United States National Debt and Macroeconomics The national debt of the United States is one of the most known economic phenomena in the world. This is the real danger of using the national debt as a solution to the lack of […]
  • The United States Macroeconomic Policies During COVID-19 One of the main reasons is the social hardship caused by the COVID-19 pandemic and, consequently, the government’s need to ensure a steady flow of funds to support the budget.
  • Macroeconomic Variables Overview According to the data, GDP growth in 2017 was 2. The inflation rate in the same years was 2.
  • Economic Principles: Macroeconomics This paper intends to describe the housing industry in the United States as presented in the Census Bureau. The housing industry is one of the most vibrant in the United States and the rest of […]
  • Behavioral Finance: Meaning of Macroeconomics Keen disapproves of all the economic theories that support the concept describing their flaws and mishaps. The theories they disapprove of have some flaws that are well stated and displayed.
  • Macroeconomics: US Monetary Policies in 1980-1990 The chart shows the rise in inflation that reached peak levels in the late 70’s, causing the Federal Reserve to come up with new policies to solve the issue.
  • Food Security and Macroeconomics Discussion This is a bad trend which severely hurts the supply of food in third world countries which are not food sufficient.
  • Macroeconomic Overview and Employment Rates in India The occupational structure of India shifted since the 1990s, and the percentage of people employed in the agricultural sector decreased considerable, which also positively affects economic growth. In summary, both the internal and external environment […]
  • Macroeconomics and Hyperinflation in 1914-1923 The officials of the Central bank of Germany thought the cause of hyperinflation was the depreciation of the mark in foreign exchange currency.
  • Interpreting World Macroeconomic Conditions The production of wine is related more to the gross domestic product compared to the rates of interest. In the United States the fast food industry is said to contribute a total of $ 1.
  • Gas Prices and Macroeconomic Indicators The paper will investigate the possible effects of the change of gasoline price on changes in GDP, CPI, and unemployment rate.
  • Macroeconomic Study of Latin America The economic growth as in the third quarter of 2008 was at 4. 8% and with the economic stimulus plan of $ 4Billion that is intended to quash the current meltdown in the economy, economic […]
  • Macroeconomics – Fiscal Policy‏ The stability of the Fiscal Policy is of great significance to any economy because it is one of the prime determinants of the strength of the economy of the country.
  • Microeconomics and Macroeconomics Differences The perception of macroeconomics is in terms of a worldly view of resources while microeconomics entails a more individual feature of the economy. This makes the difference from macroeconomics, which appertains to the sum total […]
  • Macroeconomic Development of Haiti The political condition in Haiti is in the shambles with a long history of anarchy, insurrection, dictatorship and political infighting the Haitian economy has remained one of the poorest economies of the world. Then the […]
  • Evaluating Effectiveness of Supply Side Economics on Macroeconomic Objectives This paper takes the position that supply side economics has had its day and the deregulation aspect of the theory has gone too far with the result that the US economy as well as the […]
  • Macroeconomic Impact on UK Hotel Chain’s Marketing Mix Other harbingers of the current economic travails are tight credit and falling home prices The country has not been spared the effects of the global economic slowdown that commenced with a recession across the Atlantic […]
  • Mexico Country: Micro and Macroeconomic Environment This undertaking is of vital importance to the company; it provides a view of short run costs that will have to be paid for the company to gain in the long run.
  • Kenya’s Macroeconomic Activities With the expansion of tourism, transport, and recovery in Agriculture which is in the due process, the gross domestic product per capita is expected to increase with high percentage. On top of that, Kenya’s economy […]
  • Reductionist Effect in Macroeconomics Coddington says that limiting the supply of a product or service in the market will pull down the performance of a firm since the firm will lose its market share to competitors.
  • Macroeconomics: Aggregate Demand and Supply The overall effect of the drilling in Alaska on the economy is that the economy will be rejuvenated and this cannot be more welcome in the united states at this time of financial crisis.
  • Australian Fashion Industries. Macroeconomic Situation. It has been investing heavily in the industry by having designer wear that are readily available in the market and shopping malls and there are many customers who are interested and exposed to the products […]
  • Macroeconomics: Increasing Firm’s Income The assumption of the equilibrium state within national income will hold and that the supply in national income is equal to the demand for the same income.
  • Macroeconomics: South Africa’s Fiscal Space Reforms The purpose of this paper is to review the article and express the author’s opinion on the subject matter. The budget of South Africa should implement the government’s commitments to reduce the budget deficit and […]
  • Fiscal Policy and Macroeconomics Moreover, the peculiarities and current state of the fiscal policy can be discussed by the Council of Economic Advisers, which means that this body is another aspect that might include macro.
  • Macroeconomics: Unemployment Rate in North America Such indicators of economic development as the labor force rate and the unemployment rate are the significant aspects of state development and its policies regarding the labor market.
  • France: Applying Macroeconomic Concepts Its continental borders are the North Sea, the English Channel, the Atlantic Ocean, the Bay of Biscay, Spain, Monaco, and Andorra, the Mediterranean Sea, and Italy, Switzerland and Germany, and Belgium and Luxemburg.
  • “The Trouble with Macroeconomics” by Paul Romer In his article, Paul Romer addresses the challenges that the global economy has been experiencing due to the rise in the influence of the factors such as scientific research on the development of macroeconomics and […]
  • Macroeconomics: McDonald’s Challenges in 2012 Therefore, this hurts McDonald’s reputation as a global fast-food business. The price demand elasticity strategy was a tactic to increase McDonald’s market share.
  • American Macroeconomic Situation in 2011 It should be known that various insolvencies that had been experienced are falling and this is good as far as the economy is concerned. The Federal Reserve has maintained low-interest rates and this has been […]
  • Australia’s Macroeconomic Policies The unemployment rate had been above 3% once since the the1940s went above 4% in the 1970s, 1980s, and 1990s recessions. The inflation rate was above 10% in the early 1990s.
  • Macroeconomic Issues and Funding Adjustments When ADF and ASF are equal, the amount of group 3 funds has for lending would be equal to the total amount group 2iwould be willing to borrow.
  • Macroeconomics: Origins, Development and Current State In the event that there are these changes to these variables, the graphs presented in appendix 1 are a show of what is anticipated to happen to the core macroeconomic elements of the economy.
  • Macroeconomics Course: Japanese Yen and US Dollar March 1: 1 USD = 81. 8425 JPY March 12: 1 USD = 81.
  • 2008 Macroeconomic Collapse and Prevention Efforts The rise in the subprime mortgage rates led to the crash of the stock prices in the US. Therefore, in a volatile market, the aim is to reduce portfolio risk and not maximize trading profits.
  • Macroeconomic Determinants of Savings in the UK The neoclassical model examines whether the development between steady states, positive changes in the savings ratio may stimulate the growth rate in the economy.
  • Macroeconomic Factors of Website Content and Services Since internet usage is advancing significantly, the long-run prices offered in internet marketing would significantly decline as a result of high competition.
  • “Lectures in Macroeconomics” by Arnold Kling Both increased productivity and trade are regarded as beneficial for the economy due to the potential ability to move labor resources from one sector that experiences productivity exceeding demand to those that encounters prevalence of […]
  • Classical Macroeconomic Analysis and Its Principles The repercussion of the ASF line being horizontal is seen given a scenario where the APE line shifts to the right; implying an increase in expenditure with no funding to compliment it.
  • Macroeconomics: Aggregate Planned Expenditures The major role of any economy is to ensure that it coordinates the changes in the level of goods produced and the changes in the demand for the goods.
  • Macroeconomic Factors and Hong Kong Stock Returns This chapter covers the background of the study, problem statement, research objectives and hypotheses and the significance of the study. He argues that the inverse relationship between inflation and real stock returns is as a […]
  • Macroeconomic Coordination and Demand Shocks Based on their needs, the most appropriate options are for the consumers, especially group two to borrow money in the form of loans, spend the money, and pay back the loan with interest. However, the […]
  • Britain’s Economic Issues and Macroeconomic Concepts The spending power of the population has been eroded and the growth of wages is half the level of inflation. This is because there is little excess to be affected than in the first occurrence […]
  • Russian Federation’s Macroeconomics in 2011 This resulted in a major decline of the economy with the GDP and the industrial output dropping by up to 50%.
  • Johnson & Johnson: Macroeconomic Variables Analysis It will be used to show the effect of the variables on the sales of the product GDP stands for the gross domestic product which is used to represent the total demand for the goods […]
  • Macroeconomics Performance and Policies of Mexico That is why it is possible to claim that inflation is one of the important macroeconomic issues that are to be solved in the future.
  • Brexit Macroeconomic Impact on the United Kingdom One of the most important aspects of the referendum that appealed to pro-Brexit voters was the perception of how immigration can affect the labour market.
  • Macroeconomic Elements: the Reduction of Oil Prices Oil prices in the international market have been on a consistent decline since June 2014 and the impact of this decline on the economy of the country has been evident. It is expected that the […]
  • US Macroeconomic Indicators in 2005-2012 The decline in economic growth reported in the first quarter of the year 2012 is a reflection of a lower growth rate in fixed investments and inventory by businesses.
  • Scarcity, Decision-Making, and Macroeconomics The inability to concentrate on a particular task due to distractive thoughts about an ill parent/child or the need to make provision for a family usually plays a huge disservice in the matters of general […]
  • Azerbaijan Macroeconomic Risk Analysis When entering the gas and oil sector of Azerbaijan, the CEO of the company should determine whether the risk factors outweigh the positive aspects of the industry.
  • Japan Macroeconomics: Problems and Possible Solutions Based on this, the problems that need to be addressed as a result of this crisis are threefold: the first is the need to implement some form of reconstruction, the second is to address the […]
  • Macroeconomics Fundamentals and Terms The unemployment rate is also used to evaluate the purchasing power of consumers in a particular economy. It is used to estimate the value of a currency and the purchasing power of consumers in a […]
  • Macroeconomic Environment: Self Correction of the Economy However, if the demand of shares in the stock market drops, it means that there will be a drop in income payments and many firms will be affected.
  • Belgium Macroeconomic Data Analysis In Belgium, expenditure by the central government and the regional governments is separate. In 2012, central government expenditure was 23% of the total government expenditure.
  • Macroeconomic Indicators and Their Impact on the Greek Economy To effectively identify and analyze macroeconomic indicators and their impact on the economy of Greece, the report undertook a research and collected information using a range of primary and secondary sources.
  • Fundamentals of Macroeconomics Activities Influences The paper evaluates the way in which different activities taking place in the economy affects businesses, households and government dealings. The choices households make in relation to purchase of grocery affect other large-scale factors.
  • Current Macroeconomics in the US Most importantly, the building and sale of residential houses have reduced and the cost of housing has also declined prompting a closure of the housing industry in the future.
  • Current Macroeconomic Situation in US The economic situation is in the form of recession since the factors of production are not utilized to the maximum. This makes up a component of the federal system of reserve and is mandated to […]
  • Equilibrium Supply and Demand – Macroeconomic Demand is the quantity of goods desired by consumers while supply is the amount of goods the producers can offer to the market.
  • Germany and Its Macroeconomics At the same time, the growing share of private consumer spending in the German GDP is a wonderful opportunity to expand employment prospects and use its positive results to improve the standards of living in […]
  • Larry Elliott: Piketty’s Capital in the Twenty-First Century It is possible, to contradict the rationality of the major theme in Piketty’s book because a simple reduction in inequality may not be the solution.
  • Macroeconomic Factors within the EU Recession in the EU has pushed some of the international companies out of the market because of the increased production costs in the region and low profits.
  • 2008 Global Recession: UK’s Macroeconomic Policies It is on the basis of these negative effects of the global recession that the group of twenty countries met in the United Kingdom to come up with new macroeconomic policy mechanisms in response to […]
  • Public Debt in Managing Macroeconomics The rates compound, and finally the government’s ability to repay the debt is doubted. The solution to the US’ debt crisis is to reduce government spending.
  • Macroeconomic Concepts and Models Application Some of the impacts that have brought about more use of the biofuel in the current world have led to the replacement of the liquid oil from 1-2% recently1.
  • Current macroeconomic situation in the USA In order to deal with the problem of inflation, the federal government could sell treasuries of the United States such as bonds in the international market.
  • Economic Data Comparison of Australia, China, and Greece The budgetary position for Australia and Greece has been increasing from 1999 up to 2009 when the GFC occurred making the governments of these countries to reduce national expenditure and increase taxation to curb the […]
  • Setting Macroeconomic Policies Initially, the government sets the inflation target and the Monetary Policy Committee forecasts the expected future inflation through economic statistics and imposes measures to curb it so as to meet the target.
  • Project Macroeconomics Forecast Component Compare and contrast differences for the respective statistics prepared by the forecasters From the projection carried out by the CBO forecasters, the economic indicators seem to be at the highest between 2007 and 2010.
  • European Macroeconomic Policies and Risks New entrepreneurs need to consider key macroeconomic factors such as aggregate demand polices, aggregate supply policies, fiscal policies, and the policies for the integration of the macroeconomic factors with the European social model.
  • United States of America’s Macroeconomic Analysis The political system in the U.S.has been relatively stable over the years, making it the leading democracy in the world. Since the fall of the Soviet Union, the United States of America had experienced a […]
  • Macroeconomic Situation of the US The United States boasts of being a leading economic power in the world, and as a result, the recent economic recession in the country led to the repercussions being felt in almost all the parts […]
  • The Impact and Link of Macroeconomic Variables on the Share Prices in UK The reason of the difference of stock market behavior in the two countries is explained to be the result of slump of Japan after 1990 and liquidity trap of the late 1990 and start of […]
  • Interpreting Macroeconomic Conditions: interest rate Low income levels means that the industry will spend a lot in an effort to increase sales and this will be reflected in high operating costs.
  • The Impact of Macroeconomic Variables A case study of the UK and US will be used to illustrate how these variables have an impact on the real exchange markets According to Consumer Price Index can be used as a direct […]
  • Nominal and Real GDP Growth Rates When the real GDP is constant, the inflation rate follows the same trend and the natural rate of unemployment is not necessarily constant. When the Real GDP is high, the unemployment rate is low and […]
  • France’s Economy: Five Key Macroeconomic Variables However, the economic crisis in Europe and the global economic downturn, which began in 2007, have led to severe reduction in the country’s growth rate.
  • Introduction to Macroeconomics: Sequestration and Its Impacts on an Economy According to Choi and Devereux, an increase in the permanent spending results in an increase in the released money, thus, an increase in the circulating currency.
  • Macroeconomic Issues Related to the Federal Deficit and the National Debt What is affected by the federal budget deficit, which is equivalent to government debt level, is the change in the rate of interest.
  • Exchange Regimes and Their Impact on Macroeconomic Performance The terms and the conditions of the exchange rates can either have a positive or a negative impact on the economic growth of a given country. The managed floating rates are a combination of the […]
  • GDP Evaluation and Comparison: China, Greece, and Australia China GDP Annual Growth Rate In the year 2000 the annual growth rate of the GDP was 6% while the highest attained was 13% in the year 2009.
  • Macroeconomic Policy About Population Growth Below is a list of twenty developing countries whose population growth was high in the 1960’s and 1970’s and declined at the beginning of the 21st century; Population growth rate GDP per capita Argentina 1 […]
  • Macroeconomic Policy under Floating Exchange Rate This means that the exchange rate is flexible and can change from time to time in response to the dynamics of the foreign exchange markets.
  • Macroeconomics: Socialism, Totalitarism and US Economics Compare and contrast the approach to economics of the U.S.system of government to Socialism Capitalism, which is the economic system in the U.
  • Macroeconomic Analysis Using an Article The prize that a commodity or service is worth in the market is accumulated is summed up to the value of government expenditure and overall consumer expenses and is measured against the income value1. The […]
  • Macroeconomics and Reality This demand is affected by the price of the car, the price of other models of cars, tastes and preferences of consumers among others. Many of the models in the article are also difficult to […]
  • Macroeconomic Policy Settings in Australia Monetary policies on the other hand are policies used by the reserve bank of Australia to monitor the flow of money in the economy.
  • Macroeconomic Policy Settings in Australia The economic growth in Australia is aimed at reducing the unemployment rates in the future. The country has succeeded in achieving economic growth and prosperity in the face of the global recession.
  • Macroeconomics: Collapse of the United States Housing Market Such was the experience that the economy of the United States faced in the year 2009 following the crisis that was realized in the housing market.
  • Macroeconomics and Monetary Policies The rate of interest will lower to such an extent that the aggregate demand will start to rise until it is equalized with the addition supply of funding.
  • Macroeconomics: Determination of GDP It is the market value of these final goods and services that is referred to as gross domestic product. A general rise in the average price of goods and services in an economy is referred […]
  • Macroeconomics: Demand of Super Bowl Tickets Rovel argues that the prices of Super Bowl tickets are plummeting because there are very few short sellers and that the location of New Orleans is not optimal since it is not easy to make […]
  • Analysis of Macroeconomic Condition of Argentina Despite acquiring the land against the will of the natives, the foreigners ensured that the proceeds from agriculture were used for the development of the country.
  • Macroeconomic Study about Argentina Despite the growth in the real GDP of the country, the aforementioned statistics shows a consistent rise in the rate of inflation in the country.
  • The Impact of Premature Financial Liberalisation on Macroeconomic and Financial Stability Effects on rate of savings and investment One of the roles of liberalisation is to remove rigidity in the control of rates of exchange and rates of interest, compulsory allocation of credits from banks, and […]
  • Comparative Analysis of Macroeconomic Indicators of USA and Brazil The rationale is that unemployment refers to a proportion of the population that has skills and is willing to provide the skills to the labor market.
  • Macroeconomic forecast of Turkey for the next 5 years (up to 2017) To determine the unemployment rate, the total population of the labor force and the employed people in a given region/country is considered.
  • Macroeconomics: Interest Rates Keynesian theory of interest has been used to explain the effects of changes in the Federal Reserve rate on the general interest rates and prices in the economy.
  • Conceptual Study on Macroeconomics Notions The law of demand states that the higher the costof the good or service, the less people will demand it, while the law of supply states that the higher the price of a commodity, the […]
  • Macroeconomic Coordination Process The graph, which is one diagram, will show the relationship between the level of interest on the vertical axis and the degrees of GDP, APE and ASF on the horizontal axis.
  • A Macroeconomic And Financial Outlook Of New Zealand Some of this factors are the level of consumption of the country’s population, the level of savings and investment and the government’s fiscal and monetary policies.
  • Measuring Macroeconomic Concepts As a matter of fact, it can also be referred to as the rate at which the purchasing power of individuals’ changes as time goes by. The country is in a stable period of prices […]
  • Great Britain’s Macroeconomics In Relation To The US The mammoth economy was however destabilized by the innumerable costs accrued to the first and the second world wars and the great depression in the ninety’s.
  • Macroeconomics: Price Elasticity of Demand Price elasticity of demand refers to the “…responsiveness of changes in the quantity of goods and services demanded in relation to the changes in their prices”.
  • Rapidly Developing Macroeconomics in Chile The history of macroeconomic reforms in Chile dates back to the beginning of the 1990s, when the military government initiated the first economic reform.
  • Principles of Macroeconomics: Supply and Demand Relationship In conclusion, supply and demand relationship tries to describe macroeconomic variables like price levels and amount of quantity in the economy.
  • Macroeconomic Policies in Australia The policy makers therefore always strive to keep the inflation rate at low levels to minimize the effects of a high inflation rate.

🤗 Interesting Macroeconomic Topics

Did you figure out the basic economic terms and concepts? Congratulations! Now, you are ready to go to the next step of your task completing. It is a topic search. Take this step responsibly because a compelling topic is a key to a successful paper.

The process of idea selection may become a real struggle for students. But not for you! We created a list of macroeconomics paper topics. The ideas are divided into several sections based on the type of assignment you need to complete. The macroeconomics topic choice has never been so easy!

📄 Macroeconomics Topics for Essay

  • Effect of oil prices on different countries’ GDP.
  • The political economy of international trade.
  • Limitations of GDP as a measure of economic welfare.
  • The significance of Adam Smith’s “invisible hand” concept in modern economics.

The invisible hand is an unobservable market force.

  • Remittances role in spurring global economic growth.
  • Economic factors of Dubai tourism demand.
  • The effects of inflation targeting.
  • The interactions of economic and political science.
  • The nature of the catch-up growth phenomenon in developing countries.
  • The benefits of medical tourism to the world economy.
  • The economic recession of 2007-2009 . Conduct an economic analysis of the worldwide crisis of 2007-2009. What were the causes and effects of the recession? Analyze the role of monetary and fiscal policies. What role do they play in reducing the risks of a total financial collapse during the crisis?
  • The tourism industry in the state of Oregon . Investigate traveling commerce in Oregon from an economic perspective. How thousands of tourists help to maintain the appropriate level of economic growth? Explore the impact of tourism on the economy of Oregon and the USA. Look at them separately.
  • The impact of the COVID -19 outbreak on the global economy . Explore the influence of the pandemic on the different branches of the economy. Analyze the readiness of the countries to face financial difficulties. Were the governments’ reactions to the risks of recession effective enough?
  • Practical problems of active economic stabilization policy . There are three key negative effects of stabilization policy: – recognition lag – decision lag – impact lagDiscuss how these lags may lead to destabilization of the economy instead of stabilization. Why can a stabilization policy be useful for one class of enterprises? Why can it be ineffective for another one?
  • Neoclassical economists. Analyze the scientific impact of three the most famous neoclassical economists: -Thorstein Veblen -Eliot Roy Weintraub -George Joseph StiglerCompare and contrast their approaches to macroeconomic objectives. How did these figures contribute to the development of the modern economy?

🖥️ Macroeconomics Topics for Presentation

  • Sustainable economic development. The four greens.
  • European macroeconomic policies and risks.
  • International environmental concerns in economics.
  • Macroeconomic environment: self-correction of the economy .
  • Economic systems types: free market and a mixed economy.
  • Abu Dhabi commercial bank and financial regulation.
  • Economic inequality as a result of globalization.
  • Cultural differences and ethics of international trading.
  • Economic analysis of criminal law.

Economists approach the analysis of crime assuming that criminals are rational.

  • Economic fluctuations in aggregate demand and aggregate supply.
  • Theory of liquidity preference . Analyze Keyne’s theory of liquidity preference. Can interest rate adjustments indeed bring money supply and demand in balance? Use visual aids (graphs, charts) to make the understanding of the topic more accessible.
  • Who leads the economy: economists or politicians? Explore the influence of politics on the economic sector. Why economics and politics cannot exist independently? Investigate the positive and negative outcomes of economic and political interactions. List all the key ideas on the slides. Appropriate illustrations will help the audience comprehend your ideas more effectively.
  • Money laundering as one of the most critical financial crimes . Explain the mechanisms of economic crimes that occur in modern society. What criminal procedures are applied to deal with money laundering? What are the possible ways to reduce the risks of crimes against the property?
  • Short-run aggregate supply and long-run aggregate supply differences. Explore the notions. What do they mean? How are they familiar? To make your presentation more professional, use slides. Demonstrate the correlation of short-run aggregate supply and long-run aggregate supply curves on the graph.
  • Keynesian economics . Briefly introduce John Maynard Keynes. What were his economic approaches? Illustrate his models (the liquidity trap, IS-LM plot, Keynes–Samuelson cross). Highlight the significance of Keynesian discoveries for modern economics.

📊 Macroeconomics Topics for Project

  • The costs and benefits of incurring an annual federal budget deficit.
  • Cause and effects of the mortgage crisis.
  • The effects of the introduction of the national minimum wage on employment.
  • GDP growth rate and economic future of the United States.
  • Alternative policies towards the exchange rate.
  • Economic tools: alcohol abuse problem-solving.
  • Optimizing production in the food industry.
  • Automatic economic stabilizers.
  • Methods of sustainable economic development.
  • The role of China and the USA for the international economy. Compare and contrast the impact of both countries for global economic development.
  • Strategies to overcome economic recession . Develop your ways to deal with economic obstacles. How to be ready for a financial crisis? How to reduce the negative consequences of the recession? State your ideas clearly and structure them wisely.
  • Ways to reduce the unemployment level . Examine the causes and effects of unemployment. What would be possible mechanisms of dealing with the issue of lack of working places in a country? Explore the concept of the natural unemployment level and consider it while developing your project.
  • Business establishment. Imagine you are planning to open a company. Applying economic concepts, develop a business plan for your enterprise. Organize the funds’ distribution within a company. What macroeconomic concepts should be used for this project

A business establishment is a location where a business is conducted.

  • Inflation vs. deflation. Investigate the positive and negative sides of inflation and deflation. What causes more harm to the national economy? Develop a strategic plan of dealing with the obstacles of inflation and deflation.
  • Overconsumption of goods: beneficial for the producers, bad for the environment. Comment on the problem of unreasonable goods’ purchases. Why don’t people consider the lack of environmental resources while buying useless stuff? Develop a mechanism to control the consumption of the products to save the environment.

👩‍💻 Macroeconomics Topics for Research

  • Different forms of currency regimes and their impact on economic determinants.
  • The implications of internet-banking on bank profitability.
  • The trickle-down economics definition and aspects .
  • Effects of increasing interest rates in Africa.
  • The structure, history, and activities of the World Bank.
  • Analysis of economic indicators for the United States and South Korea.
  • The impact of demographic fluctuations within a country on its economic performance.
  • The importance of the governmental support of small and medium businesses.
  • The causes of economic inequality, poverty of underdeveloped countries.
  • Macroeconomic implications of the healthcare sector development.
  • The real exchange rate and the nominal exchange rate. Conduct research and analyze the differences between real and nominal exchange rates. What are the reasons for utilizing a real exchange rate? Support your ideas with arguments and appropriate examples.
  • Theory of effective demand. Explore the significance of a balanced demand for the global economy. What place does Keynesianism take in this theory? For convenience, demonstrate your findings in the graphs.
  • The bright future of the economy of ASEAN countries . Explain how the ASEAN (the Association of Southeast Asian Nations) can become a leading economic force globally. What opportunities and benefits do these countries have? Using economic thinking, suggest the right direction for the economic growth of ASEAN countries.

ASEAN is fast becoming a major economic force in Asia.

  • How the Coronavirus outbreak affected stock prices and growth expectations? The worldwide pandemic noticeably weakened international economic performance. Discuss the adverse effects of COVID-19 on stock prices. What strategies did the governments implement to maintain a stable financial situation in a country?
  • The impact of immigration on the national economy. What are the positive and negative effects of immigration? Develop an economic strategy to reduce the drawback of immigration on the national economy and maximize the benefits.

✍️ Macroeconomics Topics for Term Paper

  • Unemployment rate as the most prominent national economy challenge .
  • The nation’s budget deficit and how it relates to economic theory and crisis .
  • Market elasticity in the banking industry.
  • Minimum wages and their effects on the hospitality industry .
  • New liquidity standards and implications.
  • Corporate entrepreneurship and new business venturing.
  • Economic factors on the stock market.
  • The threat of Norwegian commercial banks for the economic stability of a country.
  • Indicators of the upcoming recession and the strategies to prevent it.
  • Influence of consumers’ tastes and preferences on market growth.
  • The economy of France: five key macroeconomic variables . Provide a brief background of France’s economy and the overview of five variables. Analyze of the country’s economy. What would be some possible policy recommendations? Provide graphs, charts, or tables if necessary.
  • Strategies for raising the country’s per capita gross domestic product. Explore the possible ways to increase the GDP per capita. How will the rise of GDP stimulate the country’s economic growth? Provide clear arguments to support your opinion.
  • The benefits of investments in innovative technologies . Explain why business owners should invest in innovations. How will it help them to increase the profitability of the companies? Examine the future of economics. Will the high-quality production be possible without modern technologies?
  • Profit maximization strategies. Analyze the existing ways of maximizing the firms’ profit. What are the benefits and drawbacks of these strategies? Develop your profit-maximizing method. What macroeconomic principles and theories would you use for it? State your ideas clearly and provide examples to support your position.

A classic profit-maximizing strategy is skim pricing.

  • Globalization: an opportunity or a threat to the international economy? Analyze the positive and negative effects of globalization. What obstacles does globalization cause to small entrepreneurial organizations? How does globalization influence huge corporations? Present bright examples to solidify your ideas.

🔥 20 More Hot Topics in Macroeconomics

Did you look through our ideas and still unsure of which one to select? Then, take a look at the following section. Here, you can find the most popular and effective macroeconomics paper topics. Use one of the ideas from this list, and don’t worry that it will be inappropriate.

  • International political economy perspectives.
  • An invisible network of demand and supply.
  • Factors affecting marketing and production decisions.
  • The impact of monetary policy on economic stabilization.
  • Behavioral finance and economics.
  • Elasticity and its crucial role in business development.
  • Sustainability and trends of the global trade imbalance.
  • Financial economics for infrastructure and fiscal policy.
  • The ways to increase the stockholders’ equities after the settlement of liabilities.
  • Core-Econ: what economic data offers this online platform?
  • The causes and effects of inflationary and deflationary gaps.
  • The most effective ways to reach market equilibrium.
  • The application of the macroeconomic concepts in real-life situations.
  • Price discrimination problem. Introduce the phenomenon of price discrimination in the modern economic environment. What are the causes of the problem? What are the possible solutions? After the problem is solved, suggest future directions to prevent further concerns about price discrimination.
  • The impact of the governmental regulations on the national economy. This is a topic of multiple-purpose. Are you searching for an idea for a term paper, presentation, or a capstone project? Then use this topic. It is quite relatable and offers a wide variety of sources to explore.
  • The impact of biology progress on economic growth . Explain how biological innovations improve the production capacities of firms. What impact do such changes have on the healthcare, food, and agricultural industries? Refer to statistical data from reliable sources to support your ideas.
  • Economic ethics . Analyze the progress of economic ethics from middle ages to contemporary times. Why is the following of moral rules while developing a business essential? Provide solid arguments and clear examples to prove your position.
  • The importance of GDP for investors. Explain how investors make their decisions based on the GDP of a country. What factors do the investors take into consideration while investing money?

Investors pay attention to the GDP because it can affect the stock market.

  • Unemployment and inflation rates correlation. Explore the relationship between inflation and unemployment in the short-run and the long-run. Why do the outcomes of their correlation are different in the short-run and long-run? Refer to the Philips curve line graph to demonstrate your findings.
  • Securities market structures. There are four types of securities market structures: – Quote-driven markets – Order-driven markets – Hybrid markets – Brokered markets Compare and contrast them. What structure is the most transparent and effective? How to minimize the risks of the securities market collapse?
  • What Is Macroeconomics in Economics?
  • What Are Macroeconomics and Examples?
  • What Are the Five Macroeconomics?
  • What Are the Four Main Factors of Macroeconomics?
  • Which Is the Main Objective of Macroeconomics?
  • Why Is Macroeconomics Important?
  • What Are the Primary Tools of Macroeconomics?
  • How Do Macroeconomics Factors Affect SMEs?
  • How Does the Study of Microeconomics Differ From That of Macroeconomics?
  • How Does Macroeconomics Affect Business?
  • How Does Macroeconomics Affect Managerial Decision Making?
  • How Well Can the New Open Economy Macroeconomics Explain the Exchange Rate?
  • What Can Civil Society Expect From Academic Macroeconomics?
  • What’s Wrong With Modern Macroeconomics?
  • What Does the Entrepreneurial Problem Reveal About Keynesian Macroeconomics?
  • What Are the Consequences for Macroeconomics During the Past 60 Years?
  • Where Did Modern Macroeconomics Go Wrong?
  • Which Way Forward for Macroeconomics and Policy Analysis?
  • Why Does Macroeconomics Not Supervene on Microeconomics?
  • Will the New Keynesian Macroeconomics Resurrect the IS-LM Model?
  • Does Akerlof and Shiller’s Animal Spirits Provide a Helpful New Approach to Macroeconomics?
  • Does Macroeconomics Need Microeconomic Foundations?
  • How Macroeconomics Different From Microeconomics?
  • How Can Macroeconomists Use Microeconomic Theory to Guide Them in Their Work?
  • Macroeconomics: Should the Minimum Wage Increase?
  • Macroeconomics: What Are the Main Causes of Unemployment in an Economy?

🔨 Tricks to Nail a Macroeconomics Paper

You are likely to have a general idea of essay writing. A thesis statement, five-paragraph structure, and arguments with supporting evidence are all part of it. Your paper on macroeconomics will probably follow the same old formula as well. However, we found a few tricks that will make the writing process less complicated. They can be used for any paper on macroeconomics.

  • Find out the type of assignment beforehand. The structure of the project will differ drastically from that of the research paper. If it’s an essay, determine whether its an argumentative, informative, cause and effect, etc. Follow the structure If you need to prepare a presentation. Make appropriate slides to help the audience get your ideas. But remember to make the PowerPoint presentation professional. Use a readable font and suitable design to impress your listeners.
  • academic style;
  • suitable writing formats;
  • reliable sources;
  • proper citations.
  • Change the central idea. The first viewpoint that comes to your mind can be erroneous. Any piece of academic writing requires a thought-out message. If you’re not sure what to state in your thesis, search for another macroeconomic topic for a paper. And don’t be afraid of changing it if necessary. Remember, a well-developed central idea is a key to a high grade. So, take enough time to compose a strong thesis statement.
  • Research before writing. Macroeconomics is a broad field, so you have to make sure you see all the angles of the issue. Look for related macroeconomic topics or overlapping areas of study. If needed, improve your research question or change the perspective of your research. Make sure to select only credible sources. And don’t forget to cite them properly. Are you unsure about formatting requirements? Double-check the rules of the writing format you use.
  • Outline your paper. Any writing guide will tell you that this is a great way to ensure the logical order. A well-developed outline will help you to structure your paper correctly. Thus, the readers will get your ideas without any difficulties. Moreover, fixing it is easier than the written text. So, don’t skip this step. By spending some time on outlining, you will save a lot of time on writing.
  • Set out the size of each part. Remember that the introduction and conclusion must be shorter than the body. Moreover, the central part of your paper has to be divided into several sections. Use a separate body paragraph for each key point. A long and complicated text unit will only distract the readers’ attention. So, each part should follow its purpose and deliver the idea effectively.
  • Find examples . Appropriate examples always improve the quality of a paper. Firstly, the readers understand the ideas more deeply when the writer presents the illustrations. Secondly, well-selected cases establish the credibility of a document. So, you can use them for reference. But be careful. To avoid confusion, make sure you provide suitable and relatable examples.
  • Use online grammar correctors. We are not robots, and we make mistakes. That’s natural! Fortunately, we have an opportunity to use online grammar correctors. Such tools will ensure you haven’t missed an error while proofreading. One of the most useful and efficient ones is Grammarly . Besides correcting your spelling or grammar mistakes, it will also suggest style and vocabulary improvements. Why not use the benefits of correcting tools if there is such an opportunity?

Ask your friends or relatives to check an economic paper for you.

Thank you for visiting our page! We hope your article was helpful. Don’t forget to share your macroeconomic topics and essay writing tips with your friends!

🔗References

  • Macroeconomics: Economics and Finance, Khan Academy
  • Macroeconomics: Articles, Research, & Case Studies on Macroeconomics, HBS Working Knowledge
  • Top 100 Economics Blogs Of 2020: Prateek Agarwal, Economics Theory & News, Intelligent Economist
  • Hot Topics in the U.S. Economy: US Economy and News, The Balance
  • Writing Economics: Robert Neugeboren with Mireille Jacobson, Harvard University
  • Macroeconomics Essay: Bartleby
  • Organizing an Essay: Writing Advice by Jerry Plotnick, University College Writing Centre, University of Toronto
  • Academic Essay Writing, Some Guidelines: Department of Economics, Carleton University
  • Sample Business and Economics Essay: Research & Learning Online, Monash University
  • Macroeconomics: Britannica
  • Studies in Macroeconomic History: Cambridge Core, Cambridge University Press
  • 14 Types of Essay Hooks with Samples And How to Write Them: EduPeet
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IvyPanda. (2024, February 28). 261 Macroeconomics Topics for Any Paper [+Tips]. https://ivypanda.com/essays/topic/macroeconomics-essay-topics/

"261 Macroeconomics Topics for Any Paper [+Tips]." IvyPanda , 28 Feb. 2024, ivypanda.com/essays/topic/macroeconomics-essay-topics/.

IvyPanda . (2024) '261 Macroeconomics Topics for Any Paper [+Tips]'. 28 February.

IvyPanda . 2024. "261 Macroeconomics Topics for Any Paper [+Tips]." February 28, 2024. https://ivypanda.com/essays/topic/macroeconomics-essay-topics/.

1. IvyPanda . "261 Macroeconomics Topics for Any Paper [+Tips]." February 28, 2024. https://ivypanda.com/essays/topic/macroeconomics-essay-topics/.

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IvyPanda . "261 Macroeconomics Topics for Any Paper [+Tips]." February 28, 2024. https://ivypanda.com/essays/topic/macroeconomics-essay-topics/.

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Capitalisn’t: The New Economics of Industrial Policy

  • August 02, 2024
  • CBR - Capitalisnt
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Harvard’s Dani Rodrik  first introduced his theory of the “globalization trilemma,” which states that no country can simultaneously support democracy, national sovereignty, and global economic integration, in the late 1990s. Over time, the theory has gained influence as governments seek to address populism, trade imbalances, and uneven growth through renewed interest in industrial policy, or government efforts to improve the performance of key business sectors.

On this episode of Capitalisn’t , Rodrik joins hosts Bethany McLean  and Luigi Zingales  to discuss changing attitudes toward globalization, including its distributional effects, its impact on politics, and its lack of a consistent narrative between academia and the media.

Audio Transcript

Dani Rodrik: There are a whole bunch of maintained assumptions that we are not explicitly testing. Government intervention is ineffective. Markets tend to do well. It’s pointless to try to countervail against the free flow of capital.

Bethany: I’m Bethany McLean.

Phil Donahue: Did you ever have a moment of doubt about capitalism and whether greed’s a good idea?

Luigi: And I’m Luigi Zingales.

Bernie Sanders: We have socialism for the very rich, rugged individualism for the poor.

Bethany: And this is Capitalisn’t , a podcast about what is working in capitalism.

Milton Friedman: First of all, tell me, is there some society you know that doesn’t run on greed?

Luigi: And, most importantly, what isn’t.

Warren Buffett: We ought to do better by the people that get left behind. I don’t think we should kill the capitalist system in the process.

Luigi: In 2009, a prominent economist labeled the period between 1980 and the Great Financial Crisis as the age of Milton Friedman. This period was characterized by the belief that reliance on market forces with an open economy and a stable macroeconomic environment with a sure property right was key to rapid economic growth.

Bethany: This period ended with the Great Financial Crisis and then really came to a crashing end with the COVID-19 pandemic. After these two cataclysmic events, globalization started to be reversed. Industrial policy has come back in vogue, and even the protection of property rights has started to be called into question.

Luigi: For example, with the idea of forgiving all the loans.

Jokes aside, if we take the term the age of Milton Friedman as the age that vindicated many of Milton Friedman’s claims, then we can say that this is the age of Dani Rodrik.

Bethany: Even a noneconomist like me has heard of Dani Rodrik, and I think I’ve heard of him because of his globalization trilemma: the impossibility of having at the same time a world market, national states, and a democratic system.

Luigi: Rodrik started to criticize globalization, what he calls hyper-globalization, in the late 1990s. Now, of course, Bethany, you’re too young to remember the ’90s, but at that time—

Bethany: Thank you, Luigi.

Luigi: This was the time of Clinton and Blair, who considered globalization not only desirable but inevitable. And, at the time, [Rodrik] pointed out that the distributional impact of globalization and its political consequences were not that great. In a functioning democracy, the losers from globalization would demand protection, and that is one reason why more open economies have larger welfare states. I think all these useful insights are something that very few people were pointing out at the time.

Bethany: I was laughing earlier because I thought, well, my age is not the reason why I might not remember the 1990s, but maybe we should stay away from that topic.

For Dani Rodrik, then, is it fair to say that he’s one of the rare individuals who can see outside his own time? We all do tend to believe whatever is the prevailing belief of the age. He was one of the first economists to criticize the so-called Washington consensus, the idea that protecting property rights and opening up the economy is sufficient to promote rapid growth. He was a strong supporter of industrial policy, a topic that was pretty taboo until the COVID-19 pandemic. I see him as not just an interesting thinker, but a very rare human being. Is that fair?

Luigi: It is fair. The most interesting part is that Dani is not a heterodox economist in the sense that we generally use the term because when you say heterodox economist, it’s somebody that uses a different methodology, and I think he’s a standard economist with heterodox views, which to some extent is more difficult to do. He has views that were regarded as outside the mainstream for many, many years and now have become mainstream.

Bethany: Fascinating. Without further ado, let’s bring in our guest, Dani Rodrik, who is the Ford Foundation Professor of International Political Economy at Harvard’s John F. Kennedy School of Government. He’s also the co-director of the Reimagining the Economy Program at the Kennedy School.

You’ve often talked about how the global economy needs a narrative to work, but in the international domain, laws and regulations aren’t very effective because they lack enforcement power. To function, the world economy needs to persuade people, hence the importance of a narrative.

What was the narrative that prevailed in the age of Milton Friedman, and what is that narrative now? Is there a narrative that we all agree on, or are we in search of a narrative?

Dani Rodrik: I think the answer to your second question is we are very much in search of a narrative. I think there was a well-established narrative during the period that I’ve called the hyper-globalization era, or people call it neoliberalism or market fundamentalism.

That was, in some sense, the overarching narrative about the wonders of the markets and how governments should just stay back, facilitate free trade and the flow of capital across the borders as much as possible. This would roughly be beneficial to all—even if not immediately, eventually—and all kinds of good things would follow.

Bethany: You didn’t see it that way. You were one of the few who raised questions. Why didn’t you see it that way, and what was it like to be an early naysayer?

Dani Rodrik: I think my skepticism was based both on economic history and economic theory. On economic history, effectively, what we were trying to do during the height of the hyper-globalization era was to relive the gold standard, so that if you were experiencing unemployment, eventually, enough gold would flow into your country to increase the money supply and reflate the economy. But also, if gold was scarce around the world, interest rates would go up, and a lot of your farmers would go bankrupt.

The conception of economic policy is that there was no role for the government to interfere in what the world market is doing to you, because ultimately, the world market is a better source of adjustment than what governments would do.

The first waves of populism, actually, were a reaction to globalization under the gold standard. Historically, we’ve seen the backlash to advanced forms of globalization, and I think it was impossible not to think that we were going to go through that.

The reason I say it was also based on economic theory is that the basic theory of international trade and comparative advantage is that trade enlarges the pie but also redistributes a lot of income. A lot of people, including many in the economics profession, were pooh-poohing those distributional effects.

It was unlike the Bretton Woods period, the Keynesian era, when there was a very clear understanding that the world economy was in the service of domestic full employment and domestic social cohesion. During hyper-globalization, increasingly, domestic economic policies were at the service of international competitiveness.

The right and the left, essentially, had a very similar narrative. They were both saying, “Here’s what we need to do to become more competitive in the world economy.” They may have differed a little bit on the details. The right would say, “Let’s cut taxes, let’s eliminate red tape and bureaucracy and regulation.” And the left would say, “Let’s invest in education and infrastructure.” But when you asked why, well, the answer was always, “So we can become better competitors in the world economy.”

In the end, the neoliberal, hyper-globalization narrative essentially dissipated, I would say, because of the rise of the far right, the populists, which made it evident to the elites that, actually, a lot of people had been left behind, and they were responding by voting for populists, particularly of the far right.

The pandemic played an immediate role because of the notion that, “Oh, my god, maybe we should bring our supplies a little bit closer and not be so reliant on trade.”

But probably the most important thing that really made all of this come together into the idea that now, we need to move to a new world was China turning into not just an economic threat but a major geopolitical threat on the part of the US and, to some extent, Europe as well.

In some sense, I was being more true to the economics profession by saying, look, let’s take our theories more seriously than most people were, that this is going to have significant distributional effects and there will be lots of losers, and that will also create problems.

Luigi: I think you are either too kind or too modest or both, because having lived part of that period, there was a very strong consensus that was isolating you and making it difficult for people to think differently.

I don’t remember the exact year, but Paul Samuelson, who is the father of modern economics, before he passed away at age 90-something, wrote a Journal of Economic Perspectives piece on raising the cost of free trade. In spite of his credentials, in spite of everything, he was attacked bitterly, and people even dismissed him as senile.

I think it’s very important for us to understand why these narratives become so powerful and why it becomes so difficult to see what you are saying. It’s obvious, and of course, looking from the perspective of today, I say, how can so many smart people not see this point?

Dani Rodrik: I’m not sure. I don’t have a very good answer. I do think that narratives are very, very important. There are a whole bunch of maintained assumptions that we are not explicitly testing. Government intervention is ineffective. Markets tend to do well. It’s pointless to try to countervail against the free flow of capital.

I spent a couple of years of my life doing an empirical study that reviewed all the empirical literature on the growth benefits of trade and showing that these papers were really quite problematic. In private, I had a lot of trade theorists tell me, “I’m glad you’re doing this because we never believed these results.” In public, I think the views were very different.

Now, I sometimes give the example—I wrote this up somewhere—if you are a journalist, and you dress up as a graduate student and then go to the office hours of a leading professor of international trade and ask him or her, “Professor, is free trade good?”

“Well, this is a really difficult and tough question. First, you have to be clear what you mean by good.” And then there’s a long exegesis on efficiency, growth, welfare, all being different kinds of things.

Then he says, “Here’s this long list of requirements under which, even if you’re focusing on efficiency, that trade liberalization would guarantee increases in efficiency.” And then, he would say: “By the way, growth is an entirely different matter, and that’s much longer. Come back to my office hours next week, and I’ll talk to you about that.”

The journalist says, “This is really complicated,” and then goes back to her office and calls the professor on the phone and says: “I’m so-and-so from The New York Times . Can you tell me if this trade agreement is a good idea or not?” And the professor says, “Of course, free trade is good. Absolutely.”

This is how the profession really behaved. The conversation in the seminar room and the public-facing conversation were completely different.

Bethany: How do you think about that dichotomy in a field like yours, which is supposed to be quantitative, driven by models, pure and separate from the narrative of the time or from any kind of narrative, and yet, that narrative actually has such a profound effect on what the models end up saying? How do you think about that balance, or how do you prevent the narrative from infecting the way in which you approach your work?

Dani Rodrik: That’s a great question. I’ve actually spent a lot of time thinking about it. I’ve been talking recently about the difference between economic models and economic paradigms.

Economics is a science. I’m going to quote Keynes here. He says economics is the science of thinking in terms of models joined to the craft of picking the relevant models. It’s not an exact quote, but it’s a paraphrase.

Economics is basically a collection, an ever-increasing collection of models, which are really if-then statements. If these are the background conditions, and I shock it in this way, these are the outcomes I’m going to get.

But because there is an almost infinite variety of these models, they don’t actually tell us what to do in any particular setting. Basically, any graduate student can generate any policy outcome that he or she wants by picking the assumptions that go into a particular model.

For us to be useful in the public sphere, if we’re going to be in a policy domain, then we have to engage in this art of picking relevant models. Unless you have the luxury of running in real time some randomized, controlled trial, you can never actually, in real time, know what model is the relevant one in a particular context.

All useful economics actually relies on a lot of arm-waving and judgment about which subset of these models are relevant or not, and which, I think, is why Keynes called this the art or the craft rather than the science of models.

This is where paradigms come in. Paradigms are essentially shortcuts. They tell us which of these maintained assumptions we should just maintain, essentially. As economists, I think we’re no better than any others, including the ordinary people on the street. We are as much a part of whatever is in the water.

Maybe you’re right to say that we should be a little bit better, because we know there are these other models, and maybe we should be a lot more discriminating. I think the economics profession is to be faulted for falling into these paradigms a little bit too quickly.

Luigi: I think that one of the problems with economics today is that it’s getting more and more away from all the other social sciences. Economists don’t think about what they’re doing in a context. There are some maintained assumptions, and then, you can build models that maintain the assumptions.

If the quality of your model is based on how sophisticated it is, you want to go with the maintained assumption because it’s easier to sell. And so, there is a pressure to maintain the assumption without challenging the assumption, without even recognizing that there are these maintained assumptions.

Then, there are big events like the Great Financial Crisis that shift the beliefs of a lot of people. And so, these maintained assumptions become different, but people don’t really understand and look back and say that there’s been this change.

In addition, I would say, there is an enormous pressure to conform. Economics has become a very sophisticated science and a very meritocratic science, where people are ranked on the basis of citations, articles in the JPE , whatever you want, pick your poison. You want to conform and rank on those bases rather than say, “Look, some of the stuff these people do might be technically elegant, but with the wrong maintained assumption, it doesn’t make any sense.”

Dani Rodrik: Yeah, there is the motive to be different. When you think about it, the way that we actually publish, certainly, if we want to publish in the top journals, is not being fully conformist. You’re not going to get publication in a top journal by simply doing a twist of an existing model. By generating surprising results, you are more likely to be successful as a pure economist.

Where the conformity really comes in is in our public-facing side. Let me give you a concrete example. One of the best examples of this that I know is Jagdish Bhagwati. Jagdish Bhagwati is a good friend, I love him, but he’s always been one of the standard-bearers of free trade within the economics profession. He owes his academic fame to a series of papers, all of which demonstrate how small departures from the assumptions of competitive markets can produce adverse effects and, therefore, free trade can be undesirable or at least need to be complemented with policies to fix things.

But in public, Bhagwati is a completely different person. He is for completely unadulterated free trade. I think the conformity really comes in our public-facing side, and that’s where we get all . . . There’s nothing in our training that forces us to be any different, to not be subject to any of the behavioral biases or the hubris that ordinary people face. And so, we act like any ordinary group of human beings, except that economics somehow is taken seriously by policymakers, and therefore, we can do bigger damage on account of that.

Bethany: Yeah, I think I was mulling over, as both of you were talking, that tension between conformity and nonconformity, and I think it exists in journalism, too. There’s always a pressure to be where everybody else is, or if you’re going to be outside that, to still be marginally outside that in a way that everybody finds interesting, because otherwise, it can risk becoming irrelevant.

This is probably too stark a way to see it, but is US policy or US thinking about globalization simply being yanked around by where China is? During a period where it looked like China was advantageous to the United States, we were all believers in globalization, and once China started to become more frightening and more of a threat, suddenly we’re more skeptical. Is that too simplistic a way of seeing things, that our mindset is actually being dictated by what’s happening in China?

Dani Rodrik: To some extent, that is exactly what is happening. Whether we get out of this a good narrative or a bad narrative is going to depend on whether the United States and Europe essentially look at this and say: “OK, this is now why we need to do things differently, and here’s what we need to do for our own sake. Let’s fix our own problems. Let’s fix our climate problem. Let’s fix our middle-class problem. Let’s fix our problem of declining regions,” as opposed to the alternative path, which is to say, “We just need to essentially ensure that we can compete better against China, that China doesn’t become technologically sophisticated.”

There is a constructive version of the reaction to China and the reactive version. I worry about the reactive version, which puts China as the bogeyman as the center of what we need to do. That’s our basic target. That, I think, distorts our priorities with respect to what needs to be done at home, and it raises geopolitical tensions and the risk of military and other conflict with China.

Luigi: Speaking of the China shock, we had Glenn Hubbard sometime back on the podcast, and we asked him, “What would you have done differently at the CEA, the Council of Economic Advisors, had you known then what you know now?”

Now, I’ll ask you the question in a slightly different way, because your ideas were different back then. What would you have done in 2001, had you been in his position, knowing what you knew then, and what would you have done, knowing what you know now?

Dani Rodrik: We have the experience of earlier export surges and how we used to respond to these export surges when they threatened to cause economic and social dislocation. In the 1980s, it was Japan, and Reagan was the president, the first neoliberal president of the United States.

What did Reagan do? He put up trade barriers against Japanese exports. He saved Harley-Davidson because it was just about to go bankrupt. We think about Reagan as this noninterventionist, free-trade guy, but he was actually doing what it was routine to do in the pre-hyper-globalization era, which was that when your economy experiences periods when significant segments are going to come under pressure, you put up some temporary walls.

That’s not being protectionist. That’s actually saving the system, because if you don’t save the system, you’re going to get somebody like Trump coming and doing much worse.

The Chinese export surge, obviously, was much bigger than the Japanese one, but I think it was the same kind of response that was called for. Rather than the ideological, knee-jerk, free-trade attitude, which is to say, we take all this stuff on our chin, and those who are bearing the brunt, you guys go get an education, you basically slow down. Where needed, you negotiate bilateral export-restraint arrangements, like in the 1980s or 1970s with China.

The focus was really on trying to compensate the losers from this trade, but it never worked. Besides, the losers really didn’t want compensation alone. They wanted jobs, and so, there wasn’t the kind of investment in infrastructure, in industrial policies, to create jobs that would compensate, truly, in a meaningful way, for this deindustrialization, which was going to happen anyhow, but just happened very quickly with Chinese trade.

Bethany: By choosing to try to compensate the losers from our policies in a financial way rather than by fixing it on the front end and by creating jobs, are we doing the expedient thing, or are we doing the only thing? In other words, is it possible to actually enact a policy, where everybody can have a good job? Is that a utopian ideal, or can that possibly exist?

Dani Rodrik: That’s the only choice. We have no other choice. The economics literature is very clear. The evidence is that there’s no way you can make up for the loss of a job, what it does, not just for that individual, but for the family and the community, by simply providing for financial compensatory transfers, even if you actually manage to do that.

And we don’t even manage to do it. Here is an important topic. These jobs in manufacturing are not going to come back. Manufacturing today is extremely capital- and skill- and technology-intensive. A lot of the policies today of the Biden administration to spur manufacturing are having an effect in terms of manufacturing construction, manufacturing investment.

It is not having any effect on manufacturing employment, for the simple reason that TSMC is creating three fabs in Arizona at a total cost of $65 billion, and they’ll create 6,000 factory jobs. That’s $10 million per job. So, that’s not where the jobs are going to be.

The jobs are going to be in services. They’re going to be in personal, in care, in medical services, in food services, in retail. That’s a very different area. And some of these jobs are the worst kinds of jobs that we have in the United States.

We need to think about what I’ve called an industrial policy for services and trying to upgrade productivity in these labor-absorbing services, which is a very different type of policy than we might have thought of in the ’80s or even in the early ’90s, when there was still some prospect of reviving manufacturing employment.

Luigi: I was born in Italy at the peak of the so-called Italian miracle, the economic miracle, and that miracle was a transfer of the workforce from agriculture to industry. The capabilities that were required for somebody to move from agriculture to the industrial sector were not that demanding, and you could do that in a simple transition.

The problem we’re facing today is that when certain manufacturing jobs disappear, desirable alternatives—the ones that pay nice salaries—have some capabilities that are not in the set of the people there. And so, if you are past 40, I think it’s very hard to adapt to the new situation.

How do you deal with that problem? We can train the new generations, but what about the old ones or the ones in the middle?

Dani Rodrik: Obviously, education and training is always the solution for the future, and it’s never going to be adequate for the reasons that you’re mentioning. It has to be coupled with investments in the capabilities of firms and in technological investments that will be directly geared toward increasing demand for less-than-college-educated workers.

Part of it is making the right kind of investments in technology: technologies that are much more friendly to labor, that compliment low-skill labor. An example of this from the care sector would be technologies like handheld tools and AI that give care workers the ability to monitor their patients on an ongoing basis, in real time, and to increase the kinds of stuff they can do—in economics terms, the range of tasks that they can perform—and make them much more responsible members of a care team as opposed to today, when there are very, very limited things that they can do if they’re home-care workers. These are some of the worst jobs in the United States today.

There’s no reason those jobs . . . which by the way, is going to be the largest expansion. The biggest expansion of jobs that’s going to happen in the next 10 years is, essentially, long-term care and home care. There’s a lot that can be done by innovating technologically and organizationally about changing the nature of that work.

Also, if they are able to care better for old people, then you reduce hospitalization rates, you reduce incidence of chronic illness, you increase patient satisfaction. All of these show up as reduced costs somewhere else in the system. These productivity-enhancement investments, organizational and technological, are things that we’re not really spending a lot of time thinking about today, but that’s really where our focus should be if we’re thinking about good jobs. Not chip-style investments in semiconductors.

Luigi: I want to ask, as a fellow European, I’m sure you have looked at the European elections, even if Turkey has been kept out of the European Union. At least when I look at them, I get the impression that your trilemma idea is really in place here. You have a gigantic backlash to the fact that all the unification ideas, the integration ideas of the market, have sacrificed any form of local welfare, and now, country after country is moving to the right in order to get from the right the welfare it didn’t get from the left. Am I wrong here?

Dani Rodrik: No, I think you’re absolutely right. In fact, when I came up with the trilemma, I wasn’t thinking about Europe at all. Then, over the years, I’ve realized that the European Union is actually the trilemma very much in action.

I once heard a finance minister from the eurozone, and he told me: “I think the reason that the far right is winning is that they are the only political force in Europe who are explicit about the existence of the trilemma. And they’re making a very clear-cut decision on which two of the nodes they want.”

They’re picking, essentially, national sovereignty and local majoritarianism, national majoritarianism, local elections, and they’re saying, to hell with European integration and globalization. We’ll put our own national interests, our own national needs, first.

Whereas centrist political forces, to this day, are still basically saying, “Oh, we can tackle all of these things at once.” They’re not facing up to the trade-offs. They’re not being honest.

I think if they were honest, they would say to their electorate: “We do face a choice. We deepen economic integration, but the only way we can do it is, really, by giving up on national sovereignty, which is to integrate politically as quickly as we can. Or, if we cannot manage deep political integration and really go for a European political community in a meaningful sense, then we need to figure out a way of loosening the economic integration.”

Those are really the two options, and there needs to be an explicit facing up to that.

Luigi: But actually, I heard you say that we need more economic populism precisely to defeat the political populism. Can you elaborate on this idea?

Dani Rodrik: I think there’s a common misperception in economics that all kinds of populism is bad. There is a strand of populism which has always been a reformist trend that stands against large, concentrated power, corporate power, and is very reformist.

We were talking earlier about the gold standard. Who were the populists who stood out against the gold standard? It was the People’s Party in the 1890s, and some of their economic ideas became mainstream later on, or the graduated income tax or the progressive income tax. That was also a progressive idea.

Interestingly, back then, the progressives didn’t like import tariffs at all because they thought they were benefiting large corporations. They said we should substitute progressive income taxation for import tariffs.

The reason that economic populism, I should say, has a negative reputation among economists is, essentially, that people associate economic populism with the macroeconomic populism of the Latin American variety of the 1970s and 1980s.

But we can all agree that we don’t want to engage in macroeconomic spending that goes beyond what’s supportable, and that creates huge inflation and balance-of-payments crises. That’s not at the center of economic populism, historically.

Bethany: Last question, at least from me. If an inescapable part of the Milton Friedman decades has been corporate America’s focus on its bottom line, what role should corporate America play in a differently configured world or a differently thought-of world? And can corporate America play a different role? Are they capable of that?

Dani Rodrik: I think the advantage of investors and corporate America is that they’re more attached to their bottom line than to any particular ideology. I think if you can actually blame one reason that economists or other public intellectuals sometimes have a problem, it is that their currency is the ideology and what they believe in. They may stick to those ideas far longer than it makes sense. Whereas if you are investor or a corporation, of course, you’re also part of the general drift of ideas, but ultimately, you’re trying to make money. You’re just trying to grow your business.

One thing we know is you can grow your business and be successful under very different kinds of policy configurations. The Italian businesses that Luigi was talking about during the Italian growth miracle were operating in a very different policy environment than they are now.

If you talk to them now, they’ll say, “Oh, my God, no, we are a globalized world, and you can’t have this regulation, you cannot have the unions, or you cannot have these taxes, and so forth.”

But I think once they figure out that, yeah, you can pay taxes, and then those taxes come back to them in the form of public infrastructure that increases their productivity, or they treat their workers better, and therefore, there’s less turnover, and their labor costs go down as a result, and it turns out that they’re still making money, I think that the corporations and private investors will be the first to leave aside their beliefs in a particular paradigm.

It’s really up to the policymakers and the politicians to set the new rules of the game. I think we would find that corporations are among the most flexible to adjust. I think they hate uncertainty and unpredictability, but they’re always well suited to adjust.

Bethany: Luigi, we recently had Joe Stiglitz, who’s become the other main critic of globalization, on our podcast. How did you come away thinking that Rodrik’s position is different from Stiglitz’s?

Luigi: Rodrik has been much more articulate from the beginning in his criticism of globalization. I would say that Stiglitz’s criticism of globalization was more ideological from the beginning.

Dani is not saying that globalization is bad. In fact, he calls it hyper-globalization because he’s in favor of globalization, but he has been much more attentive, if you want, to the distributional effect of globalization and the impact that this has on politics.

I think his trilemma is very strong, and I really like the answer about the European Union because it’s an aspect that a lot of people, especially Europeans, don’t like to hear, but there is a fundamental contradiction in the system that Europe has pushed, and this contradiction, unfortunately, is exploding now.

Bethany: Why do you think people in Europe don’t want to hear it? Just because it is still outside the conventional wisdom there?

Luigi: Yeah, I don’t know whether you want to call it the Brussels consensus, but the Brussels consensus is much, much stronger than the Washington consensus, and especially if you are European, and you are a legitimate economist, if you don’t subscribe to the Brussels consensus, you are really ostracized. In my particular case, I sometimes criticize some stuff about Europe, and I’ve been faced with a lot of contempt.

Bethany: What have you criticized, and what kind of contempt did you get met with?

Luigi: My line has been very simple. A fixed exchange rate in the euro has not been particularly useful for Italy, because it’s true that Italy abused devaluations in the ’70s and ’80s, but it got rid of devaluations when they really needed one.

My favorite line is: “Devaluations are like a drug. If you keep using it, you abuse it, and it’s bad. However, if you have to do a root canal or brain surgery, you want some drugs to go through that.”

Italy in the late ’90s and early 2000s went through a root canal because the competition from China—and that’s also part of what will serve in the United States—was devastating. Italy is a little bit like the Midwest of the United States. There are very little services and a lot of manufacturing. and this manufacturing faced enormous competition from China.

When you have a shock like this, that’s exactly when a flexible exchange rate that allows you to absorb this effect is crucial. Italy gave that up exactly at the time when this was needed.

It doesn’t mean that Italy should get out now because the costs are very large, but it’s something that we need to think about very seriously, and especially at the time where the European monetary policy was pretty tight, this was really costly in terms of adjustment for Italy. I think that people underestimate that Italy is a country that did not grow in per-capita income in the last 25 years. That’s a long time not to grow.

Bethany: Tell me your view of the trilemma. What did you think when you first heard Rodrik use that phrase? Is that something that you’ve agreed with in the past, or is it something that you were not sure about that you have come to think that he’s right about?

Luigi: It resonates. For Europeans, it resonates as so obviously right. The creation of the European project basically implies a reduction of the welfare state in Europe. The reason why, not surprisingly, the right is more pro-welfare state in Europe than the moderate left is because the moderate left bought into the inevitability and irreversibility of the European Union and the euro as a common currency.

As a result, it is willing to sacrifice on the altar of that goal any other goal, including national welfare. Marine Le Pen is an example of the right supporting national welfare against Brussels.

Bethany: After our discussion with him, do you think that he’s fundamentally an optimist or a pessimist?

Luigi: Actually, ironically, I find him in an uncomfortable position. He used to be the guy criticizing from the outside, and all of a sudden, he has become mainstream. I think he’s a little bit worried about how many of his ideas might be taken to an extreme, and he is not in favor of that extreme. When it comes to industrial policy, and when it comes to some form of reduction of globalization, even when it comes to the trilemma, my impression is that he’s kind of scared of taking them to the ultimate limit, and maybe rightly so. But did you get that sense?

Bethany: A little bit, maybe, and I was thinking when we were talking to him, too, about how difficult it is for someone who was an outsider to become the mainstream and possibly start seeing your ideas put into action, and that would be a very interesting thing for a theoretical economist. Even if that’s what you think you want, it could be very scary to have people actually go ahead and do it.

Luigi: Yeah, especially if some of the people pushing your ideas are not those who you particularly like, because some of these ideas are pushed by extreme right-wing parties. I don’t know his political views, but I doubt he’s from that ideology. There is a bit of fear that your wishes came true too fast and too strongly.

Bethany: Yeah. That’s interesting. I wonder if part of the appeal of Friedman’s philosophy and why it might in the end prove so difficult to supplant is that it wasn’t nuanced. It was very much a no-holds-barred, hands-off, philosophical justification for letting markets do their thing and for not intervening. Having to figure out a much more nuanced way of how to intervene and to what extent is a much more challenging place to occupy than just saying: “Don’t. Hands off. Focus on profits.”

Does that make sense? Do you think I’m onto something here?

Luigi: Oh, absolutely. Yeah, I agree with you, but it’s even worse than that. Once you start to deviate from that, how do you prevent the worst degeneration? Of course, he’s going to be in favor of a Green New Deal, but are you going to get a Green New Deal, or will you get an Arms New Deal in which everybody invests massively in armaments and potentially becomes a more aggressive, nationalist country? The moment you go down the path of nationalism, and you don’t have any constraint at the international level, that’s a very likely outcome. I think that he’s haunted by that fear, in my view, and rightly so.

Bethany: Yeah. And then, how do you make something like a Green New Deal not turn into an even worse version of crony capitalism than what we have now, per our questioning of Stiglitz over his seeming belief that government is automatically better than markets?

Maybe the way forward would be to come up with some kind of way for markets to keep government in check and governments to keep markets in check, some kind of iterative functioning, where each one could serve to rein in the excesses of the other one, rather than each one either being totally unrestrained or fomenting the excesses of the other.

Luigi: Yeah. I think that one important lesson is that we need a capable government. There is some genre of free marketeers that really think that the smaller the government, the more impotent the government it is, the better it is. I think that’s wrong.

You need some government competency, and this makes all the difference in the world when it comes to, for example, industrial policy. Ironically, the United States had a very good industrial policy when they were doing military defense because they allocated a lot of resources in a fairly efficient way.

If you think about the Cold War, if you think about the space program, they generated enormous technological improvement at costs that, if you look back, they are not that big. I’ve not seen anybody documenting massive waste in the Apollo program. The question is, why was the government able to do that and now is not able to even do the most basic things?

Bethany: And why the government was able to do it in a somewhat . . . I’m struggling to come up with the right words here, but a somewhat unplanned way, in a sense that the goal wasn’t industrial policy. The goal was national defense, and industrial policy was a byproduct of a different goal.

I usually tend to think that things are better being what they are. In other words, if you’re going to hand over money to companies to do something, it should be very clear that that’s what you’re doing. In this case, it was kind of a byproduct of a different goal.

Luigi: I think that, actually, sometimes you do the best when you’re not aiming at that goal.

Bethany: Right? Yeah.

Luigi: Here, the goal was to defend the United States against a very threatening and powerful enemy. That moral tension might have helped to create a better allocation of resources. When you are only talking about money and making people richer, then everybody feels more entitled to steal as much as they can.

Bethany: Yeah, that’s interesting. A phrase slipped out of me when I was talking about my new book, and I’m not quite sure it’s right, but I’m thinking about it, which is that you can’t have markets without morality.

In a weird way, what we’re talking about is exactly that, because when the big moral stakes were the defense of the United States, maybe this function does a check on natural human greed. When industrial policy is just grab as much money as you possibly can because the government’s handing it out, maybe then, you don’t have the necessary moral check.

Luigi: But I will add, you cannot have government without morality because part of the problem here is that everybody who was involved, let’s say, in the Apollo program, felt very strongly about the sense of mission.

I don’t think that if you go around to many of the participants in industrial policy today, they do feel the same sense of mission. Even on an issue like fighting climate change, which is a big, big, very important issue, I’m not so sure that people are so purely dedicated, at least the ones working in the administration.

Bethany: Yeah, I think that’s a very fair point.

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Is this a correction or a recession? What to know amid the international market plunge

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International markets plunged overnight, leading to a drop in the U.S. markets on Monday after investor worry about a possible upcoming recession , a panic that has been building for days.

The S&P 500 Index was down 8.6% and the NASDAQ 100 fell 5.4%, as of Monday morning, and tech stocks including Apple, Amazon and Google declined sharply. Investors have purchased U.S. treasuries, leading a decline in mortgage rates.

Greg McBride, chief financial analyst at comparison site Bankrate, said that the " refinancing door has swung open " for people who took out a mortgage at a rate above 7%.

Here's what you should know.

Stock market live updates: How US markets are feeling impact of plunging global markets

What is a correction and what is a recession?

A correction is a market drop of at least 10% from a recent high, which typically occurs about once a year.

According to the World Economic Fund, there is no globally recognized definition of a recession . The National Bureau of Economic Research says a recession is a "significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income, and other indicators."

An " earnings recession " occurs when there has been earning declines or negative earnings growth for at least two consecutive quarters. According Forbes, during an earnings recession, a majority of company profits declined " year-over-year for two or more quarters in a row ." 

A bear market is when a stock or market index falls 20% or more, and a bull market is a sustained rise in stock prices without a bear market, or 20% drop.  

How likely is a recession?

While some economists say current market conditions raise the risk of a recession within the next 12 months, others are downplaying concerns.  

“The recession fears are overblown,” said Scott Wren, senior global market strategist at Wells Fargo. “It’s not time to panic here.”

Wells Fargo economists Monday said they expect an economic slowdown – not a recession, noting the labor market is in the early stages of weakening and “still some distance away from even the most moderate, modern recession,” which took place in 2001. The bank’s analysis, led by Paul Christopher, head of global investment strategy, also notes that consumer spending has potential to grow as household purchasing power strengthens. 

“The recession risk was not zero a month ago. It wasn't zero 6 months ago,” Wren said. “You could probably make an argument that it's a little bit higher today than it was last week, and that's only because the labor market report was weak, but we still think a recession is not going to happen, that it's a relatively low probability.”

Goldman Sachs Group economists Sunday raised the probability of a U.S. recession within the next year from 15% to 25% but see recession risk as “limited,” according to reporting from Bloomberg and other outlets.  

Recession worries stem, in part, from the July job report’s triggering of the Sahm rule , a measure that says if unemployment based on a three-month average rises by at least a half percentage point over the past 12 months, the nation is likely in a recession.  

Claudia Sahm, a former Federal Reserve economist, has cautioned against taking too much of a signal from her namesake rule in a post-COVID labor market. She told Bloomberg Television “it is very unlikely that we are in a recession,” but “we’re getting uncomfortably close to that situation.”

“A really important question is, where are we headed?” Sahm said. “And those changes in the employment rate that the Sahm rule picks up on do not look encouraging. They're headed in the wrong direction, and that momentum is what can get us in trouble."

How long do recessions last?

There is no fixed time on how long a recession will last, and it ends when economic growth resumes. A recession may last only a few months , but it could take the economy years to recover to its former peak, Investopedia says.

Do interest rates go down during a recession?

The World Economic Forum says central banks can lower short-term interest rates , which can help increase consumer spending high-cost items like cars or homes. Governments can also add policies like tax cuts or begin infrastructure programs.

Is a recession good for home buyers?

If you're ready to buy a house, a recession could mean good news for the cost of borrowing.

If banks lower short-term interest rates to help end a recession, the cost of borrowing money for high-priced items like homes or cars is lower, which can lead to an increase in consumer confidence and spending , the World Economic Forum said.

Contributing: Bailey Schulz, Medora Lee, Paul Davidson and Dan Morrison, USA TODAY.

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  • To revive the economy, China wants consumers to buy better stuff

It is offering them money to do so

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E VERYWHERE YOU look, the world’s politicians face tough economic choices. In many countries, they must raise taxes, cut spending or put up with high interest rates to keep inflation in check and make room for investment in the future. China is different. In the world’s second-biggest economy, inflation is too low, investment is excessive and interest rates are falling. The government’s most urgent economic task is to encourage citizens to loosen their belts, not tighten them.

“We should focus on boosting consumption to expand domestic demand,” the Communist Party’s Politburo said on July 30th. It is right. The government’s economic-growth target for this year is “around” 5%. To meet it, demand and production must expand in tandem. Consumption accounted for most of the necessary increase in spending last year, as households returned to eating out and travelling after the pandemic. Their spending was also strong in the first three months of this year. But it has since begun to flag, putting the growth target in doubt.

Consumer confidence is low. Retail sales grew by only 2% in June, compared with a year earlier, even before adjusting for inflation. Sales of cosmetics and clothing fell. A survey by China’s central bank in April showed that over 60% of city-dwellers want to increase the amount in their savings accounts. Less than a quarter want to consume more.

To change their minds, the government has expanded a programme introduced in March. The scheme provides subsidies to households that renovate their homes and scrap old goods for shinier, greener replacements. Buyers of new electric cars will receive up to 20,000 yuan ($2,800). Other goods, including refrigerators and televisions, will attract subsidies of up to 2,000 yuan. The money for the scheme, which will amount to about 150bn yuan ($20bn), will come from long-term bonds sold this year by the central government. That will spare debt-ridden local governments an additional financial burden.

At a press conference for the policy, Xu Xingfeng of the Ministry of Commerce referred to cars, household appliances, home furnishings and catering as the “four guardian kings” of traditional consumption, a reference to the four protectors of the world in Buddhism. He urged local governments to promote energy-saving appliances, such as water-efficient dishwashers, and more sophisticated home products, such as “smart” toilets. The Buddha, of course, taught that desire for material things was the source of suffering. But he never owned a smart toilet.

Will the scheme make a difference? The amount earmarked by the central government is the equivalent of only 0.3% of the country’s annual retail sales (although it is meant to be spent in a shorter interval). Even if it succeeds in the near term, it may cannibalise later sales. America’s cash-for-clunkers programme, introduced in 2009 during the global financial crisis, prompted 360,000 extra car purchases in two months, according to Atif Mian of Princeton University and Amir Sufi of the University of Chicago. But because subsequent sales were correspondingly weak, the net effect was almost zero by March 2010.

Such schemes aim to prise open wallets. Another approach to raising consumption is to fatten those wallets. The Politburo also promised to “increase residents’ income through multiple channels”, without specifying how. Households’ biggest source of income is wages. But Goldman Sachs, a bank, estimates that urban wages grew by only 2.7% year-on-year in the second quarter, compared with growth of 5.6% in the first.

Households can also earn income from their assets. For most Chinese, their biggest asset is housing. A survey in 2019 by the central bank showed that flats and other residential property accounted for 60% of the average city-dweller’s wealth. The ongoing decline in China’s house prices will, therefore, have damaged consumer morale. But because few households rent out their flats, even when they own several of them, the property slump may have inflicted surprisingly little harm on their cashflow, points out Adam Wolfe of Absolute Strategy Research, an advisory firm.

a good economic thesis topic

What about households’ other assets? Building on the central bank’s survey, Mr Wolfe has estimated the average city-dweller’s holdings of stocks, bonds, deposits and other financial assets. He calculates that the yield on this portfolio (including dividends and interest payments) has halved since 2019 (see chart). This is partly because regulators have cracked down on the riskier, more rewarding, products offered by shadow banks. It is also because households’ eagerness to save, amassing deposits and bonds, has reduced the return to doing so. The decline in yields is, then, a consequence of weak consumption. And by eroding household income, it could also be a further cause of it.

In steering the economy, China’s rulers have powers and privileges other politicians can only dream of. They face no political opposition. The central bank is subservient. The government owns most of the commercial banks and many other firms, too. Yet China’s leaders have failed over the past two decades to rebalance the economy decisively towards consumption. And they will probably fail over the rest of this year to raise household spending enough to meet their growth target. Perhaps it is time for them to trade in their old economic policies for new ones. ■

Subscribers can sign up to  Drum Tower , our new weekly newsletter, to understand what the world makes of China—and what China makes of the world.

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Biden-Harris Administration Invests Approximately $40 Million to Connect Residents to Good Jobs in Eastern Kentucky

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Contact: EDA Public Affairs Department, [email protected]

WASHINGTON, D.C. – The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA) , today announced it will award approximately $40 million to Shaping Our Appalachian Region (SOAR) in Pikeville, Kentucky, to connect eastern Kentucky residents to resources and training for good jobs.

In December 2023, The Eastern Kentucky Runway Recompete Plan was named one of 22 Recompete Finalists as part of Phase 1 of the Distressed Area Recompete Pilot Program (Recompete). Recompete targets areas where prime-age (25-54) employment is significantly lower than the national average, with the goal of closing this gap through flexible, locally-driven investments. 

“The Biden-Harris Administration’s Investing in America agenda is about ensuring every community in Kentucky and across the country has the resources and support to grow and thrive,” said U.S. Secretary of Commerce Gina Raimondo . “The investments in Kentucky’s Runaway Recompete Plan will create jobs, enhance workforce development efforts in high-growth industries, and grow local small businesses to help revitalize communities across Eastern Kentucky.”

As one of six Recompete awardees selected for implementation funding, the Eastern Kentucky Runway Recompete Plan will advance local industries, small business support, and job placements for people in recovery, former coal workers, and others in a 12-county region. Geared towards healthcare, energy, and tech sectors, the coalition will grow employment in remote jobs and expand pathways to higher-paying careers. 

The final grant amount will be confirmed in the coming months. 

“Through partnership with local communities, the Recompete program will make targeted, community-led investments to reduce unemployment,” said U.S. Assistant Secretary for Economic Development Alejandra Y. Castillo . “The Recompete awardees are bringing together a wide range of partners to develop integrated approaches to support Americans in accessing good jobs.”

“This investment will ease barriers to employment and support the hardworking people of Eastern Kentucky,” said Governor Andy Beshear . “This is a region that deserves our country’s thanks and investment. The people of Eastern Kentucky mined the coal that powered our country through two world wars and helped build the strongest middle class the world has ever seen. We’re grateful to the Biden-Harris administration for prioritizing investment in our region and our people.”

“We have the best workforce in the country with individuals who take great pride in their skills. Given the work ethic of our region, this grant could be a gamechanger in the hands of SOAR, an organization is already shaping a brighter future in Kentucky’s Appalachian Region. They are readily able to connect our people to the training and resources they need,” said Representative Hal Rogers (KY-05) . “As we continue rebounding from the devastating decline of the coal industry, this investment will better prepare our workforce for the healthcare, energy and tech sectors, without leaving their hometowns in the mountains. Our communities have ramped up transportation and infrastructure to prepare for new businesses, and this grant will bridge the gaps for our workforce as well.”

The Recompete program was authorized by the bipartisan CHIPS and Science Act, a key part of the Biden-Harris Administration’s Investing in America agenda. The statute authorized $1 billion for the program. To date, EDA has been appropriated $200 million for the program.  

Read more about the Recompete Pilot Program at eda.gov/Recompete .   

About the U.S. Economic Development Administration ( www.eda.gov )   The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth. 

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    to succeed as a writer of economics and offers an overview of the writing process from beginning to end. Chapter 2 describes the basic methods economists use to analyze data and communicate their ideas. Chapter 3 offers suggestions for finding and focusing your topic, including standard economic sources and techniques for doing economic research.

  9. Economics Essay Topics: 162 Practical Ideas & Useful Tips

    🌠 40 More Good Economic Essay Topics. Scrolled through our ideas, but can't find a suitable topic for yourself? No worries! We have more issues to share with you. So, don't stress out. Take a look at our list of economical essay topics. ... Come up with a thesis statement. A thesis statement is an essential element of your essay. It will ...

  10. Economics Dissertation Topics: 25+ Examples You Can Explore

    This guide is a list of some of the topic ideas that you might want to consider for the project. 25+ List of Economic Dissertation Topics. Economics is a wide field with different areas of exploration. This guide looks at some of the areas economics, each with a few examples of dissertation topics that you can investigate.

  11. 128 Interesting Economics Topics to Write About

    These economics topics for the research paper are brand new and can be used in 2022. The list will be updated periodically as well. Our research topics for economics are split into 10 main categories, so you have plenty of different topics to choose from. Economics Research Topics for Undergraduates for 2022. Finding some good economics ...

  12. Economics Undergraduate Honors Theses

    Determining the Relationship Between Patient Participation and Treatment Plan Confidence Across a Spectrum of Illness Severity in the State of California" - Saif Chowdhury. "Modeling Optimal Investment and Greenhouse Gas Abatement in the Presence of Technology Spillovers" - Sabrina Chui. "Understanding the Influence of Marginal Income Tax Rates ...

  13. PDF Senior Thesis Guide 2023-24 Department of Economics

    Deadline to submit the thesis registration form, signed by your advisor, to the Economics Undergraduate Office ([email protected]) by 5pm ET. Anyone without a thesis advisor by this date (add/drop deadline) must drop Ec 985 and the thesis. Have your data in hand and have plans for the type of analysis you'll be doing.

  14. Economics Dissertation Topics

    Possible economics dissertation topics in this area include: The role of social networks in supporting innovation activities in mature industries. The financial and non-financial support of family in the development of successful entrepreneurship. The private network as the facilitator of the firm start-up.

  15. 100 Economic Research Topics For Students Online

    Discover inspiring 100 economic research topics for your college assignment. The best research topic ideas online for economics paper writing. ... It makes it extremely difficult to find good economic research topics for your Master's thesis, dissertation writing, or a simple essay that you plan to use for debates. Keeping all of these ...

  16. 50+ Top-Tier Economics Papers Topics For Students

    Interesting Macroeconomic Topics. Discuss the monetarist and Keynesian branches of economics in the USA. The role of an activist government in irrational market swings and recessions. Effects of economic analysis on the stock market exchange. How economic conditions move markets and guide investment decisions.

  17. How To Pick A Topic For Your Economics Research Project Or Master's Thesis

    Further, make sure that you get feedback on your idea early in the process. This advice extends to the rest of the research project too. It is your supervisor's job to guide you, so keep in regular contact with them throughout the course of your research. 4. Pick something original, but not too obscure.

  18. Honors Theses

    Filter by thesis title. Author Thesis Title Year Angel, Brandon. COVID-19 School Closures: The Effects on Students Measured by Standardized Testing Scores ... to train students at the undergraduate and graduate level in the methods and ideas of modern economics, and to conduct both basic and applied research in economics that pushes forward the ...

  19. Free Economics Dissertation Topic Examples

    Use our FREE Dissertation Topics service to get 3 unique topics within 48 hours. Economics dissertation topics on Micro and Macroeconomics, International Economy, Financial Economics, Labour and Demographic Economics.

  20. 170+ Thesis Topics Ideas For Your Successful Degree

    Economics Thesis Topics. Psychology Dissertation Topics. Architecture Thesis Topics. Criminal Justice Thesis Topics. Philosophy Thesis Topics. History Thesis Topics. MS Thesis Topics. Where You Can Find Thesis Writing Help For Your Topics? Our list of 170 free thesis statement topics is broken into 12 of the most popular subjects.

  21. 261 Macroeconomics Topics for Any Paper [+Tips]

    Macroeconomics is a field of economics that studies the economic performance of countries. By employing it, governments can analyze the financial situation within a country. Macroeconomic theory's concepts help to predict and prevent possible economic obstacles. Generally, the field presents the big picture.

  22. Capitalisn't: The New Economics of Industrial Policy

    Harvard's Dani Rodrik first introduced his theory of the "globalization trilemma," which states that no country can simultaneously support democracy, national sovereignty, and global economic integration, in the late 1990s. Over time, the theory has gained influence as governments seek to address populism, trade imbalances, and uneven growth through renewed interest in industrial policy ...

  23. Bank of Japan Raises Interest Rates, Driving Up Yen

    The decision was the latest sign of a rethink among central banks about the effects of higher interest rates on economic growth. In rare comment, Gov. Ueda says weak currency is reason to tighten ...

  24. Correction vs. Recession: Key terms to know amid financial market dive

    Wells Fargo economists Monday said they expect an economic slowdown - not a recession, noting the labor market is in the early stages of weakening and "still some distance away from even the ...

  25. China is itching to mine the ocean floor

    Companies typically mine in order to make money, but China's also have grander concerns. Take China Minmetals, a state-run giant that has an exploration licence for about 7.3m hectares of ocean ...

  26. Trumponomics would not be as bad as most expect

    The millions who have entered the country in the past few years have been vital to sustaining economic growth while taming inflation. A halt to migration would be a shock to the labour market.

  27. To revive the economy, China wants consumers to buy better stuff

    E VERYWHERE YOU look, the world's politicians face tough economic choices. In many countries, they must raise taxes, cut spending or put up with high interest rates to keep inflation in check ...

  28. Biden-Harris Administration Invests Approximately $20 Million in

    Contact: EDA Public Affairs Department, [email protected] WASHINGTON, D.C. - The Biden-Harris Administration, through the U.S. Department of Commerce's Economic Development Administration (EDA), today announced it will award approximately $20 million to the city of Allentown, Pennsylvania, to connect residents in distressed neighborhoods to good paying jobs in high-opportunity industries.

  29. Biden-Harris Administration Announces $184 Million for Six Recompete

    WASHINGTON, DC — Today, the Biden-Harris Administration, through the U.S. Department of Commerce's Economic Development Administration (EDA), announced $184 million in implementation grants for six Recompete Finalists. These awards will create renewed opportunity in economically distressed communities through good-paying, high-quality jobs and improve access to the workforce for Americans.

  30. Biden-Harris Administration Invests Approximately $40 Million to

    Contact: EDA Public Affairs Department, [email protected] WASHINGTON, D.C. - The Biden-Harris Administration, through the U.S. Department of Commerce's Economic Development Administration (EDA), today announced it will award approximately $40 million to Shaping Our Appalachian Region (SOAR) in Pikeville, Kentucky, to connect eastern Kentucky residents to resources and training for good jobs.