Economics Essay Topics


Economics is regarded as one of the earliest and arguably most essential of the social sciences. While not exactly a science as the term science is widely known as today, there are similarities that allow for its classification as a social science. One of these similarities lies in the roles that economists play as social… View Article

Economics Internal Assessment

The article discusses the effects of a severe flood in the areas of Thailand to the rice production. The rice production falls to 22 from 23 million metric tons. Supply is quantity of goods and services that producers are willing and able to produce at a given price and time period. The decrease in supply… View Article

Effects of Values on Economics

Values can be described as beliefs that people deeply hold to. They guide the decisions and behaviors of these people. They are “located” deeply within the subconscious and are integrated into every area of everyday living. People use values to choose their behaviors, employments, friends, entertainment and sports among others. Values are assimilated to people… View Article

Economics History

During the 1980s Mexico experienced what Latin American social scientists call a change in its “development model. ” Gone is the import-substitution industrialization model that characterized Mexico since the 1930s. Instead, Mexico has become an open economy in which the state’s intervention is limited by a new legal and institutional framework. Under the new model,… View Article

What Is Economics

Quoting Michael Yates, “The subject matter of economics is the production and distribution of output…” (Yates, 2003). So what does this say to me? Simplifying, this says to me that Economics is a way of explaining the world. With studies dating as far back as Aristotle’s interest in the various forms of state, how can… View Article

The London School of Economics

I have come to a point in life that many people have not. I have made a firm decision to recommit myself to pursuing my dreams. While there are those who believe that with an ounce of luck and a ton of persistence anything can be accomplished, I believe that there is no reason to… View Article

Economics Paper

Gross Domestic Product (GDP) is the total number of goods and services produced in an economy in a given year. Measured in monetary terms, it reflects the general output of an economy per given period of time. The so-called “price basket index” (the average price levels for all goods and services in an economy) is… View Article


Describe the three types of unemployment. What types of government programs would be most effective in combating each type of unemployment? •Cyclical: also called demand deficient, cyclical unemployment varies with a country’s business cycle and thus is temporary. Cyclical unemployment is negatively correlated to a country’s GDP – if the economy is expanding, cyclical unemployment… View Article

End of History Economics

The set of short essays in question–compiled into a single essay by Foreign Policy–states the facts correctly about the current economic depression (they refuse to call it that, they opt for the less alarmist term of “recession”). But merely stating the facts correctly completely misses the point. Most couch-potato news junkies already know everything that… View Article

Chile’s economy

According to the CIA world fact book, Chile is located in the southern part of South America and it borders the South Pacific Ocean. It is endowed with natural resources like copper, iron ore, timber as well as precious metals. A brief history of Chile’s people in terms of their literacy levels and demographics is… View Article

Why Study Economics

Many times in life we are presented with situations that can alter the way we view things and as a result may alter our decision making process from time to time. The ever-changing global economic situation is one such factor that does affect the way people live their lives from day to day since survival… View Article

Caledonia Leas or Buy

Describe factors Caledonia must consider if they were doing a lease versus buy Sense Caledonia is thinking of introducing a new product, the company must decide whether to lease or buy. Caledonia is in the 34 percent marginal tax bracket with a 15 percent required rate of return on cost of capital, the new project… View Article

Principles of Economics

Italy is one of industrial countries in the world in European. According to Central Intelligence Agency (CIA) (28 May 2009), Italy has two sections of economy; one is developed industrial north and less-developed with high unemployment in south. In 2008, the unemployment rate in Italy was estimated with 6. 8%, especially in agriculture. In the… View Article

Externalities in Economics

Externality is yet another significant source of market failure. It is owing to the lack of property rights that externality arises. According to Jaen (2005), by externality we mean the situation when the cost or benefits related to a transaction not only affects the transactors but also the other parties which is called party effect…. View Article

Offshoring benefits and advantages

Some businesses choose offshoring to solve the issue of expertise, especially for IT personnel. These companies claim they simply cannot find enough qualified employess in the United States to do certain technology jobs. Do you agree with this assessment? Why or why not? From first glance at this statement, it seems like a line that… View Article

The Heckscher-Ohlin

The Heckscher-Ohlin theorem of international trade argues that a capital abundant country is supposed to export those goods that are capital intensive while a country that is labor abundant is expected to export goods that are labor intensive, while David Ricardo argued that there should be free trade among countries and also there should be… View Article

SWOT Analysis of Regis Corporation

Section I – Organizational History Regis Corporation, a Fortune 1000 company, specializes in beauty salons, hair restoration centers, and cosmetology education. The Company owns, franchises, or holds ownership interests in approximately 12,700 worldwide locations (Regis Corporation, 2009). Regis’ corporate and franchise locations operate under concepts such as Supercuts, Sassoon Salon, Regis Salons, MasterCuts, SmartStyle and… View Article

The Most Popular Trend in International Economics

Indeed, globalization is the most popular trend in international economics. Increasing integration of world markets and exchanges of information and technology are definitely expected to help the developing world. Thus, the thesis of Bhagwati’s book, In Defense of Globalization, must be agreed with. After all, foreign direct investments are an extraordinary boost for the economies… View Article

Competitive Advantage theory

The last decades there is a brand new term going around in the world of business. Its name is Competitive Advantage. As various extremely important executives claim this factor can be the missing key, which will lead eventually a company to success. Allow me to give a first description of what I have understood, so… View Article

Collaborative Fund-Raising Activit

The Phoenix Homeless Agency (PHA) needs to increase funding to continue funding job counseling to qualifying recipients. While they regularly access traditional contracts and grants, the economy has increased the need for services immensely and required them to look for other sources. The Executive Director and Board of Directors have begun their search by using… View Article

Global Economics Stakeholders

Any business organization has to be competitive in the business sector so as to keep in line with other competitors, or else getting competitive advantage over the other competitors might not be easy. The business organization has to therefore satisfy all its stakeholders and be in a better business position. The organization has got to… View Article

Users Who Will Benefit from Financial Statements

The users of Financial Statements need them in order to satisfy some of their different needs for information. The following are the users and the ways in which they use this information in their decision making. Investors They are the providers of Capital for the entity. They require information in order to determine whether they… View Article

The Feed Resource Recovery

The Feed Resource Recovery concept is simple; to provide supermarket and restaurants with an onsite waste processing system that converts previously discarded food waste into a source of renewable energy and organic fertilizer. Having a great idea is just the beginning, to take this to the market they will have many issues to overcome. Opportunities… View Article

The Invisible Hand Theory

“The Enquiry to the Nature and Cause of wealth and Nation” by Adam Smith is one of the well-known influenced books in the economy. As express on the title of the book, it shows Adam great interest on wealth condition of a nation. He doesn’t locate the wealth on natural resources and climates but in… View Article

The Advantage of Flexible Exchange Rates

Under flexible exchange rate system, a country is free to adopt an independent policy to conduct properly the domestic economic affairs. The monetary policy of a country is not limited or affected by the economic conditions of other countries. Solutions to Balance of Payment Problems: The system of flexible exchange rates automatically removes the disequilibrium… View Article

Pareto Principle

The term “Pareto principle” can also refer to Pareto efficiency. The Pareto principle (also known as the 80–20 rule, the law of the vital few, and the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes. Business? management consultant Joseph M. Juran suggested the… View Article


Section One: 1. What is, “Utilitarianism” and why is it important to the study of businessgovernment relations? Utilitarianism is a usually described as the greatest happiness for the greatest number. It reflects the action that produces the most happiness for people; meaning that an action is good if it produces a higher ultility of happiness…. View Article

Pest: Investment and Insurance Industry

PEST analysis (Political, Economic, Social and Technological analysis) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Insurance is one of the service factor that are expected to continue to drive growth in the economy. Thus the insurance sector play important role in supporting economic ,social and technology development…. View Article

Rational Choice Theory

“Man is a rational animal who always loses his temper when he is called upon to act in accordance with the dictates of reason. ” As seen from Oscar Wilde’s famous quote, rationality is one of the most crucial and controversial subjects in studying human behavior. To study and examine this rationality, numerous scholars have… View Article