If you hear the word “economy” and your only thought is that you need to get to your local warehouse store to buy another economy-size container of cheese puffs, it’s probably good that you’ve decided to read this post for a few ideas for your upcoming economics essay.
So wipe your hands of that sparkling cheese dust, and let’s take a look at 10 economics essay topics to help you get started with your economics essay.
10 Economics Essay Topics That Will Improve Your Bottom Line
I’ve included a broad list of topic ideas with suggestions on how you might develop the topic into a specific type of paper, such as an argument, compare and contrast, or pros and cons essay.
Keep in mind that your prof may, of course, have different ideas as to what type of assignment you should be writing. In other words, read your assignment guidelines closely.
Within the list of economics essay topics, I’ve also included several sample essays for added inspiration. So make sure to check them out as you scroll through the topics.
1. Supply and demand
Gas prices are an excellent example of supply and demand. Gas prices often rise in the summer due, in part, to the high demand of summer travelers. If the prices rise too high, however, demand falls, there is a surplus of gas, and thus prices will usually fall.
If you’re writing about supply and demand, you might write an informative essay to simply explain the supply and demand of a product. You could also write an argument essay about how supply (or prices) should be higher or lower based on the market.
2. Culture and economics
A discussion about culture and economics might revolve around several cultural groups and how they impact the economy. Or the discussion might focus on one specific group (such as millennials) and how they affect the economy.
I’m sure you’ve purchased your share of products in your lifetime. So writing about consumerism might be one of those essays in which you can share personal experiences. Perhaps you can even discuss how and why you spend, and how it has affected your life.
(Think cause and effect essay—did overspending on those concert tickets put a big dent in your budget? How did this affect your spending the following week?)
4. Historical overview
A historical overview economics essay could take the form of a comprehensive overview of a specific time period (and its impact on society).
An overview might also focus on one specific component of the economy (such as interest rates or technology) and trace its impact throughout a time period.
An introduction to the history of…
Immigration is another one of those topics that lends itself to a cause and effect essay.
You might consider the impact of immigrants (either legal or illegal) in an entire country, one region, or one city. Or you might consider the impact of immigrants on an industry, such as farming.
You could also take another approach. Discuss what would happen to the economy if immigrants were no longer allowed to enter the country. Or conversely, you could discuss what would happen if current immigrants left the country.
6. Trade policies
If you’re writing about trade policies, perhaps explain how policies impact one country. You could also try comparing and contrasting the policies of two or three different countries.
7. Interest rates
Ever buy something with a credit card and then look at your statement the next month to see how much you’re paying in interest? (It’s painful. Try to pay off your credit cards ASAP!)
This personal experience with credit card interest rates might help you envision how interest rates can affect purchases in a larger company. It might also help you understand how and why interest rates may change.
Have an awesome idea for an explanatory essay about interest rates but just can’t seem to get the words in place? Check out 4 Proven Ways to Keep Writer’s Block From Ruining Your Essay.
Recessions affect just about everyone. If you know people who’ve lived through a recession (or two), their insights might be just what you need to add a local perspective to your research.
Need a few ideas to help create a survey for your economics essay? Read How to Write Perfect Survey Questions for Your Paper.
Some amount of inflation can actually be good for an economy. But if inflation increases too much, it can cause some instability and discourage spending and economic growth.
Making a list of the advantages and disadvantages is the perfect start to writing a pros and cons essay about inflation.
10. Employment rates
Employment rates and the economy go hand in hand. If your goal is to explain how the two are connected, this is the perfect time to brush up on your research paper skills. That might include brushing up on MLA or APA citation styles.
Writing an economics essay doesn’t mean that you throw out a bunch of ten-dollar words that you learned in class just to make yourself sound smart. You also shouldn’t add those words just to fill up space to meet word count.
Once you settle on one of the above economics essay topics, check out these resources to help you keep your word choices economical:
Don’t forget: Kibin editors are also here to help with word choice–and all things related to your essay.
Psst... 98% of Kibin users report better grades! Get inspiration from over 500,000 example essays.
Microeconomics Paper Topics
Finding the right topic to write a paper on is one of the most important stages of the writing process. Choose the right one, and you will make life so much easier for yourself; choose the wrong one, and it’ll be three times as hard to write it.
That’s why it is crucial to invest sufficient time in selecting the right topic. The time you spend doing it will pay back in the time and effort saved during the actual writing.
In this blog post, we have compiled a list of possible topics you could choose to write a paper in microeconomics. Some are rather narrow, others are broader. The common thing is that they will not pose any additional difficulties in writing and there are plenty of sources to get information from.
Key areas of research
As a more developed science than macroeconomics, microeconomics studies the economic tendencies, predicts what will happen when individuals make certain buying decisions, and how it will impact the distribution of resources. At that microeconomics doesn’t explain what should happen on the market, but only what to expect when certain conditions change.
The study of microeconomics includes the following key areas that one can focus on when writing a paper:
- Demand, supply, and their balance
- Elasticity – the ratio of responsiveness of one variable to the change of another variable
- Consumer demand theory – the way consumers can find a balance between purchasing needs and costs
- The theory of production – the study of how inputs are converted into outputs
- Costs of production
- Perfect competition
- Monopoly – the existence of a single supplier for a particular commodity
- Oligopoly – a form of market in which it is dominated by a small number of sellers
- Market structure and market systems
- Game theory
- Labor economics
- Welfare economics
- Economics of information
- Opportunity cost
Examples of more specific topics you can use for your paper
Supply and demand:
- How supply and demand affect pricing
- How supply and demand are affected by the labor market
- Distinct types of market structures and their effect on supply
Nature and ecology:
- The impact of seasonal fluctuations on the economy
- Demand and supply for clean energy
- How natural conditions affect the economy
- The influence of ecology on the choice of industry location
- The profitability of changing the location to one with better ecology
- The correlation between modern ecological problems and the economy
- How companies treat ecology under market and planned economies
- Assimilation potential of a certain area
- Fighting pollution and its microeconomic impact
- Decreasing environmental influences of a small business
- The characteristics of private health care centers
- The correlation between healthcare profits and taxation
Business, SMB, and manufacturing
- The difficulties of starting a business in the current market conditions
- Diminishing returns
- Improving profitability of a small store
- How local manufacturing affects the society
- Purchasing local produce and its effect on the economy
- Elements of a successful business
- Creating a positive work place and its importance for a successful business
- How can a small business survive an economic crisis?
- The competition between small and big companies
- A case study of a company that was forced to shut down
- The longevity of companies in the ever-changing market
- Local customer trends
- The benefits of a no-sale policy
- The effects of a recession on a certain industry
- How to expand a business without losses or risks
- What makes a strong leader in business
- Preventing bankruptcy of a small business
- The benefits and future of crowdfunding
Social media, PR, and advertising
- The effect of advertising on purchasing decisions
- The odds of success when living through a quality-related scandal
- The role of social media marketing in stimulating supply
Goods, pricing and purchasing power
- The effect of the purchasing ability of consumers on the pricing system
- A Veblen good – the product purchased for the pride of owning it in addition to its value
- Manipulation of the prices for oil and gas by cartels
- Prices versus salary – will the raise of the minimum wages affect prices?
These are but a few ideas of microeconomic paper topics, which means this list is far from complete. We encourage you to look for other ideas that will help your paper stand out.
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