Students who specified in attaining a bachelor’s in economics are always tasked to write an economic essay as a pre-requisite before graduation. They are expected to show their understanding of the economics arena. Through this, their prowess in the application of formulas, theories, and concepts is put to the test.
Well, while writing such an essay may be a walk in the park for other students, it can as well be an uphill task for some other students. We have done a very competitive compilation that will enable you to write an unmatched economic essay.
How to write an economic essay
Writing an economic essay needs adequate planning and preparation before penning down your knowledge of economics.
- Choice of topic
The choice of your topic is very important. Choose a topic that is relevant to the timing. A topic that can spark a discussion and with relatable content. In the case of a given topic, read clearly and understand the requirements of the topic.
- Extensive research
Having settled on the topic, researching extensively is the next stage. You want to write about what fully understand and have a clear idea of. Your content should be top-notch. Your research should be able to answer the questions that have been provided.
- Creation of a thesis statement
Creating a powerful thesis statement will not only ignite reading will from the readers but will also put your essay at the top. This forms the question that reveals your stand and opinion on the topic provided. Take your time thinking critically about the thesis statement.
- Writing your essay
Penning your researched ideas should be systematically arranged. You must have the standard structure of an essay at your fingertips. Your content should also correspond to the structure of the essay that is the introduction, the body, and the conclusion.
Economic essay structure
A standard essay has three parts that are globally accepted. That is the introduction, the body, and the conclusion. Let’s dig a little deeper into the essay parts.
Economic essay introduction
The introduction is like the roadmap to the essay. It contains background information on the topic. The thesis system is also in the introduction. The more brief information included in the essay the better.
The body is the main part of the essay, it contains the main content, the major arguments, the proofs, and the facts that support your topic statement are to be included here. All graphical and pictorial evidence should be attached here.
Every paragraph should introduce an idea and the thesis statement. The paragraphs should be flawless leading towheads the conclusion.
The conclusion of the essay is the last part of the essay that stamps the thesis statement. In conclusion, there should be no new content that had not been discussed previously. Be sure to restate the thesis statement to further affirm your position.
Economic essay ideas
If you are tasked to come up with ideas that can create a very interesting essay, this can be hard we understand. Our team has put up some ideas together that spark some thoughts in you. Below are some ideas:
- Gender Equality and its Impact on Economy
- Rural to urban migration in third world countries and its Impact on the Economy
- Political Stability and its Effects on the Economy
- Mobile money transfer and its relationship to the economy
- A post-mortem of the effects of Covid 19 to the economy
- The currency valuation against the dollar
- Globalization and its effects on the countries and global economy
- Import and export of global commodities
- International Migration and its Effects on the Economy
- World bank lending
- High unemployment rates
- Health and economy
- Economy and Poverty
- Poverty and substance abuse
- Corruption and health provision
- Corruption and governance
- Racism in America
- Consumer and the demand
- Demand and supply
Economic essay topics
Economic essays are drawn from a number of departments around the globe such as trade, pandemics, world Wars, dollar exchange rate, Ukraine and Russia wars, international trade, 1st and the 3rd world, gender equality, political stability, world bank, soviet powers, Veto powers, corruption, health aspects of economics among others.
The examples of the topics are as below
- The current economy after the pandemic
- Contribution of China to the World’s Economy
- The general economic status of the Asian countries after World War 2
- The contribution of mobile money transfer to the world’s economy
- Effects of mobile banking to the third world countries
- Does the Soviet Union have an influence on the current 2023 economy
- Effects of the Pandemic on third world countries’ Economy
- Socioeconomic Contribution to the Economy by Women in Politics
- The Relationship between gender and Socioeconomic Growth
- Economic impact due to internationalization
- International Industrialization and Economics
- Relationship between the economy and the growing population
- The effects of migration from third world countries to first world countries on the overall economy
- Political instability and its effects on the Economy
- International companies: Mercedes to the world’s economy
- Importation and exportation to a country’s economy
- Effects of Corruption on the Economy
- Effects of Economic on the health provision
- Effects of the Economy on the Leadership and Governance
- Terrorism and the global economy
- Microeconomics and macroeconomics of the countries
- Private and public manufacturers
- Small Medium enterprises
- Tourism and economic
- The inflations in the basic commodities
- Effects of Ukraine’s War on oil supply
- Chinese loans to the developing countries
- Falling European economy
- Effects of European Economic on the African Countries
- Individual expenditure
- Economies in relation to fighting drug abuse
Economic model essay
An economic model is a thoroughly scrutinized description of an economic plan that be put to the test in the real environment. The model is always subjective in nature to achieve the desired results. There are two sides to the economic model.
The theoretical and the factual. The factual is based on the tested facts while the theoretical is a subject to be tested and more subjective. A typical example is the demand for avocados globally. The demand against the supply and the possible demand in the global. One is factual demand while the other is to be tested if the demand is real.
Summary
An economic essay just like any other college or professional essay has three major parts that are the introduction, the body, and the conclusion. The economic essay model is a hypothesis on the economic design that is to be tested. The thesis of the essay should establish your opinion which should be restated at the end of the essay. Depending on the topic under scrutiny, it is imperative that your essay serves the purpose intended.
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