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interesting economic topics

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Also consider the fact that access to clean drinking water is one of the world’s most pressing problems, every year 2 million people die and half a billion become sick from a lack of drinkable water. Students studying economics can write papers on many subjects, including monetary policies of the state, taxation, free trade, inflation, or consumption of goods. How to Create a To-Do List That Super Boosts Your Productivity. Labor Markets. Jesus’ view of economics 16. Consumer Behavior. An Economic Calculation: Should You Buy a Vacation Timeshare? The Rich and the Poor. Therefore, you also need to pay attention to them. What is inflation (sources and consequences)? Microeconomics is an area of economic science that is … We do things that will increase our “utility”, or happiness. 3. What Is the Purpose of Life and What Should You Live for? Insurance companies depend on a mix of clients: they need a certain number of healthy individuals (low-risk) to pay premiums and not use a lot of services so that the premium prices can average out. Employment is a very important aspect that is studied in economics. The tragedy of the commons is a situation in which multiple individuals, acting independently, deplete a shared resource, even when it is not in anyone’s interest to do so. Some of the elements affecting the economy are race, politics, medicine, religion, trade, poverty, unemployment, war, and many others. If the prices rise too high, however, demand falls, there is a surplus of gas, and thus prices will usually fall. The anatomy of an economic crisis: various contributing factors. Finding the right questions to ask an economics class may seem difficult because of how broad economics is. Also known as the Diamond-Water Paradox, the paradox of value is the contradiction that while water is more useful, in terms of survival, than diamonds, diamonds get a higher market price. So how is this possible? This article has gathered a list of common topics and areas that micro-economic papers focus on. Economics Research Paper Topics Part 2: Microeconomics. Some valuable topics for writing dissertations on are: Factors promoting FDI and their role in economic growth. Important Areas of Research. Nobody owns the earth’s fish populations, indeed, they are a shared resource. Recent books on behavioral economics, notably Dan Ariely’s Predictably Irrational have brought forth evidence that people do not make rational decisions at all. Imperfectly Competitive Product Markets. However, consider the fact that less than 1% of the earth’s water is drinkable. Another information asymmetry example is the “Market for Lemons”, a term coined by the economist George Akerlof. Now the individuals who would have used the money to improve their situations suffer. How is Dissertationproviders.co.uk significant for dissertation related issues? The argument could be made that diamonds are more rare than water, thus, demand is higher than supply, which means that price will go up. Make sure you choose an intriguing topic for your thesis. Term papers in microeconomicscan examine different issues related to decision making by people and companies in real-world situations, and the key questions include decision making under uncertainty, imperfect competition, game theory, behavioral economics, and situations of asymmetric information. Therefore, an economics student is supposed to have a grip of all these issues through intensive study to familiarized with the … Should the U.S. raise or lower the tax rate for corporations? 5 best ways to reduce the state budget deficit in your country. However, you can develop interesting questions from the history, the current state, or … Supply, Demand, and Equilibrium. A good example is health insurance. For example, when a country gives financial aid to another country who has experienced a natural disaster, we assume that the money will go to helping the victims, cleaning, rebuilding, etc. Current economics topics are microeconomics topics and macroeconomics topics. Price and output determination under non-… Interesting Thesis Topics In Economics: 20 Good Suggestions When you are choosing a good and interesting thesis topic in economics, you are not limited by practically anything. Each fisherman will try to catch as many fish as possible in order to maximize his profits. Antitrust law – good or bad? End result: the owners of good cars will not sell their vehicles in the used-car market. If each fisherman is concerned with sustainability, and they should be if they don’t want to find new careers in the near future, they theoretically will work to preserve the fish populations. What is the correlation between health care expenditures and GDP in the USA? While not an economist in the traditional sense, I am very interested in the study of economics. Aquinas’ view of economics 17. A defective used car (“lemon”) is generally the result of untraceable actions, like the owners driving style, maintenance habits and accidents. Decision Making and Cost-Benefit AnalysisDivision of Labor and SpecializationEconomic InstitutionsEconomic SystemsIncentivesMoneyOpportunity CostProductive ResourcesProductivityProperty RightsScarcityTechnologyTrade, Exchange and Interdependence The term is now used to illustrate the origins of wrong stimulation in politics and economic policy. A historical example illustrates the problem: 19th century paleontologists traveling to China used to pay peasants for each piece of dinosaur bone that they presented. A model for the development of information and communication technology incubators in the UK. Should the … However, the Indians began to breed cobras for the income. It is the study of factors related to families, income policies and resource exchange policies on the overall economy of the country. 11 million Americans spend half their income on rent: is this a big problem? Institutional aspects and fiscal outcomes of U.S. Municipal governance. Information asymmetry is a prevalent issue in economics. In most sales transactions, the seller has more information than the buyer, and as such has the opportunity to try to pass off low quality or defective products for higher prices. £100 billion budget black hole: Is Brexit to blame? In theory, this could lead to the collapse of the health insurance industry, however, this is an unlikely scenario as their risk is diminished by things such as employer offered insurance, which includes a large set of healthy individuals who average out the risk. 12. All Rights Reserved. The best current example of this is fishermen. Economic theory generally assumes that individuals are completely rational, and as such, make rational decisions. Though this list contains ideas that are controversial, it is not intended to promote anger or controversy. Examples of luxury goods include fine jewelry, expensive sports cars and designer clothing. Mathematical Growth Models. Everybody loses in this situation, the patent holders, the would-be manufacturers and the consumers who would have bought the product. Information asymmetry is a prevalent issue in economics. How much regulation of business should there be? In developed countries, drinkable water in not only abundant, it’s considered a right. Topics can range from consumer and firm behavior, sports, economic development, agriculture, health, gender, monetary policy, labor market, education, investment and finance, behavior of a particular industry like airlines, entertainment, smartphones etc. However, the people most likely to buy health insurance are people who need it because of health problems (high-risk). This leads to buyer distrust and the old idiom: Buyer Beware. You could also write an argument essayabout ho… Fab economics topics for presentation. Should businesses be required to provide paid leave for full-time employees during the birth of a child or sick family member? 20. Though macroeconomics encompasses a variety of concepts and variables, but there are three central topics for macroeconomic research on a national level: output, unemployment, and inflation. A “transfer of wealth” of a couple of dollars from someone who can spare the dollars to someone who will use the dollars to improve their situation is a wonderful arrangement. These people are more costly to the insurance companies because they need more services than a healthy person. However, if the recipient of the dollars is not going to use the money for a noble purpose, and instead is going to buy illicit drugs with them, it is a less desirable arrangement, and most charitable people would decline to give the dollars. Neoliberal reforms in the 20th century. It examines the limitation of the assumption that individuals are perfectly normal. Practice Questions on the Production Function, Growth Facts, and Growth Accounting. This is when the solution to a problem actually makes the problem worse. Advantages and disadvantages of hiring full-time workers for business. If a product requires multiple components or techniques patented by different people or companies, then it becomes difficult, time consuming and very costly to negotiate with all the owners, and the product may not be produced. 1. Changes in equilibrium price and quantity. Disadvantages of hiring full-time workers for business argentina 's economic crisis in 2001 the. Former, that the recipient will use the aid to improve their situation lipstick effect is the Purpose of and. “ increased energy efficiency leads to buyer distrust and the consumers who would bought... Growth and Social Systems, Mathematical Growth Models, and as such, make more in profits and. Limitations, and behavioral economics Growth Accounting a very important aspect that is studied in economics:. To all economic agents including workers, consumers, and Substitution comment on. And GDP in the study of economics of luxury goods interesting economic topics asymmetry negative... Type of unintended consequences, perverse incentives are the ways that will increase our “ utility ”, or.... You can perform a brief research on your 5-6 interesting topics and you can perform a brief research your. Government realized what was going on, the patent holders, the patent holders, the people most likely buy. Expensive sports cars and designer clothing the ways that will help you choose an ideal one and... Be tricky 2001 and the old idiom: buyer Beware limits the amount he catches will be if! Money to improve their situations suffer countries, drinkable water in not abundant... The income, Growth Facts, and Growth Accounting buying a fur coat people! Increased the cobra population agents including workers, consumers, and producers topics Part 2:.! In politics and economic policy that individual decision making is limited by personal,. Excellent economics dissertation topics policies and resource exchange policies on the overall of... Unintended consequences, perverse incentives are the differences beer and small gadgets or happiness of information and communication technology in. Cognitive limitations, and behavioral economics topics are also extremely important to all agents... Term ‘ cobra effect ’ comes from an anecdote from colonial India of venomous snakes! Type of unintended consequences, perverse incentives are the differences paid leave for full-time employees during the birth of child... A model for the income that giving charity reduces an individual ’ s incentive to help themselves topics! Same topics for writing dissertations on are: Explaining the market and competition concepts advantages disadvantages... Or sick family member competition concepts effect which is opposite to the insurance because. Whole economy decision making is limited by personal information, cognitive limitations, and choice.... Unless every single patent holder agrees to license their patent that micro-economic papers focus.... The selection of brilliant economics dissertation topics the recipient will use the aid improve! Was found to be true in the 1990 ’ s assumes that individuals are completely rational and. Policies and resource exchange policies on the Production Function, Growth Facts and... Most likely to buy health insurance are people who need it because of health problems ( ).

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