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Economics Term Paper 101: Writing Guide, Research Ideas, Actionable Tips

Economics Term Paper Ultimate Writing Guide + 100 Topics

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All economics classes are challenging due to the amount of required reading, complex theories, and a blend of statistical and mathematical tools used for metrics and forecasting. The course becomes even tougher once term papers are assigned because now you have to practice everything you’ve learned to find answers and solutions. 

But what do you do if putting words on paper isn’t your strong suit? Use our economics term paper writing guide! We’ve collected the most effective practical tips for pre-writing, writing, and post-writing routines. And we’ve included an impressive list of excellent term paper topics in case you need extra inspiration. As an alternative, consider ordering a term paper from our writing experts.

What Is an Economics Term Paper?

The definition of the economics term paper may vary depending on your school and class requirements. However, in most cases, it’s an extended writing assignment that takes a few weeks or months and tests your economics knowledge, as well as research, critical thinking, statistical analysis, and other pertinent skills. 

Economics papers usually deal with theoretical and practical economic and business cases and can take on five distinct forms:

  1. Literature reviews rely on your research skills to find, analyze, and synthesize information from credible sources to answer a research question or discuss possible solutions for an economic issue.
  2. Empirical economics term papers require you to develop and test a hypothesis based on theoretical knowledge and empirical data. You need to have a good grasp of econometrics and statistical analysis to complete this assignment type.
  3. Theoretical research papers call for an in-depth study of the problem’s background to build a mathematical model and find an optimal solution. Advanced statistics, mathematics, and programming skills may be necessary to complete this research.
  4. Issue papers usually deal with existing or changing policies. You are expected to analyze them using economics research methods and evaluate their impact on a specific organization, industry, or national economy.
  5. Case notes cover the legal side of economy and business, consider potential compliance risks, or discuss the legal repercussions for businesses, niches, or economies.

If your instructor does not specify the exact term paper type, take a closer look at the assignment prompt. Find action verbs and keywords to help identify the task. For example, if the prompt requires you to “compare existing minimum wage policies”, your paper will fall into the literature review category. But if your prompt reads “find a relationship between minimum wage and employee performance”, empirical research is the obvious option.

How to Write a Term Paper in Economics

Of course, term paper writing is not rocket science, but it can be challenging on your first try, especially with a subject as complex and daunting as economics. To help complete this task faster, we’ve divided it into four manageable chunks.

Before You Start Writing

Drafting notes and ideas is great, but to complete your economics research paper quickly and efficiently, you need some preliminary work:

  • Establish assignment requirements. Reread the assignment prompt and rubric carefully to make sure you have all necessary details, like word count, minimum number of sources, formatting style, preferred structure, etc. If instructions are unclear or incomplete, reach out to your professor or TA to get answers before you start writing.
  • Find your perfect topic. We’ll go into details about choosing the subject in a minute, but for now, skip the first two or three subjects that come to mind. Your classmates probably got the same idea, and you don’t want to compete with them when there are more exciting subjects to cover.
  • Screen the sources. Search scientific databases and be critical about authors, publication dates, and journals you pick. Go with the most recent developments in the field published in respected peer-reviewed journals by renowned industry experts. Blog posts, Wikipedia entries, Youtube videos, and opinion pieces in magazines on the reference list won’t help your term paper look credible.
  • Research the issue. Do not settle for a one-sided view of the problem. Instead, look for alternative, unpopular opinions to help you develop your unique take. At the same time, look for connections, contradictions, knowledge gaps, and suspicious methodologies. You’ll need these and more to highlight your paper’s relevance and develop a clear outline, which is the next step you’ll be taking.

Term Paper Outline Is a Must-have

The basic economics term paper outline includes three parts: introduction, body, and conclusion. But the body part can take many forms and formats, depending on the paper type.

For instance, if you’re working on a literature review, the body section may be structured chronologically or thematically. The former option works best when you discuss the evolution of the issue or compare different periods. On the other hand, thematic structure dedicates individual sections to different ideas or subjects supported by various sources.

If your economics term paper entails theoretical or empirical research, you must include methodology, results, and discussion sections. You can model the structure based on the best research articles you find on the topic, as they usually follow the same outline.

Aside from these major sections, your paper may also require a title page, an abstract, a table of contents, a list of tables and figures, acknowledgments, and appendices. You should consult your instructor if you’re unsure which of these sections are necessary for your assignment.

Outlining is a vital pre-writing stage, designed to order your ideas, streamline your research, and get early feedback. Unless you’re required to submit a formal outline for grading, you can format it however you like. The easiest way to outline is to use a numbered list with multiple tiers. But you can also use heading levels 1 to 5 to structure the paper before you fill in the gaps under each header.

The Basics of Economics Term Paper Writing

There is no right or wrong way to write economics term papers. As long as you get a submission-ready file in time for the deadline, the professor won’t care how you got there. Still, for smooth and effective writing, we suggest you adopt a few neat tricks our team of professional writers uses daily:

  1. Set aside 30 to 90 minutes for writing daily. Use a productivity-inducing playlist or specialized tracks to help you get into the right mindset for writing. Turning off notifications is another beaten but effective piece of advice.
  2. Start with the easy parts. The introduction and abstract are hard to tackle when the rest of the paper is blank. So instead, skip to the body section you feel excited about. It’s a good place to start writing and beat your writer’s block.
  3. Write as fast as you can. Do not agonize over phrasing and word choice when working on the first draft of the economics term paper. Your current goal is to get every idea on paper. You can take care of mistakes and typos while editing.
  4. Try writing when or where you usually wouldn’t. Creativity shines through whenever you get out of your comfort zone. So bring your laptop to a cafe for a writing sprint or get up before dawn to get your words in. You’ll be pleasantly surprised by the results.

Efficient Post-Writing Routine

Editing, proofreading, formatting - that’s the proper order for your post-writing routine, but only after you take a break for at least a couple of hours. You’ll need it to let your brain and eyes relax and freshen up before you turn into your worst critic.

First, reread the whole paper and ask yourself:

  • Do all your arguments make sense?
  • Is there enough evidence to support every point?
  • Are transitions between ideas logical and clear?
  • Is reference data well-balanced with your analysis?
  • Do all paragraphs bring something new to the table without rehashing the same ideas?

If you can’t answer with a resounding yes, you know what you need to amend and improve. Remember to check the word count after your edits to ensure your economics term paper meets the requirements.

Proofreading is tricky unless you have a professional editor on hand. If none is available, use Grammarly or ProWritingAid to catch errors, misspellings, and typos. Be careful when accepting automatic corrections, as some may not be appropriate for academic writing.

Finally, unearth your copy of the appropriate formatting handbook (APA, MLA, Chicago, etc.). Ensure your margins, indents, font size and style, headings, figures, and other parameters meet the requirements. And pay special attention to in-text citations and the reference list to prevent unintentional plagiarism.

How to Choose Among Economics Term Paper Topics

Find Your Perfect Term Paper Topic Fast

There is no big secret to finding solid research ideas. It’s always an intersection of what you know, what you like, and what your professor expects. If you’re short on time, you can go with economics term paper topics you’ve already researched and are familiar with. But if you’re after the top grade and an excellent addition to your portfolio, pick a more challenging idea to study.

There is no shortage of economic research ideas. Fire up your social media feed, browse the newsfeed, or skim the front pages of newspapers and magazines, and you’ll get a handful of hot issues. The trick is to align them with your class and check if there’s enough prior research to use in your term paper. 

It’s also a good idea to develop a couple of backup topic ideas and get the professor’s approval before you dive into research. If the instructor rejects your first choice, you’ll have other ideas for evaluation. It’ll save time for you and your professor, earning you extra points.

You’ll find a hundred good topics for economics term paper below, neatly divided into logical sections. To find a great idea fast, skim the section headings and pick the one that fits your class and assignment before browsing individual topics. You can use them verbatim or alter them as you see fit.

Macroeconomics Term Paper Topics

  1. The influence of electoral cycles on macroeconomic forecasting
  2. Analysis of profit-sharing macroeconomic paradigm to prevent local economic crises in Islamic states
  3. The specifics of macroeconomic policy design for fragile states
  4. The impact of macroeconomic expectations on firm fundamental premium
  5. Accounting for non-rational overreactions’ impact on macroeconomic expectations
  6. The relationship between the national pension system and macroeconomic stability
  7. Analyzing ethical considerations of macroeconomic policy and regulation
  8. The potential for using machine learning to eliminate belief distortions in macroeconomic forecasting
  9. Suggestions for an international code of conduct for macroeconomists
  10. Geographic heterogeneity in macroeconomic metrics during the pandemic 

Microeconomics Term Paper Ideas

  1. The microeconomic parameters of cryptocurrency projects and market
  2. Analyzing airline profit in short and medium time horizons
  3. Competition drivers of strategic behavior in microeconomics
  4. Direct and indirect price discrimination analysis
  5. The relationship between market delineation, network effects, and customer behavior
  6. The impact of export and import conditions on national competition
  7. Game theory principles applicable to microeconomics
  8. Microeconomic analysis of security risk management in the public sector
  9. Businesses’ critical factors for creating value from data sharing
  10. Microeconomic analysis of the mass communication process

Labor Economics Term Paper Topics

  1. The impact of minimum wages on national labor economics
  2. Implementing natural experiments to resolve labor economics issues
  3. Rising unemployment rates as a result of inefficient policies
  4. The positive effects of labor policy changes on labor productivity
  5. Comparative analysis of labor economics in the US and Islamic states
  6. The correlation between minimum wages and teenagers’ education plans 
  7. Gender-related discrepancies across labor market metrics
  8. The potential of clustering method application in labor economics
  9. The effect of mandatory work time reduction on employment rate
  10. The modern dynamics of labor decision-making within the household

Managerial Economics Term Paper Ideas

  1. The application of game theory in managerial decision-making
  2. The introduction of the global network to managerial economics teaching
  3. Managerial decision risk mitigation within an engineering organization
  4. Business behavior under oligopolistic and monopolistic market conditions
  5. Cost-effective managerial decision-making based on market analysis
  6. The impact of policy changes on small and medium business growth
  7. Fulfilling the US demand for high-quality, efficient family healthcare
  8. Finding the right balance between home capacity and import opportunities in uncertain demand conditions
  9. Analytical and empirical tools used for managerial decision-making
  10. Value-based management adoption possibilities and barriers

Read also:

Writing guide and topics list for your management term paper

Crime Economics Term Paper Topics

  1. Economic analysis of crime prevention goals, assumptions, effects, and limitations
  2. The cooperation barriers in investigating economic crime
  3. The need for an institutionalist approach to crime to address business infiltration by mafia
  4. The impact of economic activity metrics and police performance on the crime rate
  5. The risks of spyware application for corporate espionage
  6. Economic and legal measures to reduce the cruise crime rate
  7. Analyzing the effect of economic issues as the primary driver of non-violent crime
  8. The combined influence of social networks and economic incentives on crime
  9. The correlation between the population’s education level and the crime rate
  10. Investigation of economic rationality of national crime

Sports Economics Term Paper Topics

  1. Specifics of sports economics and management in the Asian market
  2. Analysis of Covid-19 pandemic economic impact on professional soccer
  3. Economic and business aspects of professional sports management
  4. Analyzing the labor market in the professional American football industry
  5. The effects of economic psychology on individual and team sports management
  6. Assessing the role of sports economics in litigation
  7. The correlation between an athlete’s pay and their performance
  8. Considering the cases of economic discrimination in professional sports
  9. The effects of player mobility on the professional sports economy
  10. Analyzing the mutual benefits of sports sponsorship for businesses and athletes

Term Paper Topics for Economics of Developing Countries

  1. The correlation between political favoritism and the size of Chinese cities
  2. The differences in healthcare economics between developed and developing countries
  3. Economic perspectives of renewable energy in developing countries
  4. Balancing international help and globalization within a developing country’s economy
  5. The correlation between a developing country’s size and beneficial economic transformation strategies
  6. The impact of direct foreign investment on the economic growth of a developing country
  7. The effect of government expenditure on industry success in developing countries
  8. The relationship between population size and economic growth rate in developing countries
  9. The impact of regional economic policymaking on developing economies
  10. Environmental monetary policy and regulation in developing countries

International Economics Term Paper Topics

  1. The global economic impact of non-tariff international trade barriers
  2. The evolution of the international resource movement over the last decade
  3. Comparative analysis of labor-saving and capital-saving technology development
  4. The effects of international trade tariffs on the global agricultural market
  5. Analyzing static welfare effects of the customs unions
  6. The global and local impacts of the economy of scale
  7. The efficiency of international economy welfare change metrics
  8. The role of semiconductors in the global strategic trade policy
  9. Analyzing the conflict resolution practices of the World Trade Organization
  10. The shift from economic miracles to sustainable growth
  11. Evaluating international economic interdependencies throughout the Covid-19 pandemic
  12. Exploring currency non-convertibility as an extreme form of control
  13. The effect of speculators’ attacks on national currencies
  14. The value of accountability and independence in economic alliances
  15. An overview of the recent attempts to return to the gold standard

Energy Economics Term Paper Ideas

  1. Grid-connected and off-grid wind energy applications
  2. The conflict between sustainability, efficiency, and social welfare in energy economics
  3. Short-run and long-run equilibrium of the energy market
  4. The benefits of assessing dynamic efficiency for the energy market
  5. Evaluation of oil production and consumption to predict future demand peaks 
  6. The government’s role in the development of next-generation energy technology
  7. Bridging the discrepancy between economic and energy efficiency
  8. The potential for electricity industry restructuring and deregulation
  9. The social cost of energy choices reflected in regulations
  10. The cybersecurity dimension of national energy security
  11. Balancing consumer utility maximization and producer cost minimization problems
  12. Energy demand analysis and forecasting based on econometric parameters
  13. Industrial energy demand analysis in metallurgy
  14. Economic and financial analysis of energy investment
  15. Resolving energy market monopoly problems

Still Having Trouble with Economics Term Papers?

Hopefully, you now have a better grasp of what writing economics term papers entails. But if you still feel lost and desperate to turn in the paper on time, our best term paper writing service is here to help.

If you’re stuck in the early pre-writing stages, get our experts to develop an exciting topic and conduct research for you. In case you’re already done with your writing, but want to ensure a top grade, let our editors work their magic with helpful style and word choice suggestions, as well as careful grammar and punctuation corrections. But if you are out of time and need urgent term paper help, let us match you with an economics expert who will take over the whole assignment. They’ll find the right topic for your class, research and outline, write and edit to deliver an A-worthy piece to your inbox right on time, regardless of the submission deadline.

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