economics essay writing tips

• PRO Courses Guides New Tech Help Pro Expert Videos About wikiHow Pro Upgrade Sign In
• EDIT Edit this Article
• EXPLORE Tech Help Pro About Us Random Article Quizzes Request a New Article Community Dashboard This Or That Game Happiness Hub Popular Categories Arts and Entertainment Artwork Books Movies Computers and Electronics Computers Phone Skills Technology Hacks Health Men's Health Mental Health Women's Health Relationships Dating Love Relationship Issues Hobbies and Crafts Crafts Drawing Games Education & Communication Communication Skills Personal Development Studying Personal Care and Style Fashion Hair Care Personal Hygiene Youth Personal Care School Stuff Dating All Categories Arts and Entertainment Finance and Business Home and Garden Relationship Quizzes Cars & Other Vehicles Food and Entertaining Personal Care and Style Sports and Fitness Computers and Electronics Health Pets and Animals Travel Education & Communication Hobbies and Crafts Philosophy and Religion Work World Family Life Holidays and Traditions Relationships Youth
• Browse Articles
• Learn Something New
• Quizzes Hot
• Happiness Hub
• This Or That Game
• Train Your Brain
• Explore More
• Support wikiHow
• About wikiHow
• Log in / Sign up
• Education and Communications
• College University and Postgraduate
• Academic Writing

How to Write a Good Economics Essay

Last Updated: July 16, 2024 References

This article was co-authored by Emily Listmann, MA . Emily Listmann is a Private Tutor and Life Coach in Santa Cruz, California. In 2018, she founded Mindful & Well, a natural healing and wellness coaching service. She has worked as a Social Studies Teacher, Curriculum Coordinator, and an SAT Prep Teacher. She received her MA in Education from the Stanford Graduate School of Education in 2014. Emily also received her Wellness Coach Certificate from Cornell University and completed the Mindfulness Training by Mindful Schools. This article has been viewed 128,802 times.

A good economics essay requires a clear argument that is well-supported by appropriately referenced evidence. Research your topic thoroughly and then carefully plan out your essay. A good structure is essential, as is sticking closely to the main essay question. Be sure to proofread your essay and try to write in formal and precise prose.

Preparing to Write Your Essay

• For example a question such as “Discuss the macroeconomic consequences of rising house prices, alongside falling interest rates” could be divided into 2 parts: 1 part could be on the effects of rising prices, and 1 on the effects of falling interest rates.
• In this example you could begin by discussing each separately and then bringing the 2 together and analysing how they influence each other.
• Be sure to keep the question at the forefront of your mind and don’t veer off topic. [1] X Research source

• Be sure that you understand all the key terms that you are being asked about.
• Try to keep your reading focussed closely to the essay question.
• Don’t forget to look at any lecture or class notes you have made.
• 3 Come up with a thesis statement . A thesis statement is the main argument you will make in your essay. It should be 1-2 sentences long and respond to the essential question that’s being asked. The thesis will help you structure the body of your essay, and each point you make should relate back to the thesis.

• Once you have put together a list of key points, then try to add in some more detail that brings in elements from your research.
• When you come to write out your essay, you can develop a paragraph based on each point.

• All of the evidence and explanation will be in the main body of the essay.
• Order the key points in the body of your essay in such a way that they flow logically.
• If you are writing a longer essay, you can break the main body into different sections. [2] X Research source
• If you have a word limit, be sure to take this into account when you are planning.
• Allocate yourself a rough number of words per section.
• The introduction and conclusion can be just a paragraph each.

Writing the Essay

• What your essay is about.
• What material you will cover in the essay.
• What your argument is. [3] X Research source

• Having this stated clearly at the start can help you to stay focussed on the question as you work your way through the essay.
• Try writing out this one or two sentence statement and sticking it up in front of you as you write, so it’s stays at the forefront of your mind.

• Try to begin each paragraph with a sentence that outlines what the paragraph will cover.
• Look at the opening sentence of each paragraph and ask yourself if it is addressing the essay question. [5] X Research source

• Try to engage with arguments that run counter to yours, and use the evidence you have found to show the flaws.
• It might help to imagine someone reading the essay, and anticipating the objections that he might raise.
• Showing that you have thought about potential problems, and you can make an argument that overcomes them, is a hallmark of an excellent essay. [6] X Research source
• If there is conflicting evidence, discuss it openly and try to show where the weight of the evidence lies.
• Don’t just ignore the evidence that runs counter to your argument.

• In the conclusion you can add a few sentences that show how your essay could be developed and taken further.
• Here you can assert why the question is important and make some tentative suggestions for further analysis.

Proofreading and Making Revisions

• As you read through it, think about how closely you stick to main overarching question.
• If you notice paragraphs that drift off into other areas, you need to be tough and cut them out.
• You have a limited number of words so it’s essential to make every one count by keeping tightly focussed on the main question.

• Think about how you use the evidence too. Do you critically engage with it, or do you merely quote it to support your point?
• A good analytical essay such discuss evidence critically at all times.
• Even if the evidence supports your argument, you need to show that you have thought about the value of this particular piece of data.
• Try to avoid making any assumptions, or writing as if something were beyond dispute.

• Remember an academic essay should be written in a formal style, so avoid colloquialisms.
• Avoid contractions, such as “don’t”, or “won’t”.
• Try to avoid paragraphs that are more than ten or fifteen lines long.
• Think about how it looks on the page. [8] X Research source

• Always include a bibliography, but don’t include references to things you haven’t read or didn’t inform your argument. [9] X Research source
• Your teacher will know if you just add a load of titles into your bibliography that are not evidenced in the body of your essay.
• Always follow the bibliography format used by your department or class.

Community Q&A

You Might Also Like

• ↑ http://www.economicshelp.org/help/tips-economic-essays/
• ↑ http://www.writing.utoronto.ca/advice/planning-and-organizing/organizing
• ↑ http://carleton.ca/economics/courses/writing-preliminaries/academic-essay-writing/
• ↑ https://www.economicsnetwork.ac.uk/archive/lse_writing/page_11.htm
• ↑ https://www.royalholloway.ac.uk/economics/documents/pdf/essaywriting-departmentofeconomics.pdf

About This Article

Before you begin writing your economics essay, make sure to carefully read the prompt so that you have a clear sense of the paper's purpose and scope. Once you have read the prompt, conduct research using your textbook and relevant articles. If you cannot find research materials, ask your instructor for recommendations. After your research is done, construct a 1-2 sentence thesis statement and begin outlining your main ideas so that your essay will have a clear structure. Make sure to leave time to write a draft and revise your work before it is due. If you want to learn more, like how to cite the sources you used for your essay, keep reading the article! Did this summary help you? Yes No

• Send fan mail to authors

Reader Success Stories

Twyla Kirkpatrick

Dec 8, 2020

Did this article help you?

Arshad Bhatti

Sep 10, 2017

Fungai Samantha Zuva

Jan 30, 2019

James Smith

Oct 2, 2016

Mallesh Itti

Jul 10, 2022

Featured Articles

Trending Articles

Watch Articles

• Terms of Use
• Privacy Policy
• Do Not Sell or Share My Info
• Not Selling Info

Don’t miss out! Sign up for

wikiHow’s newsletter

How to Write an Economics Paper: A Step-by-Step Guide

Economics is often called “the dismal science,” and most students would agree that it never lives up to that moniker more than when they are writing an economics paper for a college, university, or MBA course. Economics essays can be challenging because they combine scientific accuracy and mathematical reasoning with the interpretive and theoretical approaches of the humanities, making them one of the most difficult types of essays to write. However, economics papers don’t have to create anxiety if you know the right way to approach an economics paper.

In this article, we’ll take a look at the right way to write an economics paper by examining the process from start to finish and offering some tips about the best way to approach each of the steps in writing an economics essay.

So, where should you begin to write an economics paper?

Read the Assignment

This might seem like a no-brainer, but the first step in writing any essay is to read the assignment and make sure that you understand exactly what the question is asking. Be sure that you are clear on each of the requirements of the assignment, and that means that you need to carefully review the question and find each of the pieces that require a response in the essay. Beyond this, you should consider whether any of the requirements are unclear. If there is anything you don’t understand, be sure to seek clarification before you start writing.

Develop a Research Question

Based on the assignment, try to develop one or two guiding questions that will help to direct your research when you start to create the assignment. What do you want to know more about? What would you need to know to address the assignment? Having sharp research questions will help to direct your research and point you in the right direction as you gather resources.

Gather Research Before You Write

Many students take the approach that the fastest way to write a paper is to start writing and grab research to support their points as they move through. However, this is an inefficient way to write. The most effective way to write an essay is to gather your research before you begin the writing process. By researching the question and evaluating resources early on, you will be in a better position to create a strong thesis statement and develop a powerful paper that will help you to address the assignment completely. One effective technique is to read each research source, pull out key quotes you might use in your paper, and produce a reference list entry for each source before you start writing. That way, you can pull from your bank of research without having to stop and research new material as you write.

Develop a Thesis Statement

Based on the research that you’ve done, you should develop a thesis statement explaining your unique perspective on the assignment and what you will demonstrate or prove during the course of the paper. A strong thesis statement is specific and sharp rather than vague and general. Your thesis should be original and not merely repeating something someone else has already done in a prior economics paper.

Outline Your Economics Paper

Many students skip this step because they think that it is a waste of time that they could be spending writing, but outlining can actually be a time-saver in the long run. Using your thesis statement, you should develop an outline that develops each part of the thesis into a paragraph or section of your outline. Each section of your outline should have supporting details, including resources, quotes, and evidence, that you will use to assemble your paper. The more detail that you put together in your outline, the easier it will be to write the final paper.

Write the Paper, Saving the Intro for Last

Your outline should make it easy to develop your paper. All you need to do at this point is to take the outline that you wrote, flesh it out by turning its points into complete sentences, drop in quotations and supporting information (with citations), and connect the dots with transitions. When you write the final paper, you should save the introduction for last. That way, you will be able to use the conclusion that you come to at the end of the paper to craft an introduction that will set up the paper. If you try doing the introduction first, you might feel tempted to tailor your conclusion to keep the introduction intact. This way, if your conclusion changes as you write, you won’t lose time or text.

Get Economics Essay Help If Needed

Writing economics papers can be hard, but these tips should make it easier. However, if you find yourself in need of additional help, it can be helpful to pay someone for writing help. When you hire an expert from an online service like WriteMyPaperHub.com , you can receive the kind of benefits that you can’t get anywhere else, including customized and personalized research and writing assistance from an expert writer with an advanced degree and years of experience producing papers for students just like you. Whether you need writing help because you are pressed for time or don’t know where to start, professional help can be the solution to help you solve your hardest essay challenges and to help you make the grade on your next economics paper.

CURRENT DEVELOPMENTS IN THE UK – THE ECONOMIC IMPACT OF THE COVID-19 PANDEMIC

EU Monetary Policy

How to Write a Good Economics Essay

Governor November 28, 2019 Real World Applications 3 Comments

Many students ask “How to write an economics essay?” This Guide to Writing a Good Economics Essay is applicable to both IB economics as well as the Singapore JC A-Level H2 economics examinations. Many of the pointers here are also applicable to large-mark case study questions.

6 Steps to Writing a Good Economics Essay

Step 1: dissect the question.

Make sure you analyse and fully understand the KEYWORDS and REQUIREMENTS of the question. This is a very important skill that is taught in our economics tuition classes .

For example, “Best”, “Most Effective” are closely related but mean different things.

Paraphrase the question to make it simpler if necessary.

Take note of the command word (eg: Explain, Discuss) as it determines the approach needed for the essay, for example, whether two sides are needed or one side is sufficient. Below are some common examples found in economics essay questions:

Command Words                                      Action Required

Account for                                                 Explain why

Analyse                                                        Break it down into step-by-step explanations

Assess                                                          For & Against. Consider other factors.

Compare                                                      Identify Similarities & Differences

Distinguish                                                   Point out differences

Discuss                                                        Explore both sides

Evaluate                                                       The Good and The Bad.

Explain                                                          Show why and how

Explain whether                                            Cover both possibilities

Examine                                                        Look closely. How so and how not so?

To What Extent                                              Yes…..But….Judgment

Remember to look out for the context in the question. This is usually given in the form of a country (eg: Singapore). The examples in your essay must be tailored to this particular context (for example, do not suggest interest rate policy for Singapore as that is considered infeasible in the Singapore context). If no context is given, any real-world example can be used.

Keep in mind the question throughout the essay and remember to always answer the question. Don’t go off-point!

Common Examiner’s Comment :  Not Answering Question (NAQ))

Step 2: Plan Your Answer

Take some time to consider what economic framework you will use to approach the question. Scribble down your main thesis and anti-thesis points. Ensure they ANSWER THE QUESTION.

Step 3: Essay Introduction

In the introduction, include definitions of keywords in the question and spell out the economic framework you will employ for your answer as well as key definitions.

Step 4: Body of Essay

In the body , there will be several paragraphs. 

The number of points/paragraphs depends on the question. It is common to require 2 main points for each 10 mark essay and similarly for 15 mark essay questions. Under each main point, there may be 1-2 sub-points.

Use one paragraph for each sub-point you are making.

However, do not be too focussed on the number of points or paragraphs. The key is to answer the question.

For each body paragraph , use TET’s PEEL(ED) structure. Include only one main idea per paragraph.

• Point – Write your point in the first sentence so that markers will know what the paragraph will be about. The topic sentence must directly answer the question!
• Explanation – Explain what you mean
• Elaboration – Provide further analysis with clear step-by-step economic reasoning. This part may be done with examples as well as diagrams.
• Link – Link your explanations back to the Point and to answer the question.
• Exemplification – Give an example to support your reasoning. It can be statistics or real-world examples (for Case Studies, evidences from the Case must be uncovered!)
• Diagram – Where possible, araw an appropriate diagram with correct labelling and refer to it in your answer. This is crucial to show economic reasoning. Diagrams are very important for economics essays!

These are of course much easier said than done! Thus, students in our economics tuition classes are regularly honed to achieve such output including with tips and tricks to spark off the correct thinking process.

Our resources including the Study Guides for A Level and IB economics also provide a very powerful and handy reference on the depth of analysis required to score the highest marks.

Common Examiner’s Comment :  Mere statements and claims. No economic rigour.

Step 5: In-Body Evaluation

This applies especially to the 15 mark essays for A-Level Economics. A total of 5 marks is catered for Evaluation. Students should attempt to achieve about 2-3 in-body evaluation marks by pointing out how the thesis and anti-thesis points may not be true due to certain assumptions made that may not hold. Students may write “However,….may not necessarily happen……It would depend on whether….”. This statement can be written after the associated sub-point has been made.

Step 6: CONCLUDING SECTION

This only applies to the 15 mark essay questions.

Earn more evaluation marks by making a reasoned judgement. Deliver your verdict like a Judge! 

Check back on the question before you embark on this. Ensure your judgement answers the question.

So the question now is, how does a judge arrive at and deliver a verdict? Certainly, you should not be summarising or merely paraphrasing your main points in the conclusion. Obviously, you cannot expect more marks by saying the same thing over and over again!

After a verdict and reasons have been provided, consider providing further relevant insights and/or recommendations.

Common Examiner’s Comment :  Repetitive. Mere Summary.

Here are some quite common types of Concluding Sections 

• Consider the relative importance of thesis and anti-thesis factors. Which factors are most important or pertinent in the given context? For example, certain policies better fit specifc types of economies.
• Consider short-term vs long-term pros and cons. Do the short-term benefits outweigh the long-term costs? Is the policy more effective in the long-term, and if so, how pressing is the problem that needs to be addressed?
• Suggest a multi-policy approach, in which each policy has strengths and weaknesses that allow them to complement each other.

There is no way to really memorise evaluation points as every question and context is different. After all, you are being tested on higher-order thinking!

There are other evaluation tips that our students will receive but the key point here is that the training of the mind to think and apply economics is essential. That is where our weekly economics lessons come into play and that is why our students are often asked questions in class and trained to think on their feet. As ex-student Xue Min from YIJC testified, Chief Tutor Mr. Kelvin Hong does not just spoon-feeds our students but mentors them in their thinking to arrive at the answers. This was different from other tutors that her classmates experienced and eventually this was the key to Xue Min’s A grade.

In your essay, write in simple and clear sentences. Everything you write should be value-adding. You do not have to spend time showing off vocabulary as no extra points are awarded for language. Focus on economic reasoning. Use succinct and effective examples which support the point you are trying to make as well as accurate diagrammatic analyses.

For samples of great economics essays, please check out our free Economics Model Essays and sample Past JC A-Level Economics Questions and Answers .

For our econs publications that are sold worldwide, please check out our A Level & IB Economics Study Guides and Model Essays Publications

About The Economics Tutor

Founded by Kelvin Hong in 1998, The Economics Tutor is one of the leading economics tuition in Singapore . We provide a comprehensive program to guide students in understanding complex economic concepts and applying them through case study analyses, essay writing and discussion of real world events.

For 24 years, the way we teach JC Economics Tuition (A Level Economics Tuition) and  IB Economics Tuition  classes helped learners appreciate economics and everything it entails on a much larger scale. We take things step-by-step, implement effective techniques in memorising frameworks and give every student the chance to nurture their ideas. 

We don’t just solely focus on helping you get stellar grades and perfect scores. We make sure that we also hone the critical thinking skills and investment / business decisions you can use outside the four walls of your classroom.

Looking for a fun, engaging and probably the best economics tutor in Singapore? Look no further—check out our extensive and high quality economics resources on the website such as our IB and A Level Economics Publications

Book your lesson today and master the nuances of economics in our next class!

its good knowledgeable post regarding ib economics commentaries. i just wanted to admin can i use your blog as reference to my students .

Go ahead. We are all for helping students learn economics well.

Thank you, A lot of info!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

See You In Our Next Econs Lesson!

5.0 stars out of 130  G o o g l e reviews

#1 Economics Tuition Singapore – Kelvin Hong - The Economics Tutor

• +65 9336 7511
• [email protected]
• JC Econs Guide
• IB Econs Guide
• Testimonials
• A Level & IB Economics Study Guides and Model Essays
• Blog Resources
• Economics Videos
• Economics Notes, Infographics & Mindmaps
• Real-World Examples
• Economics Definitions
• Past A Level Economics Questions & Answers

Registration

• Register / Schedule a Class

Copyright © 2024 The Economics Tutor

The Young Economist’s Short Guide to Writing Economic Research

Attributes of writing economics.

• The discourse is often mathematical, with lots of formulas, lemmas, and proofs.
• Writing styles vary widely. Some authors are very dry and technical while a few are quite eloquent.

Economics writing is different from many other types of writing. It is essentially technical, and the primary goal is to achieve clarity. A clear presentation will allow the strength of your underlying analysis and the quality of your research to shine through.

Unlike prose writing in other disciplines, economics research takes time. Successful papers are not cranked out the night before a due date.

General Guidelines for Quality Research

Getting started.

The hardest part of any writing assignment is starting. Economics research usually begins with a strong understanding of literature, and papers require a section that summarizes and applies previous literature to what the paper at hand. This is the best way to start.

Your writing will demonstrate that you understand the findings that relate to the topic.

Economists use the first few paragraphs to set up research questions and the model and data they use to think about it. Sure, it can be dry, but this format ensures the write and reader have strong grasp on the subject and structure of the work that follows.

Clear and Concise Work

Clarity is hard to achieve, but revising and reworking a paper ensures it is easy to read

• Organize your ideas into an argument with the help of an outline.
• Define the important terms you will use
• State your hypothesis and proceed deductively to reach your conclusions
• Avoid excess verbiage
• Edit yourself, remove what is not needed, and keep revising until you get down to a simple, efficient way of communicating
• Use the active voice
• Put statements in positive form
• Omit needless words (concise writing is clear writing)
• In summaries, generally stick to one tense

Time Management

Poor time management can wreck the best-planned papers. Deadlines are key to successful research papers.

• Start the project by finding your topic
• Begin your research
• Start and outline
• Write a draft
• Revise and polish

The Language of Economic Analysis

Economic theory has become very mathematical. Most PhD students are mathematicians, not simply economics majors. This means most quality economic research requires a strong use of mathematical language. Economic analysis is characterized by the use of models, simplified representations of how economic phenomena work. A model’s predictions about the future or the past are essentially empirical hypotheses. Since economics is not easily tested in controlled experiments, research requires data from the real world (census reports, balance sheets), and statistical methods (regressions and econometrics) to test the predictive power of models and hypotheses based on those models.

The Writing Process

Finding a topic.

There are a million ways to find a topic. It may be that you are writing for a specific subfield of economics, so topics are limited and thus easier to pick. However, must research starts organically, from passive reading or striking news articles. Make sure to find something that interests you. Be sure to find a niche and make a contribution to the subfield.

You will also need a project that can be done within the parameters of the assignment (length, due date, access to research materials). A profoundly interesting topic may not be manageable given the time and other constraints you face. The key is to just be practical.

Be sure to start your research as soon as possible. Your topic will evolve along the way, and the question you begin with may become less interesting as new information draws you in other directions. It is perfectly fine to shape your topic based on available data, but don’t get caught up in endlessly revising topics.

Finding and Using Sources

There are two types of economic sources: empirical data (information that is or can be easily translated into numerical form), and academic literature (books and articles that help you organize your ideas).

Economic data is compiled into a number of useful secondary sources:

• Economic Report of the President
• Statistical Abstract of the United States
• National Longitudinal Survey
• Census data
• Academic journals

The Outline

A good outline acts as an agenda for the things you want to accomplish:

• Introduction: Pose an interesting question or problem
• Literature Review: Survey the literature on your topic
• Methods/Data: Formulate your hypothesis and describe your data
• Results: Present your results with the help of graphs and charts
• Discussion: Critique your method and/or discuss any policy implications
• Conclusions: Summarize what you have done; pose questions for further research

Writing a Literature Review

The literature review demonstrates your familiarity with scholarly work on your topic and lays the foundations for your paper. The particular issues you intent to raise, the terms you will employ, and the approach you will take should be defined with reference to previous scholarly works.

Presenting a Hypothesis

Formulate a question, problem or conjecture, and describe the approach you will take to answer, solve, or test it. In presenting your hypothesis, you need to discuss the data set you are using and the type of regression you will run. You should say where you found the data, and use a table, graph, or simple statistics to summarize them. In term papers, it may not be possible to reach conclusive results. Don’t be afraid to state this clearly and accurately. It is okay to have an inconclusive paper, but it is not okay to make overly broad and unsupported statements.

Presenting Results

There are essentially two decisions to make: (1) How many empirical results should be presented, and (2) How should these results be described in the text?

• Focus only on what is important and be as clear as possible. Both smart and dumb readers will appreciate you pointing things out directly and clearly.
• Less is usually more: Reporting a small group of relevant results is better than covering every possible statistical analysis that could be made on the data.
• Clearly and precisely describe your tables, graphs, and figures in the text of your results section. The first and last sentence in a paragraph describing a result should be “big picture” statements, describing how the results in the table, graph or figure fit into the overall theme of the paper.

Discussing Results

The key to discussing results is to stay clear of making value judgments, and rely instead on economic facts and analyses. It is not the job of an economist to draw policy conclusions, even if the research supports strong evidence in a particular direction.

Referencing Sources

As with any research paper, source referencing depends on the will of a professor a discourse community. However, economists generally use soft references in the literature review section and then cite sources in conventional formats at the end of papers.

This guide was made possible by the excellent work of Robert Neugeboren and Mireille Jacobson of Harvard University and Paul Dudenhefer of Duke University.

Mailing Address

Pomona College 333 N. College Way Claremont , CA 91711

Get in touch

Give back to pomona.

Part of   The Claremont Colleges

Up: Home : Study Guidance > Effective Writing and Referencing > Writing the Economics Essay

• Writing the Economics Essay

An academic rhetoric (or organisation) is important to convince a reader that you understand the topic well – poor organisation can signal muddled thinking.

Thesis – Justification – Support

This is the rhetoric used by Bray et al.

Thesis – the main concept or idea that you are proposing

Justification – the reasons why your thesis is valid

Support – evidence that backs up your justification

Essay structure – your introduction, main body, and conclusion

Box: An example

The Thesis – Justification – Support rhetoric can be applied to an individual paragraph of an essay, or on an entire essay. For example, take the essay question:

‘The accumulation of capital is sufficient for ensuring sustainable growth in per capita living standards’. Discuss.

One possible answer would be:

Thesis: if we define capital as physical capital, the accumulation of capital will lead to diminishing returns

Justification: Demonstration of the Solow model : capital accumulation can result in higher levels of income but after a certain level not higher levels of consumption per capita (due to diminishing marginal returns).

Support: examples, such as India’s heavy investment drive in the 1950s, 1960s which was associated with low levels of ‘Hindu growth’; or econometric evidence, such as that from Mankiw, Romer and Weil (1992), which supports some of the conclusions of the Solow model (but also suggests improvements, see below).

The next section of the essay would play with the assumptions of the Solow model – for example by expanding our definition of capital to include human capital (and, if you’re really trying to impress, social capital and ‘natural’ capital as well).

You might also want to discuss if technological progress (the source of per capita income growth in the Solow model) is related to capital accumulation, for example through ‘ learning by doing ‘ (Arrow, 1962)

Previous: Effective Writing and Referencing

Next: What makes good justification?

Share this page: Email , Facebook , LinkedIn , Twitter

• Note Taking in Economics
• Effective Economics Reading
• Data Collection for Economics Assignments
• What makes good justification?
• What makes good support?
• Structuring an Essay
• Referencing
• Presentation and Group Work
• Revision for an Economics Exam
• Maths Help for Economics Students

Published by The Economics Network at the University of Bristol . All rights reserved. Feedback: [email protected] Supported by the Royal Economic Society and the Scottish Economic Society

A State-Ranker’s Guide to Writing 20/20 Economics Essays

So, you want to know how to improve your preliminary and HSC economics essay...

Cory Aitchison

State Ranks (Economics and Chemistry) & 99.95 ATAR

1. Introduction to this Guide

So, you want to know how to improve your preliminary and HSC economics essay writing? Look no further! In this guide, I’ll be covering key tips to help YOU smash the structure, amaze with your analysis, conquer the contemporary, and ultimately master the mystery of maximising your marks.

My name is Cory Aitchison, currently one of the Economics tutors at Project Academy . I completed the HSC in 2018, achieving a 99.95 ATAR as well as two state ranks — 6th in economics and 12th in chemistry. Graduating from Knox Grammar School, I also topped my grade in economics and was awarded Dux of the School for STEM. Believe it or not, at the beginning of Year 11 I initially struggled with economics due to the transition in conceptual thinking required in approaching economic assessments in comparison to my other subjects such as English. However, through Year 11 and Year 12, I built up key tips and strategies — that I’ll be sharing with you in this guide — to help me not only consistently achieve top marks in my internal assessments, but to ultimately go on to achieve the results I did in the HSC.

2. The Correct Way to Write

First off, you need to understand something: HSC economics essays are NOT english essays! They aren’t scientific discussions, nor geography reports, nor historical recounts. They’re unique and often quite different from other essays that you might’ve done previously in high school. The style of writing and approach to answering questions can be confusing at first, but follow these tips and you’ll be ready in no time:

Phrasing should be understandable and concise

Unlike some subjects where sophisticated phrasing is beneficial to getting marks, HSC economics essays should emphasise getting your point across with clarity. This means don’t run your sentences on for too long, be aware of any superfluous words, and make sure you actually understand yourself what you’re trying to say in a sentence.

For example:

GOOD: “An increase in interest rates should lead to decreased economic growth.”

NOT GOOD: “As a result of a rise or increase in interest rate levels from their previous values, the general state of economic activity in the domestic economy may begin to decrease and subsequently indicate the resultant situation of a decrease in economic growth.”

“Understandable” does not mean slang or lacking in terminology

Just because you want to get a point across, doesn’t mean you should resort to slang. In fact, using economic terminology is a strong way to boost your standing in the eyes of the marker — if you use it correctly! Always make sure you use full sentences, proper English grammar, and try and incorporate correct economic terms where possible.

GOOD: “This was a detrimental outcome for the economy.”

NOT GOOD: “This was a pretty bad outcome for the economy.”

GOOD: “The Australian Dollar depreciated.”

NOT GOOD: “The Australian Dollar decreased in value.”

Analysis should be done using low modality

Modality just refers to the confidence of your language — saying something “will” happen is strong modality, whereas saying something “might” happen is considered low modality. Since a large portion of economics is about applying theory, we have to make sure that we are aware that we are doing just that — talking about the theoretical, and so we can’t say for sure that anything will happen as predicted.

Some useful words include:

May, Might, Should, Could, Can theoretically

Don’t use words like:

Must, Will, Has to, Always

3. How to use Statistics

“What’s most important is that this contemporary is used to bring meaning or context to your argument…”

Using contemporary (statistics) can often seem straightforward at first, but using it effectively is usually harder than it looks. Contemporary generally refers to applying real-world facts to your analysis to help strengthen (or weaken) the theoretical arguments. This can include many different statistics or pieces of information, including:

• Historic economic indicators, such as GDP, inflation, GINI coefficients, exchange rates, or unemployment rates
• Trends or economic goals, such as long-term GDP growth rates, or the stability band for inflation
• Names of economic policies, such as examples of fiscal or microeconomic policies
• Specifics of economic policies, such as the amount spent on infrastructure in 2017

Whatever statistics you deem relevant to include in your essay, what’s most important is that this contemporary is used to bring meaning or context to your argument — just throwing around random numbers to show off your memorisation skills won’t impress the marker, and in fact might appear as if you were making them up on the spot. Rather, your use of contemporary should actively improve your analysis.

GOOD: “Following a period of growth consistently below the long-term trend-line of 3%, the depreciation of the AUD to 0.71USD in 2017 preceded an increase in economic growth to a 10-year high of 3.4% in 2018.”

NOT GOOD: “Economic growth increased by 1 percentage point in 2017 to 2018”

NOT GOOD: “GDP was $1.32403 trillion in 2017”

GOOD: “The 2017 Budget’s Infrastructure Plan injected $42 billion into the economy — up 30% from 2016’s $31 billion, and 20% higher than the inflation-adjusted long-term expenditure.”

NOT GOOD: “The 2017 Budget’s Infrastructure Plan injected $42 billion into the economy”

That in mind, don’t think that these statistics have to be overly specific. As long as the general ideas gets across, it’s fine. You don’t need to say “$1,505,120” — just “$1.5 million” will suffice.

Ask yourself: if I get rid of the contemporary from my paragraphs, does the essay still have enough content?

Further, don’t get roped into the “contemporary trap” — where you fall into the mindset that “if I memorise all these statistics, my essay will get good marks”. Including numbers and contemporary at the expense of having a robust theoretical explanation and analysis will definitely be detrimental in getting you top marks. Particularly in trial exams and the HSC when you’ve got all these numbers floating in your head, it can be tempting to try and include as many as you can (often just because you can!). To avoid this, always try and focus your arguments on analysis and syllabus content first, contemporary second. Ask yourself: if I get rid of the contemporary from my paragraph, does the essay still have enough content?

4. Must Have Insightful “However”s

If you really want to extend your analysis and show the marker that you know your stuff, including insightful “however”s is a strong way to do it. What I mean by this is that for each of your paragraphs, try and include a counterpoint that highlights the flexible nature of economic theory. There are broadly two kinds of “however”s:

Theoretical “However”s

These are counterpoints that are based on theory — often there will be theoretical limitations for many of the concepts you come across in economics. It’s always important to include these limitations as it reinforces your knowledge of the actual content of economics.

“Although the Budget and fiscal policy can be effective at stimulating economic growth, it is also restricted by the “implementation time lag” limitation since it is only introduced annually.”

Contemporary “However”s

These are counterpoints that are based on contemporary — highlighting how although something should happen theoretically, this isn’t usually what is observed in reality. This can be particularly powerful in that it combines your knowledge of theory with your analysis of contemporary.

“Despite the expansionary stance that the RBA adopted in 2012–2016 for monetary policy, Australia’s annual GDP growth rate has remained below the trend rate of 3% — against the theoretical expectations. This could be attributed to factors such as …”

5. How to Interpret the Question

When you first look at a question, before you even put pen to paper, you need to come up with a plan of attack — how can you ensure that you answer the question correctly, and give the markers what they want? There are three main points to look for when interpreting essay questions:

Knowing your verbs

As you may (or may not) know, NESA has a bank of words that they like to pull from when writing questions, and these words impact how they want their question answered. These verbs should help steer your analysis onto the right path. For example:

Explain: “Relate causes and effects”

To answer these questions, you have to demonstrate a thorough understanding of how theory and events impact each other and the economy. This verb particularly emphasises the idea of a process — you need to be able to make clear links as to how each step leads to the next, rather than just jumping to the outcomes.

Analyse: “Draw out and relate implications”

These questions usually wants you to investigate the connections between different aspects of economic theory. Generally this involves showing a holistic understanding of how different areas (such as micro- and macroeconomic policies) come together to make a cohesive impact on the economy. It usually helps to think back to the syllabus and how the points are introduced when figuring out which ideas to link together.

Assess/Evaluate: “Make a judgement based on value/a criteria”

These require you to not only critically analyse a topic but also come to a conclusion given the arguments you provided. This type of question usually gets you to make a judgement of the effectiveness of some economic theory — such as the ability for economic policies to achieve their goals. Make sure you actually include this judgement in your answer — for example, say things like “strong impact”, “highly influential”, “extremely detrimental”.

Discuss: “Provide points for and/or against”

Similar to assess, discuss wants you to provide arguments towards and against a particular topic. Although it doesn’t require a specific judgement to be made, it does place greater emphasis on showing a well-rounded approach to the argument — providing relatively equal weightings towards both the positive and negative sides of the discussion.

Linking to the syllabus

When trying to understand what the question wants from you, I found the best way to approach it is to consider what points in the syllabus it is referring to (To do this, you need to have a solid understanding of the syllabus in the first place). Once you’ve located it, try drawing upon other topics in the vicinity of that dot point to help you answer the question.

For example, if the question mentions “trends in Australia’s trade and financial flows”, then you know from the syllabus that you probably need to talk about value, composition and direction in order to get high marks. Further, it may also be worth it to bring in ideas from the Balance of Payments, as this is the next dot point along in the syllabus.

Digging into the source

For essay questions that provide a source for you to include in your answer, this is another goldmine from which you can discern what the marker really wants. If the source mentions microeconomic policy, it probably wasn’t on accident! Even if it may not be obvious how to link that to the question immediately, try and draw upon your knowledge and implications and see if there’s a different angle that you might be missing.

6. Putting it All together — Structuring your essay

My essays usually consisted of four main parts: an introduction, a background paragraph, body paragraphs, and a conclusion.

Introduction

Your introduction should not be long. I rarely wrote an introduction longer than three sentences.

First sentence: Answer the question (thesis)

Try and answer the question, while including the main key words of the question in your answer. Don’t directly restate it — instead, try and add meaning to it in a way that represents what you’re trying to get across in your essay.

For example: if the question was “Assess the impact of microeconomic policy in improving economic growth in Australia”, my first sentence might be “Microeconomic policy has had a significant impact in increasing aggregate supply and thus long-term economic growth in Australia since the 1960s”.

Next sentences: Introduce your arguments/paragraphs

In this part, it’s fine to almost list your paragraphs — there’s no need to do a whole sentence explaining each. That’s what the paragraphs themselves are for.

For example: using the same question as above, my next sentence might be “Although trade liberalisation may have been detrimental for short-term growth in manufacturing, policies such as competition policy and wage decentralisation have been highly effective in fostering economic growth in Australia”.

Background Paragraph

The aim of a background paragraph is threefold: to get across the main theory that underpins your argument; to establish the economic context for your argument; and to show the marker that you “know your stuff”.

For example, if the essay was on monetary policy, you may want to describe the process of Domestic Market Operations (how the reserve bank changes the cash rate) in your background paragraph, so that you don’t need to mention it each time you bring up changing stances. Further, it may be good to showcase the current economic climate — such as GDP growth rate and inflation — to give context to your analysis in your essay.

Some ideas for what to include in this paragraph include:

• Key theory such as DMOs or the rationale for macroeconomic policies
• Economic indicators that provide context to the time period that you’re working in, such as growth rates, inflation, unemployment rates, exchange rates, cash rates, etc.
• A brief description of the recent Budget (if talking about fiscal policy), including the stance and outcome

Bear in mind that this paragraph shouldn’t be too long — it isn’t the focus of your essay! Instead, aim for around 100–150 words at most. At this point in your essay, it may also be good to include a graph (more on this later).

Body Paragraphs

There’s no set rule for how many body paragraphs to include in your essay — I generally aim for at least 4, but there’s no real limit to how many you can (or should) write! Unlike english essays, it’s totally acceptable to just split a paragraph in two if you feel like the idea is too large to be written in one paragraph (as long as each paragraph makes sense on its own).

When writing a paragraph, I usually follow this structure:

Topic sentence

This is where you answer the question, and outline your argument or idea for this paragraph. If you are doing a discuss/assess/evaluate essay, try and make your judgement or side obvious. For example: “Trade liberalisation has been detrimental in its impact on economic growth in manufacturing industries”.

These sentences are where you bring together the theory and contemporary to build up your argument. Remember, the theory should be the focus, and contemporary a bonus. Try and weave a “story” into your analysis if you can — you should be showing the marker how everything fits together, how causes lead to effects, and ultimately bringing together relevant economic concepts to answer the question. Feel free to also include graphs here when they help strengthen your argument.

Fit in your “however” statements here. For discuss questions, this however section may take up a larger part of the paragraph if you choose to showcase two opposing arguments together.

Link your argument back to your overarching thesis, and answer the question. Following on from your “however” statement, it can often be a good idea to use linking words such as “nevertheless”, “notwithstanding”, or “despite this” to show that taking into account your arguments presented in the “however” statement, the overarching idea for the paragraph still remains.

Like the introduction, your conclusion should not be overly long. Rather, it should briefly restate the arguments made throughout your essay, and bring them all together again to reinforce how these points help answer the question.

Aggregate Demand / Supply Graph

Graphs are a great way to add extra spice to your essay — not only does it help strengthen your explanations of economic theory, it also makes it look like you wrote more pages than you actually did! Graphs, such as aggregate demand graphs, business cycle graphs, and Phillips curves, can be great in reinforcing your ideas when you mention them in your essay. They usually come either in background paragraphs or body paragraphs, and it’s usually best to draw them about a quarter to a third of the page in size. It’s also good practice to label them as “Figure 1” or “Graph 1”, and refer to them as such in your actual paragraph.

Although they can be beneficial, don’t try and force them either. Not all essays have appropriate graphs, and trying to include as many as you can without regards for their relevance may come across negatively in the eyes of the marker.

8. How to Answer Source Questions

If your essay question involves a source, try and refer to it multiple times throughout your essay. For example, this can be in the background paragraph and two of your body paragraphs. Rather than just adding in an “…as seen in the source” to one of your sentences, try and actively analyse it — show the marker that you understand why they included it, and how it actually helps strengthen your arguments.

9. Plan You Essay

Don’t be afraid to use the first page of your answer booklet as a planning page. Taking a couple minutes before you answer the question to lay out your scaffold for body paragraphs is a great first step to helping ensure that you actually end up answering the question to the best of your abilities. It also serves as a great reminder to keep checking as you finish each paragraph to ensure that you actually wrote what you intended. Just make sure to make it clear to the marker that those scribbles on the page are just a plan, and not your actual essay!

10. How to Prepare for Essays in the Exam

I find it much better to prepare paragraphs and ideas that you can draw upon to help “build up” a response during the exam itself.

Don’t go into the exam with a pre-prepared essay that you are ready to regurgitate — not only are there too many possibilities to prepare for, but it’s also unlikely that you’ll actually answer the question well with a pre-prepared response.

Instead of memorising sets of essays before the exam, I find it much better to prepare paragraphs and ideas that you can draw upon to help “build up” a response during the exam itself. What I mean by this, is that in your mind you have a “bank of different paragraphs” and ideas from all the topics in the syllabus, and when you read the exam, you start drawing from different paragraphs here and there to best formulate a response that answers the question. This allows you to be flexible in answering almost any question they can throw at you.

On top of this, ensure you have a solid foundation in both the theory and contemporary — knowing what statistics or topics to include in your essay is useless knowledge unless you have the actual content to back it up.

Now that you know the basics of how to write a good HSC economics essay, it’s time to start practising! Have a go, try out different styles, and find what works best for you. Good luck!

If you would like to learn from state ranking HSC Economics tutors at Project Academy, we offer a 3 week trial for our courses. Click to learn more !

Complete Guide to HSC Biology Module 6 - Genetic Change

We got you! This is the only guide you'll need for Module 6 of HSC Biology.

99.40 ATAR & State Ranker

4U Maths Past Paper Strategies

People only tell you "do more past papers", but they rarely tell you HOW to...

99.85 ATAR & North Sydney Boys Alumni

3 Tips to Achieve an E4 in 4U Maths

Wondering how you could ace 4U? This one's for you.

Project's Team of 4U Teachers and Tutors

Achieving a 99.85 ATAR and 1st in English Adv. at Baulkham Hills

Hello! Nice to meet you, I'm Maxwell Han, and I'm an English and Economics...

Maxwell Han

99.85 ATAR, Distinguished Achiever, All-Rounder

Maximise Your Chances Of Coming First At School

Trial any Project Academy course for 3 weeks.

NSW's Top 1% Tutors

Unlimited Tutorials

NSW's Most Effective Courses

Access to Project's iPad

Access to Exclusive Resources

Access to Project's Study Space

Economics Essay Topics: 162 Practical Ideas & Useful Tips

Essay writing is an inherent part of the economics studying process. Nevertheless, it is quite a challenging task. Are you a high school or college student who is struggling with an economic essay topic choice? Or maybe you are unsure about your writing skills?

We know how to help you .

The following article will guide you in choosing the best topic for your essay on economics. Here, you can find a variety of ideas for high school or college. The economic essay topics are divided into several categories that will help you with your research. And a pleasant bonus from our team! We have created a great guide on how to write an economics essay.

So, don’t miss your chance to write an outstanding economic paper! Check out our essay ideas, read our tips carefully, and be ready to receive your grade A!

• ⭐ Best Economic Topics
• 🤝 Socio-Economic
• 🗺️ International Economics
• 🛠️ Labor Economics
• 🌆 Urban Economics
• ⚽ Sports Economics
• 💉 Health Economics
• 💼 Business Economics
• 🏤 Globalization
• 🧮 Economic History
• 💫 How to Write?

⭐ 15 Best Economic Essay Topics

• 2008 Economic Crisis.
• Socio-economic policy.
• Economic systems – Singapore.
• Racial pay gap.
• Economic globalization.
• History of online trading.
• Child labor policies.
• The Economic Naturalist.
• Foundations of economic theory.
• Impact of unemployment.
• Universal Basic Income.
• The role of consumerism.
• Healthcare economics – Canada’s Medicare.
• Reasons for recession.
• Cryptocurrency & environmental issues.

✨ Excellent Economic Essay Topics

Has economics always been a subject of meticulous research? The question is quite controversial, right? There is no specific time when economics started its rapid progress. Generally, economics remains the topic of interest since the establishment of capitalism in the Western world.

Nowadays, the economy is the main engine that moves our world forward. The way we do business determines the geopolitical situation in the world. Moreover, it influences many other parts of our lives.

Economics studying is of utmost importance nowadays. It helps to gain a better understanding of processes that put everything in motion.

Economics is quite broad, so it has a great variety of subfields. And this is a fantastic opportunity for us to generate as many essay ideas as possible. Here, you will find great economic topics for your paper. As mentioned before, we have divided them into several sections to ease your selection process. There’s a wide selection of free college essays samples on economics in our database, too. So be sure to check that out.

🤝 Socio-Economic Essay Topics

• The economic impact of racial segregation in America in the 1950s.
• Designing a just socio-economic system.
• Socio-economic status of Hong Kong in modern-day China. Explain how the city of Hong Kong gained a special status in China. Why did it emerge as one of the most important cities in its economy? Comment on the significance of Hong Kong in the international economic arena.
• Economic growth in the United States in the post-World War 2 period.
• Mobile banking in Saudi Arabia: towards understanding the factors that affect the sector.
• The importance of Dior’s bar suit to the women’s fashion industry.
• Economic problems in the 1980’s Soviet Union. Talk about the significant problems with the economy the USSR had in the 1980s. What role did they play in its collapse?
• What socio-economic problems did segregation in South Africa cause?
• History of economic development in the UAE. Discuss the economic miracle in the UAE and Dubai. Explain how the government could turn the city of Dubai into one of the most famous tourist destinations. What strategies were applied?
• Gender inequality and socio-economic development .
• The problem of poverty in Venezuela.
• How the socio-economic and political position of women changed between 1880 and 1940.
• The economic impact of COVID-19 on global trade.

• How do the three main economic groups interact with each other? There are three critical economic groups: – Consumers – Producers – Government Analyze the interaction of these groups with each other.
• Extended essay: how the study of economic data helped our society to advance?
• Western industrialization socio-economic impacts.
• Inequality at the top: not all billionaires have the same powers. Analyze billionaires’ net worth, liquidity, political power, and wealth security. Explain why they have unequal social status. What factors determine the influence of billionaires?
• An analysis of systems that help us measure agricultural development in a country.
• Is social media a useful tool for brand promotion?
• The phenomenon of dualism in economic development.

🗺️ International Economics Essay Topics

• Globalization and its impact on international economic relations. Define the term globalization. What role does globalization play in international economic relations? Provide specific examples of globalization’s impact on the global political economy.
• The lack of justice for the cheap international labor market. Discuss the issue of cheap labor in various countries. Why do some workers often lack fundamental human rights while others abuse moral norms? Analyze the causes and effects of inequality in the workplace.
• Japan macroeconomics: problems and possible solutions.
• The issue of mercantilism in the history of Great Britain. Analyze the rise and development of mercantilism in the history of Great Britain. To solidify your ideas, provide persuasive arguments, and appropriate examples of mercantilism.
• Why does the problem of environmental protection remain unresolved among global economies?
• Nissan Motor company’s international business.
• International environmental concerns in economics: the case of China .
• The issue of international criminal justice in industry. Explain why international businesses often avoid criminal justice after wrongdoings. Select one case of unethical behavior of a company’s CEO or regular employee. Briefly introduce the problem. What were the causes and effects? How was the issue resolved? Express your own opinion regarding the lack of criminal justice in business.
• The economy of Singapore and its role in international trade.
• International microeconomics trade dispute case study: US-China dispute on the exportation of raw materials.
• The phenomenon of the “gig economy” and its impact on the global economy.
• The effect of population growth in the international economy.
• International economics in the context of globalization.

• How does Brexit affect the economy of the European Union? Analyze the immediate impact of Brexit on the EU’s economy. Predict future advantages and disadvantages of Brexit for both: Great Britain and the EU.
• South Africa: international agribusiness, trade, and financing.
• Historical essay: the economy of the Dutch East India company.
• The issue of Mozambique’s economy and possible solutions. Investigate the issue of extreme poverty in Mozambique. What are some possible solutions to the problem of poverty? Base your suggestions on the country’s cultural, historical, and geographical aspects.
• Imbalances in the global economy. Discuss the imbalances between trading countries on the scale of the global economy. What solutions would you suggest to deal with this issue?
• How will global economies adapt to China’s growing power?
• Etihad Airways company managerial economics.

🛠️ Labor Economics Essay Topics

• Ford Motor company’s labor economics.
• Labor economics: child labor.
• The UPS firm perspective: the labor market.
• Gender inequality of wage rate in modern business. Research how and why gender inequality is still an issue in the modern world of economics. What are some ways to deal with the problem? Present your ideas accurately and effectively. Provide solid arguments and appropriate examples to prove your position.
• What are the best ways to increase labor productivity in business?
• Labor unions adverse effects on economics.
• The decrease of the labor force in modern industries. Talk about the rising rates of robotization in the majority of industries. How will it affect the traditional labor force? Comment on the problem of unemployment caused by labor automatization.
• Violations of labor rights of workers.
• Modern labor essay: how can an entrepreneur guarantee the minimum wage to their workers?
• How can labor geography help develop a special economic zone? Talk about labor geography and its effects on developing an exclusive economic zone. How does the geopolitical location of a particular country influence its level of economic development?
• Entrepreneurship in the organic cosmetics sphere.
• Gender-oriented labor trade unions. A case study. Discuss the gender-oriented trade unions and analyze their impact on our society.
• Child labor in the Turkish cotton industry.

• The connection between economic growth and demography. Analyze the connection between economic growth and its demographic context. Investigate both sides: – The issue of overpopulation – The problem of low birth rate. From an economic perspective, what problem is more dangerous?
• The issue of sex discrimination in the workplace.
• The effects of Landrum-Griffin Labor Act. Explore the labor Act of Landrum-Griffin that was passed in the US Congress in 1959. Discuss its implications and consequences. Discuss its implications and consequences.

🌆 Urban Economics Essay Topics

• Cities and their role in aggregate economics.
• Urbanization in Hong Kong and its effects on citizens.
• The urban planning of the city of New York: a critical analysis. Analyze the urban history of NY. How has the city been developing? Discuss revolutionary solutions to the past and problems of modern times.
• The impact of a city’s design on the local traffic.
• Dubai’s spatial planning: creative solutions for building a city in the desert.
• Globalization, urban political economy, and economic restructuring.
• How do urban areas affect local wildlife? Comment on how modern production technologies in urban areas impact the natural diversity of wildlife. What impact does the rapid economic progress have on the environment? Suggest possible solutions.
• Urban sociology: does the city make us better people?
• Why should people be more careful about investing in real estate? Discuss the issues of overinvestment into real estate. Consider the economic crisis of 2008 as an example.
• How can regional authorities help improve a city?
• Urban life and its effects on education.
• The economic development of a city’s metropolitan area: challenges and solutions.
• Main factors for the emergence of cities in the Middle Ages.
• The ethics of relocation: is it justified? Talk about the case of relocating locals when building projects of great magnitude. To what extent can it be justified? Mention its economic and ethical side.
• The difficulties behind the construction of “green” buildings. Discuss the relatively new phenomenon of environmentally friendly buildings. Analyze both sides: the pros and cons. What obstacles lie behind the “green” building? What opportunities do the “green” buildings offer? Elaborate on your ideas by providing clear arguments or counterarguments.
• What factors play a critical role in the success of retail productivity in cities?

⚽ Sports Economics Essay Topics

• Do teams with higher budgets perform better on the field?
• Corruption in European football leagues: a critical analysis. Investigate the corruption issue in the European football leagues. State reasons and solutions for the problem.
• The managerial catastrophe of Arsenal F.C.

• The NextG sports company’s communication planning.
• Roger D. Blair’s Sports Economics literary review. Write a literary analysis of Sports Economics by Roger D. Blair. Discuss his opinion on the economy of sports. Do you agree or disagree with his position? Provide compelling supportive arguments or strong counterarguments.
• How significant is the impact factor of a local team on a city’s economy?
• Kinsmen Sports Centre: marketing metrics innovation.
• What role does statistical data play in sports? Analyze the part of economic statistical data in different sports organizations. How can statistics help to develop an effective financing plan? Comment on the impact of financing on the performance of a sports club.
• Sports and energy drinks marketing analysis.
• Is there a connection between the lack of money and any contemporary issues in a sports team?
• Performance-enhancing drugs in sports.
• The business of FIFA: a financial analysis. Investigate the finances of FIFA. What economic factors make them so influential in the modern world of football?
• The global sports retail industry.
• The Olympics: logistics and economy. Discuss the logistics behind the Olympics Games event. How the Olympic Games impact the economy of the host country?

💉 Health Economics Essay Topics

• Is bioprinting the new future of medicine? Analyze the new market of organ printing and discuss its challenges. Investigate bioprinting from an economic perspective. Will the outputs cover the inputs? How will bioprinting impact the financial aspect of the health care sector?
• Cost-effectiveness of pharmaceutical products in the United States. Comment on the immense cost-effectiveness of pharmaceuticals. What do you think is the price of pharmaceutical products reasonable? Is it ethical to set extremely high prices on the medicals?
• An economic evaluation of the antibiotics market.
• Health economics-SIC and NAICS.
• The financial side of cancer treatment: is it too expensive? Analyze the market for cancer treatment programs in various countries. Explore its costs and complications. What are some possible ways to reduce the price of cancer treatment and make it more affordable?
• The issue of fast food consumption: a multibillion-dollar market . Fast food has always been one of the notable causes of obesity, diabetes, and other illnesses. Investigate the economic aspect of the issue. Are high profits from fast food production worth peoples’ health conditions?
• History and evolution of healthcare economics.

• The financial management of a hospital: a case study.
• The issue of public healthcare in the USA. Write about the long-standing issue of medical sector operation in the USA. Analyze its history, financial, and social aspects.
• Demand in healthcare economics.
• What are the economic outcomes of a global pandemic? Taking the COVID-19 outbreak as an example, conduct research on the effects of a pandemic on the economy. How does it affect local economies? What impact does the quarantine have on the international economy? Provide appropriate examples to support your ideas.

💼 Business Economics Essay Topics

• When does an advertising campaign become unnecessary?
• Sustainable development of a nation’s economic stability. Discuss how a country can create a sustainable economy. Provide bright examples to solidify your position.
• How can a small business compete with monopolies?
• What are the limitations of the Lewis Model?
• The phenomenon of inflation: inevitable liability or a land of opportunity for our economies? Explore the process of inflation in modern economies. Does it only have adverse effects on the countries’ economies? Are there any advantages of inflation? Analyze it from a positive perspective.
• Economics, business, and sugar in the UK.
• The shadow economy of the finance sector. Dive into the backstage of the finance sector and research various “grey” areas where business can be done.
• Chinese and Japanese business systems comparison.
• Oil demand and its changes in the XXI century: a critical analysis. Analyze the oil sector and write about its fluctuation in the XXI century. How did the changes in oil demand affect the global economy?
• The social and economic impact of mass emigration.

🌠 40 More Good Economic Essay Topics

Scrolled through our ideas, but can’t find a suitable topic for yourself? No worries! We have more issues to share with you.

So, don’t stress out. Take a look at our list of economical essay topics. Here are 40 more ideas focusing on globalization and the history of economics.

🏤 Economic Globalization Essay Topics

• The impact of globalization on the tourist industry in the Caribbean . Analyze both: the positive and negative effects of globalization on the Caribbean. To make your paper well-structured, explore two advantages and two disadvantages. Don’t forget to improve your essay with strong evidence and appropriate examples!
• Toyota Motor Corporation: impacts of globalization.
• What are the effects of globalization on developing countries? To what extent do developing countries profit from globalization? Research the subject by comparing various examples.
• Defining globalization and its effects on current trade.
• Economic growth as a result of globalization: proper financial strategies. How can a country successfully achieve prosperity with globalization? Discuss proper economic strategies.
• The socio-political significance of the IT industry’s globalization.
• Human trafficking in developing nations as a result of globalization.

• Globalization and criminal justice policy.
• What are the advantages and disadvantages of globalization?
• Globalization challenges and countermeasures.
• The effect of globalization on worldwide trade and employment rates.
• Economic integration within the European Union: a critical analysis. Talk about the history of economic integration within the EU. What are the negative and positive outcomes of economic integration?
• Globalization and food in Japan.
• Does globalization bring negative effects to cultural heritage and identity?
• The Industrial Revolution as the first step towards globalization. Focus on the Industrial Revolution in Europe. Discuss its precursors and consequences. Why is the revolution considered to be a starting point of globalization? Provide specific examples of globalization processes that occurred in the economic sector after the Industrial revolution.
• Globalization 2.0 an analysis of a book by David Rieff.
• Globalization effects on fundamentalism growth.
• Does direct investment by foreign businesses come with strings attached? Dive into the shady area of globalization and discuss how to direct foreign investment can bring problems of geopolitical scale.
• Effects of globalization on sexuality.
• Alibaba’s globalization strategy: an economic analysis.

🧮 Economic History Essay Topics

• The rapid economic growth of Europe during the Age of Discovery. Analyze the factors that brought economic growth to Europe during the Age of Discovery. What factors contributed to the dynamic economic progress of that time?
• Brazil’s economic history.
• History of capitalism: from the Renaissance to the United States of America. Discuss the origins of capitalism and its centuries-long path towards XXth century America. How the establishment of capitalism impacted the economy of the USA?
• Max Weber: economic history, the theory of bureaucracy, and politics as a vocation.
• 2008 Economic Crisis: origins and fallout. Talk about the 2008 Financial Crisis. Discuss its causes and outcomes. What should have been done differently to avoid the global crisis? Comment on the economic strategies countries used to recover from it.
• The economic marvel of Communist China: from rags to riches.
• What made world economic growth of the Renaissance possible?

• The economic history of Canada: how did the settlers facilitate economic growth?
• What did the major powers of the XIXth century base their economies on?
• The Rothschilds: political and financial role in the Industrial Revolution. Research the dynasty of Rothschilds and how they came to power. What was their role in Europe’s Industrial Revolution?
• The link between the “oil curse” and the economic history of Latin America.
• Roman Empire’s monetary policy: a socio-economic analysis.
• How did the demand for different goods change their value in the 2000s years? Analyze the demand for goods in the 2000s years and their change in value. Why do these fluctuations in demand for products and services occur?
• The history of economic thought.
• Soviet Union’s economic timeline: from the new Economic Policy to Reformation. Discuss the economic issues of the Soviet Union from the historical perspective. Why did the Soviet Union collapse? What improvements in the financial sector should have been done?
• History of France economics over the past 20 years.
• The history of economic analysis.
• The concept of serfdom and slavery as the main economic engine of the past. Dive into the idea of feudalism and serfdom. Discuss its social and economic aspects.
• The World Bank’s structure, history, activities.
• The history of Islamic banking: concepts and ideas.

💫 How to Write an Economics Essay?

Generally, essay writing on economics has the same structure as any other essay. However, there are some distinctive features of economic papers. Thus, it is essential to figure them out from the very beginning of your work.

You might be wondering what those aspects of the economic paper are. Well, we have an answer.

Below, you will find a detailed plan that explains the fundamental concepts of the essay writing process. So, don’t hesitate to use our tips! They are indeed helpful.

Pick a topic and dissect it. Picking the right topic is the very basis of writing a successful essay. Think of something that you will be interested in and make sure you understand the issue clearly. Also, don’t forget to check our ultimate economics essay topics and samples list!

Research it. After selecting the right idea from our economical essay topics, research your subject thoroughly. Try to find every fascinating and intriguing detail about it. Remember that you can always ask your fellow students, friends, or a teacher for help.

Come up with a thesis statement. A thesis statement is an essential element of your essay. It will determine your focus and guide the readers throughout your paper. Make your thesis secure and try to catch the reader’s attention using context and word choice.

Outline your essay. Never underestimate the power of a well-structured outline! Creating an essay outline can significantly help you to determine your general plan. Evaluate which economic framework you will be using to address the issue. State the main points of your thesis and antithesis. Make sure that they answer the central question of your work.

Write your introduction. First and foremost, a practical introduction should capture the readers’ attention and state the essay’s key topic. So, put enough effort to develop an outstanding introduction. It will create the first impression of your paper.

Moreover, an introduction should include a thesis statement. As we have mentioned above, a thesis plays a crucial role. Thus, make sure it is clearly stated.

Another significant feature of the introduction is its coherence with the body of your essay. Consequently, the introductory paragraph’s last statement has to present the subject of the next section, generically. Also, keep in mind that no more than three key points can be discussed in a paper, even if it is an extended essay.

Thoroughly work on the body paragraphs. Usually, the body of the essay contains several paragraphs. The number of these paragraphs will depend on the nature of your question. Be sure to create one section for every critical point that you make. This will make your paper properly-structured, and the reader will quickly get your ideas. For your convenience, we created a plan to develop your ideas in each paragraph, So, use it and make your writing process easier!

• Argument. Present your argument in the topic sentence of the paragraph in a way that directly answers the question. A hint: the most effective way to introduce the critical point is to place the topic sentence at the beginning of the paragraph. This will help the readers to concentrate their attention on a specific idea.
• Comment and discussion. Explain the meaning of your argument and provide an economic analysis. Present clear evidence and persuasive arguments to solidify your position.
• Connection. Link your comments with the vital point of the paragraph. Demonstrate the coherence of your evidence with the point.
• Diagrams, tables, charts. If necessary, provide the reader with visual aids. Sometimes, an appropriate diagram or a suitable chart can say more than words. Besides, your paper will look more professional if you use any kind of visual aids.

Conclude your essay. In your conclusion, summarize and synthesize your work by restating your thesis. Also, it is crucial to strengthen it by mentioning the practical value of your findings. Remember to make your essay readable by choosing appropriate wording and avoiding too complex grammar constructions.

Thank you for visiting our page! Did you enjoy our article and learned something new? We are glad to help you. Don’t forget to leave a comment and share the article with others!

🔗 References

• High School Economics Topics: Econlib, The Library of Economics and Liberty
• Guide to Writing an Economics Essay: The Economics Tutor
• How to Write the Introduction of Your Development Economics Paper: David Evans, Center For Global Development
• Senior Essay: Department of Economics, Yale University
• Developing A Thesis: Maxine Rodburg and The Tutors of the Writing Center at Harvard University
• Academic Essay Writing, Some Guidelines: Department of Economics, Carleton University
• The Writing Process: Writing Centre Resource Guide, LibGuides at Dalhousie University
• Research Papers: KU Writing Center, the University of Kansas
• Unpacking the Topic: University of Southern Queensland
• Economic Issues: PIIE, Peterson Institute for International Economics
• Areas of Research: EPI, Economic Policy Institute
• Top 100 Economics Blogs Of 2023: Prateek Agarwal, Intelligent Economist
• Current Environmental Economic Topics, Environmental Economics: US EPA, United States Environmental Protection Agency
• Hot Topics in the U.S. Economy: The Balance
• Share via Facebook
• Share via X
• Share via LinkedIn
• Share via email

By clicking "Post Comment" you agree to IvyPanda’s Privacy Policy and Terms and Conditions . Your posts, along with your name, can be seen by all users.

Tips and advice for evaluation in essays

Evaluation is an important component of an advanced essay. It requires the ability to look at facts, arguments and analysis, with a degree of critical distance. Evaluation involves:

• Looking at what other factors may affect the outcome.
• Time lags involved.
• How it might depend on other issues, e.g. elasticity of demand
• Why the original statement may be incorrect.
• How significant is a factor?

Which questions need evaluation?

Questions which require evaluation usually have these words a the start:

• To what extent

Examples of Evaluation

1. How reliable is the data?

For any essay, you will be using a variety of sources. For example, an essay on trades unions may include information from the TUC. It is good to give data from a source like TUC. However, a valid evaluation technique is to question the reliability and independence of your source.

For example, it is quite likely that the TUC will choose statistics that are more advantageous to workers. Business organisations, e.g. CBI on the other hand, are likely to give alternative sets of data which is more favourable to their point of view.

Therefore, examine the likelihood of bias in data and resources for the essay.

2. Short run and long run?

The effects of a decision can be quite different in the long run. For example, suppose you had an essay, which examined the impact of an increase in tax on petrol. The obvious answer is to say: “very little, demand for petrol is inelastic”

However, it would be evaluative to say; “However, over time demand may become more elastic. After a couple of years people may find alternative ways of driving.

3. It depends on other factors

When looking at the effect of one outcome, it is worth bearing in mind it is often difficult to isolate other factors. For example, if we were looking at the impact of a rise in interest rates. The effect would usually reduce consumer spending. However, there are many other factors that can affect consumer spending. If confidence was high, for example, consumer spending may not fall at all – despite the increase in interest rates.

4. Look at both points of view

In subjects like economics, history and politics there are usually several different viewpoints. It is important to give them all consideration, even if we don’t necessarily agree with them. For example, if we look at the impact of a rise in government spending, a Keynesian might say this will increase growth; a Monetarist, on the other hand, may argue higher spending merely causes crowding out. Therefore, there are two different possibilities.

5. State of economy

The impact of a devaluation in the currency depends on the state of the economy. If the economy is experiencing inflation and is in a boom, a devaluation could worsen the inflation. However, in a recession, a devaluation can help boost exports and there is likely to be limited impact on inflation.

The effect of a fall in AD depends on state of economy

6. How significant is a factor?

A recession in France would lead to lower UK exports to France. France is an important trading partner, however on its own French exports are only a relatively small % of UK AD.   If the rest of the Eurozone was growing, and it was just France in recession, it is unlikely to have much impact on the UK economy. However, if the whole global economy was in recession, this would be much more significant and likely cause a recession in the UK too.

7. Different perspectives

As we mentioned in, UK economic growth in the past four years. How you interpret data is important.

If you showed a graph of UK economy growth since 2013 Q1 – it would give quite a favourable impression of economy.

Including figures from 2011 Q1 gives less favourable.

If we look at this graph, it shows the UK economy still has a large negative output gap.

The important thing is that statistics may only tell part of the story. Just because an economy like Spain grew in the last quarter – doesn’t necessarily mean their economy is doing very well.

More on macroeconomic evaluation – discuss the impact of a cut in interest rates

Example question

Discuss impact of the MPC cutting interest rates from 5% to 4.5%?

Lower interest rates make it cheaper to borrow and therefore encourage consumer spending. Cheaper borrowing also encourages firms to invest. With an increase in C + I, we see a rise in Aggregate Demand and therefore we can expect higher economic growth and higher inflation.

Examples of Evaluation of this question

• In theory, lower interest rates will increase spending. However, commercial banks may not pass the base rate cut onto consumers. This happened during the credit crisis because there was a shortage of cash. Therefore, banks were reluctant to lend – they needed to improve their balance sheets.  Therefore, even though the MPC  cut base rates in 2008-09, consumers may not notice lower interest rates  and therefore, there was little if any increase in consumer spending. This explains why the interest rate cut of 2009, failed to cause a strong economic recovery.
• Lower interest rates may not increase economic growth because other aspects of the economy are doing badly. For example, falling house prices are causing a decline in consumer wealth and confidence. Therefore, despite lower interest rates, falls in house prices are offsetting the potential boost to spending from lower rates. Also, in 2009-11, we experienced a global recession. The recession in the Eurozone caused lower exports and therefore the cut in rates could be insufficient given the fact other aspects of AD are being reduced.
• The cut is only very small. 0.25% is probably insufficient to have much effect especially given problems already mentioned. However, you could argue the UK is sensitive to interest rates because of the number of variable mortgages. Even a 0.25% cut in rates can increase disposable income for people with large mortgages. (this is what you might call double evaluation, evaluation of the evaluation)
• The cut will take time. A cut in interest rates will not boost spending immediately. For example, It will not affect people on a fixed-rate mortgage for about 2 years. Therefore, after a cut in interest rate, we may not see the boost to spending for up to 18 months; this makes monetary policy much more difficult.

Further resources for Economic Essays

• Exam tips for economics
• Model economics essays

Related posts

• Microeconomic evaluation
• Tips for writing economic essays

Economics Essay Examples

Ace Your Essay With Our Economics Essay Examples

Published on: Jun 6, 2023

Last updated on: Jan 31, 2024

Share this article

Are you struggling to understand economics essays and how to write your own?

It can be challenging to grasp the complexities of economic concepts without practical examples.

But don’t worry! 

We’ve got the solution you've been looking for. Explore quality examples that bridge the gap between theory and real-world applications. In addition, get insightful tips for writing economics essays.

So, if you're a student aiming for academic success, this blog is your go-to resource for mastering economics essays.

Let’s dive in and get started!

On This Page On This Page -->

What is an Economics Essay?

An economics essay is a written piece that explores economic theories, concepts, and their real-world applications. It involves analyzing economic issues, presenting arguments, and providing evidence to support ideas. 

The goal of an economics essay is to demonstrate an understanding of economic principles and the ability to critically evaluate economic topics.

Why Write an Economics Essay?

Writing an economics essay serves multiple purposes:

• Demonstrate Understanding: Showcasing your comprehension of economic concepts and their practical applications.
• Develop Critical Thinking: Cultivating analytical skills to evaluate economic issues from different perspectives.
• Apply Theory to Real-World Contexts: Bridging the gap between economic theory and real-life scenarios.
• Enhance Research and Analysis Skills: Improving abilities to gather and interpret economic data.
• Prepare for Academic and Professional Pursuits: Building a foundation for success in future economics-related endeavors.

Paper Due? Why Suffer? That's our Job!

If you’re wondering, ‘how do I write an economics essay?’, consulting an example essay might be a good option for you. Here are some economics essay examples:

Short Essay About Economics

A Level Economics Essay Examples

Here is an essay on economics a level structure:

Band 6 Economics Essay Examples

Here are some downloadable economics essays:

Economics essay pdf

Economics essay introduction

Economics Extended Essay Examples

In an economics extended essay, students have the opportunity to delve into a specific economic topic of interest. They are required to conduct an in-depth analysis of this topic and compile a lengthy essay. 

Here are some potential economics extended essay question examples:

• How does foreign direct investment impact economic growth in developing countries?
• What are the factors influencing consumer behavior and their effects on market demand for sustainable products?
• To what extent does government intervention in the form of minimum wage policies affect employment levels and income inequality?
• What are the economic consequences of implementing a carbon tax to combat climate change?
• How does globalization influence income distribution and the wage gap in developed economies?

IB Economics Extended Essay Examples 

IB Economics Extended Essay Examples

Economics Extended Essay Topic Examples

Extended Essay Research Question Examples Economics

Tips for Writing an Economics Essay

Writing an economics essay requires specific expertise and skills. So, it's important to have some tips up your sleeve to make sure your essay is of high quality:

• Start with a Clear Thesis Statement: It defines your essay's focus and argument. This statement should be concise, to the point, and present the crux of your essay.
• Conduct Research and Gather Data: Collect facts and figures from reliable sources such as academic journals, government reports, and reputable news outlets. Use this data to support your arguments and analysis and compile a literature review.
• Use Economic Theories and Models: These help you to support your arguments and provide a framework for your analysis. Make sure to clearly explain these theories and models so that the reader can follow your reasoning.
• Analyze the Micro and Macro Aspects: Consider all angles of the topic. This means examining how the issue affects individuals, businesses, and the economy as a whole.
• Use Real-World Examples: Practical examples and case studies help to illustrate your points. This can make your arguments more relatable and understandable.
• Consider the Policy Implications: Take into account the impacts of your analysis. What are the potential solutions to the problem you're examining? How might different policies affect the outcomes you're discussing?
• Use Graphs and Charts: These help to illustrate your data and analysis. These visual aids can help make your arguments more compelling and easier to understand.
• Proofread and Edit: Make sure to proofread your essay carefully for grammar and spelling errors. In economics, precision and accuracy are essential, so errors can undermine the credibility of your analysis.

These tips can help make your essay writing journey a breeze. Tailor them to your topic to make sure you end with a well-researched and accurate economics essay.

To wrap it up , writing an economics essay requires a combination of solid research, analytical thinking, and effective communication. 

You can craft a compelling piece of work by taking our examples as a guide and following the tips.

However, if you are still questioning "how do I write an economics essay?", it's time to get professional help from the best essay writing service -  CollegeEssay.org.

Our economics essay writing service is always ready to help students like you. Our experienced economics essay writers are dedicated to delivering high-quality, custom-written essays that are 100% plagiarism free.

Also try out our AI essay writer and get your quality economics essay now!

Barbara P (Literature)

Barbara is a highly educated and qualified author with a Ph.D. in public health from an Ivy League university. She has spent a significant amount of time working in the medical field, conducting a thorough study on a variety of health issues. Her work has been published in several major publications.

Paper Due? Why Suffer? That’s our Job!

Legal & Policies

• Privacy Policy
• Cookies Policy
• Terms of Use
• Refunds & Cancellations
• Our Writers
• Success Stories
• Our Guarantees
• Affiliate Program
• Referral Program
• AI Essay Writer

Disclaimer: All client orders are completed by our team of highly qualified human writers. The essays and papers provided by us are not to be used for submission but rather as learning models only.

How To Write A Good Economics Essay

In the Singapore-Cambridge GCE ‘A’ Level Economics (H2), the essay paper accounts for 60 per cent of the total marks. Therefore, good essay writing skills are essential for obtaining a good grade in the examination. Although there is no one best way to tackle an essay question, students can use “ The 8-Step Approach ” to construct a good answer.

The 8-Step Approach

Step 1:     Read the question carefully.

Step 2:     For a two-part question, look at the mark that each part carries as it indicates the length of the answer expected. Further, consider part (b) before attempting part (a) to prevent any overlap between the answers.

Step 3:     Pay particular attention to key words as they indicate the content areas on which you are required to focus.

Step 4:     Pay particular attention to command words as they indicate what you are asked to do. A list of command words commonly used in the GCE ‘A’ Level Economics paper together with their explanations can be found on Economics Tuition Methodology.

Step 5:     Make a note of the relevant economic theories and concepts that come to your mind without paying attention to their degree of relevance.

Step 6:     Prioritise the relevant economic theories and concepts in accordance with their degree of relevance.

Step 7:     If the list of relevant economic theories  and concepts is too long, consider ways to merge them. Otherwise, what you did in Step 6 should help you decide which of them to apply and which of them to ignore.

Step 8:     Organise the relevant economic theories and concepts that you have decided to apply in such a way that there is a structure to the answer. The answer should comprise an introduction, body and conclusion. It should be about four pages in length, excluding the diagrams which you are required to draw to substantiate your points.

Consider the following question: Discuss whether the growth of the Chinese economy would be detrimental to the Singapore economy.

Introduction

The introduction should define the economic terms in the question. It  should also give an overview of the approach in a clear and concise manner. For  structured questions, however, an overview of the approach may not be necessary. You should not form a judgment in the introduction. In other words, you should not use the conclusion as the introduction.

Economic growth refers to an increase in real national output. The effects of the growth of the Chinese economy on the Singapore economy can be discussed in terms of the effects on the balance of payments, national output and hence national income, unemployment, inflation and income equity.

The body should contain the thrust of the answer, usually comprising a few paragraphs, with each paragraph containing only one main idea. The main idea in each paragraph should be succinctly conveyed in the topic sentence, with the rest of the paragraph elaborating the topic sentence by giving details, examples, facts and statistics. The topic sentence is usually, but not always, the first sentence in the paragraph. Sometimes, the topic sentence can be the only sentence in the paragraph if it is self-explanatory.

Example (A Paragraph of the Body)

The growth of the Chinese economy may lead to a deterioration in the balance of payments of Singapore. The balance of payments is a record of all the transactions between the residents of the economy and the rest of the world over a period of time and is made up of the current account and the capital and financial account. The production of low value-added goods such as disk drives requires low-skilled labour. Due to its larger amount of low-skilled labour, China has a comparative advantage over Singapore in producing low value-added goods. When the Chinese economy grows, the supply of the low value-added goods produced in China will increase which will lead to a fall in the prices. When this happens, the demand for the low value-added goods produced in Singapore will fall as people switch to the low value-added goods produced in China. Therefore, the growth of the Chinese economy will lead to a fall in Singapore’s exports of low value-added goods. For example, Singapore’s exports of hard disks have decreased partly due to the growth of the Chinese economy. Furthermore, due to the same reason, Singapore’s imports of low value-added goods from China will increase. When these happen, the current account and hence the balance of payments of Singapore will deteriorate. When the Chinese economy grows, households will become affluent which will lead to a larger consumer market. Therefore, the growth of the Chinese economy will attract foreign direct investments away from Singapore. For example, the growth of foreign direct investment in Singapore has generally decreased over the last two decades partly due to the growth of the Chinese economy. Furthermore, due to the same reason, firms in Singapore will increase investments in China. When these happen, the capital and financial account and hence the balance of payments of Singapore will deteriorate.

For part (a) questions, the conclusion can be a summary or a recommendation, which is more for aesthetic purpose. For full-length and part (b) questions, the conclusion should be an evaluation, which carries 5 out of the total 25 marks.

In the final analysis, the benefits of the growth of the Chinese economy to the Singapore economy are likely to outweigh the costs. Due to the large amount of high-skilled labour and hence comparative advantage in producing high value-added goods in Singapore, Singapore’s exports consist of mainly high value-added goods with low value-added goods accounting for a smaller proportion of total exports. Therefore, economic growth in China is likely to lead to a larger increase in exports of high value-added goods than the decrease in exports of low value-added goods in Singapore which will lead to an increase in aggregate demand resulting in an increase in national output and hence national income. This is particularly true in view of the fact that Singapore is continually moving up the value-added chain. Indeed, the exports of Singapore have been increasing over the last few decades when China has been experiencing rapid economic growth. Furthermore, Singapore is a small economy that is highly dependent on external demand with the domestic exports accounting for a large proportion of the aggregate demand. Therefore, the increase in exports is likely to lead to a substantial increase in aggregate demand resulting in a substantial increase in national output and hence national income. In addition, as Singapore imports a large amount of intermediate goods due to lack of factor endowments, the increase in imports of cheaper intermediate goods from China is also likely to be very beneficial to the Singapore economy as the cost of production in the economy is likely to fall substantially.

In the Singapore-Cambridge GCE ‘A’ Level Economics examination, you are given only 45 minutes to plan and write the answer to an essay question. As you need about 35 to 40 minutes to write the answer, you have only about 5 to 10 minutes to plan the answer.

When you are planning the answer to an essay question, you should not be too concerned with producing the ‘standard answer’ because it does not exist. What is required of you is to show evidence that you have understood the question and that you have the ability to apply relevant economic theories and concepts to answer the question in a coherent manner that demonstrates the five core thinking skills: knowledge, comprehension, application, analysis and synthesis, and evaluation. Knowledge and comprehension are often considered the lower-order thinking skills. Application, analysis and synthesis, and evaluation are often considered the higher-order thinking skills.

When you are writing the answer to an essay question, you are encouraged to use diagrams that are correctly labelled to illustrate understanding of the relevant economic concepts. However, you need to take note that diagrams that are incorrectly explained or incorrectly labelled may do more harm than good. In contrast, diagrams which are correctly explained and correctly labelled illustrate understanding of the relevant economic concepts and substantiate your explanations and therefore will be awarded accordingly.

You should not write everything that you know about a given content area. In other words, you should answer the essay question directly, with the help of the key words and the command words, taking into consideration the marks allocated. Indirect answers and irrelevant answers will gain no marks.

You should refer back to the essay question occasionally to stay focussed on what is required of you to do. This is to avoid writing off the point.

Legible handwriting is crucial to obtaining a good grade in the subject. Although you will not get bonus marks for legible handwriting, you will not get any marks with illegible handwriting.

Good grammar will enhance the quality of the answer.

Essay writing skills will be discussed in greater detail in economics tuition by the Principal Economics Tutor .

Economics Tuition @ Economics Cafe Principal Economics Tutor: Mr. Edmund Quek

How to Write Economics Essay: Your Ultimate Guide

Did you know that the global economic crisis of 2008, triggered by the collapse of Lehman Brothers, led to a profound reevaluation of economic policies worldwide? This crisis demonstrated the enormous influence that economics wields, and the critical role it plays in shaping our lives. Whether it's analyzing the causes and consequences of financial meltdowns, evaluating market trends, or understanding the impact of government decisions on our wallets, writing an essay on economics is the gateway to exploring these complexities.

Short Description

In this comprehensive guide, the expert team at our business essay writing service will explore the definition of an economics essay. We'll provide you with helpful tips on selecting the perfect economics essay topics to captivate your audience, and we'll delve into the essential structure required to craft a winning paper. We'll share expert insights and more to help you master the art of economic essay writing. Whether you're a student seeking academic success or a curious mind eager to explore economic concepts, join us on this enlightening journey.

Definition of an Economics Essay

So, what is economics essay all about? This type of writing is more than just an academic piece. It's a medium for you to articulate your understanding of economic theories, concepts, and real-world applications.

It's an opportunity to analyze and evaluate economic issues, providing well-researched arguments and evidence to support your perspective. Economics essays often demand critical thinking, data analysis, and the ability to communicate complex economic ideas effectively.

These essays can cover a wide range of topics, from macroeconomic policies to microeconomic market dynamics, and they serve as a platform to showcase your knowledge and insights into the world of economics.

In this guide, we'll walk you through the nuances of crafting an economics essay that not only conveys your expertise but also engages your readers.

Selecting the Right Economics Essay Topics

When it comes to choosing the ideal essay topics for economics essay, consider it a strategic decision rather than a random choice. The right topic should not only align with your academic requirements but also ignite your intellectual curiosity.

One approach is to stay informed about current economic events. For instance, exploring topics such as the economic impact of global trade tensions, the rise of e-commerce, or income inequality in the modern era can lead to engaging and relevant essays. And, if you find the task of essay writing daunting, you can always consider professional help - yes, we also offer assistance for those looking to buy essays on economics.

Alternatively, you can delve into timeless economic theories and concepts. Topics like the economic implications of the Keynesian theory, the role of the Federal Reserve in stabilizing the economy, or the economic consequences of globalization offer a wealth of essay possibilities.

Don't forget to think about your audience. Are you writing for economics enthusiasts, your professors, or a broader readership? Tailoring your topic to the interests and knowledge level of your audience is essential. Specialized readers may appreciate in-depth analyses of economic models, while a more general audience might prefer topics like the economics of sustainable agriculture or the financial challenges of college students.

Understanding the Structure of an Economics Essay

Once you've chosen your economics essay topic, the next crucial step is to master the art of structuring your essay effectively. The structure of your essay plays a pivotal role in conveying your arguments and analysis in a logical and persuasive manner.

An essay about economics typically consists of three primary sections: the introduction, the main body, and the conclusion. Let our expert finance essay writing service explore each of these elements in more detail:

1. Introduction: The introduction serves as the gateway to your essay. It's where you set the stage, introduce your topic, and present your thesis statement. Think of it as your opportunity to engage your readers' attention and lay the foundation for what follows. For instance, if your essay discusses the economic impact of renewable energy adoption, your introduction might begin with a compelling statistic or a thought-provoking question related to the subject.

2. Main Body: This is where you delve into the heart of your essay, exploring the relevant economic concepts. The main body consists of several paragraphs, each dedicated to a specific aspect of your topic. Here, you present your arguments, analyses, and evidence to support your thesis statement. In the case of the renewable energy essay, you could have separate sections discussing its environmental benefits, economic implications, and potential challenges. Make sure to use clear headings and subheadings to structure your content logically.

3. Conclusion: The conclusion provides closure to your essay. Summarize your key points, restate your thesis statement, and offer insights or implications based on your analysis. In the renewable energy essay, your conclusion might emphasize the importance of transitioning to renewable energy sources and its potential long-term benefits for both the economy and the environment.

Tips for Writing an Economics Essay

Crafting an outstanding essay economics goes beyond just presenting information. It requires a combination of research skills, critical thinking, and effective communication. Here are some essential tips from our PRO essay writer service to elevate your writing:

1. Conduct Thorough Research: Before you start writing, gather relevant data and information from reputable sources. The quality of your research will directly impact the strength of your arguments.

2. Develop a Clear and Concise Argument: Your essay should present a well-defined thesis or central argument. Ensure that your position is clear from the outset and that each section of your essay supports this argument.

3. Incorporate Real-World Examples: Economics is all about real-world applications. Include concrete examples and case studies to illustrate economic concepts and theories. Whether you're discussing supply and demand or market structures, real examples can make your essay more relatable and engaging.

4. Proper Citation and Referencing: Accurate citation and referencing are crucial. Use a recognized citation style (such as APA, MLA, or Chicago) to give credit to the sources you've used. This not only adds credibility to your essay but also avoids issues with plagiarism.

5. Address Counterarguments: Acknowledging and addressing counterarguments demonstrates a deeper understanding of the topic. It also makes your essay more well-rounded and persuasive. Consider potential objections to your thesis and provide reasoned responses.

6. Maintain Clarity and Conciseness: Avoid unnecessary jargon or complex language. Ensure that your writing is clear and concise, making it accessible to a broad audience. If someone who is looking to buy essays on economics were to read your work, they should easily grasp your points.

How to Start Your Economics Essay

The beginning of your paper is your opportunity to grab your readers' attention and set the stage for the insights you'll provide. Here's how to start your essay effectively from our economics essay writing service experts:

1. Crafting an Engaging Introduction: The introduction is your chance to captivate your audience. You can start with an interesting fact or statistic related to your topic. For example, if your essay is about the economic impact of automation, you might begin with a startling statistic about job displacement due to automation in recent years.

2. Formulating a Strong Thesis Statement: Your thesis statement should be concise and crystal clear. It should convey the main argument or point you'll be making in your essay. Using the economics essay examples on automation, your thesis statement might be: 'Automation, while boosting productivity, presents significant challenges in the labor market, requiring innovative approaches to address unemployment and skill gaps.'

3. Hooking the Reader: In addition to your introduction, consider using a hook—a thought-provoking question or a compelling anecdote related to your topic. This can further engage your readers and draw them into the essay. For instance, after your initial statistic, you could pose a question like, 'But how will society adapt to this technological revolution?'

Structuring the Main Body of Your Essay

The main body of your economics essay is where the substance of your arguments and further analysis resides. Proper structuring is essential to ensure that your points are conveyed in such a way that they flow logically and persuasively. Here's how to effectively craft the main body of your economics essay:

1. Organizing Your Ideas Logically: Ensure that the sequence of ideas in your essay flows logically. Start with the main idea, such as the most important or fundamental concepts, and then progress to more complex or detailed points. For example, if your essay discusses the impact of government taxation policies on economic growth, begin with an overview of taxation principles before delving into specific policies.

2. Using Clear Headings and Subheadings: Break down your main body into sections with clear headings and subheadings. Each section should address a distinct aspect of your topic. These headings serve as signposts for your readers, making it easier for them to navigate through your essay. In the taxation essay, you might have sections like 'Taxation Principles,' 'Historical Tax Policies,' and 'Effects on Economic Growth.'

3. Providing Evidence to Support Your Arguments: Every point you make in your essay should be supported by evidence. Use data, statistics, academic research, or real-world examples to back up your claims. For example, when discussing the effects of taxation policies on economic growth, you can include data showing the correlation between changes in tax rates and fluctuations in GDP growth.

4. Addressing Counter Arguments: Acknowledging and addressing counter arguments demonstrates a nuanced understanding of the topic. Anticipate potential objections to your thesis and provide reasoned responses. If critics argue that lower taxes always lead to higher economic growth, for instance, you can present evidence that suggests otherwise.

Writing a Compelling Conclusion

The conclusion of your economics essay serves as the final opportunity to leave a lasting impression on your readers. A well-crafted conclusion should tie all the elements of your essay together and provide a sense of closure. Here's how to write a compelling conclusion:

1. Summarizing Key Points: Begin your conclusion by summarizing the key points and arguments you've presented in the main body of your essay. This recap reinforces the main takeaways for your readers.

2. Restating the Thesis Statement: Reiterate your thesis statement, but do so in a way that emphasizes the significance of your argument. This reinforces the central point of your essay.

3. Offering Insights or Implications: Take your essay a step further by offering insights or implications based on your analysis. Consider the broader significance of your findings. In the case of an essay on taxation policies and economic growth, you might discuss the potential policy changes that could promote economic growth while maintaining revenue.

4. Encouraging Further Thought: Conclude your essay by encouraging further thought or research on the topic. Suggest potential areas for future exploration or highlight any lingering questions. This not only demonstrates your depth of understanding but also leaves room for ongoing dialogue.

The Importance of Revision

Revision is a critical, often underestimated, phase in the process of writing a good economics essay. It's during this stage that your essay transforms from a rough draft into a polished, cohesive, and well-organized piece. Here's why revision is of paramount importance:

1. Enhancing Clarity: Revision allows you to review all your paragraphs for clarity in addressing the essay question. It's an opportunity to ensure that your ideas are expressed in a straightforward and comprehensible manner. Consider whether your arguments and explanations are easy to follow. If not, make the necessary revisions to improve clarity.

2. Polishing Grammar and Style: Revision is your chance to correct grammatical errors, typographical mistakes, and awkward sentence structures. A well-edited essay not only conveys professionalism but also ensures that your message is not overshadowed by writing issues.

3. Strengthening the Structure: During revision, you can evaluate the overall structure of your essay. Check whether your introduction effectively sets the stage, the main body logically flows from one point to the next, and your conclusion provides a satisfying resolution. Adjust the structure as needed to improve the overall flow and coherence of your essay.

4. Refining Arguments: Careful revision enables you to scrutinize your arguments and evidence. Consider whether the points you've made are adequately supported by data, examples, and analysis. If you find any gaps or areas for improvement, make the necessary adjustments.

5. Seeking Feedback: It's often beneficial to seek feedback from peers, professors, or writing tutors during the revision process. Fresh perspectives can highlight areas for improvement that you might have missed.

However, if you find the prospect of revising your work overwhelming or time-consuming, there's a convenient solution: you can simply ask for our assistance and say, ' write my essay online .' Our professional writers are here to ensure your essay is not only solid and well-structured but also error-free and ready to make a strong impact.

Final Thoughts

Mastering how to write an economics essay is a journey that demands dedication, research, and careful planning. Whether you're a student, a budding economist, or someone curious about the world of economics, embrace the challenge of essay writing with enthusiasm. Your research papers have the power to inform, inspire, and impact our understanding of this complex and ever-evolving field. So, keep writing, keep revising, and keep exploring the world of economics through the lens of your academic writing. And remember, there's support available if you ever choose to pay for essay to meet your academic goals!

Frequently asked questions

She was flawless! first time using a website like this, I've ordered article review and i totally adored it! grammar punctuation, content - everything was on point

This writer is my go to, because whenever I need someone who I can trust my task to - I hire Joy. She wrote almost every paper for me for the last 2 years

Term paper done up to a highest standard, no revisions, perfect communication. 10s across the board!!!!!!!

I send him instructions and that's it. my paper was done 10 hours later, no stupid questions, he nailed it.

Sometimes I wonder if Michael is secretly a professor because he literally knows everything. HE DID SO WELL THAT MY PROF SHOWED MY PAPER AS AN EXAMPLE. unbelievable, many thanks

New Posts to Your Inbox!

Stay in touch

Reference Library

Collections

• See what's new
• All Resources
• Student Resources
• Assessment Resources
• Teaching Resources
• CPD Courses
• Livestreams

Study notes, videos, interactive activities and more!

Economics news, insights and enrichment

Currated collections of free resources

Browse resources by topic

• All Economics Resources

Resource Selections

Currated lists of resources

Economics Revision Essay Plans

Last updated 17 Dec 2019

• Share on Facebook
• Share on Twitter
• Share by Email

This series of resources provides revision essay plans for a wide variety of essay topics, including synoptic questions.

For the 2019 papers check out our collection of videos on building A* evaluation into your answers

Have you tried our series of more than 50 Quizlet revision activities? Click here to access!

Essay Plan: Limits on Monopoly Power

Topic Videos

Chains of Reasoning and Evaluation: Fuel Prices in the UK

Exam Support

EU Customs Union Membership (Revision Essay Plan)

Practice Exam Questions

Market for Electric Vehicles (Revision Essay Plan)

Mergers and consumer welfare (revision essay plan), air pollution and policies to control (revision essay plan), policies to improve competitiveness (revision essay plan), economic effects of higher interest rates (revision essay plan), current account deficit & policies (revision essay plan), unemployment and policy trade-offs (revision essay plan), case for cutting the national debt (revision essay plan), micro-finance (2019 revision update), essay on advertising and economic welfare, essay on oligopoly and collusion, policies to control inflation.

Study Notes

Why is high inflation a problem?

Revision essay: exchange rate depreciation and macroeconomic objectives, to what extent should full-employment be the main macro policy objective, housing supply (revision essay plan), minimum alcohol pricing (revision essay plan), oligopoly and collusion (revision essay plan), building confidence in writing synoptic 25 mark essays (edexcel), behavioural and neo-classical economics (revision essay plan), barriers to entry and economic profit (revision essay plan), micro and macro impact of a plastic tax (revision essay plan), edge revision webinar: market failure and government intervention, farm subsidies (revision essay plan), competitiveness of the uk motor industry (revision essay plan), labour migration (revision essay plan), financial market failure (revision essay plan), tariff on chinese steel (revision essay plan), policies to improve food affordability (revision essay plan), reducing a trade deficit (revision essay plan), museums and government subsidy (revision essay plan), fiscal policy and inequality (revision essay plan), globalisation and inequality (revision essay plan), economic inactivity (revision essay plan), competition and consumer welfare (essay technique video), essay plan: is the euro the main cause of the crisis in greece and italy, china: successes and failures essay plan, our subjects.

• › Criminology
• › Economics
• › Geography
• › Health & Social Care
• › Psychology
• › Sociology
• › Teaching & learning resources
• › Student revision workshops
• › Online student courses
• › CPD for teachers
• › Livestreams
• › Teaching jobs

Boston House, 214 High Street, Boston Spa, West Yorkshire, LS23 6AD Tel: 01937 848885

• › Contact us
• › Terms of use
• › Privacy & cookies

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.

Economics Tuition Singapore

Mastering the Art of A-Level Economics Essay Writing: Tips and Techniques

25 oct mastering the art of a-level economics essay writing: tips and techniques.

One of the paramount aspects of excelling in A-levels Economics is the mastery of the art of essay writing. Many economics students harbor two major fears when confronted with essay-type questions: the specter of time running out and the apprehension of failing to employ the correct writing style. It’s imperative to recognize that your writing style significantly influences your final grade.

In this comprehensive guide, we will explore various key points pertaining to writing styles in economics, how to enhance your skills, and delve into the significance and distinctive features of each technique.

The Significance of a Pristine Writing Style

The A-level economics examination paper encompasses essay writing and case study questions, with the former carrying more substantial weightage. In these essay responses, students are tasked with the critical challenge of articulating their ideas effectively, and herein lies the essence of a sound writing style.

Let’s introduce you to the invaluable “Three Tip Rule” to bolster your essay writing skills.

Tip 1: Precision

Precision in writing equates to crafting concise, straightforward sentences. Embrace the judicious use of full stops to avoid lengthy, convoluted sentences that might impede readability. Moreover, resist the temptation to nestle multiple ideas within a single sentence; this practice can mar clarity and comprehension. In exceptional cases where complexity is warranted, judiciously employ transition words to navigate through intricate notions seamlessly.

Tip 2: Perfection

Aptly chosen, the term “perfection” is emblematic of an area where students can gain easy marks in economics: precision through definitions and diagrams. Economists thrive on precision, and mastering the definitions of key terms is undeniably beneficial. By wielding definitions and diagrams effectively, students can elucidate complex concepts with clarity and finesse.

Tip 3: Be Focused

Another indispensable facet of the writing style in economics lies in unwavering focus on keywords. Upon perusing the question, swiftly underline the pivotal keywords that will shape your argument. This practice keeps your responses aligned with the core tenets of the question, fostering logical cohesion and making your answers more compelling. Furthermore, engender fluency in your writing by establishing thoughtful connections between these pivotal keywords.

Additionally, revisit the question periodically during your writing process. This perpetual reassessment ensures that your essay remains germane, as it reaffirms your focus on the quintessential issues under examination.

Mitigating Common Writing Challenges

Notably, not all students are naturally predisposed to writing fluency, or they may grapple with time management during examinations. Several common challenges arise in essay writing, which, if not addressed, can impede both performance and completion within the allocated time frame.

The Dreaded Time Crunch

The torment of running out of time during an examination is an omnipresent nightmare for many students. Picture yourself in the examination hall, with only ten minutes left to conclude your essay while you linger on the introductory paragraph.

To avert this predicament, it is essential to strategize before you put pen to paper. The practice of preliminary essay planning through techniques such as mind mapping or outlining key points offers a profound advantage. Dedicate the initial fifteen minutes to delineating fundamental ideas for each essay section, thus providing a solid framework for the ensuing writing. Consistently revisit the question during the writing process to uphold focus and forestall the inclusion of extraneous details that may consume precious time.

The Peril of Irrelevance

Failing to answer the question at hand can be a costly error in essay writing. Tangential responses squander valuable time and yield suboptimal outcomes. Precision is paramount; employ memorized definitions or pertinent points with diligence.

To preempt irrelevance, repeatedly scrutinize the question. This practice ensures that your writing remains closely aligned with the question’s specific parameters. Even if you momentarily veer off course, vigilant reassessment allows you to swiftly self-correct and maintain a pointed response.

Mastering These Skills: The Road to Success

As the adage goes, practice makes perfect. Proficiency in these writing skills is cultivated over time and demands dedicated engagement with the subject material. Once you have navigated the breadth of the syllabus outline, undertake the task of practicing as many questions as you can independently.

However, many students may grapple with the subtleties of their writing and may remain oblivious to inherent mistakes. Others may necessitate additional guidance to elevate their writing proficiency. Fortunately, an invaluable resource is readily accessible: JCEconomics by Anthony Fok.

JCEconomics, spearheaded by the esteemed Anthony Fok, stands as a premier economics tuition center in Singapore. Anthony Fok is renowned for his unwavering commitment to his students, providing them with personalized support and comprehensive instruction. His pedagogical approach incorporates real-life examples, elucidating economic concepts with exceptional clarity. By engaging with JCEconomics, students gain access to a wealth of resources and individualized attention, positioning them for success in A-level Economics .

In summation, the ability to craft compelling economics essays is a hallmark of A-level success. By assimilating the principles of precision, perfection, and focus, students can refine their writing style to earn higher marks. Moreover, proactively addressing common writing challenges, such as time management and relevance, is indispensable for optimal performance. When embarking on this academic journey, remember that practice and guidance are your greatest allies. With these resources at your disposal, your mastery of A-level Economics essay writing is well within reach.

No Comments

Sorry, the comment form is closed at this time.

FOR ALL NEW JC ECONOMICS STUDENTS

Money-Back Guarantee, No Questions Asked! In the unlikely event that the lesson is not suitable, or you have not benefited from the lesson, you may request for a full refund at the end of the lesson!

Free Marking of Practice Essays/Case Studies and 24/7 WhatsApp Consultation Simply WhatsApp your tutor with a scanned copy of your scripts. You will receive detailed feedback on how to improve your answers.

Click here to register for a class!

Home — Blog — Topic Ideas — 120 Essay Topic in Economics: Useful Ideas and Tips

120 Essay Topic in Economics: Useful Ideas and Tips

An essay on the study of economics offers a fascinating exploration of how societies allocate scarce resources to meet their unlimited wants and needs. Economics, often referred to as the "dismal science," provides valuable insights into the workings of markets, businesses, governments, and individual decision-making processes. As a social science, it analyzes human behavior in relation to the production, distribution, and consumption of goods and services.

By studying economics papers topics , students delve into a wide range of topics, ranging from microeconomics, which focuses on individual economic agents such as households and firms, to macroeconomics, which examines broader aspects of the economy, including inflation, unemployment, and economic growth.

The essay typically begins with an introduction that sets the context and provides a clear thesis statement outlining the main argument. It is essential to showcase a solid understanding of economic principles and theories while employing real-world examples and data to support arguments.

One of the critical aspects of an economics essay is the analysis of economic models and concepts. Students may explore theories like supply and demand, elasticity, market structures, cost-benefit analysis, fiscal and monetary policy, and more. Using empirical evidence and case studies, they can apply these concepts to real-world situations to demonstrate their understanding and analytical skills.

Moreover, an essay on economics often involves discussing current economic issues and policies. Analyzing economic challenges faced by countries, the impact of globalization, income inequality , environmental sustainability, or the role of government intervention are just a few examples of pertinent topics. Not surprisingly, many students have difficulty writing them. Perhaps we can help you if you study some economics essay examples and improve your knowledge.

To craft a compelling economics essay, students should conduct thorough research, draw from reputable sources, and critically evaluate various viewpoints. The essay should present a coherent and logical flow of ideas, supported by evidence and data, leading to well-reasoned conclusions. And in any case, it’s worth starting with an analysis of suitable topics, and in this article, we will try to help you by providing various ideas for reflection.

✨ Most Popular Economic Essay Topics

• The Role of Government in Shaping Economic Policies: A Comparative Analysis
• Globalization and its Impact on Emerging Economies
• Income Inequality: Causes, Consequences, and Solutions
• The Economics of Climate Change: Mitigation and Adaptation Strategies
• The Pros and Cons of Free Trade Agreements on National Economies
• Monetary Policy and its Effects on Inflation and Unemployment
• The Economics of Healthcare: Examining Costs, Access, and Quality
• The Impact of Technological Advancements on Economic Growth
• Behavioral Economics: Understanding Irrational Decision-Making
• The Economics of Education: Investing in Human Capital
• The Housing Market Bubble: Lessons from the 2008 Financial Crisis
• The Role of Entrepreneurship in Economic Development
• The Economics of Artificial Intelligence and Automation
• Government Debt and Fiscal Policy: Evaluating Sustainable Practices
• Economic Effects of the COVID-19 Pandemic: Challenges and Recovery Strategies

💡 Important Economic Essay Topics

Studying economics is essential for several reasons, as it provides valuable insights into the functioning of societies, markets, and individual decision-making processes. Here are some key reasons why studying finances and economics is important:

• Understanding Human Behavior: Economics analyzes how individuals, households, and firms make choices in the face of limited resources and unlimited wants. It provides a framework to understand human behavior and decision-making , which is crucial for businesses, policymakers, and individuals alike.
• Allocation of Resources: Economics helps societies allocate scarce resources efficiently. By studying concepts like supply and demand , production, and distribution, economists can identify optimal resource allocation to maximize overall welfare and economic growth.
• Impact of Policies: Economic analysis informs policymakers about the potential consequences of their decisions. It helps in formulating effective policies related to taxation, trade, monetary, and fiscal matters, aiming to improve economic conditions and societal well-being.
• Business Decision-Making: For businesses, understanding economic principles is crucial for strategic planning, pricing strategies, market analysis, and assessing risks and opportunities. Economic insights enable businesses to adapt to changing market conditions and make informed decisions.
• Global Perspective: Economics provides a global perspective, allowing nations to engage in international trade and understand the implications of globalization . It fosters cooperation and collaboration between countries to address economic challenges on a global scale.
• Addressing Inequality: Economic studies shed light on income and wealth distribution, allowing societies to address issues of inequality and poverty. Understanding the root causes of economic disparities can help design policies to promote inclusive growth and social justice.
• Personal Finance Management: Understanding economic principles can benefit individuals in managing personal finances, making informed investments, and planning for the future.

Thus, the study of economics is critical to understanding the complex dynamics of modern societies and economies. It is economics papers topics that provide individuals, businesses, and policymakers with valuable tools to make informed decisions, promote sustainable growth, and address pressing social and economic challenges locally, nationally, and globally.

Socio-Economic Essay Topics

• The Ever-Evolving American Dream.
• Is the American Dream Still Alive?
• The American Dream: Success, Mobility, Critiques.
• Socialism and Capitalism.
• Addressing Disparities of Health Equity.
• Relationship Between Income Inequality and Crime Rates.
• Abolishing Federal Minimum Wage: A Proposal.
• Impact of Minimum Wage Policies.
• Universal Basic Income: A Viable Solution or a Dangerous Experiment
• Poverty Alleviation Strategies: Lessons from Successful Programs.
• Unemployment and its Socio-Economic Effects.
• The Influence of Social Media on Consumer Behavior and Society.
• Socio-Economic Factors in Urbanization and Rural Migration.
• Socio-Economic Implications of Aging Populations.
• Immigration and its Effects on Socio-Economic Dynamics.
• Socio-Economic Effects of Access to Quality Healthcare and Education.
• Social Mobility and its Correlation with Economic Prosperity.
• The Intersection of Socio-Economic Status and Health Outcomes.
• The Role of Culture in Shaping Socio-Economic Patterns.
• Corporate Social Responsibility: Balancing Profitability and Social Welfare

International Economics Essay Topics

• The Impacts of Global Trade Agreements on Developing Economies
• Exchange Rate Policies and Their Effects on International Trade
• Foreign Direct Investment and Economic Development
• The Role of Multinational Corporations in the Global Economy
• Economic Integration in Regional Blocs: Pros and Cons
• The Balance of Payments: Trends and Challenges
• International Capital Flows and Financial Crises
• The Effectiveness of International Aid in Promoting Economic Growth
• The Economics of Globalization: Prospects and Challenges
• International Economic Sanctions: Rationale and Consequences
• The Role of International Organizations in Global Economic Governance
• The Impact of International Migration on Sending and Receiving Countries' Economies
• Trade Liberalization and Income Inequality in Developing Countries
• The Economics of Foreign Aid: Achievements and Limitations
• International Economic Policies and Income Distribution.
• The Significance of the Stock Market: History, Function, and Future
• Understanding Supply and Demand Dynamics
• The Role of Digital Currency in Shaping International Trade
• Environmental Policies and Their Impact on Global Economic Relations
• Technological Innovations and Their Influence on Global Supply Chains

Labor Economics Essay Topic Ideas

• The Evolution of Work and Employment
• FNP Employment Contract
• The Gig Economy: Challenges and Opportunities for Workers
• Labor Unions and Collective Bargaining in Modern Economies
• Technological Advancements and the Future of Work
• Labor Mobility and its Effects on Economic Growth
• Youth Unemployment: Addressing the Challenges of Entry into the Labor Market
• Labor Market Segmentation: Understanding Dual Labor Markets
• The Economics of Immigration and its Impact on Local Labor Markets
• Gender Wage Gap: Analyzing Causes and Closing the Divide
• Automation and Job Displacement: Policy Responses for the Workforce
• Human Capital Investment: Education and Training in the Labor Market
• Labor Market Policies for Aging Populations and Retirement Transitions
• Labor Market Flexibility and Employment Protection Legislation
• Income Inequality and its Connection to Labor Market Outcomes
• The Economics of Occupational Safety and Health
• Discrimination in the Workplace: Examining Persistent Disparities
• The Economics of Unemployment Insurance: Incentives and Impact
• Informal Labor Markets: Challenges and Policy Approaches
• Labor Economics of Developing Countries: Unique Issues and Solutions

Essay Topics in the Economics of Sports

• The Economics of Professional Sports Leagues: Revenue Sharing and Competitive Balance
• Stadium Financing and Economic Impact on Local Communities
• The Role of Salary Caps in Professional Sports: Fairness and Competitiveness
• Sports Sponsorship and its Influence on Branding and Revenue Generation
• Economic Analysis of Mega Sporting Events: Costs and Benefits
• Ticket Pricing Strategies in Sports: Maximizing Revenue and Fan Engagement
• Sports Betting and its Economic Implications
• The Economics of Player Transfers and Player Valuation in Sports
• Sports Broadcast Rights and Media Economics
• Youth Sports Participation and its Long-term Socio-Economic Effects
• The Economic Impact of Sports Facilities on Tourism and Local Economies
• Sports Analytics: The Role of Data in Player Performance and Team Strategies
• The Economics of Sports Franchise Relocation and Expansion
• Economic Incentives for Athletes: Performance-Based Contracts and Bonuses
• Sports Merchandising and Consumer Behavior: Factors Influencing Sales
• Esports Economics: The Rise of Competitive Video Gaming
• Sports Development Programs and Economic Growth in Developing Countries
• Economic Challenges of Doping and Anti-Doping Policies in Sports
• Sports Economics and Fan Loyalty: Factors Affecting Fan Spending and Attendance
• The Economic Impact of Sports Injuries on Players and Teams.

Essay Topics on City Economics

• Urbanization and Economic Growth: Trends and Implications
• The Economics of Gentrification: Effects on Housing and Communities
• Urban Transport Economics: Evaluating Public Transit and Mobility Solutions
• Urban Planning and Land Use: Balancing Economic Development and Sustainability
• The Impact of Urban Renewal Projects on Local Economies
• Housing Affordability in Urban Areas: Challenges and Policy Interventions
• Economic Incentives for Urban Development: Tax Incentives and Subsidies
• The Economics of Urban Sprawl: Costs and Benefits
• Urban Informal Economies: Informal Sector Dynamics and Contributions
• Urban Poverty and Social Exclusion: Analyzing Economic Disparities
• The Economics of Urban Crime: Strategies for Crime Reduction
• Urban Environmental Economics: Managing Pollution and Sustainability
• Smart Cities and the Economics of Technological Urban Innovations
• Urban Economic Resilience: Coping with Shocks and Disruptions
• The Economics of Urban Education: Addressing Inequality in Schools
• Urban Infrastructure Investment and Economic Productivity
• The Role of Cultural and Creative Industries in Urban Economies
• Urban Tourism Economics: Balancing Tourist Impact and Local Needs
• Urban Agriculture and Food Security: Economic and Social Benefits
• Urban Governance and Economic Development: The Role of Local Government.

Business Economics Essay Topics

• Cost-Benefit Analysis in Business Decision Making
• Customer Reviews and Sales Figures in E-commerce
• Market Structure and Business Performance: A Comparative Analysis
• Business Cycles and Their Impact on Economic Stability
• The Role of Entrepreneurship in Economic Growth and Innovation
• The Economics of Corporate Mergers and Acquisitions
• Business Ethics and their Influence on Economic Outcomes
• The Economics of Risk Management in Business Operations
• International Trade and its Effects on Business Competitiveness
• Environmental Sustainability in Business: Balancing Profit and Social Responsibility
• Business Strategy and its Relationship with Economic Performance
• The E-Commerce Impact on Traditional Businesses
• The Economics of Advertising and Consumer Behavior
• Business Innovation and its Influence on Industry Dynamics
• Small Business Economics: Challenges and Opportunities for Growth
• Economic Analysis of Market Entry and Exit Strategies
• Technology Adoption and its Impact on Business Efficiency
• The Role of Financial Markets in Business Operations and Investment
• The Economics of Supply Chain Management: Efficiency and Resilience
• Business Taxation and its Effects on Investment and Profits.

💫 Tips on How to Write Your Essay in Economics

Writing an economics essay can be intellectually stimulating but rewarding as it allows you to explore complex economic concepts, express your understanding effectively, and learn from various economics paper topics. To create a compelling economics paper topic, follow these basic steps:

• Understand the Essay Prompt: Carefully read and comprehend the essay prompt to grasp the specific question or topic you are required to address. Identify key terms and concepts to guide your research and analysis.
• Research and Gather Evidence: Conduct in-depth research using reputable sources such as academic journals, books, and economic databases. Collect relevant data and evidence to support your arguments and strengthen the essay's credibility.
• Create a Clear Thesis Statement: Formulate a concise and clear thesis statement that outlines the main argument or position you will be defending in the essay. The thesis should be specific, focused, and reflect the main point of your paper.
• Plan and Organize: Outline your essay structure before you begin writing. A well-structured essay should have an introduction, body paragraphs, and a conclusion. Each body paragraph should discuss a single main idea or argument, supported by evidence.
• Introduction: Start with an engaging introduction that provides context for your essay and introduces your thesis statement. Hook the reader's attention and provide a brief overview of the key points you will be discussing.
• Body Paragraphs: Each body paragraph should begin with a topic sentence that presents the main idea of the paragraph. Use evidence and examples to support your arguments and relate them back to your thesis. Analyze the data and discuss its implications in relation to the topic.
• Use Economic Terminology: Incorporate relevant economic terminology and concepts to demonstrate your understanding of the subject matter. However, avoid jargon that might confuse the reader.
• Critical Analysis: Provide a critical analysis of the economic theories and evidence presented. Evaluate strengths and weaknesses, and consider alternative viewpoints to present a balanced perspective.
• Counterarguments and Rebuttals: Address potential counterarguments to your thesis and provide well-reasoned rebuttals. Acknowledging opposing views enhances the credibility of your essay.
• Conclusion: Summarize the main points discussed in the essay and restate your thesis in a conclusive manner. Avoid introducing new information in the conclusion.
• Proofread and Edit: After completing your essay, review it carefully for clarity, coherence, and grammar. Ensure that your arguments flow logically, and make any necessary revisions to strengthen the overall quality.
• Cite Your Sources: Properly cite all the sources used in your research following the citation style specified by your instructor (APA, MLA, Chicago, etc.).

By following these steps, you can write a well-structured and persuasive economics essay that demonstrates your grasp of economic concepts and analytical skills, contributing to a comprehensive understanding of the subject matter.

We use cookies to personalyze your web-site experience. By continuing we’ll assume you board with our cookie policy .

How to Write a Band 6 HSC Economics Essay

Writing a Band 6 HSC Economics essay can be difficult because the essay questions can vary from addressing a specific section of the syllabus to having a broad focus and therefore requiring synthesis of entire topics.

Furthermore, there are two HSC Economics essays in the HSC exam, which make up 40 marks of the whole exam!

Section III – is a stimulus based economic essay response where you MUST  make reference to the stimulus provided and integrate it into your response. Section IV – a free response economic essay.

This article aims to therefore streamline the writing process and provide a sustained, logical and cohesive approach that is backed by findings from experienced HSC Economics markers: the ones who mark hundreds of essays year in year out.

Ready to learn how to ace your HSC Economics Essay? Let’s jump in!

Here is the example question we’re going to use throughout this article to demonstrate what to do to get that Band 6 in your HSC Economics Essay ( Question 27 of the 2016 HSC ).

Editor’s Note: Although this post was made in 2018, any sample responses will be written as if they were written in 2016, reflecting the current state of the economy at the time.

Step 1: Plan Your Response Step 2: Finish Your Introduction Strong Step 3: The Writing Process Step 4: Practise Writing HSC Economics Essay Plans

Step 1: Plan Your Response

Use the first page of your writing booklet to sketch a plan of your response.

In fact, this was often what I would do first upon beginning an Economics exam. I’d develop a plan for my essays and then go back to the Multiple Choice section.

This achieved two things:

 It warmed up my mind so that I was ready to engage with Section I and Section II  More importantly, this ensured I would not forget my essay plans throughout the exam and I could readily return to my plan to jog my thought process.

This is critical because the Economics essay emphasises a  logical progression of ideas.

Therefore, in many ways, an essay plan allows you to visualise your thought process and reduce the chance of you forgetting your train of thought or worse, going on a tangent and including irrelevant details.

This helps keep your response  sustained, which is a key component of the A range marking criteria.  Your essay must continually drive towards developing your thesis – the actual answer to the essay question itself.

In saying so, before we plan, we must understand the NESA directive verbs. This will determine the level of depth and the approach the markers are looking for.

If you’re unsure about your directive verbs, check out NESA’s glossary of key directive verbs !

How to Plan for an HSC Economics Essay:

The most important thing about any essay is the answer to the question itself with your thesis. All points, arguments and statistics are simply used to support it.

As a result, begin the plan by writing a direct answer to the question. In your thesis you want to:

Provide context for the question – include definitions of key terms such as monetary policy or economic objectives. Then use qualifiers or intensifiers (to some extent, significantly, is ineffective) to answer the essay question.

For our example, the thesis would look like:

Expansionary monetary policy conducted by the Reserve Bank of Australia (RBA) involves deliberate actions to theoretically increase the supply of funds and reduce the cash rate, the cost of borrowing, in an effort to achieve economic objectives. However in practice, the RBA’s aggressively expansionary monetary policy, exemplified by its low 1.50% cash rate, has only had a limited impact on the economy.

Next, organise your ideas into dot points which you can will write your paragraphs on.

Also note down any sub points or arguments you think of underneath. This can include theory, links to the stimulus if this is a Section III essay, relevant statistics or graphs.

As this is the planning stage, it isn’t essential to get it all down perfectly, even just a word or key term to retain your train of thought is fine.

Below is an IDEAL plan using our example question. I have used more words than I normally would to help you read along (in reality, one word dot points are fine, as long as you can understand what you’ve written).

If there are natural links and connections between paragraphs this can also be useful in transitioning in between different paragraphs to maintain the  cohesiveness  of the essay, i.e. making it flow better.

Still feeling overwhelmed with writing your HSC Economics Essay for your upcoming Economics assessment? Get additional help writing your HSC Economics essays with our HSC Economics Tutoring Sydney .

Step 2: Finish Your Introduction Strong

Now you have already written a strong thesis and have provided context for the essay.

All that is left is to connect your paragraph points to answering the thesis. This is in lieu of simply stating which objectives you will be looking at, which is not as effective and thesis-driven. Compare the pair:

Rather than saying:

Economic growth, inflation, unemployment and external stability are economic objectives which monetary policy have failed to address.

The transmission mechanism’s failure to boost consumption and business investment has lead to poor economic growth, and combined with below target inflation, unemployment that exceeds the NAIRU (non-accelerating inflation rate of unemployment), and an increasing current account deficit (CAD) driven by a widening trade deficit, monetary policy has failed to achieve a positive impact on the Australian economy and its objectives.

It is much more impressive to the marker if you are able to show a direct link between your points and the thesis you are addressing, as it shows a logical approach.

Are you taking Business Studies too? Master the HSC Business Studies report with our guide !

Step 3: The Writing Process

The other general criteria in HSC Economics essays is the related to the way you write and use language , including economic terms, concepts, relationships and theories.

This of course means you must know your content well and be able to connect different parts of the syllabus together and understand their relationships.

Once you have mastered your content, the criteria then asks for a ‘sustained, logical and cohesive’ response. In order to achieve this, it is best to use a clear structure (which we have planned for in Step 1) as it forces you to retain a logical and cohesive structure.

Here’s how to do it:

Use DPEEL (writing structure)

To provide a basic structure, follow DPEEL  which will ensure you are using economic terms, concepts, relationships and theories consistently in your essay.

Definition – assume the marker is a layperson (has limited knowledge of the course) and ensure you are defining the economic term or concept to reflect your understanding. Can be integrated into the response and does not need its own sentence. Point – Attack the question and pinpoint what your overall answer will be, akin to a mini thesis. Explain – Provide further details that elaborate on your point. Depending on which directive verb you are asked, this is also where you can start to show relationships (analyse), provide additional economic theories that demonstrate a cause and effect (explain) or make a judgement (assess). Evidence – Integrate elements from the stimulus if it is a Section III Economics essay. Further, it reflects more in depth synthesis if you refer to specific statistics or quotes from the stimulus rather than simply stating a vague, ‘as seen in Source 1.’ If it is a Section IV Economics essay, this is where relevant statistics, graphs or economic theory will further elaborate and support your argument. However make sure you also explain graphs and their effects, rather than simply referring to them as ‘Figure 1,’ as failure to do so severely limits their effectiveness. Link – Conclude your paragraph by linking your points back to your original thesis.

Use transition signals

The ‘sustained’ element of the marking criteria means the markers want the essay to flow uninterrupted . No additional details or sidetracks.

The best way to achieve this is through the use of transition signals.

Transition signals   include words such as furthermore, hence, as a result, this leads to, but, however. These are ‘linking’ words which along with the DPEEL structure FORCE  you to stay on track and sustain your attack on the thesis, as each sentence must relate to the previous. Hence this makes it extremely difficult for you to stray off topic, allowing you to create a sustained response!

Prepare a table of key statistics and economic developments

Just like with English, Economics is also a subject with high demands on memory. Not only must you remember course content, you must also remember relevant statistics and graphs. An efficient way to facilitate this process is a simple table that allows you to organise your information. For example:

This will increase your mind’s ability to chunk the information without feeling overwhelmed.

Write a Strong Conclusion

HSC Economics essay conclusions are quite straightforward.

They need to:

Reaffirm your position and perspectives by restating your thesis — your answer to the question. Tie up your points and summarise how those ideas have supported your thesis. Provide a final statement that ‘ zooms out ‘ and provides a broad perspective of the question. This could be through providing an insight into future trends, expectations or areas for discussion.

Make sure you don’t overdo the conclusion.  Three to four sentences is more than enough and the last thing a marker wants to see is a conclusion that has overstayed its welcome!

Step 4: Practise Writing HSC Economics Essay Plans

The final and most important tip is to practise this approach using different styles and topics of essay questions. It is also important that you plan the essays as you would in an exam to give you practice for planning for unseen questions.

We’ve done the hard work for you and you can find a collection of HSC Economics Essay Questions !

Apply these steps to build your consistency in writing logically and systematically.

That is the only way you will improve and better appreciate the amazingly pragmatic text type that is the HSC Economics essay. If you need more essay questions you can use past HSC exams, your textbook, or ask your teacher.

HSC Economics Tutoring Sydney can help you write strong Economics Essays, and make sure you get valuable feedback!

On the hunt for more HSC Economics resources?

Check out some of our other articles and guides below:

• HSC Economics Past Papers Master List

How to Write Effective HSC Economics Study Notes

The ultimate guide to getting a band 6 in hsc economics, are you looking for some extra help with your hsc economics essay writing, we pride ourselves on our inspirational hsc economics coaches and mentors.

We offer tutoring and mentoring for Years K-12 in a large variety of subjects, with personalised lessons conducted one-on-one in your home or at one of our state of the art campuses in Hornsby or the Hills!

To find out more and get started with an inspirational tutor and mentor  get in touch today! 

Give us a ring on 1300 267 888, email us at  [email protected]  or check us out on  TikTok !

Terry Huang  completed his Bachelor of Secondary Education with a Bachelor of Commerce at the University of New South Wales. A strong believer that lessons should be engaging, relevant, and effective, his hustle and teaching approach have led to his recognition on the UNSW Faculty of Social Sciences Dean’s List for Academic Excellence, the NSW Teachers Federation Future Teacher scholarship, and the New Colombo Plan program. Terry enjoys listening to Kanye West, learning about cryptocurrency and memorising scenes from  The Office .

• Topics: 📚 Study , 🏦 Economics

Related Articles

Hsc economics past papers – master list, 45,861 students have a head start....

Get exclusive study content & advice from our team of experts delivered weekly to your inbox!

Looking for Economics Support?

Discover how we can help you!

We provide services in

New south wales, queensland and victoria.

More From Forbes

25 writing tips for business owners and content marketers: part 5.

• Share to Facebook
• Share to Twitter
• Share to Linkedin

Here we go, content creators! It's time to learn a few ways to finesse and get more from your ... [+] content.

Welcome back, content creators and wordsmiths. Ready to take your writing from good to great? In this fifth and final installment of my writing tips series, I’ll discuss advanced techniques that separate the pros from the amateurs.

If you missed any of the first four parts, you can find them here:

• Part 1 —includes tips on varying sentence length, using active voice, and tapping the power of specificity.
• Part 2 —talks about simplifying complex topics, using analogies, injecting emotion, creating compelling headlines, and using the power of social proof.
• Part 3 explores the visual side of content creation, from formatting for skimmability to strategically using whitespace, fonts, and colors.
• Part 4 —covers the art of empathetic writing, showing instead of telling, and creating a shared narrative with your reader.

As you work through this final installment, consider your content a rough diamond. You've mined and shaped it, but now it's time for the finishing touches to make it truly shine. That's what these tips are all about—the polish that turns your words into brilliant content.

In this article, discover:

• Why self-editing is your secret weapon (and how to wield it like a pro).
• The surprising power of criticism (yes, you read that right).
• The tools and partnerships that can elevate your writing quality.
• How to make your content work harder through clever repurposing.
• The art of keeping your best pieces fresh and relevant, year after year.

Let's dive in.

Tip 21: Self-editing—your secret weapon

Trump vs. harris 2024 polls: harris leads trump by 1 point in latest survey, google confirms play store update, app deletion starts in just 5 weeks, elon musk suddenly breaks his silence on bitcoin after issuing a shock u.s. dollar ‘destruction’ warning that could trigger a crypto price boom.

The more you edit yourself, the better a writer you'll become.

Isn’t “self-editing” just reading a draft several times? Yes… but there’s more. Think of self-editing as a content personal trainer. It whips your words into shape, trimming the fat and building muscle where it counts. The work is not always comfortable, but the results? They're worth every moment you spend scrutinizing your work.

Here's what self-editing does for your content:

• Clarifies your message—is your main point shining through or hiding behind fluff?
• Strengthens your language—are your verbs doing heavy lifting or napping on the job?
• Improves your flow—does your content run smoothly from point to point or stumble over awkward transitions?
• Trims the fat—can you say more with less? In writing, less is often more.

My best advice is not to rush to publish the next time you finish a draft. Take a break, whether for hours or days, then return with fresh eyes and give your work the edit your brilliant ideas deserve.

Here are a few ways to self-edit:

• Read the content aloud—you’ll hear awkward transitions and areas that don’t make sense.
• Read the content backwards—this is a pro proofreader’s tip for when 100% accuracy is a must.
• Create a reverse outline—use your finished draft to create an outline to see the structure of your work and find areas that need help.

Tip 22: Embrace constructive feedback

Not all criticism is helpful. But you have to invite it and listen to it to begin to discern.

Have you ever hit 'publish,' beaming with pride, only to receive... criticism? Ouch. Your first instinct might be to defend your work or dismiss the feedback. But criticism could be your greatest ally in content creation.

Think of constructive feedback as a GPS for your writing. It helps you avoid traffic jams, discover more scenic routes, and reach your destination more pleasantly and efficiently. When you open yourself to input from others, you can tap into fresh perspectives and ideas.

Embracing feedback can help you:

• Identify blind spots—like angles you hadn't considered and areas not as clear as you thought.
• Spark new ideas—a reader's question could lead to your next great piece of content.
• Strengthen your skills—constructive criticism is a chance to improve your writing.

Here's a practical tip: The next time you receive feedback, resist the urge to respond right away. Instead, take a deep breath, sleep on it if you can, and then approach the feedback with curiosity.

Ask yourself:

• Is the feedback coming from a place of genuine helpfulness, or is it just negativity?
• Is it in line with your goals and values, or does it pull you in a different direction?
• Can you use it to improve your work, or is it just a matter of personal preference?

The goal isn't to please everyone—it's to create the best content you can. And sometimes, a fresh perspective is just what you need to take your writing from good to great.

Tip 23: Use writing tools, apps, and partners

It's hard to make excuses about typos with so many tools, apps, and partners all around.

Every writer needs tools and support. Bring your skills and ideas to the table and use the right tools and partners to help you create something remarkable.

Let's start with the tools. Writing apps like Grammarly and Hemingway help you create clear, readable content. Grammarly has free and paid versions; I use the paid version every day. It helps me catch grammar and spelling errors and suggests style improvements. It's a great first-line defense against the little mistakes that undermine your message.

Hemingway is all about improving your writing's readability. It highlights complex sentences, passive voice, and other readability issues, pushing you to make your writing as clear and punchy as possible.

Partners are another key ingredient for great content. Although writing is often a solitary pursuit, the best content happens through collaboration and external input. That's where editing and content coaching come in.

When you work with an editor or writing coach like me, you get a second set of eyes on your work, plus a fresh, well-trained mind that can spot opportunities for improvement, suggest new approaches, and help you develop your unique writing voice. It's like having a personal trainer for your writing skills—someone to push, guide, and celebrate your progress.

Of course, not every piece needs the full editorial treatment. But that extra level of professional polish can make all the difference for your most important work—your cornerstone content, thought leadership pieces, and the messages you really want to land.

And partnership doesn't have to mean a long-term commitment. Even a one-time edit or coaching session can make a difference. The key is finding the level of support that fits your budget and goals.

Tip 24: Repurpose your content for maximum mileage

Turn one piece of content into many in the same way that an atom splits.

Content repurposing, or content atomization, is the art of turning one piece of content into several to reach new audiences. It's about working smarter, not harder, and getting the most juice out of every piece you create.

Imagine, for example, that you've written a stellar blog post. You've researched the topic, created a compelling narrative, and packed the post with insights. That's great! But why stop there? With a little creative thinking, that one blog post could become:

• A series of social media posts, each highlighting a key takeaway.
• An infographic that visually represents your main points.
• A video script for a YouTube tutorial or explainer.
• A podcast episode or audio version for on-the-go listening.
• A chapter in an ebook or a section of a whitepaper.

Each new format allows you to reach new people, cater to different learning styles, and reinforce your message across multiple touchpoints. And because you're starting from a solid foundation, repurposing will be much quicker and easier than creating something from scratch.

The benefits of repurposing go beyond efficiency. It can also help you:

• Boost SEO—more content means more opportunities to target keywords, earn backlinks, and improve your search engine rankings.
• Reinforce your message—repetition is key to learning and retention. When you present ideas in multiple ways, you help your audience internalize and remember key points.
• Show off your versatility—repurposing helps you communicate across media and adapt to different contexts, positioning you as a multifaceted, adaptable content creator.

Of course, repurposing doesn't mean simply copying and pasting your content into a new format. You have to tailor each piece to the medium and audience, which might mean:

• Adjusting the length and pacing to suit the format.
• Modifying the language and tone to match the platform.
• Adding or removing elements to fit the context.
• Updating examples or references to keep the content fresh and relevant.

The key is to view your original content as a starting point, not an endpoint. With each repurposing, you can refine, expand, and enhance your ideas.

Tip 25: Refresh your content regularly for lasting impact

Refresh your best content regularly to get more mileage from it.

Content refreshing is the practice of periodically revisiting and updating your content to keep it accurate, engaging, and optimized for search engines and readers. It keeps your best content your best, no matter how much time passes.

Consider your cornerstone content—the pieces that define your brand, showcase your expertise, and attract the most traffic. You want to keep those pieces in prime condition. Experts recommend refreshing this type of content at least every six months. But what does that refreshing process look like?

It could mean:

• Adding a new video or multimedia element to improve the reader’s experience.
• Updating statistics, examples, or case studies to reflect the latest data and trends.
• Revising the call-to-action or download offer to match current marketing goals.
• Fixing links that don’t work, outdated references, or broken buttons.
• Optimizing the title, headers, and meta descriptions for SEO.

Regular updates signal to search engines and readers that your content is current, credible, and worthy of attention. They keep your piece in the spotlight, attracting new readers and keeping the interest of returning ones.

Regular updates can also help you:

• Improve your search rankings—search engines favor fresh, relevant content. Updating regularly increases your chances of ranking higher in search results.
• Boost engagement—new elements, updated information, and refreshed CTAs give readers new reasons to engage, whether it's their first time or fifth.
• Extend the content lifespan—refreshing helps your best pieces stay relevant and valuable for longer so you can get the most return on your content investment.
• Identify new opportunities—in updating, you might discover new angles to explore, gaps to fill, or reader needs to address. Each refresh is a chance to make your content even better.

Of course, not every piece needs a full overhaul every six months. The frequency and depth of your refreshes will depend on factors like:

• The nature of your industry (fast-moving fields might require more frequent updates).
• The type of content (news-based pieces might need more regular attention than evergreen how-tos).
• The piece's performance (high-traffic, high-converting content should be a refreshing priority).

Don't let your best pieces gather digital dust. Give them the regular refresh they need to shine.

What’s next? The journey to content mastery continues

Keep learning, keep growing, and keep on working toward content mastery!

Congratulations. You—and I—just made it through this five-part series on writing tips for business owners and content marketers! From the fundamentals of great writing to advanced techniques for optimization and repurposing, you now have a solid toolkit for creating content that informs, engages, and inspires.

But as you likely know, the journey to content mastery is ongoing. There's always more to learn, new strategies to try, and other ways to refine your craft. The most successful content creators embrace this continual learning and growth.

I invite you to follow me on Forbes to continue your journey. As a regular contributor here, I'm constantly sharing new insights, tips, and strategies for content creation and marketing. By following me, you'll get practical, actionable advice to help you keep leveling up your content.

I also invite you to sign up for my Beyond Copy newsletter for even more in-depth guidance. I share my most detailed tutorials, behind-the-scenes insights, and exclusive resources here. It's your VIP pass to ongoing content education and inspiration.

And remember, you don't have to go on this content journey alone. Whether you need a skilled writer to create compelling pieces, an eagle-eyed editor to refine your work, a strategic consultant to guide your content planning, or a coach to develop your skills, I can help .

Thank you for joining me on this journey. It's been a pleasure sharing these tips and techniques with you. Now, go forth and create content that matters, content that moves, content that makes a difference.

Your readers are waiting.

• Editorial Standards
• Reprints & Permissions

Join The Conversation

One Community. Many Voices. Create a free account to share your thoughts. 

Forbes Community Guidelines

Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.

In order to do so, please follow the posting rules in our site's  Terms of Service.   We've summarized some of those key rules below. Simply put, keep it civil.

Your post will be rejected if we notice that it seems to contain:

• False or intentionally out-of-context or misleading information
• Insults, profanity, incoherent, obscene or inflammatory language or threats of any kind
• Attacks on the identity of other commenters or the article's author
• Content that otherwise violates our site's  terms.

User accounts will be blocked if we notice or believe that users are engaged in:

• Continuous attempts to re-post comments that have been previously moderated/rejected
• Racist, sexist, homophobic or other discriminatory comments
• Attempts or tactics that put the site security at risk
• Actions that otherwise violate our site's  terms.

So, how can you be a power user?

• Stay on topic and share your insights
• Feel free to be clear and thoughtful to get your point across
• ‘Like’ or ‘Dislike’ to show your point of view.
• Protect your community.
• Use the report tool to alert us when someone breaks the rules.

Thanks for reading our community guidelines. Please read the full list of posting rules found in our site's  Terms of Service.

Essays and Short Answer Prompts

The Penn application process includes a personal essay —which is sent to most schools you apply to—as well as a few short answer prompts . We read your words carefully, as they are yet another window into how you think, what you value, and how you see the world. Through your writing, we get a glimpse of what you might bring to our community—including your voice and creativity. 

Remember, you are the expert on your story. This is an opportunity for you to reflect and understand who you are now, and who you want to be in the future. You have the agency to choose the information you want to share. This is your story: your experiences, your ideas, your perspective.   

A Few Writing Tips

• Review the prompts thoroughly.  Be sure you’re answering the question or prompt being asked. Topics are chosen because the Admissions Committee wants to know specific things about you. If you don’t address them directly, we are left to make decisions regarding your application with incomplete information. 
• Consider your response carefully.  We understand that you may be writing responses for different schools and you may want to reuse material, but be sure to read through your response to make sure it is relevant to the prompt. 
• Double-check your writing.  Give yourself time to revisit your response. Try to avoid rushing your writing process so you have time to revise your work. Ultimately, it is up to you to polish and proofread your writing before you submit. 
• Do your research. Are there classes you’re eager to take? Research opportunities you’d love to pursue? A group or club you want to be a part of? This kind of specificity shows us you’re serious about Penn and have thought about how you’d spend your time here. 

2023-24 Short Answer and Essay Prompts

When answering these prompts, be precise when explaining both why you are applying to Penn and why you have chosen to apply to that specific undergraduate school. Some of our specialized programs will have additional essays to complete, but the  Penn short answer prompts should address your single-degree or single-school choice.  

• Write a short thank-you note to someone you have not yet thanked and would like to acknowledge. (We encourage you to share this note with that person, if possible, and reflect on the experience!) (150-200 words, not required for transfer applicants) 
• How will you explore community at Penn? Consider how Penn will help shape your perspective, and how your experiences and perspective will help shape Penn. (150-200 words) 
• The school-specific prompt is unique to the school to which you are applying. (For example, all applicants applying to the College of Arts and Sciences will respond to the prompt under the “College of Arts and Sciences” section). Considering the undergraduate school you have selected for your single-degree option, please respond to your school-specific prompt below.  

Transfer Essay (required for all transfer applicants): Please explain your reasons for transferring from your current institution and what you hope to gain by transferring to another institution. (4150 characters) 

Undergraduate School-Specific Short Answer Prompts

For students applying to coordinated dual-degree and specialized programs, please answer this question about your single-degree school choice; your interest in the coordinated dual-degree or specialized program may be addressed through the program-specific essay.  

Penn Nursing intends to meet the health needs of society in a global and multicultural world by preparing its students to impact healthcare by advancing science and promoting equity. What do you think this means for the future of nursing, and how do you see yourself contributing to our mission of promoting equity in healthcare? (150-200 words) 

To help inform your response, applicants are encouraged to learn more about  Penn Nursing’s mission and how we promote equity in healthcare . This information will help you develop a stronger understanding of our values and how they align with your own goals and aspirations. 

The flexible structure of The College of Arts and Sciences’ curriculum is designed to inspire exploration, foster connections, and help you create a path of study through general education courses and a major. What are you curious about and how would you take advantage of opportunities in the arts and sciences? (150-200 words) 

To help inform your response, applicants are encouraged to learn more about the  academic offerings within the College of Arts and Sciences .  This information will help you develop a stronger understanding of how the study of the liberal arts aligns with your own goals and aspirations. 

Wharton prepares its students to make an impact by applying business methods and economic theory to real-world problems, including economic, political, and social issues.  Please reflect on a current issue of importance to you and share how you hope a Wharton education would help you to explore it.  (150-200 words) 

To help inform your response, applicants are encouraged to learn more about  the foundations of a Wharton education . This information will help you better understand what you could learn by studying at Wharton and what you could do afterward. 

Penn Engineering prepares its students to become leaders in technology, by combining a strong foundation in the natural sciences and mathematics, exploration in the liberal arts, and depth of study in focused disciplinary majors. Please share how you hope to explore your engineering interests at Penn. (150-200 words) 

To help inform your response, applicants are encouraged to learn more about  Penn Engineering and its mission to prepare students for global leadership in technology . This information will help you develop a stronger understanding of academic pathways within Penn Engineering and how they align with your goals and interests. 

Coordinated Dual Degree and Specialized Program Essay Prompts

For students applying to coordinated dual-degree and specialized programs, please answer the program-specific essay below. 

** Numbers marked with double asterisks indicate a character count that only applies to transfer students applying through Common App.  

Why are you interested in the Digital Media Design (DMD) program at the University of Pennsylvania? (400-650 words / 3575 characters**) 

We encourage you to learn more about the DMD: Digital Media Design Program . 

The Huntsman Program supports the development of globally minded scholars who become engaged citizens, creative innovators, and ethical leaders in the public, private, and non-profit sectors in the United States and internationally. What draws you to a dual-degree program in business and international studies, and how would you use what you learn to contribute to a global issue where business and international affairs intersect? (400-650 words) 

The LSM program aims to provide students with a fundamental understanding of the life sciences and their management with an eye to identifying, advancing, and implementing innovations. What issues would you want to address using the understanding gained from such a program? Note that this essay should be distinct from your single degree essay. (400-650 words) 

• Explain how you will use the M&T program to explore your interest in business, engineering, and the intersection of the two. (400-650 words) 
• Describe a problem that you solved that showed leadership and creativity. (250 words) 

Describe your interests in modern networked information systems and technologies, such as the internet, and their impact on society, whether in terms of economics, communication, or the creation of beneficial content for society. Feel free to draw on examples from your own experiences as a user, developer, or student of technology. (400-650 words / 3575 characters**) 

Discuss your interest in nursing and health care management. How might Penn's coordinated dual-degree program in nursing and business help you meet your goals? (400-650 words) 

How do you envision your participation in the Vagelos Integrated Program in Energy Research (VIPER) furthering your interests in energy science and technology? Please include any past experiences (ex. academic, research, or extracurricular) that have led to your interest in the program. Additionally, please indicate why you are interested in pursuing dual degrees in science and engineering and which VIPER majors are most interesting to you at this time. (400-650 words) 

PickAScholarship.com

• Scholarships Essays
• Scholarships for online students
• Scholarships for first-generation students
• Scholarships for women in STEM
• Scholarships for international students in the USA
• PhD Scholarships
• Master Scholarships
• Bachelor Scholarships
• Vocational Scholarships
• United States Scholarships
• Canada Scholarships
• Australia Scholarships
• France Scholarships
• Netherlands Scholarships
• United Kingdom Scholarships
• Austria Scholarships
• Denmark Scholarships
• Finland Scholarships
• Germany Scholarships
• India Scholarships
• Ireland Scholarships
• New Zealand Scholarships
• Russia Scholarships
• Spain Scholarships
• Sweden Scholarships
• Switzerland Scholarships

Writing Persuasive Scholarship Essays: Tips and Techniques

Applying for scholarships can be a daunting process for many students. One of the most crucial components of an application is the scholarship essay. A well-crafted essay can set a candidate apart from others, showcasing their unique qualities, experiences, and aspirations. Writing a persuasive scholarship essay requires careful planning and implementation of several key techniques. This article offers tips and techniques for writing compelling scholarship essays.

Understanding the Prompt

Before putting pen to paper, it is essential to understand the scholarship essay prompt. Essay prompts can vary significantly, and each requires a tailored response. Always read the prompt multiple times to grasp the specific question or topic fully. Breaking down the prompt into simpler terms can also help in better understanding it.

If the essay prompt asks for personal experiences, reflect on moments that define the candidate’s journey. For prompts focused on future goals, it is crucial to align the aspirations with the scholarship’s objectives. Understanding the prompt’s requirements helps in directing the content and ensuring that the essay remains focused and relevant.

Researching the Scholarship

It is equally critical to research the scholarship provider. Each scholarship has its own values, mission, and priorities. Whether it is a foundation dedicated to academic excellence, community service, or innovation, knowing what the organization stands for can help tailor the essay. This research can provide insights into the qualities and achievements that the selection committee values most.

An applicant should demonstrate how their goals align with the scholarship provider’s mission. This alignment shows that the candidate is not only deserving but also shares common values with the organization, making a stronger case for their selection.

Creating a Strong Introduction

The introduction sets the tone for the entire essay. It should grab the reader’s attention and make them want to read further. One effective method is starting with a compelling anecdote or a thought-provoking question. This technique engages the reader’s interest right from the beginning.

Furthermore, it is important to clearly state the purpose of the essay in the introduction. This provides a roadmap for the readers, helping them understand what to expect in the coming paragraphs. Clarity and conciseness are key to a strong introduction.

Crafting a Personal Narrative

A scholarship essay should tell a story. It should reflect the candidate’s personal journey, challenges, and triumphs. This storytelling approach makes the essay more relatable and memorable. A good narrative goes beyond merely stating facts; it shows emotions, growth, and transformation.

The essay should highlight specific instances that illustrate the candidate’s qualities or achievements. These instances should be relevant to the scholarship criteria. It is not just about what was achieved, but how it was achieved and what it meant on a personal level. This personal touch can make a significant impact on the reader.

Emphasizing Achievements and Goals

Clearly outlining achievements and future goals is crucial. The candidate should demonstrate how their past accomplishments have prepared them for future endeavors. These achievements should be presented in a way that aligns with the scholarship’s objectives.

For example, if the scholarship emphasizes leadership, the candidate should focus on leadership roles and initiatives they have undertaken. Providing concrete examples and quantifiable results can make these achievements more convincing.

Discussing future goals is equally important. The candidate should explain how the scholarship will help them achieve these goals. This connection shows that the candidate has a clear vision and plan, making their application more compelling.

Maintaining a Clear Structure

A well-structured essay is easier to read and understand. It should have a clear introduction, body, and conclusion. Each paragraph should have a single main idea, supported by relevant examples and details.

Transitions between paragraphs should be smooth, guiding the reader through the essay seamlessly. Using headings and subheadings can also help organize the content, ensuring that the key points are easy to identify.

Demonstrating Passion and Commitment

Readers of scholarship essays are often looking for candidates who are passionate and committed. The essay should convey genuine enthusiasm for the field of study or cause. This passion can be reflected through personal anecdotes, experiences, and future aspirations.

Describing specific actions taken to pursue the candidate’s interests can also demonstrate commitment. Whether it is volunteering, participating in related extracurricular activities, or taking additional courses, these actions show dedication and drive.

Editing and Proofreading

Editing and proofreading are critical steps in the writing process. An essay with grammatical errors, typos, or awkward sentences can negatively impact the reader’s perception of the candidate. Multiple rounds of editing can help catch errors and improve the overall quality of the essay.

Reading the essay aloud can also help identify issues with flow and coherence. Often, sentences that look fine on paper may sound awkward when read aloud. Additionally, seeking feedback from teachers, mentors, or peers can provide valuable insights and suggestions for improvement.

Adhering to Guidelines and Deadlines

It is essential to adhere to the scholarship’s guidelines and deadlines. This includes following word limits, formatting requirements, and submission procedures. Not adhering to guidelines can result in disqualification, regardless of the essay’s content quality.

Deadlines should be noted and planned for well in advance. Rushed essays often lack quality and coherence. Starting early gives ample time for brainstorming, writing, and revising, leading to a more polished final product.

Concluding the Essay

The conclusion should effectively summarize the main points of the essay. It should reiterate the candidate’s qualifications and aspirations, leaving a lasting impression on the reader. A strong conclusion ties the essay together, reinforcing the candidate’s suitability for the scholarship.

Including a call to action or a final thought can also enhance the conclusion. It should leave the reader with a sense of completeness and satisfaction, encouraging them to consider the candidate favorably.

Using Authentic Voice

Authenticity is a crucial element in a persuasive scholarship essay. The essay should reflect the candidate’s true self, rather than what they think the selection committee wants to hear. Authenticity builds trust and resonates more with the reader.

It is important to avoid clichés and overused phrases. Instead, the candidate should focus on their unique experiences and perspectives. Writing in a natural, conversational tone can help convey authenticity and make the essay more engaging.

Balancing Humility and Confidence

Striking the right balance between humility and confidence can be challenging. Candidates need to highlight their achievements and qualifications confidently, without coming across as arrogant. At the same time, it is important to acknowledge the role of other factors, such as support from family or mentors, in their success.

Showing gratitude and recognizing the contributions of others can reflect well on the candidate’s character. This balance ensures that the essay is both compelling and relatable.

Addressing Potential Weaknesses

Addressing potential weaknesses proactively can be a smart strategy. If there are gaps or less impressive areas in the applicant’s record, explaining them candidly can work in their favor. It shows self-awareness and a willingness to learn and grow from past experiences.

For example, if there is a period of lower academic performance, the candidate can explain the reasons behind it and how they overcame the challenges. This approach can turn a potential negative into a demonstration of resilience and determination.

Incorporating Feedback

Feedback from others can provide new perspectives and suggest improvements that the candidate might not have considered. Sharing the essay with teachers, peers, or mentors can offer constructive criticism on content, structure, and style.

Feedback should be taken positively and used to refine and enhance the essay. However, it is also important to stay true to the candidate’s voice and not make changes that compromise authenticity or personal touch. Balancing feedback with personal insight is key to maintaining the essay’s integrity.

Practicing Regularly

Writing is a skill that improves with practice. Regularly practicing writing essays on different prompts can help candidates build confidence and hone their writing techniques. This practice can also aid in developing a more effective writing style and voice.

By practicing, candidates can experiment with different approaches and identify what works best for them. This preparation can also help reduce anxiety and make the actual essay-writing process smoother and more efficient.

Final Review and Submission

Before submitting the essay, a final review is essential. This review should focus on ensuring that the essay aligns with the prompt, adheres to guidelines, and is free from errors. Reading the essay from the perspective of the selection committee can help identify areas for improvement.

Once satisfied with the final product, the candidate should ensure all required materials are complete and properly formatted. Timely submission is crucial, as late submissions are often not considered, regardless of the essay’s quality.

Writing a persuasive scholarship essay involves a combination of understanding the prompt, effective storytelling, clear structure, and authentic voice. By following these tips and techniques, candidates can create compelling essays that highlight their strengths, aspirations, and suitability for the scholarship. Practicing regularly and seeking feedback can further enhance their writing skills, increasing their chances of success in securing the scholarship.

We also recommend reading the following:

• 10 Master Scholarships for Kenyan Students to Study Abroad in 2022
• Top 30 Most Competitive Scholarships for International Students
• 5 SECRETS TO WIN ANY SCHOLARSHIP

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Popular Scholarships Tips Articles

Up to $10,000 Lester B. Pearson Full Scholarships 2022-2023 at the University of Toronto

$28,840 Doctoral Arts Scholarship at the University of Adelaide

WORLD NOMADS SCHOLARSHIPS TO WRITE TRAVEL CHRONICLES ABOUT PORTUGAL

$250 MasterCard Foundation Rural Prosperity Competition 2022

$18,000 Undergraduate Scholarship at Brock University, Canada 2023

2021/2022 SABANCI UNIVERSITY UP TO $6,000 FULLY-FUNDED SCHOLARSHIPS IN TURKEY

How to get scholarships to study abroad without wasting your time this year

5 Affordable Universities in Ireland for International Students

Rural Undergraduate Scholarships for Australian Students, 2022

Top 20+ Commonwealth Scholarships 2022

Load More Popular Scholarships Tips Articles

Search for more Scholarships