What Are The Best Current 5 Topics In Economics?

The ultimate goal of economic research is to raise people's standard of living. Economists explore how best to use the limited resources available today in order to maximize value and hence returns. Today's economics is mainly concerned with opportunity costs, consumption, production, borrowing, saving, investment, jobs and employment, trading markets, pricing and how people make financial decisions.

Many students of economics find it difficult to choose the best topic for their bachelor's, master's or diploma thesis, because economics deals with a wide range of societal problems and there's a plethora of research papers in the literature. The pace of change and globalisation has accelerated due to technological development, opening up new areas of economics to study. You can use the list of topics for economics papers compiled by our economists to find the ideal topic for your paper.

The following are some of the topics we've come across recently:

1. How do globalization and trade liberalization affect inequality and labor markets?

2. The causes of the productivity decline that's hit most countries despite technological advances such as the internet and computers.

3. Misallocation of the means of production in underdeveloped countries. What're the causes of misallocation and what can be done to stop it? Why is the extent of misallocation so much higher in developing countries? What're the short- and long-term effects of misallocation?

4. Factors preventing strong growth in emerging economies. Why do firms in developing countries not expand as much as in developed countries? Even companies that have access to credit show low development. How can this be explained?

5. What're the likely long and short term consequences of public spending and infrastructure development for development? What role do roads, public services and electricity play in raising incomes and creating jobs in emerging economies?

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