Good Macroeconomics Essay Topics Are Very Hard to Find
Macroeconomics is a broad field and much more general and applicable that its weaker cousin, microeconomics. The biggest difference is in the scope; while microeconomics concerns itself with the behavior of agents in an economy, macroeconomics is interested in how economies as a whole function and how they interact with each other in global markets. Each year, we gain more and more understanding of how goods and services are ultimately traded. Perhaps you could contribute to this frothing well of knowledge by looking into one of the following macroeconomic topics?
- 1. What happens when a much larger economy interacts with a small economy? What kind of exploitations occurs, and how is this related to the historic roots of imperialism, if any, between the two countries? Is wide scale economic exploitation present in today's world?
- 2. What kind of connection is there, if any, between macroeconomic activity and war? Yes, it is known by everyone that wars increase economic output of the countries involved for war materials, assume that their infrastructure has been left unharmed, but what predictors are there of war? Can we use these to prevent wars of the future?
- 3. What is the economic impact of the war on drugs? What kind of costs does it have directly on the United States economy, and what economic opportunity cost do we incur by putting many youth in jail? Abroad, there are many economic sanctions against drug trafficking South American countries by the United States, but what adverse or positive effects does this bring, especially considering that America is a huge purchaser of these black market services?
- 4. Speaking of black markets, what is the market of prostitution in the United States and other countries where it is illegal? What about these compared to the markets of countries where it is considered acceptable? Is there a way we can change this or make it for the better? What kind of effect to the particular morals of the countries involved has on the practice, macro economically speaking?
- 5. Many governments in the world carry debt. This has both positive and negative effects. What are there? What about countries that have their government deficit increase each year, is there any hope of it being brought back down again? What if government's debt spirals out of control, what then? What can we do about such impending issues, and is there anything that can be done to prevent societal collapse?