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Economics Undergraduate Honors Theses

Examples of honors theses written by economics undergraduate students.

Posted with permission of the author. © 2019-2022 by the individual author. All rights reserved.

• "The Causal Effect of ACA Subsidies on Insurance Coverage Status Among California Adults"  - William Vereyken
• "Economic Impacts of Immigration Detention Centers Built Between 1990-2016 on U.S. Commuting Zones"  - Ekaterina Yudina

Spring/Summer 2022

• "The Impact of Indiv. Mandate on High-Income, Non-elderly Indiv. Health Insurance Coverage Rates and Racial/Ethnic Disparities"  - YeJin Ahn
• "An Economic Analysis of the 1997 Amhara Land Redistribution in Ethiopia"  - Ezana Anley
• "Affirmative Action's Effect on Educational and Wage Outcomes for Underrepresented Minorities"  - Vishnu G. Arul
• "Are the Effects of Racism Really That Black and White? A Study on the Effect Racism Has on the Productivity of Black   Footballers in the Premier League"  - Advik Banerjee
• "An Empirical Analysis of Industrial Concentration and Prices: Can We Blame Inflation on Corporate Greed?"  - Anton Bobrov
• "Tax Revenue Cyclicality and Income Inequality: Evidence from U.S. Counties From 1989 to 2019"  - Yiyang Chen
• "The Impact of Economic Opportunities on African American Migration Patterns in Oakland"  - Fernando Cheung
• "Impact of Tech Companies on Wages in the Local Economy"  - Niki Collette
• "Warm Welcome: Evidence for Weather-based Projection Bias in College Choice"  - Maria Cullen
• "Impact of the Belt and Road Initiative on Bilateral Trade with China"  - Pedro de Marcos
• "Renaissance of the Black Homeowner: Impact Evaluation of Michigan's Renaissance Zones"  - Rupsha Debnath
• "Lockdown Blues: The Effect of Social Norms on the Psychological Cost of Unemployment During the COVID-19 Pandemic"  - Dylan Hallahan
• "How Education Affects Health Outcomes Across Genders"  - Jessica Li
• "Is Increasing Diversity Inclusion Effective in Improving Companies' Performance in the Financial Services Industry?"  - Miranda Li
• "The Future Financial Status of the Social Security Program"  - Chloe Manouchehri
• "Does Recreational Marijuana Legalization Affect Hard-Drug Use? - Evidence from Cocaine Prevalence and Treatment Admissions"  - Arthur Weiss
• "Relationship Between Economic Status and Money Spent on Private Education Leading to Economic Inequality in South Korea"  - Jiho Lee
• "The Impact of Migrant Remittances on Rural Labor Supply: Evidence from Nepal"  - Amanda Wong
• "Confirmation Bias: The Role of Messages and Messengers"  - Hongyu (Randol) Yao

Spring 2021

• "Gender Equality and Economic Growth: Solving the Asian Puzzle"  - Zoya Ali
• "Women in STEM: Moving Up or Falling Off the Academic Career Ladder?"  - Sophia J. Bai
• "Time Dependence in Okun's Law at the State Level" - Sarah Baig
• "Labor Regulation and the Impact on Firm Behavior in India" - Vatsal Bajaj
• "Gender Representation in Academia: Evidence from the Italian Education System Reform" - Oyundari Batbayar
• "Money & Marriage on the Elementary Mind: A High-Level Analysis of Inequitable Child Development in LA County" - Matthew J. Chang
• "Unanticipated Unemployment Rate News on the Stock Market" - David Chi
• "Should Physicians Be More Collaborative? Determining the Relationship Between Patient Participation and Treatment Plan Confidence Across a Spectrum of Illness Severity in the State of California" - Saif Chowdhury
• "Modeling Optimal Investment and Greenhouse Gas Abatement in the Presence of Technology Spillovers" - Sabrina Chui
• "Understanding the Influence of Marginal Income Tax Rates on Retirement Investment Habits"  - Daniel Cohen
• "Infrastructure in India's Internal War: A District-Level Analysis of the Naxalite-Maoist Conflict" - Krunal Desai
• "Do Eucalyptus Trees Increase Wildfires?"  - Lila Englander
• "Understanding the Labor Outcomes of Hurricane Sandy" - Kevin Fang
• "Does TikTok Show Viewers the Content Relevant to them?" - Ekaterina Fedorova
• "The Impact of the Affordable Care Act Dependent Care Provision on Long-term Young Adult Labor Market Choices" - Anne Fogarty
• "Orchestra Sex Disparity: Experimental Evidence from Audience Members" - Richard Gong
• "The Big Three Medical Price Indexes: A Comparative Review and Analysis"  - Robert Hovakimyan
• "Effect of Value-Added-Services on Customer Reviews in a Platform Marketplace" - Shankar Krishnan
• "COVID19 Recession: Gender Layoff Gap Explodes" - Ember Lin-Sperry
• "The Gender Wage Gap in China: Learning from Recent Longitudinal Data" - Donghe Lyu
• "Local Graduation Policies as a Tool for Increasing College Eligibility: Evidence from Los Angeles" - Dan L. Ma
• "Trust in Government and Lockdown Compliance in Sub-Saharan Africa" - Charles McMurry
• "I Do (or Don't): The Impact of Same-Sex Marriage Laws on International Tourism" - Oliver McNeil
• "International Shipping Consequences of a Navigable Arctic" - Jack Melin
• "Investigating Dollar Invoicing Trends Using United Kingdom Export Data" - Aneesh Nathani
• "Micro-Level Impact of Initial Public Offerings on Bay Area Housing Inflation" - Mina Nezam-Mafi
• "Explaining EU's Oil Dependency Through the Response of the Portuguese Sector Indexes to Brent Oil Prices Fluctuations" - Pedro S. Nunes
• "Dynamic Incentives and Effort Provision in Professional Tennis Tournaments" - Ruiwen Pan
• "Examining the Effects of Minimum Wage Laws on Part-Time Employment" - Odysseus Pyrinis
• "The Great Indian Identity Crisis? Exclusions & Intersectionality in the Indian Aadhaar System" - Aditi Ramakrishnan
• "The 'Clutch Gene' Myth: An Analysis of Late-Game Shooting Performance in the NBA"  - Can Sarioz
• "Estimating the Impact of Artificial Intelligence on Jobs Within the Healthcare Industry" - Sidharth Satya
• "Factors Influencing Telehealth Utilization: Evidence from California" - Emily Schultz
• "Cash and Conflict: Evidence from the Indian Banknote Demonetization" - Nachiket Shah
• "Determinants of the Number of Anti-Government Demonstrations: Evidence from OECD Countries" - Nina Singiri
• "Hygiene Heroes: A Process Evaluation of Promoting Hygiene Practices in Tamil Nadu Schools" - Malika Sugathapala
• "Exploring the Labour Patterns of Women and Mothers Through the COVID-19 Pandemic: The Impact of School Closures and a New Kind of Recession"  - Renee Isabel Utter
• "How Have Socioeconomic Achievement Determinants Changed in the Past Decade for First-Generation Chinese Immigrants in the U.S." - Haolin Wang
• "The Impact of Quarantining on School Enrollment: Evidence from the Ebola Epidemic in Sierra Leone" - David Willigrod
• "Weeding out Needy Households and Welcoming the Better Off? Impacts of Transactional Barriers on SNAP Participation Rates" - Kevin Woo
• "Are Soccer Teams Being Inefficient? An Analysis of Sunk Cost Fallacy and Recency Bias Using Transfer Fee" - Junru Lyu
• "The Effects of Access to Family Planning Facilities on Female Labor Market Outcomes"  - Marcus Sander
• "Macroeconomic Volatility at the Zero Lower Bound: Evidence from the OECD" - Anthony Swaminathan
• "How are Society's Conditions and Demographics Related to the Popularity of Chief Executive Carrie Lam  and the Hong Kong Government"  - Peter To

Spring/Summer 2020

• "Parental Involvement: The Differential Impacts of Consent and Notice Requirements for Minors' Abortions" - Angela Ames
• "Examining Local Price Levels and Income Distribution Over Time" - Josh Archer
• "Estimating the Effect of Grandparent Death on Fertility" - Jason Chen
• "Democracy in the Face of COVID-19: Have Less Democratic Countries Been More Effective at Preventing the Spread of This Pandemic ?" - Yi Chen
• "Understanding the Effects of Conditional Cash Transfers on Indigenous People in Mexico" - Arushi Desai
• "Microfinance and Payday Lending: Are they Solving a Problem or Creating One?" - Sophia Faulkner
• "The Risk-Taking Channel of Monetary Policy and Foreign Banks" - Noah Forougi
• "Ride of Die? Metropolitan Bikeshare Systems and Pollution" - Sean Furuta
• "Internet's Important Involvement in Information Industry Integration in Idaho, Iowa, Illinois, Indiana (and others): How the emerging internet affected the economic geography of the information industry" - Keming (Alex) Gao
• "The Relationship between Economic Crises and Long-Run Wealth Inequality" - Renuka Garg
• "Voter Bias in the Associated Press College Football Poll : Reconducting a 2009 study with new data in a $1 Billion-dollar industry that has seen significant changes in the past decade"  - Brent Hensley
• "Monopsony Exploitation in Major League Baseball: Using Wins Above Replacement to Estimate Marginal Revenue Product" - Jacob C. Hyman
• "The Relationship Between Currency Substitution and Exchange Rate Volatility" - Jewon Ju
• "Efficiency, Bias, and Decisions: Observations from a Sports Betting Exchange" - Alexander Kan
• "The Effect of Medicaid Expansion on Substance Use Disorder Treatment Utilization: Evidence from the Affordable Care Act" - Christy Kang
• "Analyzing the Relationship between Personal Income Tax Progressivity and Income Inequality" - Gevorg Khandamiryan
• "The Effects of Occupancy Taxes on the Short-Term Rental Market: Evidence from Boston" - Alan Liang
• "Corporate Types and Bank Lending in Contractionary Era: Evidence from Chinese Listed Companies" - Zishen Liu
• "Financial Constraints on Student Learning: An Analysis of How Financial Stress Influences Cognitive Function in Children" - Simone Matecna
• "The Effect of Workplace Inspections on Employment and Sales - A Regression Discontinuity Analysis" - Jeseo Park
• "Lending Sociodynamics, Economic Instability, and the U.S. Farm Credit Crisis" - Erfan Samaei
• "The Effect of Intangible Assets on Value Added: Evidence from microdata across small and large firms in Europe" - Tamara Sequeira
• "Price Efficiency Differences Between Public and Private Utilities: An Empirical Analysis of US Electric Utilities" - Yechan Shin
• "Effect of Campus Shootings on Academic Achievement: Examination of 2014 Isla Vista Killings" - Min Joo (Julie) Song
• "First-Degree Price Discrimination: Evidence from Informal Markets in India" - Rishab Srivastava
• "Who Benefits From Gentrification? A Case Study of Oregon Public High Schools" - Namrata Subramanian
• "Estimating the Economic Impacts of Wealth Taxation in France" - Jeffrey Suzuki
• "Transit-Oriented Development or Transit-Oriented Displacement? Evaluating the Sorting Effect of Public Transportation in Los Angeles County" - Yeeling Tse
• "How State Abortion Policy Restrictiveness is Associated with Unintended Pregnancy Outcomes in the United States from 2014-2018" - Ruhee Wadhwania
• "Global Food Security and the El Niño-Southern Oscillation"  - Aidan Wang
• "The Relationship Between Pharmaceutical R&D Spending and NME Development" - Taylor Wang
• "The Role of Individual Risk Attitude in Occupational Inheritance" - Yi Wang
• "Labor Market Segmentation: Evidence from U.S. Janitorial Jobs Advertised in English and Spanish" - Zijun Xu
• "Bias on the Brain: How Patient Gender Influences Use of Emergency Room Diagnostic Imaging" - Abigail Zhong
• "Age Effects, Irrationality and Excessive Risk-Taking in Supposedly Expert Agents" - William Aldred
• "Pricing Disparities for Minority Communities in Chicago: Rideshares and Taxis" - Matthew Cleveland
• "Where My Negros At? Evaluating the Effects of Banning Affirmative Action on Black College Enrollment" - Ellie Koepplinger
• "Race and Recession: How Minorities May Affect Downturns" - Alexander Szarka
• "Understanding the Effects of Canadian International Food Aid on Production and Trade" - Patrick D. Tagari
• "Urban Property Rights and Labor Supply in Peru: Heterogeneity Analysis by Gender and Educational Attainment" - Juan Sebastián Rozo Vásquez
• "Effect of High-Speed Rail on City Tourism Revenue in China: A Perspective on Spatial Connectivity" - Lingyun Xiao

Archives (2009-2019)

The impact of the COVID-19 pandemic on socio-economic and sustainability

• Research Article
• Open access
• Published: 15 July 2021
• Volume 28 , pages 68251–68260, ( 2021 )

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• Xueli Wei 1 , 2 ,
• Lijing Li 1 &
• Fan Zhang 1  

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Pumping elephant

The COVID-19 pandemic has adversely affected the lives of people around the world in millions of ways . Due to this severe epidemic, all countries in the world have been affected by all aspects, mainly economic. It is widely discussed that the COVID-19 outbreak has affected the world economy. When considering this dimension, this study aims to examine the impact of the COVID-19 pandemic on the world economy, socio-economics, and sustainability. In addition, the research focuses on multiple aspects of social well-being during the pandemic, such as employment, poverty, the status of women, food security, and global trade. To this end, the study used time series and cross-sectional analysis of the data. The second-hand data used in this study comes from the websites of major international organizations. From the analysis of secondary data, the conclusion of this article is that the impact of the pandemic is huge. The main finding of the thesis is that the social economy is affected by the pandemic, causing huge losses in terms of economic well-being and social capital.

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Introduction

As the new coronavirus rages and affects people on all continents exponentially, the entire world is in a state of panic and pain. It is difficult to point out that a country has not been affected by this deadly virus. Few single epidemics have a serious and lasting impact on the world economy, global health, and human life as a whole.

The Great Influenza Pandemic broke out from 1918 to 1920, which was considered as the fourth-largest macroeconomic shock that affected the economy adversely after the two World Wars and The Great Depression (Barro and Weng 2020 ). It has been found using geographic mortality variation that during the pandemic of 1918, the areas of the USA which were exposed to the pandemic experienced a persistent and steep decline in the economic activities (Sergio et al. 2020 ; Sundararaj et al. ( 2018 ) Rejeesh 2019 ; Sundararaj et al. 2018 ; Vinu 2019 ; Sundararaj 2016 ; Tiwari et al. 2021 ; Sundararaj and Rejeesh 2021 ).

The world is expected to face a severe recession even if the spread of the virus is controlled. The effects of this pandemic will haunt mankind for several years in terms of employment, health care systems, income, and human development.

Even though not many people are dying due to the infection of the deadly virus, the number of people that are being affected in a region are causing health systems to break down resulting in more deaths. To deal with the COVID-19 outbreak, strong prevention measures such as strengthening the immune system and improving the proper sanitary conditions which are often lacking in most middle- and low-income countries should be stressed. Thus, the people at the lowest rung of the economy are more vulnerable to the virus. Developing countries were already facing shortage of funds to undertake developmental and infrastructure projects. Due to the pandemic, more funds are now being allotted to emergency health care systems making these projects all the more difficult to undertake. Generally, 3–4% of the gross domestic product of a country is spent on costs related to illnesses resulting from high fatality scenarios, especially during the pandemic times. It is found that the percentage is higher for extreme pandemics (Smith et al. 2009 ).

To contain the spread of the virus, most countries have implemented lockdown measures. However, lockdown measures have severely affected the economy and a large number of people. Several people lost their jobs while several others are undergoing pay-cuts, which is affecting the income of their respective families. Essential services such as logistics have been halted due to the strict measures implemented in the pandemic times. Even education is being compromised, and, as a result, schools, colleges, and universities are closed. If widespread behavioral changes take place due to the lockdown and large-scale absence from work is persistent, the economic damage will be far greater than the health benefits (Smith et al. 2009 ).

Economic conditions across the world are also in a state of destitution. Global production has suffered, along with various service industries primarily including tourism and airlines, due to strict lockdown measures. Since the future is uncertain, investment rates will remain low. However, private investments will be extremely important, especially in developing countries because governments are already running out of funds, as they are dealing with the pandemic and will thus be unable to take up investment projects.

Social and humanitarian aspects of the pandemic are also causing stress and anxiety in the public. Women, children, and the elderly are highly exposed to the virus, as they are among the weaker sections of the society and thus are more vulnerable. The lockdown has also compromised the safety of women, and increased cases of domestic violence have been reported. Refugees, informal sector workers, and the unemployed often find it hard to access government-provided health care schemes and other benefits. It is noted that the above listed people were the most affected by the pandemic.

Therefore, the COVID-19 situation has left its mark on every part of our society and has changed our way of life forever.

Materials and methods

Data description.

Quarterly GDP

Gross domestic product (GDP) is the standard measure of the value-added created through the production of goods and services in a country. As such, it also measures the income earned from the production or the total amount spent on final goods and services (fewer imports). While GDP is the most important indicator to capture economic activity, it falls short of providing a suitable measure of people’s material well-being for which alternative indicators may be more appropriate. This indicator is based on real GDP (also called GDP at constant prices or GDP in volume), i.e., the developments over time are adjusted for price changes. The numbers are also adjusted based on seasonal influences. The indicator is available in different measures: percentage change from the previous quarter, percentage change from the same quarter of the previous year, and volume index. All OECD countries compile their data according to the 2008 System of National Accounts (SNA).

Unemployment rate

Unemployment rate forecast is defined as the projected value for the number of unemployed people as a percentage of the labor force, where the latter consists of the unemployed plus those in paid or self-employment. Unemployed people are those who report that they are without work, that they are available for work, and that they have taken active steps to find work in the last 4 weeks. When unemployment is high, some people get discouraged and stop looking for work; they are then excluded from the labor force.

Global activity indicator

Air pollution is the change in NO2 emissions from January 1 to May 28 in 2019 and 2020.

Retail and recreation mobility is the change in percent from May 21, 2020, from baseline, which is the median value for the corresponding day of the week during the 5-week period January 3–February 6, 2020, based on data from Google.

Flight cancellations show the cancellations relative to total planned flights based on comparing currently operating flights in 2020 with flights that were operating 52 weeks ago in 2019 as of May 27, 2020.

OpenTable reservations show the change in seated dinners at restaurants on the OpenTable network on May 27 in 2019 and 2020.

This study employs out both time series and cross-sectional analysis of data. The data used in this study are secondary and have been sourced from the websites of major international organizations.

Let us look at the effects of the COVID-19 pandemic on various aspects of sustainability and social economy.

Global poverty is defined as the share of the population of the world earning less than 1.9 dollars a day.

The World Bank estimates that the COVID-19 pandemic will push about 40 to 60 million people into extreme poverty (Gerzon Mahler et al. 2020 ). The Global Economic Prospects (World Bank 2020 ) forecast two scenarios of the effect that the pandemic might have on poverty. One in which the outbreak remains at the current expected level and economic activities recover during the latter part of this year and another in which the outbreak continues for a longer period of time to force the introduction and furthering of lockdown measures. The former will contract global growth by about 5% in 2020 while the latter will lead to a growth contraction of 8%.

Figure 1 shows the quarterly GDP for the first quarter of 2020 for 41 countries based on the availability of data (see Table 1 in the Appendix for tabulated values) (OECD 2020a ).

Quarterly GDP for 2020

Figure 2 shows the aggregate OECD GDP for a period of 21 years (2000–2020) (see Table 2 in the Appendix for tabulated values) (OECD 2020a ).

Aggregate OECD GDP

If the outbreak persists, vulnerable households will reduce consumption by a great margin and firms in critical conditions will exit markets. Increased financial stress will be experienced by middle- and low-income countries.

For the first time, global poverty is forecasted to increase, since 1998. It is forecasted that it will increase to 8.6% in 2020 from 8.2% in 2019. In absolute terms, the number will rise to 655 million people from 632 million (Sumner et al. 2020 ).

Global growth is also forecasted to fall by the World Bank.

Figure 3 shows the aggregate growth rates calculated using GDP weights at 2010 prices and market exchange rates for 12 years (2010–2021) (data for 2019 are estimates) (see Table 3 in the Appendix for tabulated values) (Global Economic Prospects 2020 ).

Global growth rates

OECD Economic Outlook projects the global GDP to fall in 2020 by more than 7%. In OECD countries, the situation is worse. OECD GDP is forecasted to fall by more than 9% in 2020. Under the single hit scenario, global GDP is anticipated to drop by 6% and OECD GDP by more than 7% in 2020. In the second quarter of 2020, world output is forecasted to be more than 12% lower than in the previous quarter (OECD 2020b ).

Unemployment

Employment is a primary aspect of sustainable development in any society. It is essential for people to have respectable jobs for them to enjoy the growth of the economy (Osmani 2003 ; Monia and Rim 2018 ; Kabanda 2016 ;Messkoub 2018 ; Alauddin 2016 ; Padovan et al. 2019 ).

The coronavirus pandemic has exposed the world to the biggest decline in employment since the Second World War. Since all activities came to a halt due to the global pandemic, employment experienced a massive and halting blow. Most people working in the informal sector have a little or no savings at all. Due to the recent COVID-19 crisis, they lost almost 60% of their income (World Bank Predicts Sharpest Decline of Remittances in Recent History 2020 ).

Figure 4 shows the unemployment rate for the first quarter of 2020 for 31 countries based on the availability of data (see Table 4 in the Appendix for tabulated values) (OECD 2020b ).

Unemployment rate for countries

Figure 5 shows the aggregate unemployment rate in OECD countries for a period of 21 years (2000–2020) (see Table 5 in the Appendix for tabulated values) (OECD 2020c ).

OECD employment rates

The lockdown has been in effect in several countries along with school and workplace closures, travel restrictions, and social distancing policies. By the beginning of April, almost 81% of the total workforce in the world experienced workplace closures. Even though these measures were necessary, they adversely affected firms and workers.

Figure 6 shows the percentage change in global activities indicators around the world, namely, air pollution retail and recreation mobility, flight cancellations, and OpenTable reservations (see Table 6 in the Appendix for tabulated values) (Global Economic Prospects 2020 ).

Percentage change in global activity indicators

The ILO (International Labour Organization) has projected the global work hours around the world to decrease by 4.5% in the first quarter of 2020 and 10.5% in the second amounting to 305 million workers working 48 h a week. This outpaces the fall in employment during the Global Financial Crisis of 2008–09 (ILO 2020 ).

The impact on women

Seventy percent of the people working in the health care and social sector are women (United Nations 2020 ). Front-line health workers including nurses and midwives are mostly women. They also form a majority of the service staff in the health care sector like laundry, catering, and cleaning. Thus, they are more vulnerably exposed to the virus.

Women undertake thrice as much unpaid work as men. The situation is projected to get worse under the COVID-19 pandemic because children will remain out of school, older persons will require attentive care, and the health service will collapse under severe conditions of the pandemic (UN Women Headquarters 2020 ).

Women generally live close to poverty and hold insecure jobs. They earn less and save less. The compounded economic hardships resulting from the pandemic will thus have severe effects on women.

Gender-based violence is increasing exponentially with social isolation measures and restrictions in movement. Due to the lockdown effect, women are being forced to stay at home with their abusers. Also, services to offer assistance to the survivors are also being disrupted, in these pandemic times. Various countries around the world have reported an increase in the number of complaints related to domestic violence.

Women have unique health needs. However, they have lost access to quality health services, reproductive and maternal health care, and essential vaccines and medications. Gender stereotypes and restrictive social norms can also adversely affect the accessibility of health services to women.

Global trade

Because of the coronavirus pandemic, global trade is also experiencing a halting effect. It is estimated that within the first quarter of 2020 the volume of goods and services traded have suffered a fall of 3%. This is because international travel has been restricted to contain the spread of the virus.

Demand has collapsed and supplies disrupted due to the cessation of international travel. International freight traffic in 2020 has been 30% lower than that of the previous year and international passenger traffic is 98% lower than the previous year.

Global export figures reached an all-time low in April 2020 and remained weak throughout May. Almost all the countries reported significant declines in trade values. Countries with relatively light containment measures are also suffering because of reduced external demand due to the pandemic.

UNCTAD nowcasts for global trade values in the first quarter of 2020 fell by 3% with respect to the previous quarter.

UNCTAD’s Free Market Commodity Price Index (FMCPI) lost 1.2% of its value in January, 8.5% in February, and 20.4% in March. The FMCPI never fell by 20% in a single month before this. The closest case was during the time of the Global Financial Crisis of 2008–09 when it decreased by 18.6% (Back-of-the-Envelope Estimates of Next Quarter’s Unemployment Rate 2020 ; COVID-19 and the St. Louis Fed 2020 ; Possible Fiscal Policies for Rare, Unanticipated, and Severe Viral Outbreaks 2020 ; COVID-19 2020b ; Inanc 2020 ; St-Denis 2020 ; Social Distancing and Contact-Intensive Occupations 2020 ; Adams-Prassl et al. 2020 ; Dasgupta and Murali 2020 ).

Food security

Under the present circumstances, the COVID-19 pandemic will double the number of people facing food crisis. UN forecasts that 265 million people in middle- and low-income countries are at the risk of facing acute food insecurity by the end of 2020. At present, 135 million people are acutely facing food security. They are spread across 55 countries across the world and are in urgent need of humanitarian food and nutrition assistance (UNWTO reports 2020; Unwto Reports 2020; COVID-19 2020a ). They are the most vulnerable to the virus as they have little or no capacity to deal with the socio-economic and health aspects of the pandemic (FSIN. Global Report on Food Crises 2020 ; Global Report on Food Crises 2020 ; HLPE 2020 ).

Countries suffering from acute food security are facing a terrible trade-off between saving people from the virus and to have them die from hunger. The health systems in these countries are already overstretched with an acute shortage of equipment, doctors, and medicines. The poorer sections of the society often lack sufficient financial means to access health care and/or live in remote areas where these services never reach.

Food insecure people generally have higher rates of underlying health problems including malnutrition and other non-communicable diseases which weaken the immune system and make these people more vulnerable to the coronavirus. Movement restrictions, strained health systems, and falling incomes have increased rates of malnutrition especially among lactating and pregnant women, children, and the elderly. Families which entirely rely on the feeding programs of schools to fill food gaps are also on the verge of facing acute food insecurity.

Even though the 2020 harvest has been good and the outlook for stable crops is quite promising, movement restrictions have disrupted the transport and processing of food crops along with other essential items. The availability of basic food items has also been compromised due to increased delivery times.

We can thus conclude that the most severe effects of the COVID-19 pandemic have been felt by the weaker sections of the society including women, the unemployed, and the poor. The virus has left its mark on all aspects of social well-being and has adversely affected the sustainability of the earth. Keeping in mind the huge amount of losses different sectors had to incur due to the pandemic, careful measures must be taken to fight the current pandemic and prevent future pandemics. The worst affected areas of the social economy include poverty, employment, women’s well-being, and global trade. These are perhaps the most important aspects of human development and the pandemic undid most advancement made in these sectors.

Data availability

The datasets used and/or analyzed during the present study are available from the corresponding author on reasonable request.

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134 Economics Thesis Topics: Ideas for Outstanding Writing

Writing a thesis is not an easy task. For most of the students, it can be even intimidating, especially when you do not know where to start your research.

Here, we have provided an economics thesis topics list. After all, everyone knows that choosing the right idea is crucial when writing an academic paper. In economics, it can combine history, math, social studies, politics, and numerous other subjects. You should also have solid foundations and a sound factual basis for a thesis. Without these elements, you won’t be able to master your research paper.

The issue is:

It is not always clear what could be seen as an excellent economics thesis topic. Our experts can assist you with this challenge. This list contains some outstanding examples to get you started.

• ⭐ Thesis in Economics
• 🔥 Supreme Thesis Topics
• 👍 Bachelor’s Thesis
• 😲 Master’s Thesis

📊 Microeconomics

📈 macroeconomics.

• 🤔 Developmental
• 👨‍💼 Behavioral
• 💼 Financial
• 🌱 Agricultural
• 🤝‍ Sociology
• 📚 Ph.D. Topics
• 📝 How to Pick a Topic

⭐ What Does a Thesis in Economics Look Like?

A good thesis in economics is a blend between an empirical paper and a theoretical one. One of the essential steps in choosing a topic in economics is to decide which one you will write.

You may write, research, analyze statistical data and other information. Or build and study a specific economic model.

Or why not both!

Here are some questions you can ask when deciding what topic to choose:

• What has already been written on this topic?
• What economic variables will my paper study?
• Where should I look for the data?
• What econometrics techniques should I use?
• What type of model will I study?

The best way to understand what type of research you have to do is to write a thesis proposal. You will most probably be required to submit it anyway. Your thesis supervisor will examine your ideas, methods, list of secondary and primary sources. At some universities, the proposal will be graded.

After you get the initial feedback, you will have a clear idea of what to adjust before writing your thesis. Only then, you’ll be able to start.

🔥 Supreme Economics Thesis Topics List

• Fast fashion in India.
• The UK housing prices.
• Brexit and European trade.
• Behavioral economics.
• Healthcare macroeconomics.
• COVID-19’s economic impact.
• Global gender wage gap.
• Commodity dependence in Africa.
• International trade – developing countries.
• Climate change and business development.

👍 Economics Bachelor’s Thesis Topics

At the U.S. Universities, an undergraduate thesis is very uncommon. However, it depends on the Department Policy.

The biggest challenge with the Bachelor’s Thesis in economics concerns its originality. Even though you are not required to conduct entirely unique research, you have to lack redundant ideas.

You can easily avoid making this mistake by simply choosing one of these topics. Also, consider visiting IvyPanda essays database. It’s a perfect palce to conduct a brainstorming session and come up with fresh ideas for a paper, as well as get tons of inspiration.

• The impact of the oil industry on the economic development of Nigeria. The oil industry is vital for the economic development of Nigeria. In this thesis, students can discuss the notion of the resource curse. Analyze the reasons why general people are not benefiting from the oil industry. Why did it produce very little change in the social and economic growth of the country?
• Sports Marketing and Advertising: the impact it has on the consumers.
• Economic opportunities and challenges of investing in Kenya .
• Economic Development in the Tourism Industry in Africa. Since the early 1990s, tourism significantly contributed to the economic growth of African countries. In this thesis, students can talk about the characteristics of the tourist sector in Africa. Or elaborate on specific countries and how their national development plans look like.
• Globalization and its significance to business worldwide .
• Economic risks connected to investing in Turkey .
• The decline in employment rates as the biggest American economy challenge .
• The economics of alcohol abuse problems. In this thesis, students can develop several essential issues. First, they can examine how poverty is connected to alcohol abuse. Second, they can see the link between alcohol consumption and productivity. To sum up, students can elaborate on the economic costs of alcohol abuse.
• Causes and solutions for unemployment in Great Britain.
• Parallel perspective on Global Economic Order: China and America. This thesis can bring a comparative analysis of the economies to a new level. China and The US are the world’s two largest economies. These two countries have a significant impact on the global economic order. So, looking at the set of institutions, policies, rules can be constructive.
• The new international economic order after COVID-19
• Financial stability of the banking sector in China.
• New Electronic Payment Services in Russia.
• The influence of culture on different entrepreneurial behaviors.
• The impact of natural cultural practices on entrepreneurial activity.
• The relationships between national culture and individual behavior.
• The main reasons for salary inequalities in different parts of the U.S.

😲 Economics Master’s Thesis Topics

Student life can be fascinating, but it comes with its challenges. One of which is selecting your Master’s thesis topic.

Here is a list of topics for a Master’s thesis in economics. Are you pursuing MPhil in Economics and writing a thesis? Use the following ideas as an inspiration for that. They can also be helpful if you are working on a Master’s thesis in financial economics.

• The impact of visual aid in teaching home economics.
• The effect of income changes in consumer behaviors in America.
• Forces behind socio-economic inequalities in the United States. This thesis can explore three critical factors for socio-economic differences in the United States. In the past 30 years, social disparities increased in the United States. Some of the main reasons are technology, trade, and institutions.
• The relationships between economic growth and international development.
• Technological innovations and their influence on green and environmental products.
• The economics of non-solar renewable energy .

• The economic consequences of terrorism . Terrorism not only takes away lives and destroys property but also widely affects the economy. It creates uncertainty in the market, increases insurance claims, slows down investment projects, and tourism. This thesis can address all of the ways in which terrorism can affect economies.
• Corporate Social Responsibility (CSR) implementation in the Oil and Gas Industry in Africa.
• Use of incentives in behavioral economics.
• Economic opportunities and challenges of sustainable communities .
• Economics of nuclear power plants.
• Aid and financial help for emerging markets. This topic is very versatile. Students can look at both the positive and the adverse effects that funding has on the development. There are plenty of excellent examples. Besides, some theories call international help a form of neocolonialism.
• Multinational firms impact on economic growth in America .
• The effect of natural disasters on economic development in Asia.
• The influence of globalization on emerging markets and economic development.

📑 More Economics Thesis Topics: Theme

For some students, it makes more sense to center their search around a certain subject. Sometimes you have an econ area that interests you. You may have an idea about what you want to write, but you did not decide what it will be.

If that’s the case with you, then these economics thesis topics ideas are for you.

• An analysis of the energy market in Russia.
• The impact of game theory on economic development.
• The connection between minimum wage and market equilibrium.
• Gender differences in the labor market in the United States. This topic can shed light on gender differences in the labor market in the United States. In the past years, the overall inequality in labor in the markets decreased. However, there is still a lot of work that can be done.
• Economic reasons that influence the prices of oil .
• Relationship between the Lorenz curve and the Gini coefficient.
• Challenges of small businesses in the market economy.
• The changes in oil prices: causes and solutions . Universal economic principles do not always apply to the sale and purchase of the oil. The same happens with its cost. In the thesis, talk about what affects the prices. What are the solutions that can be implemented?
• The economic analysis of the impact of immigration on the American economy.

• Economic inequality as a result of globalization . Economic inequality becomes even more apparent on the global level. There is a common belief that globalization is the cause of that. Discuss what can be the solutions to these problems. This topic is vital to minimize the gap between the rich and the poor.
• The economic explanation of political dishonesty .
• Effect of Increasing Interest rates costs in Africa .
• The connection between game theory and microeconomics.
• Marketing uses in microeconomics.
• Financial liability in human-made environmental disasters.
• Banks and their role in the economy. Banks are crucial elements of any economy, and this topic covers why. You can explain how banks allow the goods and services to be exchanged. Talk about why banks are so essential for economic growth and stability.
• Inflation in the US and ways to reduce its impact.
• The connection between politics and economics.
• Income Dynamics and demographic economics.
• US Market Liquidity and macroeconomics.
• Macroeconomics and self-correction of the economy .
• The American economy, monetary policy, and monopolies .
• The importance of control in macroeconomics. One of the central topics in macroeconomics is grouped around the issue of control. It is quite reasonable that control over money and resources should become a topic of discussion.
• Analysis of Africa’s macroeconomics and its performance.
• Economics of education in developing markets.
• Problems and possible solutions for Japan macroeconomics .
• Comparative analysis of British macroeconomics concerning the US .
• Public policies and socio-economic disparities.
• The world problems through macroeconomic analysis. Indeed, macroeconomics is very complicated. There are many influences, details, and intricacies in it. However, it allows economists to use this complex set of tools to examine the world’s leading problems today.

• The connection between employment interest and money.

🤔 Development Economics

• Economics of development . This topic is very rich in content. First, explain what it is. Then pay particular attention to domestic and international policies that affect development, income distribution, and economic growth.
• The relation between development and incentive for migration.
• The impact of natural disasters on the economy and political stability of emerging markets.
• The economic consequences of population growth in developing countries.
• The role of industrialization in developing countries . The industrialization has been connected with the development. It promotes capital formation and catalyzes economic growth in emerging markets. In this thesis, you can talk about this correlation.
• Latin American economic development.
• Gender inequality and socio-economic development .
• Problems of tax and taxation in connection with economic growth.
• The economic impact of terrorism on developing markets.
• Religious decline as a key to economic development. Not everyone knows, but a lot of research has been done in the past years on the topic. It argues that decreased religious activity is connected with increased economic growth. This topic is quite controversial. Students who decide to write about it should be extra careful and polite.

👨‍💼 Behavioral Economics

• Risk Preferences in Rural South Africa.
• Behavioral Economics and Finance .
• Applied behavioral economics in marketing strategies. If you want to focus your attention on marketing, this topic is for you. Behavioral economics provides a peculiar lens to look at marketing strategies. It allows marketers to identify common behaviors and adapt their marketing strategies.
• The impact of behavioral finance on investment decisions.
• Behavioral Economics in Child Nutrition Programs in North Texas.
• Guidelines for Behavioral Economics in Healthcare Sector.
• Cognitive and behavioral theories in economics .
• Cross-cultural consumer behavior and marketing communication. Consumers are not only affected by personal characteristics, but also by the culture they are living in. This topic focuses on the extent it should determine marketing strategy and communication.
• Behavior implications of wealth and inequality.

• Optimism and pessimism for future behavior.

💼 Financial Economics

• Financial Economics for Infrastructure and Fiscal Policy .
• The use of the economic concept of human capital. Students can focus on the dichotomy between human and nonhuman capital. Many economists believe that human capital is the most crucial of all. Some approach this issue differently. Therefore, students should do their research and find where they stand on this issue.
• The analysis of the global financial crisis of 2020s. Share your thoughts, predictions, ideas. Analyze the economic situation that affects almost everyone in the world. This thesis topic will be fresh and original. It can help to start a good and fruitful conversation.
• The big data economic challenges for Volvo car.
• The connection between finance, economics, and accounting.
• Financial economics: Banks competition in the UK .
• Risk-Taking by mutual funds as a response to incentives.
• Managerial economics and financial accounting as a basis for business decisions.
• Stock market overreaction.

🌱 Agricultural Economics

• Agricultural economics and agribusiness.
• The vulnerability of agricultural business in African countries.
• Agricultural economics and environmental considerations of biofuels .
• Farmer’s contribution to agricultural social capital.
• Agricultural and resource economics. Agricultural and resource economics plays a huge role in development. They are subdivided into four main characteristics which in this topic, students can talk about: – mineral and energy resources; – soil resources, water resources; – biological resources. One or even all of them can be a focus of the thesis.
• Water as an economic good in irrigated agriculture.
• Agriculture in the economic development of Iran.
• The US Agricultural Food Policy and Production .
• Pesticides usage on agricultural products in California.

• An analysis of economic efficiency in agriculture. A lot of research has been done on the question of economic efficiency in agriculture. However, it does not mean there is no place for your study. You have to read a lot of secondary sources to see where your arguments can fit.

🤝‍Economic Sociology

• Theory, approach, and method in economics sociology.
• Economic sociology of capitalism. While economists believe in the positive effect capitalism has on the economy, the social effect is quite different. The “economic” part of the issue has been studied a lot. However, the sociology of it has been not. This thesis can be very intriguing to read.
• Political Economy and Economic Sociology.
• Gender and economic sociology .
• Progress, sociology, and economics.
• Data analysis in economics, sociology, environment .
• Economic sociology as a way to understand the human mind.
• Economic sociology of money.
• Economics, sociology, and psychology of security.
• Major principles of economic sociology. In the past decade, economic sociology became an increasingly popular field. Mainly due to it giving a new view on economics, human mind, and behavior. Besides, it explores relationships between politics, law, culture, and gender.

📚 The List of Ph.D. Topics in Economics

If you decide to go to grad school to do your Masters, you will likely end up getting a Ph.D. as well. So, with this plan in mind, think about a field that interests you enough during your Masters. Working with the same topic for both graduate degrees is easier and more effective.

This list of Ph.D. Topics in Economics can help you identify the areas you can work on.

• Occupational injuries in Pakistan and its effect on the economy. Injuries are the leading cause of the global burden of disability. Globally, Pakistan was ranked 9th populated country with a large number of unskilled workers. In this dissertation, consider the link between occupational injuries and their effects on the economy.
• The study of the Philippines’ economic development.

• Financial derivatives and climate change .
• Econometric Analysis of Financial Markets.
• Islamic Banking and Financial Markets .
• Health economics and policy in the UK.
• Health insurance: rationale and economic justification. In this dissertation, students can find different ways to explain and justify health insurance. Starting to philosophical to purely economic grounds. In the past years, there was a lot of discussion regarding the healthcare system for all. What are some of the economic benefits of that?
• Colombian economy, economic growth, and inequality.
• Benefits of mergers and acquisitions in agribusiness.
• Methods to measure financial risks when investing in Africa.
• The significance of financial economics in understanding the relationship between a country’s GDP and NDP.
• Network effects in cryptocurrency. Cryptocurrencies are not new anymore. However, it is still an original subject for a dissertation. Students can decide to choose several crypto coins and evaluate the importance of the network effect. This effect is particularly significant for Bitcoin. Explain why.
• The comparison of the Chinese growth model with the American growth model.
• An economic justification versus political expediency.
• Pollution Externalities Role in Management Economics .

📝 How to Select an Economics Thesis Topic

As your academic journey is coming to an end, it’s time to pick the right topic for your thesis. The whole academic life you were preparing to undertake this challenge.

Here is the list of six points that will help you to select an economics thesis topic:

• Make sure it is something you are genuinely interested in. It is incredibly challenging to write something engaging if you are not interested in the topic. So, choose wisely and chose what excites you.
• Draw inspiration from the previous student’s projects. A great place to start is by looking at what the previous students wrote. You can find some fresh ideas and a general direction.
• Ask your thesis advisor for his feedback. Most probably, your thesis advisor supervised many students before. They can be a great help too because they know how to assess papers. Before meeting with your professor, do some basic research, and understand what topic is about.
• Be original, but not too much. You do not want to spend your time writing about a project that many people wrote about. Your readers will not be interested in reading it, but your professors as well. However, make sure you do not pick anything too obscure. It will leave you with no secondary sources.
• Choose a narrow and specific topic. Not only will it allow you to be more original, but also to master a topic. When the issue is too broad, there is just too much information to cover in one thesis.
• Go interdisciplinary. If you find yourself interested in history, philosophy, or any other related topic, it can help you write an exceptional thesis in economics. Most of your peers may work on pure economics. Then, the interdisciplinary approach can help you to stand out among them.

Thank you for reading the article to the end! We hope this list of economics thesis topics ideas could help you to gather your thoughts and get inspired. Share it with those who may find it useful. Let us know what you think about it in the comment section below.

🔗 References

• Economics Thesis Topics List: Seminars Only
• How To Pick A Topic For Your Economics Research Project Or Master’s Thesis: INOMICS, The Site for Economists
• What Do Theses and Dissertations Look Like: KU Writing Center, the University of Kansas
• Writing Economics: Robert Neugeboren with Mireille Jacobson, University of Harvard
• Economics Ph.D. Theses: Department of Economics, University of Sussex Business School, IDEAS_RePEc
• World Economic Situation and Prospects 2018: United Nations
• Undergraduate Honors Theses: Department of Economics, University of California, Berkeley
• Economics Department Dissertations Collection: Economics Department, University of Massachusetts Amherst
• Topics for Master Theses: Department of Economics, NHH, Norwegian School of Economics
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A very well written, clear and easy-to-read article. It was highly helpful. Thank you!

Thanks for your kind words! We look forward to seeing you again!

For research

Excellent research

These are very helpful and concise research topics which I have spent days surfing the internet to get all this while. Thanks for making research life experience easier for me. Keep this good work up.

Glad to hear that! Thank you for your feedback, Idris!

Thank you, Idris!

I wants it for msc thesis

The dilemma I faced in getting Thesis proposal for my M Phil programme is taken away. Your article would be a useful guide to many more students.Thank you for your guidance.

Thanks for the feedback, John! Your opinion is very important for us!

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Ionut Johnny

Corey Lofdahl

Socio-Cultural Analysis (SCA) has evolved rapidly over the past decade as conflicts in Afghanistan and Iraq have forced the DOD to reappraise the techniques used to collect information about the populations in conflict zones. As these two major conflicts wind down, the DOD must recognize that SCA must evolve again due the changing responsibilities of phase zero operations while preparing for future conflicts. Given the challenges of declining DOD budgets while improving our SCA capabilities, the chapters in this white volume describe many of the issues facing the DOD for phase zero operations and collecting the socio-cultural information necessary should conflicts escalate. Most of the chapters’ discussions were heavily influenced by LTG Flynn et al.’s “Left of bang: The value of socio-cultural analysis in today’s environment” PRISM article. “Left of bang…” was also revised and included in the SMA/ERDC organized White Volume “National Security Challenges: Insights from Social, Neuro...

Professor Patrick F Walsh

This article explores whether qualitative research methodologies can help improve strategic analytical processes and products. Currently, in many intelligence agencies, cultural and organizational barriers restrain the development of better strategic intelligence. An emphasis on current intelligence is rewarded over longer-term strategic assessments. However, the demands of an increasingly number of complex emerging threats can only be partially met by current intelligence. Decision-makers also need a revitalized strategic analytical capability to help with policy planning. This article investigates whether further consideration should be given to improving strategic analytical skill sets by a greater adoption of qualitative social research methodologies by the intelligence enterprise.

The Routledge Handbook of Global Political Economy

Lester Cabrera Toledo

Stephen Marrin

See below for the Intelligence Studies Section program at the International Studies Association (ISA) conference, 16-19 March 2016 in Atlanta, Georgia. The Intelligence Studies Section is one of 28 thematic sections that make up the ISA, has approximately 350 members, and has been sponsoring research about intelligence as a function of government since the mid-1980s. Additional information can be found here: http://www.isanet.org/ISA/Sections/ISS.aspx This Intelligence Studies Section content (4 straight days...28 panels and roundtables) is one small part of ISA’s much larger conference. The full conference program is over 300 pages; find details at the full conference website here: http://www.isanet.org/Conferences/Atlanta-2016 As the chair of the Intelligence Studies Section, if you have any questions please contact me at [email protected] or [email protected] Regards, Dr. Stephen Marrin ISAT/Intelligence Analysis James Madison University http://www.isat.jmu.edu/people/marrin.html https://jmu.academia.edu/StephenMarrin

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