If you’re assigned an economic trends essay, you are probably familiar with the subject to some extent. Whether it is the case or not, this article will be helpful for you.
Let’s start with the economic trend definition. As you can see, it is a combination of two words that should be considered separately. An economy involves consumption, production, and exchange of goods and services between consumers and companies. Such actions help conclude and regulate how resources are allocated in a given area or globally. Besides, they are necessary to fulfill the demands and requirements of people.
In this context, the term trend can be defined as a prevailing tendency and general movement of a market or an asset’s price. It depends on the imbalance between demand and supply. Thus, economic trends refer to general developments or changes that affect the financial situation in a particular country or worldwide.
When you understand what you are dealing with, you can start researching this concept more profoundly. In this article, our IvyPanda experts have listed economic trend examples and tips. Moreover, you will find free samples written by other students.
Top 5 Economic Trends
To write a 100-word minimum essay about a trend in economics, you need good examples. You will also learn how to do thorough research to reflect current tendencies. Here, consider some relevant economic trends that you can explore in your paper:
U.S. recovery from the pandemics.
In the following years, the U.S. economy will continue recovering from the Coronavirus Pandemic. Since the new delta variant slowed the economy’s roaring, the Americans stopped using such services as restaurants and hotels again. Hurricane Ida has also affected economic growth in the country.
Older generations aren’t retiring.
The Great Recession and the lack of savings resulted in numerous older adults (>62 y.o.) still working. This amount of people is about to increase, making it the fastest-growing population of workers in the country. Some just love what they do, and some need money. Whatever the reason it is, economists claim that there are benefits from this phenomenon.
Digital transformation during pandemics.
The pandemic gives rise to opportunities for the technology sector. In the U.S. economy, it is the best performing on Wall Street. Recently, companies invested in touchless payment systems, retina reading displays, and health-related gadgets. The technology sector will be more robust than ever in the following years.
The automotive market is going to bounce back in 2022.
The recovery of the automotive market will continue. Sales volumes in 2021 have remained over 10% compared to 2019. The next years will also witness a greater penetration of electrification in the business sector. The benefits are not only economical but environmental.
Low-interest rates until 2023.
The interest rates are expected to stay low until the end of 2023. The Federal leaders project the rate between 0.75% and 1% and 1.5% and 1.75% by 2023. These low figures allow for the post-COVID-19 measures to stay in place.
Economic Trends Essay: Getting Started
As we’ve mentioned, you need to go through substantive research to write an excellent world trends essay in economics. Below, you will see how to start this task.
Find an idea to research. It should spark your interest, but more than that, it should aim to bring some fresh look into the subfield. First, you can do some passive reading to get inspired. Second, consider the constraints you have, such as due date, access to research, length, etc. Our research topic generator can help you with deciding on an idea.
Gather available sources. Economics research should start with looking for the relevant literature and other materials. Here is what we suggest as the starting point: Bloomberg, Hoovers, Wall Street Journal, EIU Databases, African Development Bank Data Portal, World Bank Data Portals.
Look through your sources. There are two types of essential economic resources: data and academic literature. Figures and graphs can easily translate information into an applicable form. At the same time, books and articles can help you arrange your ideas.
Prepare a literature review. It is a survey of academic sources on a topic. This step requires your understanding and critical analysis of the publications. As a result, your literature review should reveal what materials exist on the subject. Plus, it shows the job you have already accomplished.
Work on your hypothesis. Formulate a research question and demonstrate your approach to answering it. Remember that it should be based on the data you have found. Additionally, mention where you acquired the information. It is alright to change your hypothesis based on the findings. Yet, try not to make unsupported statements.
Create a plan. Bad timing can spoil even good ideas because you need to do everything with deadlines in mind. Here is the step-by-step plan: find your topic, start the research, write an outline, write a draft, revise, and edit.
Thank you for your attention. Read the samples below to find economic trends examples. Hopefully, they will be helpful for you. You can examine these samples faster by using the online summarizer.
The fundamental explanation of the Solow model is that simply the promptness of the technical growth is lasting for significant durable economic advancement.
In order to exhaustively evaluate the merits and demerits of an early retirement, it is important to consider the longtermview as opposed to a short term view.
This therefore dictates that it is advisable to support the idea of corporate social responsibility for the sake of one's prosperity as well as that of the society at large despite the cost that could [...]
Accordingly, the elasticity of demand may depend on the price, which in turn is dictated by the time of harvesting apples: moreover, the demand will be both for more expensive, high-quality, and fresh, and for [...]
In the first place, it is essential to make the government and local authorities to invest more into science. In conclusion, it is possible to note that commerce has a negative effect on development of [...]
Based on the information from Google Trends, the UK and New Zealand experienced varied overall demand for swimsuits and scarves due to the differences in location and consumer interest.
That is relevant for SEIIC since the company did not respond well to the political fluctuations The integration of religious accounting in the workplace is a significant HR trend in this field.
The economic model has undergone a radical metamorphosis since the eighteenth century, many inspired by the work of John Maynard Keynes, who described the possibilities of using fiscal and monetary policies of the state to [...]
This imply that the market must obey the law of supply and demand, which states that, when no one has the power to set prices, the interactions between the forces of supply and demand is [...]
The key ingredient of the free enterprise system is the right of individuals to make their own choices in the purchase of goods, the selling of their products and their labor, and their participation in [...]
Customers need to know the use of the collected information and the degree of protection of such data. The companies also need to secure their routers and those of their clients.
As the western world, led by the United States, later attained the control of the world long after the Second World War, the idea of putting the state at the centre of the economic functionality [...]
Taking into account that the wages of the world famous athletes changed in the period from 1983 top 1991, and comparing it to the present rates of sportsmen's salary, ) it can be considered that [...]
In the United States, the real GDP has been consistently increasing since the pandemic's peak in the second quarter of 2020, except for a slight decrease in the first and second quarters of 2022 due [...]
This paper will analyze trends for the years 2015, 2016, and 2017 of the United States Department of Transportation Security Administration, Homeland Security's Total Budget Authority, U. Appropriation of the Total Budget Authority is subject [...]
The described shortage in the equilibrium quantity of freight services illustrates Graph A and the shown process of price growth due to the lack of supply to meet the growing demand for transportation.
Research produced by the Institute for International Economics attempted to evaluate the benefits of free trade to the American economy. As such, according to the study, this issue is to be counterbalanced by more vigorous [...]
Thus, due to the nature of renewable energy sources and their low price, many people involved in the coal energy industry lost their jobs with no opportunity to integrate into new energy industries.
In the end, the San Diego Administration Government took control of the project and has been able to operate it successfully as a component of the open road system in the County.
After speculating on it, I concluded that the main implication of this book for leaders is that it is helpful to explore facts and past evidence in order to elicit patterns and make better decisions [...]
The method in which the hierarchical rank of parents is conveyed to their offspring is remarkably similar in research of female labor force participation in developed nations. Multinational Corporation is a corporation that has operations [...]
The United Kingdom is the leading actor and the main economic loser of Brexit. From the economic perspective, there are three main domains to measure Brexit's impact: the movement of the workforce, the trade of [...]
Secondly, it is economic integration and free trade agreements formed by the foundation of the European Union, the North American Free Trade Agreement, and the Eurasian Economic Community.
The preceding sentiment raises the question regarding the appropriateness or legitimacy of the forum non conveniens theory. In fact, the application of forum non conveniens is in the interest of the defendants.
The intention of the review, authors and the title of the article: This paper will review the views presented by the authors on business organizations and capitalism systems to draw informed and objective conclusion.
The purpose of this quantitative study is to measure the correlation between the addition of cash short-term direct private investment and Import Letters of Credit to Consumption.
The environment in the urban economies could also have contributed to the increasing production of health services. Production of goods has also increased in the urban economies.
The countries selected are India and UAE, the economic and financial environment of these countries will be assessed to determine the best company to choose as a partner for this endeavor. Identify the necessity and [...]
The analysis of the grocery stores in Jacksonville FL shows that there are certain differences in consumption patterns caused by race, class and family traditions. In sum, the analysis shows that social class and consumption [...]
To begin with, it is necessary to mention that the issues of international tourism and market segmentation in accordance with the traits of lifestyle generally play an ambivalent in the matters of contributing to cultural [...]
The current economic stagnation, instability of supply, and prices in the energy market all contribute to the need for special attention to the energy sector of the market.
All the members of the WTO are agreed on the point that they would reduce the tariffs but the rates under and after the negotiation were the bound tariff rates of the country rather than [...]
Any LBO and its outcome has strong bearing on the fortunes of at least three parties involved- the acquirer who goes for the LBO, the company or entity to be taken-over and the shareholders.
As seen from the graph above, the value of the Canadian apparel market is expected to increase from US$25. The second factor explaining the expansion of the Canadian apparel market is the fusion of clothes, [...]
It is common to associate the relationship between unemployment and college enrollment with the financial crisis of 2007-2008 and the Great Recession on the border of the 2000s-2010s.
The purpose of the study is to find out the impact of the production budget, the days of release, the number of theatres, opening gross, and seasons on the amount of revenue generated by movies.
The paper will first examine the trends in the consumption of tobacco leaf, cigarettes, and other tobacco products. Most of the growth in consumption of tobacco should be attributed to China.
In the last two decades, the world newspaper industry has faced a number of changes in the business environment, which has affected the performance on the global as well as regional or local levels.
In the last part of the article, the author focuses on the most innovative organizations in the world. By doing so, the firms will be in a position to prompt and integrate innovation.
Oil and cars are compliment goods, which are used together; thus if the price of oil per barrel goes up to $200 this means that the demand for new cars will reduce that is a [...]
In a competitive business environment, it is prudent for business managers to develop strategies that will enable their business establishments to thrive and maintain their customers. It is also critical to analyze the market trends [...]
Moreover, oscillations of the price of natural gas lead to significant changes in the market and can result in the appearance of the world financial crisis.
As the host of the first global EXPO held within the region of the Middle East, North Africa, and South Asia, the Dubai 2020 EXPO is expected to have a massive impact on the economy [...]
The proximate reasons were the need to conquer the world through colonialism that made it necessary for them to use their military and economic power to influence cultural and political structure of other countries around [...]
To be more precise, the redistribution of funds is one of the main features of the contemporary economy, and effective redirection of free funds is the key to its effectiveness.
These aspects have been seen to create dynamics for marketers in the insurance sector because they have continuously influenced the psychology and expectations of insurance consumers across the world.
Social Insurance: Social insurance is the type of compensation that is offered and controlled by a government for the people who are aged, handicapped, or unemployed.
This paper aims at making a recommendation to the management of my organization with respect to the analysis of various economic opportunities in the UK and China.
The work of the manager involves coordinating the marketing activities of the company in terms of finding a market for the products of the company, signing of sales agreements, coordinating the shipment of wheat to [...]
It also ensures that the regulations and directives of the union are adopted by the Parliament and the Council, and if not the offending party is taken to the Court of Justice by the Commission.
Ideally, neoliberalism is expected to harness and transform into operations the strategies that employ the language of the market, the competence, consumer preference, self independence and conventional thinking to move the risk from states and [...]
The demand for Pizza in this community is believed to be dependent on the population size, the income per house hold, price of Pizza and the demand of soda.
The domain of international business provides considerate challenges for the individual forms, for, in every part of the world, the tendencies of marketing are influenced by some inner tendencies and specific cultural ideas.
Aim To investigate the balance between Sustainable Construction and Project Success in the Current Economical Situation in the UK Objectives To understand the importance of sustainable construction both to the construction industry and the UK [...]
The dominant ideals that define the Chinese developments and adversity and which are constituted in the framework of the Beijing Consensus, have been the force behind the success of the next major icon in the [...]
In this notion the long term model is determined when the discount rate is zero since the value of the gain is the same even if it was obtained early or late in a sequence [...]
Despite the fact that it might seem as a harmonious unity of two companies, an alliance is, in fact, a form of rivalry in which each of the constituent companies fights for its interests.
It is therefore important to take necessary actions to achieve economic justice in a country so that the political, social, and economic stability of a country be attained.
Nonetheless, the success of the European low cost airline sector has increased because the airlines have exploited the growing demand for low cost airlines in Europe.
However, regardless of the causes of the crisis, the important thing is to find ways of addressing the concerns accordingly. The article confers the following cost containment strategies to cut on the overall employee benefits.
The tourist attraction will involve the creation of a moving hotel that will float on the ocean adjacent to the Ra's Ghanada lagoon where it displays some of the cultures in the area that Abu [...]
The unemployment rate increased due to various reasons such as uncertainty arising from the slow growth in the economy, current slide in the stock market and the debt crisis from the European region, which spooked [...]
In this regard, it can be argued that Weber's theory on the role of the bureaucratic institution has an application when it comes to the realisation of these benefits.
It is necessary to become more attentive to the use of derivatives, to follow the development of derivatives, and to study the peculiarities of each derivative's type in order to use them properly.
The challenge is to balance between the need to keep the public informed while protecting the subjects from any possibility of unjust or unfair harm as a result of the report.
To begin with, making ethical decisions require consideration of the facts, the subjects involved, the best approach to follow, the effect of the approach, and the examination of the whole process.
The free market policies of reform were favored in the 1980s, due to curtailed state intervention by political intervention as the decade came to a close after the collapse of the Communist bloc and the [...]
The trends in U.S.employment have changed because of numerous factors, connected with education and population growth, within a couple of decades; this is why some of the trends should be properly analyzed in order to [...]
They face the challenge to decide on the amount and forms of the new development that the society can confront so that not to put lives of the members of the community at risk.
Australia is one of the countries in the world where the majority of the people live in the urban areas. The changes in the government policies have also contributed to the change in the suburbanisation [...]
There are arguments that have been put forth in regard to the causes of poverty in various nations with some people saying that the governments in various nations are there to be blamed for their [...]
Pages: 4
Words: 1113
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