Economics Assignment Topics

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Development economics: Development economics is an economics branch that is concerned mainly with improving the fiscal, social, and economic conditions of the countries that are developing. There are several factors that development economics studies, such as the health status of the country, education, working ratio, employment, unemployment, market statistics, and economic conditions of a country. The subject studies mainly four different types of economies which are traditional economies, command economies, mixed economies, and market economies. No country can develop in the blink of an eye, and hence the students are taught different macro and micro factors that are considered while studying development economics. Various authors have published different stages of development, one of the most popular out of which is Rostow’s stages of development. The stages are as follows:

1. Traditional society
2. Pre-conditions to take-off
3. Take-off
4. Drive to maturity
5. Age of high mass consumption

• Applied economics: Applied economics, as the name itself suggests, focuses on the application of solutions in real life. Applied economics studies the usage of different insights that are gained from economic theory and research. This is studied to help economists make better decisions and solve problems in real life. Different sectors in economics applied economics concentrate. Applied financial economics, applied agricultural economics, applied labor demographic economics, applied health economics, etc., are some crucial sectors. There are issues in every sector of the growing and developing economy. Applied economics covers all these genres and helps the students understand various avenues and solutions to these problems. Some essential subjects in applied economics include computer application in applied economics, energy economics, development economics, security analysis, and portfolio management.
• Econometrics: Econometrics is a practical application of statistical and mathematical data that is used by economists to develop theories and test the hypothesis of economics. The subject provides tools for enabling the user to saturate useful information about essential policies of economics. Econometrics is divided into two major sub-categories that include theoretical econometrics and applied econometrics. Econometrics has a vast job prospectus in the future for the students who could excel in learning the subject.
• Public economics: Public economics is a subject that is really intriguing and interesting for the students studying it. Public economics focuses on the study of the policies and the theory of the welfare of the public. As the name itself suggests, public economics is most concerned with the betterment of the policies for the public. It studies the student’s needs of the public in an efficient manner. Public economics focuses on the efficient and effective introduction of policies and procedures in favor of public welfare.
• Health economics: Health economics is a significant part of economics as a whole. This subject studies a branch of economics related to the issues of the health of the public in an economy. There are several measures that the government is expected to take for the betterment of the health conditions of an economy. This is an essential subject for economics students as it helps them understand the various requirements and the compulsions that the government must fulfill to enhance the health system of an economy. Health economics helps the students develop the most required information, which is necessary to make decisions about the funding of health care and systems. The government is bound to spend for the betterment of the economy, health economics studies the diversion of funds in an efficient manner.

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