Economics essays are required on exams for individuals pursuing economics or other related fields. They are used as an opportunity for scholars to demonstrate their understanding of key concepts, theories and relevant bodies of knowledge and their application to real-life scenarios.

Due to the nature of economics as a discipline, essays on economics are some of the most engaging. They are quite technical and must consider many factors in developing their arguments.

This is an important consideration when it comes to essay writing. Such essays have to focus on certain areas which determine their quality.

What is an economic essay?

An economics essay is a cause-and-effect analysis of how supply influences human consumption and vice versa. The area of human experience affected by economics is as broad as the variety of products and services people use. The major problem for this type of essay writer will be determining the scope of the central theme he wishes to address. For example, it would not be possible to talk about salaries in general, but a dissertation on why salaries should or should not be raised is very much possible.

How to write an essay on economics

The various steps involved in writing an economics essay include:

a) Identifying Essay Requirements: The Economics Essay Questions are examined in this step to determine the essay's expectations. As mentioned above, this step usually seeks to identify specific areas in the essay question that must be addressed.

b) Researching the Essay Topic: In this step, you should thoroughly research the essay topic using resources like textbooks, magazines and online sources. The research essay should be within the scope of the question and should cover all relevant concepts, theories and bodies of knowledge.

You should learn about the issue and assess its suitability as material for an economics essay.

c) Creating a thesis statement is critical in writing an economics essay. It provides an impact on the essay. Therefore, the thesis statement should reflect the essay question shortly.

This should be the rallying point for all of the points throughout the essay and should be one or two sentences long.

d) Developing a rough draft involves compiling information from selected research resources to generate a logical argument. You should locate general themes from relevant resources and combine such information to develop multiple points that support the essay's arguments.

It emphasizes putting together all the evidence available to support the essay. Proper references must support evidence. Data, statistics, and examples should be included to make arguments more convincing.

e) Writing the Introduction: It is time to develop the introduction with the relevant essay points. This step involves briefly describing the essay's arguments and the scope of the answers.

The introduction should begin with a bold statement to capture the reader's interest and end with a thesis statement.

f) Compiling the essay points: This step requires you to organize your points to form a coherent argument(s) that support the thesis. The points should be compiled starting from the strongest. You should consider the correct essay structure in this step, especially within paragraphs.

g) Writing the conclusion: This step needs you to summarize the essay's significant points. Finally, it should conclude by restating the thesis statement.

h) Proofreading: This is the final step and should involve reading the essay to ensure that the essay question is answered correctly, there are no grammatical mistakes, and the essay is coherent.

How to Structure an Economics Essay?


Statement about the context of the question - explain why the question is essential (either in the 'real' world or for the discipline of economics)

give your answer to the question

Summarize your argument in support of this answer - this summary should match the order of your paragraphs.

Main Body

Decide on the most logical order of your paragraphs – this could be significance, chronology or causality, but the basic flow should be simple and precise.

Begin each paragraph with a sentence that addresses the question itself - this will be your thesis for the paragraph. If a reader only reads the first few words, they should make sense and provide an overview of your argument.

Follow the first 'subject' sentence with your explanation and proof of the first assertion's correctness. Again, be specific, not general. The more details you can bring up, the more expert you'll sound and the more persuasive your argument will be.


Summarize your argument again - just as you did in the introduction (different words, though!).

Revise Your Answer to the Essay Question

So what? - explain how your answer has significance in the 'real' world or the discipline of economics.

Final Words

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