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International Economics
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What is International Economics?

International economics examines how countries trade goods and services, manage currencies, and coordinate financial policy across borders. It appears in undergraduate and graduate economics curricula alike, often bridging macroeconomics, political science, and business strategy. The field is academically rich because it forces students to weigh competing national interests against global efficiency, exploring concepts such as comparative advantage, trade policy, and international monetary relations. Topics like import and export dynamics, foreign exchange, and the role of institutions such as the Bank for International Settlements give the subject both theoretical depth and real-world urgency.

Student papers on this topic take a wide range of approaches. Some focus on country-specific case studies, examining the economic crisis of Japan in the 1990s or the development trajectory of South Korea. Others adopt comparative or theoretical angles, applying frameworks like the Prisoner's Dilemma to challenges such as global warming and international cooperation. Policy-oriented essays assess the efforts of international financial institutions to address monetary instability, while industry-level analyses look at how firms operate across regions or how specific trade flows — such as imported tea in the United States — affect domestic production, prices, and jobs.

A strong essay in international economics begins with a clearly scoped thesis that connects a specific country, institution, or market to a broader economic principle. Evidence drawn from trade data, production figures, import and export trends, and demand analysis tends to carry the most weight. One common pitfall is treating comparative advantage or other core concepts as self-evident without explaining how they apply to the specific case being argued — always ground abstract theory in concrete, well-defined examples.

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Research Paper Undergraduate
South Korea's economic growth, natural resource dependence, and social challenges
The international context is subjected to numerous changes that not only affect the greatest powers of the world, but also the more insignificant players on the global scene. The palette of examples in this sense is…
Paper Undergraduate
Bank for International Settlements: Role and Global Impact
The Bank for International Settlements (BIS) is an international organization which fosters international monetary and financial cooperation and serves as a bank for central banks.
Paper High School
South Korea's Economic Growth: From $100 GNP to Global Power
The economic growth of Republic of South Korea over the past decades has been prominent. Per capita Gross National Products (GNP) was only $100 in 1960s but is now close to $20,000.
Paper Doctorate
Prisoner's Dilemma and the Fight Against Global Warming
Global warming reached alarming levels and governments from all over the world need to gather in a united front to fight the process. Sooner or later, all countries will be obliged to enter this fight, leaving all…
Research Paper Undergraduate
Nestlé Purina PetCare: Global Environment Analysis
Purina is headquartered in the United States, but operates throughout the globe in no less than thirty-eight countries. The company we know today resulted from a 2001 merger between Ralston Purina Company and a subsidy…
Paper Doctorate
Trade Barriers: Economic Bases and Effects on Free Trade
International business is a trade relations between two or more countries. Economic theory reveals that there is a welfare gain by promoting international trade within the economy. Despite the benefits that could be derived from international trade, countries are still implementing trade barriers policy. Analysis of trade barriers policy reveals that disadvantages of trade barriers outweigh its benefits. Countries should implement free trade policy to enhance efficient allocation of scarce resources within the economy
Paper Undergraduate
Trade Restrictions, Tariffs, and Sanctions in International Trade
How do international sanctions, tariffs, quotas, and trade restrictions affect international trade and costs of production?
Paper Undergraduate
U.S. Involvement in Sudan's Civil War and Darfur Crisis
The resent past has seen violence and heartbreak in the African nation of Sudan, and in order to avoid the bloodshed of another major civil war between the North and the South, the United Nations, with involvement from…
Paper Undergraduate
Understanding the Home Bias Puzzle in Investing
The home bias in investing is defined as the tendency of investors toward domestic equities -- or even equities from their immediate geographic region. The puzzle aspect of home bias is that empirical evidence has…
Paper Doctorate
IR Theory and United Nations Peacekeeping Contributions
The focus of this article is to provide an analysis of how international relations theory explains the contribution of the United Nation to peace. This paper begins with an analysis of the field of international relations and the explanation of the international relations theory. The next part of the paper provides an outlook of the theory as related to the UN peacekeeping. The final section describes how the theory explains United Nations contribution to peace.