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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
Offshoring and Outsourcing Effects on the U.S. Labor Market
Outsourcing, as a business practice that started almost three decades ago, refers to delegating certain operations engaged in a company's internal production to external parties that are specialized in managing the…
Research Paper Undergraduate
U.S. Current Account Balance: Savings, Investment & Deficits
1a) the model presented illustrates that the current account is equal to net foreign investment. Net foreign investment and therefore the current account is equal to national saving less investment.
Research Paper Doctorate
China's 2004 Interest Rate Rise and US Economic Impact
China announced on Oct. 28, 2004 the first interest rate rise in nine years. In this manner, Beijing is showing its willingness to adopt additional market-oriented reforms in order to have a tighter macro-economic…
Paper Undergraduate
International Financial Crises and the IMF's Role in Resolution
Demand failures are a major economic problem, and one that cannot necessarily be addressed by cutting interest rates as once believed. Small economies, such as those known as the Asian "tigers" are not invulnerable to international speculation. They may, in fact, resist cutting their interest rates—raising them instead in an effort to keep their currencies from collapse. Failed economies financed poor investments with huge debt, and when the markets turned on their currencies—causing them to plummet—the foreign debt value grew astronomically causing an enormous number of companies to fail. The International Money Fund quickly identified the source of the crises as deeply structural and requiring fundamental financial reforms. Some pundits argue that the IMF should have focused more on the panic and less on reforms. Indeed, the variable performance of Korea (which rolled over debt) and Malaysia (which imposed capital controls) after the crisis suggest that the IMF standards overreached and contributed to the panic.
Research Paper Doctorate
Asian Financial Crisis of 1997: Causes, Effects, and Lessons
The economies of the so-called "Asian Tigers" were looked at with envy by the rest of the world in the early 1990s. These Southeast Asian countries -- South Korea, Taiwan, Singapore, Hong Kong, Malaysia, and Thailand…
Paper Masters
International Trade Theories: Comparative Advantage Explained
The paper talks about the international trade theories. There are three theories that are the primary focus of this paper which are absolute advantage, comparative advantage and factor endowment. The paper then compares these trade theories and their influence on the economic growth of two countries – India and China and the impact that IMF and WTO have had on their growth.
Research Paper Doctorate
Japan's Economic Crisis: Causes, Deflation, and Recovery
Japan is currently in its worst recession since World War II. The country's economy slowed dramatically in the early 1990s after the bubble economy of the 1970s and 1980s. Section 2.0 takes a detailed look at what…
Research Paper Doctorate
Forward Discount Puzzle and Rational Expectations in FX Markets
¶ … forward discount in predicting exchange rate modifications. The conclusion of the literature review is that the forward discount is a biased predictor and that are two possible explanations for this situation.
Essay Doctorate
U.S. Policy Recommendations for Combating Terrorist Financing
Policy Recommendation in Combating Terrorism
Essay Doctorate
Current Account Surplus, Moral Hazard, and NAFTA Explained
There are definitely some parallels between a current account surplus and a foreign investment. In fact, it is not incorrect to consider the former as an equivalent to the latter. The reason such a statement is accurate…