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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 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.
Paper Undergraduate
Absolute vs. Comparative Advantage: Smith and Ricardo
Adam Smith's theory of absolute advantage and Ricardo's theory of comparative advantage offer two economic approaches to international trade. Each theory contributes to the field of international economics in different…
Essay Doctorate
U.S. Policy Recommendations for Combating Terrorist Financing
Policy Recommendation in Combating Terrorism
Paper Doctorate
International Business Contracts: U.S.–Brazil Trade and Arbitration
Boilerplate Language in International Contracts
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…
Paper Undergraduate
Ricardian Model and Labor Productivity in International Trade
As the world has been increasingly globalizing, international trade and the different factors that facilitate trade have become of critical importance. Many countries and labour markets receive many benefits from trade…
Paper Doctorate
Pay for Performance: Benefits, Drawbacks, and Best Practices
¶ … employment pay program identified as pay for performance have been part of the business landscape for many years (Bloom). The debate centers on a variety of issues but it also seems to be hobbled somewhat by a lack…
Paper Undergraduate
Monetary and Exchange Rate Policy: Key Considerations
There are a number of considerations that a country must take into account when setting monetary and exchange rate policy. The country's exchange rate impacts the price of its export goods on world market and the price…
Research Paper Doctorate
Heckscher-Ohlin and Ricardian theories of international trade
How does the Heckscher-Ohlin theory differ from Ricardian theory in explaining international trade patterns?
Essay Undergraduate
Competitiveness of East Asian firms: Acer and Hyundai
How far has the competitiveness of two East Asian firms been based on: (1) national networks and institutions, including localised clusters; (2) regional links and networking across the East Asian region; (3)…