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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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Paper Undergraduate
International procurement strategy in automotive manufacturing
The overarching aim of this study was to investigate the benefits of buying material from foreign suppliers instead of local vendors in general and in the Turkish market in particular. The study also presents the positive points of buying material locally. Additionally, the factors taken into consideration will include nature of the item to be purchased, the level of production technology, the item costs, the volatility of demand, rate of change of specification etc.
Paper Undergraduate
Global warming's social, economic, and political consequences
¶ … global warming. The reality of global warming has raised alarm bells as well as intensive debate in many sectors of contemporary society. The implications of global warming and climate change are widespread and…
Paper Doctorate
Lessons from the 2007 financial crisis for U.S. market reform
U.S. Financial Market -- Lessons from the Economic Crisis
Paper Doctorate
U.S. fiscal policy, quantitative easing, and inflation control
The a first world economy's macroeconomic objectives are many, but in this most recent global recession there are a few that would help to guarantee fiscal stability and begin to restart the economic growth process.
Research Paper Undergraduate
Do international institutions possess legitimate authority over member states?
International institutions are created to establish order in the international system and provide benefits for the member states which could not have been derived elsewhere. However, there are debates among scholars, lawyers, and international relation experts about the legitimacy of international institutions. The paper demonstrates several instances where international institutions have exercised their legitimacy through either soft power or hard power. Thus, international institutions still enjoy legitimacy in the contemporary international systems.
Paper Undergraduate
Interest rates and foreign direct investment in Australia
For a foreign investors Australia remains as one of the popular places to invest since the 1980's. However, the growth of the various East Asian countries has meant the foreign direct investment (FDI) is facing…
Essay Doctorate
Reagan's Strategic Defense Initiative and Soviet economic collapse: myth versus reality
¶ … Tear down that wall," has been the one sentence legacy of Ronald Reagan's presidential administration (Boyd). Ask any conservative political pundit and you are likely to hear that Reagan's defense strategy and, in…
Research Paper Doctorate
Benefits and drawbacks of international trade and foreign investment
Shrouds of Controversy over Foreign Investments
Paper Undergraduate
Environmental degradation and resource scarcity in China's economic growth
Xinhua reported that Beijing recorded 80% blue sky days in the first quarter of 2009 (Xiong, 2009). The concept of a blue sky day is unusual for most of the world, but it represents the price that China has paid for its…
Paper Undergraduate
Trade liberalization and income inequality in North-South economies
Consider a textbook Heckscher-Ohlin model, with two countries (North and South), two factors (skilled and unskilled labour), and two goods (skill-intensive and labour-intensive manufactures). The North is more abundantly endowed with skilled labour: it has a larger (inelastic) supply of skilled, relative to unskilled, workers than the South. Both sorts of workers are mobile between sectors within each country, but internationally immobile. The North thus has a comparative advantage in the production of the skill-intensive good, which needs a higher ratio of skilled to unskilled workers than the labour-intensive good. And vice versa for the South.