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Economics Dissertation Topics

Published by Alvin Nicolas at January 11th, 2023 , Revised On April 16, 2024

The field of economics has changed entirely in recent times. Today, the field holds an extremely important place in every economy, with individual choices, spending, borrowing, production, occupations, markets, trading, employment, and a lot more being predicted and planned by economists.

Today, economists view economics from a modern and slightly different perspective than traditional economics. Different approaches in economics include perspectives like anthropology, sociology, geography, and various institutions.

Studying economics involving these perspectives provides a clearer view of the issues and problems related to the modern economic world. In contrast, focusing on the traditional economic approaches while selecting a topic will result in vague outcomes according to modern economics.

The most difficult task with respect to economics dissertations involves the  collection of data . Mostly the data required by the researcher must be in quantitative form. However, once data is collected, the researcher can focus on performing the analysis.

There are a number of economic perspectives that can be studied in detail. As your final project, you will want to select the most recent and relevant economics topic for your dissertation.

To help you get started with brainstorming for economics topic ideas, we have developed a list of the latest topics that can be used for writing your economics dissertation.

These topics have been developed by PhD-qualified writers of our team , so you can trust to use these topics for drafting your dissertation.

You may also want to start your dissertation by requesting  a brief research proposal  from our writers on any of these topics, which includes an  introduction  to the problem,  research question , aim and objectives,  literature review  along with the proposed  methodology  of research to be conducted.  Let us know  if you need any help in getting started.

Check our  example dissertations to get an idea of  how to structure your dissertation .

You can review step by step guide on how to write your dissertation.

Check our  example dissertation to get an idea of  how to structure your dissertation .

2024 Economics Dissertation Topics

Topic 1: the influence of price and brand on consumer preference during an economic recession: a case of the clothing market in greece.

Research Aim: The research will aim to examine the impact of prices and brands on consumer buying behaviour during an economic recession in Greece’s clothing market. During an economic crisis, not all types of products suffer the same consequences. During a recession, people are more sensible in their buying decisions, and they frequently continue to choose known product brands that meet their demands. The study will look at the impact of the recession on consumer purchasing preferences, taking into account variations in spending on various apparel brands based on price.

Topic 2: The financial and non-financial support of the family members in the growth of a successful entrepreneurship

Research Aim: The research will aim to investigate the importance of financial and non-financial support of family members in the growth of successful entrepreneurship. Entrepreneurship is a driving force in economic growth, social transformation, and organizational change. Private businesses (entrepreneurship) not only support a state’s social and economic growth but it also develops intellectual competition and innovation. Family members who are involved in business ventures can influence individuals’ goals to start new businesses, and they can also be considered as a means of economic and motivational strength.

Topic 3: The impact of transaction cost on economic development

Research Aim: The research will aim to explore the impact of transaction cost on the economic development of a country. The study will try to find the impact by using different methods and analyses. This article will investigate the difficulties of economic growth as they relate to transaction costs and how the latter produce various sorts of market failures. The study also explores several major contributions to the field of economic development, including market failure and growth barriers. Alternative perspectives on the failure of government and the market-government duality will also be examined.

Topic 4: What effect does oil price fluctuation have on business activity in oil-importing and exporting states?

Research Aim: The research will aim to find the influence of oil rate fluctuation on businesses of oil-importing and exporting countries. Change has a significant influence on the production costs of oil-importing countries and changes in pricing levels changes. At the same time, oil price variations have a significant impact on energy export profits and government budget revenues in energy-exporting economies.

Topic 5: The impact of gender inequality on work productivity and economic growth: A case study on developing countries

Research Aim: The research will aim to find the impact of gender inequality on work productivity and economic growth in developing countries. Gender inequality is not solely a concern in developing countries. Males earn more than women in practically every society. Differences in health, education, and negotiating power within marriage, on the other hand, tend to be bigger in countries with low Per capita income. Gender inequality in the office contributes to females’ lower socio-economic standing. Furthermore, such gender inequality may be associated with human resource rules and human resource related decision-making.

Topic 6: Research to identify the impacts of Coronavirus on the economy

Research Aim: This study will focus on identifying the impacts of coronavirus on the global economy.

Topic 7: Research to study the impacts of Coronavirus on the real estate sector

Research Aim: This research aims at identifying the impacts of coronavirus on the real estate sector. Is real estate a better option for investment during COVID-19?

Topic 8: Research to study the impacts of Coronavirus on the stock market

Research Aim: This research aims at identifying the impacts of coronavirus on the stock market.

Topic 9: Research to identify the impacts of Coronavirus on banking and the future of banking after the pandemic

Research Aim: This research aims at identifying the impacts of coronavirus on banking and the future of banking after the pandemic. What are the predictions? What challenges may come across? How to overcome those challenges?

Dissertation Topics on Economics 2023

Topic 1: economic expansion in bioenergy: a case study.

Research Aim: This research aims to conduct a case study on the economic expansion in bioenergy

Topic 2: Factors responsible for job creation and job destruction in the UK

Research Aim: This research aims to identify the factors responsible for job creation and job destruction in the UK.

Topic 3: Impacts of wars on the economy of both nations

Research Aim: This research aims to address how do wars impact the economy of both nations?

Topic 4: The role of banks in the economy of a country

Research Aim:  This research aims to highlight the role of Banks in the economy of a country. Students can choose any country to conduct the study.

Topic 5: Is an unhealthy country considered an emerging country?

Research Aim:  This research will answer the question: Is an unhealthy country considered a poor country?

Dissertation Topics Related to Economic Geography

Economic geography studies human economic activities with respect to various conditions such as location, distribution, production, consumption, exchange of resources, etc. Thus, studying the availability of all these resources, their development, and utilization is the main subject matter of economic geography.

In addition to studying these resources and their relationship with human economic activities, economic geography also helps study the interaction of these resources and variables with respect to nature and economic activities.

Economic geography is studied within different regions and localities in order to assess various human economic activities. Here are some economic geography dissertation topics to help you explore this field.

Topic 1: Role of local ethics and culture in shaping entrepreneurial economic development in various businesses.

Research Aim: This study will talk about the role of culture and ethics in shaping economic entrepreneurial attitudes in different fields of business.

Topic 2: Diversity in entrepreneurial approaches brought up by emigrants in the economics of a place: A critical analysis

Research Aim: This research will discuss whether entrepreneurial approaches be exported when emigrants move to a new place.

Topic 3: Assessing factors involved in facilitating knowledge transfer in a specific locality or place

Research Aim: This research will understand the various factors that play a role in transferring knowledge from one place or locality to another.

Topic 4: Economic opportunities provided within local boundaries. A case study of any specific area

Research Aim: This study will talk about the economic opportunities provided by local boundaries. This dissertation can be customised according to an area/region of your choice.

Topic 5: To discuss the role of the “European regional policy” in shaping or modifying places in the UK

Research Aim: This study will talk about the role of European regional policy in shaping and modifying UK places.

Topic 6: Location of top IT firms in the UK, the role of location on economics linked to a particular firm

Research Aim: This study will assess the economic geography of top IT firms in the UK that are linked to different firms.

Topic 7: Causes of regional diversity. Analysis and comparison between the richest and poorest places of the UK

Research Aim: This will be a comparative study between the richest and poorest places in the UK based on regional diversity.

Topic 8: Economics and expansion in bioenergy: A Case Study

Research Aim: This study will talk about economics and expansion in bioenergy, and a specific case will be under analysis.

Topic 9: Economic modifications faced by emigrants, causes and impacts

Research Aim: This research will talk about the various economic modifications that emigrants have to face and will also assess its causes and impacts.

Topic 16: A critical analysis of diversity in entrepreneurial attitudes in rural and urban areas

Research Aim: This will be a critical study that will assess diversity in entrepreneurial attitudes in both rural and urban areas.

How Can ResearchProspect Help?

ResearchProspect writers can send several custom topic ideas to your email address. Once you have chosen a topic that suits your needs and interests, you can order for our dissertation outline service which will include a brief introduction to the topic, research questions , literature review , methodology , expected results , and conclusion . The dissertation outline will enable you to review the quality of our work before placing the order for our full dissertation writing service!

Dissertation Topics on Microeconomics

This branch of economics deals with economic perspectives on an individual level. It takes into account the allocation of various resources that are limited in nature. Different theories of microeconomics can be applied to markets where different products are bought and sold out.

In order to complete your graduation program, you will have to select the right economics topic that not only interests you but is relevant in today’s world. The suggested topics for you to choose from are listed below:

Topic 1: Difference in consumer attitudes in the UK over the past 15 years – Critical analysis of customer behaviour trends.

Research Aim: This research will compare the consumer attitude in the UK over the past 15 years and will study the trends.

Topic 2: Understanding to what extent does the concept of oligopoly exists in markets of the UK – A critical analysis

Research Aim: This study will first talk about oligopoly, and will then build and critically discuss how this concept exists in the UK market.

Topic 3: Laws and their impact on British firms.

Research Aim: This study will talk about the various laws in the UK that have an impact on various industries as a whole.

Topic 4: “European regional policy” and its effects on British small and medium enterprises

Research Aim: This research will study the European regional policy and the impacts this has on SMEs in the UK.

Topic 5: To discuss specific traits of the UK innovation organisation

Research Aim:  This research will understand the various traits of UK organisations that innovate.

Topic 6: Study of the characteristics of the energy market in the UK – A microeconomic approach

Research Aim: This study will undertake a microeconomic approach in order to understand the characteristics of the energy market in the UK.

Topic 7: Common traits of the top internet technology firms in the US – Analysis of the approaches adopted by different successful technology firms

Research Aim: This research will talk about the various traits of leading internet firms in the US and will analyse their different approaches

Topic 8: How is the concept of “economic convergence” linked to salary levels in the United States? – A critical analysis

Research Aim: This study will critically discuss economic convergence and how it is linked to salary levels in the US.

Topic 9: A Discussion on the use and role of various “pricing models” in making investment decisions.

Research Aim: This research will analyze the various pricing models that companies use to make decisions with respect to their investment.

Topic 10: Analysing salary inequalities in the United States and the forces behind such inequalities? – A Critical analysis

Research Aim: This study will talk about an important issue, i.e., salary inequalities in the US, and will also discuss the various forces that drive such inequalities.

Dissertation Topics on Employment Economics

Employment is a very important aspect that is studied in economics. Employment is interconnected with other academic subjects as well and affects people’s finances, which further determines their type of relationship with their environment or society.

Moreover, with the passage of time, technological advancements in various fields have impacted the labor market, which directly influenced the employment rate.  Dissertation topics  related to the field of employment economics are listed as under:

Topic 1: Factors responsible for the job creation and job destruction in the United Kingdom

Research Aim: This research will talk about the different factors that are responsible for job creation and destruction in the United Kingdom.

Topic 2: Analysing to what extent the concept of self-employment prevails in the United Kingdom – Discuss the factors that determine it

Research Aim: This research will determine the extent to which the concept of self-employment prevails in the UK. Furthermore, the factors determining self-employment will also be explored.

Topic 3: Link between minimum wages and British employment. A critical analysis

Research Aim: This study will critically analyze the link between wages minimum wages and employment in Britain.

Topic 4: Understanding In what ways technological advancements have paved the way for a rise in British employment levels

Research Aim: This research will talk about the various ways through which technological advancements have helped increase employment in the British economy.

Topic 5: Exploring the value of labour in the United Kingdom– Skilled or unskilled labour? A Critical Analysis

Research Aim: This study will talk about the value of both types of labour, skilled and unskilled, in the UK. A critical analysis will be conducted as to which type of labour is more in demand in the economic system.

Topic 6: Analysing the levels and prevalence of self-employment in various parts of Europe. An Analysis of the United Kingdom

Research Aim: This research will discuss and analyse the levels and prevalence of self-employment in various parts across Europe. Special attention will be given to the UK in the study to understand the self-employment system.

Topic 7: In what ways does immigration affects British employment levels and productivity? Discuss

Research Aim: This research will talk about the various ways through which immigration affects British employment levels and productivity.

Topic 8: How can professional training impact British employment? Discuss

Research Aim: This study will talk about the impact of professional training on employment in the UK. The research will discuss if the impact was negative or positive.

Topic 9: Analysing the impact of gender inequality in employment on economic growth in the UK

Research Aim: This research will analyse the impact of gender inequality in employment on economic growth in the UK.

Topic 10: Economic productivity and Innovation – Are they both related? A study of the UK services industry

Research Aim: This research will help understand the relationship (if any) between economic productivity and innovation. The UK Services industry will be analyzed.

Dissertation Topics on Economic Sociology

This field refers to the study of sociological aspects from an economic perspective. Social networks are also one of the more important features in the economic world because they can contribute greatly to promoting a particular brand.

Different social gatherings are a source to highlight a particular industry, firm, and even a private setup. They can contribute greatly to building successful businesses. Following are some economic sociology dissertation topics for you to choose from:

Topic 1: Exploring Innovation Activities for the promotion of a particular firm/industry/brand

Research Aim: This research will talk about all the innovative activities that take place while promoting a brand or a company in an industry. This topic can be customised according to a brand/company of your choosing.

Topic 2: Understanding the role of families in funding a particular firm

Research Aim: This research will talk about the family funding of businesses, the whole process and how it takes place. You can choose an industry of your choice to base your dissertation on.

Topic 3: Can a blend of different cultures contribute to increasing the level of productivity? Evidence from a UK firm

Research Aim : This research will discuss how various cultures contribute to increasing productivity levels. A UK firm will be chosen for this research.

Topic 4: Social capital plays its role in the rural areas in the UK – A critical analysis

Research Aim: This research will talk about social capital and its role in the rural areas of the UK.

Topic 5: Youth as one of the biggest supports in the promotion of economic agents

Research Aim: This research will help understand the relationship (if any) between economic productivity and innovation. The UK services industry will be analysed.

Topic 6: Exploring the role of university networks in shaping entrepreneurial behaviours and actions

Research Aim: This study will help explore the role of university networks in shaping entrepreneurial actions and behaviours.

Topic 43: Role of social entrepreneurship in the United Kingdom

Research Aim: This study will talk about the role of social entrepreneurship in the UK and how it has emerged.

Topic 8: Diverse culture and productivity enhancement – How are the two related?

Research Aim: This study will talk about whether diverse culture has an impact on productivity enhancement in the UK or not.

Topic 9: Exploring the Impact of social networks on the success of Brands

Research Aim: This study will talk about the impact of social networks on the success of brands and how they impact businesses. You can choose a brand for this dissertation.

Topic 10: Understanding the ‘peer’ factor in setting up businesses

Research Aim: Setting up a business involves various factors, and an essential one is a support from peers. This research will explore this aspect of support when starting a business and the impact it has.

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Dissertation Topics on Institutional Economics

Institutional economics helps in understanding the role of institutions in shaping economic behaviour. Certain institutions promote certain values, beliefs and norms, and they impact the public in a certain way.

These institutions can affect the economics of a certain region and help shape economic life and behaviour. Institutional economics is still an emerging field. Following are some institutional economics dissertation topics that you can base your dissertation on.

Topic 1: Assessing the factors behind the power of a successful firm. How is it built?

Research Aim: This research will discuss the various factors that help companies build power in the industry and impact the economy.

Topic 2: Analysing the impact of cultural mix on the organisation of firms in the United Kingdom

Research Aim: This study will analyse the impact of diverse cultures on organisations in the UK.

Topic 3: Evaluating the role of bureaucracy in the productivity levels of the United Kingdom

Research Aim: This research will help in evaluating the role of bureaucracy on productivity levels in the UK.

Topic 4: Understanding various methods to ensure economic efficiency in the property markets of the United Kingdom

Research Aim: This study will understand the different ways through which economic efficiency is ensured in the UK property markets.

Topic 5: Impacts of transaction costs on economic development?

Research Aim: This research will evaluate how economic development is impacted by transaction costs.

Topic 6: Analysing the major forces operating behind the concept of control and ownership in the United Kingdom

Research Aim: This study will help analyse the major forces that control and own institutions in the UK and how they impact the economy.

Topic 7: Traits of British managers and investors. A Comparative analysis

Research Aim: This will be an interesting study as it will talk about the various traits of British managers and investors.

Topic 8: Role of educational aspects in entrepreneurship

Research Aim: This research will explore the role of education concerning entrepreneurship, i.e. how does education help build entrepreneurs, which in turn benefits the economy.

Topic 9: The concept of latent entrepreneurship – A comparison between the United Kingdom and Europe

Research Aim: This study will understand the concept of latent entrepreneurship by comparing the UK environment with that of Europe.

Topic 10: Is the profit of a firm dependent on its size? Evidence from the manufacturing firms in the UK

Research Aim: This research will help in understanding whether the profit of a company is dependent on the business’ size or not. The UK Manufacturing industry will be explored.

Dissertation Topics on Environmental Economics

Environment and economics share a unique and close relationship. The environment can affect economics in a good or bad way. There are various environmental economic issues that should be addressed. Following are some of the pressing issues pertaining to environmental economics that you can choose as your dissertation topic.

Topic 1: To what extent is the environment responsible for shaping business behaviours? A critical analysis

Research Aim: This research will talk about the extent to which the environment is responsible for building business behaviours.

Topic 2: Economics in relation to biodiversity and nature conservation. An evidence-based study

Research Aim: This research will discuss economics in relation to biodiversity and nature conservation.

Topic 3: Assessing the role of NGO’s and organizations to promote a healthy environment through fundraising programs

Research Aim: This research will help in assessing the role of NGOs and organisations in promoting healthy environments through various fundraising programs.

Topic 4: Willingness to pay for various recycling programs – A case study of the United Kingdom.

Research Aim : This research will help understand the different recycling programs by evaluating a UK-based case study.

Topic 5: Incentives regarding land and water management – A case study of the United Kingdom

Research Aim: This research will talk about various incentives relating to land and water management. A UK-based case study will be chosen.

Topic 6: Economic value of historical places: A critical analysis

Research Aim: This research will talk about the economic value of historical places and will present a critical analysis.

Topic 7: In which field is it cheapest to reduce or cut carbon emissions? Discuss.

Research Aim: This research will talk about the impacts of carbon emissions and will discuss in which field it will be cheapest to reduce or eliminate such emissions.

Topic 8: Ethanol production from an economic perspective. Discuss.

Research Aim: This research will help in exploring ethanol production with respect to economics.

Topic 9: Environmental improvements in regards to locational differences in communities Discuss in an economic approach

Research Aim: This research will present various environmental improvements with respect to locational differences in communities.

Topic 10: Climate change in relation to economics. Discuss

Research Aim: This research will talk about an important issue, i.e. climate change and the impact it has on economics.

Dissertation Topics on Regional Development

Economic growth can also be studied at a regional level. This field considers economic perspectives on a smaller level with a focus on trade between regions. Suggestions for dissertation topics in this field are listed as follows:

Topic 1: Evaluating the link between profit and regional development?

Research Aim: This research will evaluate the link between profit and regional development with respect to economics.

Topic 2: Assessing the “regional development policy” in the United Kingdom

Research Aim: This study will talk about the regional development policy in the UK.

Topic 3: Discussing the role of learning or knowledge gaining involved in regional development?

Research Aim: This research will explore the role of knowledge and learning that helps promote regional development.

Topic 4: Assessing the existence of location theories that contribute towards the development and understanding of regional development

Research Aim: This research will assess the existence of locational theories that help contribute towards the development and understanding of regional development.

Topic 5: Evaluating the role that technology plays in regional development? A UK case study

Research Aim: This research will evaluate the role that technology plays in promoting regional development.

Topic 6: Exploring entrepreneurship and its regional aspects in the United Kingdom

Research Aim: This research will help explore entrepreneurship and entrepreneurship network with respect to regional development in the UK.

Topic 7: Role of Institutional setups in regional development

Research Aim: This study will talk about the role of institutional setups in regional development.

Topic 8: Assessing the relationship between unemployment and entrepreneurship in the light of evidence from British relationship

Research Aim: This research will assess the relationship between unemployment and entrepreneurship in the UK.

Find 100s of dissertation topics for other research areas.

Topic 9: In what ways the UK and the European firms are different in terms of innovation – A critical analysis

Research Aim: This research will help in understanding the various ways in which the UK and European firms are different with respect to innovation.

Topic 10: Assessing the role of regional co-operation in developing sustainable advantage

Research Aim: This research will help in assessing the role of regional cooperation in developing sustainable advantage amongst regions

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Important Notes

As a student of economics looking to get good grades, it is essential to develop new ideas and experiment on existing economics theories – i.e., to add value and interest in your research topic.

The field of economics is vast and interrelated to so many other academic disciplines like civil engineering ,  construction ,  law , engineering management , healthcare , mental health , artificial intelligence , tourism , physiotherapy , sociology , management , marketing and nursing . That is why it is imperative to create a project management dissertation topic that is articular, sound, and actually solves a practical problem that may be rampant in the field.

We can’t stress how important it is to develop a logical research topic; it is the basis of your entire research. There are several significant downfalls to getting your topic wrong; your supervisor may not be interested in working on it, the topic has no academic creditability, the research may not make logical sense, there is a possibility that the study is not viable.

This impacts your time and efforts in  writing your dissertation  as you may end up in the cycle of rejection at the very initial stage of the dissertation. That is why we recommend reviewing existing research to develop a topic, taking advice from your supervisor, and even asking for help in this particular stage of your dissertation.

Keeping our advice in mind while developing a research topic will allow you to pick one of the best economics dissertation topics that not only fulfil your requirement of writing a research paper but also adds to the body of knowledge.

Therefore, it is recommended that when finalizing your dissertation topic, you read recently published literature to identify gaps in the research that you may help fill.

Remember- dissertation topics need to be unique, solve an identified problem, be logical, and can also be practically implemented. Take a look at some of our sample economics dissertation topics to get an idea for your own dissertation.

How to Structure your Economics Dissertation

A well-structured dissertation can help students to achieve a high overall academic grade.

• A Title Page
• Acknowledgments
• Declaration
• Abstract: A summary of the research completed
• Table of Contents
• Introduction : This chapter includes the project rationale, research background, key research aims and objectives, and the research problems to be addressed. An outline of the structure of a dissertation  can also be added to this chapter.
• Literature Review :  This chapter presents relevant theories and frameworks by analysing published and unpublished literature available on the chosen research topic, in light of  research questions  to be addressed. The purpose is to highlight and discuss the relative weaknesses and strengths of the selected research area while identifying any research gaps. Break down of the topic, and key terms can have a positive impact on your dissertation and your tutor.
• Methodology:  The  data collection  and  analysis  methods and techniques employed by the researcher are presented in the Methodology chapter which usually includes  research design, research philosophy, research limitations, code of conduct, ethical consideration, data collection methods, and  data analysis strategy .
• Findings and Analysis:  Findings of the research are analysed in detail under the Findings and Analysis chapter. All key findings/results are outlined in this chapter without interpreting the data or drawing any conclusions. It can be useful to include  graphs ,  charts, and  tables in this chapter to identify meaningful trends and relationships.
• Discussion  and  Conclusion: The researcher presents his interpretation of results in this chapter, and states whether the research hypothesis has been verified or not. An essential aspect of this section is to establish the link between the results and evidence from the literature. Recommendations with regards to implications of the findings and directions for the future may also be provided. Finally, a summary of the overall research, along with final judgments, opinions, and comments, must be included in the form of suggestions for improvement.
• References:  Make sure to complete this in accordance with your University’s requirements
• Bibliography
• Appendices:  Any additional information, diagrams, graphs that were used to  complete the dissertation  but not part of the dissertation should be included in the Appendices chapter. Essentially, the purpose is to expand the information/data.

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Frequently Asked Questions

How to find economics dissertation topics.

For economics dissertation topics:

• Follow economic news and debates.
• Study emerging areas like behavioral economics.
• Analyze policy gaps or challenges.
• Review economic theories and their applications.
• Explore data-driven research opportunities.
• Seek topics aligning with your passion and career aspirations.

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134 Economics Thesis Topics: Ideas for Outstanding Writing

Writing a thesis is not an easy task. For most of the students, it can be even intimidating, especially when you do not know where to start your research.

Here, we have provided an economics thesis topics list. After all, everyone knows that choosing the right idea is crucial when writing an academic paper. In economics, it can combine history, math, social studies, politics, and numerous other subjects. You should also have solid foundations and a sound factual basis for a thesis. Without these elements, you won’t be able to master your research paper.

The issue is:

It is not always clear what could be seen as an excellent economics thesis topic. Our experts can assist you with this challenge. This list contains some outstanding examples to get you started.

• ⭐ Thesis in Economics
• 🔥 Supreme Thesis Topics
• 👍 Bachelor’s Thesis
• 😲 Master’s Thesis

📊 Microeconomics

📈 macroeconomics.

• 🤔 Developmental
• 👨‍💼 Behavioral
• 💼 Financial
• 🌱 Agricultural
• 🤝‍ Sociology
• 📚 Ph.D. Topics
• 📝 How to Pick a Topic

⭐ What Does a Thesis in Economics Look Like?

A good thesis in economics is a blend between an empirical paper and a theoretical one. One of the essential steps in choosing a topic in economics is to decide which one you will write.

You may write, research, analyze statistical data and other information. Or build and study a specific economic model.

Or why not both!

Here are some questions you can ask when deciding what topic to choose:

• What has already been written on this topic?
• What economic variables will my paper study?
• Where should I look for the data?
• What econometrics techniques should I use?
• What type of model will I study?

The best way to understand what type of research you have to do is to write a thesis proposal. You will most probably be required to submit it anyway. Your thesis supervisor will examine your ideas, methods, list of secondary and primary sources. At some universities, the proposal will be graded.

After you get the initial feedback, you will have a clear idea of what to adjust before writing your thesis. Only then, you’ll be able to start.

🔥 Supreme Economics Thesis Topics List

• Fast fashion in India.
• The UK housing prices.
• Brexit and European trade.
• Behavioral economics.
• Healthcare macroeconomics.
• COVID-19’s economic impact.
• Global gender wage gap.
• Commodity dependence in Africa.
• International trade – developing countries.
• Climate change and business development.

👍 Economics Bachelor’s Thesis Topics

At the U.S. Universities, an undergraduate thesis is very uncommon. However, it depends on the Department Policy.

The biggest challenge with the Bachelor’s Thesis in economics concerns its originality. Even though you are not required to conduct entirely unique research, you have to lack redundant ideas.

You can easily avoid making this mistake by simply choosing one of these topics. Also, consider visiting IvyPanda essays database. It’s a perfect palce to conduct a brainstorming session and come up with fresh ideas for a paper, as well as get tons of inspiration.

• The impact of the oil industry on the economic development of Nigeria. The oil industry is vital for the economic development of Nigeria. In this thesis, students can discuss the notion of the resource curse. Analyze the reasons why general people are not benefiting from the oil industry. Why did it produce very little change in the social and economic growth of the country?
• Sports Marketing and Advertising: the impact it has on the consumers.
• Economic opportunities and challenges of investing in Kenya .
• Economic Development in the Tourism Industry in Africa. Since the early 1990s, tourism significantly contributed to the economic growth of African countries. In this thesis, students can talk about the characteristics of the tourist sector in Africa. Or elaborate on specific countries and how their national development plans look like.
• Globalization and its significance to business worldwide .
• Economic risks connected to investing in Turkey .
• The decline in employment rates as the biggest American economy challenge .
• The economics of alcohol abuse problems. In this thesis, students can develop several essential issues. First, they can examine how poverty is connected to alcohol abuse. Second, they can see the link between alcohol consumption and productivity. To sum up, students can elaborate on the economic costs of alcohol abuse.
• Causes and solutions for unemployment in Great Britain.
• Parallel perspective on Global Economic Order: China and America. This thesis can bring a comparative analysis of the economies to a new level. China and The US are the world’s two largest economies. These two countries have a significant impact on the global economic order. So, looking at the set of institutions, policies, rules can be constructive.
• The new international economic order after COVID-19
• Financial stability of the banking sector in China.
• New Electronic Payment Services in Russia.
• The influence of culture on different entrepreneurial behaviors.
• The impact of natural cultural practices on entrepreneurial activity.
• The relationships between national culture and individual behavior.
• The main reasons for salary inequalities in different parts of the U.S.

😲 Economics Master’s Thesis Topics

Student life can be fascinating, but it comes with its challenges. One of which is selecting your Master’s thesis topic.

Here is a list of topics for a Master’s thesis in economics. Are you pursuing MPhil in Economics and writing a thesis? Use the following ideas as an inspiration for that. They can also be helpful if you are working on a Master’s thesis in financial economics.

• The impact of visual aid in teaching home economics.
• The effect of income changes in consumer behaviors in America.
• Forces behind socio-economic inequalities in the United States. This thesis can explore three critical factors for socio-economic differences in the United States. In the past 30 years, social disparities increased in the United States. Some of the main reasons are technology, trade, and institutions.
• The relationships between economic growth and international development.
• Technological innovations and their influence on green and environmental products.
• The economics of non-solar renewable energy .

• The economic consequences of terrorism . Terrorism not only takes away lives and destroys property but also widely affects the economy. It creates uncertainty in the market, increases insurance claims, slows down investment projects, and tourism. This thesis can address all of the ways in which terrorism can affect economies.
• Corporate Social Responsibility (CSR) implementation in the Oil and Gas Industry in Africa.
• Use of incentives in behavioral economics.
• Economic opportunities and challenges of sustainable communities .
• Economics of nuclear power plants.
• Aid and financial help for emerging markets. This topic is very versatile. Students can look at both the positive and the adverse effects that funding has on the development. There are plenty of excellent examples. Besides, some theories call international help a form of neocolonialism.
• Multinational firms impact on economic growth in America .
• The effect of natural disasters on economic development in Asia.
• The influence of globalization on emerging markets and economic development.

📑 More Economics Thesis Topics: Theme

For some students, it makes more sense to center their search around a certain subject. Sometimes you have an econ area that interests you. You may have an idea about what you want to write, but you did not decide what it will be.

If that’s the case with you, then these economics thesis topics ideas are for you.

• An analysis of the energy market in Russia.
• The impact of game theory on economic development.
• The connection between minimum wage and market equilibrium.
• Gender differences in the labor market in the United States. This topic can shed light on gender disparities in the labor market in the US. In the past years, the overall inequality in labor in the markets decreased. However, there is still a lot of work that can be done.
• Economic reasons that influence the prices of oil .
• Relationship between the Lorenz curve and the Gini coefficient.
• Challenges of small businesses in the market economy.
• The changes in oil prices: causes and solutions . Universal economic principles do not always apply to the sale and purchase of the oil. The same happens with its cost. In the thesis, talk about what affects the prices. What are the solutions that can be implemented?
• The economic analysis of the impact of immigration on the American economy.

• Economic inequality as a result of globalization . Economic inequality becomes even more apparent on the global level. There is a common belief that globalization is the cause of that. Discuss what can be the solutions to these problems. This topic is vital to minimize the gap between the rich and the poor.
• The economic explanation of political dishonesty .
• Effect of Increasing Interest rates costs in Africa .
• The connection between game theory and microeconomics.
• Marketing uses in microeconomics.
• Financial liability in human-made environmental disasters.
• Banks and their role in the economy. Banks are crucial elements of any economy, and this topic covers why. You can explain how banks allow the goods and services to be exchanged. Talk about why banks are so essential for economic growth and stability.
• Inflation in the US and ways to reduce its impact.
• The connection between politics and economics.
• Income Dynamics and demographic economics.
• US Market Liquidity and macroeconomics.
• Macroeconomics and self-correction of the economy .
• The American economy, monetary policy, and monopolies .
• The importance of control in macroeconomics. One of the central topics in macroeconomics is grouped around the issue of control. It is quite reasonable that control over money and resources should become a topic of discussion.
• Analysis of Africa’s macroeconomics and its performance.
• Economics of education in developing markets.
• Problems and possible solutions for Japan macroeconomics .
• Comparative analysis of British macroeconomics concerning the US .
• Public policies and socio-economic disparities.
• The world problems through macroeconomic analysis. Indeed, macroeconomics is very complicated. There are many influences, details, and intricacies in it. However, it allows economists to use this complex set of tools to examine the world’s leading problems today.

• The connection between employment interest and money.

🤔 Development Economics

• Economics of development . This topic is very rich in content. First, explain what it is. Then pay particular attention to domestic and international policies that affect development, income distribution, and economic growth.
• The relation between development and incentive for migration.
• The impact of natural disasters on the economy and political stability of emerging markets.
• The economic consequences of population growth in developing countries.
• The role of industrialization in developing countries . The industrialization has been connected with the development. It promotes capital formation and catalyzes economic growth in emerging markets. In this thesis, you can talk about this correlation.
• Latin American economic development.
• Gender inequality and socio-economic development .
• Problems of tax and taxation in connection with economic growth.
• The economic impact of terrorism on developing markets.
• Religious decline as a key to economic development. Not everyone knows, but a lot of research has been done in the past years on the topic. It argues that decreased religious activity is connected with increased economic growth. This topic is quite controversial. Students who decide to write about it should be extra careful and polite.

👨‍💼 Behavioral Economics

• Risk Preferences in Rural South Africa.
• Behavioral Economics and Finance .
• Applied behavioral economics in marketing strategies. If you want to focus your attention on marketing, this topic is for you. Behavioral economics provides a peculiar lens to look at marketing strategies. It allows marketers to identify common behaviors and adapt their marketing strategies.
• The impact of behavioral finance on investment decisions.
• Behavioral Economics in Child Nutrition Programs in North Texas.
• Guidelines for Behavioral Economics in Healthcare Sector.
• Cognitive and behavioral theories in economics .
• Cross-cultural consumer behavior and marketing communication. Consumers are not only affected by personal characteristics, but also by the culture they are living in. This topic focuses on the extent it should determine marketing strategy and communication.
• Behavior implications of wealth and inequality.

• Optimism and pessimism for future behavior.

💼 Financial Economics

• Financial Economics for Infrastructure and Fiscal Policy .
• The use of the economic concept of human capital. Students can focus on the dichotomy between human and nonhuman capital. Many economists believe that human capital is the most crucial of all. Some approach this issue differently. Therefore, students should do their research and find where they stand on this issue.
• The analysis of the global financial crisis of 2020s. Share your thoughts, predictions, ideas. Analyze the economic situation that affects almost everyone in the world. This thesis topic will be fresh and original. It can help to start a good and fruitful conversation.
• The big data economic challenges for Volvo car.
• The connection between finance, economics, and accounting.
• Financial economics: Banks competition in the UK .
• Risk-Taking by mutual funds as a response to incentives.
• Managerial economics and financial accounting as a basis for business decisions.
• Stock market overreaction.

🌱 Agricultural Economics

• Agricultural economics and agribusiness.
• The vulnerability of agricultural business in African countries.
• Agricultural economics and environmental considerations of biofuels .
• Farmer’s contribution to agricultural social capital.
• Agricultural and resource economics. Agricultural and resource economics plays a huge role in development. They are subdivided into four main characteristics which in this topic, students can talk about: – mineral and energy resources; – soil resources, water resources; – biological resources. One or even all of them can be a focus of the thesis.
• Water as an economic good in irrigated agriculture.
• Agriculture in the economic development of Iran.
• The US Agricultural Food Policy and Production .
• Pesticides usage on agricultural products in California.

• An analysis of economic efficiency in agriculture. A lot of research has been done on the question of economic efficiency in agriculture. However, it does not mean there is no place for your study. You have to read a lot of secondary sources to see where your arguments can fit.

🤝‍Economic Sociology

• Theory, approach, and method in economics sociology.
• Economic sociology of capitalism. While economists believe in the positive effect capitalism has on the economy, the social effect is quite different. The “economic” part of the issue has been studied a lot. However, the sociology of it has been not. This thesis can be very intriguing to read.
• Political Economy and Economic Sociology.
• Gender and economic sociology .
• Progress, sociology, and economics.
• Data analysis in economics, sociology, environment .
• Economic sociology as a way to understand the human mind.
• Economic sociology of money.
• Economics, sociology, and psychology of security.
• Major principles of economic sociology. In the past decade, economic sociology became an increasingly popular field. Mainly due to it giving a new view on economics, human mind, and behavior. Besides, it explores relationships between politics, law, culture, and gender.

📚 The List of Ph.D. Topics in Economics

If you decide to go to grad school to do your Masters, you will likely end up getting a Ph.D. as well. So, with this plan in mind, think about a field that interests you enough during your Masters. Working with the same topic for both graduate degrees is easier and more effective.

This list of Ph.D. Topics in Economics can help you identify the areas you can work on.

• Occupational injuries in Pakistan and its effect on the economy. Injuries are the leading cause of the global burden of disability. Globally, Pakistan was ranked 9th populated country with a large number of unskilled workers. In this dissertation, consider the link between occupational injuries and their effects on the economy.
• The study of the Philippines’ economic development.

• Financial derivatives and climate change .
• Econometric Analysis of Financial Markets.
• Islamic Banking and Financial Markets .
• Health economics and policy in the UK.
• Health insurance: rationale and economic justification. In this dissertation, students can find different ways to explain and justify health insurance. Starting to philosophical to purely economic grounds. In the past years, there was a lot of discussion regarding the healthcare system for all. What are some of the economic benefits of that?
• Colombian economy, economic growth, and inequality.
• Benefits of mergers and acquisitions in agribusiness.
• Methods to measure financial risks when investing in Africa.
• The significance of financial economics in understanding the relationship between a country’s GDP and NDP.
• Network effects in cryptocurrency. Cryptocurrencies are not new anymore. However, it is still an original subject for a dissertation. Students can decide to choose several crypto coins and evaluate the importance of the network effect. This effect is particularly significant for Bitcoin. Explain why.
• The comparison of the Chinese growth model with the American growth model.
• An economic justification versus political expediency.
• Pollution Externalities Role in Management Economics .

📝 How to Select an Economics Thesis Topic

As your academic journey is coming to an end, it’s time to pick the right topic for your thesis. The whole academic life you were preparing to undertake this challenge.

Here is the list of six points that will help you to select an economics thesis topic:

• Make sure it is something you are genuinely interested in. It is incredibly challenging to write something engaging if you are not interested in the topic. So, choose wisely and chose what excites you.
• Draw inspiration from the previous student’s projects. A great place to start is by looking at what the previous students wrote. You can find some fresh ideas and a general direction.
• Ask your thesis advisor for his feedback. Most probably, your thesis advisor supervised many students before. They can be a great help too because they know how to assess papers. Before meeting with your professor, do some basic research, and understand what topic is about.
• Be original, but not too much. You do not want to spend your time writing about a project that many people wrote about. Your readers will not be interested in reading it, but your professors as well. However, make sure you do not pick anything too obscure. It will leave you with no secondary sources.
• Choose a narrow and specific topic. Not only will it allow you to be more original, but also to master a topic. When the issue is too broad, there is just too much information to cover in one thesis.
• Go interdisciplinary. If you find yourself interested in history, philosophy, or any other related topic, it can help you write an exceptional thesis in economics. Most of your peers may work on pure economics. Then, the interdisciplinary approach can help you to stand out among them.

Thank you for reading the article to the end! We hope this list of economics thesis topics ideas could help you to gather your thoughts and get inspired. Share it with those who may find it useful. Let us know what you think about it in the comment section below.

🔗 References

• Economics Thesis Topics List: Seminars Only
• How To Pick A Topic For Your Economics Research Project Or Master’s Thesis: INOMICS, The Site for Economists
• What Do Theses and Dissertations Look Like: KU Writing Center, the University of Kansas
• Writing Economics: Robert Neugeboren with Mireille Jacobson, University of Harvard
• Economics Ph.D. Theses: Department of Economics, University of Sussex Business School, IDEAS_RePEc
• World Economic Situation and Prospects 2018: United Nations
• Undergraduate Honors Theses: Department of Economics, University of California, Berkeley
• Economics Department Dissertations Collection: Economics Department, University of Massachusetts Amherst
• Topics for Master Theses: Department of Economics, NHH, Norwegian School of Economics
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The dilemma I faced in getting Thesis proposal for my M Phil programme is taken away. Your article would be a useful guide to many more students.Thank you for your guidance.

Thanks for the feedback, John! Your opinion is very important for us!

I wants it for msc thesis

These are very helpful and concise research topics which I have spent days surfing the internet to get all this while. Thanks for making research life experience easier for me. Keep this good work up.

Thank you, Idris!

Glad to hear that! Thank you for your feedback, Idris!

Excellent research

For research

A very well written, clear and easy-to-read article. It was highly helpful. Thank you!

Thanks for your kind words! We look forward to seeing you again!

Economics Dissertation Topics

Economics is about making choices in the face of scarcity and uncertainty and ensuring that resource allocation is effectively and efficiently done. What was popularised by writers, researchers and philosophers such as Adam Smith in the 1770s, has become a field with significant relevance and importance in today’s society that is highly financialised and globalised. Dating back to medieval scholastics as well as literature published back in the 15th and 18th century, through the 19th century, the concerns of economics have largely focused on aspects such as choices of individuals, borrowing, money, consumption and production, occupations and employment, markets, trade, pricing of assets, taxes, and most recently human behaviour in relation to economic decisions.

There are multitudes of research studies, within the existing literature, that have been conducted in relation to the above concerns and many of these have resulted in a number of models that attempt to provide possible explanations to real world problems. As the world continues to evolve with the advent of technological advancements that have increased the pace of transformation and globalisation, new areas in economics have emerged as worthwhile research targets. The following are possible economics dissertation topics to choose from for your academic research project in economics:

Economic Geography Dissertation Topics

Economic sociology dissertation topics, institutional economics dissertation topics, microeconomics dissertation topics, macroeconomics dissertation topics, regional development dissertation topics.

• Employment Economics Dissertation Topics

Financial Economics Dissertation Topics

This is the area in economics academic literature that is concerned with the role of geographic location and place with the economical outcomes. It focuses on describing and analyzing patterns and trends in human behavior and activity to gain understanding of the processes and drivers that shape and affect the economic and cultural landscapes. Within regions and localities, there are great dynamics that shape the nature and extent of economic activity. Below are some suggestions for economics dissertation topics on economic geography:

• The impact of local and regional cultures on shaping entrepreneurial economic development.
• Can entrepreneurial attitude be exported? The role of emigrants in introducing new entrepreneurial attitudes.
• Differences of entrepreneurial behaviour in rural and urban areas.
• Is there any relationship between mature industries dominating small towns and their local cultural factors?
• The role of local culture in promoting regional innovation networks.
• National, regional and local policies to support local clusters: opportunities.
• How can policy support the creation of a local cluster?
• Are networks affected by local proximity? Differences between co-localised and dispersed networks.
• The likelihood impact of Brexit on policy outcomes that shape the local economy in UK cities.
• A model for the development of information and communication technology incubators in the UK. Analysis of the concentration of Top 50 IT companies.
• What is causing regional divergence? An analysis of the richest and poorest regions in the UK.
• The economic geography of recession. Difference between regional and city economics in the UK.
• Why are housing built in flood-prone coastal areas?
• Understanding educational progression at the local level: A comparison of the North and South cities in the UK.
• How COVID has contributed to house price volatility in various cities in the UK.
• How the COVID lockdown has affected social life of big cities.
• Will coronavirus cause a big city exodus?

Economic sociology refers to sociological aspects influencing the economic indicators and their relationship with social outcomes. It is the study of how the material conditions of life are produced and reproduced through social processes and broadly covers the sociology of markets and the sociology of consumptions. Possible economics dissertation topics in this area include:

• The role of social networks in supporting innovation activities in mature industries.
• The financial and non-financial support of family in the development of successful entrepreneurship.
• The private network as the facilitator of the firm start-up.
• Exploring the differences between trust and power in local productive systems.
• Social contracts and peer-pressure as the source of traditional industry development in the UK.
• Can cultural mix increase productivity in creative industries? Evidence from the UK.
• The role of social and intellectual capital in rural places in the UK.
• Is social capital a critical factor in the British creative industries?
• How can universities take advantage of social networks to induce entrepreneurial action among their students?
• The role and contribution of social entrepreneurship in the UK.
• The economic impact of migration from different regions of the world to the UK. Comparative analysis between the EU and the non-EU migration.
• Is the relationship between economic and social development linear?
• The convergence of economic systems in the wake of globalisation and their implications on the social development across developed, emerging and developing national economies.

Institutional Economics relates to a variety of economics traditions that are concerned with social institutions which are linked to consumption, distribution and production of goods and services as well as the underlying corresponding social relations. In essence, Institutional Economics has a relatively broad inquiry scope and is considered to have relatively close ties with other disciplines such as anthropology, economic sociology, psychology, economic history, behavioural economics, behavioural finance, physical science, management and business studies, and nowadays neuro, cognitive and brain science. This implies that there are various dissertation topics that can fall under the Institutional Economics bracket; some of these include the following.

• An assessment of the implications of Institutional Economics methodologies for the analysis of the property market.
• A study of how the theoretical assumptions of the New Institutional Economics’ (NIE) micro analytical level influence a firm’s choice of governance structures.
• How do habits and routines affect productivity? The case of (an industry).
• How does the culture mix impact on the organisation of firms in the UK?
• Resilience to economic shrinking in an emerging economy: the role of social capabilities.
• Financial constraint, trust, and export performances: The case of UK SMEs.
• Efficiency in the property market in the UK: An institutional perspective.
• Transaction costs and economic development.
• A resource-based theory analysis to firm co-operation.
• How can transaction costs economics account for inter-firm collaboration?
• Ownership and control in the UK: An institutional analysis.
• Institutions and policies of economic freedom: different effects on income and growth.
• How does job experience relate to entrepreneurship? Evidence from the UK.
• Educational aspects of entrepreneurship. The role of formal school in promoting entrepreneurial capacities in the UK.
• Latent entrepreneurship: the UK vs Europe.

Microeconomics has to do with supply and demand, and with the way they interact in various markets. It is andconcerned with how economic agents, that is, individual decision-makers (both consumers and producers) behave in different economic settings. The overarching goal of microeconomic research is to identify the incentives of various agents and trade-offs that they may face. To understand behaviour of individuals in terms of their economic decision-making, researchers build various models, use data and conduct experiments.

The following are the examples of dissertation topics on ‘Microeconomics’:

• The evolution of household consumption in the UK over the last 10 years: Trends in consumer behaviour.
• Are mergers and acquisitions related to productivity in UK firms?
• Is the minimum wage still relevant in the UK economy?
• Is the British retail sector becoming less oligopolistic? An analysis of the impact of new supermarkets.
• Are British oligopolistic markets really oligopolistic?
• Conditions for the existence of a knowledge firm.
• Characteristics of the innovative organisation in the UK.
• Are UK firms more innovative than their European counterparts?
• The impact of the European regional policy on British small and medium enterprises (SMEs).
• The energy market in the UK: A microeconomic approach.
• The impact of regulation on British industries: The case study of Uk energy sector.
• Does firm size affect firm profits? Evidence from telecommunication firms in the UK.
• Game theory and decision theory.

Macroeconomics is concerned with how the overall economy works and how all markets interact to generate big phenomena that economists call aggregate variables. It studies such things as employment, gross domestic product, inflation, national income, employment and the interaction between the global economy and financial markets.

The following are the examples of dissertation topics on ‘Macroeconomics’:

• How do interest rates affect consumption in the UK?
• What is the role of the dollar evolution in UK spending?
• The magnitude of the impact of oil price changes on UK consumption.
• The impact of Brexit on consumer spending in the UK.
• The impact of Brexit on employment and labour in the UK.
• What factors influence the salary inequality across the UK?
• The evolution of the exchange rates in the UK: Causes and consequences.
• Negative interest household savings in the UK.
• The impact of the common agriculture policy (CAP) on British agriculture.
• Economic growth and productivity. The UK in the century transition.
• Interest rates and foreign direct investment in the UK.
• Brexit and foreign direct investment in the UK.
• Monetary policy pass-through for the UK after Brexit.
• Development of UK monetary policy overtime.
• Does inflation affect firms’ profits in the UK?
• Macroeconomic determinant of house prices in the UK.
• Unemployment and regional mobility of labour in the UK.
• The impact of finance on growth: The case of UK.
• Economic growth and unemployment: Is there a relationship in the UK?
• The macroeconomics of SMEs entrepreneurship in the UK.
• Global economic recession and factors that contribute to it.
• Is the UK insurance system economically viable?
• How does the Greek financial crisis impact the EU economy overtime?
• The impact of COVID income inequality in the UK.
• Coronavirus and wage inequality: The case of UK manufacturing sector.
• COVID and economic recession: Will the impact be more pronounced than the 2007 financial recession?
• Role of information technology in economic development.
• Social inequality: the difference between wealth and income.
• Why is insurance necessary for the economic development of a country?
• How is the tax burden shared between buyers and sellers in the UK?
• Asymmetric information and adverse market selection: A case study of UK insurance market.
• Economic rent and transfer earnings in the UK.

This discipline is focused on understanding the dynamics of regions as smaller economies with their own circumstances and outcomes. The focus is on the internal working of the regional economies as well as on their interaction with other regions. There is a component of economic growth and development at a regional level. The suggestions below will give you further ideas for your economics dissertation topics:

• Regional development and profitability of the businesses. What are the factors underpinning this relationship?
• The contribution of entrepreneurial networks for regional development.
• Implications and development of regional development policy in the UK.
• Infrastructures and regional development. How can the rail and road network explain the differences in the development of regions in the UK.
• Regional comparative advantage in natural resources and regional development.
• Effect of regional policy surrounding start-ups on regional development: more new firms or better old ones?
• The role of broadband internet technology in regional development: co-relation between internet speeds and regional development?
• Public investment and regional output: Evidence from the UK regions.
• Robustness of regional institutions and development: How to search for a link?
• Regional aspects of entrepreneurship in the UK.
• Differences between types and extent of entrepreneurship and unemployment across England, Wales, Scotland and Northern Ireland.
• Convergence and endogenous growth differences between South East England and the rest of the UK.

Employment/Labour Economics Dissertation Topics

Employment is considered to be a key concept in economics and its significance is reflected in the perception that people at work are seen as individuals/groups of individuals involved in the production of services and goods. Such production requires human capital and time; thus, organisations of different types pay people that are involved in the production process providing them with income that is later used to boost economic activity. In macroeconomics, low rates of national employment may signal underdevelopment or long-lasting depression while high rates of national employment may signal economic growth and development. Below is a list of dissertation topics that cover the area of employment economics.

• Work from home or office and employee wellbeing: The case of the COVID pandemic.
• A study of how flexible employment affects political support for social policy protection.
• The impact of gender inequality in employment on economic growth and workforce productivity.
• The influence of economic cycles on employment, workforce productivity and innovation: a study of manufacturing industries.
• Local pools on unemployment in the UK: Looking for similarities.
• Factors determining self-employment in the UK.
• The effects of minimum wages on British employment.
• How does technological innovation affect British unemployment? Evidence from the manufacturing industries.
• A comparison of self-employment across Europe: Where does the UK stand?
• Government policies in support of self-employment: Evidence from the UK.
• The effects of immigration on British employment and productivity.

Financial economics concentrates on exchanges in which money of one type or another is likely to appear on both sides of a trade. Financial markets are crucial in facilitating these exchanges at a relatively reduced transaction cost. In many such cases, the amount of money to be transferred in the future is uncertain. Financial economists thus deal with both time and uncertainty. Often the latter is called risk. Financial economics is thus a branch of economics that examines the utilisation and distribution of economic resources in financial markets in which decisions must be made under uncertainty.

The following are examples of dissertation topics on ‘Financial Economics’:

• How has the coronavirus pandemic affected the UK stock market?
• How is the FTSE affected by interest rates?
• Does CAPM measure the risk of stocks listed on the FTSE 100?
• How does the behaviour of the FSTE 100 affect economic growth?
• Behavioural finance: A study on the motivation of British investors.
• The determinants of corporate debt in the UK.
• The role of private equity and debt market in the finances of SMEs in the UK.
• Do SMEs achieve higher profitability rates than large corporations in the UK?
• The financial structure of British firms: A comparison with the European Union.
• Financial markets and financial intermediation in the UK.
• Temporary and permanent components of asset prices in the UK.
• Capital and financial structure of UK companies.
• Investor protection and corporate governance: Comparison between EU and US financial market.
• Political uncertainty on asset prices.

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Financial Economics Thesis Topics

This page provides a comprehensive list of 200 financial economics thesis topics for students pursuing research in the dynamic and ever-evolving field of financial economics. Financial economics examines the interplay between financial markets, institutions, and the broader economy, exploring how financial systems affect economic growth and stability. The list includes a wide range of topics that address current issues, recent trends, and future directions, covering areas such as asset pricing, financial risk management, fintech innovations, and sustainable finance. Whether you’re interested in traditional economic theories or cutting-edge technological advancements, these financial economics thesis topics will help guide you in developing insightful and impactful research.

200 Financial Economics Thesis Topics and Ideas

Financial economics is a broad and evolving discipline that studies how financial markets operate and interact with the overall economy. It incorporates elements from both finance and economics to explore critical issues such as asset pricing, financial risk, market efficiency, and monetary policy. This comprehensive list of 200 financial economics thesis topics is divided into 10 categories, each addressing key aspects of the field. These topics cover current issues, recent trends, and future directions, providing students with a wide range of options to explore for their thesis research.

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1. Asset Pricing Models

• The Efficient Market Hypothesis: Relevance in Modern Financial Markets
• The Impact of Behavioral Finance on Asset Pricing Models
• Testing the Capital Asset Pricing Model (CAPM) in Emerging Markets
• The Role of Information Asymmetry in Asset Pricing
• Pricing Models for Derivative Securities: A Comparative Study
• How Market Liquidity Affects Asset Pricing
• The Fama-French Three-Factor Model: An Empirical Analysis
• The Impact of Economic Indicators on Asset Prices
• Asset Pricing in High-Frequency Trading Environments
• The Role of Sentiment in Determining Asset Prices
• Pricing of Cryptocurrencies: A New Asset Class
• The Arbitrage Pricing Theory (APT) in Global Financial Markets
• Asset Pricing in the Face of Systemic Risk
• The Role of Corporate Governance in Asset Pricing
• How Global Economic Crises Influence Asset Prices
• The Impact of Climate Risk on Asset Pricing Models
• Asset Pricing in Real Estate Markets: A Case Study
• The Role of Investor Behavior in Pricing Anomalies
• Analyzing the Equity Premium Puzzle in Different Economies
• How Central Bank Policies Affect Asset Pricing Models

2. Market Efficiency and Anomalies

• The Efficient Market Hypothesis: A Study of Developed vs. Emerging Markets
• Market Bubbles and Crashes: Do They Disprove Market Efficiency?
• How Insider Trading Influences Market Efficiency
• The Role of Algorithmic Trading in Market Efficiency
• Testing the Weak, Semi-Strong, and Strong Forms of Market Efficiency
• The January Effect: Does It Still Exist?
• How Do Anomalies Affect Asset Pricing and Market Efficiency?
• The Impact of Speculation on Financial Market Efficiency
• Information Asymmetry and Its Role in Market Inefficiencies
• How Does Behavioral Bias Challenge Market Efficiency?
• Analyzing Arbitrage Opportunities in Inefficient Markets
• The Role of Market Regulation in Enhancing Efficiency
• Market Efficiency in the Cryptocurrency Market: A New Perspective
• How High-Frequency Traders Affect Market Efficiency
• The Role of Institutional Investors in Promoting Market Efficiency
• The Impact of ESG Investing on Market Efficiency
• Event Studies and Market Efficiency: A Comparative Analysis
• How Market Volatility Influences Efficiency in Financial Markets
• The Role of Public and Private Information in Market Efficiency
• How Technology and Data Analytics Are Transforming Market Efficiency

3. Financial Risk Management

• The Role of Risk Management in Corporate Finance
• Hedging Strategies and Their Impact on Corporate Profitability
• The Role of Derivatives in Managing Financial Risk
• How Companies Use Currency Risk Management Techniques
• The Impact of Financial Crises on Risk Management Practices
• Credit Risk Management in Financial Institutions
• How Firms Manage Interest Rate Risk in Volatile Markets
• The Role of Insurance in Corporate Risk Management
• How Companies Use Financial Instruments to Hedge Market Risk
• Analyzing Systemic Risk in Global Financial Markets
• The Role of Enterprise Risk Management (ERM) in Corporate Governance
• How Does Technology Influence Modern Risk Management Strategies?
• The Impact of Regulatory Changes on Risk Management in Banks
• The Role of Stress Testing in Managing Financial Risk
• How Globalization Influences Financial Risk in Multinational Companies
• Risk Management in the Face of Climate Change and Environmental Risks
• How Do Central Banks Manage Financial Systemic Risk?
• The Role of Credit Default Swaps (CDS) in Risk Management
• Liquidity Risk Management in Financial Institutions
• How AI and Machine Learning Are Transforming Financial Risk Management

4. International Financial Economics

• The Impact of Exchange Rate Fluctuations on International Trade
• How Globalization Influences Financial Integration Across Economies
• The Role of Foreign Direct Investment (FDI) in Emerging Markets
• How Currency Crises Affect Global Financial Stability
• The Effectiveness of Capital Controls in Developing Economies
• How Does International Monetary Policy Affect Financial Markets?
• The Role of Sovereign Debt in Global Financial Stability
• How Currency Unions Influence Trade and Economic Growth
• The Impact of Global Financial Crises on Developing Economies
• Exchange Rate Mechanisms and Their Influence on International Capital Flows
• How Global Trade Agreements Affect Financial Markets
• The Role of Central Banks in Managing Currency Crises
• How International Capital Flows Affect Stock Market Performance
• The Impact of Brexit on European Financial Markets
• How Trade Wars Influence Global Financial Stability
• The Role of Multinational Corporations in Global Financial Markets
• How Emerging Markets Respond to Global Financial Shocks
• The Role of Foreign Exchange Reserves in Financial Stability
• The Impact of International Sanctions on Financial Markets
• How Financial Technology Is Reshaping Global Trade and Finance

5. Behavioral Finance and Economics

• How Cognitive Biases Affect Investor Behavior in Financial Markets
• The Role of Overconfidence in Financial Decision-Making
• Herding Behavior in Stock Markets: Causes and Effects
• The Impact of Behavioral Biases on Asset Pricing
• How Loss Aversion Shapes Investor Behavior
• The Role of Behavioral Finance in Challenging the Efficient Market Hypothesis
• The Impact of Behavioral Factors on Financial Bubbles and Crashes
• How Does Behavioral Finance Influence Corporate Financial Decisions?
• The Role of Investor Sentiment in Market Anomalies
• Prospect Theory and Its Application to Financial Decision-Making
• How Emotion Affects Investment and Trading Behavior
• Behavioral Economics and Its Impact on Household Financial Decisions
• The Role of Framing Effects in Financial Choices
• How Availability Heuristics Shape Financial Market Expectations
• The Impact of Behavioral Finance on Long-Term Investment Strategies
• How Behavioral Biases Influence Risk Perception in Financial Markets
• The Role of Behavioral Finance in Explaining Market Inefficiencies
• How Anchoring Bias Affects Financial Market Predictions
• The Role of Behavioral Finance in Corporate Governance Decisions
• How Financial Advisors Use Behavioral Finance to Manage Client Portfolios

6. Corporate Finance and Financial Economics

• The Role of Corporate Governance in Enhancing Financial Performance
• How Capital Structure Decisions Affect Firm Value
• The Impact of Dividend Policy on Stock Prices
• How Mergers and Acquisitions Influence Shareholder Wealth
• The Role of Corporate Social Responsibility (CSR) in Corporate Finance
• How Financial Leverage Affects Corporate Risk
• The Impact of Capital Budgeting Decisions on Firm Growth
• How Corporate Finance Strategies Adapt to Changing Economic Conditions
• The Role of Share Buybacks in Corporate Finance
• How Corporate Governance Affects Financial Risk Management
• The Role of Corporate Taxation in Financial Decision-Making
• How Financial Ratios Predict Corporate Financial Health
• The Impact of Globalization on Corporate Finance Strategies
• How Corporate Finance Decisions Influence Market Performance
• The Role of Venture Capital in Corporate Financial Growth
• How Corporate Finance Practices Differ Across Global Markets
• The Impact of Corporate Debt on Financial Performance
• How Dividend Policies Affect Long-Term Shareholder Value
• The Role of Private Equity in Corporate Financial Management
• How Corporate Finance Strategies Respond to Financial Crises

7. Monetary Policy and Financial Markets

• The Role of Central Banks in Stabilizing Financial Markets
• How Interest Rate Changes Affect Stock Market Performance
• The Impact of Quantitative Easing on Global Financial Markets
• How Monetary Policy Influences Exchange Rates in Emerging Economies
• The Role of Forward Guidance in Shaping Investor Expectations
• How Negative Interest Rates Affect Financial Markets and Bank Profitability
• The Impact of Inflation Targeting on Financial Market Stability
• How Central Bank Independence Affects Financial Market Performance
• The Role of Monetary Policy in Mitigating Financial Crises
• How Do Central Bank Policies Affect Bond Market Yields?
• The Impact of Unconventional Monetary Policies on Asset Prices
• How Changes in the Money Supply Influence Financial Markets
• The Role of Central Banks in Controlling Speculative Bubbles
• The Impact of Global Monetary Policy Synchronization on Financial Markets
• How Exchange Rate Policies Affect Cross-Border Investment Flows
• The Role of Monetary Policy in Shaping Financial Market Liquidity
• How Central Bank Digital Currencies (CBDCs) May Influence Financial Markets
• The Relationship Between Monetary Policy and Financial Stability in Developing Economies
• How Interest Rate Differentials Drive Foreign Exchange Market Movements
• The Role of Central Banks in Managing Systemic Financial Risks

8. Financial Markets and Institutions

• The Role of Financial Institutions in Supporting Economic Growth
• How Banking Regulations Affect Financial Market Stability
• The Impact of Shadow Banking on Financial Markets
• The Role of Credit Ratings in Financial Market Performance
• How Financial Institutions Manage Liquidity Risks
• The Role of Investment Banks in Mergers and Acquisitions
• The Impact of Financial Institutions on Corporate Financing Decisions
• How Globalization Affects Financial Institutions and Market Integration
• The Role of Pension Funds in Shaping Financial Market Performance
• The Impact of Basel III Regulations on Bank Lending Practices
• How Microfinance Institutions Affect Financial Inclusion in Developing Economies
• The Role of Central Clearinghouses in Reducing Financial Market Risks
• How Investment Banks Influence IPO Performance
• The Role of Financial Institutions in Sustainable Investing
• The Impact of Fintech on Traditional Financial Institutions
• How Financial Institutions Influence Cross-Border Capital Flows
• The Role of Hedge Funds in Global Financial Markets
• How Financial Institutions Respond to Economic Crises
• The Role of Financial Institutions in Promoting Financial Literacy
• The Impact of Financial Institutions on Capital Market Liquidity

9. Sustainable Finance in Financial Economics

• The Role of Green Bonds in Financing Sustainable Development
• How Environmental, Social, and Governance (ESG) Criteria Affect Investment Decisions
• The Impact of Climate Risk on Financial Market Stability
• The Role of Corporate Governance in Promoting Sustainable Finance
• How Sustainable Finance Strategies Affect Asset Valuation
• The Role of Central Banks in Supporting Sustainable Financial Markets
• How Institutional Investors Influence Corporate Sustainability Initiatives
• The Impact of Sustainable Finance on Emerging Market Development
• How Carbon Pricing Affects Financial Market Performance
• The Role of Financial Institutions in Supporting the Transition to a Low-Carbon Economy
• How Sustainable Finance Affects Corporate Debt Issuance
• The Impact of Climate Change on Financial Risk Management
• The Role of Impact Investing in Global Financial Markets
• How Financial Regulators Promote Sustainable Investing
• The Impact of Green Finance on Corporate Financial Performance
• The Role of International Financial Institutions in Advancing Sustainable Finance
• How ESG Metrics Are Incorporated into Corporate Valuation Models
• The Role of Financial Markets in Addressing Global Climate Challenges
• How Sustainable Finance Is Shaping the Future of Financial Markets
• The Impact of Regulatory Frameworks on Sustainable Finance Practices

10. Fintech and Innovations in Financial Economics

• The Role of Blockchain Technology in Transforming Financial Markets
• How Cryptocurrencies Are Challenging Traditional Financial Systems
• The Impact of Artificial Intelligence on Financial Market Predictions
• The Role of Peer-to-Peer Lending Platforms in Modern Financial Markets
• How Digital Currencies Influence Global Payment Systems
• The Impact of Robo-Advisors on Investment Management Practices
• How Machine Learning Is Revolutionizing Financial Risk Management
• The Role of Fintech Startups in Disrupting Traditional Banking Services
• How Blockchain Is Enhancing Transparency in Financial Transactions
• The Impact of Crowdfunding on Corporate Financing Strategies
• How Smart Contracts Are Transforming Financial Transactions
• The Role of Fintech in Expanding Financial Inclusion in Developing Economies
• The Impact of Big Data Analytics on Financial Decision-Making
• How Digital Wallets Are Changing Consumer Payment Behavior
• The Role of Fintech Innovations in Shaping the Future of Asset Management
• The Impact of Cybersecurity Threats on Financial Technology Adoption
• How Financial Technology Is Enhancing the Efficiency of Capital Markets
• The Role of Tokenization in Shaping the Future of Financial Assets
• How Blockchain Is Influencing Cross-Border Trade and Finance
• The Future of Decentralized Finance (DeFi) and Its Impact on Global Markets

This comprehensive list of 200 financial economics thesis topics spans a wide range of critical areas in financial economics, offering students an opportunity to explore both foundational and cutting-edge issues in the field. Whether focusing on asset pricing models, the rise of fintech, or the implications of sustainable finance, these topics provide a platform for meaningful academic research that reflects the challenges and opportunities present in today’s financial landscape. Students are encouraged to select a topic that aligns with their academic interests and career goals, allowing them to contribute valuable insights to the growing field of financial economics.

The Range of Financial Economics Thesis Topics

Financial economics is a multidisciplinary field that combines principles from both finance and economics to explore how financial markets function, how financial decisions are made, and how these decisions affect the broader economy. It examines a wide array of topics, ranging from asset pricing and market efficiency to monetary policy and fintech innovations. Students who study financial economics are often tasked with selecting a thesis topic that not only reflects their academic interests but also addresses current challenges and trends in the field. This article outlines the range of financial economics thesis topics, focusing on current issues, recent trends, and future directions that students can explore to contribute to the growing body of knowledge in financial economics.

Current Issues in Financial Economics

One of the most enduring areas of research in financial economics is asset pricing . Asset pricing models, such as the Capital Asset Pricing Model (CAPM) and the Fama-French three-factor model, have long been used to determine the expected return on an asset based on its risk. However, there is an ongoing debate regarding the effectiveness of these models in today’s rapidly changing financial markets. Thesis topics such as “Testing the Capital Asset Pricing Model in Emerging Markets” or “The Role of Information Asymmetry in Asset Pricing” allow students to explore how traditional asset pricing models perform in different contexts, especially as markets evolve and new asset classes like cryptocurrencies emerge.

Another critical issue in financial economics is market efficiency . The Efficient Market Hypothesis (EMH) posits that asset prices reflect all available information, making it impossible for investors to consistently outperform the market. However, market anomalies—such as the January effect, where stock prices tend to rise more in January than in other months—challenge this hypothesis. Topics such as “The Role of Algorithmic Trading in Market Efficiency” or “How Insider Trading Affects Market Efficiency” allow students to explore whether financial markets truly operate efficiently and how certain behaviors or technological advancements might create inefficiencies.

Financial risk management is another pressing issue, particularly in light of the global financial crises that have occurred in recent decades. Managing financial risks—whether related to interest rates, currency fluctuations, or credit defaults—is crucial for corporations, financial institutions, and investors. The impact of new regulations, such as Basel III, on how banks manage their risks is a timely area of research. Thesis topics like “The Role of Derivatives in Managing Financial Risk” or “How Regulatory Changes Impact Risk Management in Banks” provide students with an opportunity to examine how financial institutions mitigate risk in today’s volatile markets.

Recent Trends in Financial Economics

One of the most prominent trends in financial economics in recent years is sustainable finance . Investors are increasingly considering environmental, social, and governance (ESG) factors when making investment decisions, and companies are being held accountable for their sustainability practices. Green bonds —bonds specifically issued to finance environmentally friendly projects—are gaining traction as a popular investment vehicle. Topics such as “The Role of Green Bonds in Financing Sustainable Development” or “How ESG Criteria Affect Investment Decisions” allow students to explore the growing importance of sustainability in financial markets and how these trends are reshaping investment strategies.

Another important trend is the rise of fintech and its impact on traditional financial systems. Blockchain technology , for example, has the potential to revolutionize how financial transactions are recorded and verified, while cryptocurrencies like Bitcoin challenge the very foundation of central banking systems. Fintech innovations, such as peer-to-peer lending platforms and robo-advisors, are also reshaping the financial landscape by offering alternatives to traditional banking services. Topics such as “The Role of Blockchain Technology in Transforming Financial Markets” or “How Cryptocurrencies Are Challenging Traditional Financial Systems” allow students to delve into how financial technology is changing the way financial markets and institutions operate.

Behavioral finance is another emerging area of interest within financial economics. Unlike traditional finance theories that assume rational behavior, behavioral finance considers the psychological factors that influence investor decisions. Cognitive biases, such as overconfidence and herding behavior, can lead to suboptimal investment decisions, contributing to market inefficiencies. Thesis topics like “How Cognitive Biases Affect Investor Behavior” or “The Role of Behavioral Finance in Explaining Market Anomalies” provide students with the opportunity to explore how human behavior challenges traditional economic theories and contributes to phenomena like market bubbles and crashes.

Future Directions in Financial Economics

As financial markets continue to evolve, artificial intelligence (AI) and machine learning are expected to play an increasingly significant role in financial analysis and decision-making. AI-driven algorithms can process vast amounts of data more efficiently than humans, enabling financial institutions to make faster, more informed decisions. These technologies are also being used to predict market trends, optimize portfolios, and manage risks. Topics such as “How Artificial Intelligence Is Transforming Financial Market Predictions” or “The Role of Machine Learning in Financial Risk Management” offer students the chance to explore the potential of AI to revolutionize the financial sector.

Another future direction in financial economics is the rise of central bank digital currencies (CBDCs) . As digital currencies gain popularity, central banks around the world are exploring the possibility of issuing their own digital currencies to complement or even replace traditional fiat currencies. CBDCs could have significant implications for monetary policy, financial stability, and cross-border payments. Thesis topics like “The Future of Central Bank Digital Currencies and Their Impact on Global Finance” or “How CBDCs Will Shape the Future of Monetary Policy” allow students to investigate how digital currencies could transform the global financial system.

Finally, sustainable finance is likely to become even more important in the future, particularly as climate change poses increasing risks to the global economy. Investors and regulators are expected to put more pressure on companies to adopt sustainable business practices, and financial markets will need to adapt to this new reality. The integration of ESG factors into financial decision-making will continue to influence asset pricing, risk management, and investment strategies. Topics such as “The Role of Financial Markets in Addressing Global Climate Challenges” or “How Sustainable Finance Is Shaping the Future of Financial Markets” provide students with the opportunity to explore how financial markets will evolve in response to the growing demand for sustainability.

The field of financial economics offers a broad range of thesis topics, from traditional issues like asset pricing and market efficiency to recent trends such as fintech innovations and sustainable finance. By selecting a relevant and timely topic, students can contribute to the ongoing discourse in financial economics and gain a deeper understanding of how financial markets operate and evolve. Whether focusing on current challenges, like managing financial risk, or exploring future directions, such as the role of AI in financial decision-making, students have the opportunity to produce meaningful research that can help shape the future of the field. As financial markets continue to change, driven by technological advancements and global challenges, the study of financial economics will remain critical for understanding how these changes impact the economy and financial systems worldwide.

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Improving economics teaching and learning for over 20 years

Undergraduate Dissertations in Economics

A practical guide

1. Introduction

2. the uk experience, 3. the dissertation life-cycle, 4. an alternative to the dissertation.

Emeritus Professor Peter Smith, University of Southampton  First published 2009  Revised version July 2016

https://doi.org/10.53593/n169a

For many students, the dissertation is the culmination of their undergraduate careers, and a rewarding and satisfying experience that gives them the opportunity to undertake an in-depth study of a topic that interests them. However, it can also become a traumatic and disillusioning venture for students who do not engage with the research, or who have a bad experience with some aspect of the dissertation process.

This chapter sets out to share good practice and provide guidance for co-ordinators, curriculum planners and supervisors, highlighting danger areas and providing discussion of some of the more contentious aspects of the dissertation process.

A key aim of any honours degree programme in the UK is to encourage students to become independent learners. This is no easy task in an environment in which many students arrive from school or college with preconceived notions of what is meant by study, and an array of expectations about the support they will receive from academic staff, not to mention the feedback and interaction with staff that they can expect.

The Quality Assurance Agency (QAA) in August 2008 set out the Frameworks for Higher Education Qualifications in England, Wales and Northern Ireland , which contains the following descriptor for a Bachelor’s degree with honours:

‘Bachelor's degrees with honours are awarded to students who have demonstrated:

• a systematic understanding of key aspects of their field of study, including acquisition of coherent and detailed knowledge, at least some of which is at or informed by, the forefront of defined aspects of a discipline
• an ability to deploy accurately established techniques of analysis and enquiry within a discipline
• to devise and sustain arguments, and/or to solve problems, using ideas and techniques, some of which are at the forefront of a discipline
• to describe and comment upon particular aspects of current research, or equivalent advanced scholarship, in the discipline
• an appreciation of the uncertainty, ambiguity and limits of knowledge
• the ability to manage their own learning, and to make use of scholarly reviews and primary sources (e.g. refereed research articles and/or original materials appropriate to the discipline).’

(Source:   http://www.qaa.ac.uk/en/Publications/Documents/Framework-Higher-Education-Qualifications-08.pdf  )

In the context of an economics programme, where in many cases students can arrive at university with no prior knowledge of the discipline, it is ambitious to think that students will be able to use ideas and techniques ‘at the forefront’ of the discipline after only three years of study, especially if this is really to be the aim for all honours students. On many programmes, the dissertation has become the prime vehicle by which students find an opportunity to become independent learners and to confront current research. For many students, the dissertation is the culmination of their undergraduate careers, and a rewarding and satisfying experience that gives them the opportunity to undertake an in-depth study of a topic that interests them. However, it can also become a traumatic and disillusioning venture for students who do not engage with the research, or who have a bad experience with some aspect of the dissertation process.

After a brief investigation of the current experience in the UK, this chapter is organised around the typical life-cycle of a dissertation, divided into a series of stages:

• laying the foundations
• topic selection
• early practicalities
• supervision
• progress monitoring
• data issues
• dissertation structure
• academic integrity.

As background to this chapter, a brief email survey was undertaken to gather information about the role of the undergraduate dissertation in economics departments across the UK. A report on this survey may be found in Appendix 1 .

From the survey it seems that dissertations are a part of the majority of Economics programmes in the UK. However, there are significant differences in the way in which the dissertation module is organised, and the way that students experience the dissertation.

A particular issue is whether all students should be required to complete a dissertation as part of their undergraduate programme. In some institutions, the dissertation is indeed compulsory for everyone, but elsewhere it is restricted to single honours students, or to those students who obtain an average of 60% or more in their second year. The QAA’s descriptor quoted above suggests that all students should receive some exposure to research, but clearly joint honours students are likely to find this more challenging than the specialists, having acquired less in-depth familiarity with either of their chosen disciplines.

Where joint honours students are required to take the dissertation, it may be necessary to adjust the expectations in terms of content. For example, whilst a single honours student with some exposure to econometrics may be expected to undertake some empirical work, it would be unreasonable to expect a joint honours (e.g. Politics and Economics) student to have the same familiarity with econometric methods. It has been known for students to try to teach themselves econometrics, which can prove disastrous.

Whether the dissertation should be limited to the better students is a moot point. On the one hand, it could be argued that weaker students should have equal access to the dissertation option; it may even be that there are some students who may achieve a better result on the dissertation where they can immerse themselves in a topic and produce a polished piece of work, than they could produce under examination conditions or in a problem-set-oriented assessment. On the other hand, experience suggests that weaker students require more supervision, and are more likely to resort to practices that breach academic integrity guidelines.

For these reasons, it may be necessary (or desirable) to provide alternative ways of exposing joint honours and weaker students to research methods. This will be discussed later in section 4 .

Where the dissertation is compulsory for all students, the organisation of the module causes concern. When there are large numbers of students requiring supervision, the load on individual staff members becomes heavy – especially given that some topic areas (and some staff members) tend to be more popular with students than others. It may then be necessary to find some way of spreading the supervision load across available staff or accommodating differences through a workload management system. Spreading the load evenly may result in inconsistency in the supervision provided, which can be very difficult to monitor effectively.

Another major impact on the dissertation has been the rise of the internet, and the ease with which students are able to find material. This can lead to excessive reliance on sites such as Wikipedia, and makes it imperative to be able to monitor standards of academic integrity. Almost all of the survey respondents reported using TurnitinUK, whether as routine for all dissertations submitted, for a random sample or for suspect cases. The traditional remedy of holding vivas for all student dissertations becomes extremely costly when large numbers of students are involved (one institution reported that more than 500 dissertations are submitted in a typical year). Nonetheless, this practice appears to have survived in some economics departments.

3.1 Laying the foundations

3.2 topic selection, 3.3 some early practicalities, 3.4 supervision, 3.5 early progress monitoring and the dangers of the last minute rush, 3.6 data issues, 3.7 dissertation content and structure, 3.8 submission, 3.9 assessment, 3.10 academic integrity.

There is a sense in which the whole of learning and teaching in a programme can be seen as preparation for the dissertation, as it provides the opportunity for students to draw holistically upon the range of material that they have studied during their programme. However, the dissertation is a very different exercise from anything else that they will have been required to undertake and specific preparation is needed.

First, some training in research skills will need to be provided. This may or may not take place as part of a specific module within the programme that is devoted to preparation for the dissertation, perhaps in the penultimate year of study. This needs to include general discussion of research in economics, and the ways in which economists undertake research and scholarship. It is important to remember that this is likely to be a wholly new experience for most students, who may be well drilled in problem solving and mathematical exercises, but who may not have had much exposure to the practicalities of economic research.

The booklets by Greenlaw (2006) and Neugeboren (2005) may be useful references for students at this stage of the process, or they may wish to visit the "Doing a dissertation" tab of the Studying Economics website run by the Economics Network.

Included in this research training it is important to provide some guidance in library skills and the use of evidence in economics research. Being able to evaluate evidence, to weigh up the importance of a set of results and to be aware of the limitations of the evidence produced are challenging skills for students to develop.

There are different approaches to providing such research methods training. It may be that library staff will be able to provide sessions in library skills. It may be wise to incentivise students by awarding a small percentage of the dissertation marks for a library skills exercise. For example, students could be required to undertake an online literature search related to their chosen topic and produce a preliminary reading list. This has the added benefit for forcing them to start their research at an early stage of proceedings.

Depending on programme structure, some students may have had extensive exposure to statistical and econometric methods, so may be accustomed to handling data and interpreting results. However, there may still be a difference between running some regressions in response to a specific exercise during an econometrics module and devising a model to allow testing of a specific hypothesis.

Where students have not been exposed to econometrics, this will clearly affect the scope and nature of research that they can undertake. It may be that they are restricted to a theoretical approach or a literature review style of project, or that they need to find alternative ways of presenting evidence. Where there is a mixture of single and joint honours students it may well be that there are students working on similar topic areas, some of whom know some econometrics and others not. This can create particular pressures on the joint honours students, who may feel obliged to try to use techniques with which they are unfamiliar. This is almost always disastrous. It also becomes important that the skills base of students is taken into account during the assessment process, so that students without training in econometrics are not unduly penalised by markers.

It is increasingly crucial to provide clear guidance on academic integrity at an early juncture. Section 3.10 explores this issue in more depth.

Where there are large numbers of international students, support may need to be provided in academic writing. Indeed, such support may be necessary more generally, given that so many economics assessments are based on problem sets and exercises, rather than on extended continuous prose. There is some evidence that the writing skills of UK students may also need to be further developed in this context.

From a student perspective, finding a topic for the dissertation is a critical step. One of the key strengths of the dissertation is its capacity to engage the student by arousing interest and motivating through a sense of discovery. However, it can also be a stressful part of the process, especially for some weaker students who may not have strong ideas about topics that might inspire interest, and who may be daunted by the prospect of undertaking the task. Failure to find the right topic can be a recipe for a weak dissertation that does not fulfil the intended outcomes.

When the numbers of students looking for dissertation topics are relatively small, then it may be that students can be left to choose their own topics – probably subject to the availability of an appropriate supervisor or the submission of a coherent research proposal. With large numbers of students, this laissez-faire approach may not be feasible.

An alternative approach is to provide students with a list of topics from which they can choose. These topics may be closely circumscribed, or may simply offer a general topic area, leaving the student to focus on a specific research question within that topic area.

The advantage of providing very general topics is that that it leaves the responsibility of formulating a specific research question with the student. This is a key part of research in economics, of course, so it is good (albeit challenging) for the student to have to think about how to go about it. It also has the benefit of giving the student ownership of the question to be investigated, which helps to provide motivation.

Where there are large numbers of students, topic choice can be handled online.

Students can submit their preferences through a webpage, and asked to specify their top four choices and rank them. Students can then be allocated to topics and supervisors, with no guarantee that they will get their first choice – depending on whether certain topics are over-subscribed.

It is helpful for students if a selection of past dissertations is made available to current students to provide some guidance on what is expected of them. However, if the same topics appear for too many successive years, there may be the obvious danger of plagiarism. Even where this does not extend to actual copying, there is the danger that students will simply adopt the same dissertation structure as used by previous students rather than working through this part of the process on their own.

Top tips: dissertation topics

There are several ways in which students can find (or be allocated) the topic for their research.

Students find their own topic, and then look for a supervisor

This may work where the number of students is limited, but may be more difficult to manage when numbers increase. Some staff members are likely to be overwhelmed with requests, especially if they happen to have taught popular second year modules.

Students may also congregate around topics of recent interest – the financial crisis, the impact of migration, or the economics of Brexit…

Others may delay thinking about their topic until it is too late, or may choose topics that prove to be impracticable.

Staff declare topic areas in which they are prepared to supervise projects

This seems to work for a number of institutions. Topics here may be defined broadly – labour economics, development economics, or monetary economics. This may also produce bunching around some staff members.

A list of topic areas is provided

This entails listing key areas of economics – public economics, behavioural economics etc. Students are then allocated a supervisor, where possible a supervisor with a specific interest in that area. Bunching can be ameliorated by not guaranteeing that the allocated supervisor will be an expert in that field. After all, at undergraduate level, detailed knowledge of the topic area may not be crucial.

A list of topics is provided

More specific titles could be provided, rather than general areas. Some staff may prefer this, but others may not. Too specific a topic may attract no students at all (there are only so many undergraduates burning to undertake research into theoretical issues in econometrics).

For example, a topic such as ‘Child labour in less developed countries’ offers wide scope for tackling the issue in different ways and different contexts. A more specific topic such as “Are household members altruistically linked? an examination based on the Mexican anti-poverty programme Progresa’ is much more prescriptive, and may deter students.

There will always be students with fixed ideas about what they wish to research, and these should be accommodated where possible and plausible.

Legislation impinges on the dissertation process, and students may all be required to complete risk assessments before they start their research. The impetus from this comes from Health and Safety legislation in place since 1992, and many universities require such assessments for undergraduate and postgraduate students undertaking research. The need for this is perhaps more obvious where students are carrying out experiments in the physical sciences, but may also be important in the social sciences. There may also be a need to seek ethics approval, especially where research involves the use of human subjects, for example, where students intend to undertake surveys or to conduct experiments using human participants.

Given that most economics dissertations tend to be desk studies that do not involve the use of human subjects, the bureaucracy may be viewed as superfluous. Nonetheless, compliance with the law is essential. This may be especially important where economics as a discipline is part of a wider School of Social Sciences. Sociologists who decide to interview local drug dealers as part of their dissertation research clearly face rather different risks and ethical issues than an economist who decides to estimate a consumption function from macro data.

Sample forms can be viewed in Appendix 2 . The ethics form is designed for a School of Social Sciences. The expectation is that the vast majority of economics projects will qualify to skip from question 1 to question 15, thus minimising the paperwork whilst still complying with the demands of the legislation.

Given the requirements of the Data Protection Act, it is also advisable to ask students to give permission for their completed dissertations to be made available within the university for succeeding generations of students. This then allows a database of previous dissertations to be mounted on an internal website or a Virtual Learning Environment (VLE) such as Blackboard or Moodle.

It is also important at the outset to be absolutely clear about some aspects of the dissertation. In particular, students seem to get very exercised about word length. In many UK undergraduate economics programmes, the dissertation counts as a double module in the final year – for example, 15 ECTS, or a quarter of the assessment for the year. Given the importance of this piece of work (especially where the final year carries a heavy weight), it is probably appropriate for the dissertation to carry a word length of 7,500 to 10,000 words. Notice that this may depend on institutional demands set by your School, Faculty or at University level.

Top Tips on the word limit

• Be explicit from the start about what is included and not included in the word count. When students get near to submission time, the chances are that they will be hitting the limit, and will want to exclude as much as possible from the count. To remove ambiguity, it is wise to be clear.
• Acknowledgements
• Table of contents
• Bibliography
• Figures (i.e. diagrams, maps)
• Tables of data
• Prohibit the widespread use of appendices – otherwise, students will simply carve chunks of material out of the main text and stash it away at the back in the hope that it will not count. Make it clear that appendices will be part of the word count (perhaps allowing some appendices to be exempt, e.g. raw data, with the express permission of the supervisor).
• Then state that everything else counts. Students will still find questions to ask (what about footnotes?), but if you have been explicit you will be on reasonably firm ground – and you can point out that the rules are the same for everyone.
• In order to enforce the word limit, you will probably need to impose penalties for exceeding it. A sliding scale is probably best – say, 1 percentage point per 100 words (or part thereof) by which the dissertation exceeds the limit. This provides students with the incentive to learn to be selective and to avoid waffle in presenting their report. And it seems to work!

The provision of good supervision is crucial to the success of the dissertation. In many institutions facing increasing student numbers, the amount of contact between staff and students on a one-to-one basis is in decline. Indeed, it may be that the supervision of the dissertation provides the single most important opportunity for students to interact on a personal basis with a member of the academic staff. Some students may be intimidated by this, but if the relationship works, it can be mutually rewarding as an educational experience.

As in many other areas of learning and teaching, it is important to manage student expectations of the supervision process. It is helpful for students to be told clearly what they can expect from their supervisor. This may be expressed in terms of an entitlement, rather than being left open-ended. Such an entitlement could be expressed in terms of a number of meetings that each student is entitled to have with their supervisor or it could be expressed in hours. Experience with operating such a system is that although some students may request assistance above their entitlement – and this need not be prohibited within the scheme – others may choose not to avail themselves of their full entitlement. In the context of encouraging students to become independent learners, it may not be desirable to insist that all students attend for a given number of sessions. It is this that makes the entitlement system an attractive way of specifying what is the normal expectation for supervisory contact.

Such an approach has the added benefit of helping to manage the supervisors’ expectations of the process. Supervisors need to know what is expected of them in terms of reading drafts, marking, length and frequency of meetings, and so on. It is also crucial that both supervisors and students have the same expectations of what is involved. Being explicit about this is thus crucial for both groups.

Achieving consistency of supervision provision is one of the challenges, especially when large numbers of students are in need of supervision. Just as some students may need more help than others, it is also important to be aware that some supervisors may be more comfortable in the role than others, or more prepared (or able) to make themselves available.

It is also common for certain topic areas to be more popular than others – and for some supervisors to be more popular than others. If unregulated, this can lead to a situation in which some members of staff find that they have much heavier loads than their colleagues.

Some fair way of allocating supervisory responsibilities may thus be needed. One possibility is to ensure that supervisory loads are recognised as part of a workload management system, in which there is a trade-off between supervisory responsibilities and other forms of teaching contact. An alternative is to allocate loads evenly across available staff. This may require allocating students to topics that are not their first choice, or requiring supervisors to oversee topics of which they have little specialist knowledge. This needs to be monitored carefully to safeguard the student experience. However, at the undergraduate level, specialist knowledge of topic areas may be less crucial than at masters’ or doctoral level.

There may be benefits from group supervision of students following similar topics, not only in terms of economies of scale, but also because the students may be able to learn from each other. Economies of scale may arise because much of the advice given to students will be common – the central importance of economic analysis, the need for a literature review, the interpretation of evidence, how to avoid plagiarism and so on.

At my university, each supervisor is responsible for between six and ten students. It may be highly time-consuming to meet each supervisee separately on a one-to-one basis, but there are some issues that can be readily communicated in group sessions, perhaps even in combination with a colleague supervising in similar topic areas.

A first meeting could take place early in the year, or at the end of the penultimate year, when students have been allocated their topics and supervisors. This would be a preliminary briefing meeting, to answer questions and concerns, highlight some key relevant readings and data sources, and explain how the supervision will be conducted. Some preliminary explanation of how to structure a good dissertation is also provided, together with some discussion of what is meant by academic integrity.

At a second meeting each student could be asked to talk about their topic, outline their progress to date, identify their research question (if they have formulated it) and comment on any problem areas that they have encountered.

A third meeting could be held towards the end of the first term. By this time, students will have been required to submit an interim report, in which they sketch out their proposed research, including an explanation of their research question, and the methodology that they propose to use in order to investigate their question. This is an opportunity to provide feedback and progress to date, to suggest future directions and to identify potential problems.

A fourth meeting could be held towards the end of the second term. Before this meeting, you could invite each student to submit an extract from the first chapter, including their explanation of their research question. In the meeting, you could comment on writing styles and referencing, and provide an opportunity for questions. The importance of maintaining standards of academic integrity also needs to be stressed.

Students should also be encouraged to meet up on a one-to-one basis if they have questions that are specific to their own research.

In some institutions, this is taken one step further, through the provision of a whole module (normally in the second year) that deals with research methods. The economies of scale in doing this are even greater, of course, as one individual (or a relatively small number of staff) can provide the generic advice that all students need in approaching the dissertation. Such dedicated modules are not always popular with students, who may see the material as being fragmented and of little relevance to them at the time. In other words, they may need to be convinced that they really will need this material at a later stage. Such modules are not always popular with the staff either. They may not be appealing to teach, and also put pressure on the curriculum. When so much other material has to be covered in the second year, there may be a reluctance to use up a whole module on research methods that could have been used to provide more micro theory or econometrics.

A frequent complaint about students undertaking undergraduate dissertations is that they leave everything until the last minute. The pressures of other coursework items and mid-term or mid-year examinations may encourage students to devote their time to these, as the dissertation seems less urgent.

There are various ways of trying to encourage students to start work on their research early, and not to rely on a late rush. It may be worth drawing an analogy in early discussions with them. Few students would think of arriving at an exam with only a few minutes to go, and thus finding they have no time to answer the questions. So, why should they think they can fritter away their dissertation time and start work on it when it is too late to do it justice?

However, as economists, we understand about incentives, and thus realise that exhortation alone will not suffice. We need to provide good incentives if we expect students to start work early.

One possibility is to require students to give a presentation of their intended research at an early stage of proceedings. This could be a presentation to their peers with a member of academic staff present. It would even be possible to designate a discussant for each presentation or for a small percentage of the overall mark to be attached to it. However, as soon as numbers begin to grow, this option begins to become very costly in time and effort. Ensuring consistency in the assessment becomes problematic – although if it is a very small percentage of the overall mark, this may be less crucial. If the presentation becomes more than a small percentage, then the logistics of enabling appropriate external examining becomes a potential issue.

An alternative is to introduce an interim report or research proposal that has to be submitted at an early stage. Again, attaching a modest percentage of the overall marks to this report has good incentive effects, and provides an early check to identify students that are not engaging with the process, or who have unrealistic grandiose plans for solving the world’s problems in 10,000 words. It is also a good opportunity to provide formal feedback – an important consideration when the paucity of feedback is a common criticism emerging from questionnaire surveys.

It may be helpful to ask students to submit draft material (or even chapters) to provide a framework for discussion in supervisory meetings – and to do so before the meeting takes place. There is nothing worse than having a student arrive to discuss their work clutching their precious draft, only to find that the time is mainly spent in the supervisor reading it, rather than being able to discuss it. It should be made clear that this is not for the purpose of proof-reading, which is not the supervisor’s responsibility. It may be worth setting a timetable for such discussions at the beginning of the year – which then forces the student into a regular schedule of work. Of course, your institution’s rules may prohibit the reading of draft material. You may also think that it is possible to go too far in helping the student, as this may militate against encouraging independent work and time management. However, it can make for more productive supervisory meetings – and anything that highlights that you are providing feedback may pay dividends in national student surveys.

The other task that must be tackled at an early stage is data hunting. Students embarking on empirical work – probably for the first time – almost always have over-optimistic views of the data that are likely to be available. Perhaps a student has been to a course in development economics that has stressed the importance of human capital formation in stimulating improvements in agricultural productivity. An interesting project might be to examine the effect of primary schooling on agricultural productivity in rural Zanzibar. Or to examine the effect of overseas assistance on the provision of health care in Papua New Guinea. Panic then sets in when it transpires that, with only a few weeks remaining, there are no data to be found.

Again, this is partly a question of managing student expectations – and of getting students to hunt for their data as early as possible.

Of course, there is a time inconsistency problem here. We tell the students that they must look for data as soon as possible… but we also tell them that they should think about the underlying economics of their topic first, in order that they know what data they will require. Without this proviso, the danger of data-mining is high. Students told to look for data early may well see what they can find, run a few regressions and then see if they can find a theory that will match their results.

There is a lot of data readily available on the internet. This brings good and bad news. The good news is that there are more data accessible on a wide range of economic topics that students can readily obtain. This expands the range of topics on which they can undertake empirical work – and they are aided and abetted in this by the software at their disposal to enable them to produce lots of results. The bad news is that the scope for doing foolish things and getting nonsense results is also much expanded. The ease of use of today’s software makes it very easy to produce results that go way beyond the competence and understanding of the students. Indeed, a key part of the supervisor’s role may be to rein in the over-enthusiastic student to ensure that the work undertaken is appropriate for the topic being investigated, and the reasonable ambition of the student given knowledge and understanding of statistical and/or econometric methodology. This reining in has to done in a sensitive way, so as not to discourage or dishearten. A fine line to tread.

Provide web links to the most relevant data sources.

Providing web links to key recommended data sources is wise. This can be accomplished through a dedicated dissertation webpage or VLE. The links can then be tailored to the needs of a particular cohort of students. There is also a helpful section on the Economics Network website that provides links to freely available data .

One obvious situation in which this can be an issue is where a student has received no training in econometrics, but has heard of ‘regression’ and perceives that no dissertation is complete without it. There may be some bright students out there who can teach themselves regression along the way and produce sensible results. But for every one such student, there are likely to be countless others who will be unable to produce coherent results. For the econometrically untrained, more modest objectives need to be set for the analysis of empirical data. However, the collection of data, and the marshalling of evidence in support (or not) of an hypothesis, is a central part of research in economics. In some cases, students may sign up for an optional course in econometrics for which they are ill-prepared. This has a doubly damaging impact, as they may fail the module as well as finding themselves no better off for the research.

Another pitfall is where a student with some econometric training collects data and runs some regressions, but is unable to produce results that are consistent with any known economic theory. Panic then sets in. Can economic theory really be so wrong? It takes confidence for a novice researcher to look at a set of seemingly meaningless results with equanimity. It may then be for the supervisor to reassure, and to point out how many possible explanations there are for seemingly contradictory results. Perhaps the data do not measure what the model demands. Perhaps a more sophisticated econometric methodology is required. Perhaps there are omitted variables. And so on. The student researcher may then need to be persuaded that it is perfectly OK to present weak results, so long as some awareness is shown that the analysis has limitations, and that there are many possible reasons for the seeming contradictions.

It is important to remind students of the key objective of the dissertation – namely, to showcase what they have assimilated during their degree programme. If they can show competence in applying economic analysis and (perhaps) econometric techniques in a topic area of their choice, then they are on their way to a reasonable mark. They will not be submitting their dissertation to Econometrica .

‘The secret of happiness lay in limiting the aspirations.’ Thomas Hardy in The Woodlanders .

Students who have spent most of their undergraduate careers solving problems and tackling exercises are likely to need specific help in constructing a coherent argument through continuous prose and appropriate structuring of material. Furthermore, the dissertation will require them to move beyond the descriptive to analysis and evaluation. These are also key skills that may only be developed through the dissertation in many economics undergraduate programmes.

There are several guides available providing advice to students on how to structure a report on a piece of economic research (e.g. Neugeboren (2005); Greenlaw (2006) ).

A typical structure

From Neugeboren (2005)

Students need further guidance to keep an appropriate balance between the key components. The temptation is to use up too many words in the early sections in introducing the topic and describing the background. This is especially tempting in relation to some projects. For example, a student investigating a question in the context of a particular country may begin by describing the economic conditions of that country, so that the report comes to resemble something more appropriate for economic history or geography than economics. On the other hand, there may be a temptation to take some of the economic analysis for granted, thus missing the opportunity to demonstrate knowledge and understanding of economic analysis and thereby showcasing their skills to the examiner. This question of knowing what to include and what to omit is a tricky one, and an area in which supervisors will need to be ready to offer guidance. Another challenge is for students to be evaluative and analytic, going beyond description.

At the outset, students often find it intimidating to launch themselves on writing an 8,000 or 10,000 word report. It is important to find a way of overcoming this. One way is to encourage students to draw up a chapter plan at an early stage. This could be based on the general pattern set out above, with the students being asked to draft a few sentences describing the intended content of each chapter, and a target word count. This has the advantage of breaking the overall task into a sequence of shorter pieces of work, which may be less intimidating. Making some examples of previous dissertations available for students to consult may also be helpful, as they are able to see what can be achieved, as well as getting a feel for how to structure a long report.

Make sure there is no ambiguity about the deadline for submission and the penalties for missing it.

Another danger point comes at submission time. Be clear about the conditions under which an extension might be granted and how and whether this might be authorised. In addition, be clear about the conditions in which an extension will not be granted. For example, you might want to be explicit that extensions will not be granted for frivolous reasons or because ‘my computer crashed’. There are good reasons for being strict about this. One of the skills that students derive from producing a dissertation is project management. Meeting deadlines will give students the opportunity to practise time management. A student who does not understand the need to keep back-up copies of files will have a rude awakening in the world of work. Furthermore, a student granted an extension is likely to find that there are knock-on effects in terms of exam preparation.

Assessment is a crucial part of the dissertation process and entails a number of problematic issues.

It is important that students have a clear idea of what is expected of them in producing a dissertation. Unlike the problem sets and exercises that characterise much of assessment in economics, there cannot be a specific mark scheme for the dissertation. However, it is possible to provide a set of grade descriptors designed for the dissertation, showing the characteristics that markers will be looking for in allocating marks to the final product. This helps in forming student expectations and provides transparency. A sample set of descriptors is available in Appendix 3 . These descriptors can be tailored to local requirements. Asking markers to highlight a copy of the descriptors for each student being assessed indicating how well they have performed on each aspect is a good way of reaching comparability of standards across markers, and providing feedback to students afterwards.

There is no universal agreement that this approach is desirable. It has been argued that marking to descriptors enforces too much conformity and inhibits markers from examining with their own personal and professional judgement. However, this may be an argument for framing the descriptors in such a way that they are not overly prescriptive, but yet identify the intended outcomes on which the assessment of the dissertation should be based. When large numbers of students are involved, it may be that personal and professional judgement has to be harnessed in order to ensure equity in treatment.

Another way of trying to manage student expectations is through some element of peer- or self-assessment – not necessarily as part of the summative assessment. For example, students could be encouraged to evaluate a fellow student’s research proposal or presentation. Alternatively, a self-assessment checklist could be required as part of the dissertation submission, itemising key aspects of the dissertation. A sample self-assessment form is available through the Appendices .

Students may also gain confidence in their work if some portion of the summative assessment is derived from interim pieces of work, such as the research proposal, a presentation or library skills project. This can also incentivise students to manage their time and receive feedback on how they are progressing.

Achieving consistency in assessment is challenging, especially where the number of dissertations to be marked is large so that marking has to be spread between a relatively large number of staff members. Consistency is also difficult because of the wide range of dissertation topics that is possible. The use of descriptors can help here, as they are cast in general terms that do not vary across topics. The danger is that some markers will be more diligent than others in giving marks based on the descriptors. At department level, this could be monitored by constructing a spreadsheet to compare mean marks (and the standard deviation) for each pair of markers. This may help to reassure external examiners that marking has been carefully undertaken — as well as ensuring equality of treatment for students.

The nature of the dissertation is such that it is difficult to maintain anonymity in the marking, so this is one type of assessment where double-blind marking must be retained, rather than some form of sample moderation process.

Where the economics dissertation can be taken by both single honours students and those following joint honours, it is important for markers to be aware of what is reasonable for particular students to produce. A politics and economics student should not be penalised for avoiding econometric work, nor should a single honours economics student be penalised for lacking background in political science.

One of the issues on which practice varies between universities is the question of whether the supervisor should or should not be one of the markers of the dissertation. Some argue that the supervisor should be excluded from the assessment process in order to ensure independence of the marking, whereas others argue that the supervisor is able to identify the extent to which the student had received assistance as part of the supervisory process. Consistency may be more likely where marking is organised to mix up the pairings of first and second markers.

Given the ubiquity of the internet, it has become impossible to discuss undergraduate dissertations without also discussing the greater opportunities for student plagiarism. The internet provides students with access to a vast range of material, and anecdotal evidence suggests that many students arrive at university with at best a sketchy understanding of methods of scholarship and standards of academic integrity.

Inculcating a sense of what constitutes academic integrity at an early stage in the degree programme is critical. This approach – stressing that there are expected standards for student work – is to be preferred to instructing students simply to ‘avoid plagiarism’. The notion of avoiding plagiarism is almost tantamount to telling students not to get caught, whereas setting expected standards is a more positive tack to take.

The importance of academic integrity is reflected in the fact that there is a whole chapter in this Handbook by Jeremy Williams devoted to the topic. The detail of this discussion will not be repeated here, where the focus will be on academic integrity in the dissertation.

Jeremy Williams identifies three types of plagiarist. The ‘lazy plagiarist’ takes the work of another author and puts his or her own name to it, and may use a ‘cheat’ site in order to purchase a dissertation or part thereof. The ‘cunning plagiarist’ uses the work of another author or authors, but changes things sufficiently to avoid detection. ‘Cut-and-paste’ characterises this approach. The ‘accidental plagiarist’ does not even realise that they are plagiarising – for example, they may have taken notes on a journal article in the early stages of their research without realising that they were simply noting down the original author’s words. They then construct their dissertation from those notes. In some cases, students from a Confucian tradition may believe that in reproducing the words of the experts they are paying them a compliment, and may find it culturally difficult to criticise or even amend what has been printed in a textbook. The use of anti-plagiarism software will throw up examples of all three types.

In the email survey of UK economics departments, most made use of TurnitinUK as a way of identifying whether plagiarism has taken place. The convenience of this is that a dissertation submitted via a VLE can be automatically screened for overlap with TurnitinUK’s growing database. The disadvantage is that the output produced by the software requires very careful interpretation. The software produces a Similarity Index (SI), which quantifies the degree of overlap with material in the database. A high SI does not necessarily indicate plagiarism, but it does help to highlight which dissertation submissions are suspicious.

An important practical point to remember is that when students submit their dissertation they should not only be asked to sign a declaration stating that the work is their own, but also that they understand what is meant by academic integrity and that their dissertation will be checked by TurnitinUK.

Sample declaration for students to sign on submission:

I understand that by signing the declaration below, I have read and accepted the following statements:

• I have read and understood the University’s Academic Integrity Statement for Students, including the information on practice to avoid given the Statement and that in the attached submission I have worked within the expectations of this Statement.
• I am aware that failure to act in accordance with the Academic Integrity Statement for Students may lead to the imposition of penalties which, for the most serious cases, may include termination of the programme.

I consent to the University copying and distributing any or all of my work in any form and using third parties (who may be based outside the EU/EEA). This may include the use of anti-plagiarism software (e.g. TurnitinUK) to verify whether my work contains plagiarised material, and for quality assurance purposes.

Perhaps more valuable than its diagnostic properties is the deterrent value of TurnitinUK. The very fact that all dissertations are to be screened may encourage students to take care in their work. If this does not suffice, then a practical demonstration may be effective.

Encouraging good academic practice

Find a brief paper written by a member of staff in the department and submit it to TurnitinUK. Then hack the article about. Include some quotations (some with, some without quotation marks), paraphrase some passages, introduce some new material. Submit the revised version to TurnitinUK.

Arrange a session for all students writing a dissertation, and show them the TurnitinUK output on the amended version. Let them see what we see as examiners. Point out the key examples of bad practice that we can readily recognise.

This exercise can have a dramatic effect. In one academic year, I (as the School’s Academic Integrity Officer) had to investigate 10 breaches of academic integrity in economics dissertations. Penalties were imposed in all cases. The following year, having demonstrated the examiner’s eye view of the TurnitinUK output, not one single case emerged.

More difficult to detect is where students commission a third party to produced their dissertation for them – either to order, or off the peg from subscription websites. TurnitinUK may or may not identify these cases, although I have known one case where the dissertation that had been purchased was picked up because some paragraphs from it were used as an advert on the website, and were thus caught by TurnitinUK. The risks of being caught may be lower for this form of cheating – but the penalties are likely to be more severe.

An important part of the fight for academic integrity is to make sure that all supervisors are familiar with your university’s procedures for dealing with breaches of academic integrity, and with how to interpret the TurnitinUK output. This is a key part of ensuring consistency in supervision and equity of treatment across students. It is wise to make sure that the general principles of academic integrity are covered in joint sessions to all students, rather than this being left as part of the responsibility of the individual supervisor. Student handbooks also need to carry clear guidance on your institution’s policies and procedures.

More discussion on academic integrity may be found in the Handbook chapter by Jeremy Williams and the more recent chapter by Carlos Cortinhas .

If it is accepted that all honours students should be exposed to ‘current research, or equivalent advanced scholarship, in the discipline…’ (QAA), then can the dissertation be avoided?

It could be argued that if we provide research-led teaching , then this in itself ensures that students will fit the bill in terms of exposure to research. But what do we mean by ‘research-led teaching’? Does it mean that academic staff are given the opportunity to teach in their specialist research areas? Is that enough? How do we ensure that students engage with this process? If we cannot be sure about the answer to these questions, then is the dissertation the only solution?

To some extent, a research-led approach can be embedded within the normal curriculum. Modules can be designed in such a way as to enhance the students’ ability to develop critical and evaluative thinking skills and thereby support and promote independent learning. This approach can be reinforced by a research-led approach to assessment and may be most straightforward in econometric or other quantitative methods modules, where students can be required to find, analyse and interpret their own data. A similar approach can be adopted for other modules. A development economics module can require students to prepare a report on a particular country; students could be required to evaluate a recent report from the CMA . Such exercises can encourage and engender a sense of discovery and engage students in a reflective and self-critical process. There is much more discussion or undergraduate research in economics in KimMarie Goldrick’s chapter in this Handbook .

An alternative approach would be to run a seminar or tutorial-based module, in which students are required to provide critical evaluation of recent research, probably through the vehicle of appropriate journal articles. This sort of exercise can also provide students with the opportunity to develop their presentation skills, and could be part of a module that also includes sessions on aspects of research in economics. Such presentations could be given in a quasi-conference setting, if the number of students permits.

A well-organised dissertation can be the most rewarding part of the student experience. However, this may require careful thought and planning if it is not to turn into a nightmare. Here are some key points to remember as the dissertation life-cycle unfolds:

• Think about how research training will be provided
• Ensure that students are guided towards a feasible topic
• Be aware of the legislative context
• Give early rules on word length
• Manage student and supervisor expectations of the supervisory process
• Look for a coherent way of allocating students to supervisors
• Set intermediate targets to prevent students leaving too much to the last minute
• Be aware of data issues
• Provide guidance in terms of how to structure a dissertation
• Offer clear guidelines for the assessment process, so that students know what is expected of them
• Be unambiguous in setting deadlines and the rules for extensions
• Explain academic integrity and monitor adherence

Students can benefit greatly from undertaking a dissertation. The process can capture their interest and give them confidence to engage in independent work. The finished product can be used to sell their abilities to potential employers, by showcasing their skills. Supervisors can add to the experience by making sure that students are aware of these benefits. Furthermore, students often enjoy their dissertation work.

Greenlaw, S. A. (2006) Doing Economics: A guide to carrying out economic research. Boston: Houghton Miffin. ISBN 9780618379835

Neugeboren, R. (2005) The Student’s Guide to Writing Economics. London: Routledge. ISBN 9780415701235

"Doing a dissertation" in the 'Studying economics' section of the Economics Network website.

If you Google 'dissertations in economics' you will find many websites that claim to provide help and guidance. Some of these will be helpful to students e.g. the guide by Paul Dudenhefer ; other links take you to guides provided by various Universities for their students. However, care is needed here, as students may also find offers from tutors prepared to write their dissertations at a price...

Other chapters in the Handbook for Economics Lecturers augment this guide. In particular:

KimMarie McGoldrick, Undergraduate Research in Economics

Jeremy B. Williams, Plagiarism: Deterrence, Detection and Prevention

• The undergraduate dissertation in UG economics in the UK: A brief survey
• Risk assessment form
• Ethics checklist
• Grade descriptors
• Self-assessment form
• 52802 views
• Views on request
• Research and teaching
• Peter Smith
• Peter Davies

Exploring Economics Dissertation Topics : A Comprehensive Guide

Teaching Practice

Embarking on a dissertation in economics is a significant academic challenge and an opportunity to contribute to the field. The selection of a topic is a critical step that sets the stage for your research. A well-chosen topic not only aligns with your interests but also addresses pertinent issues in economics. This article explores various  economics dissertation topics  across different subfields, providing a comprehensive guide for students seeking inspiration.

1. Macroeconomic Stability and Policy

Fiscal policy and economic growth:.

Investigate the relationship between government spending, taxation, and long-term economic growth. Analyze case studies of different countries to understand how fiscal policy impacts economic stability and growth.

Monetary Policy and Inflation Control:

Examine the effectiveness of central banks in controlling inflation through interest rates and other monetary tools. Consider historical instances of hyperinflation and the measures taken to stabilize economies.

Economic Crises and Recovery Strategies:

Explore the causes and consequences of economic crises, such as the 2008 financial crisis. Assess the recovery strategies employed by different countries and their effectiveness in restoring economic stability.

2. Microeconomic Behavior and Market Dynamics

Consumer behavior and market trends:.

Study how consumer preferences and behaviors influence market trends. Analyze the impact of advertising, social media, and cultural shifts on consumer choices.

Competition and Market Structures:

Investigate different market structures, such as perfect competition, monopoly, and oligopoly. Evaluate how these structures affect pricing, product availability, and consumer welfare.

Behavioral Economics:

Explore how psychological factors influence economic decision-making. Consider topics like irrational consumer behavior, risk aversion, and the impact of cognitive biases on financial decisions.

3. International Economics and Global Trade

Trade policies and economic development:.

Analyze the impact of trade policies, such as tariffs and trade agreements, on economic development. Examine case studies of countries that have benefited from or been harmed by certain trade policies.

Globalization and Income Inequality:

Investigate the effects of globalization on income inequality within and between countries. Consider the roles of multinational corporations, labor markets, and international trade in shaping economic disparities.

Exchange Rates and International Finance:

Study the factors influencing exchange rates and their impact on international trade and investment. Analyze the role of currency fluctuations in economic stability and growth.

4.  Development Economics

Poverty alleviation strategies:.

Examine various strategies for reducing poverty, including microfinance, education, and healthcare initiatives. Assess the effectiveness of these strategies in different socio-economic contexts.

Sustainable Development and Environmental Economics:

Explore the intersection of economic development and environmental sustainability. Consider topics such as green energy, climate change policies, and the economic impact of environmental degradation.

Education and Economic Development:

Investigate the role of education in promoting economic development. Analyze the impact of educational policies and investments on economic growth and social mobility.

5. Labor Economics and Human Capital

Labor market dynamics:.

Study the factors influencing labor market outcomes, such as employment rates, wages, and working conditions. Consider the impact of technological advancements, globalization, and demographic changes on labor markets.

Human Capital and Economic Growth:

Explore the relationship between human capital development (education, skills training) and economic growth. Analyze the role of government policies and private sector initiatives in enhancing human capital.

Gender and Labor Economics:

Investigate the gender disparities in labor markets, including wage gaps, employment opportunities, and career advancement. Consider the impact of policies aimed at promoting gender equality in the workplace.

6.  Public Economics and Policy Analysis

Taxation and economic behavior:.

Examine how different tax policies influence economic behavior, such as consumption, savings, and investment. Analyze the efficiency and equity of various tax systems.

Public Goods and Externalities:

Investigate the provision of public goods and the management of externalities, such as pollution. Consider the role of government intervention in addressing market failures and promoting social welfare.

Health Economics:

Explore the economics of healthcare systems, including the allocation of resources, healthcare financing, and the impact of health policies on economic outcomes. Analyze case studies of different healthcare models worldwide.

Choosing a dissertation topic in economics involves balancing personal interests with the relevance and feasibility of the research. The topics outlined above cover a broad spectrum of issues in economics, providing a starting point for students to explore their research interests. By delving into these areas, students can contribute to the understanding and advancement of economic theories and policies, ultimately making a meaningful impact on the field.

FAQs on Economics Dissertation Topics

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