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Economics Assignment Help

According to Investopedia, Economics is a social science concerned with the production, distribution and consumption of goods and services. It studies how individuals, businesses, governments and nations make choices on allocating resources to satisfy their wants and needs, and tries to determine how these groups should organize and coordinate efforts to achieve maximum output.

Economics is the compendium of economic science. Earlier known as Political Economy, it was rechristened in the late 19th century mainly due to efforts of Alfred Marshall. Economics is the study of methodologies and strategies used for achieving sustainable growth and development of a country alongside minimising the degree of economic inequality or unemployment.

In the economics degree at universities, the course is designed to teach them skills of identifying the forces that drive major economic trends, and its impact on the workers, firms and governments. Such skills deal with analysing the economic data in a scientific manner, thereby providing a rationale behind all economic problems and accordingly finding solutions. The universities also give economics assignment help to students inculcate these skills before venturing into the professional field.

Inflation vs Deflation

Further, the economics syllabus also covers the domain of policy-making, taxes, wages & prices, economies of scale, imports & exports, interest and exchange rates etc. Studying this is the elementary step towards becoming economists, who advise governments as well as the large business consortium.

The Economic assignment, given by professors in these courses also includes a multitude of economics topics. Most of the basic economics ideas can also be gained from numerous economics books, however, for advanced topics like international trade, energy economics, environmental economics, public sector finance, economic output, unemployment, inflation, poverty & wealth, producers & consumers etc. one needs to seek guidance only from economics assignment help experts.

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What is the Importance of Economics

Problems in Economics

There are many economics definitions, however, none of them can properly expound the vastness of the economics subject. One basic fact that always holds true is that the subject deals with allocation of resources by societies, businesses, governments, household and even individuals. Hence, every person uses economics in some forms or other.

The most important virtues of economics are vividly exhibited through the course structure of universities. The topics and models included can give a clear picture application and the importance of economics in real life.

Even for a layman to understand the subject, getting a random economics meaning from dictionary or internet won't suffice as the study of economics is usually undertaken in two stages to streamline the approach. The theoretical models based on concepts like nudge theory, diminishing marginal utility, pay-off matrix, indifference curve & budget line etc. predict the impact of changes in policy and market conditions. These theoretical models are analysed using statistical formulas to investigate if the impact on paper or ground is similar or distinct in nature.

Macroeconomics vs Microeconomics

Understanding these concepts while writing assignments can be a daunting task as such kind of knowledge cannot be acquired overnight. Therefore, it becomes advisable for students to go looking for specialists rather searching "economics assignment help" on Google.

However, before getting into the qualities of an economics assignment writing experts, one must understand the kind of topics, students are assigned to their economics projects.

Common Economics Assignment Help Topics

Some of the common topics that are usually asked in economics assignments help are:

Economics Assignment Topics
  • Cost and Production: Under this topic, assignment related to diminishing marginal productivity, Isoquant & Iso-cost, Cost minimization, Profit maximization are usually frequent. Our experts of economics are well-versed with each of them in detail.
  • Market Structure: Under this, types of market like monopoly, oligopoly etc. as well as varieties of competition including monopolistic or perfect competition most common concepts asked in writing economics assignment.
  • International Trade: In the assignment related to international trade, the theories such as production possibility frontier, opportunity cost, comparative advantage, terms of trade and gain from trade are used on regular basis.
  • Externality: The topic of externality contains its various types like positive externality negative externality, market failure, Pigouvian tax, Coase theorem
  • GDP accounting: Here, the methods of calculating GDP like expenditure method, income method and value-added method are discussed while highlighting the circular flow of income in an economy and the multiplier effect.
  • AD-AS model: These deals with the macroeconomic concepts, one of the important branches of economics, like full employment level of output, output gap, fiscal policy, monetary Policy and Keynes vs Classical view of economy.

While attempting these topics, one needs to be careful as some of these theories can be overlapping each other for example a student not familiar with demand-supply concepts can get confused between the terms price ceilings and price floor. Such a mistake, even though seem harmless, can cost you a semester. Thus, students in order to avoid getting into such critical situations, seek outside help for writing economics assignment.

Concept of Economics
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How Do We Approach an Economics Assignment?

Your every economic assignment goes through multiple phases. Our writer prepares the first draft, which is then passed to the quality checking experts who proofread and edit them, thereby producing final draft. Finally, the plagiarism check is also employed for every assignment. However, this is only broader picture. We tailor every assignment depending upon the subject, topic and question. Let us have a look at the approach for an economics assignment.

The following infographic image will demonstrate the manner of writing a flawless assignment.

Approach an Economics Assignment

As we have seen in detail the approach; let us look at some of the economic assignment samples.

Assignment Samples

Some of these questions have been recently given to our experts, who provided excellent quality solution.

1. The effect of Global Financial Crisis on the labour market of US banking sector

In this assignment, the question basically wanted the students to do a comparative analysis of the bonus payment cap, income tax hike by the US government. Further, the answers arrived at, using this technique had to be depicted in the demand-supply diagram. Moreover, the assignment also required us to make an assumption that the US labour markets are perfectly competitive, and initially in autarky equilibria.

There was another in the same assignment, which was also related to the role of competitive markets in solving the economic problems. It also wanted us to deliberate on why and how government intervention is necessary in case of market failure.

2. International trade theory: Leontief Paradox

The assignment wants us to assess the contemporary trade patterns around the world and compare it with the traditional trade theories. The evaluation of present-day international trade is the primary purpose of this assignment. While doing so, Leontief Paradox is used to determine the effectiveness of the New Trade Theory.

Providing accurate solution to this question reaffirms that our international economics assignment help providers are equally competent.

3. Principles of Microeconomics: law of supply and demand in economics

This assignment had multiple questions, each dealing with a distinct microeconomic principle. The first question was related to analysing and explaining the upward sloping of demand curve when the prices of butter rose. The next two questions required us to explain the income elasticity as well as price elasticity of a good. Finally, the cross-price elasticity of books and hotels was to be analysed in the last question. All these analyses are to be done using a demand-supply curve.

Most of the microeconomics assignments are prepared using the demand supply curve, therefore having a good understanding the demand and supply components in a market is very important.

4. Quantitative Methods in Economics, Business and Finance

In this finance economics assignment sample, it required us to focus on the growing wind power generation capacity worldwide. The timeline for this analysis was taken from 2009 to 2020 and top 10 countries were selected for this research. It also needed to examine the annual rate of increase as well as the percentage rate of increase in the wind generation capacity. The next part of the question focused on the GDP vs Environment debate.

Therefore, it can be understood from this example on finance economics assignment topic that economics academic papers follow a holistic approach which can equip you with skills requisite for real world and not just the academic arena.

5. Nash equilibria: Game theory

Questions on game theory can get critical due to the application of probability. In this assignment, the use of the pure strategy and mixed strategy is to be determined in a game with two players.

Game theory

Another part of the same assignment wanted us to analyse the dominant strategy in case of a goalkeeper and a kicker in the game of football.

This proves that all-encompassing concepts of economics often give sleepless nights to the students when stuck with a difficult question. It is in this regard that our economic assignment help experts can rescue you from such perilous situations.

You can also have a look at some of our economics assignment pdf samples on our Sample Assignment website. All these samples are accompanied by fully economics assignment answers, which fetched our clients, the students, HD grades.

What Sets us Apart from Our Peers?

Our Peers

Strictly adhering to guidelines: While approaching an economics assignment, we ensure that all academic guidelines are religiously followed. Proper care is taken to make sure that the central theme of every assignment is conveyed throughout the academic paper. Our subject matter specialists are highly educated with a minimum qualification of doctoral degree. These Ph.D. experts are mostly ex-professors or industry professional, thereby providing rich experience in the writing. Their customised approach for every assignment is unparalleled. Being in the midst of knowledge ensures that every minor subject matter detail is gyrating around the subject and topic. They also keep themselves updated with the various contemporary topics, especially the top 10 economic issues, by regularly following economics news from reputed journals.

High-Quality with Zero Plagiarism: In addition to the above-mentioned steps, we also undertake strict proofreading measures, which refines each and every word of your economics assignment. Further, every student has a fear of getting a copying tag in the university, which can fail a student for the respective course. Therefore, ensuring zero plagiarism is one of the most pertinent concerns in the academic domain. This is the reason, we use advanced software tools to eliminate any kind of plagiarism in the academic document.

Fast and Frugal: We are very quick with our process, receiving orders and submitting assignments. We are also one of the most affordable economics assignment services in whole of Australia. This ensures that no students are facing any financial crunch while availing our services.

Always punctual: Our students even though, appreciate all our facilities, but this quality stands high above others. Not many can claim to achieve it on a regular basis, but we do it with our every economics homework help.

Along with the above-mentioned qualities, easy payment options is a cherry on the cake. So, have the cake along with a cherry.

Call us or email us now and get your economics assignment on time. You can avail our online economics assignment help services, without any hesitation.

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