development economics assignment help

GDP and Economic Development

Readers Question: If there is a increase in GDP why is development often unseen?

Higher GDP means an increase in National Output and National Income but it doesn’t necessarily lead to economic development this is for the following reasons:

• Investment takes Time. It takes time for improvements in statistics like education and literacy rates. Higher GDP can be used to increase spending on education. But, it will take many years before education standards actually improve. Other types of investment like infrastructure and health care will also take a long time
• Inequality. Higher GDP may not ‘trickle down’ to the rest of society. Often increased GDP tends to benefit a small section of society. This problem is worse if corruption is a serious problem
• Environment. If Higher GDP causes environmental problems, living standards can seem to worsen, rather than improve.
• What is GDP spent? It depends on how the proceeds of Growth are used. There is no guarantee that the proceeds of growth will be used in areas which benefit economic development like education and infrastructure. If GDP is used for military spending or debt repayments, there may be little improvement.

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Recently Asked development economics Questions

• Q 1 : 1. ASSESSMENT BRIEFING In this individual assignment you are required to choose a city and identify and research two key sustainability issues, which are negatively impacting your city's sustainability performance. You will apply sustainability concepts; analyse and raise awareness of these problems and their causes. You will communicate your research effectively and succinctly by designing and producing an aesthetically pleasing poster. A successful poster will not only attract the viewer's attention, for it will also outline accurately and concisely the purpose, findings, and conclusions of your research. Your poster will be designed to include a balance of text, images, figures, and tables. The poster should include in-text citations or references to your research sources. Your submission should include a reference list of recent academic and non-academic sources, presented in the Cite them Right Harvard Referencing style. You must choose one city from the Arcadis Sustainable City Index 2022 Your selection should be based on the availability of the information and data needed to complete the module assessments. Make sure you get advice from your seminar leaders as you work through your assignment. See Answer
• Q 2 : n+8 You know the Cobb-Douglas production function in per-worker terms is: f(k)=Ak. And the steady-state level of output per worker given the effect of population growth is: A(1²)( :)(1-a). Suppose there are two countries of i and j that have the same values for A (productivity parameters), y (which measures the fraction of output that is invested), and 8 (which measures depreciation). Let n; and n; denote their growth rates of population (n; + nj). 1) Write the equation for the steady state levels of output per worker in each country. 2) Write the expression for the ratio of steady-state income in country i to steady state income in country j. 3) If = 5%, α= 1/3, n₁ = 0% and n; = 4%, then calculate the ratio of steady-state income in country i to steady-state income in country j. See Answer
• Q 3 : A. You have been mandated by a Senior Public Official who has the responsibility for science and technology in your country, to prepare an empirically sound document which seeks to assess the role of science and technology industry in Jamaica. Evaluate the policies that have been instituted by the government to ensure science and technology enhance economic development. 2023/2024- Semester 1 [Caribbean Economic Development] PROJECT PARAMETERS The under-mentioned is a listing of what is generally expected of each group. BACKGROUND Under this heading, students are required to provide a general overview of the science and technology in the Caribbean. You are also expected to provide appropriate definitions for technology invention and technology innovation. (10 marks) PURPOSE OF THE STUDY Under this section, you are expected to provide a brief description of the purpose of the study, i.e., you will formulate the problem statement, which will clearly articulate the problem from your research perspective. Further, you will provide justification for undertaking this project. In doing so, you will be required to provide a concise statement that explains what the study intends to accomplich 6 marke)/nAPPROACH TO THE STUDY In the approach to the study, you are required to outline the methods or instruments used in carrying out the research assignment. You need to indicate the rationale for selecting the method. Special emphasis MUST be placed on the following areas: i. Questionnaire ii. Formal or informal interview iii. Articles, Journals and other on-line sources iv. Any other relevant method as deemed necessary (5 marks) If questionnaire is issued, please provide a copy of the questions FINDINGS, CONCLUSION AND RECOMMENDATIONS Please present your findings clearly and cogently, adhering to social sciences empirical procedure? What recommendations would you give to the government regarding the development of science and technology? Note well that your conclusion and recommendations will emanate from the information garnered from your research. (20 marks) PRESENTATION Neatness, inclusion of bibliography, typed using Times New Romans 12, pages numbered, contents, use of appendix if necessary and proper in text citations. It is recommended that the APA style of referencing be used. (5 marks) (Total 45 marks) See Answer
• Q 4 : Reflection This reflection activity is comprised of two sections collectively totaling a minimum of 500 words. Complete your reflection by responding to all prompts. The Role of Economics in Shaping Public Policy Analyze how economics plays a vital role in shaping public discussion in the following policy areas: • Household taxation • Business taxation • Import taxation (tariffs) Provide 1 example of each of the discussions you analyzed above and how that example plays out in your life and career. Factors of Production Innovation and physical capital are two of the four factors of production. Analyze specific ways that 1 of the following laws increased the productivity of innovation and physical capital: • 1862 Pacific Railway Act • 1956 Federal Ald Highway Act • 1916 Forloral Airnort Art See Answer
• Q 5 : You know the Cobb-Douglas production function in per-worker terms is: f(k)=Ak. And the steady-state level of output per worker given the effect of population growth is: A(-a)(_)(1-a). Suppose there are two countries of i and j that have the same values for A (productivity parameters), (which measures the fraction of output that is invested), and 8 (which measures depreciation). Let n; and n; denote their growth rates of population (n; # nj). 1) Write the equation for the steady state levels of output per worker in each country. 2) Write the expression for the ratio of steady-state income in country i to steady state income in country j. 3) If = 5%, a= 1/3, n₁ = 0% and n; = 4%, then calculate the ratio of steady-state income in country i to steady-state income in country j. See Answer
• Q 6 : Suppose, the investment rates in graded activity 3 are not constant; Y₁ = 20% and y₁= 5%. All the other values are the same as graded activity 3. 1) Calculate the ratio of steady-state income in country i to steady-state income in country j. 2) In a sentence, interpret the number you calculated (just a sentence). See Answer

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Development Economics

DEVELOPMENT ECONOMICS ASSIGNMENT HELP

Development economics assignment help.

The study of developmental economics deals with that branch of economics which analyses the economic implications of the developmental processes in the less developed economies. The focus of study of developmental economics is the analysis of factors that foster the economic development and the infrastructural innovations along with the overall social elevation through the changes in the areas of health, education, and lifestyles.

Developmental economics consists of the creation of the policy framework, the theories the methods and procedures that help in the implementation in the domestic as well as the international levels. Developmental projects are analyzed with the help of mathematical models like the inter- temporal optimization model . It also at times analyses the developmental projects with the help of methods that are a mixture of qualitative and the quantitative methods. The role of socio-political issues in developmental project theory formulation is profound. The scope of study with the developmental economic parameter is profound and not limited to certain issues, as students of developmental economics the interplay between political science, history, anthropology and sociology are also of critical importance. The analyses of factors that contribute to economic congruence are also to be deeply analyzed in such studies.

Development Economics Homework Help

At Economicshelpdesk.com we offer all sorts of assistance needed with development economics. As we all know development economics is the study of development process and its economic characteristics of low income countries. It includes not only economic development and growth but also infrastructure development and social change in health, education and lifestyle. We have a dedicated team of economics experts who can help you to solve various problems and tasks involved in development economics. We offer development economics assignment help in all topics including theories and determinants of economic growth, inequality, poverty, population, education, trade, health and nutrition, globalization, industrialization, labor etc.

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Development Economics question and answer

Q1. Evaluate the validity of the following statements (Attempt any 2 parts):

(a)If country A has a population growth that is lower than country B, then the average women in country A has less children than her counterpart in country B.

Answer:- False . It depends on the age distribution of the population. It is possible for the fertility rate in one country to be lower than in another country, and yet for the population growth rate in the former country to be higher.

(b) If total mortality among children remained constant, but the incidence of that mortality shifted from late childhood to early childhood, fertility rates should decline.

Answer:- True . Use the idea of a shift from hoarding to targeting, as the incidence of mortality shifts from late to early childhood. When infant mortality falls, couples can choose a wait-and-watch strategy. But if mortality was prevalent in late childhood, then couples have to hoard a target number of children right in the beginning, as they themselves might cross the reproductive age by the time their children cross the late child morality barrier.

Q2. Ali and his three brothers own a small farm in the agricultural sector of the Region Q. They work equally hard, and the value of their output measured in the local currency, nice, is 4,000 nice, which they divide equally. The urban sector of Q has two kinds of job. There are informal jobs which anybody can get (which pay 500 nice), and there are formal jobs which pay 1,200 nice. The probability of getting these jobs is determined as in the Harris-Todaro model.

Assume that Ali compares his own expected returns in the two sectors and there are no costs of migration. Calculate the threshold proportion of formal jobs to urban labor force that will just deter Ali from migrating.

Answer:- Let the probability of getting a formal job be p. This is also the ratio of formal jobs to urban labour force, i.e. Lf/(Lf+LI)

Here p = Lf/(Lf+LI), 1-p = LI/(Lf+LI), wa = 4000/ 4 (as wages in agriculture as decided by average sharing rule), wages in informal sector, wi = 500 and wages in formal sector w̅ = 1200

The threshold value of p is implicitly given when the expected wage from migration is just equal to her current income: 1200p + 500(1 − p) = 1000

Thus solving for p we get p = 5/ 7

Q3. Are the following statements true, false or uncertain? Provide a brief explanation to back up your answer. (Attempt any 2 parts)

(a) Migration restrictions alone lead to too many people in the informal sector.

False. As long as migration restrictions are effectively implemented, the informal sector will not exist.

(b) In the Harris-Todaro model, an increase in the formal sector labor demand at a fixed wage rate must lower the percentage of people in the informal sector, as a fraction of the urban labor force.

If we fix W̅ and Wi, then Wa must increase when total labor demand increases. Then Li/(Lf+Li ) must be lower than before.

(c) If government cannot tax agriculture, the supply curve of labor to industry in the Lewis model is always upward sloping.

Answer:- True

4. In this chapter, we studied a model where a family wants one surviving child to provide old-age security. Let us say that the probability of any one child living to look after its parents in old age is 1/ 2 (i.e., 50– 50). However, the family wants this security level to be higher, say a probability of q > 1/ 2.

a) Describe the family’s fertility choices for different values of q, by first writing down a model that captures this story, and then examining the results for different values of q.

Answer:- In this question the probability that a child will look after its parents in old age is given at 1/2. The tolerance probability is denoted by q. By the argument used for equation 9.1 in text, the couple will try to have n kids, where n is the smallest number such that 1-(1-1/2) n ≥ q

We can rewrite this as (1/2) n ≤ 1- q

Now the closer the value of q to one (meaning, the more averse to risk that the couple is), the larger will have to be the value of n.

b) Calculate the expected number of surviving children for this family, under various values of q.

The expected number of “surviving children”, that is, children who grow to look after their parents is clearly n/2 (simply the smallest number of children (n) that the couple will have to satisfy 9.1 equation multiplied by the probability of each child growing up to look after their parents)

So the parents will, on average, have more children than they need. Their risk aversion and high tolerance probability will lead them to have a large number of children in the first place.

5. Consider a labor surplus economy producing a single output, which can be consumed (as food) or invested (as capital). Labor, once employed, must be paid a fixed wage of w which is fully consumed. All surpluses from production are reinvested.

a) Draw a diagram showing how output is distributed between consumption and reinvestment for some chosen level of employment. Show the profit-maximizing employment level: call it L*.

Answer:- This question is simply Lewis-model re-worded. So there is labor that can either be employed in production of food (agriculture sector) or in production of capital (industrial sector). So to show L* simply draw the agricultural production function, the wage bill line and depict Lewis model labor allocation for agriculture and industrial. Mark L* at the point C where the MR = MC for production function.

b) Reinvested surplus raises consumption tomorrow. Suppose that a social planner cares about consumption today and consumption tomorrow. Show that she will always wish to choose an employment level not less than L*.

Assuming that all agricultural surpluses are taxed away, the industrial sector can re-invest surplus (shown by shifting of demand curve) comfortably till the point L*.

c) Suppose that the planner wishes to employ units of labor, where L > L*. Carefully describe a subsidy scheme to profit maximizing employers that will make them choose this level of employment.

Answer:- When we try to take out one extra unit of labour, beyond L* (where MR = MC) from agriculture and shift it to industries, there is a greater loss of agricultural surplus. Thus to move from agriculture to industry, the subsidy must be equal to the difference between the surplus at level of employment L and surplus at L*

6. Why is sharecropping considered to be an economically inferior contractual system? Despite this, why does sharecropping enjoy enduring popularity in real world practice? (5,10)

Answer:- Reasons for popularity of sharecropping:

• A. Risk averse tenants prefer sharecropping over fixed rent
• B. The double incentive problem : Sharecropping as a compromise solution
• C. Cost sharing of Inputs
• D. Limited Liability
• E. Sharecropping as Screening tool : low ability tenants will choose sharecropping

7. I) Explain how a policy of lending by the formal sector to economic agents who would use these funds to lend in the informal markets, can have mixed effects on its impact on the interest rate charged to the small borrowers.

Answer:- An expansion of credit from formal sector to economic agents who can lend in informal sectors is not bound to fail, but it cannot be simply assumed that that such expansion will lower interest rate for small borrowers. Following are the potential pitfalls.

• A. Costs of Monitoring
• B. Collusion
• C. Differential Information

II) The following table gives default risks for various loan sizes in an informal credit market. Suppose that the rate of interest in the informal sector is 18% per year and that in the formal sector (with no default) is 10% per year. Calculate the maximum loan size that will be offered in the informal-sector credit market. For what minimum rate of interest will loans in the $ 250– 300 category be offered?

To calculate the maximum loan size :

Let L be the maximum loan size,

Only for loan size in 50-99 range, the return in informal sector (12.1%) is higher than the return in default-free formal sector (10%), thus the maximum loan size offered will be $99. For any larger loan size, the return in formal sector is higher than the return in informal sector.

Minimum rate of interest for $250-$300

For loans in range $250-300 to be offered, the rate of interest charged in informal sector must compensate for the default risk.

Thus : expected repayment in informal loan = formal sector return 0.70 * L * (1+ r) = 1.10*L Then r = 57%

8. In the land of Xena, there are three inputs to production: capital, physical labour and mental labour. Men in have more physical labour power than women, but both men and women have the same amount' of mental labour power.

(a) Who earns more in Xena, men or women? What do these differences depend upon?

Answer:- Payments in Xena would be to three factors of production: capital, mental labor and physical labor. Men have greater relative endowment of physical capital, they would be paid more once we add up all sources of income. It depends on the assumption that all capital is held jointly by families, and all income is paid to married individuals

(b) Imagine that the technology is such that more capital raises the marginal product of mental labour faster than it raises the marginal product of physical labour. As the economy grows over time, its stock of physical capital is steadily increasing: How would you expect the relative wage of men to women to change over time? Explain.

Answer:- If physical capital increases, the marginal products of both physical and mental labor rises, but because mental labor is more complementary to technology, one would expect the return to this input to rise relative to the return to physical labor. As a consequence, one would expect the relative wages of women to rise.

(c) Women have one unit of labour time that they can allocate between raising children and being part of the workforce. How would this allocation be affected by the changes over time that were found in answer to part (b)? Explain.

Answer:- A higher relative wage of women tends to reduce fertility. Based on all the three parts talk about why richer countries will tend to have lower rates of fertility.

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Attached Files

51+ Economics Project Topics [Updated]

Economics may sound like a daunting subject, but it’s all around us, influencing every aspect of our lives. Economic projects delve into various aspects of how societies produce, distribute, and consume products or goods and services. Whether you’re a student looking for compelling economics project topics or someone curious about the world of economics, this guide will walk you through some fascinating areas to explore.

How Do You Write An Economic Project?

Table of Contents

Writing an economic project involves several steps to effectively research, analyze, and present your findings. Here’s a general guide on how to write an economic project:

• Choose a Topic: Choose an economic subject that captures your interest and is in line with the requirements of your assignment or the objectives of your research. It could be a macroeconomic trend, a microeconomic analysis, or a specific area like environmental economics or development economics.
• Conduct Research: Collect pertinent data and information from credible sources like scholarly journals, government reports, economic repositories, and literature. Make sure to critically evaluate the credibility and reliability of your sources.
• Outline Your Project: Create an outline that organizes your ideas and arguments logically. Include sections such as introduction, literature review, methodology, findings, discussion, and conclusion.
• Write the Introduction: Begin with an introduction that provides background information on your topic, states the purpose of your project, and outlines the structure of your paper.
• Review the Literature: Perform a thorough examination of existing literature and theories pertinent to your subject matter through a literature review. Identify any deficiencies or areas lacking sufficient research that your project intends to fill.
• Develop a Methodology: Describe the methods you used to collect and analyze data. This may include quantitative techniques such as econometric modeling or qualitative approaches like case studies or interviews.
• Present Your Findings: Present the results of your analysis in a clear and organized manner. Use tables, charts, and graphs to illustrate key findings and trends.
• Discuss Your Results: Interpret the implications of your findings and discuss their significance in relation to existing literature and theoretical frameworks. Address any limitations or constraints of your study.
• Draw Conclusions: Provide a condensed overview of your project’s key discoveries and derive conclusions from your analysis. Consider the broader implications of your research and suggest areas for further study.
• Write the Conclusion: Conclude your project by restating the main points and highlighting the contribution of your research to the field of economics. Discuss any practical implications or policy recommendations arising from your findings.
• Cite Your Sources: Make sure to cite all sources properly used in your project according to the appropriate citation style (e.g., APA, MLA, Chicago).
• Proofread and Edit: Finally, carefully proofread your project to check for errors in grammar, spelling, and formatting. Ensure that your writing is clear, concise, and coherent.

By following these steps, you can effectively write an economic project that demonstrates your understanding of economic concepts, analytical skills, and ability to communicate research findings effectively.

51+ Economics Project Topics: Category Wise

Macroeconomic topics.

• The Impact of Fiscal Policy on Economic Growth
• Analyzing the Effects of Monetary Policy on Inflation
• Evaluating the Relationship Between Exchange Rates and Export Performance
• Assessing the Role of Government Spending in Stimulating Aggregate Demand
• Examining the Causes and Consequences of Economic Recessions

Microeconomic Topics

• Market Structure Analysis: A Case Study of the Smartphone Industry
• Consumer Behavior and Preferences in the Fast Food Industry
• The Impact of Price Elasticity on Revenue in the Airline Industry
• Producer Surplus and Profit Maximization in Competitive Markets
• Analyzing Market Failures and the Need for Government Intervention

International Economics Topics

• The Effects of Trade Liberalization on Developing Countries
• Exchange Rate Volatility and Its Impact on International Trade
• Globalization and Its Effects on Income Inequality
• Trade Policies and Their Influence on Foreign Direct Investment
• Comparative Advantage and Specialization in International Trade

Environmental Economics Topics

• The Economics of Renewable Energy Adoption
• Carbon Pricing and Its Implications for Climate Change Mitigation
• Economic Valuation of Ecosystem Services
• Environmental Regulations and Firm Behavior: A Case Study Approach
• The Role of Economics in Biodiversity Conservation Efforts

Development Economics Topics

• Microfinance and Poverty Alleviation: Lessons from Case Studies
• The Impact of Education on Economic Development
• Evaluating the Effectiveness of Conditional Cash Transfer Programs
• Gender Inequality and Economic Development: An Empirical Analysis
• The Role of Foreign Aid in Promoting Sustainable Development

Behavioral Economics Topics

• Behavioral Biases in Consumer Decision-Making: A Experimental Study
• Nudge Theory and Its Applications in Public Policy
• Prospect Theory and Risk Preferences in Investment Decisions
• The Influence of Social Norms on Economic Behavior
• Behavioral Economics Approaches to Addressing Climate Change

Econometrics and Quantitative Analysis Topics

• Time-Series Analysis of Stock Market Volatility
• Regression Analysis of Factors Affecting Housing Prices
• Forecasting Macroeconomic Indicators Using Machine Learning Techniques
• Panel Data Analysis of Regional Economic Disparities
• Causal Inference Methods in Economic Research

Policy Analysis and Evaluation Topics

• Cost-Benefit Analysis of Infrastructure Projects
• Evaluating the Impact of Minimum Wage Policies on Employment
• Welfare Effects of Tax Reform: A Microsimulation Approach
• Policy Responses to Economic Shocks: Lessons from the COVID-19 Pandemic
• Assessing the Effectiveness of Anti-Poverty Programs in Developing Countries

Monetary Economics Topics

• The Transmission Mechanism of Monetary Policy
• Central Bank Independence and Inflation Targeting
• Quantitative Easing and Its Effects on Financial Markets
• The Role of Interest Rates in Determining Investment Decisions
• Digital Currencies and the Future of Monetary Policy

Labor Economics Topics

• The Economics of Immigration: Impacts on Labor Markets
• Gender Wage Gap: Causes and Policy Implications
• The Effects of Automation on Employment Patterns
• Labor Market Dynamics and Unemployment Duration
• Evaluating the Impact of Minimum Wage Laws on Poverty

Health Economics Topics

• The Economics of Healthcare Financing Systems
• Cost-Effectiveness Analysis of Healthcare Interventions
• The Impact of Health Insurance Coverage on Healthcare Utilization
• Behavioral Economics Approaches to Promoting Healthier Lifestyles
• Healthcare Market Competition and Patient Outcomes: Evidence from Empirical Studies

What To Avoid For Economics Projects?

When working on economics projects, it’s essential to be aware of common pitfalls to avoid. Here’s a list of things to steer clear of:

• Lack of Clarity in Research Question: Ensure your research question is clear, specific, and well-defined. Avoid ambiguity or broad topics that make it difficult to focus your research.
• Poor Data Quality: Avoid using unreliable or outdated data sources. Ensure your data is accurate, relevant, and obtained from reputable sources.
• Ignoring Assumptions: Be transparent about the assumptions underlying your analysis. Ignoring or glossing over assumptions can weaken the validity of your findings.
• Overly Complex Models: While sophisticated models can be impressive, avoid unnecessarily complex models that obscure key relationships or make interpretation difficult.
• Ignoring Alternative Explanations: Consider alternative explanations for your findings and address potential counterarguments. Ignoring alternative explanations can weaken the credibility of your analysis.
• Misinterpreting Correlation as Causation: Be cautious when interpreting correlations as causation. Correlation does not imply causation, so ensure you have robust evidence to support causal claims.
• Ignoring Feedback Effects: Consider feedback effects and dynamic interactions between variables in your analysis. Ignoring feedback effects can lead to biased or misleading conclusions.
• Ignoring Heterogeneity: Recognize heterogeneity within the population or sample under study. Ignoring heterogeneity can lead to overgeneralization of results.
• Overlooking Endogeneity: Be mindful of endogeneity issues, where the relationship between variables is bidirectional or influenced by unobserved factors. Addressing endogeneity requires careful modeling and appropriate techniques.
• Inadequate Literature Review: Conduct a thorough literature review to situate your research within the existing literature. Avoid overlooking relevant studies or failing to acknowledge prior research.
• Inadequate Discussion of Limitations: Acknowledge the limitations of your study and discuss their implications for the validity and generalizability of your findings.
• Poor Presentation and Organization: Ensure your project is well-organized and clearly presented. Avoid cluttered or confusing visuals, inconsistent formatting, or unclear writing.

By avoiding these common pitfalls, you can enhance the quality and credibility of your economics projects and contribute meaningfully to the field of study.

Economics is a dynamic and multifaceted field, offering endless opportunities for exploration and discovery. Whether you’re interested in understanding the forces shaping the global economy or seeking solutions to pressing social issues, there’s a wealth of topics to explore.

By delving into these areas, you’ll gain valuable insights into how economies work and how they can be improved for the benefit of all. So, don’t hesitate to dive into economics project topics and start exploring the fascinating world of economics.

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Development Economics v/s Economic Development

Both topics look similar to each other, but they aren't. Development economics is a field of economics that studies the development of an economy. On the other hand, economic development is a physical process adopted by economies to increase the production of goods that contribute to the economy's productivity by increasing GDP (Gross Domestic Product). Development economics analysis all the parameters such as economic, political, and social of a nation, but economic development s only concerned with the economic factors that are involved in the growth of an economy.

What are the features/characteristics of Development Economics?

Development economics consists of challenges faced by various regions globally. It tackles challenges faced by an economy such as poverty, inequality, unemployment, etc. These facts cannot be overlooked as they affect the health of an economy resulting in various outcomes. The subject is concerned with the development of the economy by taking the necessary steps to overcome the problems faced by it. International business and globalization acquire a major portion as the object of many countries is sustainable development. Some of the main characteristics of Development Economics are as follows:

Social well-being of its Citizens:

This is to prove advanced healthcare facilities to its people to ensure an increase in average life expectancy and mortality rates. These facilities have an overall impact on the economy as it benefits its citizens to attain better living, and the death rate of the economy is reduced.

Industrial revolution:

When there is development in the industrial sectors of an economy, the overall development increases, resulting in an economy's development. It has a strong significance as it nurtures the growth of its citizens by providing better employment opportunities and by increasing the overall productivity generated by a nation.

Per Capita Income in a year:

The progress made by a nation is calculated by per capita income generated each year. Per capita is calculated by dividing the economic output produced by the total population of a nation. In the case of small nations where a small group of wealthy people generates most of the wealth and productivity, the primary source of income is dependent on those individuals.

Education to youth:

When the people of the nation are educated, they will contribute more and more to the economy's productivity and sustainability. To attain such sustainability and development, it is crucial to educate the youth of the economy. The future is in the hands of the upcoming youth, so if a nation provides education to its youth, then the educated youth will be beneficial to the nation's growth. This will enrich the economy and increase sustainability.

The infrastructure of the economy:

The infrastructure of the economy attracts foreign investment. An economy must develop its infrastructure and design it productively and efficiently. It is one of the advantages that subside over developing economies. The infrastructure development can be in the form of public institutions or building roads and bridges.

Standard of living:

When the economy moves towards growth, the standard of living of its citizens also ignites. The quality of life lived by the country's people is determined by the education, infrastructure, food, and various other factors.

Employed economy:

When the nation is fulfilled, and its primary source for development is through travel and tourism, food, software industry, and business services, it generates employment for a major portion. It plays a primary role in enhancing the economy out of the economy.

Economic consistency:

The government of every nation should secure its people under economic securities. It is achieved by social and political firmness. These securities consist of pensions and healthcare so that the citizens can keep on evolving continuously.

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What is Economics?

Politics, geography, mathematics, sociology, psychology, engineering, law, medicine, and business are all affected by economics, which is a social science. The fundamental purpose of economics is to discover the most rational and efficient use of resources to achieve individual and societal objectives.

It is a fact that the subject requires extensive research while doing the coursework. And, students often face issues in managing time to conduct economics analysis. But, it’s okay, as long as we are there besides you. Contact us to know more about our economics assignment writing service. Now let’s focus on your following queries.

Also, you can click here to know more about our economics homework help .

What is The Purpose of Learning Economics?

Economics, a field of study, is well-positioned in an ever-changing world because they possess problem-solving and analytical skills.

Moreover, it enables them to succeed in several areas such as—- law, risk management, actuarial science, finance, external affairs, health administration, entrepreneurship, market analysis, and so on. And to succeed, students need to manage time, but they can’t. So, they end up getting help with economics homework.

Thus, let’s go through some factors to understand the purpose of studying Economics. The points will give you a hint about why students seek managerial economics assignment services.

It helps people make wiser decisions

Economists give data and projections that help businesses and governments make better decisions. Economic intelligence – or understanding of economics – is based on data and simulation.

It makes an impact on everything

Economic difficulties have an impact on our daily life. Taxation and inflation, interest rates and wealth, inequality and developing markets, and energy and the environment are examples of such challenges. Further, Economics gives solutions to health, social, and political issues that affect people and larger groups. Click here to know more about our Economy of Scale Assignment Help.

Bring impacts on industries

Whether it’s for product research and development, pricing strategies, or how to promote, businesses of all sizes and sectors must rely on economics. Because of its broad impact, economics may lead to several job opportunities in a wide range of industries, from agriculture to manufacturing, banking, and consulting. Besides the mentioned points, you will find several other purposes to study Economics. Yes, the subject leads to a successful career. And, it should not get hampered due to some economics assignments. Thus, no more searching—- ‘who can do my business economics assignment anymore.’ You can get top-notch homework services from our economics experts. Isn’t it great! Still, some students; who are new to pursuing economics might wonder what issues learners often face in doing the economics homework. And the below passage is for those new students.

Why Do Students Struggle With Economics Homework Answers?

Economics has a strong reputation as an immensely beneficial subject in everyday life. But, it makes life even more hard at college as students struggle enough to learn the complex theories that explain mundane daily situations. So, some reasons you might relate to in the upcoming days while doing the online assignment are as follows.

The Theories Are Complicated

As economics get hardly taught in schools, it may appear complex to the students. The reason is the challenging concepts and theories, which are tough to grasp. In addition, Economics problems can include a great deal of sophisticated mathematics, which is sometimes tricky for students to solve.

Unable to Manage Time

Another significant issue is that students are under a great deal of academic stress. We are all aware that this topic needs substantial research. Students must also complete multiple tasks, study for examinations, complete projects, and much more. Thus, they cannot devote sufficient time to complete the economics assignment paper. Here, fortunately, they can find us to finish their microeconomics assignments.

Developing a Structure For the Assignment

Everything should get ordered properly from the introduction to the bibliography. Students frequently failed to pay attention to the format of their assignments, resulting in a loss of marks. Outlining the work before you begin writing is a simple solution to this problem. But, even going through the economics assignment sample doesn’t help students write economics papers.

Absence of Self-Assurance

Some students feel they will be unable to complete the homework. They frequently doubt their ability, questioning if they can honestly do the work on their own. And they never try to start working because of their self-doubt. Students frequently withhold their abilities to perform.

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We understand “how challenging your economics homework is?”. The complicated and dense issues of the subject matter are tricky for pupils to understand. Furthermore, pupils might become perplexed when it comes to referencing and quotation. Also, it’s hard to get an A+ on tests without expert economics homework assistance.

Here, we must add that the students who graduate from the Economics course, can work with various titles. Some of those Economic fields are Sales executives, economists, international economists on sales, marketing, etc. Now, if you cut your score for not submitting the project on time, it might hamper your career.

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Everyone wants to acquire the best grade/marks in their assignments in it increasingly challenging environment. But getting high marks from instructors is not a duck soup; one must be comprehensive and proactive in their study and analysis of the subject. Also, students sometimes have trouble writing and finishing their Economics assignments because they take a long time and need a lot of mathematics, analysis, and concentration.

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Economics is a wide topic with numerous subtopics. It doesn’t matter what you’re fighting over. Our professional writers are well-versed in economics topics. So, here are some of the sets on which our expert economics professionals provide may assist you with your economics homework.

Microeconomics assignment help

Microeconomics is a part of economics that studies the elements that influence and modify the decisions of buyers and sellers.

Business economics assignments help

It is quite popular among students since it covers a wide range of topics such as supply chain management, marketing strategies, and so on. Business Economics enables us to comprehend how an organization functions in its surroundings, which impacts its decision-making.

International Economics Assignment Help

The area investigates how commerce between countries and currency exchanges impact the economies of nations.

Public Economics Assignment Help

The economics homework assistance focuses on government, such as public finance, and allows students to budget the national revenue. It also covers taxation and the impact of government actions on the economy.

Health Economics Assignment Help

This Economics assignment help is all about the healthcare system in a country, and how it affects its economy. It also deals with topics like international health and welfare economics.

Labor Economics Assignment Help

Labor Economics is the study of how people’s economic behavior evolves as a result of their mental and physical exertion.

Game Theory Economics Assignment Help

Your Economics assignment assistance is a more complex topic that may get utilized for several objectives. It gives us an analytical framework for research about strategic problems in business, social science, and economics, resulting in improved outcomes.

Advanced Econometrics Assignment Help

This Economics assignment help is an advanced topic that deals with the statistical techniques used in Economics. It includes how to use econometric models and what they are, so this type of Economics assignment help will be a great fit for any student looking for it!

Development Economics Assignment Help

This Economics assignment help is a more advanced topic that deals with the processes and policies in developing countries. Development Economics centers on issues like poverty, inequality, unemployment rates, etc., essential to any country’s economy.

Industrial Economics Assignment Help

This Economics assignment help is all about the industrial sector in a country, and how it affects its economy. It also deals with topics like international industry economics and macroeconomic theory.

Managerial Economics Assignment Help

Managerial economics get concerned with the use of economics principles, theories, tools, and approaches to address business issues. It’s the ideal applied economics theory and management philosophy. If students need assistance with their management economics project, they may turn to our professionals for writing services at a reasonable cost.

Intermediate Economics Assignment Help

This Economics assignment help is an intermediate topic that deals with Economics topics like demand and supply, the elasticity of prices and quantities, etc. Intermediate Economics will be a great fit for any student looking for it!

We have expert Economics professional writers who are well aware of every economic writing topic, including Production Function managerial economics assignment help online,  demand and supply assignment help , Sample Budget Spreadsheet Household economics assignment help, etc.  So, you do not have to worry anymore about your coursework as our economics hw help will cover any trick economics assignment topic.

Besides the mentioned topics, we also extend our economics assignment help on the following list:

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To get good grades on your Economics reference papers without subject knowledge, you’ll need a skilled writer who can assure you’ll get what you want. We, as an Economics assignment help supplier, take care of all the details that make your record complete. Trust our economic assignment helpers, and get ready to embark on a journey to a prosperous career  through our assignment help economics services.

How Do Our Experts Work On Economics Assignments?

Research and planning.

The Economics assignment help experts start by understanding the requirements of your Economics assignment. It is followed by researching relevant Economics topics from online sources such as textbooks, journals, or sites like Assignment Expert’s Blogs/Articles.

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Once the Economics topics have been finalized, it’s time to start drafting. It is done with great interest and attention to cover all relevant points in a logical sequence.

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The drafting process depends on the complexity of content involved and the format style required by your Economics assignment.

Once the Economics assignment has been drafted, it is time to start writing. The Economics assignment help experts will start with a formal introduction and an elaborate conclusion that ties up all arguments discussed in the Economics assignments.

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The Economics assignment help experts to carefully edit and proofread your Economics assignments. It is done to ensure that there are no errors in grammar, spelling, or sentence construction and to make sure the reference papers provided are accurate.

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Get Professional Economics Assignment Help in Australia

Hire our expert economics writers and maintain high grades, economics assignment help.

Are you a student in the USA struggling with intricate economic assignments? Look no further!

Our Economics Assignment Help Online service is tailored to meet the academic needs of students like you. Our expert tutors are dedicated to providing top-notch assistance, ensuring you excel in your economics studies.

Economics is a multidimensional field that analyzes the production, distribution and consumption of goods and services. For students studying economics, frequent assignments assess their grasp of economic theories, markets, policies and real-world applications. However, these assignments can prove challenging without adequate guidance. This article provides an overview of expert economics assignment help available online and how it aids students across academic levels.

Understanding Economics Assignments

Microeconomics Assignments – Analyze decision making by individuals and firms regarding demand-supply, elasticity, consumer behavior, pricing strategies, competition, resource allocation, etc.

Macroeconomics Assignments – Involve the broader economy focusing on GDP, unemployment, inflation, monetary and fiscal policies, trade, budgets and growth forecasting models.

Econometrics Assignments – Apply statistical analysis and mathematical modeling to prove/disprove economic theories and develop predictive models.

Before seeking online assistance, it is vital to comprehend what academic economics assignments entail. Common types of tasks include:

Term Papers – In-depth analysis of a key economic concept or evaluating a theory based on academic research

Case Studies – Using a real or hypothetical economic scenario to demonstrate the application of theoretical concepts

Research Papers – Formulating experiments to prove/disprove assumptions and forecast potential outcomes

Financial Modeling and Analysis – Creating financial models using data and formulae to provide projections

As per insights from subject matter experts, over 58% of students highlight facing maximum difficulty with research papers and financial analysis assignments.

Key Challenges Students Face

Complex economics assignments pose multiple challenges including:.

Grasping intricate economic principles and mathematical models – From GDP calculations to graphing demand-supply curves. Lack of expertise in leveraging data analysis tools – Usage of programs like Stata, SAS, R etc. for modeling. Finding suitable data sources and applying analysis – Testing hypotheses require updated, relevant statistics. Structuring compliant papers – Adhering to university formatting guidelines dilutes focus from content. Meeting stringent deadlines – Submissions alongside attending lectures and other tasks.

Students encounter several hurdles when working on economics assignments independently:

Complex Theoretical Concepts – Intricate fiscal and monetary policies require simplification along with math/stat interpretation

Data Analysis Issues – Constructing accurate forecasting models and finding suitable data parameters

Formatting Guidelines – Each university has specific compliance criteria regarding structure, references etc.

Submission Deadlines – Managing simultaneous progress across lectures, exams and assignments

Benefits of Online Assignment Help Specialized economics tutors offering online guidance bridge these gaps by:

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Leading online platforms facilitate economics assignment assistance across:

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Additionally, topic-specific help for term papers, case studies, thesis and dissertation research is also available based on learners’ needs.

Subject Matter Expertise Students Can Access Alongside personalized writing help, students also gain value from the extensive expertise of online economics tutors holding:

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Top Assignments for Economics in USA

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1. Research Papers Econometrics research papers that involve collecting data sets and building quantitative models to analyze trends, prove/disprove assumptions, and provide forecasting are highly prevalent economics assignments in the USA. These hone analytical abilities.

2. Economic Crisis Case Studies Assessing real world scenarios like recession impacts, trade policy changes, inflationary effects help understand theoretical concepts better. Crisis analysis makes common economics assignments.

3. Supply-Demand Graphing Creating models that determine production optimization, pricing strategies and understanding elasticity/inelasticity through graphical representations is ubiquitous in introductory micro and macro economics courses.

4. Policy Debate Papers Evaluating economic policies around areas like fiscal stimulus, quantitative easing, trade tariffs etc. through research and presenting arguments make for important economics tasks.

5. Statistical Analyses Leveraging statistical software like SAS , SPSS , Stata Statistical software for data science , Regression Analysis , hypothesis testing of concepts taught form core of assignments.

In summary, economics assignments in the USA test conceptual knowledge, research abilities, statistical modeling competency and real world application dexterity. These imply learning through analytical demonstrations aligned to topics taught.

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Popular and best courses in Economics Subject for students

Here are some of the most popular and highly rated economics courses along with their unit codes commonly offered at universities across the USA:

Introductory Microeconomics

• Unit Code: ECON101 Covers consumer behavior, supply-demand models, cost analysis, market structures

Introductory Macroeconomics

• Unit Code: ECON102 Covers GDP, unemployment, inflation, fiscal/monetary policies, AD-AS model

Intermediate Microeconomics

• Unit Code: ECON201 Covers consumer/producer optimization, game theory, pricing strategies, welfare economics

Intermediate Macroeconomics

• Unit Code: ECON202 Analysis of long run economy, economic growth theories, policy formulation, IS-LM model

Managerial Economics

• Unit Code: ECON300 Application of microeconomic theories to managerial decision making

Econometrics

• Unit Code: ECON251 Statistical inference in economics, regression analysis, forecasting models

Money and Banking

• Unit Code: FIN331 Monetary policy, role of central banks, determinants of global interest rates

Behavioral Economics

• Unit Code: ECON310 Analysis of psychological, cognitive factors influencing economic decisions

Some other popular electives are:

• Public Economics (ECON320)
• Environmental Economics (ECON303)
• Health Economics (ECON315)

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Browse Course Material

Course info, instructors.

• Prof. Esther Duflo
• Prof. Benjamin Olken

Departments

As taught in.

• Developmental Economics
• Microeconomics

Learning Resource Types

Development economics, replication assignment.

This project asks you to write an essay that reviews, replicates, and extends an empirical paper in one of the topics we cover in 14.771. You must choose an empirical paper that has available data. It does not have to be on the reading list. As the risk of stating the obvious, you MAY NOT choose a paper on which you were a research assistant.

Try to choose a paper for which the data source is pretty complete, i.e., it includes not only the processed data to produce the tables in the paper and code to go with them, but also clear documentation.

Details           Your essay should have three components, outlined below.   

A. Overview          

• What question does the study ask, and why is this of economic interest? What are the most important findings in the paper? 
• Describe an ideal research design for the question at hand. Is the work causal or descriptive? If the former, which assumptions support a causal interpretation of the results presented in your chosen paper? Are the econometric techniques used in the study likely to yield estimates with a causal interpretation? Are the results convincing?

B. Replication

• Identify the main findings and use the authors’ data to replicate the published/working paper findings if possible. Note that you need only to replicate the main results of the paper, not all the tables.
• Summarize and compare your replication results to the original results, with original and replication results reported side-by-side in a single table. Highlight any differences. Explain why you think your results differ from the original (if they do).
• Send us the code attached with your report. This should include the construction from the raw data sets to the data set ready for analysis to the extent you have these data available.

C. Extension           Extend the work either by either: 

• (a) estimating alternative specifications that may illuminate issues and questions raised by the paper (e.g., specification checks; subsamples of special interest; distributional effect)         
• (b) OR: if available, start from the very raw data to produce different variables that the authors may have chosen to include (or a different way to compute some of their main outcomes)

Resources           The product of this exercise is a short essay. Start polishing your writing skills now rather than the summer before you go on the job market. Learn to tell stories with numbers by imitating the good work of others. And as is increasingly required in economics as well, please submit a documented code to go with your results. The papers in the journals of the American Economic Association (AEA) have their data available for replication. That could be a good place to look for papers to replicate! Bear in mind that this is only true from 2015 on.

Datahub for Field Experiments in Economics and Public Policy with data for 150 different recent RCTs.

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Development Economics Assignment Help

Development economics focuses on improving living standards for people in low and middle-income countries. It studies how nations can advance economically through improved healthcare, education, infrastructure, and industry. Let's explore some key aspects of this intriguing field.

Precisions of Development Economics Assignment

Students hope to get an understanding of the workings of national growth and how to overcome obstacles to it by using development economics assignment help.   The goals encompass examining theories of growth, using novel frameworks for evaluating the economy, and formulating workable policy recommendations. In addition, students seek to evaluate the advantages and disadvantages of their nation in order to offer sensible counsel for sensible choices about development economics assignments.

Complex Areas of Development Economics Assignment

For students utilising development economics assignment services, striking a balance between immediate needs and long-term goals might be a challenging problem. While pressing issues require urgent action, long-term progress requires patience. Finding context-specific solutions is another obstacle, as "one-size-fits-all" policies seldom address the unique demands of different countries. This is especially problematic when it comes to development economics assignments in India. Disparities between urban and rural areas also add to the complexity, making it difficult for development economics assignment writers to recommend customised solutions that tackle the unique problems encountered by each population segment while aiming for national improvements in expanding industries and improving living standards.

Overcoming Difficulties related to Development Economics Assignment

When navigating the complexities of development economics assignments, students find it helpful to look up case studies of certain countries to see how theories are implemented in various circumstances. Development economics assignment help services may aid with this process. Students that interact with locals have priceless firsthand knowledge that enhances what they learn in the classroom. Moreover, gaining knowledge from practitioners and specialists in development economics assignments expands their comprehension beyond academic limits and promotes holistic viewpoints. 

Use of Development Economics

Online development economics assignments help guide government planning and NGO community programs. International organisations like WHO and UNICEF use its findings in poverty alleviation and public health projects worldwide. Investors referenced its precepts to identify markets with growth potential. 

Evolution of Development Economics Assignment as a subject 

With the aid of development economics assignment help, the field of development economics has evolved from emphasising macro-level capital accumulation for growth to emphasising inclusive development through high-quality healthcare and education. Prioritisation is given to sustainable goals that balance the well-being of the economy, society, and environment. With the aid of online development economics assignment services, a variety of issues, including globalisation, entrepreneurship, and technology advancements, are also examined in development economics assignments, especially in India.

Mastering the art of Development Economics Assignment

Development Economics Assignments allow students to specialise in a number of areas, such as impact assessments, addressing climate change impacts, building sustainable energy initiatives, healthcare delivery systems, infrastructure development, poverty elimination strategies, education reforms, and sustainable energy initiatives.

Potential Struggles Related to Development Economics Assignment

Students may find analytical models complex initially and struggle relating theories to real-world scenarios with political, social and cultural dynamics. Accessing quality country-level data across time also poses challenges. Appreciating varied viewpoints requires open-mindedness. Sustaining motivation amid lengthy development timeframes tests perseverance. 

Recent Updates and Trending News regarding Development Economics Assignment

With COVID-19 increasing inequality, development policies now emphasise inclusiveness even more. Technological diffusion presents opportunities, but it also risks exacerbating the digital divide. Studies examine the pandemic’s effects and building resilience of vulnerable populations. Climate change’s growing threat to marginalised communities also entered the discourse. 

Career Possibilities after studying Development Economics 

After studying development economics, exciting options open in the public sector with governments and international organisations, development consulting, social entrepreneurship, impact investing, economic research, project management, and more. One can work on issues profoundly shaping human lives worldwide.

India Assignment Help provides vital insights into the management, allocation, and use of resources, acting as a vital link between economics and development initiatives. Our dedicated platform helps students navigate the complexity of the topic of development economics by focusing on tasks related to this area of study. We guarantee excellent work that is in line with students' academic demands thanks to our committed staff of writers, professionals, and experts located in India. Our development economics assignments receive complete assistance, from policy analysis to growth strategy evaluation.

Q1. What are the common theories discussed in development economics assignments ?

A1. Some major theories discussed include:

• Mercantilism and physiocracy, which focused on trade balance and agriculture
• Economic nationalism emphasises domestic production
• Modernization theory on stages of economic growth
• Dependency theory on effects of global economic relations
• Neoliberalism promotes free markets and trade

Q2. How is development economics assignment different from other economic theories?

A2.  Development economics assignment focuses specifically on improving living standards and welfare in low and middle-income countries. It considers political, social and cultural factors besides economic growth. Other theories often overlook ground realities in developing nations.

Q3. What are some examples of countries that have successfully applied development strategies?

A3.   Countries like Japan, South Korea, China, Malaysia, Botswana, etc., achieved high growth through initiatives covering infrastructure, education, healthcare, fiscal reforms, export promotion, and more. Targeted strategies addressing each nation's priorities proved most effective.

Q4. What are some career options after studying Development Economics?

A4. Some common career options include being an integral part of the NGOs, or other social organisations. One can use their academia to the development of evidence based programs. 

Q5. Is Development Economics worth studying?

A5. Yes, with the knowledge of Development Economics you can help in impacting the economical facts in both micro and macro level. 

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