To write a good paper, a person needs a great topic to start with. Finding a proper question is a basic step to take for the whole writing process to be effective. A good topic is the one, in which a writer has solid knowledge, and that can be potentially interesting for the target audience. Relevant and credible research in the area of concern is a vital element of a good paper. Time spent on preliminary research and selection of a topic is a valuable investment into the future of the paper. The present article has a list of common areas of interest in the scope of microeconomics, featuring both broad and narrow topics.
To start with, the area of microeconomics covers economic science that relies on a robust background of scientific research. The latter has crafted methods aimed to help economists in predicting economic tendencies via understanding and knowledge of the market mechanics and potential response to purchasing decisions of particular individuals. It is important that this is only a predictive model, and actual results may differ.
The economy of the United States demonstrated growth by 100% in the period 1970-2012. The price of such progress is incremental pollution of the environment. Regardless numerous anti-pollution policies, the improvement of the situation is minimal. Hence, pollution remains a major threat nowadays, and microeconomics positions pollution as an externality.
Earn 10% from all orders made by people you bring!
Your people also get 17% discount for their first order
The potential decision developed by economists is the inclusion of the costs of pollution in the cost of production. Some of these costs comprise the following issues:
In order to contribute to actual reduction of the pollution, there is a need for a paradigm shift in behavioral patterns of customers. As soon as consumers appreciate the eco-friendly approach in the production, companies will be more willing to make changes in their policies. Along with such, governmental legislation can also be employed as an instrument for the protection of the environment.
Thus, only a constructive action can be a key to the effective protection of the environment.