Macroeconomics is the study of an economy as a whole. For instance, when studying macroeconomics, researchers look at how certain factors affect the overall economy, especially when it comes to government influences. These factors can include everything from unemployment to interest rates to international trade. Because there are so many factors influencing the success and failure of an overall economy, there are plenty of topics to research and write about.
Macroeconomics vs. Microeconomics
Students just starting out learning about macroeconomics can study the differences between macroeconomics and microeconomics. While macroeconomics looks at how an economy performs as a whole, microeconomics focuses on supply and demand when it comes to individual companies, industries and people. For a research paper, outline all of the differences between the two and also describe how they complement each other.
Macroeconomics in Unemployment
A research paper on unemployment can explore the facets of this issue, including the various types of unemployment, including real wage unemployment, frictional unemployment, cyclical unemployment, geographical unemployment, structural unemployment and casual unemployment. Study each type of unemployment and research what causes unemployment and government policies that affect unemployment.
More advanced students may consider taking on a research paper dealing with macroeconomic equilibrium. Macroeconomic equilibrium happens when aggregate demand intersects with aggregate supply. Research what aggregate demand and aggregate supply are and how they play a role in macroeconomic equilibrium. In addition, discover how this intersection affects economic growth in an economy.
Macroeconomics in International Trade
Students interested in global economics may consider taking on the topic of macroeconomics in international trade. Because international trade is vital to the development of a country, students will discover what makes some countries thrive and others fail. Include information about "absolute advantage," which refers to companies that can produce goods for lower costs than companies in other countries. Also include information about balance of payment, a type of transactions record in international trade.
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