Economics Topics for Assignment: High Quality an Available at Cost Effective Rates Economics is a type of social science which describes all the factors of production which include capital, land, labour, machinery, distribution and consumption. Economics can be cla ssified as microeconomics and macroeconomics. There are other broad division of economics such as: Positive economics: this branch of economics deals with the descriptions and explanations of all economic phenomena. It focuses on facts, causes and the after effects. Normative economics: this branch of economics expresses the values and judgements about the economic goals and outcomes of the policies that are required for production. Applied economics: this branch of economics explains the process of application of economic theories and econometrics to solve economic problems. Behavioural or ration economics: it studies the effects of the factors of production on the economic decision and the consequences of market prices, the returns from production and th e resource allocation. Mainstream economics: it deals with the rationality individualism equilibrium nexus. Heterodox economics: it refers to the methods of production in the economy that are beyond the mainstream economics. It is an umbrella term which studies the approaches and application of the economic theories. The ultimate and final goal of the subject economics is to study the economic conditions and to improve the standard of living of the individuals and attain full employment in the economy. There is no dearth of economic topics for assignment on which the students are expected to complete their academic task. There are many topics in economics which can invent an interesting assignment which can attract any reader. Topics such as: ďƒ˜
Principles of economics: there are ten basic principles of economics which determine theeconomicgrowth
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Factors of production that develops economy: there are four main factors of production which include capital, land, labour and entrepreneur.
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The entire market system national and international: market is that institution which brings the producer and the consumer of any commodity closer.
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