Economics Dissertation Ideas

Wise Owl Research has an inventory of Economics dissertation ideas to help you choose a dissertation topic

If you have a general idea of where you want to progress your economics dissertation but need a little extra help developing the notion – we have a dissertation report service where we can work with you to customise an economics dissertation proposal that adheres to all of your prerequisite criteria

Economics Dissertation Idea(1)

'Has the implementation of Trade Related Intellectual Property Rights (TRIPS) agreement incentivised innovative activity within the Indian Pharmaceutical Industry?'

The Indian Pharmaceutical industry was weaned off protectionist measures supported by the Patent Act 1970 which abolished pharmaceutical product patents, this rendered every drug virtually generic allowing it to be legally imitated and sold

After becoming a signatory member of the World Trade Organisation (WTO) in 1994, India was given until 2005 to become TRIPS compliant. This enforced India to conform to the minimum standard set out by the TRIPS agreements

Put simply, Indian firms are no longer permitted to copy patented drugs for sale in the domestic or export market. India was required to adopt to a homogenous patent regime with other member states and it is this transitional period that will be scrutinised for your dissertation

Relevant Economic Theory: Patents & Innovation

Suggested Sources:

• Malhotra, P. (2010) Impact of TRIPS in India. Palgrave Macmillan , Hampshire, United Kingdom

• Donohoe, L. (2017) Investment Economics & Risk. Amazon UK

Economics Dissertation Idea(2)

‘Has globalisation impacted the UK fishing industry?’

Over-fishing has attracted the attention of charitable movements and media bodies worldwide. Many poor communities depend on the harvesting of fish stocks for their livelihood.

According to The Economist: ‘In 2013, the most recent year for which full data are available, 32% of the world’s fish stocks were being exploited beyond their sustainable limit, up from 10% in the 1970s’

International corporations with vested interests in capital intensive fishing vessels will move further afield to maximise return on their investment. Seasonality will also cause mobility of foreign fishing vessels

Economic game theory can be used to explore the options on how multinational organisations will circumvent over fishing. Either by free riding or negotiating to achieve a sustainable fish harvesting strategy

Relevant Economic Theory: Game Theory. Globalisation. Public Goods

Suggested Sources:

• Parrett, A (1998) ‘Pollution Impacts on North Sea Fish Stocks’ Marine Program, World Wildlife Fund (WWF-UK), Panda House, Weyside Park, Godalming, Surrey, UK

• Hardin, G. (1968) ‘The Tragedy of The Commons’. Advancement of Science, 1200 New York Avenue NW, Washington, DC 20005

• Cheung, W. Sumaila, R (2015) Economic incentives and overfishing: A bioeconomic vulnerability index. Marine Ecology Progress Series, ResearchGate. Available HERE

Economics Dissertation Idea(3)

‘Inflation and Shrinkflation – Explaining the price Freddo chocolate bars in the UK ’

This economics dissertation topic idea features the economical analysis of Cadbury’s Freddochocolate bars. In the UK, the price increases of Freddo bars has gained significant interest from social media with some calling for “Freddo Riots” in protest for inflation of prices. Others have made cases for the minimum wage to be increased due to a fall in the amount of Freddo bars that an hour’s labour can purchase. One viral post called the latest price increment to 30p per bar “the biggest scandal of the 21st century”. Clearly, according to Tweets and Facebooks statuses, the price of a Freddo bar is a significant source of national anxiety for us British

The price increases are interesting for economists as we can analyse and explain how the price is fluctuating in real terms but also the role of “shrinkflation”. Perhaps one of the most famous cases of shrinkflation is the Toblerone who publicised that they were reducing the amount of product per bar by increasing the space between triangles in response to Brexit, or so they claimed

Is well publicised price increases for products such as the Freddo bar a motivation for firms to engage in Shrinkflation in lieu of attracting negative publicity for passing cost increases through price hikes?

Surprisingly, there is several online sources of data for the historic prices of the Freddo bar and any change in the weight of the bar too. One of our recommended sources shows a chart which compares the price of a Freddo bar against other economic indicators

If you are looking to produce an original and unconventional economics dissertation then you should consider the economic analysis of this British favourite confectionery bar. You can bulk your dissertation by analysing literature on inflation, product branding and empirical data on shrinkflation. We have a great Office For National Statistics article on Shrinkflation which will help you review this strategy within your analysis

Relevant Economic Theory: Inflation & Shrinkflation

Suggested Sources:

Forbes Online, (2017). “Is Your Toblerone Smaller Thanks To Brexit?”. Available HERE

Office For National Statistics, (2019). “Shrinkflation: How many of our products are getting smaller?”. Available HERE

• Proactive Investors, (2019). ‘The Freddo Index: The most important economic indicator you’ve never heard of’. Available HERE

The Telegraph, (2017). “Outrage as Freddo price rises to 30p”. Available HERE

Vouchercloud, (2018). “The Freddo Index – The History of Freddo Prices Since 2000”. Available HERE

Economics Dissertation Idea(4)

‘Is the National Living Wage a sensible way to help low-wage workers?'

A standard competitive labour market model would predict that an increase in labour costs would be met with a reduction in demand for labour services. Critics argue that an increase in labour cost will increase the propensity to invest in labour saving technology which will typically impact low skilled workers

Firms may switch to hiring superior skilled workers in response to a mandatory increase in labour cost outlay. This is a plausible hypothesis given that companies cannot control the labour cost, but they can control the quantity and quality of their labour force

However, counterarguments may claim that firms in a competitive homogenous market will pass on the labour costs through price inflation. This can be done safe in the knowledge that competitors are doing the same thing

Relevant Economic Theory: Game Theory. Globalisation. Public Goods

Suggested Sources:

• Metcalf, D (2008) ‘Why has British national minimum wage had little or no impact on employment?’, Journal of Industrial Relations, volume 50

• Arindrajit Dube, T. William Lester, and Michael Reich. (2010). “Minimum Wage Effects Across State Borders: Estimates Using Contiguous Counties.” IRLE Working Paper No. 157-07

Economics Dissertation Idea(5)

‘Has the fracking revolution broken Gazprom’s ability to set European natural gas prices?’

In 2016 the first liquefied natural gas (LNG) shipment from the US landed on European shores. The fracking revolution had increased the supply of exportable natural gas (NG)

Due to Russia’s close proximity to Europe and massive natural resources – Russia had been supplying NG is massive volumes. However, the state majority owned Gazprom began to temper the supply of NG for political reasons. Russia had enough market power to control the price of NG is Europe

Shipments of LNG to European ports offered an alternative to Russian supplies and disrupted the price setting ability of Gazprom. This economics dissertation idea can make the use of monopoly theory and also the price setting equilibrium

Relevant Economic Theory: Monopoly. Oligopoly. Price Setting. Competitive Markets

Suggested Sources:

• The Economist Online, (2013) Russia’s wounded giant, available HERE

• The Oxford Institute For Energy Studies, (2015) The Political and Commercial Dynamics of Russia’s Gas Export Strategy. Available HERE

• Morbee, J. Proost, S. (2010) Russian Gas Imports in Europe: How Does Gazprom Reliability Change The Game?

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Economics Dissertation Idea(6)

‘Does Advertising Expenditure Create Barriers To Entry? – An Online Bookmakers Case Study’

Barriers to entry is a fundamental concept to economic theory. It helps determine the composition of industries and the success of firms within it

UK bookmakers have relatively low barriers to entry yet firms such as William Hill and Ladbrokes have maintained market share very well over the years. Is advertising expenditure creating a moat causing new market entrants to fall short of capturing market share?

Your dissertation should feature comprehensive analysis of the sector and use economic modelling to show how significant advertising expenditure could be underpinning market share

Relevant Economic Theory: Competition. Barriers to entry. Market share

Suggested Sources:

• Online Betting, (n.d.) Biggest Bookies And The Distribution Of The Gambling Industry In The UK. Available HERE

• Shapiro, C. (1982) Advertising as a Barrier to Entry? Bureau of Economics Federal Trade Commission. Washington, DC 20580

Economics Dissertation Idea(7)

‘Does privatisation spur innovation?'

Privatisation has been a prominent paradigm in the UK under a Conservative Government. But does it spur innovation?

Jaguar, British Telecom, Cable & Wireless, Britoil, British Gas and Royal Mail have all been privatised in the UK. Selecting a specific case study to centralise your research on should not be too much of an issue. There has been numerous empirical publications in the past relating to the link between privatisation and innovation

Use theory and empirical observations to build a hypothesis and then test this using your own data

Relevant Economic Theory: Privatisation. Innovation

Suggested Sources:

• Guriev, S. Megginson, W. (2005) Privatization: What Have We Learned? Available HERE

• Bowyer, D. Chapman, R. (2014) Business model innovation through stakeholder viewpoints – the case of Sydney Airport ten years post-privatisation. ResearchGate

Economics Dissertation Idea(8)

‘Is the 2008 financial crisis proof that the Efficient Market Hypothesis is invalid??'

The Efficient Market Hypothesis (EMH) maintains that market prices for equities are a true reflection of all information in the public domain. However, this has been contested by many scholars

Using the 2008 financial crisis as a case study, does the market movements support or refute the EMH? Collect closing prices for an index such as the FTSE 100 leading to, and proceeding the crisis

Gathering sources for the literature should be no problem given the popularity of the EMH. Closing prices of the FTSE 100 is also readily available. Use the literature to construct a hypothesis and then test the hypothesis empirically

Relevant Economic Theory: Privatisation. Innovation

Suggested Sources:

• Stefan, I. (2009) Testing the efficient market hypothesis: A behavioral approach to the current economic crisis, Economics Department University of California, Berkeley

• Donohoe, L. (2017) Investment Economics & Risk. Amazon UK

• Malkiel, B. (2008) A random walk down wall street. W.Norton & Company 500 5th Avenue, New York, NY 10110

Economics Dissertation Idea(9)

‘Do currency pegs hamper economic growth? Evidence from Switzerland’

 

The Swiss Franc’s previous fixing to the Euro was broken in 2015 which caused shocks in the foreign exchange (FX) markets. How did this effect the Swiss Economy?

The allure of this case study is that there is a wealth of economic data straddling the announcement to break the currency peg. Analysing how different indicates (such as GDP or employment) preceding and immediately after the effect will help build a hypothesis

Did any Economic indicators react to the policy change? If so, how certain are you that it was caused by the FX change? Using past literature on the subject may be able to show you the different methods of manipulating the data and also to explain your results

Relevant Economic Theory: Exchange Rate, GDP, Current Account

Suggested Sources:

• The Economist Online (2015) Why The Swiss Unpegged The Franc. Available HERE

• Lleo, S. Ziemba, W. (2015) The Swiss Black Swan Bad Scenario: Is Switzerland Another Casualty of the Eurozone Crisis?. Systemic Risk Centre, London School of Economics, London, WC2A 2AE, United Kingdom

Economics Dissertation Idea(10)

‘Can the output gap model explain Zimbabwe’s hyperinflation?’

One of the exemptions to the theory of the output gap is the curious case of Zimbabwe. Economic growth was falling yet there was a hyperinflation in the economy

This proposal will be able to make use of data analysis given the amount of widely available data in the public domain on GDP and price inflation for this economics dissertation idea

• The Economist Online (2013) Zimbabwe after the hyperinflation: In Dollars they trust. Available HERE

• The Economist Online (2017) How Robert Mugabe ruined Zimbabwe. Available HERE

• Hanke, S. Kwok, A. (2009). On the Measurement of Zimbabwe’s Hyperinflation. Cato Journal, Vol. 29, No. 2 (Spring/Summer 2009)

• Kavila, W. Le Roux, P. (2017) The Reaction of Inflation to Macroeconomic Shocks: The Case of Zimbabwe (2009 – 2012). Economic Research Southern Africa

Economics Dissertation Idea(11)

‘Does the learning curve model hold empirically? The case of Photovoltaic solar panels’

The Photovoltaic sector has been subject to sustained innovation, allowing energy from solar panels to compete with fossil fuels. How did the cost of producing solar fall so drastically from the technology’s inception?

Solar is an excellent candidate to base your dissertation on if you wish to research innovation in a technological perspective. Applying economic theory to this work will be simple given the relevance of the learning curve model

The gravity of the fall in the price of solar panel per watt of electric justifies using solar as an example in your dissertation, it is also a well documented subject – making procurement of data relatively simple

Relevant Economic Theory: Learning Curve Modelling, Innovation, Learning by doing

Suggested Sources:

• Goodall, C (2016) The Switch. Profile Books, London WC1X 9HD

• The Economist Online (2018) The Future of Solar Energy. Available HERE

• Leewiraphan, C. Rakwichien, W. Ketjoy, N. Thanarak, P. (2011) Learning Curve Analysis of Photovoltaic System in Residential Building in Thailand. Published by Elsevier Ltd

• Clean Technica Online, (2018) Solar Panel Prices Continue Falling Quicker Than Expected. Available HERE

Economics Dissertation Idea(12)

‘Which Economic Theory Best Explains Demand For Rolex Watches?’

For behavioural economics students, this proposal features the study of consumer behaviour where agents spend in excess of £5,000 for a watch that functions almost identically to a watch 10% of the price of a Rolex

Reviewing past theory relevant to the demand for ostentatious items may shed light on the subject and the review of literature should determine which theory is best appropriate to describe the behaviour. Luxury good definitions, conspicuous consumption and price elasticity of demand are economic theories that will assist the researcher reach a conclusion

Surveying Rolex vendors and consumers will provide further insight that will help to underpin or refute theory – this sort of primary data will help achieve a higher grade on your economics dissertation

Relevant Economic Theory: Luxury Goods, Conspicuous Consumption, Price Elasticity of Demand

Suggested Sources:

• Wong, N. (1997) ,Suppose You Own the World and No One Knows? Conspicuous Consumption, Materialism and Self, in NA – Advances in Consumer Research Volume 24, Association for Consumer Research

• The Economist Online (2005) Inconspicuous consumption. Available HERE

• Salmela, M. (2010), Motives for consumption of luxury goods, HERE

Economics Dissertation Idea(13)

‘Can Economic Game Theory Predict A Solution To The Over-fishing Crisis?’

Economic game theory is a popular behaviour prediction instrument for economists. Determining a payout for each payer can identify dominant strategies, equilibrium and multistage games

The option to comply with fishing quotas or over-fish can be examined through a series of payoffs in the short and long term. This economics dissertation idea can explore the differentials between international agents who can choose to cooperate in allowing fish stock to recover, or, can freeride by fishing when the other party decides to attempt to allow fish stock to recover

This is a popular topic in economics and there will be no shortage of similar studies that you can use as an anchor for your own. Try to use a different perspective to previous papers so that your research can add value to exisiting literature on the subject

Relevant Economic Theory: Privatisation. Innovation

Suggested Sources:

• The Economist Online, (2015), How to catch the overfishermen, Available HERE

• Munro, G. (2008). Game Theory and the Development of Resource Management Policy: The Case of International Fisheries. Department of Economics and Fisheries Centre University of British Columbia

Economics Dissertation Idea(14)

‘Is The Philips Curve Broken? Zero-lower bound rates, employment and stagflation’

A very interesting topic is reviewing the assumptions of the Phillips curve in relation to the lack of observed inflationary pressures that the model predicts at zero-lower bound

Since the 2008 financial crisis, western central banks have reduced the base rates to zero lower bound. The Philips curve model will predict high employment and excessive inflation, yet, inflation has been below target for a decade

Reviewing the Phillips Curve assumptions and literature that attempts to explain the lack of inflation within the economy will be a major constituent of your dissertation. It is recommended that you select one theory, such as lowered production costs from outsourcing, and base your argument on that

Relevant Economic Theory: Phillips Curve, Inflation, Employment

Suggested Sources:

• The Economist Online (2017) The Phillips Curve May Be Broke. Available HERE

• Sir Jon Cunliffe Bank of England Speech (2017) The Phillips curve: lower, flatter or in hiding? Available HERE

Economics Dissertation Idea(15)

‘Could Pigovian Tax Reforms Save The NHS? – Evidence From Sugar Tax’

Externalities arise from all sorts of market activities. The consumption of sugar is known to cause various medical conditions which has added to the demand of the NHS. Could applying a Pigovian tax to those choosing to jeopardize their health through poor dietary choices be a solution to the NHS demand crisis?

As the NHS service is free at the point of treatment, a passage on moral hazard should be considered – is there a lack of incentive for citizens to maintain a balanced diet if treating any ailments is instant and free of charge?

Exploring official empirical data published by the UK Government when sugar tax was introduced with theoretical evidence on effectiveness of Pigovian taxes should provide ample content for this economics dissertation idea

Relevant Economic Theory: Pigovian Tax, Moral hazard

Suggested Sources:

• The Economist Online (2015) Should We Tax Sugar? Available HERE

• Griffith, R. Lührmann, M. O’Connell, M. Smith, K. (2016). Using Taxation To Reduce Sugar Consumption. Institute For Fiscal Studies

• Economics Help, (2017) Sugar Tax Debate. Available HERE

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Economics Dissertation Idea(16)

 

‘Preventing The Agency Theory – Evidence From Enron’

 

Enron’s implosion is one of the most referred to case study when the agency theory is explained. Can the catalog of events that lead to the Enron crisis show how to prevent agents from destroying a healthy company?

Previous literature that conflates theory and empirical observation will help build a conclusion on the matter. It is important that your dissertation finds several recommendations that are underpinned by evidence

If you do not want to use Enron as an example, the banking syndicates immediately prior to the 2008 crisis provides several examples of agentic behaviour which can feature in your analysis – the important consideration for this economics dissertation idea is to review past literature, identify the key events and then construct recommendations to avoid these in the future

Relevant Economic Theory: Agency Theory

Suggested Sources:

• Solomon, J. (2013), Corporate Governance And Accountability, John Wiley & Sons, Chichester, West Sussex, United Kingdom

• The Economist Online (2009), Firmly Hooked. Available HERE

• Donohoe, L. (2017), Investment Economics & Risk. Amazon UK

Economics Dissertation Idea(17)

‘Examining Strategies for Companies with Low Barriers to Entry – Dignity Plc’

Barriers to entry is a key aspect of economic theory. For this economic dissertation the publicly listed funeral provider will be analysed. Barriers to entry are relatively low in the fragmented sector. Dignity’s board began to buy up competition to allow them to raise prices, but the strategy was not sustainable due to the low barriers to entry. The sector is comprised of the Co-op, Dignity and many family owned parlors

Suggest how companies who have significant market share of a fragmented sector should adjust their strategy in order to maximise profit and to preclude the ceding of market share. Use economic theory such as price setting models and empirical data analysis of data published within Dignity’s annual reports

Assessing how the firm’s market share and profit share changed over a specified period may help to refute or underpin theory that you provide from a literature review. Has Dignity managed to use their market share to set prices? Why did this strategy fail? We have specialist writers in Microeconomics who will be able to help with a paper of this nature

Relevant Economic Theory: Barriers to Entry, Price Setting

Suggested Sources:

Dignity [online] Available HERE

Office of National Statistics [online] ‘Mortality statistics in England and Wales QMI’. Available HERE

Economics Dissertation Idea(18)

‘Are Power Prices Elastic? Evidence From The UK Energy Market’

Electricity (power) prices fluctuate daily and power suppliers usually hedge prices on a seasonal basis into the future, however, rising prices have fed through to consumer bills. Couple this with government embedded benefit subsidies such as renewable obligation certificates for green power generators have all caused power prices to increase. The question is – does power price perturbation cause a change in demand?

From an behavioural economic perspective, this is an interesting topic given that we consider power as an essential ingredient to our daily lives, however, we also have the ability to reduce wastage and conserve energy. Do high prices increase the propensity to ration power usage? Demand Side Response practices will need to be mentioned in your research – this is where the National Grid manages imbalance by facilitating a reduction in demand rather than an increase in power supply

This economics dissertation idea will likely interest the mathematical economists due to the emphasis on data analysis. Power is sold in two ways in the UK: either charges at a “System Imbalance Price (SIP)” or on a day ahead auction. Each are measured in pounds per Megawatt hour (£/MWh)

Interestingly, power prices can actually be negative at times of high wind output and low demand – meaning that power generators are charged rather than paid for the power they put onto the grid. Historic price data is widely available in the public domain and we have enlisted the source for you. It will be your decision as to whether to use SIP or Day ahead prices for your analysis

The same website also records power demand and so it will be simple to marry the demand for power against the price to establish if any statistical significant trends can be confirmed. We have several economic writers who work in the energy sector who will be able to customise a model answer for this dissertation

Relevant Economic Theory: Price Elasticity

Suggested Sources:

Nord Pool : Historical Market Data. Available HERE Elexon Online. Available HERE

Economics Dissertation Idea(19)

‘Dutch disease and the UK banking sector – is pound sterling propped up by the City?’

Prior to the UK’s referendum on EU membership – several economists claimed the pound sterling was overvalued and that the currency suffered from a case of Dutch disease. The large capital inflows from banking and financial activity was propping up the value of the pound. An interesting study for this economics dissertation idea will be to test correlation between UK listed financial sector profitability and value of the pound sterling

Exactly how to conduct this study is subjective based on whether your preference is to look for weakness in the value of the pound and then determine if financial sector performance was lagging in the period preceding the pound devaluation and, conversely, if a rise in finance sector profitability causes a rise in the pound sterling value

Determining correlation between the two will initiate discussion as countries with cases of Dutch disease in oil centric economies show currencies trending with underlying commodity price movements. Caveats will be needed as correlation does not necessarily infer causation

Relevant Economic Theory: Price Elasticity

Suggested Sources:

Donohoe, L. (2017) Investment Economics & Risk. Amazon, United Kingdom

Financial Times Online (2016). ‘Brexit and Britain’s dutch disease’. Available HERE

Economics Dissertation Idea(20)

‘Financial Crises. Past and Present'

For this economics dissertation topic idea you should choose one country that is either emerging/developing or industrial that has experienced a financial crisis over the past decades (e.g., countries of the European periphery, Latin American or East Asian countries that suffered severe banking/currency crises in the 1980s, mid/late 1990s or other countries such as Turkey, Russia, Argentina)

You should focus on a large economic downturn (crisis) that is related to debt default, banking collapse, massive currency depreciation, or hyperinflation. Please focus on a crisis period associated with a large economic downturn rather than a recession

The dissertation aims at uncovering the origins of the latest crisis, but also a past crisis and then understanding similarities and differences

Rogoff, A. (2011) This Time Is Different: Eight Centuries of Financial Folly. Princeton University Press, New Jersey, USA

Economics Dissertation Idea(21)

‘M&A in Russian’s Oil and Gas Sector: Challenges and Opportunities’

This economics dissertation topic idea requires the review of merging and acquisition (M&A) within the Russian oil and gas sector. Your dissertation will likely focus on the performance of the acquirer companies. One of the challenges for this proposal is that financial markets in Russia are very illiquid and very few companies are publicly listed, this precludes the researcher from using market returns. However, the Orbis database has accounting information that will enable you to download enough data to complete your analysis

Your literature review can be segregated by exploring M&A theory. Then reviewing literature in relation to the Russian energy sector itself before finally focusing on M&A activity within the Russian oil and gas sector

The Zephyr database will help identify acquirer firms. Both Orbis and Zephyr are provided by Bereau Van Dijk and will enable you to review data containing information on M&A, IPOs and venture capital deals. The database will contain other information in regard to the M&A deals themselves

How has Russian acquirers fared after M&A activity? How does previous research explain your results? These are central questions that will form the basis for this economics dissertation idea

Suggested Sources:

Bushin, G. (2017) ‘Understanding Key Issues of M&A Activity in Russia: The Case of Oil & Gas and Banking Industries’. Available HERE

Economics Dissertation Idea(22)

‘Does Fuel Hedging Hamper Aviation Innovation?’

The Economist has reinforced similar studies by stating that jet fuel represents around one third of an Airline’s costs. Given the volatile nature of oil markets, this can have a severe impact on the profitability of airline companies. One would usually expect companies to contain this cost through technological innovations. However, financial instruments allow airlines to have some certainty over their fuel costs by buying fuel using options or forwards

This economics dissertation topic idea will require you to gather information on a range of airlines to assess whether there is a link between the percentage of fuel hedged and innovation. There is a large dispersion between different airlines and their risk appetite with fuel hedging. For instance, Ryan Air has historically hedged 90% of their fuel requirements whereas Air Canada was hedging around 20% of their fuel requirements over the same period

You will need to delve into company annual reports to obtain the data that you need for fuel hedging strategies and volumes. There are other industry indicators such as Revenue Passenger Mile that will help with your analysis. The economics dissertation topic is very expansive as you can change the angle of your study to compare, for example, Ryan Air who hedges 90% of their fuel against Delta Airline who has a natural fuel hedge after purchasing a fuel refinery

Suggested Sources:

The Economist Online (2015) “How airlines cut costs” Available online: Available HERE

Jin, Y. Jorian, P. (2006). “Firm value and hedging: Evidence from U.S oil and gas producers”. Journal of finance

Regibeau, P. (2013). “Market power and competition policy”. Doing Economics: People, Markets and Policy. The Open University, Milton Keynes, United Kingdom

The Wall Street Journal, (2016). “Airlines Pull Back on Hedging Fuel Costs;” Available online: HERE

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