Economics Free Argumentative Essay Topics

Argumentative essay topics related to the economy may deal with policies regarding economic development (tax cuts versus increased taxation for big corporations/small and medium enterprises; protectionism versus joining free-trade treaties), socio-economic doctrine (socialism/communism/capitalism), the investigation of reasons behind economic crises, indices of a strong economy, and how to solve economic problems in developing countries.

A strong economy is essential for the well-being of a nation since it serves as the engine for individual prosperity, infrastructure projects benefiting millions, well-financed medicine, education, and the military—which, in turn, is the guarantor of national safety.

  • Should developed nations adopt socialism?
  • Which economic system is better for society: capitalism or socialism?
  • What are some of the reasons why communism failed in the Soviet Union?
  • Is buying shares speculation or is it investing?
  • What are the advantages and disadvantages of an economy oriented towards exporting commodities?
  • What were the causes of the recession of 2008, and how might such an economic downturn be avoided in the future?
  • Did President Roosevelt’s New Deal policies help to end the Great Depression, or did they protract America’s economic woes?
  • What economic policies should Third World countries adopt to improve their global status?
  • Should countries adopt protectionist or free-trade policies?
  • What are the advantages and disadvantages to being in a customs union?
The structure of the argumentative essay

The structure of the argumentative essay is held together by the following.

  • A clear, concise, and defined thesis statement occurs in the first paragraph of the essay.

In the first paragraph of an argument essay, students should set the context by reviewing the topic in a general way. Next the author should explain why the topic is important (exigence) or why readers should care about the issue. Lastly, students should present the thesis statement. It is essential that this thesis statement be appropriately narrowed to follow the guidelines set forth in the assignment. If the student does not master this portion of the essay, it will be quite difficult to compose an effective or persuasive essay.

  • Clear and logical transitions between the introduction, body, and conclusion.

Transitions are the mortar that holds the foundation of the essay together. Without logical progression of thought, the reader is unable to follow the essay’s argument, and the structure will collapse. Transitions should wrap up the idea from the previous section and introduce the idea that is to follow in the next section.

  • Body paragraphs that include evidential support.

Each paragraph should be limited to the discussion of one general idea. This will allow for clarity and direction throughout the essay. In addition, such conciseness creates an ease of readability for one’s audience. It is important to note that each paragraph in the body of the essay must have some logical connection to the thesis statement in the opening paragraph. Some paragraphs will directly support the thesis statement with evidence collected during research. It is also important to explain how and why the evidence supports the thesis (warrant).

However, argumentative essays should also consider and explain differing points of view regarding the topic. Depending on the length of the assignment, students should dedicate one or two paragraphs of an argumentative essay to discussing conflicting opinions on the topic. Rather than explaining how these differing opinions are wrong outright, students should note how opinions that do not align with their thesis might not be well informed or how they might be out of date.

  • Evidential support (whether factual, logical, statistical, or anecdotal).

The argumentative essay requires well-researched, accurate, detailed, and current information to support the thesis statement and consider other points of view. Some factual, logical, statistical, or anecdotal evidence should support the thesis. However, students must consider multiple points of view when collecting evidence. As noted in the paragraph above, a successful and well-rounded argumentative essay will also discuss opinions not aligning with the thesis. It is unethical to exclude evidence that may not support the thesis. It is not the student’s job to point out how other positions are wrong outright, but rather to explain how other positions may not be well informed or up to date on the topic.

  • A conclusion that does not simply restate the thesis, but readdresses it in light of the evidence provided.

It is at this point of the essay that students may begin to struggle. This is the portion of the essay that will leave the most immediate impression on the mind of the reader. Therefore, it must be effective and logical. Do not introduce any new information into the conclusion; rather, synthesize the information presented in the body of the essay. Restate why the topic is important, review the main points, and review your thesis. You may also want to include a short discussion of more research that should be completed in light of your work.