The document provides guidance on writing an argumentative essay on microeconomics, including outlining the essay into introduction, body paragraphs, and conclusion sections; supporting arguments with evidence; and considering opposing viewpoints. It also gives tips on choosing a topic, crafting a thesis statement, and includes potential topics, statements, facts, and references to use. The overall document offers a comprehensive guide to developing an argumentative essay on microeconomics.

1. COMPLETE GUIDE ON
WRITING AN
ARGUMENTATIVE ESSAY
ON MICROECONOMICS

2. BASIC RULES FOR WRITING AN ARGUMENTATIVE
ESSAY ON MICROECONOMICS
Start with putting together an outline of the argumentative paper that
consists of four main sections: Introduction, First Body (Your Arguments), Second
Body (Opponent’s Arguments), Conclusion.
Provide a “hook” in the first two-three lines of the intro to capture the
attention of the reader, making him/her sure that your essay is worth checking
out.
At the end of the intro section, make a statement that shows that you’ve made
a stance on the argument. Provide the claims that you will be discussing later in
the essay.
Craft the 1st part of the main body. Focus yourself on the arguments that you’re
going to make related to the topic. Support them with evidence and sources
agreeable with your claims.
Compose the 2nd part of the main body. An argumentative essay is about
having a debate with your opponent – do it here. Perceive the viewpoints of your
opponents and support them by substantial evidence.
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3. 5 MUST-FOLLOW RULES FOR CREATING AN
ARGUMENTATIVE ESSAY ON MICROECONOMICS
Analyze and state how over the centuries microeconomics has expanded
and mention that it’s almost impossible for a particular individual to become an
expert in all aspects of it.
Narrow down your topic to explore it in narrow portions and explain why the
terms “microeconomic” and “macroeconomics” are separated.
Never separate microeconomics from politics, law, public opinion,
regulations and government policies. These issues will have an effect on the
achievement of your goals and their interpretation in the project.
Mention Kahneman as one of the first scientists to make experiments on rats
to find out whether the economic theories are applicable to humans. See if his
doctrines are being applied nowadays.
Conclude the paper with the statement on the importance of your issue, and
how your statement can be implemented to improve the world of
microeconomics. Give a picture of the world now and later, when your changes
are implemented.
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4. 1. An Argumentative Essay on the Microeconomic Market Structures
2. How Do Different Microeconomic Market Structures Affect Supply?
3. The Impact of Labor Market and the Labor Union on Supply and
Demand
4. How Does Consumer Purchasing Ability Affect Pricing System?
5. The Use of Advertising in Microeconomics and How it Affects
Customer’s Decisions
6. The Benefits of Creativity and its Significance to Lead a Company to
Success
7. The Advertising Problems Leading to a Company’s Demise
7+ TOPICS FOR WRITING AN ARGUMENTATIVE ESSAY ON
MICROECONOMICS
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5. 5 IDEAS FOR THESIS STATEMENTS FOR AN
ARGUMENTATIVE ESSAY ON MICROECONOMICS
01
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General Motors is a famous automobile manufacturing corporation that was
successful for one hundred years. Why did it collapse at the beginning of
the 21st Century? To get a better idea of it, let’s learn about the problems
General Motors faced.
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The world still runs on fossil fuels. However, the actual demand points in other
directions. Go into how much individuals seem enamored of oil and gas based
on their current spending patterns and why.
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More people begin to source news information online. The era of newspapers
has almost died off mainly because the same information can be taken from
various sources on the web. Are newspapers still perfect competitors to the
world wide web?
04
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Political figures have examined a range of health care systems in the
developed countries and have highlighted the advantages and disadvantages
of privatized health care over public.
05.
The healthcare reform is the law of the land. Whether you’re rich, poor or in-
between, you’ll be affected in some way. The new cost of health case may
change the amount of tax you pay in several ways.

6. 5+ INTERESTING FACTS FOR AN ARGUMENTATIVE ESSAY
ON MICROECONOMICS
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In 1776, Adam Smith wrote a book on microeconomics “An Inquiry into the
Nature and Causes of the Wealth of Nations” to describe an efficient way of
limited resources distributing an economic system of unfettered pursuit of self-
interest.
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There are two types of economic thoughts that are classified as positive
economics and normative economics. Positive economics describes actor’s
goals, and aims, along with what is being done; whereas, normative
economics explains what should be done.
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Education plays a vital role in enhancing the growth of microeconomics. When
President Lincoln passed the Morrill Act in 1861, it allowed the working class
to obtain higher education.
04.
Microeconomic models that are abstractions from reality are built upon
assumptions. But these models allow individuals to gather information by
analyzing real world events, and timelines.
05
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Contrary to popular belief, natural forces are not the only factor that influences
the climate. Microeconomics plays critical role in this. Due to the greenhouse
concentrated gasses – such as carbon dioxide and methane – surface
temperatures on the Earth increases.
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7. 1. David Besanko, Ronald R. Braeutigam, (2011) “Microeconomics, 4th
Edition” – John Wiley and Sons, Inc.
http://econ.tu.ac.th/archan/supawat/EE311/2.%20%5bDavid_Besanko,_R
onald_Braeutigam,_Ronald_R._Braeu.pdf
2. Libby Rittenberg, Timothy Tregarthen, Untitled Document – Saylor.org
https://ocw.mit.edu/ans7870/14/14.01SC/MIT14_01SCF11_rttext.pdf
3. Hugh Gravelle, Ray Rees (2004) “Microeconomics, 3rd Edition” –
Pearson Education Limited.
https://ignorelist.files.wordpress.com/2012/01/microeconomics-gravelle-
and-rees.pdf
4. Gilpin, Alan. (2000). Environmental Economics: A Critical Overview.
Chichester, UK: John Wiley & Sons.
5. Pearson, Charles S. (2000). Economics and the Global Environment.
Cambridge, UK: Cambridge University Press.
6. Baumol, W. J., & Blinder, A. S. (2015). Microeconomics: Principles and
policy. Cengage Learning.
7. Bowles, S. (2009). Microeconomics: behavior, institutions, and evolution.
Princeton University Press.
REFERENCES:

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