24 Hour Customer Service:

Call for a quote line:

Macroeconomics Variables of Oil Prices

A macroeconomic variables of oil prices research paper explores the macroeconomic variables that cause oil prices to rise and fall. The research paper demonstrates that there are a number of reasons why these macroeconomic variables can only be delineated with considerable difficulty. First of all, the majority of studies have focused on the macroeconomic effects of oil price changes, rather than on the macroeconomic causes of such changes. Macroeconomics Variables of Oil PricesMoreover, despite intense research on oil prices, particularly within the last 30 years, certain misperceptions remain widespread and radical disagreements persist among economists over several fundamental variables that affect the price of oil. Moreover, and perhaps more importantly, the major causes of shifting oil prices in recent decades have not been purely macroeconomic: oil prices have more often risen and fallen in response to political instability and other non-economic variables than because of macroeconomic conditions.

Determining the macroeconomic causes of changes in oil prices is made difficult by the fact that most economic research papers on oil prices consider oil as a major input in global economics performance. As such, the emphasis is on the impact of oil prices on macroeconomic performance—on how “movements in the price of oil … drive the economy”, instead of on the macroeconomic factors that determine oil prices. Moreover, particularly since the oil price shock of 1973-4, economists and other researched have been engaged in intense, unresolved debates regarding such fundamental issues as the relationship between the U.S. energy sector and national income. Seemingly solid empirical investigations of the connections between oil prices, oil consumption, and real economic output have generated radically divergent results.

Related Research Paper Topics

Collapse of the Thai Baht - Collapse of the Thai Baht provide many lessons for those interested in foreign financial matters.

Impact of Oil Prices on U.S. Economy Research Papers look at the rapid increase of rising rates of inflation on oil during the 1970's and 1980's.

Economics of Oil Prices - Economics of Oil Prices Research Papers are custom written on many aspects of oil prices.

Optimal U.S. Energy Policy - Optimal U.S. Energy Policy Research Papers look at an example of how to order a research paper that requires you to make a set of policy proposals.

Pipeline Politics and Iran - Pipeline Politics and Iran Research Papers discuss how to order a political science research paper with giving detailed instructions on format and content.

Resource Wars - Resource Wars research papers discuss the book, written by Michael T. Klare, about how irreplaceable natural resources are becoming scarce.

Industry Impacted by the Macro Economy - Industry Impacted by the Macro Economy Research Papers delve into an order placed for multiple papers dealing with the same subject with specific requirements for each paper.

Gold Mining Industry - Gold Mining Industry research papers look at a sample of an order placed on a graduate project in international financial markets.

Oil and Lebanon - Oil prices have served as the economic force that has allowed the nations of the Middle East to participate in the world economy.

U.S. Dependence on Foreign Oil research papers discuss the decrease in the amount of oil the United States currently imports from OPEC nations.

Oil and Iran - Iran became one of the founding members of OPEC in 1960, but the organization was not effective in controlling the price of oil until the early 1970s.

Iran and the Cold War - In fact, during a major portion of the Cold War, Iran had significant control of its own political and economic environments because of its role as an OPEC nation.

Classical Economic Model Research Papers are based on Keynesian economics.

The Microeconomics Article Summary research papers take a vast amount of time to outline and write.