Economics research paper

From World War II to today, oil prices have risen sharply and have caused multiple major recessions. The Final Paper in this class will focus upon several key events in global economic history that are related to this steep rise in oil prices and what their effects have been.

Focus of the Final Paper 

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In this eight- to- ten page paper (not including the title and reference pages), you will trace several major international economic events beginning with the Bretton Woods Conference of 1944 and ending with the 2008 oil crisis. Provide an explanation of each of the four events listed below, specifically addressing how each event affected international monetary relations, and how each of the four events led to the current high price of oil.

Your paper must include:

  1. An explanation of the Bretton Woods decision of 1944, specifically addressing: (a) the creation of the International Monetary Fund (IMF) and the effects upon international monetary relations and (b) how pegging led to the current high price of oil.
  2. An explanation of the 1971 lift of the pegged status of world currencies, specifically addressing: (a) the end of the Bretton Woods system and the effects upon international monetary relations and (b) how the lift of pegging led to the current high price of oil.
  3. An explanation of the 1973 oil embargo, specifically addressing: (a) the oil embargo’s economic causes and the effects upon international monetary relations and (b) how the 1973 oil embargo led to the current high price of oil.
  4. An explanation of the 2008 oil crisis, specifically addressing: (a) the oil crisis’ economic causes and the effects upon international monetary relations and (b) how the oil crisis led to the current high price of oil.

Research
The paper must include at least five scholarly sources, in addition to the textbook, to support your assertions, and your paper must be formatted according to APA style

Writing the Final PaperThe Final Paper:

  1. Must be eight- to- ten double-spaced pages in length (not including the title and reference pages) and formatted according to APA style as outlined in the approved APA style guide.
  2. Must include a cover page that includes:
     – Title of Paper
     – Student’s Name
     – Course name and number
     – Instructor’s name
     – Date submitted
  3. Must include an introductory paragraph with a succinct thesis statement.
  4. Must address the topic of the paper with critical thought.
  5. Must conclude with a restatement of the thesis and a conclusion paragraph.
  6. Must use at least five scholarly resources
  7. Must use APA style as outlined in the approved APA style guide to document all sources.
  8. Must include, on the final page, a Reference Page that is completed according to APA style as outlined in the approved APA style guide.

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