Berkeley Economic Review

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Berkeley Economic Review Berkeley Economic Review is the University of California at Berkeley’s premier peer-reviewed, academic economics journal.

Who We Are: Established by the Undergraduate Economics Association at Berkeley, we are a 100% student-run and student-produced nonprofit publication. We were founded in 2016, and we publish online only. What We Do: We publish undergraduate research papers and honors theses in the field of economics, political science, public policy, business, statistics, and related fields. We also accept academic

term papers and class essays, as well as op-eds on our world’s current political economy. All undergraduate students currently enrolled in an accredited four-year college or university are welcome to submit content for review. Disclaimer: The views published in this journal are those of the individual writers or speakers and do not necessarily reflect the position or policy of The Berkeley Economic Review, the Undergraduate Economics Association, or the University of California at Berkeley. Submission Policies

Format: Please format your submission as a Microsoft word document or Latex file. We would prefer submissions single-spaced in size 12, Times New Roman font. Length: Maximum five pages single-spaced for essays or op-eds, not including works cited page(s). No maximum for theses or original research papers. Plagiarism: We maintain a strict zero tolerance policy on plagiarism. According to the University of North Carolina, plagiarism is “the deliberate or reckless representation of another’s words, thoughts, or ideas as one’s own without attribution in connection with submission of academic work, whether graded or otherwise.” For more information about plagiarism – what it is, its consequences, and how to avoid it – please see the UNC’s website: http://writingcenter.unc.edu/handouts/plagiarism/

Citations: Use MLA format for in-text citations and your works cited page. Include a separate works cited page at the end of your work. Send to: [email protected]

Editing Policy

We reserve the right to edit submissions for grammar, clarity, and length. We will NEVER edit for content or ideas, and we will make every effort to contact the author or speaker before publishing an edited or abridged version of his or her original content. Copyright Policy

All authors retain copyright over their original work. No part of our journal, whether text or image, may be used for any purpose other than personal use. For permission to reproduce, modify, or copy materials printed in this journal for anything other than personal use, kindly contact the respective authors.

12/03/2026

High schoolers interested in Economics- this one’s for you!

Submit your work to the Berkeley Economic Review High School Essay Contest for the chance to be published in the magazine of one of the top undergraduate economics journals!

Submit today at: https://econreview.studentorg.berkeley.edu/high-school-essay/

"The great thing about this energy bundle theory is that, when universally adapted, it works great. Each country is free...
18/04/2023

"The great thing about this energy bundle theory is that, when universally adapted, it works great. Each country is free to choose their energy bundle, fast track their economic development and eventually, reach a point where they can start prioritizing renewables and act in the greater good of the global community. Unfortunately, power dynamics and international politics play a crucial role in hindering the universal adoption of this theory." If you're eager to learn more about the hindrances to the global implementation of energy bundles, read our latest article!
https://econreview.berkeley.edu/the-energy-bundle-theory-why-renewable-energy-is-not-the-panacea-for-global-inequality/

"As University of Chicago’s economics department states, mainstream neoclassical-Keynesian economics assumes that 'most ...
13/04/2023

"As University of Chicago’s economics department states, mainstream neoclassical-Keynesian economics assumes that 'most people have well-defined preferences and make well-informed, self-interested decisions based on those preferences.' In other words, people are rational. Yet, substantial empirical evidence exists showing that people can be 'irrational.'"

Interested in behavior and the psychology of economics? Read our newest article!
https://econreview.berkeley.edu/beyond-rational-expectations-alternative-behavioral-approaches-to-economics/

"If borrowing is risky right now, why is consumer debt increasing?Do you ever find yourself overspending? Well, it turns...
20/03/2023

"If borrowing is risky right now, why is consumer debt increasing?

Do you ever find yourself overspending? Well, it turns out you're not the only one. This article uses Behavioral Economics to explore why debt and overspending is so prevalent in today's society.

We’ve all been there: you see something you desperately want—the perfect limited edition designer handbag, an intricate figurine of your favorite anime character, the latest iPhone. When you check your bank account, however, you realize the price is more than what you have right now, so you put ...

“With the optimistic view of the demand for tech products followed by the fear of an impending recession, it is no surpr...
17/03/2023

“With the optimistic view of the demand for tech products followed by the fear of an impending recession, it is no surprise that tech companies are reacting by getting rid of a decent chunk of their workforce.” Interested in the reasons behind the recent tech layoffs? Read our latest article!

https://econreview.berkeley.edu/a-deep-dive-into-the-recent-tech-layoffs/

"Humans behave irrationally; they make irrational choices and do irrational things. With behavioral economics, we can un...
16/03/2023

"Humans behave irrationally; they make irrational choices and do irrational things. With behavioral economics, we can understand why people make these unreasonable choices—or why their most intuitive decisions are often groundless." Ever find yourself puzzling over why humans behave the way they do? I suggest you read our most recent article, then!

https://econreview.berkeley.edu/split-or-quit-the-study-of-behavioral-economics/

"Ukraine has shocked the world and stopped the Russian military in its tracks. But, as of right now, its long term prosp...
16/03/2023

"Ukraine has shocked the world and stopped the Russian military in its tracks. But, as of right now, its long term prospects to withstand Russia’s assault are decidedly less positive." Hungry for information about the Russia-Ukraine conflict and the countries' economies? You better read our latest article!

https://econreview.berkeley.edu/a-tale-of-two-war-economies/

"The economic trajectory of Turkey has less to do with irrational, uninformed economic policy and more to do with power ...
15/03/2023

"The economic trajectory of Turkey has less to do with irrational, uninformed economic policy and more to do with power poisoning — offering us all a potent lesson on the significance of sound institutions and politics for ensuring economic stability." If you're trying to parse through President Recep Tayyip Erdoğan's decision to lower interest rates to combat raging inflation, read our latest article to learn more!

https://econreview.berkeley.edu/elections-earthquakes-and-erdoganomics-the-political-economy-of-erdogans-war-on-inflation/

"Instead of viewing Amtrak as a money-maker, what if we instead looked towards Amtrak’s ability to connect communities, ...
14/03/2023

"Instead of viewing Amtrak as a money-maker, what if we instead looked towards Amtrak’s ability to connect communities, and boost local economies through both business and leisure travel? What if we recognized the power of rail as a better driver for socioeconomic mobility compared to automobile travel, creating new opportunities for employment and education? What if we acknowledged the myriad of environmental benefits of Amtrak’s train services, from lower carbon emissions to taking up fewer precious urban and natural spaces?" If you're interested in the debate about the necessity of the Amtrak, read our latest article!
https://econreview.berkeley.edu/amtrak-future-of-american-transit-or-failed-experiment/

"Unless democratic governance is reinstated via a People’s Defense Force victory or, at the very least, competent junta ...
13/03/2023

"Unless democratic governance is reinstated via a People’s Defense Force victory or, at the very least, competent junta rule begins, Myanmar’s economy will likely experience volatility, inflation, and worsening exchange rates in the short run." Read our latest article to learn more about the Burmese economy and the o***m boom!

https://econreview.berkeley.edu/the-burmese-economic-burst-and-o***m-boom/

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What is BER?

Who We Are: Berkeley Economic Review is the University of California at Berkeley’s premier undergraduate, peer-reviewed, academic economics journal. Founded in 2016, we are a 100% student-run and student-produced nonprofit publication. Our publications have expanded from our original undergraduate economic research journal to now a printed magazine as well.

What We Do: We publish undergraduate research papers and honors theses in the field of economics, political science, public policy, business, statistics, and related fields. We also accept academic term papers, class essays, policy briefs, and op-eds. All undergraduate students currently enrolled in an accredited four-year college or university are welcome to submit content for review.

Mission Statement: In Berkeley Economic Review we envision a platform for the recognition of quality undergraduate research and writing. Our organization exists to provide a forum for students to voice their views on current economic issues and ultimately to foster a community of aspiring economists.

(Disclaimer: The views published in our journal and magazine are those of the individual authors or speakers and do not necessarily reflect the position or policy of Berkeley Economic Review staff, the UC Berkeley Economics Department and faculty, or the University of California, Berkeley in general. ) Interested in having us publish your work? Find out how at https://econreview.berkeley.edu/submit/