How to Write Economics Paper


Writing an economics paper is exceedingly unique from studies required for other subjects. The primary objective of this piece is to clarify particular theories and at its core it remains largely technical. It strengthens your analysis by clearly presenting it and emphasizes the brilliance of your research.

Another factor which sets it apart from prose of other disciplines as the lengthiness of the study. That is why you must start on this type of paper as early as possible. Our experts at essaymillsuk provide you some excellent tips for making the task easier to accomplish. By following these tips, you are sure to write a successful economics paper.

Structure

This initial paragraphs will contain the research question, model, and data used in the research. The format does seem a bit mundane, but it gives both reader and writer a clear comprehension of the topic. 

Language pattern

Economic theory has evolved to have much of its roots in mathematics. Especially if you are studying at PHD level, it takes being a mathematician as well. The reason for that is quality research in this field needs mathematics.

Analysis in economics is conducted through models, which represent economic phenomena in a simplified way. Its predictions about the past or future are basically empirical hypotheses. Economic research requires statistics and real-world data to prove the hypothesis.

Gathering and using sources

Two types of sources are used in economic papers: academic literature and empirical data. The latter can be found in articles and books while the former is easy to translate into numerical form. Following are a few examples of secondary sources:

  • Census data
  • Official economic reports
  • Statistical abstract of your country
  • Academic journals

Outline

Think of your outline as a roadmap for your paper. It contains a concise form of everything that is going to be included in your paper. The first of which is the introduction. This section will pose the research problem to the reader. The literature review will follow after.

Once that is done you can move on the methodology or data collection part. Your hypothesis will be formulated here. The last three sections will be the research outcomes, discussion, and conclusion.

Literature Review

It surveys the literary components you used for the research. A literature review is considered the foundation of a scholarly work. The extent of knowledge the writer possesses in the field is evident through it. 

The hypothesis

While presenting the hypothesis, you are required to discuss the approach taken for answering the research question. Discuss the data set and regression type used. The data sources should be mentioned here as well via a table, statistics, or graph.  

Results

The nature of the outcomes depends on two questions: The number of empirical results need to be presented and how should they be presented in the text. It is necessary to focus on the important elements and clarify them as much as possible.

Less is more in this case. It is better to report a brief collection of results than covering every single statistical analysis. All the tables, figures, and graphs you included in the study must be precise. 

Discussion

The key point when discussing results is to rely on analyses and facts. As an economist, its not your responsibility to draw a policy conclusion, even if the research is pointing towards it. 

Referencing

Similar to any other academic work, the referencing here will depend on the preference of your instructor. Generally, for an economics paper, soft references are added to the literature review. Sources are then cited in conventional formats after the conclusion.

Crafting your paper along these recommended guidelines by our proficient writing team, will guarantee you top marks. 

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