How To Write An Economics Paper: Writing Suggestions
An economic analysis paper is a research where a student discusses with the audience the economic-related issues. The matters of interest for economics analysis are the influence of the economy, the productivity items, income, cost-effective technologies, investment, cost-saving, sub-accounts, etc. cover. The research illuminates the results of a multi-attribute analysis or statistical data, which are uncertain and require estimation.
Economic Analysis Paper: Definition and Types
Depending on the subject of discussion, an economic analysis paper has several types:
- theoretical (includes diagrams and mathematical exercise to observe the economic tendency; requires strong mathematical experience and analyzing skills);
- a literature review (determines the connection of the published economics articles; demands extensive reading and competence in analyzing);
- empirical (bases on the statistic data and econometrics to reply to an economic question being a unification of a literature review and theoretical part);
- an issue paper (describes the economic tendencies providing the supporting economic facts in the form of graphs);
- a case note (covers the investigating of juridical issues, legality, and subsequent economic behavior in the future representing the data).
As you can see, these types are different by their meaning and difficulty level. Selecting a topic that is up your alley is vital. To do some preliminary reading before choosing a subject of your economic discussion to write a well-focused assignment makes sense. As soon as you find the feasible one, you can start the research question formulating.
Economy Essay Structure
Here is a moderate template to write an economics essay. You can adjust it according to the type of work that you have chosen.
Start from the Introduction part. It must necessarily include a thesis statement: a question, a fact, that you intend to explore and prove. Explain to the readers the relevance of the topic and why it is of interest to the audience. Draw a brief representation of what you will speak about in your paper.
The number of body chapters and their subparts may vary depending on the complexity of the paper. Observe the facts that you base on in your theory. These will indicate your approaching methods. Also, provide the economic model and its field of usage, outline that your way of thinking is economically grounded.
Body paragraphs must include the data with statistics summarizing. Interpret your research based on the diagrams, charts, tables using various methods such as introduction to econometrics, benefit-cost analysis, etc. Use the prime graphic examples only for a precise understanding of your theory.
In the conclusion part, you should observe the findings and prove that it is different from the provided sources. Confirm your thesis statement settled at the beginning of your work and draw the developing perspectives without retelling the things said above.
References should include the sources used in your paper. Mention the most credible ones only following the documentation style. Exclude open online encyclopedias due to their expediency for the economics paper.
Useful Writing Tips
Writing an outline according to the basic structure is the most efficient way to put your thoughts in order and create a logical chain of discussion. As soon as you finish your work with the chapters, dedicate the time to the formatting requirements.
Check out the graphic materials and tables, numerate and title them, mentioning the data source at the bottom of the graphics. They can be placed either inside of the paragraphs or in a separate chapter (appendix). You can draw them accurately by hand or use an appropriate computer program.
Always check your work for grammatical, punctuation, stylistic errors. The phrases and text fragments should be logically chained and contain maximum sense. Give your paper for reading to another person too. Sometimes it helps to detect the mistakes that an author omits.
Citation Style in Economical Essay
Citation for papers in economics is appropriate each time when you use or mention someone’s thoughts. They must follow the Chicago Manual of Style. You can read about it in the library or the economic books. It is of crucial significance. Failure in citing is identical to plagiarism and leads to academic dishonesty procedures.
Extensive usage of such phrases as «according to…», «considering…», «the provided facts…» is highly recommended. These relate to the general citation. If you use direct speech, add the quotation marks, citing the source correctly with the page number.
Exclude long citations with more than two sentences. Lengthy fundamental theories do not require citing entirely, but you can explain it by the phrase «common knowledge.» Omit the source if you use background information only without inserting any idea from it. Perhaps, adding a sentence called a footnote would be pointful to highlight the source.
Most citations require mentioning the name of the author and the year of publication. The notable fact is that economic journals do not always follow the Chicago Manual of Style. You must maintain the generally accepted standards in economics. Add to the reference list each work or the incomplete information from it, which you mention in your essay.