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Guidelines for Research in Economics


Reaching new things and initiating a creative work in the sciences is the main motivation for any research work. There are two types of utility-based research. Basic or optical exploration and practical or applied research. Basic or optical exploration is one that adds to existing knowledge. Applied research is based on finding solutions to problems in the field of practice. Astronomy is one of the major branches of social studies in which the economic activities of an individual or society are studied objectively. This study can be done both theoretically and empirically. Theoretically derived results are tested on experiments. And the results of experimental or practical activities are accepted as a general rule upon further examination. Because these results depend on individual activities, the utility of these results is limited. Because economic activities vary from person to person. In this case, a theory is formulated to base the economic activities of the majority, which is repeatedly tested on practical complications over time. A new theory is formed in view of old experiences and new problems.

This is a complex but very important task. The importance, the need and the complexity of this work increase the importance of researchers in economics. Economic Theory is the process of understanding economics in the context of transformative factors, and these factors, causes and effects (Cause). and effect variables are variable. Theory provides an analytical framework, such as demand and commodity supply, capital and expenditure, arrival and use or import and export. In this framework real-world complexities are eliminated. The assumption based on the theory is tested. Parameter is determined using statistical techniques and the economic scenario is set in view of the alternatives available through economic policy. Parties that affect the economy of the country ( Economic agents' interactions with economic strategies are analyzed in terms of the proposed models of game theory. Taxes, expenditures, wealth distribution, trade, environment, wages, public policy on the financial market, research and development affect the allocation of resources at both the domestic and public levels. Through economic research, it is possible to find out how different components of the economy are able to achieve their goals within the given limits, and through this research the most appropriate sources of resources for social welfare. A distribution case can be discovered.


The following points should be kept in mind when doing research in economics. A) Select a topic and give evidence to support why research on this topic is necessary. B) Find out why before this topic. Has the work been published for which you will have to review various writings, magazines, books, reports, papers and processing. Determine how research is structured.
C) Based on a thorough review of the theoretical, analytical and practical methods, set your style research for the proposed topic. D) Create a clear outline of the research questions. Write a thesis based on the theory and evaluate the hypothesis on practical grounds through the information available. A) Use the secondary and supplemental information with the necessary and essential information. Focus on crossection surveys and time series in secondary information.
C) Explain the current study's findings from your research. Guess what can be achieved and what is expected with this research.
E) Explain the clear results.
Research purposes and assumptions Hypothesis
Objectives are very important for research. Microeconomics generally aims at maximizing profits or savings for any firm that focuses on developing products efficiently. Increasing revenue and remaining competitive in the competitive market are important trademarks. Profitability and prosperity are the goals of domestic entities. A researcher is interested in how these economic units play a role in achieving their goals (succeeding or failing) in terms of time and place.

Macro-economics, on the other hand, has long-term economic growth, its decisive role-playing units, technological advances, as well as short-term problems such as overall production decline, job loss, inflation, interest rates, wages Deals with major topics such as exchange rates, wealth and debt, international trade. How to increase economic growth rate, how to reduce inflation and how to increase employment and how to increase employment, how to make demand sustainable and how to balance the budget. To do this, these and other similar questions are macroeconomics.

Research objectives must be very specific. These objectives should be clearly stated. With the argument it is important to clarify what the research needs and the importance of this topic. And what could be new under this topic. In the light of these research objectives, Hypothesis should be developed, which is evaluated based on the available information, then either accepted or accepted.


Research Methods in Economics
There are two types of economic research.
(2) Theoretical Research
(2) Applied Research Applied Research
Graphs, equations and logical statements are part of the theoretical assumption. Micro and macroeconomic models, finance engineering, ecology, commerce, general finance In these fields, consumer and producer activity is considered through the study of additional clauses of micro and macroeconomic models, as well as the products and services in the market. The prices for other units of production are fixed.
Applied research is the work of synthesizing information in a consistent and systematic way. Here the research can be changed with the techniques used in data analysis. There are four types of this type of research. (2) Statistical and economic analysis (2) Equation system measurement and estimation (2) Analytical based strategy (2) Experimental analysis. There are often several topics covered for exploration in applied economics. After the Literature Review, theoretical analysis is done, then a statistical, computational exercise is performed. The model should be as accurate and simple as possible.
Guidelines for experimental research:
2. Assumption Creation:
It is made with realistic goals in mind, and economic variables are also taken into account under exploration. For researchers in the field of astronomy, the following variables must be kept in mind.
(A) sketches of the total economy:
2. Development resources
2. Total factor production
2. Development, inequality and the environment
2. Dimension models or business cycles
2. Deployment of consumption, savings, investment, imports and exports, employment
2. Inflation and unemployment
2. Interest rates, exchange rates, inflation, trade balance
2. Deposit extension and credit
(B) Partial Economy Sketches:
2. Demand for goods (essential, luxury or general goods), durable or perishable goods.
2. Cost of production of some goods (car, ship, computer, television, electronic equipment, machines)
2. Market price of some commodities (rice, wheat, millet, millet, meat and other livestock products)
2. Profit (income of certain companies, etc.)
2. Rate wages, capital rates, livelihoods, staff salaries (job satisfaction and performance)
2. Market structure (perfect competition, monopoly, few monopoly, moderate monopoly)
2. Foreign direct investment
2. Rights advocacy, authorization, integration and custody, the ratio of economies of scale to centrality
2. Research and development, modern management consciousness, modern business outline.
2. Ability and welfare
(C) trade, wages and prices
(D) public finances
2. Determination of costs and expenditures
2. Budget deficit, public debt
(H) Environment
2. Sources of pollution
2. Global warming
(V) supply of jobs and labor market
2. Labor supply
2. Number of workers
2. Unemployment and migration
2. Number of workers and population
(E) Taxes
2. Excellent proposal, fixed profit, financial asset return
2. Commodity prices, bonds
2. Foreign exchange, buying and selling of goods
(E) economic development
2. Investment and development
2. Human Investment and its Recovery
2. Structure change
2. Extra working class estimates
2. Gini Coefficient.
2. Data Preparation:
Hypothesis can be obtained from non-standard data surveys or standard secondary surveys.
2. Estimation and interpretation of results:
(A) adjusted equations based on the specified Hypothesis.
B) Analyze the factors based on the data obtained above.
C) Evaluate the properties of the estimation. Do they have the required factors? Are they important? What do they mean?
D) Evaluate the potential prices and evaluate how reliable the current estimates are and how much they can vary depending on the given parameters.
E) Compare empirical results and theoritical values ​​and explain the truth.
Based on these studies, draw conclusions about the model's identity and reality.
(E) Consider the possibility of improving the model based on studies.
The full article should be written in the following order.

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