Part 1 Flashcards
Define research
Research is the systematic approach to obtain and confirme new valuable knowledge
(Ethridge, 2004)
Interms of characteristics
a research should be _______ and ________
Systematic and orderly
What is the purpose of any research
Contribution/ value-added in terms of topic, time period; sample; methods
What is the characteristics of the steps in any economic research?
Logical and sequential
Justify the statement
Research is not accidental Discovery
Research is a structured process that follows a number of sequential and logical steps
Justify the statement
Research is not only that data collection
Collection is an intermediate step to gain reliable knowledge
Justify the statement
Research is not only Searching out published research result in libraries
The research process always includes synthesis and analysis
Research is about
Searching for explanation of events, relationshipa and causes
Research is said to be a creative process that is
Planned and managed to make the information generated credible
Give an example on theoretical research
- Expedentiure theory of Keynes
- Market equilibrium model
- Quantitative theory of money
- IS-LM model
- Hecksher-Ohlin theory
What lays the theoretical foundation of to the economic science?
Theoretical research
Theoretical Research relies on
Building a theoretical model based on a series of behavioural assumptions of economic entities
What does applied research attempt to do?
Solve a particular problem in real life
What type of research has a direct application to policy making?
Applied research
What type of research can provide an estimate for economic parameters
Applied research
Applied research can be used to _________ the theory
Validate
Can be used to test the relative effectiveness of monetary and fiscal policies on output growth
What are the steps of the research process?
- identify research area
- narrow it down to a specific phenomenon and develop a relevant research question
- literature review/determining hypothesis
- identify appropriate methodology 5. collect data
- analyze data/ test hypothesis
- report and interpret the results
What are the steps that can be followed to select a topic research
- identify main research area
- narrow it down to a more specific topic
- formulate research question
What are the basis of choice for general topic?
- Social problems in your society
- personally interests
- journal of economic literature classification system
Examples of general problem could be unemployment, economic growth, pollution, poverty, inflation, fiscal policy
T or F
General general problems can be addressed in individual papers
True it’s true the statement is true
After selecting a general topic what is the next step
Narrowing down the general topic to a specific topic
What is the next step after narrowing down the general topic
Formulating a research question
How to select a research question?
- Start reading the literature
- Select research question from the gaps in the literature
What should the conclusion of any article include
Should include the list of weaknesses and areas for further study
Good research Questions should have
- Expresss a relationship between two or more variables
- Be specific and clear
- Reflected in the title of the paper
- Time frame
What is the potential impact of a Free Trade Agreement with the EU on the Egyptian Textile Industry during the period…………..?
