How To Write Economics Research Paper

How to Write Economics Research Paper

how to write economics research paperAre you a student undertaking economics either in university or college? Then you know that economics is the study of efficient allocation of limited resources to optimally produce goods and services. Economics has two broad branches that include microeconomics and macroeconomics. Economics students study the two branches at different levels as their concepts are interrelated. During your Economics class you will be required to write microeconomics essays, research papers and case studies. Similarly you will be required to write macroeconomic essays, research papers and case studies. Our expert macroeconomics assignment help experts will give you invaluable tips on how to write effective economics papers to garner maximum points.

In writing an economics research paper, you’re expected to demonstrate your academic knowledge on your subject. Your readers (professor or research committee) will be evaluating your ability to craft questions based on economic logic. Also in scrutiny will be your ability to critically analyze literature, and your ability to sort out empirical issues when they arise.

Your paper should demonstrate that you’re more analytical, sophisticated and knowledgeable about economics than, for instance, a New York Times editorial writer.

To write an effective economics research paper, you should provide evidence, cite sources, and clarify economic trade-offs. Your paper should also include methods of constrained optimizations and statistical analysis which is a core part of economics as a science.

Where do I start when writing an economics research paper?

Start with research

The research process is a critical first step. Research will help you:

  1. Developing a deeper and wider understanding of your subject
  2. Generating ideas for your paper
  3. Developing your thesis statement
  4. Articulating your ideas with authority

Gather relevant materials and start reviewing them. Here is a list of information sources:

  • Books and periodicals
  • Google scholar
  • Online almanacs, databases, and encyclopedias
  • Newspapers
  • Government reports, guides, and publications

As you sift through information, take notes and keep track of the reference materials so that you can cite them later in your paper.

Organize before writing: Now that your research has yielded tons of idea, you should start to logically organize your presentation. Without this important process, your research paper will lack focus and your thoughts will be jumbled.

Types of Economics Research Papers


Theoretical papers are a great option when you can’t find reliable data or when data is unreliable. This type of papers make practical assumptions about the actors involved, the environment and then make a prediction of what will ‘theoretically’ happen in case the factors described by the research question came true.


Empirical papers are an excellent choice when relevant data is available. Empirical papers use collected data to make conclusion.

Empirical + Theoretical

Empirical + theoretical papers make assumptions and then use data to approve or disprove those assumptions.

Thesis Statement

A thesis statement is a brief summarization of the key point of your essay and a preview of the supporting points. The thesis statement is a critical feature of your paper as it guides readers on the direction your paper will take – from the main idea to supporting points.


An outline will help you articulate your thoughts in a coherent and logical manner. Once you’ve come up with a thesis statement, the next step is crafting an outline of the main points that support your thesis. Have the main points as your subheadings. You should then organize all your information under subheadings.

Information that doesn’t fit into your outline, however interesting you find it, won’t add value to your paper. Keep your focus on your thesis and leave out anything that’s irrelevant.

Writing an effective research paper

Once you’ve developed a thesis statement and organized an outline, you’ll now have a clear direction on how to write your paper.

Elements of a Good Economics Research Paper:


An introduction presents the background and the context of your paper. Engage your reader by starting with a strong opening sentence. Writing academic papers doesn’t mean writing in dry and boring prose.

Your introduction should answer the following questions:

  1. What is the paper about?
  2. Why should I read it?
  3. What steps do you want me to take?

Here is how to answer the questions:

  1. Set context – Provide information about your main idea. Help the reader make sense of your topic and your claims.
  2. State your main idea and why you think it’s important – Explain to your readers why they should read and care about your paper. Create a clear and compelling essay that gets people to read and act on its findings.
  3. State you claim – compose a brief statement that states your position.


Your outlines will come in handy at this stage. However, your writing should not be limited to the outline – an outline is a guideline to keep you focused. Be open-minded but remain focused on your thesis statement and in articulating supporting points.

Apply the rule of three. Craft supporting arguments for your points, start with a strong point, followed by an even stronger point, and then close with the strongest point.

Here are more tips on how to write your body:

Data overview: Outline the data you’ve used, point out its source, denote its strengths and weaknesses and the time frame under which it was collected.

Literature Review: Chances are, the questions you’re exploring are not new. Give a brief summary and analysis of other works in your area of focus and how they relate to your work.


It’s at this point that you wrap up your presentation. Most research papers end with a restatement of the thesis statement. Present a reword of your thesis statement. Briefly explain how your points support your argument. If there are gaps in your research, point out what needs to be researched further.

Revise your research essay paper draft.

Revising your paper takes more than just fixing typos. Here is a checklist of what you need to do:

Developmental Editing

  • What’s your thesis statement? Is clear? Is it concise?
  • Does the paper flow logically from beginning to end?
  • Do the paragraphs follow a logical sequence?
  • Are your ideas detailed and concrete?
  • Is your thesis statement fully supported by your arguments?
  • Have you cited all your sources?
  • Are any of your ideas repeated?

Line edit

  • How is your language? Is it clear? Is it specific?
  • Does your narrative flow smoothly and clearly from sentence to sentence?
  • Are their filler phrases and words that need to be cleared?
  • Is your grammar, spelling, and punctuation on point?

Writing a research paper is a lot of work, but it if you follow the suggestions above, it can be can enjoyable and rewarding process.

Buy Economics Essays from Professional Economics Essay Writing Service

Are you looking for expert writing help for economics essays? our expert economics paper writers have proven experience in writing both macroeconomics and microeconomics papers at all levels. Writing economics paper is a simple exercise if you posses excellent research and writing skills. Sometimes you will need to use your data analysis skills, more so when testing theories using empirical data. You also need to be conversant with economics theory and their applications. Don’t struggle writing your economics essays, homework, assignments, research papers and dissertation papers. Hire our economics paper writers and experience the difference in your grade.

See economics essay example: Sample Essay: US Economic Shutdown In 2019

Statistics Major Job Opportunities

Why Study A Major In Statistics?

Hot Careers and Future Job Outlook for Statisticians

statistics major job opportunitiesIf you’re a data geek, you’re assured of job security, at least for the next one decade. For the last 15 years, there has been an increasing demand for statisticians. According to BLS (The Bureau of Labor Statistics), this growth is not about to relent.

BLS projects that from 2016 to 2026, employment for statisticians will grow by 34%. This is huge compared to the 28% growth in mathematical science occupations and 7% in all occupations. Statistician’s rank 9Th on the list prepared by Labor department of 20 fastest growing occupations.

Out of the 10 jobs BLS forecasts to grow fastest in the next decade, it’s only app developer and statistician that are not in the healthcare field.

What is fueling the growth?

There is a growing appreciation of statistics – The science of gleaning insights from data, and measuring, understanding, and controlling uncertainty – by governments, nonprofit organizations and businesses.

With the web and the ever-growing computing power, the world is producing more and more data that can be used to generate scientific and business insights. This increased availability of data is fueling the need for more data geeks – numbers won’t crunch themselves.

By 2025, IDC, a research firm, expects the amount of data created yearly to be 10 times more than the data created in 2016. That makes ‘statistical analysis and data analysis’ one of the hottest skills to have. And according to Linkedin, it’s the second most important skill that employers are looking for in 2018.

Increasing wages

The huge demand for data experts has led to a surge in wages for statisticians. Based on BLS data, between 2000 and 2014, statisticians’ mean wage grew by 12%. For most workers, wages in this period either dropped or stagnated.

By 2016, the median annual income for statisticians was $80,000, and it’s growing. Students are noticing. Between 2015 and 2016, the number of undergraduates in the US majoring in statistics rose by 19%. But according to American Statistical Association, the rise is hardly enough to meet employer’s demand.

Expanding university statistics programs

Universities are also responding to the increasing demand for data experts by expanding their statistics programs. Between 2003 and 2014, the number of universities offering degrees in statistics went up by 50% for undergraduate programs, and 20% percent for masters programs. There was an even bigger growth in master’s and doctorate programs, between 2000 and 2014, the number of programs increased by 160% and 130% respectively.

Also, several universities, for instance, the University of Washington, Kennesaw State University, the University of Michigan, the University of California, and the University of Washington, have now established Data Science programs.

Hot Career Opportunities For Statisticians

The job growth for statisticians is impressive, but still, it under reports the number of opportunities available to data experts. Jobs such as market research analyst, data scientist, and actuary, demand proficiency in statistics. Hundreds of thousands of statisticians work in this jobs.

Here is a list of career opportunities in statistics

Market Research Analyst

Market research analysts use specialized software to analyze ‘market data’. They gather and break down complex data on consumers, competitors, and market conditions. Their role is to take difficult data sets and translate them into easily understandable graphs, tables, and reports that can be used by people with little expertise in statistics.

Data comes from a myriad of areas, including interviews, web analytics, surveys, and literature reviews. To become an analyst, you need a bachelor’s degree, but some positions require a master degree.


A statistician’s job is to prevent inaccuracy in the interpretation of data. Statisticians design surveys, experiments, and questions. They then gather data through various methods for analysis and observation. After careful analysis, they present findings in an easily understandable form. Statisticians also explore new ways of collecting data.

Thanks to the massive amount of data that’s now available to organizations, there is an ever-growing need for statisticians.

Brand Optimization Analysts

Like all statistics-driven careers, brand optimization analysts study data and examine trends. Once they’ve noted trends, analysts suggest changes to business goals and develop strategies to maximize the reach of their brands.

To get into this career, you need a bachelor’s in finance, mathematics, marketing, economics, statistics or computer science.

Operations research analyst

list of careers in statisticsOperation research analysis taps into information from every aspect a business: sales data, customer feedback, web analytics, and computer databases. The analysts then use statistical tools to analyze this information and craft solutions for key decision makers.

A collaboration between the management team and operation research analysts is key to keeping a business profitable and functional. At the entry level, you can get in with a bachelor’s, but senior positions require a master’s degree.

Data Scientist

Data scientists dig through data looking for trends that point to the ‘next big thing.’ To become a data scientist, you need data gathering and analysis skills. Businesses use data science to develop and launch new offerings.

To get into this career, you need a bachelor’s degree, in math, statistics, physics, engineering, or computer science.

Financial analyst

Financial analysts focus on evaluating of past and present financial data. They look into business and economic trends and work with company officials to project the company’s financial future. Analysts typically specialize in industries, types of products or world regions.

To get into an advanced position, you need a master’s degree, but there are opportunities even you have a bachelor’s degree.


data analysis helpA biometrician’s job is to study trends that point to the probability of phenomena or specific conditions occurring. Their findings bolster quality control in field projects as they allow colleagues to anticipate and plan for various scenarios.

To become a biometrician, you need a master’s degree in zoology, wildlife biology, ecology or statistics.

Data scientist or statisticians combine math skills and excellent computer skills to gather and analyze data, with which they craft accurate and insightful reports that businesses use to develop plans and achieve goals. Employment opportunities are plentiful in multiple industries, providing data experts with lucrative, challenging and rewarding careers.

Did you know that expert writing help offers SPSS data analysis help for dissertation to students in need of statistician. Enhance your employ-ability by proving to prospective employers that you possess excellent quantitative skills. Our statisticians will assist you write methodology section for your dissertation, thesis or research paper.

Moreover, expert writing help is the website to run to in case you require data analysis assignment help or  any other form of academic writing service

How to Write Financial Management Research Papers

financial management paper writerResearch paper writing is undoubtedly a daunting task for many college students. And finance is not the “softest” area when it comes to writing research papers. Developing a research paper in literature or anthropology can be challenging in certain ways. But when it comes to areas such as financial management, things can get quite complicated. Financial management covers various topics that are very hard to understand. That’s the reason most students might feel intimidated by the prospect of writing a research paper in this area of study. Hopefully, the following guide on how to write financial management research papers helps.

Financial Management Research Writing is Technical Writing:  Before you read further, understand that writing a research paper in financial management is like writing any other type of research paper. While the degree of complexity of the content involved may vary with disciplines, the basic structure remains the same. However, the subject uses technical terminology and jargon that make researching it difficult. You must first understand the “language of finance” to write successfully.

Where Do I Begin?Start Reading: Starting is most often the hardest part. Whatever happens, do not allow yourself to get stuck. Use online resources such as websites, books, databases, and peer-reviewed journals to analyze relevant literature. Avoid sites whose authenticity you are not confident about. Keep an eye on extensions to domain names. You are all right using .gov, .edu, .org(for non-profits), and a few select .com sites.  To be successful at this stage, you need to have excellent comprehension skills. You should be able to sift through the massive content in front of you and get a sense of what matters most. Take notes. Start collecting sources.

How to Write Financial Management Research Papers: Choose Your Topic

The reading you did should provide you with a topic you can manage. So, decide the specific topic your financial management research paper will focus on. Go for an issue that challenges and interests you. Also, it needs to be an area your faculty members would find valuable. Always have your teacher approve your topic before you start working on it. In most cases, you may have to prepare a research proposal. Doing that saves you time and helps you avoid unnecessary stress down the road.

The Narrower the Topic, the More Focused Your Research: Studying a broad topic comes with various challenges. If your area of interest is too broad, you cannot thoroughly examine the topic. It is best to select an aspect of a financial management area and focus all your mental energy on it.

For example: Assume your broader research paper topic is “Risk Management: Goldman Sachs.” In this case, you can consider handling a narrower aspect like operational risk. Your new topic would now be “Operational Risk Management at Goldman Sachs.” Your study gets super focused with a narrower topic area. Generally, the narrower the topic, the easier developing it becomes.

Topic ideas and the topic types to avoid: Unless you are super confident about every possible financial management topic, avoid:

  • Topics that appear to be too technical
  • Topics that seem too specialized
  • Topics about which you can’t seem to find enough source materials and data

A few Suggested Research Areas

Here are some financial management topic areas you can consider:

  • Risk management: This is concerned with how organizations manage unforeseen events and how to minimize their impact on organizational performance. Types of risks include financial risk, economic risk, regulatory risks, human risks etc
  • Corporate governance: Under this topic a student can choose an organization and study the system of rules and processes that govern an organization. A hot topic in this area today is the composition of women in the board and their impact on sustainable business practices.
  • Investment management: This topic is concerned with how a financial institution manages its financial resources such as equity, fixed income instruments, commodities and alternative investments.
  • Performance management:
  • Criminal money management

Develop Your Thesis Statement

You have reviewed enough material and collected relevant information regarding your sources. It is time to write down your thesis statement. Writing a thesis statement might not be as straightforward as you probably think. A good thesis statement does not simply state a fact. Nor does it attempt to advance an opinion. Also,it is not supposed to be a topic. Carefully reviewing relevant material provides you with one “strong” idea. Your thesis statement represents the “belief” you form after analyzing all your sources.

People Should Support or Oppose Your Thesis Statement

financial management research paper writingIf you write a thesis statement no one wants to dispute, you most likely have stated a mere general fact or opinion. A well-written thesis statement causes others to say things like “ I do not agree with the author, but let me read on. “ Or, “ If I were the one writing this financial management research paper, this would be my position.” That is the reason you must avoid writing generic statements that do not stand out.

For Example: “Operational risk management at Goldman Sachs is effective.” Look at that statement. That statement may stir interest in people who agree the bank is doing a perfect job in operational risk management. Suppose we amended it a little and wrote, “Operational risk management in Goldman Sachs is effective, but the bank should do more to strengthen its systems.” What do you think about that statement? It makes people say “What more does this person know about Goldman Sachs?” They might also say “Goldman Sachs’ operational risk management is among the soundest known, but let’s hear what this author attempts to say.”

Make your statement inspire controversy, and you are on your way. Generally, there needs to be a bit of tension in your statement if it is to attract attention. So, pay attention while crafting the thesis statement.

How to Write Financial Management Research Papers: Structure

Having a clear idea regarding the specific format you will follow makes writing financial management research papers much easier. Here is an easy-to-follow structure you can adopt:

  • Title Page
  • Acknowledgement
  • Abstract
  • Introduction
  • Body
  • References

Title Page

It is what your professor or any other person sees first. Typically, the way you write and format this page depends upon the conventions and rules associated with your editorial style. How you handle a cover page in MLA slightly differs from how you write it using APA. Consider reviewing the specific manual again to ensure you are fully conversant with it. Usually, there are marks for writing the page correctly. These are like “free” marks for students who are keen while formatting this page. Typically, this page contains the study title, the name of the author, names of the supervisors involved, institution, and course name. Financial management normally follows the APA style.


Thanking those who encouraged you or offered a helping hand along the way is important. Mention their names and what they did for you.


Some people use the term “abstract” and “introduction” interchangeably. It is all right; it all depends on the discipline in question and what your instructors might prefer. The abstract summarizes what your study is all about. Typically, an abstract is shorter than an introduction. Writing 400 –500 words for this section is enough.

Your abstract must:

  • State the problem you intend to investigate
  • Indicate your study’s purpose
  • State the method used
  • Display major results
  • State significant implications and interpretations of your findings

How to Write Your Problem Statement

Every research paper aims to solve a problem. But you cannot effectively address a problem unless you have first identified it. The issue needs to be crystal clear to you before you can think of presenting it to others through a research paper. Writing a problem statement isn’t hard if you have been reading and noting ideas. You can get ideas from anywhere including online magazines, journalarticles, press releases, newspapers and so on.

First, Describe What Should be the Case: Ask yourself: What would the situation be like if this company was not grappling with this problem? Answering that question is like solving the problem that exists. But the current situation is different; it is not what it needs to be. For that reason, use transitions such as “However” or “Unfortunately” to introduce your problem.

Problem Statement Example: “Goldman Sachs should do everything it can to mitigate the risks it currently faces so that it can become a stronger bank able to withstand financial trouble in the future.” You have described how things should be.

You are saying that the bank now faces certain risks. And that it is not where it is supposed to be in terms of risk mitigation.  Now, let us write your problem statement:

“Unfortunately, Goldman Sachs is yet to act decisively regarding three risks that threaten to make it less competitive now and in the future. These are market risks, country risks, and political risks.”

Explain the Problem Using Facts and Figures: Find statistics that help you to explain the stated problem. Explaining the problem includes showing how Goldman Sachs suffers as a result of the current issue. You need not include citations in the abstract section. But you will need to provide support when it comes time to expound on those claims later on in the body.

Formulate Research Questions

Your research should restrict itself to answering your research questions. If you got the problem statement right, you should have no challenge writing the research questions. Research questions are “normal” questions ending with question marks.

For example:  “Which market risks does Goldman Sachs face?”

Research Introduction

The opening sentence needs to have the “power” to grab the reader’s attention quickly. Where an introduction is dull, the reader usually stops reading. Here is your opportunity to announce your topic. Use the “inverted triangle” approach. In this approach, you start with general topic issues. You then shift your focus to specific features of the issues indicated. You need to give the reader a “hint” of what they can expect. You have to include a list of keywords if you intend to publish your paper.

Your hypothesis or hypotheses and thesis statement are part of the introduction. A hypothesis allows you to make a supposition or prediction that guides your investigation of the issues at hand. Usually, your paper’s thesis should be the last sentence of the introduction. Note: In qualitative studies, researchers typically use hypothesis and thesis in more or less the same way.

Background Information

This information can be part of your introduction. Or it can be a separate part. Here, you need to show the reader that you understand your topic. And that you have developed a fundamental understanding of the research problem your study seeks to investigate. Essentially, this section tells the reader what you understood before you started planning this project. It describes the nature and history of the research question as it relates to existing literature.

Literature Review

The literature review section allows your audience to familiarize themselves with the various sources you have selected for your study.  Writing this part right presents you as a well-prepared researcher. The goal here should be to come across as someone possessing a profound knowledge of the area you are studying. Here, you need to include a review of recent, relevant works as well as the most current developments in that area. Your job is to analyze or evaluate the sources used and let the reader know which of them helped your research paper most.

Finally, you need to show why your work matters. How does it develop the already existing knowledge body?Why should anyone care about the work at all?


Here, you want to specify the study design you will be using. Are you going to do a qualitative or quantitative study? Depending on the nature of your topic, you can use either a quantitative or qualitative approach.  If you want to investigate the risk component of securities held by ordinary shareholders in a business, the quantitative method is the better approach. If your paper intends to study how these ordinary investors perceive risk, you may want to use the qualitative approach. Qualitative research does not usually rely on statistical analysis.

In the methods section, you must:

  • Describe the sampling strategy: in financial management research papers, you might not always deal with people as your participants. Your participants can be archival documents or literary texts. Such “participants” are usually “subjects” rather than participants.
  • Identify the variables, especially in a quantitative study. If your financial management study is qualitative, you do not need to have dependent and independent variables.
  • Describe data collection tools: If your research design is quantitative, you can use questionnaires. However, it the study is qualitative, interviews provide better quality information
  • Describe your procedures for carrying out the research
  • Offer information regarding your analysis methods


Once you have analyzed the data obtained, you need to report the results. Decide which aspects of your research paper are the most critical and interesting. Discuss the results of your inquiry. You must determine whether the findings you obtained answer all your research questions. Whether your financial management paper followed the quantitative approach or quantity approach, you must interpret your results concisely. Were these results what you expected? If not, explain them. You also must find a way to link the results you have with your research questions and literature review.


You should end financial management research papers compellingly. The reader needs to understand whether your study was successful. Let them know whether any questions remain unanswered. You can restate the most significant points here, but you must choose your words carefully. Remember: the conclusion is likely what the reader retains. A well-written conclusion makes people feel that reading your work wasn’t a waste of time. Your conclusion can also suggest research others can conduct in the future.

About the author

Are you looking to custom financial management assignment? our highly qualified and experienced finance paper writing service will assist you develop a unique and researchable topic ideas that can be transformed into quality research papers. Alen works at our custom business plan writing service and assists students write high quality finance homework papers.