An extended essay in economics is a research paper that involves a deep and detailed analysis of a specific topic within the field of economics. It is typically completed as part of the requirements for the International Baccalaureate (IB) Diploma Programme and is intended to demonstrate a student's ability to conduct independent research and to present the findings in a structured and logical manner.
A good extended essay in economics should start with a clear and concise research question or hypothesis that the student aims to investigate. The research question should be focused and specific, and should be something that can be answered through economic analysis and data.
The next step in writing an extended essay in economics is to conduct a thorough review of the literature on the topic. This involves searching for and reading relevant academic articles, books, and other sources that provide background information and context for the research question. The student should take careful notes on the main points and arguments made in these sources and should critically evaluate the quality and relevance of the research.
After completing the literature review, the student should then move on to the main body of the extended essay, which should be organized around the research question or hypothesis. This section should include a detailed analysis of the data and evidence that the student has gathered, and should present the findings in a clear and logical manner. The student should also include a discussion of the implications of the findings and should consider any potential limitations or biases that may have affected the results.
Finally, the extended essay should conclude with a summary of the main points made in the paper and should consider the implications of the findings for future research or policy. The student should also reflect on the process of conducting the research and should discuss any lessons learned or challenges encountered during the course of the project.
Overall, a well-written extended essay in economics should demonstrate a strong understanding of the topic, a thorough review of the relevant literature, and a well-structured and logical analysis of the data and evidence. It should be presented in a clear and concise manner and should be carefully edited and proofread to ensure that it is free of errors and easy to read.
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