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This course aims to enable students to apply economic theory to real world problems and concerns, to learn the vast array of information available to economists over the Internet and in the library, to learn where resources and data can be located. Course objectives include using statistical methods to analyze and evaluate the application of economic theory and reasoning, and gaining an appreciation for the value of economic reasoning and research, while also recognizing the limitations of its application. Students will also learn to write an effective research paper and be able to effectively present it to your fellow students.
Critical reading. Selection of Topic. Literature Review. Conceptualizing the Research, Sources of Data. Sampling. Examining the Data. Survey Design. Formulation of Hypothesis. Statistical Methods, Hypothesis Testing. Regression Method. Qualitative Data Gathering and Analysis. Writing in Research. Communicating the Results. Preparing Presentation. Organizing and completing the Research Project in Stages.
Upon succesful completion of this course, a student will be able to
1. Review the relevant literature; collect data from various sources.
2. Develop a clear and specific research question to which the tools of empirical economic analysis can be applied.
3. Adapt an economic model for your research question.
4. Develop a testable hypothesis from the model.
5. Find and collect data to test your hypothesis.
6. Use statistical analysis to test the hypotheses.
7. Offer constructive criticisms to peers, and communicate findings orally.
8. Utilise effectively statistical and other packages.
9. Analyse and evaluate published research.