4 Keys To Selecting A Good Economics Research Paper Topic
Economics is a fairly popular area of study for graduate students. Selecting a good research topic can be a daunting task especially for people who do not already have something in mind. Some students may already have a few topics in mind, but they are having a difficult time picking one of them. Therefore as promised, here are four keys to selecting a good economics thesis topic:
- Be Observant
- Pick something Researchable
- Pick a hypothesis that can be tested
- Consider your Career Goals
Your topic might be staring you in the face, and you don’t even know it. Are there some trends in human behavior that you may have noticed? Perhaps the tendencies of people from a certain area choose certain types of investments or luxury goods. Look around and you may find something you have been wondering about. Let it be something worth looking into. Something that has to do with investigating the reasons for a certain phenomena, with studying changes in human behavior, or with trends. Many people try to investigate topics they care about. When you care about something, you will not find the work boring or tedious.
Once you have a few ideas in mind, try to pick the ones that are most researchable. They should be things that can be reduced to economic terms. If a question cannot be reduced to economic terms, it is better to pick something else. Think about the type of data that will be collected.
You should be able to test it both in theory and in practice. For example, is the data available? If your sources of information are not available, pick another topic. Be realistic. If the data is unavailable, inaccessible, or too expensive to get, pick another topic. Sometimes you have two phenomena that are closely related, but it is difficult to tell what causes what. The exact nature of their relationship is tricky to determine. Be careful how you handle these. If possible, avoid them.
If possible, go for a topic that is in line with your future career plans. If you have a specific place you want to go with your career, it will not hurt to pick a topic that fits in well.
If all else fails, jot down a list of things you find dumb, things you find silly, and things that make you anxious. That should be a good place to start. Discuss your list with your supervisor and you will easily be able to narrow it down.