Economics is one of the most interesting social sciences compared to others. It is the subject that students demand worldwide for their higher studies. It is not only an interesting subject to learn but also provide you with various career opportunities in future. Students who take up economics in their higher studies get a chance to play various roles in the economy such as banker, research analysts, sales analysts, etc. Many students also go abroad for pursuing their PHD degree in this subject and become great economists one day.
There are various branches of economics which students need to study when they opt for this subject.
These branches include:
- Macroeconomics.
- Microeconomics.
- Public economics.
- Development economics.
- Statistics.
- Indian economics.
In the early stages of their course students need to study about all these branches separately. It is only in higher studies like Masters Degree and PHD, students get the chance to choose any one branch of economics and specialize in it. After choosing the paper they want to specialize in, students needs to study that paper in great detail in order to carry out extensive research in future. This is how they become great Economists and serve for the betterment of the country.
How to score good in higher education?
While pursuing their Masters Degree or PHD Degree students needs to do various types of projects, dissertations every week or monthly. This is how they learn to do research on a particular topic. Before going for their PHD degree students should become an expertise in doing research work and projects. They receive various types of projects in the Graduation and Masters level so that they become a pro at it.
In their basic level they can take help from their teachers or guide so that they can present the best projects and excel in their class. The key to score well in your course and be best at it, it is necessary that you focus on your projects and research work properly. Economics is not as easy as it seem to be; it requires a lot of dedication and hard work. if you are not willing to do so, you will simply waste your time taking this subject.
Tips to do your project effectively:
While doing your economics assignment there will be moments when you will get stuck somewhere or the other. So before sitting with your project search about the topic properly, know each and everything it deals with. You can also go throw through various guides and tips that will provide you steps on how to complete your assignments effectively and on time.
Here are few tips that you can go through before sitting with your assignments:
- Plan:
First and the most effective way to do an excellent project are to plan out everything from before. For this you need to make a planner where you write down your topic and all the relevant information you want to know about that topic. Economics is a vast subject and if you start off just like that without anything in mind, you will find yourself stuck in the middle of your project. So get to know what exactly you are looking for and then move forward with it.
- Layout:
Make a layout of the assignment so that you can move systematically with it. Layout of a research paper is very different from that of normal projects. So first know from your teacher what is assignment all about and if it is a research paper then make a structure including the introduction, literature review, body of the project, findings and conclusion. There should be separate page for bibliography and references. While making the layout also ask the teacher what is your research question and whether it is a descriptive type project or a analytical type project.
- Research:
After knowing your topic and the findings you need to do; the next step involves extensive research. Research work involves collecting all relevant information about your topic and keeping it ready before starting your project. If you are working on primary data, you need to go places to collect the data and if you are working on secondary data, you need to surf the net extensively in order to get relevant data. So all this is included in your research work.
- Work effectively in group:
If you are given group projects to be completed then assign each one of them their part so that the project is done smoothly. Avoid conflicts as it may waste much of your time. Take suggestions from each one of them so that you get to know more innovative ideas of doing the assignment.
- Assign a time limit:
Lastly set a time limit for yourself and for your group members. This time limit should be way before the time boundary given by your teacher. This is because if you complete your project before time, you will get a chance to revise and see if you need to include more information. This will help make your project on of the best projects in class.
Along with these tips, the most important thing that is necessary to do your economics project effectively is hard work and knowing your subject properly. Without these two all your plans will never become successful.