Economics Degree Essays and Research Papers
A university degree in Economics is an academic pursuit that focuses on the development of quantitative and analytical aptitudes and impeccable communication skills. This is for the reason that not only are economists expected to understand market trends and make assessments and decisions based on them, but they are also expected to be able to articulate their conjectures to other departments who may not be as well-versed with their profession’s jargon. Thus, core subject courses in the study of Economics in the undergraduate level usually require two main tasks from students. The first category focuses on numerical economic analyses, with core subjects that seek to impart theoretical and practical skills in computing for or estimating a number of variables using a wide range of areas in mathematics, from Calculus to Statistics. The second category is the translation of numerical economic analyses from purely mathematical to diverse lingual forms such as reports and research papers at the undergraduate level and theses and dissertations at the graduate and postgraduate levels. This second category of tasks impose upon the Economics major to possess not just exceptional writing skills in the language of instruction, but the oftentimes considered rare ability of explaining applied mathematics in ways that can be easily understood by others who are not so inclined in the subject. Without this ability, written output in Economics tend to be overly technical, and lack the coherent articulation of the concepts used and precisely how they were applied to economic data gathered. Another common requirement in this field is mathematical modeling, which is the transformation of historical numerical and qualitative data gathered into systems of equations and constraints that represent and subsequently forecast a certain economic phenomenon. Such projects, which are also a common practice in the industry, require numerical aptitude and analytical competence that go far beyond many Economic majors’ formal academic training. Thus, students usually need to read through and learn economics modeling concepts and procedures on their own in order to create the accurate economic models demanded by their course of study.
Degrees in Economics can be classified in either the area of the Sciences or of the Arts. As a Bachelor of Science degree, Economics focuses on mathematical modeling and the forecasting of variables on both macroeconomic and microeconomic levels. Core course subjects for BS Economics tackle the application of Calculus in depth, including subjects such as Differential Equations and Numerical Analysis. On the other hand, BA Economics degrees focus on the description and analysis of economic situations, via the use of a diverse array of statistical techniques. In both cases, the student would nevertheless be required to accomplish an extensive amount of written output. Advanced degrees in Economics specialize on a variety of subjects, such as Economics Policy, Public Economics, Economics Management, and Banking and Finance. These degrees require a higher level of writing ability from its students, to a extents comparable to actual economic literature found in academic and business journals.