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Following the section on policy implications, most research papers discuss future directions—what are the new but related questions that are likely to be explored by economists; what new methods are being developed to analyze data on the topic; what insights from other disciplines are likely to be applied to this topic; what policies are likely to be developed related to the topic?Research papers collected here generally reflect this approach and the resulting format, but given the wide range of topics addressed, the format is not appropriate in every research paper.Economics is generally described as the study of resource allocation; or of production, distribution, and consumption of wealth; or of decision making—descriptions that sacrifice much for the sake of brevity.
These are topics that economists have dealt with for generations but that have taken on new meaning and significance.
At the same time, economists’ recent innovative approaches to analyzing issues and behavior and the expansion of economic analysis to nontraditional research topics and arenas of activity have attracted new interest and attention from scholars and general public.
Readers interested in learning about economic analysis of a topic or issue as well as students developing research papers will find sample research papers on various economic topics.
And economists seeking to learn about extensions of analysis into new areas or about new approaches will benefit from research papers on cutting-edge topics.
Once the theory or model is developed, empirical evidence is explored, usually using statistical and econometric tools, to evaluate the ability of the model to predict outcomes.
If the data lend support to the model, the model can then be used to predict outcomes.To the extent possible, the sample research papers in the list follow a common format.They begin with a review of theory and then examine applications of the theory, relevant empirical evidence, policy implications, and future directions.They develop models to analyze how tax policies affect philanthropy and how managers of baseball teams can determine which players are worth their salary demands.The range of research paper topics that falls within the domain of economic analysis is much broader (and more interesting) than those suggested by the traditional definition of the discipline.The value of economic analysis in development of policies to address social issues is also much broader than generally perceived.Economists have played a critical role in the development of policies aimed at protecting endangered species and addressing global warming and climate change.Traditional economic analysis has been used to explain why people who are overweight tend to have lower incomes than those who are thin as well as why some nations grow faster than others.Economists have explored why people gamble even though they are likely to lose money as well as why stock markets respond in predictable or unpredictable ways to external events.Some of the initial theory research papers, methodology research papers, and history research papers more logically follow a different structure, and common format has been sacrificed in favor of following the logic.Having the appropriate topic to write on is a critical step in the essay composing process.