A Quick Guide for Australian Students: How to Write an Economics Assignment

Economics is one of the most popular subjects for the Australian students. Most of the students choose this subject as it has a close association with management which promises the most lucrative careers.

But there are many students who face problem with practical economics assignments that they need to complete as a part of their course. If you are one of them, then this short guide will help you to devise your own assignment on any topic of economics.

• Selecting the topic

The most important component of the whole procedure is selecting the topic. In economics, it is expected that the students will try to present something new. The only way to get new ideas and perspective is through reading different articles and books. Select a topic on which you have a strong knowledge and you are confident to prepare an assignment. But to show your creativity you should not select any such topic which has very limited information available. While selecting the topic, write a page on how you envisage your paper. Develop a concise statement of the problem, structure of the literature review and research design. Then start your task.

• Format and style of the paper

Format

The typical outline of the economics paper is as follows:

• Header: The paper starts with the header which includes the title, your name, paper details etc.
• Introduction: Here the basic issue is stated. You should try to explain why the paper is so important. Briefly explain what you are trying to achieve through this assignment. You can follow the same strategy for marketing assignments.
• Literature Review: No topic is new. Acknowledge the earlier studies that have been made on the same topic in this literature review section. Do not review all literature, consider only what is important and relevant.
• The model: Most of the economics assignments are based on some mathematical, conceptual or statistical model. Explain the model briefly without any ambiguity.
• The data: According to the topic, state relevant data and information. Along with the sources, explain every information through statistical parameters.
• Results: Here you need to explain the statistical methods used and present the results logically. The outcomes must support your hypothesis.
• Conclusion: You conclude by stating the contribution of the topic with some recommendations for future studies.
• References: Following an established citation style, all the references should be stated.

Style

Style of the paper refers to the English, structure and tone of the paper. Generally, you should use 12-point fonts, 1.5 line spacing and wide margins to structure your paper. You should also remember

• The assignment must be broken into clear heading and sub-headings
• It should include figures and tables to highlight the data collected and to tabulate the results
• The tone of English should be formal without the usage of fancy and colloquial language.

• Finishing the paper

Sometimes many students start multiple tasks at a time. You should always try to finish the assignment without any interference as multi-tasking decreases the quality of the papers. After you finish the first draft, revise the whole assignment thoroughly. There are various websites available on the internet which can help you to find grammatical errors and plagiarism in the document. You can get your assignment rectified by evaluating it in these free websites.

An economics paper is assessed on the originality of the paper, usage of theory and methods, presentation and its format. When you are writing your economics papers, remember these suggestions which will help you to prepare a better assignment.