How to Write An Essay on Economics


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The economics essay can be a part of the state final certification of a graduate in social studies, as well as one of the tasks in the entrance examinations in college. As for the home task, a lot of students prefer to buy college essays to meet all the academic requirements. However, if you want to write it yourself or you are preparing for the college exam where you will have to do the writing task on economics you should know how to do it well. In any case, the examiners will assess the ability to present the topic correctly, logic, and creativity of thinking. And this can be learned.

How to write an essay

To begin with, let us define that an essay, which in French means “sketch” or “attempt” is a free-form reflection in which the author expresses his point of view and impressions about a particular issue. Such an essay is devoted to one topic. It is written in simple but literary language. Unlike “dry” papers, the nature of the narrative in the ” sketch” can be more emotional.

The writer must show the ability to:

  • express an opinion on an issue;
  • use reasoning within the thought expressed;
  • master the terminology and use the concepts in accordance with the content of the problem in question;
  • critically appraise different deductions concerning social objects and processes;
  • reveal the essence of the problem;
  • analyze, generalize and explain social phenomena;
  • define and explain one’s attitude to the problem judgments;
  • give coherent and convincing arguments for their position;
  • critically evaluate the proposed problem statements.

Choosing a topic

When it comes to the essay of an admission applicant, student, or job applicant for an economics-related position, in addition to a reasoned individual position, a writing sample of this nature also implies the presence of:

  • a clear definition of the concept or term present in the topic, with reference to a literary source;
  • a brief analysis of the current state of the event stated in the topic;
  • a thesis reflection of different points of view on the essence of these phenomena;
  • the author’s opinion on the solution of the indicated problems;
  • a bibliographic list.

A peculiar condition of the task when writing a mini-essay is a clear definition and designation of the main idea or problem, to which you must periodically return throughout the entire process of writing. This will help you to get the content right and not get carried away with general reasoning.

The main ideas that are encountered in assignments in economics from the schoolroom are also familiar to university professors. So with the choice of titles for the mini-essays and disciplines – financial management, securities market, statistics, econometrics, auditing, – you will have no problems during your student years. As for the job search, be prepared to explain your thoughts in the essay “Why I am a good fit for this job”.

Structure

The outline of the essay is simple:

A brief introduction of several sentences sets out the question and relevance of the topic.

Thesis 1 presents the author’s main thought on the topic.

Arguments supporting the main idea. It is better to give two arguments in favor of their statement: one will not be enough, and more will overload the text.

Thesis 2. The total number of thoughts of the writer depends on the topic and the logic of conducting the thoughts.

Supporting arguments.

The conclusion contains conclusions on the topic and the questions posed in the introduction, a vivid thought that summarizes the reasoning.

The text of the finished outline consists of paragraphs. Each new paragraph should logically follow the previous one.

Generally, we can talk about the two types of the essay: written on behalf of the author and expressing their opinion, or naming the opinions of authority figures in the field and showing the author’s attitude toward these opinions. The economics essay is of the second type. Cite the viewpoints of other researchers on the problem considered, referring to different interpretations of the problem and different ways of solving it.

The number of arguments cited is not limited; the optimal for the disclosure of the topic can be considered 3-5.

Scope

The essay is characterized by a short form of presentation and should not exceed seven printed pages. As a rule, ready-made student papers are up to 600 words or two to three pages.

Handwritten mini-essays, which are required for graduation or admission tests, may consist of only a few paragraphs.

Template phrases and clichés

The professional writers from the best writing services recommend using these patterns that can help you logically construct and write a good text:

The author’s thought refers to the fact that…

I can agree with the scientific thesis only partially, because…

I only agree with the final part of the judgment…

Totally agree with the opinion…

I will allow myself to disagree with the scientist in part…

There are two points in the content of the quotation…

The remark in question is multidimensional…

Both direct and figurative meanings are highlighted in the spoken utterance…

The controversial nature of the utterance suggests a thought…

Let’s consider this thought from the point of view of economic theory…

Let’s refer to the theoretical meaning of the point…

The stated thesis has a theoretical justification…

To justify the problem from a theoretical point of view…

Terms

To stay within the context of an assignment, one must conform to a basic knowledge of science and skillfully use concepts, terms, and generalizations that relate to the chosen topic. Linguistic dynamics do not spare the academic discipline: new words appear, old ones return to the active, and, conversely, the terms of planned economics go into the passive. Economic terminology in the modern world is widespread in the media, in everyday life, and in modern literature, among economists and non-specialists. To demonstrate your broad outlook, demonstrate in your written work your erudition and ability to navigate scientific terminology. In your paper, point out the multiple meanings of the concepts and terms you use and justify the meanings in which you apply them.

Essay evaluation criteria

The experts evaluate the mini-essays according to generally accepted transparent criteria:

  • the degree of comprehension of the theoretical material;
  • competent analysis of the problem;
  • the logical connection between the thesis.

Clearly and fully consider the concepts and examples relevant to the topic, and give brief information about the author of the statement, if the statement is of this type.

Properly apply a variety of techniques of analysis: comparisons, generalizations, alternative viewpoints, and personal attitudes toward the problem.

Stick to a single, clear, concise, journalistic style and strive for uniqueness – find a detail in the issue that no one else has noted.

Such reasoning on the topic is periodically asked by teachers of economic studies, and sometimes by employers of financial and credit institutions, to test your thinking abilities.


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