Archive for December, 2009

Writing Clear and Excellent Thoughts

December 30th, 2009

The foundation of a good essay writing material is the systematic organisation of thoughts. Every development starts from a single idea or thought. In essay writing, the development of good written communications is founded on established thoughts. Thus, the thoughts should be clearly defined to shape up the purpose of writing essays.

Definitions are important factors that add form and structure to your essay. In particular, writers for economics essays use definitions to outline ideas and established thoughts. Without any concrete definition in the economics essay, it becomes nebulous and confusing. Hence, the definition can clearly produce the scope and limitation of your ideas in the economics essay. For example, the word trade as a subject for an economics essay has multiple dimensions, angles and perspectives. You cannot write all the ideas about trade in your economics essay, instead you only pick out those ideas that are relevant to your writing style. Thus, make definitions to your subject for you to streamline the flow of your ideas in the essay.

In a sense, the use of definitions can be complicated. While it is true that the use of definitions can streamline your essay, using it is another challenge. Definitions depend on the different purpose and means of writing it in the essay. Here are the two types of definitions you can write in an essay:

  • Nominal Definition

Nominal definition is used to define terms or words based on the dictionary or other references. In economics essay, you use this definition if you want to quote references from valid sources.

Example:

Economics talks about the production, distribution and consumption of goods and services, and with the theory and management of economies or economic systems. (from thefreedictionary.com)

  • Real definition

Real definition is used to define terms or words based on actual experiences of the situation or the term. In economics essay, this is oftentimes the writer’s definition of the word.

Example:

Economics talks about how to manage resources and how to get maximum output with minimum input.

In the examples above, the definitions are different since one tackles what the word economics is all about while the other talks about the writer’s experience of what the word means to him. Thus, a real definition embodies the writer’s observance of how the word is applied into the real world setting.

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Writing Good Reasons

December 28th, 2009

Well-presented reasons are good indicators of the in-depth knowledge of a writer. As a writer, you must know how to build good reasons in your economics essay. One effective way of creating good reasons in your economics essay is to ask questions, especially the “why” questions. “Why” questions can easily trigger critical thinking on the side of the writer. Particularly, if you want to write good reasons for your economics essay, you must know the causes and effects of the ideas you want to present.

Rational development through the cause and effect principle is mainly reliant on how you tweak and angle your ideas for the economics essay. The cause and effect principle is a conventional manner of logical reasoning in writing essays, but you can always add variety to it by presenting it the other way. For example, you can present your ideas by using a question-answer style of discourse in an economics essay. You can also opt to delay the answers to your questions in the economics essay since these can prolong your readers’ interest.

Consider, for example, the following diagram:

economics essay

In the diagram above, you can see the economic indicators that influence the cyclical uptrends and downtrends in the economy. With this perspective, it is already easier for you to write your economics essay using the cause and effect principle. Furthermore, you already have a vivid picture in mind on the ideas that you want to include in the economics essay.

Good reasoning is always associated with well-bonded causes and effects. For economics essays, you must never forget to be clearly descriptive in presenting your ideas. In this way, your readers can easily imagine the ideas that you want to convey. It also will make your economics essay more readable and digestible to your readers.

Above all, the cause and effect principle makes your economics essay coherent. It avoids idea gaps and irrelevant thoughts in your economics essay. This principle may be apparently simple when applied in the economics essay but it makes the essay more persuasive and compelling.

Of Subprime Bubble and Economics Essays

December 26th, 2009

According to some authoritative economic essays, the recent global financial crisis was brought about by the subprime bubble. In most economics essays available on the Internet and from different publications, you will read that the US real estate industry experienced a boom during the early part of 2000. The then favorable market climate assuaged most investors, who started to put their stakes heavily on real estate, and consequently released a lot of subprime mortgages as well. Investors from all over the globe were also able to participate because the investment houses created a derivative that would aid the distribution of interest in the subprime boom.

These industry conditions provide most essays in economics with a distinct causative factor when asked where the whole crisis started, and taking into consideration that there are a lot more write ups about the recession. After the boom in the real estate industry and when everybody already had their shares in the mortgage backed derivatives that were used to exploit the increasing value of real estate properties, the prices of real estate started to drop. During that time, people were getting more apprehensive, and despite the early warnings from various published economics essays, some of the investment houses refused to let go of the toxic assets. That is why when the real estate prices continued to drop, the mortgage companies found themselves with delinquent mortgages and an assets portfolio that they can’t readily dispatch because of the difficulty in getting a buyer, given the prevailing economic scenario.

Now, what the more popularly read economics essays are talking about is the subprime bubble fiasco and how it could have been prevented, if only investors were a bit conservative in their choices. This very profound economic issue is also being used as staple material for management essay writing, and by people and companies providing custom essay writing services because of the high demand of information related to the subprime bubble burst. Probably, one of the good things that can be gained from the subprime debacle is that it has become a very good material for economics essays.

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How to Economise Your Thoughts

December 25th, 2009

How will you write your economic essay if you have a constraint in the number of words? Many economic essays are written with limited word counts. Your challenge here is to maximise your ideas in the economic essay. In this case, it is not an opportunity loss if you cannot present all the ideas that you want to present in the economic essay. The goal in writing this kind of economic essay is not on the number of ideas but on the quality of your ideas. In this type of economic essay, you must present your ideas well without compromising its content and substance.

In writing good ideas with limited words, you can use analogies for your economic essay. An analogy is a special kind of comparison where you compare the similarities of your ideas from the topic sentence. In economic essays, the analogy is used to strongly indicate your rational explanation to your topic sentence. The structure of an analogy in an economic essay is generally composed of two sentences. The topic sentence is all about your main theme while the succeeding sentences give supporting logic to the topic sentence.

Example:
The concept of free trade is globally encompassing since it gives freedom to countries to engage in trading relations with good terms. This is parallel to the essence of individual freedom where relationships are closely knitted in having good terms with others.

In the example, you can see that a technical concept is introduced as a topic sentence while the second sentence is giving a comparison to the concept of free trade. This kind of method is called an analogy to emphasise and clarify the points of the economic essay. An analogy is one of the easiest methods to simplify your points in the economic essay without using too many words or examples.

All in all, an analogy is highly advantageous in giving clarity and emphasis to the points of the economic essay. It is like hitting both clarity and emphasis as good elements in the essay. The effective use of analogy makes your ideas more formidable and difficult to refute. Thus, your economic essay will be more forceful, vivid and organised.

Comparisons and Contrasts in Economic Essays

December 23rd, 2009

Compare and contrast is a usable method in economic essays dealing with multiple subjects. The compare and contrast method is one of the easiest method to use in an economic essay when you want to present multiple angles of your ideas. Comparison involves stating the similarities and the differences of the subjects in the economic essay. Furthermore, a comparison is more inclined in emphasising the similarities rather than the differences in the essay. On the other part, contrast involves stating more the differences rather than the similarities. When you are dealing with compare and contrast, it is like giving Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis to the economic essay.

“How would you explain fair trade from free trade?”

From the example above, you can make a compare and contrast economic essay. You can state a lot of similarities and differences between the two subjects: fair trade and free trade. It depends on your volition on which side you want to tackle. Just do not forget to make a clear focus in your economic essay. Once you have made a compare and contrast statement, you must be able to identify your focus in the essay. Are you going to focus more on the similarities, the differences, or balance your approach in your economic essay?

Many writers present multiple ideas in the economic essay. If you want to present ideas with differing principles, then you must take note of these ideas in the essay. It is a good practice to jot down your ideas systematically so that you would not get lost in your explanations. The key point is that you must never forget the main purpose of your topic sentences in your economic essay.

All in all, when using the compare and contrast method, do not forget to give your final message at the end. This establishes the goal and purpose of your economic essay.

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Steering Paragraphs in Economic Essays

December 21st, 2009

Paragraphs are unique separations of topics in economic essays. The uniqueness of paragraph composition lies on the author’s style of writing and purpose of discourse. In this case, economic essays must contain good paragraph compositions to let readers appreciate its powerful points. As a general rule, keep the sentences in your economic essay simple. Simple sentences can easily be understood.

Clarity and digestibility is the main concern in good paragraph composition for economic essays. As a writer, you must give continuous lines of thoughts in your economic essay to build good paragraphs. Here are some ways to present your ideas effectively in a paragraph:

  • Restating the Words You Need to Emphasise

Restatement gives your readers more ability to comprehend your economic essays. If you restate your initial idea in the last sentence of your paragraph, then you emphasise the importance of that idea to the readers of your economic essay.
Example:
The global financial crisis is similar to the Great Depression since it left many people unemployed, worried and homeless. The global financial crisis indeed is a Great Depression.
In this sentence of the economic essay, can you tell the difference if there is no restatement? Indeed, restatement adds to the importance of the key ideas in your economic essay.

  • Negative–Positive Restatement

It gives the negative connotation but stresses the positive one.
Example:
I do not believe that economic crisis is due to the business giants. I believe that the economic crisis is due to the inappropriate financial attitude of the people.
This is how emphasis works in the economic essay. Negative–Positive restatement is an emphasis with a shocking ending. The negative connotation is an advantage to your positive statement in the economic essay.

  • Specification

Specification is giving general ideas first then going to the particular ones after. Specification avoids over-generalisation in an economic essay.
Example:
Economics – positive, normative – speaks that there is always a negative depression due to the global crisis.
In the example, specification gives the readers clear divisions of the subject matter.

In conclusion, adding variety to paragraph composition is a powerful method to steer the readers to the points in the economic essay.

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Unity: Organising Thoughts in Writing Economic Essays

December 19th, 2009

In economic essays, unity is all about linking all the thoughts together. Sentences and paragraphs must all bring out the form of the economic essay. From thoughts to words, from words to sentences, and from sentences to paragraphs, these are all essential to form the structure of your economic essay. If you can associate your thoughts together, then you can create a good economic essay.

There are three measures that can be used effectively to evaluate the organisational quality of your sentences and paragraphs in the economic essay, these are:

  • Cohesiveness

Ideas in sentences and paragraphs must fit together in the whole economic essay. Cohesive economic essays mean that there must be no fragments of ideas wandering around the essay. Cohesiveness can best be noticed when you read the works of prominent economists. Do you notice any out-of-place ideas in their economic essays? There are none, certainly, because they observe proper cohesion and form strong arguments throughout their economic essays, so much so, to the extent of issuing authoritative findings. If your economic essay is not that cohesive, then it cannot stand arguments and offensive attacks against your ideas in the essay.

  • Course

Course means direction and continuity of ideas. The economic essay is well-structured if the ideas are properly linked to each other. Just like constructing a building, every piece of material must be so systematically configured as to build a strong edifice. The same is true in writing economic essays, in that every idea and sentence must link to the rest of the elements in the essay to assure its strength and good form.

  • Centre

Centre means balance. Balance the elements of your economic essay. The topic sentences must remain as such by giving them due emphasis. Sometimes, we forget to give balance to our economic essay by explaining supporting ideas rather than the topic itself. Stay on the centre, stay in focus. Thus, spend time to reread and re-evaluate the ideas of your economic essay if these are still consistent with the main topic.

All in all, remember the three C’s when constructing your economic essay: cohesiveness, course and centre.  Just like an edifice, your economic essay must also have its own structural guidelines based on good principles of writing.

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