Course Content
Second Semester Test
There are five questions in this course. Each question carries 4 marks with the total of 20 marks. Attempt all questions within 30 minutes.
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ECO 392 – RESEARCH METHODS IN ECONOMICS 11 – 3 credits
About Lesson

Note of Lesson: Introduction to Research Methods

Objective: The objective of this lesson is to introduce students to the fundamentals of research methods, emphasize the importance of research in academia, and provide an overview of different research methods commonly used in various disciplines.

Importance of Research in Academia:

  1. Advancing Knowledge: Research is the cornerstone of academic progress. It enables scholars to explore new ideas, challenge existing theories, and contribute to the growth of knowledge in their respective fields.

  2. Problem Solving: Research helps in identifying and solving real-world problems. Through systematic investigation, researchers can develop solutions to complex issues and improve the quality of life.

  3. Critical Thinking and Analysis: Engaging in research cultivates critical thinking skills among students. It encourages them to evaluate information critically, analyze data, and draw logical conclusions.

  4. Career Advancement: Research experience is highly valued in academia and various industries. It enhances students’ resumes, opens up opportunities for grants and scholarships, and positions them for success in their careers.

Overview of Different Research Methods:

  1. Quantitative Research: This method involves the collection and analysis of numerical data to understand phenomena and test hypotheses. It relies on statistical techniques for data analysis and often employs surveys, experiments, or secondary data analysis.

  2. Qualitative Research: Qualitative research focuses on exploring and understanding social phenomena through in-depth examination. It emphasizes subjective experiences, perceptions, and meanings, often using methods such as interviews, observations, or content analysis.

  3. Mixed-Methods Research: This approach combines elements of both quantitative and qualitative research. Researchers employ diverse methods to gain a comprehensive understanding of a phenomenon, addressing research questions from multiple perspectives.

  4. Experimental Research: Experimental research involves manipulating variables to examine cause-and-effect relationships. It is characterized by controlled settings, random assignment, and rigorous data analysis to establish causation.

  5. Survey Research: Surveys gather data from a sample of individuals to understand attitudes, behaviors, or characteristics within a population. They utilize questionnaires or interviews to collect information systematically.

Exercise Files
NOTE OF LESSION ON RESEARCH METHOD – ECO 392.pdf
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