To write a good economics essay under the constraint of an examination, student needs to fulfil these criteria.
1) Answering the Requirements
The essay must answer the requirements of the question where the essay contains perspectives that are appropriately divided based on the different aspects of the question. Certain parts of the essay will require more paragraphs to elaborate while others require congestion of ideas through brief description.
2) Clear Economic Causation
The essay must be have clear economic causation in respective paragraph with economic terms and lingo which will demonstrate the explanation to answer the question. The causation must also be systematic and precise, ensuring that the explanation provides clarity and direction. To be effective in developing causation, student needs to know the nature of causation, be it for explanation or evaluation or analysis.
The development of the essay must be contextualised to the requirement of the essay, guided by the pre-amble and certain key phrases of the question. This is seen from how the explanation, evaluation or analysis is geared towards the economic context based on the countries stated or economic issues discussed.
Fourth, the essay must have well-illustrated graphs when it is need to help in demonstrating the ideas. The diagram must be well-labelled with lines and curves drawn to show economic causation and principles. In the description of the graph, student must show the economic process of the graph with description on how the curves have shifted to reflect the economic implications.
Types of economics essays:
1. Factual-based type of question
For this type of question, it will demand the student to provide factual knowledge to answer the question and this will include economic definition, principles and process contextualised to the economics issues and countries. The current ‘A’ level or ‘preliminary examinations are more demanding for this type of question as the questions demand student to re-classify the factual knowledge in a differnt manner from the way it is taught in the lecture notes. The answer must be contextualised to the country stated or economic issues. For some questions, examples and applications are part of the requirements of the question.
2. Application-based type of question
The main requirement of the question is to use economic principles to explain an economic issues, economic policies to solve an economic problems or economic process to explain an economic development.
3. Evaluation-based type of question
The requirements of the question is to make discussion about the strengths and weaknesses of policies or the limitations of the policies in solving the economic problems. If the question needs a direct evaluation, the evaluation can be separated into different perspectives which are divided into strength and weaknesses. However, if the evaluation is conditional with requirement based on the extent of agreement, there is a need to provide an direct explanation for the question, followed by a rebuttal that shows the extent of agreement to the direct link.
4. Analytical-based type of question
The requirement is to depict determinants that will affect the economic causation in the answer and examine the extent of impact of these determinants in influencing the economic causation. The analysis is usually based on the context of the question in terms of the stated country or economic conditions.
This article is contributed by Mr. Simon Ng, founder and principal JC Economics tutor of Economicsfocus who has 20 years of teaching experience. Currently, Mr. Simon Ng provides specialized Economics Tuition and GP Tuition. Please visit www.economicsfocus.com.sg/jc-economics-essays to read more of our JC Economics articles.