Economics Research – A Brief Idea

Economics research involves the systematic study of the production, distribution, and consumption of goods and services. It aims to understand and explain how individuals, businesses, and governments make decisions and allocate resources in order to satisfy their needs and wants. Here is a brief idea of how economics research is conducted:

Research Question: The first step in conducting economics research is to identify a specific research question or problem to investigate. This question should be relevant, interesting, and have the potential to contribute to the existing knowledge in the field.