II. Body of the Paper
A.Presentation of related literature
A literature review summarizes the views of other scholars who have written on this topic. The literature review will
allow you to demonstrate how other scholars have approached the topic and indicates a gap in this literature that you
seek to fill.
B.Application of Economic Theory
You should present the economic model/theory on which your paper is based. You must display mastery of the material covered in class as well as appropriate usage of economic theory. This does not mean that you have to develop your
own mathematical model. Instead, it serves as a means to demonstrate that your ideas are grounded in economic
theory.
C.Analysis of Data
Firstly, provide a description of your data, including a discussion of how the variables for
your empirical model are constructed and
the sources of all your data. Second, you
should provide summary statistics on the relevant
variables in a table
either in the body of
the paper or in an appendix.
In the body of the paper you sh
ould include a presentation
of the results of your empirical analysis a
nd provide a careful in
terpretation of your
findings. Your empirical analysis might
entail regression (if
you are familiar with
econometric methods), a simple st
atistical analysis of the data
, or even the use of graphs
and charts to effectively disp
lay interesting features of th
e data that help support the
arguments made in the paper.
III. Conclusion
While concluding the paper, you should rest
ate the objective of th
e paper. Following
this, you should provide your conclusions ta
king care to distingui
sh your contribution
from the existing literature on the topic.
