The research proposal serves multiplier purposes. First, it helps you learn how to do research and develop a research idea. Second, it will force you to start thinking abo

An important components of the course is the research proposal. The research topic could be theoretical or empirical. The proposal should critically assess the literature on a particular topic in macroeconomics and provide basic economic analysis. It is more important that the proposal be original and correct than it be ?important.? One strategy for finding a topic is to read papers and think of small extensions/changes to an existing work.
In your proposal, you should clearly state how your paper relates to the existing literature and indicate what extensions you intend to make.
The research proposal serves multiplier purposes. First, it helps you learn how to do research and develop a research idea. Second, it will force you to start thinking about dissertation work and become more familiar with a specific literature. Third, it will help you decide if you want to work in the area of macro.