LITHIN MYLAPUR Posted January 13, 2015 Report Share Posted January 13, 2015 I still dont know what is analysis, application and evaluation!! i need to know what are these to go ahead.... i need help!! Reply Link to post Share on other sites More sharing options...
Chinmayee Gidwani Posted February 15, 2015 Report Share Posted February 15, 2015 Analysis: do you know your stuff? Are your definitions correct, are your graphs accurate? Application: Have you applied your knowledge of econ to the article correctly? ie. If there is an increase in supply within the article, you've drawn a shift of the curve to the right. Not something unrelated, like an MPC curve. Evaluation: This is the trickiest. Here are some tips as to what to include to meet this criteria: 1. Discuss how the article affects different stakeholders (Consumers, workers, producwers, government, banks, foreigners) 2. Prioritize argument: "the group MOST significantly affected is..." and explain why3. Pros and Cons of whatever policy is being used4. Limitations of economic theory: limitations of fiscal and monetary policy, GDP/GNP stats, economic growth, etc. (This mostly applies to macro and international, not so much micro)5. Short run vs. Long run Analysis (Again, mostly for macro here) Hope this helps! 1 Reply Link to post Share on other sites More sharing options...
LITHIN MYLAPUR Posted February 16, 2015 Author Report Share Posted February 16, 2015 (edited) This gave me a great idea of how to go about with the IA.Thank you soo much!! Analysis: do you know your stuff? Are your definitions correct, are your graphs accurate? Application: Have you applied your knowledge of econ to the article correctly? ie. If there is an increase in supply within the article, you've drawn a shift of the curve to the right. Not something unrelated, like an MPC curve. Evaluation: This is the trickiest. Here are some tips as to what to include to meet this criteria: 1. Discuss how the article affects different stakeholders (Consumers, workers, producwers, government, banks, foreigners) 2. Prioritize argument: "the group MOST significantly affected is..." and explain why3. Pros and Cons of whatever policy is being used4. Limitations of economic theory: limitations of fiscal and monetary policy, GDP/GNP stats, economic growth, etc. (This mostly applies to macro and international, not so much micro)5. Short run vs. Long run Analysis (Again, mostly for macro here) Hope this helps! Edited February 16, 2015 by LITHIN MYLAPUR Reply Link to post Share on other sites More sharing options...
185pgerti Posted February 16, 2015 Report Share Posted February 16, 2015 Hey, I was having the same issue as you did and this IA sample really helped me resolve it. I hope the link would be able to help you! http://bit.ly/hkexcelFREEiaSharing is caring Reply Link to post Share on other sites More sharing options...
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