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How to build empirical modeling for economic dissertation research

Empirical research is actually explained as type of research in which the conclusions for the research being performed are derived from the empirical evidences or the evidences that can be verified. Thus, it can be explained that it is research where evidence is not assumed rather they are derived from strong and valid evidence. In order to perform empirical modelling it is necessary to collect empirical evidences which are collected by two primary research methods:<br>Qualitative research methods <br>Quantitative research methods<br> <br>Contact:<br>Website: www.tutorsindia.com<br>Email: info@tutorsindia.com<br> Whatsapp: 91-8754446690 <br>Uk: 44-1143520021<br> <br>

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How to build empirical modeling for economic dissertation research

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  1. HOW TO BUILD EMPIRICAL MODELING FOR ECONOMIC DISSERTATIONRESEARCH AnAcademicpresentationby Dr.NancyAgnes,Head,TechnicalOperations,TutorsIndia Group www.tutorsindia.com Email:info@tutorsindia.com

  2. Today'sDiscussion OUTLINE Introduction Empiricalmodelling Statethepurpose ofresearch Gather significant references and literatures Createhypotheses Planningmethodology,researchdesignand gatheringdata DataAnalysis Conclusion

  3. Empiricalresearchisactuallyexplainedastypeofresearch in which the conclusions for the research being performed are derived from the empirical evidences or the evidences thatcan be verified. Thus,itcanbeexplainedthatitisresearchwhereevidences are not assumed rather they are derived from strong and validevidences. Inordertoperformempiricalmodellingitisnecessaryto collect empirical evidences which are collected by two primaryresearch methods: Qualitative research methods Quantitativeresearchmethods Introduction

  4. Empirical modelling is based on the fact of collecting information by employing the evidences which are collected either through observing a certain phenomena or experiencing an activity or evenbyusinganycalibratedinstrumentwhichcanprovide accuratemeasurement . Empirical modelling As can be perceived from the above mentioned data that the experiments and observations are necessary to gather data and thenverifythem withthe conclusionsobtained. Inamajorityofcasestheempiricalmodellingpracticeis employedforeconomicdissertationresearchduetoits dependence on gathering relevant data and deriving conclusions basedon it. Contd...

  5. Theempiricalmodellingisalsousefulbecauseitincreasestheprobabilityofgetting preciseresults . Therearesomestepsthatshouldbeconsideredforbuildingempiricalmodellingfor economicdissertation research . Asnoticedfromtheafore-mentioneddiscussiontheempiricalresearchisdependent onobserving andgathering results fromthe experiences. Thus, it becomes of paramount significance to perform the experiments used in dissertationcarefully and analysethem properly . The primary steps for building empirical modelling for economic dissertation researchare as follows: Contd...

  6. STATETHEPURPOSEOFRESEARCH In this part of the research the candidate should include the points that define the purposeoftheresearch,problemsoccurringorproblemstatement,significanceofthe research. Itshouldalsodiscusstheavailabilityofdata,timeetc. Alsoitshoulddescribeinbriefthebenefitsofresearchforthesociety. GATHERSIGNIFICANTREFERENCESANDLITERATURES Foreconomicdissertation,itisimportantthattheresearchershouldcollecttherelevant theoriesassociatedwhich canbe helpfulfor himtosupport hisfindings. Heshouldgatherrelevantliteratureswhichcanbeassociatedwithhiswork. Contd...

  7. Theseliteraturescanbeusefultounderstandandknowaboutthedifferentproblemsthatare facedby the other researchers. CREATEHYPOTHESES Creatinghypothesesisofparamountsignificancefortheresearcherasitwillbehelpful inidentifying the outcomethat can be obtained. Inordertoformulatehypotheses,thecandidatehastoidentifycertainvariablesthatare associatedwithhisresearchand assumetherelationbetween thevariables. PLANNINGMETHODOLOGY,RESEARCHDESIGNANDGATHERINGDATA Consideringtheempiricalmodellingforplanningeconomicdissertation,inthissection thecandidatehastodiscussthemethodologythatwillbefollowedforthe research. Contd...

  8. Heshoulddiscusstheexperimentalset-upthathewillbeusingforvalidating hishypotheses. Sincetheresearchisforeconomicsthecandidatehastodecidewhetherhehasto includeexperimental set-upor non-experimentalset-up. Alsothetechniquesusedforgatheringandanalyzingdataareneededtobepresented inthis section. Aftercompletingthedatagatheringprocess,theresearcherwillhaveempiricaldata whichcan be analyzedfor the research. Contd...

  9. DATAANALYSIS Aspertheempiricalmodelling,inthissectionthedataanalysisisperformedand researchercandecide thesuitablemethodfor hisresearch. Afteranalyzingthedatagatheredtheresearchercanconcludeifthehypotheses chosencan be acceptedor rejected. CONCLUSION Finally,theresearchercanconcludehisfindingsobtainedthroughanalysisofdata. Besides,concludingthefindingssomesuggestionsandrecommendationswhich supportthe researchcan alsobe madeby the researcher. Contd...

  10. Tosummarizetheempiricalmodellingforeconomicdissertationresearchcanbe explainedthrough the following: Figure1Empiricalmodeling

  11. Thus,empirical experimentsor phenomena. in brief as follows:Observing the phenomena and discussing the purpose modelling can be described of carrying out such Obtainsomeconclusionandderiveresultsfromthedatacollected. Validatethedatagatheredusingdifferenttechniques. Alsoprovideasnippetofthetechniquesused. Alsoverifythedatainaccordancewiththehypotheses. Contd...

  12. Presenttheresultsanddiscusstheconclusionsmade. Alsodiscusssomelimitationsandfuturescopeoftheresearch. The empirical modelling for economic dissertation actually seems to be a practically more feasible solution as it makes the research conducted genuine, since it is based onthe data gathered andanalysed. On the other hand, building empirical modelling is a time-consuming process and mightmake the researcherdeviate from hisgoals.

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