Economic Extended Essay Question

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Some of these questions are good, but some questions are too broad in their focus.

A good research question is essential to a good Extended Essay. Any research question must be answered within the 4000 word limit, and therefore needs to be limited in both scope and economic content.

In recent years, Singapore has provided plenty of original topics relating to recessions and government interventions.

Some of the recent research questions from my students include…

It has relevance to the economic concepts of demand and supply, elasticity, inflation and monopolistic competition.

This topic is worthy of investigation because it is a hot media topic in Singapore, and is widely debated in the country because it’s the most expensive household asset.[2] My focus question of this extended essay will be |To what extent does the Singapore Government’s policies on housing and immigration, help to increase the demand of the private | |property sector in the housing market?To simply state that,the intervention has lead to an increase in demand is too basic.A good essay includes an innovative range of data, which could be either from a secondary or primary source, but preferably both.A question which focuses on consumers in Singapore is in my opinion too broad.Selecting a cohort of consumers, such as working age males, would be a more focused approach.Students can sometimes compensate in an essay with lots of secondary data by showing examples of in-depth analysis that makes links between separate pieces of secondary data.A survey of movie attendance during a recession, checked against secondary data on movie takings and consumer incomes will provide sufficient resources to analysis.Economics and Business Management seem to be common subject choices and I regularly supervise 4-5 students each year.Students pick topics which are either related to Singapore, or a country where they call home.For example, an explanation of market failure could include links to elasticity but shouldn’t go any further to explain effects on economic growth, or inflation.The way the research question is phrased is equally important.

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