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1 ResearchMethodologyinAppliedEconomics Dr HwangJawLeeVisitingProfessor CARDZhe JiangUniversityApril3 2003 2 Wedoabetterjobofteachingtheoryandtoolsthan teachingtheiruse Studentsneedmoretrainingintherelevanceandapplicationofthetools COMMISSIONONGRADUATEEDUCATIONINECONOMICE AmericanEconomicAssociation 1991 3 Researchmethodologyprovidestheprinciplesfororganizing planning designing andconductingresearch Thecentralreasonforstudyingresearchmethodologyisthatitprovidesatime tested provenmeansofproducingnew reliableknowledge 4 Economicresearchmethodologyis inasense scienceandartofeconomicsrolledtogether withitsgoalbeingtobothexpandourknowledgeandmaketheknowledgerelevantthecontemporaryworld 5 Doingresearchentails planninganddesigntheresearchimplementingandcompletingtheanalysisdisseminatingtheresultsoftheresearch 6 Twoaspectsofeconomicresearch Discovery dealswithformulating finding andcreatingnewknowledgeorinformation alternativeavenuesofexplorationandthelikerequiringquestioning probing pursuingacreativeprocessanartsideofdisciplineConfirmation dealswithdiscerningthevalidityorreliabilityofknowledgeorinformation the science sideofdiscipline 7 TheDefinitionofResearch Webster sCollegiateDictionary 1977 studiousinquiryorexamination esp investigationorexperimentationaimedatthediscoveryinterpretationoffacts revisionofaccptedtheoriesorlawsinthelightofnewfacts orpracticalapplicationofsuchneworrevisedtheories 8 AndrewandHildebrand 1982 theorderlyprocedurebywhichmanincreaseshisknowledge GhebremedhinandTweeten 1988 theapplicationofthescientificapproachtothestudyofaphenomenonLeedy 1985 themannerinwhichweattempttosolveproblemsinasystematicthevalidityofthesolutionstoproblemsothershavepresumablyresolved 9 Researchisthesystematicapproachtoobtainingnewandreliableknowledge 10 ClassificationsofResearch Basicvs AppliedResearchDisciplinary Subject Matter andProblem SolvingResearchAnalyticalvs DescriptiveResearchQualitativevs QuantitativeResearch 11 12 TheDefinitionofMethodology Webster sCollegiateDictionary 1977 abodyofmethods rules andpostulatesemployedbyadiscipline theanalysisoftheprinciplesorproceduresofinquiryinaparticularfield 13 SchematicoftheResearchProcess 14 Guidelinesforhelpingyoutobecreative Gatherandusepreviouslydevelopedknowledge Exchangeideaswithotherpeople especiallyyourcolleagues Captureyourintuitionbyapplyingdeductivelogic Cultivatetheabilitytolookatthingsinalternativeways Questionorchallengeassumptions Practicesearchingforpatternsorrelationshipsamongoccurrencesorthings 15 Donotbeafraidtotakerisks Cultivateadegreeoftoleranceforuncertainty Allowyourcuriosity Whenyouareunabletoresolveatroublesomeproblem tryabandoningit atleastinyourconsciousmind forawhile Disciplineyourselftowritedownyourthoughts Createsituationsinwhichyouhavefreedomfromdistraction 16 TheSearchforQuantitativeEconomicKnowledge ThePostulationApproach logictoobtainknowledge 17 TheExpe
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