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Seminar in Economics Econ. 470
Chapter 3: Scientific Research
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Scientific Research Recall…..
Research: an organized, systematic, data-based, critical, objective, scientific inquiry or investigation into a specific problem, undertaken with the purpose of finding answers or solutions to it. Decisions based on results of well done scientific study tend to yield the desired results:
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Scientific Research 1-It follows a step by step process.
2- Scientific research focuses on: Solving problems-pursuing a method (logical, organized, solid). 3- Scientific research focuses on: identifying the problems, gathering data, analyzing them, and drawing valid conclusion. 4- Thus…Scientific research is not based on hunches, experiences and intuition.
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Hypothetico-Deductive Research
Example: The quality of education in Kuwait. Identify a broad problem area: Define the problem statement ( based on theory): Theory formulation: Develop hypotheses : Data collection: Data analysis: Interpretation of data:
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Hypothetico-Deductive Research
Example: The Budget Deficit in Kuwait. Identify a broad problem area: Define the problem statement ( based on theory): Theory formulation: Develop hypotheses : Data collection: Data analysis: Interpretation of data:
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Hypothetico-Deductive Research
Example: The Foreign Investment in Kuwait. Identify a broad problem area: Define the problem statement ( based on theory): Theory formulation: Develop hypotheses : Data collection: Data analysis: Interpretation of data:
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Hypothetico-Deductive Research
Think of your topic………Then follow the Seven-Step Process in the Hypothetico-Deductive Method Identify a broad problem area: Define the problem statement ( based on theory): Theory formulation: Develop hypotheses : Data collection: Data analysis: Interpretation of data:
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