Develop expression with economics terms and causation
Another important economics essay writing skills that students must refine is the ability to express their ideas and views by using specific economics terms. The purpose of using economic terms is to set the context of the essay in a more directional way to facilitate comprehension of answers for the examiners. These economics terms are taught at classes and organized based on the chapters that students have studied. For example, in the Microeconomics chapter on ‘demand and supply’, students are expected to apply the economics terms of ‘market equilibrium’ to express the view that the market is experiencing an economic condition whereby there is no change in the demand and supply factors, such that the market price and output are set.
At the start of every paragraph, students must apply the skills of causation writing to set a clear direction for their topic sentence. They can improve these skills by learning to congest ideas via the usage of noun phrases. Then, point elaboration is necessary to support the argument via the skills of process explanation. By using a systematic approach, students will learn how to show the contributing factors lead to the identified economic effects. For example, students will learn how to explain a reduction in oil output will lead to an increase in oil prices.
Show the changes in economic conditions by using diagrammatical illustrations
In some cases, students are expected to illustrate their points with the aid of economic diagrams. In the study of A Level Economics, economic diagrams are one of the crucial elements in understanding the changes in economic conditions. For instance, a demand and supply diagram will be useful for students to examine how changes in demand and supply factors contribute to the adjustments in the price and output of a specific good or service.
To excel in the JC economics essay writing component, students must undergo regular and consistent practice in drawing the economic diagrams. It is advised for students to develop an organized approach in carrying out the diagram illustration. For instance, the first step is to draw and label the two axes.
Following the completion of diagrammatical illustration, it is imperative for students to provide to the description of diagram to ensure that the examiners comprehend the flow of argument in this section of the economics essay. One useful method is to start the paragraph with the phrase ‘as seen from the diagram’. Then, students should explain how the contributing factors lead to changes in the curves and the eventual outcome. Also, it is important for students to allocate adequate space for the diagram and its description.