The subject of economics is all about finding your way to success through a taut route. You have to emerge victorious with limited assistance and resources; making the most of what you have. Clarity is thus imperative.
Suppose, you work on a dissertation on how to nurture the economy of a society; you have to pin-point the essential factors. This is supposing that the society is self-sufficient and cut-off from the general world so it cannot assume any help coming from external forces.
Now, you first have to ensure the existential factors – how it will sustain; eat and live. You then have to proceed on how to maintain warm relations between the residents and how to monetize the society. For this, you have to explore and analyze the residents for their strengths and then utilize them to maximum effect.
You may not have any problems gathering options for labor and land. The buzzword is production and in order to make sure that the production is consistent, you will have to think of timely incentives. You need to conduct methodologies in that vein; how people of a society can be kept perennially happy so their performance quotient is always on an upward curve.
You have to fathom the returns that may have viable global value. This may be in form of typical farming produce or an artistic excellence that has remained untouched. You also need to map out methods to market the strengths. For that, you again have to sample and survey as to what the general populace demands and how far it is willing to pay to get what it desires for.
The literature review has to assimilate the pertinent question that sprouts out of the conception of a hypothetical society. Your assessments have to be realistic, so that actual societies may pick pointers from here. This precept will hold true for the conclusion as well where you cannot leave any scope for speculations and whims.
For Economics’ sake, you have to trace and resort to credible resources to get well-read on the theme. Your citations; references and footnotes should be carved on a real platform to provide a stark contrast with the actual topic, which is rather schematic. You should also emphasize on the strategizing of distribution and consumption to make the dissertation assume a compact and wholesome circle.
It is harder to work on a tighter budget, but that is exactly what Economics teaches you.
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