Research Methods in Economic Science

Code: 3О14МИЕ · 10 ECTS · Economic Theory, Analysis and Policy

Field of study: EF-TE: Theoretical Economics

Course Objectives

Acquiring knowledge and skills about the methods and techniques of scientific research and their application. Preparation and presentation of scientific papers in scientific publications. Improving communication and teamwork with fellow researchers. Mastering the technology of a doctoral dissertation preparation.

Learning Outcomes

Demonstrate a systematic understanding of the methodology of scientific research and master research methods and techniques. Demonstrate ability to carry out original scientific research and to present the results through the publication of scientific papers in leading journals. Demonstrate the ability of critical analysis, evaluation and synthesis of new and complex ideas. Become trained to work in research teams and improve communication with colleagues from the same field, throughout the scientific community and society in general. Become trained to present and promote results of scientific research.

Course Content

Research approaches, strategies and planning. Describing the problem of research. Formulating hypotheses. Review of the literature (searching publications) and the process of developing the theoretical part. Measuring the economic variables and their operationalization. Research methodology: quantitative, qualitative and mixed. The application of appropriate research methods in: defining the problem, reviewing the literature, defining the hypotheses, data collection, data processing, data analysis, hypotheses testing, conducting discussions and presenting conclusions. Technology of development of the doctoral dissertation. Technology of development of scientific papers. Presentation of scientific results. Communication with fellow researchers. Teamwork.

Teaching Methods

Teaching is conducted through lectures, exercises, and study research work. Lectures include discussions that allow interactivity. As a specific aspect of teaching it is provided that doctoral students participate in research teams in projects conducted at the Faculty. Through pre-exam and seminar papers students should use and present certain scientific research methods in the analysis of some economic problems. During the teaching process the application of scientific research methods in leading economic journals will be presented.

Assessment Methods

Study research pre-exam paper and taking final oral exam.

Textbooks and Other Materials

Singh, Y. K. (2006). Fundamental of Research Methodology and Statistics. New Delhi: New age international publishers. Todorović, Z. and Todorović, I. (2014) The Technology of Scientific Research. Banja Luka: Faculty of Economics, University of Banja Luka. Ketchen, D.J. (2004). Research Methodology in Strategy and Management. New York: Elsevier. Blaug, M. (1992). The Methodology of Economics: Or How Economists Explain. (2nd ed.). London: Cambridge University Press.

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