Intro of Research - 1
Intro of Research - 1
INTRODUCTION
TO RESEARCH
RESEARCH = RE + SEARCH
Open minded
Nonbiased Essential
Capacity to take pains
qualities of
a
Creativity researcher:
Honesty
Courage
The role of Research in several fields of applied economics whether
related to business or to the economy.
Research provides the basis for nearly all government policies in our
economic systems.
To test hypothesis of a
relationship between
variables
Applied Research : it is associated with a particular problem or
project. It is concerned with real life. It aims at finding a solution for
an immediate problem facing a society or an industrial/business
organizations. Applied Research is the research that is designed to
solve specific practical problems or answer certain questions.
E.g., Human behavior, Economic and political trends, marketing
research. An investigation to identify the healing properties of a
specific herb. An investigation to identify the side effects of using a
particular drug.
Types of
Fundamental Research : It is original or basic . It is also known as
theoretical research. It may be entirely a new discovery of knowledge.
Research
The main objective of fundamental research is to produce knowledge
and understanding in relation to natural phenomena. Basic Research
refers to the study that is aimed at expanding the existing base of
scientific knowledge.
E.G. A study looking at how alcohol consumption impacts the
brain. A study to discover the components making up human DNA.
A study accessing whether stress levels make people more
aggressive. A study looking to see if gender stereotypes lead to
depression.
Descriptive Research: It includes surveys and fact-finding enquiries of
different kinds. Descriptive research is usually defined as a type
of quantitative research, though qualitative research can also be used
for descriptive purposes.
For example, a researcher researching the income of the employees
in a company, and the relationship with their performance. A survey
will be carried out to gather enough data about the income of the
employees, then their performance will be evaluated and compared
to their income.
Types of
Analytical Research :The research uses facts or information already
available and analyze these to make a critical evaluation of the material.
Analytical research is a specific type of research that involves critical
Research
thinking skills and the evaluation of facts and information relative to the
research being conducted. A variety of people including students,
doctors and psychologists use analytical research during studies to find
the most relevant information.
E.G Examining the fluctuations of U. S. international trade balance
during 1974-1995 is an example of descriptive research;
while explaining why and how U.S. trade balance move in a
particular way over time is an example of analytical research.
Analytical research focuses on cause and effect.
Laboratory research or simulation research: It depends on the
environment in which it is carried out.
Types
of Clinical or diagnostic research: It follows case study methods
or in-depth approaches to reach the root cause.
Research
Exploratory research: Exploratory research is a methodology approach that
explores research questions that have not previously been studied in depth. It is
often used when the issue you're studying is new .It focuses on development of
hypotheses rather than testing.
Exploratory studies usually create scope for future research and the future research
may have a conclusive design. For example, 'a study into the implications of
COVID-19 pandemic on the global economy’ . The goal of exploratory research is
to formulate problems, clarify concepts, and form hypotheses.
Quantitative Research: It is based on the measurement of quantity or amount. It is
applicable to phenomenon that is expressed in terms of quantity. Quantitative research
is the process of collecting and analyzing numerical data. It can be used to find patterns and
averages, make predictions, test causal relationships, and generalize results to wider
populations
Types Qualitative Research: Qualitative research relies on data obtained by the researcher from
first-hand observation, interviews, questionnaires, focus groups, participant-observation,
recordings made in natural settings, documents, case studies, and artifacts. The data are
generally non numerical. It is concerned with qualitative phenomena. This type of research
of designed to find out how people feel or what they think about a particular subject or
institution. It is important in behavioral sciences.
Research Conceptual Research: It is related to some abstract ideas or theory. Generally used by
philosophers and thinker to develop new concepts or reinterpret existing one. It does not in
experiments. E.g., motivational theories
APPROACHES
Qualitative Approach: It is concerned
with subjective assessment of
attitudes, opinions and behavior.
Focus group interviews, projective
techniques and depth interview are
used.
PROCESS OF RESEARCH:
FORMULATING
COLLECTING THE EXECUTION OF
THE RESEARCH
DATA THE PROJECT
PROBLEM
EXTENSIVE
DETERMINING ANALYSIS OF
LITERATURE
SAMPLE SIZE DATA
SUREY
10. INTERPRETATION
11. PREPARATION OF THE REPORT
The purpose of the
research should be clearly
defined, and common
concepts should be used.
Criteria of
Good
Conclusions should be
justified properly.
The procedural design of
the research should be
carefully planned to yield
results.
Research:
Challenges
Difficulty of timely Lack of coordination
availability of published between industries and
data educational institutions
faced by the
Scholarships or funding Overlapping of research
researchers:
constraints studies
Inadequate secretarial
assistance
Explain Explain the process of research with suitable examples .
Question
Discuss
Bank:
Discuss various types of research with suitable examples.
Objectives of research
Short • Importance of research
• Criterial of a good research
notes • Challenges of a researcher
• Essential qualities of a researcher
• Characteristics of research