Writing a good essay in economics requires you to provide an answer to the question set. This might sound obvious, but all too many students fall at this first hurdle. Rather than structuring their essay around a coherent argument that directly addresses the title of the essay, they try to cram in as much of the course material as possible. This is most definitely not how to write an economics essay.
First of all, then, you must make sure that you understand the question and spend some time thinking about its rationale, implications and parameters.
This understanding should then guide your reading, helping you to sift through what is and what is not going to be relevant in order for you to properly address the topic.
Consulting papers or books in addition to those on the recommended reading list will help you gain a broader perspective and demonstrate an ability to conduct independent research. This is highly recommended – but again, always make sure what you include is relevant to building your argument and answering the question.
It is the nature of economics that there is quite often no single ‘right' answer to a question. For this reason, it is important that you take into account opposing points of view and discuss different potential outcomes.
A good economics essay not only provides arguments and evidence for its claims, but also attempts to demonstrate why opposing views are flawed. Spend some time, then, thinking about possible objections to your claims and use of evidence. If you can refute such objections, do so; if you can't, you will need to revise or qualify your argument.
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