Evaluation and Judgment Techniques

This section delves into the crucial aspects of evaluation and forming effective judgments in economic essays. It emphasizes the importance of balanced analysis and evidence-based conclusions.

Definition: Evaluation is the process of directing examiner attention to your analytical approach and demonstrating critical thinking skills.

Highlight: Effective evaluation requires:

• Weighing evidence from multiple perspectives
• Considering both short-run and long-run impacts
• Analyzing effects on various stakeholders
• Questioning theoretical assumptions

Vocabulary: Short-run (SR) and Long-run (LR) impacts refer to the temporal dimensions of economic effects, crucial for comprehensive analysis.

The section concludes with guidance on crafting strong judgments that are:

• Well-balanced and reasoned
• Explicitly answer-focused
• Supported by evidence
• Considerate of multiple timeframes and stakeholder perspectives