1.
Citing
examples, discuss the role of research in socio-economic development (10 Marks)
Socio-economics is the
study of the relationship between economic activity and social life. In many
cases, however, socio-economists focus on the social impact of a specific kind
of economic change. Such changes might include displacement of people due to a
closing factory, village-to-city migration, market manipulation and even the
signing of trade treaties, etc.
The goal of a
socio-economic study is generally to undertake an impact assessment and bring
about socio-economic development, usually in terms of improvements in metrics
such as GDP, life expectancy, literacy and/or levels of employment.
Role
of research in our society
Knowledge
expansion: We do research to
find out more. The greatest usefulness of research we
can say is the production of new knowledge over the existing
one. Knowledge, then, is dynamic and growing.
Let’s imagine that since
1900 no research had
been done, how would we live in the 21st century? We would still ride in
wagons, infant mortality would be enormous, we would die from tuberculosis and
measles, we would not have television and much less the Internet. I
Know
the truth: Doubt and disagreement are the great promoters of
many investigations. The knowledge of the truth, of how nature works, of
how to explain our reality is largely the product of researchers dedicated to
satisfying their questions.
From the investigations
of Lynn Margullis (1938-2011) the endosymbiosis theory could be
established as the origin of eukaryotic cells. She showed evidence
that prokaryotic organisms established symbiotic relationships and from there
arose eukaryotic algae and plants.
Hydrogen is the most
abundant element in the sun and other stars. This fact was discovered by
Cecilia Payne-Gaposchkin (1900-1979) in her astronomical research. Importance
Improve
Life Quality: Electricity is essential in our daily
routines. Less than 300 years ago it was a phenomenon unknown to most of
the population. Starting with
Benjamin Franklin’s famous experience of the lightning bolt and kite, going
through the invention of the light bulb by Thomas Edison and the creation of
electric generators, it is unthinkable to be able to live in our modern societies without
electricity.
Explore
history: The investigation in this case is based on
investigating what the past was like and the events that led us to the present
moment.
For example, the
disappearance of the Mayan civilization is
one of the greatest mysteries in history. Through archaeological searches,
several theories have been proposed to explain what happened to the Mayan population hundreds of years
ago.
Fix
errors: Many times we have made mistakes due to lack of research. One
of the most regrettable recent cases is that of thalidomide. Due to lack
of research on the effects of
this drug on fetal development, thalidomide was prescribed to pregnant women
between 1956 and 1962 to reduce the discomforts of pregnancy.
Shortly thereafter, the
use of thalidomide during pregnancy was found to affect
arm and leg development in children. Thanks to this event, drug research on
fetal growth became mandatory before its commercialization
Favor
the progress of humanity: Humanity has benefited enormously
from research work, mainly in the
area of health and hygiene.
Jonas Salk (1914-1995)
was the doctor and researcher who discovered the vaccine against polio, a disease produced by a
virus. In 1951, Salk injected dead polio viruses into volunteers,
eliminating the danger of the person being infected. This vaccine stimulated the
immune system to produce protective proteins, called antibodies. I
New
discoveries: Contrary to what many believe, discoveries
and inventions do not happen out of nowhere. Behind every invention or
discovery there is a conscious search, in order to find improvements.
For example, bacteria defend themselves
against viruses using small pieces of DNA called CRISPR. The discovery of
the defense mechanisms of bacteria against viruses has
led to the development of DNA editing techniques, known as CRISPR /
Cas9. This technique has great potential in curing genetic diseases,
cancer prevention and resistance against plant
pests.
Role
of research in economic development
I.
Economic Planning and
Development: Social research provides insights into consumer behavior,
market preferences, and socioeconomic trends, enabling businesses and
governments to make informed economic decisions and investments.
II.
Sustainable Development Goals and
Economies: It explores how economies are able to meet SDGs? What models
(especially financial and market access models such as informal financing,
close market access and social capital) are working on achieving SDGs.
III.
Flexibility, agility and stability in
economic growth: Economic growth is a complex system consisting of diverse
components and activities, which are interacting and changing in different ways
over time. Scholars have a chance to explore evolutionary processes and complex
transformation in economic growth, with particular emphasis on the nature of
flexibility, agility and stability. This will help policymakers to prioritize
the public policies as well as accelerate growth strategies for their
economies.
IV.
Informed Decision-Making: Research findings
enable decision-makers to make informed choices about resource allocation,
investment priorities, and interventions that have a positive impact on both
social and economic outcomes.
V.
Human Capital Development: Research
on education, skills development, and employment trends informs strategies to
enhance human capital, aligning workforce skills with industry needs and
boosting economic productivity.
the
role of research in socio-economic development
Human
Capital Development: Research on education, skills
development, and employment trends informs strategies to enhance human capital,
aligning workforce skills with industry needs and boosting economic
productivity.
Fix
errors :Many times we have made mistakes due to lack of research. One
of the most regrettable recent cases is that of thalidomide. Due to lack
of research on the effects of
this drug on fetal development, thalidomide was prescribed to pregnant women
between 1956 and 1962 to reduce the discomforts of pregnancy.
Economic
Planning and Development: Social research provides
insights into consumer behavior, market preferences, and socioeconomic trends,
enabling businesses and governments to make informed economic decisions and
investments.
Informed
Decision-Making: Research findings enable
decision-makers to make informed choices about resource allocation, investment
priorities, and interventions that have a positive impact on both social and
economic outcomes.
Knowledge
expansion: We do research to
find out more. The greatest usefulness of research we
can say is the production of new knowledge over the existing
one. Knowledge, then, is dynamic and growing.
New
discoveries: Contrary to what many believe, discoveries
and inventions do not happen out of nowhere. Behind every invention or
discovery there is a conscious search, in order to find improvements.
2.Discuss
key features of distinction between social science research and research in
natural sciences (10 Marks)
Both research areas,
social and scientific, are crucial in understanding the social and natural
phenomena and generating new knowledge; however, there is difference between
social research and scientific research in many aspects. The purpose of a
research is to generate new knowledge. Scientists do research on the physical
aspects of the world whereas social scientists conduct researches to analyze
social behavior of human beings. In both cases, scientists use various methods
to carry out their work and these methods vary based on the research. Social
scientists use social research and this could be either qualitative or
quantitative or both. Scientific research is used in natural sciences and the
methods are mostly quantitative. However, both research areas are important in
understanding the natural and social phenomena
What
is Social Research
Social research is used
to investigate the behavior of humans in the social life. Lately, the research
methods of social sciences were developed to be more objective and scientific.
As mentioned above, social research is either qualitative or quantitative or
both. Qualitative approach can be seen in participant observation,
communication with research participants, etc. This approach is related to the
quality. The quantitative approach relies on statistical data and social
phenomenon is analyzed through countable evidence. This is related to the
quantity. At present, most social researchers use both these methods in their
findings and the research field is stepping towards the objectivity. The most
difficult thing related to social research is that sometimes the researcher’s
personal feelings may get involved in the findings and the research may be
subjective and biased. Nevertheless, with the new research methodologies now
the situation has been changed. The findings are more or less objective in many
social researches.
What
is Scientific Research
Scientific research is
connected with natural sciences like physics, chemistry, etc. In scientific
research also, scientists try to generate new knowledge. Here, researcher
investigates the phenomenon by using empirical and measurable techniques.
Scientific studies are mostly accurate and they are objective. Scientific
researches follow measurable analytical method and the specialty is that
anybody can repeat the same research anytime. Also, if there are some
modifications, scientist can change one or two variables and get the preferred
result. Scientific research usually starts with a hypothesis and then the
variables are tested in order to check whether the hypothesis is true or false.
If it is true, then the hypothesis may become a theory and if proved to be
false, it may leave out. When it comes to natural sciences, it is easy to do
predictions and tests unlike in social sciences
What
is the difference between Social Research and Scientific Research?
When we take both social
and scientific research, we can see that both subject areas try to be more
objective to get more accurate results. Also, in conducting the research, the
researcher should be unbiased and he/she should follow a systematical and
transparent path to get the intended result.
• If we look at the
differences, we see that social research is difficult to repeat because the
variables may change over the time whereas scientific research can be repeated
many times if necessary.
• Also, the results of
social research are subjected to change anytime with the change of considered
variables whereas scientific research result lasts longer.
• Moreover, the social
researcher has more chance to feel bias towards the subject area but in
scientific research this chance is very low.
• Social researches take
place within a society and scientific research takes place in a laboratory.
However, both research
areas are crucial in understanding the social and natural phenomena and also
they are significant in generating new knowledge in the world.
3.Citing
examples, distinguish between conceptual, empirical and theoretical frameworks
in research
A conceptual framework serves as a basis, for research by defining
and organizing ideas and variables. It establishes connections between these
ideas guiding the development of the research design. It also sets the scope of
the study by defining its boundaries and parameters. For instance, if we were
studying the impact of media on self-esteem the conceptual framework would
outline concepts like social media usage, self-esteem well as potential factors
that could influence them such as body image and social comparison.
Example
In the study examining the factors affecting customer satisfaction, the concept of strategy provides a good understanding of the main points of the study by showing the relationship between variables such as service quality, price, customer expectations and trust.
On the hand an empirical framework refers to how
research methods and data collection are practically implemented. It involves
gathering data and evidence to either support or challenge hypotheses or
research questions. This framework includes aspects like research design,
sampling methods, techniques, for collecting data and procedures for analyzing
it. In our examples context an empirical framework would involve determining
sample sizes selecting participants, administering surveys or conducting
experiments and analyzing any data collected.
Example To understand the effects of exercise on cardiovascular health, participants recommend the use of randomized controlled trials (RCTs), including the content of exercise, measurement of cardiovascular system symptoms (such as blood testing). pressure, cholesterol level) and statistical data method
Lastly a theoretical framework encompasses
theories, models or concepts that provide an understanding and explanation of
the research topic at hand. It offers a lens through which research questions
are explored. Theoretical frameworks may be derived from existing literature.
Developed specifically for a study.
In our example we can use
theories such, as comparison, self-concept and social influence to understand
how social media usage impacts an individual’s self-esteem.
Example
A theoretical framework that draws on feminist theory and human capital theory to explain the factors that contribute to the wage gap in a research project to investigate the gender pay gap A basis for interpreting the research. . A broader perspective.
4.Distinguish between research designs suitable for
quantitative research and those suitable for qualitative research (10 Marks)
Qualitative
and quantitative research are two
broad categories of research methods used in various fields, including social
sciences, psychology, market research, and more. They differ in terms of
purpose, method, data sources, and data analysis. Here's a breakdown of their
distinctions:
Purpose:
Qualitative
Research: The primary purpose of qualitative research is to
gain an in-depth understanding of underlying reasons, motivations, and
opinions. It aims to explore and describe complex phenomena, often focusing on
the experiences, attitudes, and perceptions of individuals or groups. It seeks
to uncover insights and generate theories from the data.
Quantitative
Research: Quantitative research, on the other hand, is focused
on numerical data and aims to establish patterns, relationships, and
cause-and-effect connections among variables. Its purpose is often to generalize
findings to a larger population and to measure phenomena in a standardized and
objective manner.
Method:
Qualitative
Research: Qualitative research employs methods such as
interviews, focus groups, observations, case studies, and open-ended surveys.
Researchers use these methods to collect non-numerical data in the form of
text, audio, or video, capturing rich and detailed information about the
subject of study.
Quantitative
Research: Quantitative research relies on structured data
collection methods, such as surveys with closed-ended questions, experiments,
or systematic observations. The data collected is numerical in nature, allowing
for statistical analysis and numerical representation of findings.
Data
Sources:
Qualitative
Research: Data sources in qualitative research often involve
human participants, and the data is typically gathered through direct
interaction with them. This could include interviews, focus groups, participant
observations, and field notes.
Quantitative
Research: In quantitative research, data sources can vary from
human participants to collected data from surveys, experiments, and existing
databases. The data is usually structured and can be easily quantified.
Data
Analysis:
Qualitative
Research: Qualitative data analysis involves interpreting and
making sense of the data in a subjective and context-dependent manner.
Researchers use techniques like thematic analysis, content analysis, or
grounded theory to identify patterns, themes, and insights from the data.
Quantitative
Research: Quantitative data analysis involves the use of
statistical methods and numerical representations to analyze data objectively.
Researchers use statistical software to analyze the data, calculate averages,
correlations, regression, and draw conclusions based on the statistical
significance of the results.
In summary, qualitative
research aims to explore and understand complex phenomena in depth using
non-numerical data, while quantitative research aims to quantify and establish
relationships between variables using numerical data. Each approach has its
strengths and limitations, and the choice between qualitative and quantitative
methods depends on the research questions and objectives. In some cases,
researchers might even combine both methods (mixed-methods research) to gain a
comprehensive understanding of the subject under investigation.
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N. I., & Teixeira A. A. (2021). Empirical literature on economic growth,
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G. M., & Krueger A. B. (1995). Economic growth and the
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R. (1997). Financial development and economic growth: Views and
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R., & Zervos S. (1998). Stock markets, banks, and economic
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