Guidance for Research for M.Phil/Ph.D Economics

Writeup based on summary by Maaz Javid — the AZ Students blog is meant to be managed by students —

Asad Zaman's avatarAn Islamic WorldView

A lecture on general guidance about research work was given by Dr. Asad Zaman on Jan, 2017 to MPhil Students at PIDE.  In this lecture, he emphasized the students to get to know their true potential and how to use their energies in right direction. Main points that were discussed in lecture are given below. For a more recent lecture of advice to Ph.D. scholars who have cleared comprehensives and are starting work for their Ph.D. thesis, see: Guidelines for Ph.D. Students starting work on their thesis. The video lecture in URDU/English is linked below — an ENGLISH SUMMARY of the lecture, with links to related materials, is below the video [shortlink: bit.do/azgrm]

A 1200 Word ENGLISH summary of the lecture is given below

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PhD Thesis Write-up Guidelines

Notes by Maaz Javed and Aisha Irum

On a cup of coffee with the students of PhD batch 2016 last week, Dr. Asad Zaman discussed some major points regarding the PhD dissertation which the students are going to write in the coming months. He gave directions to the students regarding thesis writing specifically about how to manage time, choose topic and supervisor, mastering a particular branch of field with patience and complete determination. The discussion was started with the quote that “journey of thousand miles begins with a single step”. He said to complete a PhD thesis it is not necessary to be intelligent but consistent enough to take on the challenges he/she faces in completing this phase of life. Furthermore, he suggested us to study his IIIE Student Guide (https://sites.google.com/site/studentguideforproposalwriting/), which gives a complete guidance on how to start writing a research proposal. The main points of the discussion are given below.

First do Istikhara                                                                                            

The first and the foremost thing to take in any task is to get spiritual guidance. For this one must do Istikhara which means to seek goodness from Allah before doing an important task. This will make the seeker clear about all the confusions of heart and mind.

Journey of thousand miles starts with a single step

PhD thesis is really hard job to do due to its requirement of colossal amount of work that a scholar has to do within limitations that he/she is facing regarding various deadlines. To come up with a nice piece of work the key is to be consistent in work otherwise the cost of time and everything in life will not be covered. The task should be to divide big targets into small targets and to have the aim of achieving specifically a single target on daily basis instead of making plans for very high but unachievable targets. The key to triumph any big deal is to divide the tasks in many bits and do every piece of that task on daily basis. Although it’ll seems like very negligible amount of work but its accumulation will be great achievement indeed. Every single step is as necessary to get to the target as the target by itself because without these small steps nothing is achievable. Daily setting and attaining of small targets sustainably leads to huge triumph when complied. So small steps are essential to get to destination and this is what researchers have to do their PhD research work.

 Specified pint-size contribution is ample to fulfill degree requisite

PhD is a research degree which make student expert in any one specific branch of subject instead of what some people assume it to bring any breakthrough in their research. PhD research helps students in grasping all brass tacks of one particular field and to have thorough knowledge of that area. It’s not the case that PhD scholar has to come up with any enormous kind of newfangled research that has to face huge resistance by examiner but after having firm grip in one specific area only new comprehension and miniature modifications are ample to fulfill degree requirement.

Talk about what is being already discussed on the table

In line to this one shouldn’t start working on topic in which scholar or her supervisor doesn’t have command because any difficulty will lead to time and energy waste for both of them and may also lead to strain from top to toe if one get stuck somewhere and can’t find any way to unravel the problem. Plus it is enough to make adequate level of addition in literature by working in depth in one precise direction instead of going out of way of what’s happening in main stream. Making utterly new dimension is not as vital as getting to finishing point of PhD as soon as possible because all new research in firsthand field of area requires lot of time, energy and huge expertise and that’s not possible at this level. Going into exclusively new direction and coming up with breakthrough research is like bringing up with completely opposite direction of topic than what is being discussed at table by all the participants that will for sure have to face resistance and people will also feel bad about it.

Parallel search of topic and supervisor that complement each other

It’s necessary to select topic according to your interest but along with interest two other things are also crucial. One must choose topic and supervisor in parallel means that topic should be as per interest of supervisor and that supervisor must be chosen who can help in that specific topic. Both of these are really important and must be chosen wisely otherwise if student stuck at later stage due to any of these two then it is not possible to start by switching any of these two options.

Be ambitious but not overambitious

To be ambitious is good as well as necessary for research work as student get stuck at many places during research phase plus if he/she is not ambitious then it’s really difficult to come up with solutions of problems. Here ambitious means to choose a topic on which student can have command, can find out gap and do work to fill that gap within given time frame. During PhD one must not be overambitious because then one will get to choose the topic that is beyond one’s capacity to comprehend, to cover up the gap that one describes or aims to fill up and also can’t finish the research work in right frame of time. So these overambitious targets must be left for time after getting done with PhD research otherwise it’ll cost huge to scholar.

Be master of one specific branch of subject

PhD research requires from student to be master of one explicit branch of subject but doesn’t oblige for the entirely new and massively vast research. As discussed earlier student must not come up with exclusively firsthand idea that is difficult to be accepted by examiner but should go in-depth in already established field and try to do little improvement in it. For this purpose she must read at least 150 articles on one specified topic and after doing it she’ll have command on topic more than anyone and can go for little improvement in chosen area. This is what PhD requires from student but being overambitious may result in delay of degree, cause hurdles in approval of research idea, student may get succumb at point when she stuck at some point and will also lead to mental stress. So the student has to go into one specific area and read as many articles as she can, get expertise just on that, find out some gap or space for improvement in it and do it in little steps on daily basis with consistence.

Write a complete Literature Review (not Annotated Bibliography)

As already discussed above that a researcher needs to read at least 150 articles on his/her topic in order to find a gap. In order to remember what every article contains, one needs to write a short note of who has written the article and what is the content of the article. This is called annotated bibliography. But one starts writing a research proposal annotated bibliography is not the right way to complete the chapter of Literature Review. In that case one must make connections of the different studies/articles, the themes and ideas being discussed. Random list of articles which are not related to the research question must not be discussed in the research proposal.

Here it is worth noted that annotated bibliography is different from literature review as annotated bibliography has detailed summary of articles those are in align with research area but in literature review each sentence must be linked to purpose of your study. It must be noted in literature review must contain only related information, which helps in building an argument, is necessary but all other detail must not be included.

Avoid Plagiarism

The most focused point of the discussion was to avoid copying material of others in the research proposal and thesis. Mentioning/copying something without citing its source is considered plagiarism even if it is a single sentence. Even more important, the process of understanding something, absorbing it, and then re-expressing it in your own words leads to substantial improvement in understanding, while cut-and-paste is usually done when student does not understand the material.

All these points if followed will help a scholar to complete his/her PhD in no time with least amount of hardships faced. Consult the Student Guide for the thorough understanding of how to choose topic, annotated bibliography, literature review, methodology, data sources and references. Student should also develop their own Google site and upload the annotated bibliography of articles and all related material there and provide link on WordPress blog under heading of Currently Underway theses. Students are advised to prepare annotated bibliography of at least an article a day, upload it on their personal website and link it to WordPress blog.

 

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Change of Purpose for this Blog

Dear Blog members/viewers

Initially, I had in mind that this blog would be used for my Experimental Economics Course. Also, anyone else who was interested in this topic was welcome to join and participate. HOWEVER, I have conducted the course without using this blog, for several reasons, and in the meantime, this blog has not been used much. The experimental economics materials are organized at  https://bit.do/ee2018 — this is the current, ongoing course, which is based on the Holt & Davis textbook Experimental Economics, and deals with conventional MicroEconomic Theory topics. A previous course on experimental economics, which was focused more on Experimental Game Theory is organized at https://bit.do/ee2012.  I am now devoting this blog to a NEW specialized purpose.

Recently, I have launched a new initiative, to guide students who are CURRENTLY working on their Ph.D. Theses — not necessarily under my supervision. This blog will be meant PRIMARILY for these students. I will give these students a high level of administrative control of this website, so that they can create their own pages an posts. All students starting to work on Ph.D. theses are strongly recommended to read my previous website: IIIE Student Guide — this provides advice on how to prepare a proposal for an M.Phil Thesis, but a lot of the material is directly relevant for Ph.D. thesis as well.

For OTHERS (not my students, and not thesis writers), I strongly believe that knowledge should be freely shared with all, and so I am happy to let them view the blog — but they should remember that this is a teacher student blog for a very special purpose; they should only make RELEVANT comments or ask RELEVANT questions which would be of interest to the group as a whole.

All — my students and others — are INVITED to join my recently launched Islamic WorldView Blog, and participate in the discussions by commenting. Three recent posts are linked below. There is also a discussion about how to construct a syllabus for Islamic Economics, most recent post in which is: Questioning ALL of Economic Theory? This provides links to previous posts/emails.

1: The Conquest of Knowledge: Explains how colonization leads to conquest of minds, and freedom requires freeing our minds from the invisible chains which bind our thoughts. .

2:  The Search for Knowledge: Explains how Islamic conceptions of what is knowledge differs radically from Western ideas. According, research methodology — HOW we search for knowlege – must also be radically different in the two separate traditions.

3:  Economics for the 21st Century: The battle between science and religion in the West caused serious distortions in their views about knowledge in general, and about the nature of economics in particular. These mistakes have been built into the foundations of economics, which is why economists have provided advice and supported policies which has collapsed many major economies. Correcting these mistakes is required in order to build an economics which will be viable for the 21st Century.

 

Talk/Discussion with PIDE Students

Asad Zaman's avatarAn Islamic WorldView

On Thursday, Mar 22, PIDE Students group Pakistan Study Circle organized a talk by Dr Asad Zaman, VC PIDE on topic “Stop Blaming, and Start Taking Responsibility” followed by question/answer session. The talk and discussion were in URDU. Some of the key points covered in the talk were: (shortlink: bit.do/pide01)

  1. Our current mindset: Strongly influenced by capitalist media. Thousands of wrong ideas about life have been planted in us. These false ideas poison our minds and hearts. Purification (Tazkiya) is needed.
  2. One of the biggest wrong ideas is that the purpose of life is to earn money. This is what turns us into wage-slaves. We are willing to be bought and sold for money, and we think that our lives can be paid for by someone who offers a high salary. We can do anything — even killing babies — for the sake of money. (see video lecture…

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Re-Learning History

Asad Zaman's avatarAn Islamic WorldView

The education we receive, the fiction we read, the movies we watch, and so many other modern media which shape our minds, all indoctrinate us into a Eurocentric mindset and worldview. This way of thinking pervades the corners of our minds and influences how we think about nearly everything. It is not one wrong idea, but thousands of wrong ideas which we need to remove, in order to be able to think clearly about the world we live in. This is why de-toxification — replacement of the European WorldView by coherent and sensible alternatives — cannot be done in one step. My articles and posts are meant to challenge conventional views in many different areas.

One of the central pieces of the European worldview is the “White Man’s Burden” story. According to this story, the Europeans embarked on global conquest, colonization, and imperialism, because they realized that they were far…

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Talking Truth to Power: Hoda Katebi

Our minds are shaped by the “Simple Narratives” that we accept, because we do not READ enough to be able to see through them.

Asad Zaman's avatarAn Islamic WorldView

I was extremely impressed at the brilliant performance of Hoda Katebi, during the course of a hostile interview. She produced a rapid fire series of truths which completely contradicted the pre-conceptions of the Islamophobic interviewers, and upset their plans for gaining cheap publicity by maligning Islam and Muslims. Instead, she was able to provide simple arguments to reject their biased views, and point to the source of the problem as the imperialist and colonialist power of USA, which was built upon the back of black slaves, after the genocide of the native population. Her performance is impressive because it was spontaneous — She was supposed to be interviewed about her fashion blog, but the questions were changed, and could easily have flustered her and led to confusion. But she remained calm and cool, and produced brilliant answers, short and to the point. The five minute interview is linked below:

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The Second Crisis of Knowledge among Muslims

Asad Zaman's avatarAn Islamic WorldView

14 Centuries ago, Islam Created A Revolution in the world. Teachings of Islam catapulted ignorant and backwards Arabs to world leadership. The teachings of Isalm led to the creation of a unique civilization which dominated the world for a thousand years. [shortlink for this post: bit.do/az2ck – older az2nd]

The QUESTION of BURNING IMPORTANCE IS: Are these teachings relevant/valuable today? The answer, given in the ten-minute video, is also presented in the 1000 word summary below:

 

1000wd summary of Second Crisis of Knowledge:

Do the teachings of Islam have the same power today as they did 1400 years ago?

Unfortunately, Muslims today think that these teaching are NO LONGER relevant. They do not have the same power today to transform our personal lives and world, like they did 1400 years ago. It is indeed true that “Islam came as stranger, and will become a stranger” –…

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Lec 3 S&D and ODA

Dear Students — Due to technical problems, the first hour of recording was lost. The last hour of the recording will be made available shortly. The lecture slides are available from the website page for this lecture at Exp Econ 2018 Lec 3 ODA & S&D. I could re-record the first part of the lecture. But a more educational experience would be for the students to take the slides as the base and write out the lecture notes for each slide. There are 25 slides, if each student takes 2-3 slides and writes out from memory the detailed explanations given in class, that will create a baseline lecture. THEN I can polish it an finalize it so that we have a written lecture, instead of a recorded one. I would like to ask Nisa to organize this, and arrange to assign a few slides to each student to write up the notes — keep record of who is doing what in a central place.

NEXT lecture (maybe two) will CONTINUE with material from CHAPTER 3 of Holt and Davis text. Please read this carfully, we will cover it thoroughly

 

The Education of an Economist

Asad Zaman's avatarAn Islamic WorldView

In our PhD Economics program at Stanford, we learnt nothing about the history of major economic events of the twentieth century. Instead, we were taught the rather arcane and difficult skill of building models. In order to analyse what would happen in an economy, we learnt that you have to construct an artificial economy, populated by rational robots called homo economicus, who behave according to strict mathematical laws. At no point in our studies were we asked to match what happens in our models with any events in the real world; it was assumed that the two always matched. This process of economic modelling permits us to provide exact mathematical answers to a vast range of questions one might ask about the economy. This is undoubtedly a powerful technique, which has earned economics the name “Queen of the Social Sciences”. Our poor cousins in political science, psychology, sociology, geography, and…

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Lecture 2: ODA

As discussed in class today, I would like the class to run an ODA experiment on volunteers, to try to replicate the standard results that are obtained when this experiment is run. I would like the class to LEARN how to run experiments, and to understand and report results. In this connection, the following book is extremely useful guide to running experiments:

Cassar & Friedman: Economics Lab: An Intensive Course in Experimental Economics . Students should study this book on their own — as we will be running a lot of experiments this semester, so the basic ideas on how to run an experiment should be clear. NOTE also, that many experiments will be such that the results could be publishable; it would pay to learn how to conduct experiments like a professional.

For this FIRST assignment, read the instructions for the ODA experiment in your textbook. I am also linking a document “Experimental Economics in the Classroom” by
Charles A. Holt and Tanga McDaniel, which provides more instructions on how to do a large number of experiments, including ODA, which we will be doing later.

The Google Website for the course is Experimental Economics 2018. (shortlink: bit.do/ee2018) The video lecture for lecture 1 has already been uploaded, and lecture 2 will also be available soon, insha Allah. Similarly, each lecture will be uploaded and the lecture page will also contain links to related reference materials.

Before next class, i would like students to replicate the ODA experiment and report on their results.