To what extent did the minimum support price (MSP) of Kharif crop (cotton) impact the living standards of Maharashtra, India (2019-2023)?

January 2, 2024January 2, 2024 Discipline: Economics

I want this research paper to be very analytical, please do not make it descriptive. Use economical terminology everywhere and include mathematical calculations as well. Follow International Baccalaureate (IB) Extended Essay guidelines to write this. Include economic theories and diagrams to explain how the MSP on cotton has improved living standards in Maharashtra from 2019-2023. Use economic theories from the International Baccalaureate economics HL syllabus and from outside the International Baccalaureate economics HL syllabus. I have attached my extended essay draft, which you need to improve on, and I have attached my supervisor’s feedback too, please include all the feedback and improve on my essay. I have also attached an existing economics extended essay that recieved an A grade from IB, for reference, please follow it’s format as I too want an A grade on my essay.


Below is the checklist of everything that should be included:


Criterion A:


  • Interim evaluation: Pros and cons after every paragraph + mini conclusion

  • Don’t describe the Research methodology, explicate the outcome of it- what needs to be taken care of in further research

  • Include secondary and primary resources- pilot study

  • Establish factors of the Research question

  • Focus on what you’re researching


Criterion B:


  • Economic Terminology

  • Application and Analysis of economic theory- diagrams and data

  • Follow the correct (academic) vocabulary

  • Every economic theory must have quantifiable data


Criterion C:


  • Question the applied theories and their relevance

  • Extent of effectiveness in answering the question

  • Appropriate research- stick to the research question’s focus


Criterion D:


  • Reference and citation – reference list

  • Appendix

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