In: Economics
Compare the differences between qualitative versus quantitative research method providing comparisons concerning techniques, operation, methods, sources, and constructed theory. Assess the development of theory explaining how theory is formulated, and evaluate the various types of methods needed to construct sound qualitative (nomological) metaphors and paradigms compared to the quantitative aspects of hypotheses design and the scientific methods used to build different types of theories. Recommend what research tools provide best practice in the identification, acquisition, evaluation, and application of different data types, outlining survey methods, use of primary versus secondary data and how third part data sources can augment both quantitative and qualitative research. Judge best sources of journals, the quality of these journals, and why these journals make the best primary sources of research. Create a new theory process and evaluate each stage in the theory development as described above offering critique to best practice in building new paradigms and hypotheses. Finally assess the concepts of truth in the scientific research process and how researchers must deal with truth in the structuring of new or extended theories providing proofs to the new theory compared to the definitions of truth.
Your answer content must provide a theoretical basis, review of tools, techniques, methods, and procedures covering relevant applications, examples, and inclusions of critical thinking as appropriate
Diffrences between Qualitative and quantitative research in terms of Technique Operations Methods Sources and Constructed Theory
Firstly Techniques for Qualitative and Quantitative Research differs in terms of Data Collection .In Qualitative Research Data is collected based on word of mouth Methods for this type of data collection varies from Group discussions to Individual Interviews to interpersonal surveys that provides the indepth detailed description of data
Unlike Qualitative Research ,Stringent Techniques for Quantitative research are followed for Data collection Methods varies from Structured Online surveys to questionnaires to pre-planned focus group interviews that emphasises on the Spontaneous response from the targeted sample .
Operations procedure for Qualitative Research relies on observation of Sample data from the sensory organs i.e. By hearing,seeing touching Wheras Quantitative research operations strategy relies on precise measurement of sample data by evaluating the various dimensions Of sample data quantity through various instruments.
Methods for Qualitative Research is non-statistical,purely based on observations only Whereas Statistical Methods are followed to quantify the Sample Data outcomes.
Need for the Development of Theory for Qualitative Research : When the researcher uses the Qualitative method for his Research subject which has lesser info about subject, Then the researcher choses to construct the theory using inductive method
Steps in Theories formulation
Theory-Abstract -Proposition- Construction- Concept -Sensation-Concrete
Theory is Incomplete without a Theoretical framework is the mechanism through which Theories gets a shape or a vision These are empirical in nature or Testable and applicable for the wide ranges of theories From a theoretical framework arises various “paradigms” such as post-positivist, constructivist, critical, feminist and post-positivist
A Paradigm is a shared knowledge that guides how to pursue the research in right way Construction of Paradigm evolves from Various assumptions about Reality, Theorotical Literature Review, Value systems ,beliefs and ethics principles.
A Paradigm and a sound qualitative metaphor is needed in qualitative research due to positive correlation between Particular paradigms and its methodologies. For example, quantitative methods will be employed with a positivistic paradigm whereas ,qualitative methods will be employed with a constructivist or interpretative paradigm .
In Contrast Hypothesis Design in Quantitative Research follows from the Predictions or the Research Questions that the particular Research aims to study It Is Testable in nature After The Hypothesis making researcher has a freedom in choosing various Quantiative Research framework from descriptive,correlational, quasi-experimental and experimental. depending upon the research design .
Survey Methods vs Primary vs Secondary
Primary Research is best for identification, acquisition, evaluation, and application of different data types as It involves Data collection by researcher itself whereas In Secondary Research we have to rely on other data sources
Journal Source is a very important element in establishing the causal relationship between Good Journal Sources that are open source are an added advantage for the researcher in Social Sciences Few Good Journals are Elsevier,Sage ,Jstor,Science Direct .