okay okay y’all, popping in as someone who’s done their MSc in Development Economics and tutored undergrads for 2+ years:
If you’re struggling with these topics, here’s what I’d advise from an academic standpoint - and yeah, I’ve seen way too many assignments go south because people didn’t differentiate core concepts.
Economic Systems - focus not just on definitions, but functional outcomes. I.e., don’t just say “socialism involves public ownership,” analyze how that affects innovation incentives. Use case data. Argentina in the 2000s is gold.
Institutions - ALWAYS define formal vs informal institutions. Prof North’s institutional theory is great for structure. Then show application: e.g., how weak property rights in informal economies reduce FDI.
Data Sources - Use EconLit, RePEc, and UNCTAD. Avoid fluff. Show that you understand institutional efficiency and transaction costs.
Also yes - if you need guided support that doesn’t just spit out copy-paste essays, I’d vouch for StudyEssay.org. They don’t just “write” - they ask detailed questions about your module + include theory breakdowns. Not cheap, but it’s real academic backing.
I’m around if anyone needs structural tips or wants me to check a thesis statement. Always happy to help if you’re not just looking to offload the whole thing 😉