Your work should be informed and supported by the appropriate literature. Your research (or reading) of this literature informs your analysis, arguments, critique, conclusions etc. Therefore, the quality of your research will directly influence the quality of your work. In academia, the “appropriate literature” means that you should be principally researching scholarly sources.
Examples of scholarly sources include:
• academic journals
• university working papers/publications
• international economic organisations’ articles and reports (eg OECD and World Bank)
• Central Bank articles and reports (eg Reserve Bank of Australia).
Examples of high quality sources of relevant data would include RBA, ABS and OECD.
A common theme of all of the above published literature is that it is peer reviewed. Peer review is a process that is used to ensure that published work represents the best scholarship currently available (and is also technically correct, not misleading, etc). In contrast, non-peer reviewed literature represents the opinion of the author with only her/his guarantee that it is the best work possible.
Reliance on non-scholarly sources as part of your research is to be avoided. Examples of non-scholarly sources include:
• newspaper reports
• magazine articles
• non-peer reviewed articles and reports (be careful of private consultation reports, political papers, etc)
• subject based dictionaries and/or glossaries (including Wikipedia)
• personal blogs/websites.
Non-scholarly sources do have a role. As a matter of course you should be informing yourself about contemporary issues by reading a range of non-scholarly sources (eg by reading the newspaper). Within non-scholarly sources there is a hierarchy of more acceptable publications that you should engage with: these include good quality newspapers (eg Australian Financial Review and Sydney Morning Herald) and specialist magazines (eg The Economist).
Similarly, Wikipedia can be a great starting point for looking up definitions or getting an overview of a subject. However, using Wikipedia as a key source in your work simply demonstrates that you have failed to engage in the challenging, but rewarding, academic exercise of researching high quality scholarly resources.
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