Open Resources | A Self-Study Guide for Young Economists

OPEN RESOURCES · SELF-STUDY GUIDES

Ask, find evidence, and judge like an economist

WYE Open Resources is a free economics self-study guide that needs no registration. Ten modules, from posing a question to publishing responsibly, then tools, competitions, and research identity. Every recommended database, textbook, and guide is a genuine, free public resource, linked directly to its official site.

You can help build this resource. Recommending resources, writing or translating guides, and proofreading are all genuine programme roles, joined through independent application.
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Library shelves and reading space W2 · OPEN RESOURCES
WYE OPEN READINGS · INTERACTIVE BOOKSHELF

Three shelves: practice, the knowledge system, and the journal

Interactive open readings compiled and published by WYE editors and volunteers. Students and volunteers alike may take charge of producing a topic, or initiate and edit an independent one.

Hover to draw a book from the shelf · Click to open and read

If your browser cannot open one — it will not load, the network blocks it, or you need to read offline — register a WYE account and download the archived file in your language from the forum library, saying which page failed in that title's thread.

Applications & Careers in Practice

From a first publication to graduate applications and career choices.

The Economics Knowledge System

Intellectual history, models, and the map of the discipline — a complete frame of reference.

The WYE Journal · Ongoing

A journal-style series expanded issue by issue: crisis events, Nobel models, student features, and more.

FULL GUIDE
How to write an economic commentary, paragraph by paragraph
A six-paragraph exemplar with per-paragraph annotations and a submission checklist — one prompt taken from hook to conclusion
Read the Guide →

The five parts of an economics essay

Good economic writing is not an accumulation of jargon; it explains one real question clearly.

1
A real question. Start from a phenomenon that puzzles you: why does it happen? Who benefits? Who bears the cost?
2
A defensible thesis. State your judgment in one sentence — specific, targeted, and open to refutation.
3
Evidence + interpretation. After citing data, say at once what it shows and how it supports your thesis. A few pieces of high-quality evidence explained thoroughly beat a long string of unanalyzed numbers.
4
Mechanisms and trade-offs. Explain how incentives shape behaviour; when proposing policy, say who implements it, what stands in the way, and how success is measured.
5
Limits and counterarguments. Acknowledge the boundaries of your evidence and take the strongest objection seriously — this makes the essay more credible, not weaker.
TRY IT
Which thesis is stronger?
{{ thesisFeedback }}
Free further study
· CORE Econ — Free open textbook The Economy 2.0, teaching economics through real-world problems, used as the introductory course at nearly 500 universities
· Marginal Revolution University — 900+ free short videos covering micro, macro, and data literacy
· Khan Academy Economics — Free micro/macro courses with exercises, paced for self-study beginners
· Concise Encyclopedia of Economics — A free encyclopedia of economics — check precise definitions before writing

Ten checks before you submit

The ten comments reviewers write most often. Going through them one by one removes most of the avoidable losses.

□ The central claim fits in one sentence, and sits at the end of the first paragraph
□ Every figure is followed by a sentence saying what it shows
□ Every data point traces to a specific source (institution, year, table number)
□ Nowhere does “as is well known” or “obviously” stand in for an argument
□ At least one strongest counter-argument is answered seriously
□ Causal wording matches the strength of the evidence (associated / accompanied by / causes)
□ Each paragraph makes one point, and its first sentence states that point
□ Every chart has a title, units, and a source, and the text interprets it
□ References are formatted consistently and match the in-text citations one to one
□ The AI-use declaration is filled in (state it even when no AI was used)

Writing references and tools

Economical Writing (Deirdre McCloskey) — the most recommended short book on economics writing: how to write clearly without losing rigour.
A Guide for the Young Economist (William Thomson) — how to write a paper, give a talk, and referee, for researchers just starting out.
Purdue OWL writing guide — Purdue’s free online writing lab, from paragraph structure to academic register.
Hemingway Editor — a free web tool that flags over-long sentences, passive voice, and convoluted phrasing.
Longman Dictionary of Contemporary English — check collocations and example sentences before committing to a phrase.

Honing a broad interest into a researchable question

A good research question is clearly scoped, involves real trade-offs, has findable evidence — and genuinely interests you.

Too broad
Researchable
“Study inequality”
After tuition rises, which income groups’ enrolment rates change most?
“AI and jobs”
Since generative AI spread, which entry-level roles show the clearest drop in hiring demand — and what is the evidence?
“The housing problem”
After purchase restrictions, what happened to local rents and neighboring cities’ prices?
The efficient order for reading papers

Abstract → introduction → conclusion → figures → (only if needed) method details. Decide whether a paper deserves close reading before investing the time.

Where to find the literature

Google Scholar — The first stop for academic search, filterable by citations and year
NBER Working Papers — NBER working papers — a main source of frontier economics research
SSRN — The social-science preprint platform, with many papers free to download
JSTOR — Journal archive; many school libraries provide access, and personal registration allows some free reading monthly
IDEAS / RePEc — The largest bibliographic database of economics, browsable by topic, author, and citations
Semantic Scholar — A free academic search engine that auto-summarises key points — good for rapid screening
Connected Papers — Enter one paper to generate a visual graph of related work and trace out the whole field
Zotero — Free open-source reference manager: save sources in one click and auto-generate APA reference lists
Judging source reliability: five questions first
① Who is the author, and are they qualified? ② Where is it published — is there editing or peer review? ③ Are the data and methods transparent? ④ Do other independent studies support the conclusion? ⑤ Does the author have a stake?

The five parts of a literature review

A literature review is not a list of the papers you have read. It maps what is already known about the question and points to the piece you intend to add.

1
Define the scope. State which question, which years, and which kinds of evidence you cover — and why you drew the boundary there.
2
Group by argument, not by paper. Sort the literature into a few positions or explanatory mechanisms, one paragraph per group.
3
Name the disagreements. Where findings conflict, say whether the difference comes from the data, the period, the method, or the definitions.
4
Find the gap. Which settings, regions, groups, or periods have not been studied? That is your entry point.
5
Return to your question. The last paragraph must say: therefore, the question this paper answers is…

Search technique: save yourself three hours

Precise search syntax
“minimum wage” in quotation marks → an exact phrase, instead of loose word matching
site:nber.org → search inside one site only
filetype:pdf → go straight to downloadable full text
2020..2026 → restrict the year range (Google Scholar’s sidebar does this too)
From one paper to a whole field

Once you find a paper that fits the question, do three things: read its reference list (going backwards); click “cited by” in Google Scholar (going forwards); and see what else its authors have written recently. Three steps usually cover the main literature on the question.

At a paywall: check OpenAlex or CORE for an open version. Many economics papers exist as working papers (NBER / SSRN) whose content is essentially the published version, free of charge. You can also write politely to the author and ask — a common request in academia, and usually granted.

Free public data starts here

All the databases below are free and maintained by official or authoritative institutions; you can chart, download, and cite them directly.

FRED

Maintained by the St. Louis Fed: 800,000+ US and international time series (inflation, GDP, unemployment, rates), with on-site charting, transformation, and download.

World Bank Open Data

Development indicators for 200+ countries and territories (poverty, education, health, GDP); many series reach back to 1960 — ideal for cross-country comparison.

Our World in Data

A nonprofit site produced with an Oxford-based team: 14,000+ interactive charts across 126 topics, with charts and data openly licensed (CC BY) for direct citation.

IMF World Economic Outlook

A macro-indicator database of broad, comparable coverage, with about five years of official forecasts.

UN Comtrade

The most detailed international goods-trade database — query bilateral trade in specific goods between any two countries.

National Bureau of Statistics of China

China’s official statistics platform, covering national accounts, prices, population, and employment in annual and monthly series.

Dig one layer deeper by topic
US official statisticsBLS (employment, CPI)· BEA (GDP, income)
EuropeEurostat (EU statistics)· ECB Data Portal (European Central Bank)
Long-run historical comparisonPenn World Table · Maddison Project (cross-country GDP per capita reaching back centuries)
Survey microdataIPUMS (census and survey microdata, free registration)
Global development visualsGapminder (animated bubble charts and datasets)
Free charting toolsDatawrapper (a newsroom staple; the free tier suffices)· RAWGraphs (open source)
TRY IT
I want to show… which chart should I use?
{{ chartTitle }}
{{ chartBody }}
Three rules of chart integrity
1Be honest with the y-axis: truncation exaggerates differences — if you must truncate, label it clearly.
2Label every chart’s source, time range, and units so readers can verify.
3Never let a caption claim more than the data supports — do not write correlation as causation.
Want systematic practice with real data? CORE Econ’s Doing Economics offers 12 free empirical projects using real data, walking you from data to conclusion step by step.

Correlation is not causation

Two things moving together does not mean one causes the other. Before claiming causation, screen for three common traps: confounders (a third factor drives both), reverse causation (the direction is backwards), and selection effects (the groups compared differ from the start).

QUIZ · SPOT THE TRAP
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How economists approach causation

Secondary students need not master these methods, but knowing they exist helps you judge the credibility of research you read.

Randomized controlled trials — a lottery decides who receives the policy; the group difference is the effect (as in cash-transfer experiments in development economics).
Natural experiments — exploit real events that behave “as if random,” comparing affected and unaffected groups.
Difference-in-differences — compare before/after and treated/untreated differences at once, netting out common trends.
Regression discontinuity — compare those who just cleared and just missed a cutoff, since they are nearly identical.
Want an introduction to these methods? MRU’s free course Understanding Data explains randomized trials, regression, instrumental variables, and difference-in-differences in short videos; MIT OpenCourseWare publishes MIT economics lecture notes and problem sets free; the J-PAL evaluation library collects over a thousand real randomized controlled trials — see how economists test policy in practice.
Writing reminder: the strength of your conclusion must match the strength of your evidence. With descriptive evidence write “associated with”; write “causes” only when the design is rigorous enough.

Citation: APA 7 quick reference

Citation is not a formality — it lets readers verify your evidence. The WYE Essay Prize requires APA 7th edition.

In-text citations
(Author, year) → e.g. (Smith, 2024); for institutional authors use the institution’s name → (World Bank, 2026)
Reference-list examples
World Bank. (2026). GDP growth (annual %) [Data set]. World Bank Open Data. https://data.worldbank.org
Autor, D. (2015). Why are there still so many jobs? Journal of Economic Perspectives, 29(3), 3–30.
Full rules and sample papers: the Purdue OWL APA 7 guide and the official APA Style sample papers. For quick single citations use ZoteroBib (free, no registration) — always verify the output by hand.

AI may be used — but transparently

AI can help you explore concepts, test counterarguments, improve structure, and check language — but it is a subordinate tool that cannot replace your argument, analysis, and final text.

The four elements of an AI-use declaration
① What tools were used; ② for what purposes; ③ which sections were affected; ④ how you manually verified accuracy and retained intellectual ownership. If no AI was used, declare “none” explicitly.
Three red lines (grounds for disqualification)
× Fabricating sources, data, or quotations; × concealing AI-generated analysis; × submitting substantial AI-generated text as your own work.

You are responsible for every claim, citation, calculation, and sentence you submit — including the parts AI helped write. AI fabricates plausible-looking references; verify that each source exists before citing it.

FURTHER GUIDANCE
AI use and declaration rules for WYE submissions
Which uses are allowed, where the declaration goes in the manuscript, and how editors treat an undeclared use.
⑥ AI platforms and a working method
Task by task: what to hand to AI, what you must do yourself, and prompt wording you can copy straight across.
The common types of academic misconduct (Plagiarism Spectrum)
A classification of plagiarism and improper citation, useful for checking whether your own referencing crosses a line.
COPE publication ethics guidance · AEA disclosure policy
Standard international practice on authorship, conflicts of interest and data availability.
If paid research or an internship is involved
International students must describe their own contribution just as honestly when reporting the work.

Using AI for economic and business analysis: platforms and a working method

Grouped by purpose; all of these can be started free of charge (some require registration). AI can speed up gathering data, writing code, and tidying up phrasing, but the research question, the definitions behind the data, and the final judgment remain yours — each group states the part you must verify yourself.

GENERAL AI ASSISTANTS
Claude · ChatGPT · Gemini
Read long documents, explain models and formulas, and turn scattered notes into a structure. Upload a PDF and work through it asking “what does this step assume”.
NotebookLM
Answers only within the material you upload and cites where it came from — useful when cross-checking a stack of papers or annual reports.
Verify yourself: whether every figure, quotation, and reference actually exists.
DATA ANALYSIS AND MODELLING
Google Colab
Run Python free in the browser: pandas for cleaning, statsmodels for regressions, matplotlib for charts, with nothing to install.
Kaggle
Public datasets with runnable notebooks; watching how others handled similar data is faster than a tutorial.
Posit Cloud (R) · Hugging Face
A cloud R environment for econometrics courses; ready-made models for text data.
Verify yourself: sample size, treatment of missing values, variable definitions, and units.
BUSINESS AND MARKET INTELLIGENCE
SEC EDGAR full-text search
Annual (10-K) and quarterly filings for US-listed companies. To analyse a company, start with the risk factors it discloses itself.
Google Trends · World Bank Data
A rough proxy for demand trends, and cross-country macro context.
BLS industry and occupation statistics · Census SUSB
Official definitions of industry size, employment, and wages — the base for any market estimate.
Verify yourself: whether the year, the geography, and the industry classification actually line up.
VISUALISATION AND WRITING
Datawrapper · Flourish
Upload a table and get publication-standard charts; the restrained defaults suit paper figures.
Looker Studio · Tableau Public
For interactive dashboards; note that work on Tableau Public is visible to everyone by default.
Overleaf · Zotero
LaTeX typesetting and reference management — a large saving when citations must be consistent.
Verify yourself: chart axis origins, units, and the source line under every figure.

Method: start from something you are actually doing

The same tools are used completely differently task by task. Pick one and see how the work divides — which step goes to the AI, and which step you must do yourself.

{{ aiTitle }}
GIVE TO THE AI
{{ aiDo }}
DO YOURSELF
{{ aiSelf }}
A prompt you can copy: {{ aiPrompt }}

Whenever any of these tools is used in coursework or a submission, declare it with the four elements set out under ⑤ Academic Integrity & AI.

Economics activities and competitions before university applications

A general list covering essays, team competitions, olympiads, modelling, and business. Eligibility, format, and deadlines change every year — always follow the current announcement on the official site. Two or three done deeply are more convincing than ten sampled lightly.

ESSAYS AND WRITING
RES Young Economist of the Year
The Royal Economic Society’s annual essay prize: short, with open questions — a good first economics essay.
Marshall Society Essay Competition
Run by the Marshall Society in Cambridge; questions lean theoretical and reward clear, self-consistent argument.
John Locke Institute Essay Competition
Has an economics category, longer word limits, and tests reading and the handling of counter-arguments.
The Concord Review
A history journal for secondary students; economic-history subjects are eligible, and the standard is close to an academic journal.
TEAM COMPETITIONS AND OLYMPIADS
National Economics Challenge
The US national economics challenge: micro, macro, and current-events rounds plus a final defence, in teams.
Fed Challenge
Play the monetary policy committee: recommend a rate using real data and answer questions on it — the closest thing to policy work.
International Economics Olympiad
Economics, financial literacy, and a business case, with national selection rounds.
DECA / FBLA case competitions
Business and marketing cases — practice at explaining analysis to a non-specialist audience.
MODELLING, DATA, AND PUBLICATION
MathWorks Math Modeling (M3) Challenge
A modelling report on a real social problem completed over one weekend; economic and policy questions are common.
Regeneron ISEF
Has a behavioural and social sciences category that accepts empirical economics research.
Kaggle Competitions
Public data competitions for practice in empirical and predictive work; entries go straight into a research portfolio.
Journal of Emerging Investigators
A peer-reviewed journal for secondary students that accepts empirical social science, with specific referee comments.
SUMMER PROGRAMMES AND BUSINESS
Wharton Global Youth
Wharton’s global high school investment competition and summer courses; requires a full investment strategy and client report.
Diamond Challenge
Entrepreneurial: a business concept plus feasibility analysis, with weight on user validation and unit economics.
LSE Summer School (Pre-University)
A UK economics summer course, useful as systematic catch-up — keep courses and competitions distinct in your own record.
The WYE Essay Prize and research pathway
This site: start from an official question and work up the graded pathway to a publishable manuscript.

WYE is not affiliated with, partnered with, or endorsed by any of the above, and does not handle registration for them. For anything with a fee, check the cost and refund rules yourself.

Economics institutions to apply to, read, and visit

Three uses, kept apart: international organisations that take interns and run youth programmes; think tanks and research institutes whose reports are worth citing; and centres and museums you can visit in person. Age and degree requirements vary widely — most internships require enrolment at undergraduate level or above, so read the eligibility rules before preparing anything.

INTERNATIONAL ORGANISATIONS (INTERNSHIPS AND YOUTH PROGRAMMES)
World Bank
Summer internships and the Young Professionals Program; public events such as the Youth Summit are usually free to register for.
IMF
Economics internships and research assistant posts, normally requiring graduate enrolment.
OECD
Policy research internships open to undergraduates, with high language requirements.
United Nations
Internships and volunteer posts across agencies; DESA is the most relevant to economic and development questions.
CENTRAL BANKS AND OFFICIAL RESEARCH
Federal Reserve Board
The research assistant (RA) programme — one of the main research routes after an economics undergraduate degree.
Federal Reserve Bank of Chicago
Regional Fed research departments and education programmes; several Feds hold open days for students.
Bank of England
Internships and research programmes, plus economics teaching resources for students on its site.
NBER
The working paper library: one of the most-used frontier sources when writing a literature review.
THINK TANKS AND RESEARCH REFERENCES
Brookings Institution
Policy commentary and research reports; internships open in several rounds a year.
Peterson Institute (PIIE)
International economics and trade policy, with high-quality charts and data appendices.
IZA Institute of Labor Economics
Labour economics working papers and data resources.
CEPR / VoxEU
Short policy commentary by European economists — a fast way into the argument on a topic.
CENTRES AND MUSEUMS YOU CAN VISIT
Chicago Fed Money Museum
Money and payment systems, free to enter, with group visits by appointment.
Federal Reserve Bank of Atlanta Monetary Museum
Monetary history and central bank functions, with guided tours.
ECB Visitor Centre
The European Central Bank’s visitor centre in Frankfurt; book in advance.
Museum of American Finance
Financial history collections and online exhibitions — usable source material for chapter activities.

All of the above is public information published by the institutions themselves; eligibility, opening hours, and booking follow their official sites. WYE does not handle applications and is not affiliated or partnered with any of them.

Building a research identity on Google Scholar

A Google Scholar profile lets others find your work by name and makes your own research trail traceable. It assumes one thing: that you have real public output — published papers, working papers, conference presentations, or public reports at a stable address. Until then, make the work first; the profile is only its index.

01Have output that can be indexed
  • Published papers, student journal articles, conference or seminar papers
  • Working papers at a stable address: an institutional page, OSF Preprints, or Zenodo (which issues a DOI)
  • Fix how you write your name and affiliation from the first paper onwards, and never vary it
02Create the profile and set it up properly
  • Sign in with an address you will keep; add your school address where you have one, so the profile shows a verified affiliation
  • Use exactly the name you publish under, and give your affiliation and homepage accurately
  • List 3–5 specific research interests (“labour economics”, “housing policy”), never something as broad as “economics”
  • Make the profile public, or nobody can find it; turn off automatic additions and confirm manually, so papers by people with your name are not merged in
03Maintain it and link the other identifiers
  • Clear out duplicates and wrongly merged namesakes regularly, and merge versions of the same paper
  • Register an ORCID (a unique researcher identifier) and enter it whenever you submit
  • In economics, also create a RePEc / IDEAS author profile — more widely used inside the field
  • Turn on alerts: follow keywords and authors, and let Scholar’s notifications replace aimless searching
Profile self-check
□ Every entry opens, and points at a real, stable address
□ Name, affiliation, and email agree with each other
□ The profile is public and automatic additions are off
□ Research interests are specific enough to show a direction
□ ORCID is linked (and work with a DOI registered against it)
DO NOT
× List coursework, unpublished drafts, or internal school reports as “papers”
× Upload the same manuscript several times to inflate the count
× Leave namesakes’ articles in place to make the profile look more productive
× Treat citation counts as a target — at student stage they say almost nothing

The features and interfaces of Google Scholar, ORCID, and RePEc are decided by those platforms; this page describes general practice only. For integrity requirements see ⑤ Academic Integrity & AI.

The AEA: what it is, and what students can join

The American Economic Association (AEA), founded in 1885, is the principal professional society for economics in the English-speaking world: it publishes the American Economic Review and other journals, maintains EconLit and the randomised controlled trial registry, sets the discipline’s professional and ethical standards, and co-hosts the ASSA annual meeting each January.

For students it has two kinds of value: a large body of learning and research resources open to everyone, and a few formal programmes that require enrolment or selection. The two are listed separately below, so that “joining the AEA” is not mistaken for a credential — membership is, in substance, a subscription and the right to attend.

FEE SUPPORT FOR WYE MEMBERS

Once you have joined WYE, AEA student membership fees, ASSA registration, and related costs can be applied for as a waiver or subsidy. Funds are limited and each request is reviewed against the available places and its purpose; approved costs are paid directly by WYE or reimbursed against receipts, never by personal transfer.

Student membership
About $25 a year · fully claimable
ASSA student registration
About $60–100 · fully claimable
Travel and accommodation
Proposed cap $500 per person · on request
Places
Proposed 10 a year · reviewed in two rounds
These amounts are indicative for the preparation phase (membership and registration fees follow the AEA’s published rates for the year); places and limits are set by that year’s funding and constitute no commitment.
An application should state which item it covers, why it is relevant to your current research or study, the expected cost, and any other funding available. Write to membership@worldyoungeconomist.org, or first read how to join us.
FREE AND PUBLIC, OPEN TO ANYONE
AEA Research Highlights
Recent papers written up in about a thousand plain words — the least effortful way into the research frontier.
AEA journals and abstracts
Contents and abstracts of the AER, JEL, and the four AEJs are public; JEL survey articles are especially good for entering a new field.
Chart of the Week and teaching resources
Charts and lesson plans usable directly in chapter activities or class discussion.
Social Science Registry (RCT registry)
Pre-registration plans for real experiments — read them to learn how a research design is written.
STUDENT PROGRAMMES (ENROLMENT OR SELECTION REQUIRED)
AEA Summer Program (AEASP)
A summer research training programme for undergraduates preparing for an economics PhD; requires mathematical preparation and includes funding.
Undergraduate Women in Economics Challenge
CSWEP’s undergraduate programme and mentoring scheme; its event information is open to all students.
Mentoring and CSMGEP programmes
Mentoring and research support for minority students, including dedicated sessions at the annual meeting.
Grad School Prep guide
The official route to a PhD: the mathematics course list, RA experience, references, and application timing.
THE ANNUAL MEETING AND CAREER INFORMATION
ASSA Annual Meeting
Every January, with hundreds of sessions and poster presentations; student registration is cheaper and some sessions are open online.
JOE — Job Openings for Economists
The listing board for academic and policy posts; read it to see what research jobs actually require.
Continuing Education courses
Short specialist courses after the meeting; slides and recordings are often released afterwards.
AEA membership and student rates
Student membership includes journals and the right to attend; it is not an academic credential or title.
STANDARDS AND ETHICS (CHECK THESE WHEN WRITING)
AEA Code of Professional Conduct
The discipline’s general requirements for research conduct and professional exchange.
Disclosure and conflict of interest policy
How funding sources and interests should be disclosed on submission.
Data and code availability policy
What empirical papers must submit alongside the text — the best standard to hold student empirical work to.
EconLit
The professional index for economics; most school libraries subscribe, so use your institutional login.

Secondary students generally do not meet the enrolment requirements of programmes such as AEASP, but the resources in the first and fourth columns above are entirely open. WYE is not affiliated with, partnered with, or endorsed by the AEA; eligibility and rates follow the official announcements for the year.

All external resources above are free public resources from their institutions (some require registration), linked to official sites. WYE has no affiliation, partnership, or endorsement relationship with them. For international-student practical training rules, see the CPT / OPT Guide. If a reading will not open, or you need an offline copy, register a WYE account and download the archived version from the forum library. Corrections, dead links and suggestions for new resources go to research@worldyoungeconomist.org.

Put it to use: view the WYE Essay Prize →