23 Jul 2022

83

Unemployment and Lack of Economic Opportunity: What can be done to help?

Format: APA

Academic level: College

Paper type: Coursework

Words: 428

Pages: 1

Downloads: 0

Difference between Popular Source and Scholarly Source 

While scholarly sources are focused on a particular topic, popular sources cover wide-ranging topics and in short articles. Scholarly sources, however, tend to be lengthy and contain past unpublished details and research in new fields of interest ( Nicholas et al., 2017) . Popular sources, on the other hand, provide an overview of issues instead of original studies. Sometimes popular sources report on prevalent social subjects in addition to public views. Scholarly sources are intended explicitly for specialist readers, including professionals, students, academics, and researchers ( Nicholas et al., 2017) . Popular sources, however, are not aimed at any particular group. They are, for general readers lacking any specific education or expertise as expected in scholarly research. While popular sources are authored by freelance writers and staff using popular language, scholarly research is authored by researchers and specialists in a given field. They use specific subject language and technical jargon. 

Summary: Scholarly Source 

Growing up without Finance by Brown, Cookson, and Heimar (2019) is a scholarly source published in the Journal of Financial Economics. According to the article, early life acquaintance with financial bodies increases one's household fiscal attachment leading to long-lasting enhancement in credit outcomes ( Brown, Cookson & Heimer, 2019) . The source is reliable as it bases its findings from past research and argument. It provides wide-ranging views that are non-biased and strong in the discussion. The only limitation of the study is the use of limited participants. 

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Summary: Popular Source 

In a related article appearing in the New York Times on 3rd May 2019, Schwartz noted that the growth of jobs underscored the economy's vigor and was at a half-century low. According to Schwartz (2019) this was the "longest streak of job creation," eliminating the uncertainties that had worried Wall Street. The reports were collected from various employment bureaus and agencies. The source is limited to Wall Street’s situation only and does not offer a comprehensive coverage of the subject. 

Visual Cues evident in the Scholarly Source 

Five essential visual cues can be identified in the scholarly source not evident in the popular source. They include a reference list at the end of the article. The reference list is used to cite information from other sources ( Jankowski, Russo & Townsend, 2018) . The scholarly source is composed of formulas detailing on how calculations are derived. There are also tables, graphs, and charts representing the graphical depiction of the theories presented. Another visual cue is the authors ( Nicholas et al., 2017) . All three authors are affiliated to a respectable academic or financial institution. Brown is at Iowa State University, Heimer is at the Federal Reserve Bank of Cleveland, and Cookson is at the University of Colorado. Lastly, the article is long and elaborative, giving detailed information on the subject matter. 

References  

Brown, J. R., Cookson, J. A., & Heimer, R. Z. (2019). Growing up without finance.  Journal of Financial Economics . https://foster.uw.edu/wp-content/uploads/2016/07/summer-finance-conf-2-3-brown-cookson-and-heimer-p.pdf 

Jankowski, A., Russo, A., & Townsend, L. (2018). " It was information based": Student Reasoning when Distinguishing Between Scholarly and Popular Sources.  In The Library With The Lead Pipe . https://digitalrepository.unm.edu/cgi/viewcontent.cgi?article=1120&context=ulls_fsp 

Nicholas, D., Boukacem ‐ Zeghmouri, C., Rodríguez ‐ Bravo, B., Xu, J., Watkinson, A., Abrizah, A., ... & Świgoń, M. (2017). Where and how early career researchers find scholarly information.  Learned Publishing 30 (1), 19-29. https://onlinelibrary.wiley.com/doi/pdf/10.1002/leap.1087 

Schwartz, N. D. (2019, May 3). Job Growth Underscores Economy's Vigor; Unemployment at Half-Century Low. Retrieved October 26, 2019, from 

https://www.nytimes.com/2019/05/03/business/economy/jobs-report-april.html. 

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StudyBounty. (2023, September 15). Unemployment and Lack of Economic Opportunity: What can be done to help? .
https://studybounty.com/unemployment-and-lack-of-economic-opportunity-what-can-be-done-to-help-coursework

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