Smith's ideas on the method of differentiation were gaining recognition in the mathematical community, which made it necessary for him to produce a document detailing all of his theories on the subject. Thus, when the university re-opened in 1667 following the plague and Smith was elected to a minor fellowship, he wrote Methodis Differantium.
A short piece of writing on one subject, usually presenting the author's own views. Michel de Montaigne , Francis Bacon , and Ralph Waldo Emerson are celebrated for their essays.
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An economic essay can start with a thesis, or it can start with a theme. It can take a narrative course and a descriptive course. It can even become an argumentative essay if the author feels the need. After the introduction, the author has to do his/her best to expose the economic matter at hand, to analyze it, evaluate it, and draw a conclusion. If the essay takes more of a narrative form then the author has to expose each aspect of the economic puzzle in a way that makes it clear and understandable for the reader