Apply Online
IIS University

Admissions

It is a University which is committed to excellence and overall development of the student and one where talent is nurtured and honed in the best possible manner. Come, be a part of our never-ending journey of accomplishments and accolades.

Psychometric Counselling Tele-Counselling E-mail Counselling Subject Counselling International Admissions
Placement Placements Go Down
Life@IIS Univ Life@IIS Univ Go Down
Academics Go Down
Research Go Down
About-Us Go Down
University Status

Admissions

It is a University which is committed to excellence and overall development of the student and one where talent is nurtured and honed in the best possible manner. Come, be a part of our never-ending journey of accomplishments and accolades.

Read More

Placements

Excellent education not only imparts knowledge, but also paves the way for a promising and successful career. The Placement Cell at The IIS University has numerous success stories to narrate in this regard...

Read More

Life@IIS Univ

Life @ IISU is nothing less than a kaleidoscope of myriad hues; complete with vibrant events and memorable occasions to cherish for a lifetime.

Read More

Academics

Taking the age-old tradition of enlightenment through education forward, The IIS University - in its continuous pursuit of excellence - firmly believes that an institution’s academic profile determines its worth and value. Therefore, on offer are a wide variety of both conventional and contemporary programmes of study.

Read More

Research

To stimulate curiosity and cater to the global needs of a dynamic education, The IIS University - since inception - has been promoting and encouraging research-based experiential learning among all its students.

Read More

About Us

The IIS University, with its perfect amalgamation of innovation, inspiration and synergy, aims to be a model institution for students across disciplines and programmes.

Read More
IIS Univ
  • Admissions

    It is a University which is committed to excellence and overall development of the student...

  • Placements

    Excellent education not only imparts knowledge, but also paves the way for...

  • Life@IIS Univ

    Life @ IISU is nothing less than a kaleidoscope of myriad hues; complete with...

  • Academics

    Taking the age-old tradition of enlightenment through education forward,...

  • Research

    To stimulate curiosity and cater to the global needs of a dynamic education,...

  • About Us

    The IIS University, with its perfect amalgamation of innovation, inspiration...

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India

Phone:- +91-141-2400160-61, 2397906-07,

Fax: 2395494,2781158, Toll Free No.: 1800 180 7750

STATISTICAL METHODS FOR ECONOMIC ANALYSIS | Economics

STATISTICAL METHODS FOR ECONOMIC ANALYSIS

Error message

  • Warning: ini_set(): Headers already sent. You cannot change the session module's ini settings at this time in drupal_environment_initialize() (line 691 of /home/iisunivac/public_html/includes/bootstrap.inc).
  • Warning: ini_set(): Headers already sent. You cannot change the session module's ini settings at this time in drupal_environment_initialize() (line 692 of /home/iisunivac/public_html/includes/bootstrap.inc).
  • Warning: ini_set(): Headers already sent. You cannot change the session module's ini settings at this time in drupal_environment_initialize() (line 693 of /home/iisunivac/public_html/includes/bootstrap.inc).
  • Warning: ini_set(): Headers already sent. You cannot change the session module's ini settings at this time in drupal_environment_initialize() (line 698 of /home/iisunivac/public_html/includes/bootstrap.inc).
  • Warning: ini_set(): Headers already sent. You cannot change the session module's ini settings at this time in drupal_environment_initialize() (line 702 of /home/iisunivac/public_html/includes/bootstrap.inc).
Paper Code: 
ECO 223
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

To acquaint the students with statistical techniques useful for economic analysis.

12.00
Unit I: 
Univariate Analysis

Measures of central tendency, dispersion - standard deviation, coefficient of variation, Lorenz curve, Gini concentration ratio – Skewness (simple problems).

12.00
Unit II: 
Probability and distributions

Elementary probability theory, concepts, binomial, Poisson and normal distribution.

12.00
Unit III: 
Sampling Distributions

Sampling distribution, standard error-testing of hypothesis: χ2, F- ANOVA, testing correlation and regression coefficients.

12.00
Unit IV: 
Regression Analysis

Correlation, regression, simple, multiple, linear (simple problems) – OLS-assumptions-violation of assumptions - heteroscedasticity, autocorrelation and multicollinearity (concepts only). Interpretation of Co-efficient

-Introduction to non-linear regression.

12.00
Unit V: 
Index numbers and Time Series

Uses, selection of number of items, base year price relatives-Fisher’s ideal index-Factor reversal test-Time reversal test- Chain index-Base shifting –conversion of current price data into constant price data- price index numbers in India – Components of time series - Moving averages-Straight line trend- Seasonal Index.

Essential Readings: 
  1. Gupta, S.C. (1993), Fundamentals of Applied Statistics, S. Chand & Sons, New Delhi.
  1. Speigal, M.R. (1992), Theory and Problems of Statistics, McGraw Hill Book Co., London.
  1. Chou, Y. (1975), Statistics Analysis, Holt, Reinhart and Winston, New York.
  1. Croxton, Crowden and Klein (1971), Applied General Statistics, Prentice Hall of India, New Delhi.
  1. Nagar, A.L. and R.K. Das (1993), Basic Statistics, Oxford University Press, New Delhi
  1. Salvatore, Dominick (1982), Statistics and Econometrics, McGraw Hill, New DelhiSarantakos, S. 2005, Social Research, Palgrave MacMillan.
Academic Session: 
2016-17
  • Printer-friendly version
  • PDF version