No.

of Printed Pages : 4 MEC-009

MASTER OF ARTS (Economics)

(NI Term-End Examination

December, 2014

MEC-009 : RESEARCH METHODS IN

ECONOMICS

Time : 3 hours Maximum Marks : 100

Note : Attempt questions from each section as per instructions
given below.

SECTION - A
Attempt any two questions from this section. 2x20=40

1. Distinguish between inductivism and

hypothesism. State the characteristics and process
of inductivism.

2. What is multiple linear regression ? What are

advantages of using a linear in logarithm model
over simple linear model ? Give suitable example.

3. Distinguish between qualitative and quantitative

research. Explain the various methods used in
analysis of quantitative data.

4. What do you mean by the social sector of an

economy ? Explain the kind of data available in
this sector in India. Which agencies collect the
data on social sector ?

MEC-009 1 P.T.O.
 SECTION - B

Attempt any five questions from this section. 5x12=60

5. What are the different measure of economic

inequality ? Explain the computations of sen's
index of inequality.

6. How will you construct a price index number ?

Identify problems encountered in constructing
price index numbers.

7. What is multi-collinearity ? How does it affect

the precision of regression estimates ?

8. What are the sources of errors in the data ?

Distinguish between sampling and non-sampling
errors.

9. What is a sampling design ? What its main

features ?

10. Differentiate between realism of instrumentalism.

Critically analyse instrumentalism in economics
as given by Milton Friedman.

11. Explain technique of triangulation in processing

of qualitative data.

12. Distinguish between any three of the following :

(a) Observation Method and Experimental
Method of data collection
(b) Empirical and Theoritical research
(c) Time series data and. Cross section data
(d) Data series given by NAS and SAS
(e) Realists and anti-realists

MEC-009 2
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MEC-009 3 P.T.O.
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MEC-009 4