M.Phil Economics

Unit-1
Social Science Research : Theory and Facts, Values and
Science; Basic Elements of the Scientific Method : Concepts,
Hypotheses, Testing of Hypothesis; Formulation of a Research
Problem and Research Design.
Sampling Design : Concepts of population, Census and
Sample Surveys.
Ramdon Sampling; Systematic, Stratified, Cluster and Multi-
Stage Sampling.
Data Collection : Construction of Questionnaire/Schedule,
Guidelines for successful interviewing.
Analysis of Data : Statistical presentation and Casual Analysis.
Unit-2
Nature ans Scope of Econometric methods, Classical Linear
Regression Model (two variable), Assumptions and their
Significance, Least Square Estimator and its properties,
Testing Significance of Regression Co-efficients, Concepts
of R2 and R2 .
Unit-3
Problems of Multicollinearity, Autocorrelation and
Hetroscedasticity : Nature, Consequences, tests and remedies.
Dummy variable Regression Models, Estimation of
Cobb-Douglas and CES Production Functions. Computation
of Simple and Compound Growth Rates.