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Sample Questions

The document contains a list of sample questions covering various economic concepts, including measures of inequalities, production functions, Engel curves, and statistical distributions. It also includes topics such as the properties of Lorenz curves, poverty measures, and development goals. Each question prompts a detailed discussion or explanation of specific economic theories and metrics.

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20 views1 page

Sample Questions

The document contains a list of sample questions covering various economic concepts, including measures of inequalities, production functions, Engel curves, and statistical distributions. It also includes topics such as the properties of Lorenz curves, poverty measures, and development goals. Each question prompts a detailed discussion or explanation of specific economic theories and metrics.

Uploaded by

hello_there123
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Sample Questions

1. Describe Positive and Normative Measures of Inequalities.


2. Define Head Count Ratio and Income Gap Ratio and discuss their merits and demerits.
How did Amartya Sen improve these indices?
3. Describe how you will estimate Engel elasticity using Specific Concentration Curve.
4. Define Cobb-Douglas (CD) production function. State and prove its properties. Describe
the cost minimization and profit maximization procedures of obtaining the optimum
quantities of inputs and outputs under CD production function set up.
5. Write a brief account on treatment of household size in Engel curve analysis.
6. Describe in detail the economic and statistical criteria for choosing an Engel Curve.
7. Briefly explain the different elements in the life table.
8. Write short notes:
(i) Measures of Concentration in Business and Industry
(ii) Estimation of two-parameter lognormal distribution.
(iii) Linear Expenditure System.
(iv) Law of Proportionate Effect.
(v) Properties of Lorenz Curve.
(vi) Properties of Lorenz curve of two-parameter lognormal distribution.
(vii) Pareto law of income distribution.
(viii) Popular forms of Engel Curves.
(ix) Elasticity of Substitution in Production function
(x) Fertility Rates
(xi) Millennium Development Goals
(xii) Sustainable Development Goals
(xiii) Ten Fundamental Principles of Official Statistics
(xiv) Cobb Douglas production function
(xv) Sen’s poverty measure.
(xvi) Properties of Lorenz Curve.

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