Page 4 - DECO504_STATISTICAL_METHODS_IN_ECONOMICS_HINDI
P. 4

ikB~;Øe  SYLLABUS
                           vFkZ'kkL=k esa lkaf[;dh; fof/;k¡ (Statistical Methods in Economics)



             mís';%     ikB~;Øe dk mís'; Nk=kksa dks lk¡f[;dh; midj.k rFkk vo/kj.kkvksa ls voxr djkuk gS ftlls fu.kZ;&fuèkkZj.k esa lgk;rk feysA
                        O;kikj esa muosQ mi;ksxksa ij fo'ks"k cy fn;k x;k gSA
             Objectives:
                        The course aims to equip the students with statistical tools and concepts that help in decision making. The empha-
                        sis is on their application in business.

                 Sr. No.                                       Content

                    1      Definition of Statistics: Importance and scope of statistics and its limitations, Types
                           of data collection: Primary and Secondary: Methods of collecting Primary data,

                           Classification and Tabulation of data: Frequency and cumulative frequency

                           distribution
                    2      Central Tendency: Mean, Median and Mode and their Properties, Application of

                           Mean, Median and Mode
                    3      Dispersion: Meaning and characteristics. Absolute and relative measures of

                           dispersion including Range, Quartile deviation, Percentile, Mean deviation,

                           Standard deviation, Skewness and Kurtosis: Karl Pearson, Bowley, Kelly’s
                           methods

                    4      Correlation: Definition, types and its application for Economists, Correlation:

                           Scatter Diagram Method, Karl Pearson’s coefficient of correlation, Rank
                           correlation method

                    5      Linear Regression Analysis: Introduction and lines of Regression, Coefficient of
                           regression method simple, Correlation analysis vs. Regression Analysis

                    6      Index number: Introduction and Use of index numbers and their types, Methods:
                           Simple (unweighted) Aggregate Method, Weighted aggregate method, Methods:

                           Simple (unweighted) Aggregate Method, Methods: Simple Average of Price

                           Relatives, Methods: Weighted Average of Price Relatives, Test of consistency:
                           Unit test, Time Reversal Test, Factor Reversal Test and Circular, Cost of Living

                           index and its uses. Limitation of Index Numbers

                    7      Time Series Analysis: Introduction and components of time series, Time Series
                           Methods: Graphic, method of semi-averages, Time Series Methods: Principle of

                           Least Square and its application, Methods of Moving Averages
                     8     Theory of Probability: Introduction and uses, Additive and Multiplicative law of

                           probability
                     9     Theory of Estimation: Point estimation, Unbiasedness, Consistency, Efficiency and

                           Sufficiency, Method of point estimation and interval estimation

                    10     Types of Hypothesis: Null and Alternative, types of errors in testing hypothesis,
                           Level of significance
   1   2   3   4   5   6   7   8   9