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Important Questions for "Mathematical Economics":

[1]

  1. Distinguish between econometrics and mathematical economics.
  2. What is meant by Logistic Curve?
  3. Define Gini Coefficient with the help of Lorenz curve. Prove that value of Gini equals twice the area in between line of equality and Lorenz curve.

[2]

  1. Distinguish between econometrics and mathematical economics.
  2. Describe the Poverty Index of A.K. Sen.
  3. Define Gini Coefficient with the help of Lorenz curve. Prove that value of Gini equals twice the area in between line of equality and Lorenz curve.

[3]

  1. Distinguish between econometrics and mathematical economics.
  2. Describe the Poverty Index of A.K. Sen.
  3. Find the trend value by the least square method from the given data.

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