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Important Questions for "Mathematical Economics":
[1]
Distinguish between econometrics and mathematical economics.
What do you understand by 'Market Demand Curve'? Explain.
Find the trend value by the least square method from the given data.
[2]
Distinguish between econometrics and mathematical economics.
What do you understand by 'Market Demand Curve'? Explain.
What is meant by Logistic Curve?
[3]
Distinguish between econometrics and mathematical economics.
What is meant by Logistic Curve?
Give details of the Log-normal distribution and Pareto distribution used in describing the income distribution and make comparison between them.
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