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Saving Function

Saving Function Definition The saving function shows the functional relationship between saving and disposable income....

Consumption Function

Consumption Function

Consumption Function Definition The consumption function shows the functional relationship between consumption expenditure (C) and...

Absolute Income Hypothesis

Absolute Income Hypothesis

In macroeconomic analysis, consumption is one of the most important components of aggregate demand and...

Portfolio Management

Portfolio Management

What is Portfolio? Portfolio is a collection of financial assets owned by an individual or...

Sensitivity Analysis

Sensitivity Analysis

What is Sensitivity Analysis? Sensitivity analysis is a financial modelling technique used to determine how...

Development Economics

What is Development Economics? Origin, Definition & Scope

Origins of Development Economics Post World War II Destruction Modern development economics emerged from countries...

Multicollinearity

Multicollinearity: Types, Concequences, Causes, Detection & Remedies

One of the assumptions of the Classical Linear Regression Model (CLRM) is that the explanatory...

Sen Capability Approach

Sen Capability Approach

Core Values of Development Sustenance: Sustenance is the ability to meet life-sustaining basic needs like...

Gauss-Markov Theorem

Variance and Standard Error of OLS Estimators and Gauss-Markov Theorem

In the previous article, Assumptions of Classical Linear Regression Model (CLRM), we discussed the assumptions...

Assumptions of Classical Linear Regression Model (CLRM)

Assumptions of Classical Linear Regression Model (CLRM)

In the previous post, we discussed how to estimate a sample regression model, i.e., and...

Regression Through Origin

Regression Through Origin

Introduction of Regression Through Origin Models So far we have studied models like Where intercept...

Costs and Benefits of Education

Education and Economic Development

Health, Education, and Economic Development Health and Education as Objectives of Development Education and health...

Multiple Linear Regression

A Numerical Example of Multiple Linear Regression by Hand

What is Multiple Linear Regression? The linear regression model shows the linear dependence of one...

Short Questions Project Appraisal

Short Questions Cash flow refers to the movement of money into and out of a...

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Explore inflation, unemployment, economic growth, national income, and stabilization policies.

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Statistical methods for estimation, hypothesis testing, forecasting, and economic analysis.

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Poverty, inequality, economic growth, human development, institutions, and structural transformation.

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Investment decisions, costs, benefits, risks, returns, and project feasibility.

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Evaluate investment projects using costs, benefits, returns, risks, and feasibility analysis.
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Economics of Education

Education investment, human capital, economic returns, and development outcomes.

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Analyse education investment, human capital, returns, inequality, and economic development.
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