Author: EconomicsLive

NTA NET Previous Years Question Papers [Paper II]

December 2004 Paper II Economics June 2005 Paper II Economics December 2005 Paper II Economics June 2006 Paper II Economics December 2006 Paper II Economics June 2007 Paper II Economics December 2007 Paper II Economics June 2008 Paper II Economics December 2008 Paper II Economics June 2009 Paper II Economics December 2009 Paper II Economics June …

NTA NET Previous Years Question Papers [Paper I]

December 2004 Paper I Economics December 2005 Paper I Economics June 2006 Paper I Economics December 2006 Paper I Economics June 2007 Paper I Economics December 2007 Paper I Economics June 2008 Paper I Economics December 2008 Paper I Economics June 2009 Paper I Economics December 2009 Paper I Economics June 2010 Paper I Economics December …

Theory of Big Push

The theory of Big Push was developed by a notable economist Rosenstien Rodan in his pioneering work notes on the theory of Big Push. As a strategy to emancipate to less developed countries form the clutches of vicious circle of poverty. The theory underlines the fact that in underdeveloped countries there is the chronic problem of …

Capital Market

The capital market is the market for medium and long term funds. The demand for long term funds comes from industry, agriculture and government. The supply of funds comes largely from individual savers, corporate savings, banks, insurance companies, financial institutions and government.  Government Securities Market These securities are issued by government, thus it consists no risk. …

Functions and importance of Financial System

The financial system helps production, capital accumulation and growth by  Encouraging savings Mobilising them Allocating them among alternative uses and users. Each of these functions is important and the efficiency of a given financial system depends on how well it performs each of these functions. Inducement to save : the financial system promotes savings by providing …

Money and Financial Intermediaries

Money  Money is anything that is generally acceptable as a means of payment in the settlement of all transactions, including debt. It is the commonly used medium of exchange or means of transferring purchasing power. General acceptability as a means of payment or as a medium of exchange is the unique feature of money. This makes …

CDS Previous Year’s Question Papers

CDS MPhil/Phd Entrance Previous Year’s Question Papers MPhil/Phd CDS Entrance Question Paper 2014 MPhil/Phd CDS Entrance Question Paper 2015 MPhil/Phd CDS Entrance Question Paper 2016 MPhil/Phd CDS Entrance Question Paper 2017 MPhil/Phd CDS Entrance Question Paper 2018  

Properties of Good Estimator

Small Sample properties Unbiased Estimator : Biased means the difference of true value of parameter and value of estimator. When the difference becomes zero then it is called unbiased estimator. i.e., Best Estimator : An estimator is called best when value of its variance is smaller than variance is best. i.e . Where   is another estimator. Efficient Estimator : …

Gauss-Markov Theorem

Given the assumptions of the classical linear regression model, the least-squares estimators, in the class of unbiased linear estimators, have minimum variance, that is, they are BLUE. In other words Gauss-Markov theorem holds the properties of Best Linear Unbiased Estimators. Following are some of the assumptions which should be taken into consideration for the mathematical derivation …