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## BECE-142 APPLIED ECONOMETRICS in English Solved Assignment 2023-2024

Programme Code: BAECH
Course Code: BECE-142
Assignment Code: BECE-142/AST/TMA/2023-24
Maximum Marks: 100

Title Name

#### BECE-142 Solved Assignment 2023-2024

University IGNOU
Service Type Solved Assignment (Soft copy/PDF)
Course BAG(Honours)
Language ENGLISH
Semester 2023-2024 Course: BA(Honours)
Session July 2023 – January 2024 sessions
Short Name BECE-142
Assignment Code BECE-142/AST/TMA/2023-24
Product Assignment of BAG(Honours) 2023-2024 (IGNOU)
Submission Date For the students enrolled in July – 30th April
For the students enrolled in January – 31st October

A. Long Answer Questions (word limit – 500 words) 2 × 20 = 40 marks
1) Discuss the consequences of ‘errors of measurement’.

2) Elucidate, with illustrations, the application of ‘simultaneous equation models’ in panel
data contexts.
B. Medium Answer Questions (word limit – 250 words) 3 × 10 = 30 marks
3) Discuss the Ramsey’s Test (RESET) for identification of ‘omitted variables’ and
‘incorrect functional form’.
4) Show that the Koyck’s approach to estimating the distributed lag models helps in
overcoming an ‘infinite series situation’.
5) Analyse the case of ‘simultaneous equation bias’ in the Keynesian Model of Income
Distribution.
C. Short Answer Questions (word limit – 100 words) 2 × 3 × 5 = 30 marks

6) Differentiate between:
(a) Under Identification and Over Identification.
(b) Structural Form Equations and Reduced Form Equations.
(c) Fixed Effect Model and Random Effect Model.
7) Write short notes on the following.
(a) Hausman’s Model Selection Procedure.
(b) Linear Probability Model.
(c) Rank Condition

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