EMPIRICAL STUDY
EMPIRICAL STUDY
The empirical study is about acquiring knowledge from observation.
There the aim to test the relationships between
1) consumption and inflation
2) savings and inflation
Headline Inflation Rate
Headline Inflation rate
12.0
Empirical evidence
Consumption and inflation
In the early 1800s, Mauritius was a monocrop nation and its main source of revenue was sugar.
However, as the political condition of the island changed and the country gained its
independence from the British,
Empirical evidence
Savings
Another important concept to understand inflation is savings. Indeed, savings is said to be
directly linked to consumption. The part of income which is not used for consumption is said to
be saved.
Also known as discount rate, t
INFLATION IN MAURITIUS
Headline Inflation rate
12.0
10.0
8.0
6.0
4.0
2.0
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
The Consumer Price Index is an indicator that demonstrates changes in the general price level of
goods and services acquired by
Abstract
Inflation is one of the main macroeconomic indicators of an economy while consumption
represents normally the biggest component of Gross Domestic Product. Savings on the other
hand is that part of income that is not consumed. These variables in o
Abstract
Inflation is one of the main macroeconomic indicators of an economy while consumption
represents normally the biggest component of Gross Domestic Product. Savings on the other
hand is that part of income that is not consumed. These variables in o
CONSUMPTION
Consumption expenditure which accounts approximately 90% of our GDP has played an important role
in the economic growth of our country over years. Nowadays consumption is referred to as an incentive
on which the economic system of a nation res
Regression
This figure shows the distribution of heights of sons in a hypothetical population corresponding to the
given or fixed values of the fathers height.
Notice that corresponding to any given height of a father is a range or distribution of the hei
Jay Pandit
Japan Airlines Case Study
In recent years Japan Airlines (JAL) has been in financial turmoil. However it has been able to
pull itself out of bankruptcy and been relisted on the Tokyo Stock Exchange. This was mainly
accomplished by the business
Lecture 4 Economic application of matrix Algebra and Evalues
Lecture 4 Economic application of matrix Algebra and Evalues
Matrix A is non singular
A 0
A-1 exists
There exists a
Equations linearly independent
x*=A-1b
Non-homogeneous
system
Ax b
unique
non-
Topic 2 : LINEAR MODELS AND MATRIX ALGEBRA (II)
LINEAR DEPENDENCE
Suppose we have a set of n vectors v1 , v2 ,., vn all non zero vectors of dimension n .
They are said to be linearly dependent if
1. Any one of them can be expressed as a linear combination
Lecture 8 - DUALITY
Lecture 8 - DUALITY
So far, we discussed maximisation and minimisation LPs as two separate types of problems
However,
corresponding to every minimisation program ( to minimise C)
there always exists a counterpart maximisation program
Lecture 5 - Input output analysis
Lecture 5 - Input output analysis
1. Outputs goods for consumption
2. Inputs factors of production
3. Intermediate input output of one process used as input in another industry
Examples: sugar and chocolate
1. output of s
Topic 1 : LINEAR MODELS AND MATRIX ALGEBRA (I)
Topic 1 : LINEAR MODELS AND MATRIX ALGEBRA (I)
Topic Outline
1. Systems of simultaneous linear equations
2. Adv and disadv of matrix algebra
3. What are matrices?
a. Coefficient matrix, matrix notation,
b. Si
Lecture 7 - The simplex Method
Lecture 7 - The simplex Method
Definitions
Objective Function
The function that is either being minimized or maximized.
For example, it may represent the cost that you are trying to minimize.
Constraints
A set of equalities
UNIVERSITY OF MAURITIUS
FACULTY OF SOCIAL STUDIES AND HUMANITIES
SECOND SEMESTER EXAMINATIONS
MAY 2007
PROGRAMME/LEVEL
PAPER TITLE
MODULE CODE
STATISTICS FOR ECONOMISTS
STATISTICS FOR ECONOMISTS I & II
STAT 1001Y(1)
STAT 1100 - 1200
DATE
TIME
DURATION
WED
UNIVERSITY OF MAURITIUS
YEARLY EXAMINATIONS
MAY 2014
PROGRAMME
BSc (HONS) ECONOMICS AND FINANCE YEAR 1
BSc (HONS) ECONOMICS WITH MANAGEMENT YEAR 1
BSc (HONS) ECONOMICS AND QUANTITATIVE FINANCE
YEAR 1
+ RESITS
MODULE NAME
STATISTICS FOR ECONOMISTS
DATE
TU
UNIVERSITY OF MAURITIUS
YEARLY EXAMINATIONS
MAY 2012
PROGRAMME
BSc (HONS) ECONOMICS WITH MANAGEMENT YEAR 1, YEAR 2,
YEAR 3 & RESITS
BSc (HONS) ECONOMICS AND FINANCE YEAR 1, YEAR 2 & YEAR 3
BSc (HONS) ECONOMICS WITH INTERNATIONAL RELATIONS YEAR
2 & YEAR 3
UNIVERSITY OF MAURITIUS
YEARLY EXAMINATIONS
MAY/JUNE 2013
PROGRAMME
BSc (HONS) ECONOMETRICS AND QUANTITATIVE
FINANCE YEAR 1
BSc (HONS) ECONOMICS AND FINANCE
BSc (HONS) ECONOMICS AND MANAGEMENT
MODULE NAME
STATISTICS FOR ECONOMISTS
DATE
2013
MODULE NAME
ST
UNIVERSITY OF MAURITIUS
YEARLY EXAMINATIONS
MAY 2011
PROGRAMME
BSc (HONS) ECONOMICS AND FINANCE YEAR 1 & YEAR 2
BSc (HONS) ECONOMICS WITH MANAGEMENT YEAR 1,
YEAR 2, YEAR 3 & RESITS
BSc (HONS) ECONOMICS WITH ACCOUNTING YEAR 3
RESIT
BSc (HONS) ECONOMICS WIT