MEC-109 Archives - IGNOU CORNER

MEC-109: Research Methods in Economics – Solved Assignment 2024-25 (All Questions)

MEC-109: Research Methods in Economics – Solved Assignment 2024-25 Below is the complete answer set for the IGNOU MEC-109 Tutor Marked Assignment (TMA) for 2024-25. All answers are written in simple and easy-to-understand English and follow the IGNOU guidelines. “The deductive strategy starts with application of reasoning from which generalizations are made”- In the light […]

MEC-109: Research Methods in Economics – Solved Assignment 2024-25 (All Questions) Read More »

Writer short note on following: i. Factor loading ii. Approaches of content analysis iii. Research Design iv. Action Research

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Introduction This section provides concise explanations of four important research concepts: Factor Loading, Content Analysis, Research Design, and Action Research. These concepts are essential in both quantitative and qualitative research methodologies. i. Factor Loading Factor loading is a statistical term used in factor analysis, a technique used to reduce data and identify underlying variables (called

Writer short note on following: i. Factor loading ii. Approaches of content analysis iii. Research Design iv. Action Research Read More »

What is composite Index? Discuss with example the process of constructing the composite index.

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Introduction A composite index is a statistical tool that combines multiple individual indicators into a single index to measure complex and multidimensional phenomena. In economics and social sciences, composite indices are frequently used to evaluate development, performance, or well-being by summarizing information from several variables. What is a Composite Index? A composite index aggregates several

What is composite Index? Discuss with example the process of constructing the composite index. Read More »

Distinguish between quantitative and qualitative research. Discuss with example the special features and applications of correspondence analysis as a technique of data analysis for qualitative research.

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Introduction Research methods in social sciences broadly fall into two categories: quantitative and qualitative. While both are used to explore and understand social phenomena, they differ significantly in approach, methodology, and application. In this answer, we will distinguish between the two and then discuss the method of correspondence analysis, a powerful technique used in the

Distinguish between quantitative and qualitative research. Discuss with example the special features and applications of correspondence analysis as a technique of data analysis for qualitative research. Read More »

What is representative sample? Explain with example how random sampling is different from non-random sampling? How does random sampling procedure is helpful in correcting the bias of an estimate?

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Introduction Sampling is a critical process in research that involves selecting a subset of a population to represent the entire group. One of the most important types of sampling is a representative sample, which ensures that the sample accurately reflects the characteristics of the population. This answer explains what a representative sample is, how random

What is representative sample? Explain with example how random sampling is different from non-random sampling? How does random sampling procedure is helpful in correcting the bias of an estimate? Read More »

Explain the various functional forms of regression model. From the imaginary data for 46 Districts in UP related to the year 2020, the following regression results are given: Log C= 4.30-1.34 log P +0.17 log Y Se= (0.91) (0.32) (0.20) R² = 0.27 Where C= consumption of Cigarette packs per year P= real price per pack Y= real disposable income per capita. i. What is the elasticity of demand for cigarettes with respect to price? ii. What is the income elasticity of demand for cigarettes? Is it statistically significant? iii. How would you retrieve R² from the adjusted R² given above.

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Introduction Regression models are a core component of econometrics and statistics, used to explain the relationship between a dependent variable and one or more independent variables. There are several functional forms of regression models, each suited for different types of data behavior and analysis objectives. This response also solves the numerical portion based on the

Explain the various functional forms of regression model. From the imaginary data for 46 Districts in UP related to the year 2020, the following regression results are given: Log C= 4.30-1.34 log P +0.17 log Y Se= (0.91) (0.32) (0.20) R² = 0.27 Where C= consumption of Cigarette packs per year P= real price per pack Y= real disposable income per capita. i. What is the elasticity of demand for cigarettes with respect to price? ii. What is the income elasticity of demand for cigarettes? Is it statistically significant? iii. How would you retrieve R² from the adjusted R² given above. Read More »

State the major features of critical framework as guiding principle for undertaking research in social sciences. Do you think that this framework is a departure from post positivism and interpretivism? Give reasons.

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Introduction In the field of social sciences, research is guided by various philosophical frameworks. Among them, the critical framework or critical theory has emerged as a significant approach that seeks not just to understand or interpret the world but to challenge and change it. This framework stands distinct from both post-positivism and interpretivism due to

State the major features of critical framework as guiding principle for undertaking research in social sciences. Do you think that this framework is a departure from post positivism and interpretivism? Give reasons. Read More »

“The deductive strategy starts with application of reasoning from which generalizations are made”- In the light of this statement, formulate a research proposal indicating the various steps involved in the research process.

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Introduction Deductive reasoning is a key strategy used in scientific research, especially in economics and other social sciences. It starts with a general theory or hypothesis and proceeds to test its validity using empirical observations. In light of the statement, this answer will develop a sample research proposal using a deductive approach and explain each

“The deductive strategy starts with application of reasoning from which generalizations are made”- In the light of this statement, formulate a research proposal indicating the various steps involved in the research process. Read More »