BECE-142 · December 2024 · English

IGNOU BECE-142 December 2024 Previous Year Question Paper

APPLIED ECONOMETRICS

Structured previous year question paper for BECE-142, December 2024 session.

Max marks: 100 · Questions: 12 · Sections: 3

Verified: 5 Aug 2026

B. A. (HONOURS) ECONOMICS

(BAECH)

Term-End Examination

December, 2024

BECE-142 : APPLIED ECONOMETRICS

Time : 3 Hours Maximum Marks : 100

Note: Answer the questions as per instructions

given in each Section.

Section—A

Note : Answer any two questions from this Section.

2x20=40

Q1.Show why it is better to err by ‘including an irrelevant variable’ as compared to omitting a relevant variable’ in regression models.

Q2.Discuss the effect of lags on ‘market equilibrium’ with examples.

Q3.Analyse the case of ‘Simultaneous Equation Bias’ in the Keynesian Model of Income Determination.

Q4.Explain, with illustrations, the types of panel data models and their estimation procedures.

Section—B

Note:Answer any four questions from this

Section. 4x12=48

Q5.Illustrate the framework of a ‘pooled cross- section data’.

Q6.Discuss the underlying idea behind binary dependent variable models. What are the benefits of applying Logit Model compared to Linear Portability Model (LPM) ?

Q7.Illustrate the procedure for obtaining the results of ‘one-way ANOVA’ in R.

Q8.Explain how ‘diagnostic tests’ can be performed on regression results obtained in STATA.

Q9.Differentiate between ‘research design’ and ‘research methods’.

Q10.Specify the particulars of a _ test for detecting the presence of ‘irrelevant variables’.

Q11.Illustrate the interpretation of ‘parameters’ in logit models.

Section—C

Q12.Write short notes on any two of the following : 2x6=12

(a) 2SLS method

(b) Reduced Form Equations

(c) Akaike Information Criterion

(d) Kyock’s Transformation 2x20=40 aif aif aif

(ग) Whe wa valet (AIC)