ECS 4863 ASSIGNMENT 01
University of South Africa
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ECS 4863 ASSIGNMENT 01 DUE DATE: 12 May 2024 UNIQUE NUMBER: 721908
- Exam (elaborations) • 7 pages • 2023
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ECS 4863
ASSIGNMENT 01
DUE DATE: 12 May 2024
UNIQUE NUMBER: .
ECONOMETRICS ASSIGNMENT 01
Question 1
1.1The subject deserves to be studied in its own right for the following reasons:
Economic theory makes statements or hypotheses that are mostly qualitative in
nature (the law of demand), the law does not provide any numerical measures of
the relationship. This is the job of the econometrician.
The main concern of mathematical Economics is to express economics theory in
mathematical for...
Exam (elaborations)
ECS 4863 ASSIGNMENT 01 DUE DATE: 12 May 2024 UNIQUE NUMBER: 721908
Last document update:
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ECS 4863 ASSIGNMENT 01 DUE DATE: 12 May 2024 UNIQUE NUMBER: . ECONOMETRICS ASSIGNMENT 01 Question 1 1.1The subject deserves to be studied in its own right for the following reasons: Economic theory makes statements or hypotheses that are mostly qualitative in nature (the law of demand), the law does not provide any numerical measures of the relationship. This is the job of the econometrician. The main concern of mathematical Economics is to express economics theory in mathematical for...
R56,18
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