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Econometrics and Production Economics: Basic Concepts and Practicals, authored by K. S. Kushwaha, is a comprehensive guide for both learners and professionals in the domain of econometrics and agricultural production economics. This hardback book is meticulously divided into three main sections to cover the fundamental aspects that are crucial for a thorough understanding of the subjects. The first section, covering Mathematical Tools, lays a solid foundation with detailed chapters on logarithms, calculus, and matrix theory. The Econometrics section brings readers up to speed on key regression theories, violations of regression assumptions, and advanced econometric principles. Lastly, the section dedicated to Production Economics involves discussions on agricultural production, farm management decision making, and modern budgeting techniques, among others. Each chapter is laden with numerical illustrations and empirical examples that facilitate practical learning and foster in-depth comprehension of complex concepts. With thorough coverage from foundational mathematics to sophisticated econometric theories, this book is an essential resource for practitioners, students, and researchers aiming to excel in the fields of economics and production management.
Key Features
| Features | Description |
|---|---|
| Comprehensive Coverage | Includes detailed sections on Mathematical Tools, Econometrics, and Production Economics. |
| Numerical Illustrations | Each chapter is supported with numerous numerical examples to enhance understanding. |
| Advanced Econometric Methods | Covers advanced topics including Multicollinearity, Heteroscedasticity, and Autocorrelation. |
| In-depth Production Economics | Provides insights into agricultural production functions and farm management. |
| Accessible Format | Hardback edition for durability, making it ideal for both students and professionals. |
| Attributes | Description |
|---|---|
| Author | K. S. Kushwaha |
| Format | Hardback |
| Number of Sections | Three main sections |
| Total Chapters | Twenty-six chapters |
| Illustrations | Numerical and empirical illustrations provided |
| Coverage | Mathematical tools, econometric theories, farm management principles |
*Disclaimer: This above description has been AI generated and has not been audited or verified for accuracy. It is recommended to verify product details independently before making any purchasing decisions.
Brand: NIPA
Country of Origin: India
The book comprises three main sections, namely (i) Mathematical Tools, (ii) Econometrics, and (iii) Production Economics. The first section contains eight chapters, numbered 1-8, while the second section consists of six chapters, numbered 9-14. The final section has eleven chapters, numbered 15-26.
Each chapter of the book is accompanied by numerous Numerical Illustrations to enhance readers and users understanding of the subject matter. In addition, the book includes some empirical illustrations of the coefficients of Multiple Correlation, Partial Correlation, and Partial Regression, which are presented in two different methods for calculating the coefficient.
The book comprises three main sections, namely (i) Mathematical Tools, (ii) Econometrics, and (iii) Production Economics. The first section contains eight chapters, numbered 1-8, while the second section consists of six chapters, numbered 9-14. The final section has eleven chapters, numbered 15-26.
Each chapter of the book is accompanied by numerous Numerical Illustrations to enhance readers and users understanding of the subject matter. In addition, the book includes some empirical illustrations of the coefficients of Multiple Correlation, Partial Correlation, and Partial Regression, which are presented in two different methods for calculating the coefficient.
Content
Part A: Mathematical Tools: 1. Logarithm, 2. Real Variable Functions, 3. Limits of Functions, 4. Differential Calculus, 5.Maxima and Minima of a Function, 6.Partial Differentiation, 7.Simple Integration, 8.Matrix and Determinants
Part B: Econometrics : 9.Econometrics, 10.Least Square Theory, 11. Simple and Multiple Regression Theory, 12. Violation of Regression Assumptions, (Multicollinearity,Heteroscedasticity Autocollinearity), 13. Theory of Dummy Variables, 14. Advance Econometrics
Parts C : Production Economics: 15. Production Economics: Meaning and Definition, Nature and Scope of Agricultural Production Function, 16. Laws of Returns: Constant, Increasing and Decreasing Marginal Returns, 17.Factor Factor Relationship, 18. Product Product Relationship, 19. Farm Management: Definition, Scope and Importance, 20. Typical Farm Management Decisions, 21. Economic Principles Applied to the Organization of Farm Business, 22. Farm Planning and Budgeting, 23. Risk and Uncertainty, 24. Linear Programming, 25. Farm Management Decisions, 26. Simultaneous Equation Models
Bibliography,Appendix
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