STA421L ECONOMIC STATISTICS LAB

4 Hours/Week, 2 Credits

Construction of price, quantity, value index and cost of living index, determination of trend and seasonal variation, fitting of Pareto and lognormal distribution, Lorenz curve and Giniís concentration ratio, estimation of production functions: CD, CES, translog, generalized forms of CD and CES production functions. Computation of Engelís elasticities. Construction of input output table.