POST SAU : Let's discuss !!!

[AnonymousNow]

There was one more question like 3 and 35 . Does someone recall it? there was an option of both this and that... In my Q.paper Set B, it was in the last page, the 1st in dat page. Also there was one question risk-averse, risk-loving etc ? Is it risk averse ? And there was this question about rural wage being 150, urban wage being 220 and 110. Wat would that be ?

[Ashima]

Yeah this 3 and 35 I marked 3

I marked risk averse using some expectations logic

For the rural wage I have no idea :(

[AnonymousNow]

There was a biscuit sum, to find elasticity. it would be 6 na ?

[Ashima]

Yes 6! :)

[Ashima]

What did you mark for this 3 and 35? Jaydee?

[AnonymousNow]

And one question On srilanka-bangladesh. I wrote dat Srilanka's currency will appeciate 6% (maybe, or 3??? ) wrt Bangladesh's taka....
And one question whose answer I marked as "public policy...." Anyone got any answer with public policy?? And wat about control trial methodology ??

[E A Ibrahim]

@ Jaydee.
Most of our answers match. I too didn't get the answer for the differentiation question that till the last moment. I am pretty sure that it is -4/ denominator.
Unbalanced growth is the doctrine by Hirschman. Sure.
For the homosdascity question, the answer is constant variance. I cross-checked with Gujarati. I made a blind guess and got it right.

As for the results, noting can be said. Since the test has no negative marking, those who are lucky would get through. Nevertheless, luck always favours the hard-working.

[AnonymousNow]

I think 35. there were two similar questions and I remember marking the bigger number for one of them. I sucked in the maths part. regretted not doing a single differentiation sum this year. Knew them all but forgot the formula and all  And macro was horrible. What did they assume us to be? Planning commission members?

[E A Ibrahim]

For the question involving rural-urban migration, I think the answer should be that no such migration would take place. It is because, expectation ( wage in rural area) > E(urban).

[Anjali]

@jaydee I have no idea of this 3 and 35 question
But yes , that was hirschman , and I also marked mortality option in the 3rd question.
Are you sure about its recognition across the world ?
I guess for K and L, I also got the same answer as yours.

[Ashima]

yea it was -4/denominator. I got that

I marked this also 3 :( Damn it!

Srilanka one yes appreciated!

Homoscedasicity constant variance!

As for the rural urban migration will happen because the expectation of the urban formal plus informal was coming some 500 > rural.

[AnonymousNow]

Homodascity galat ho gaya and rural-urban too.

@anjali Yeah dun worry it will be recognized. But devt.eco is not strictly eco, so we might not b able to apply fr certain jobs , provided we clear it. I won't it seems

[Anjali]

I also marked no migration for rural urban question. My paper set was A , I guess some questions are different for different sets. Are you sure about homoscedasticity ? Why no zero error mean ? And there were questions where X and Y were multiplied by 100 , so what's the impact on slope coefficient and intercept . What did you people mark ?
I marked remain same for slope coefficient and changes by 100 for intercept.
Also , please guide that for which all upcoming papers ecotrix is essential ?

[Ashima]

Yeah even my set was A.

Yeah regression both correct Jaydee :)

Anjali for rural-urban there were two options for migration.

Which one you marked?

And Jaydee ecotrix was never asked in SAU also, but since it was aksed this time. We can't say anything. :(

[Anjali]

I applied the formula of urban -rural and the rural wage was coming to be greater . Dunno if its wrong. @jaydee which kind of jobs are you referring to , where dev Eco will not be acceptable ?

[AnonymousNow]

Dunno about eco'trix, have not touched it. @anjali I wrote the same for those coeff and intercept problem. But i think for intercept i wrote 100^2 :-(
 @ashima So what will Be the exact answer/option for that rural-urban question? Rural popu will migrate till their wages become 140 or zero ??
 

[Homer Simpson]

1) for the rurual-urban thing, i dont think migration would happen. I calculated the probability of getting urban job as (50000/550000) = 1/11

that means, expected wage from urban sector = 1/11 x 440 + 10/11 x (forgot what the informal wage was)

i remember that this expected wage was lower than that from rural sector with certainty ( <140)

So no incentive for migration.

2) for that K and L problem, i got K=160 and L=10 (i may have mixed up the rental and wage rates )

3) it will be risk neutral as expected payoff is 1000 from gamble, same as option with certainty.

[AnonymousNow]

@tsuki You brought me some real bad news with those answers  

[E A Ibrahim]

I marked the same for the question involving regression co-efficients. Not at all sure about it. From last year onwards, JNU has started incorporating questions on econometrics (5 at the most) in their question papers. For DSE it is almost sure. I don't think it will be there for MSE and IGIDR. Did you people recieve the IGIDR hall tickets. I got mine through e-mail.

[Anjali]

Yes even I marked risk neutral , because whether we take risk or not , amount was same.