ECO 213: INTERMEDIATE MICROECONOMICS

Institution UNIVERSITY OF ELDORET
Course APPLIED ECONOMICS
Year 1st Year
Semester Unknown
Posted By Brian Mike
File Type pdf
Pages 59 Pages
File Size 1.78 MB
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The purpose of intermediate microeconomic theory is to provide an adequate exposition of the basic concepts and techniques of microeconomic analysis. The consumer and producer theory and the theory of markets will be treated mathematically and diagrammatically. Further, pure aspects of general equilibrium theory and welfare economics will be covered.
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LESSON 4: MEASURES OF DISPERSION Trending!
The measures of central tendency are not sufficient measures to reveal the shape of the distribution of data set. The measures that show the spread of a data set are called the measures of dispersion. The main measures of dispersion are range, inter quartile range, standard deviation, variance and coefficient of variation. In this lesson we will discuss these measures of dispersion.
9 Pages 6125 Views 0 Downloads 210.71 KB
LESSON 1: DEFINITION OF STATISTICS, DATA COLLECTION AND DATA PRESENTATION TECHNIQUES Trending!
Statistics is the science of data. This involves collecting, classifying, summarizing, organizing, analyzing, and interpreting numerical information.
7 Pages 8361 Views 0 Downloads 152.45 KB
LESSON 2: MEASURES OF CENTRAL TENDENCY Trending!
One of main objectives of statistical analysis is to obtain one single value that describes the characteristic of the entire mass of unwieldy data. Such a value is called the central value or average value. In this lesson we will consider some of central values which are commonly used.
8 Pages 6256 Views 0 Downloads 213.46 KB
LESSON 3: MEASURES OF CENTRAL TENDENCY cont.. Trending!
In this lesson we will discuss the other measures of location or measures of central tendency namely, geometric mean, harmonic mean, median and mode of given data.
10 Pages 7078 Views 0 Downloads 246.31 KB
THEORIES OF LANGUAGE ACQUISITION Trending!
Over the last fifty years, several theories have been put forward to explain the process by which children learn to understand and speak a language. They can be summarised as follows:
4 Pages 7980 Views 0 Downloads 44.66 KB
SZL 105: LABORATORY METHODS AND TECHNIQUES IN ZOOLOGY Trending!
A laboratory is a closed or isolated environment where scientific experiments and procedures are carried out. Laboratory studies are applied in all areas of science namely. Physics, chemistry,biology, agriculture, health, environment, geology, mining among others.
31 Pages 8417 Views 11 Downloads 681.05 KB
SST 305: Theory of Estimation Notes Trending!
The objective of statistics is to make an inference about a population based on information contained in a sample. Most statistical inference procedures involve either estimation or hypothesis testing. This course looks at estimation.
41 Pages 6424 Views 6 Downloads 3.41 MB
SMA 335: Ordinary Differential Equation 1 Trending!
The subject of differential equations constitutes a very important and useful branch of modern m mathematics. In this lesson we sh all consider some definition of ordinary differential equations.
156 Pages 7330 Views 1 Downloads 2.32 MB
LESSON 7: REGRESSION AND CORRELATION ANALYSIS Trending!
In this lesson we will discuss regression and correlation. Correlation analysis deals with the association between two or more variables; while regression analysis attempts to establish the nature of the relationship between variables.
11 Pages 5744 Views 1 Downloads 271.03 KB
LESSON 6: SKEWNESS AND KURTOSIS Trending!
Skewness refers to lack of symmetry. A skewed distribution is a frequency distribution that is asymmetric (not symmetric). When the longer tail of a distribution extends to the right, it is said to be skewed to the right and when the longer tail of a distribution extends to the left, it said to be skewed to the left.
9 Pages 6175 Views 0 Downloads 257.5 KB