Black Book
MGNREGA and Poverty
MGNREGA and Poverty Based on the consumption expenditure numbers of National Statistical Office (NSO) report, rural poverty in India went up by 4 percentage between 2011-12 and 2017-18 to 30 percent. In the case of urban poverty, there was a drop seen of 9 percentage at the same time. Although the urban poverty drop is sharper than the increase in rural poverty, ov…
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Black Book
Hypothesis Testing of MGNREGA - 3
Hypothesis Testing of Mahatma Gandhi National Rural Employment Guarantee Act with Data (Case - 3) Hypothesis - H 0 = MGNREGA has not reduced the poverty in India. H 1 = MGNREGA has reduced the poverty in India. Note: You can use following statistical tests if you have enough primary or secondary data - Z - Test - …
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Black Book
Hypothesis Testing of MGNREGA - 2
Hypothesis Testing of Mahatma Gandhi National Rural Employment Guarantee Act with Data (Case - 2) Hypothesis - H 0 = MGNREGA does not help to increase the employment in Maharashtra. H 1 = MGNREGA does help to increase the employment in Maharashtra. Note: You can use following statistical tests if you have enough primary or s…
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Economics
Phillips Curve
Phillips Curve: Inflation and Unemployment Introduction - Phillips Curve is a curve which advocates the relationship between Inflation and unemployment in the economy. As per the Phillips curve there is a "trade off" between inflation and unemployment. It means there is an inverse relation between inflation and unemployment . According to Phillips c…
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Black Book
Hypothesis Testing of MGNREGA - 1
Hypothesis Testing of Mahatma Gandhi National Rural Employment Guarantee Act with Data (Case - 1) Hypothesis - H0 = MGNREGA’s Budget has not increased in Maharashtra from FY 2018-19 to 2022-23. H1 = MGNREGA’s Budget has increased in Maharashtra from FY 2018-19 to 2022-23. Note: You can use following statistical tests if you have enough primary or secondary data - …
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Economics
Basic Concepts of Economics
Basic Concepts of Economics Story of Behind this Stuff - Hey everyone, After thinking too much about Economics I came to final decision to share some Economics stuff on internet, which may / might be helpful for someone and it will definitely helpful for me to make my economical concepts more accurate. I know that I should have started earlier but, I didn't and …
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Money
Income and Wants
The relation between Income and Wants There is inverse relation between Income and Wants , If you increase your wants - your income will decrease (You will not have enough money or savings from your income) and If you Decrease your wants - your Income will increase ( You will have more money in your hand or Savings). It really does not matter how much money you ar…
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