Overview of Fundamentals of Research Methodology
A brief Review of Basic Concepts of Research, Formulation of Research Problems and Steps of Research, Research Design and Formulation of Hypothesis, Sampling Methods and Techniques, Properties of Data Collection and Measurement and Methods of Primary Data Collection
Review of Basic Statistical Measures
A review application of Measures of Central Tendency, Measures of Dispersion / Variation and Measures of Skewness / Asymmetry
Sampling and Sample Size Estimation
Sample, Population, Sampling frame, Sampling Distributions, Sampling: Probability and Non- Probability Sampling, and Sample Size Estimation
Analysis of Economic Data
a. Quantitative Analysis of Economic Data
Hypothesis Testing, Analysis of Variance and Covariance: ANOVA, ANOCOVA and MANOVA, and Hypothesis Testing for Categorical Data: Chi-Square Test
i. A Review of Basic Multivariate Analysis
Regression and Correlations Analysis, Stepwise Multiple Regression, Forced- Multiple Regression, Regression with Dummy Variables, Regression with Time Lags, Univariate Time Series Analysis: ARIMA, Forecasting
ii. Advanced Multivariate Analysis
Factor Analysis: R-type and Q-type Factor Analyses, Discriminant Analysis, Cluster Analysis
b. Qualitative Analysis of Economic Data
Data Reduction, Data Display, Drawing Conclusions, Reliability and Validity in Qualitative Research, Content Analysis and Narrative Analysis
Writing a Research Report /Paper
Title Page, Abstract, Introduction, Data Sources and Research Methodology, Results and their Discussion, Conclusion and Recommendations, References and Appendices
The aim of this course is to develop the ability of the students to carry out practical quantitative research. The course covers the collection and handling of primary data, the quantitative analysis of secondary source data including multivariate analyses. The statistical and econometric techniques considered within the course can be applied using software SPSS or EViews or Microfit or Stata. A term paper based on academic research is also required from the students. The paper must utilize the advanced research methods in economics that were taught during the semester. The paper constitutes 25 percent of final grade.
Course Learning Outcomes
After successful completion of this course students are expected to:
apprehend the importance of research for an economy and a society in general.
acquire skills for identification of appropriate research problem and parameters.
identify various sources of information for data collection and literature review.
develop a good research proposal for thesis.
develop an understanding of various research designs and techniques.
to execute well-organized research under supervision in an area of their selection.
understand the ethical dimensions of conducting research.
equip with skills for writing a quality research report/thesis.
Introduction to Research Methodology
How to write a literature
Effective data collection: Techniques and Tools
Book Title : Social Research Methods: Qualitative and Quantitative Approach
Author : W. Lawrence Neuman
Edition : 7th
Publisher : Pearson
Book Title : Research Methodology: Methods and Techniques
Author : C.R. Kothari
Edition : 2nd (Revised)
Publisher : One World