1.What are aims of the study? How do they differ from objectives?[4]

2.Distinguish the report writing process in both qualitative and quantitative research. What features do they have in common, and how might they differ? Discuss with reference to examples of qualitative and quantitative research. [4]

3.An Economist is interested in the relationship between external debt and macroeconomic fundamentals in Namibia. The following hypothesis is tested:H_o: there is no relationship between external debt and macroeconomic fundamentals in Namibia. Answer the following questions;

a.Which variables will represent the macroeconomic fundamentals? [4]

b.Identify the independent and dependent variables [4]

c.Specify an econometric model for the problem in 2. Above. Use economic theory to describe the a-priori signs of the parameters. [6]

d.Explain the nature and source of data for the model specified in c) above.[4]

4.Explain the concept of a theoretical framework and its relevance in, addressing an economic research process.[4]

5.Professor PY is tasked to conduct an empirical study on why NUST students performs poorly in quantitative modules. To do the study, he selected 25 students from the student records to participate in his study. Answer the following questions?

a.Specify the population of the study[2]

b.Specify the target population[2]

c.Specify the sampling frame[2]

d.Specify the Sample[2]

e.Explain the problem that Prof. PY is likely to face as far as internal and external validities are concerned[4]

f.Briefly advice how Prof. PY can produce a completely unbiased sample of a population?[4]

4.Briefly discuss what is meant by peer review in scientific research.