Agricultural price analysis UE Past Papers Questions.

Time series data trends are useful in forecasting, however, this is said to be hindered by one major problem. Basing on your understanding on these data, explain what is actually limiting these data from being used directly in forecasting?

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UNSOLVED

Explain how to overcome unexplained/unpredictable fluctuations in the time series data?

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UNSOLVED

The following matrix is a maize PAM constructed at the farm level.

1. Explain how the data is obtained to construct the PAM table
2. How are the social prices estimated?
3. Interpret the meaning of results in the last row and last column
4. Derive at least three indicators and interpret their policy implications for incentives and efficiency of the implied farm system.

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UNSOLVED

Write short notes on the following :

1. Effect of a producer price support policy on producer surplus.
2. Advantages or uses for generating the Consumer Price Index(CPI) and types of indices compiled in Tanzania.
3. Circumstances under which one would be compelled to use a shadow exchange rate.
4. Nominal versus real protection rates.

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UNSOLVED