B.A. Economics
2nd Semester Syllabus
Select Paper in this Semester
MJC-2 : Mathematical Methods in Economics
Double-tap topic to mark complete • Long-press for YouTube & AI
Unit 1: Preliminaries
◦Logic and proof techniques
◦Sets and Set Operations
◦Ordered pairs and Cartesian Products
◦Functions and their Properties
◦Number System
◦Basic idea of Permutation and Combination
◦Progression: Arithmetic
◦Geometric and Harmonic Progression
Unit 2: Functions of One Variable
◦Graphs
◦Elementary types of Functions: Quadratic
◦Polynomial
◦Power
◦Exponential and Logarithmic Functions
◦Sequences and Series: Convergence and Divergence
◦Algebraic Properties and Applications
◦Continuous Functions: Characteristics and Properties of Continuous Functions
◦Convergence and Divergence
◦Limit of a Function: Method to Evaluate the Limit of Algebraic
◦Logarithmic and Exponential Functions
Unit 3: Rules of Differentiation
◦Differentiable Functions
◦Derivatives of Sum
◦Difference
◦Product and Quotient Functions
◦Second and higher order derivatives
◦Applications of differentiation in Economics
Unit 4: Single-Variable Optimization
◦Conditions for Maxima and Minima
◦Simple applications of maxima and minima in economics
◦Maximization of profit/net revenue
◦Cost minimization
Reference Books:
- K. Sydsaeter and P. Hammond, Mathematics for Economic Analysis, Pearson Educational Asia: Delhi, 2002.
- Chiang, A. C., Fundamental Methods of Mathematical Economics, McGraw Hill, New York
- Allen, R. G. D., Mathematical Analysis for Economists, Macmillan Press, London
- Yamane, Taro, Mathematics for Economists, Prentice Hall of India, New Delhi
- Monga, G. S., Mathematics and Statistics for Economists, Vikas Publishing House, New Delhi
- Mehta, B. C. & G. M. K. Madnani, Mathematics for Economists, Sultan Chand & Sons, Delhi, Agra
- Sachdeva, S., Quantitative Techniques, Lukshmi Narain Agarwal Publication