Mathematical Methods for Economics

1. Set Theory 2. Variables and Functions 3. Equations and its Types 4. Co-ordinate Geometry 5 .Concept of Limit 6 .Differentiation 7. Partial Derivative and Homogeneous Functions 8. Applications of Derivatives in Economics : Total, Average and Marginal Cost and Revenue Analysis 9. Maxima and Minima 10. Monopoly : Price Determination, Measurement of Monopoly Power, Monopoly Control and Taxation and Monopoly Regulation 11. Price Determination Under Perfect Competition 12. Integration 13. Applications of Integration in Economics 14. Matrices 15. Determinant and Cramer’s Rule, 

International Economics

UNIT - I 

1. International Economics : Definition, Nature and Importance 2. Gains from International Trade : Their Measurement and Distribution 3. Comparative Cost Advantage (Ricardion) 4. Hecksher-Ohlin Theory of International Trade

UNIT - II 

5. Free Trade Vs. Protection 6. Methods of Trade Restriction and Their Impact (1) : Tariff 7. Methods of Trade Restriction and Their Impact (2) : Import Quotas, 

UNIT - III 

8. Exchange Rate Determination : Gold Standard 9. Devaluation and Over Valuation of Currency

UNIT - IV 

10. Concept and Components of Balance of Trade and Balance of Payment 11. Equilibrium and Disequilibrium in Balance of Payment and Consequences of Disequilibrium in Balance of Payment, 

UNIT - V 

12. International Monetary Fund 13. World Bank 14. WTO with Reference to India 15. Balance of Payment Crisis 16. Need and Importance of Foreign Capital

Economic Development and Policies in India-I

1. Issues in Economic Growth, Development and Sustaina-bility 2. Issues in Sustainable Development 3. Factors in Development : Capital Formation Technology and Institutions 4. Demographic Features or Trends of India 5. Urbanisation in India 6. Occupational Structure : Organised and Unorganised Sectors 7. Poverty and Competitiveness in India 8. Economic Development and Inequality of India 9. Unemployment in India and Employment Planning and its Impact 10. Savings and Investment in India 11. Mobilisation of Internal and External Finance 12. Monetary Policy of India 13. Fiscal Policy of India 14. Centre-state Financial Relations in India.