M.A. ECONOMICS (SEMESTER-WISE) - Dr BR Ambedkar University

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DR. BHIM RAO AMBEDKAR UNIVERSITY, AGRA .M.A. ECONOMICSSEMESTER WISE - DETAILED SYLLABUSTHIRD SEMESTEROPTIONAL PAPER – 304 (D)QUANTITATIVE METHODS IN ECONOMICSUNIT 1:Concept of function and types of functions, Limit, continuity and derivative, Rules of differentiation,Interpretation of revenue, cost, demand, supply functions, Elasticity and their types, Multivariablefunctions.UNIT 2:Concept and types of production functions, Rules of partial differentiation and interpretation of partialderivatives, Problems of maxima and minima in single and multivariable functions, Simple problems inmarket equilibrium.UNIT 3:Determinants and their basic properties, Growth models and lagged market equilibrium models.UNIT 4:Linear programming — Basic concept, Formulation of a linear programming problem — Its structure andvariables, Nature of feasible, basic and optimal solution, Solution of linear programming throughgraphical and simplex method, Concept of a game.UNIT 5:Meaning, assumptions and limitations of simple correlation and regression analysis, Concept of the leastsquares and the lines of regression.Page 58
DR. BHIM RAO AMBEDKAR UNIVERSITY, AGRA .Recommended Books• Allen, R.G.D., Mathematical Analysis for Economists, Macmillan Press and ELBS, London.• Chiang, A.C., Fundamental Methods of Mathematical Economics, McGraw Hill, New York.• Gupta, S.C., Fundamentals of Applied Statistics, S. Chand & Sons, New Delhi.• Handry, A.T., Operations Research, Prentice Hall of India, New Delhi.• Speigal, M.R., Theory and Problems of Statistics, McGraw Hill Book Co., London.• Taha, H.A., Operations Research: An Introduction (6th Edition), Prentice Hall of India Pvt. Ltd.,New Delhi.• Yamane, Taro, Mathematics for Economists, Prentice Hall of India, New Delhi.• Baumol, W.J., Economic Theory and Operations Analysis, Prentice Hall, Englewood Cliffs, NewJersey.• Monga, G.S., Mathematics and Statistics for Economists, Vikas Publishing House, New Delhi.• Kothari, C.R., An Introduction to Operations Research, Vikas Publishing House, New Delhi.Page 59
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M.A. ECONOMICS (SEMESTER-WISE) - Dr BR Ambedkar University

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