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syllabus for the subject of veterinary science - Punjab Public Service ...

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PART IIMATHEMATICAL ECONOMICS.1. Variables, Constants and parameters. Relations and functions. Types <strong>of</strong> functions:algebraic and non-algebraic. Graphic representation <strong>of</strong> economic functions.Equations and identities, simultaneous equations. Solution <strong>of</strong> market models,income determination model and IS-LM analysis.2. Derivatives and <strong>the</strong>ir application in economics. Slope versus elasticity. Price,income and cross elasticities <strong>of</strong> demand. Income determination, multipliers andcomparative statics. Optimization <strong>of</strong> economic functions. Constrained optimization ineconomics.RECOMMENDED BOOKS1. Chiang, A.C., Fundamental Methods <strong>of</strong> Ma<strong>the</strong>matical Economics, McGraq Hill,Kogakusha, Ltd.2. Dowling, E.T., Introduction to Ma<strong>the</strong>matical Economics, Schuam’s outlines.

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