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ba pt II - Maharshi Dayanand Saraswati University, Ajmer, Rajasthan

ba pt II - Maharshi Dayanand Saraswati University, Ajmer, Rajasthan

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ADDITIONAL READING LIST<br />

• Gadgil, D.R. (1971), The Industrial Evolution in India in Recent Times,<br />

1860-1939, Oxford <strong>University</strong> Press, Bom<strong>ba</strong>y.<br />

• Government of India, Economic Survey (Annual), Economic Division,<br />

Ministry of Finance, New Delhi.<br />

• Naoroji, D. (1962), Poverty and Un-British Rule in India, Low Price<br />

Publication, Delhi.<br />

• Planning Commission, Nintenthth Five Year Plan, Government of India,<br />

New Delhi.<br />

• Singh, V.B. (Ed.) (1965), Economic History of India, 1857-1956, Allied<br />

Publishers Private Limited, Bom<strong>ba</strong>y.<br />

• Ahluwalia, I.J. and I.M.D. Little (Eds.) (1999), India's Economic Reforms<br />

and Development (Essays in honour of Manmohan Singh), Oxford<br />

<strong>University</strong> Press, New Delhi.<br />

• Jalan, B. (1992), The Indian Economy : Problems and Prospects, Viking,<br />

New Delhi.<br />

• Jalan, B. (1996), India's Economic Policy - Preparing for the Twenty-first<br />

Century, Viking, New Delhi.<br />

• Parikh, K.S., India Development Report (latest), Oxford <strong>University</strong> Press,<br />

New Delhi.<br />

• Datt, R. (Ed.) (2001), Second Generation Economic Reforms in India, Deep<br />

& Deep Publications, New Delhi.<br />

or<br />

Application of Mathematics to Economics<br />

3 hrs. duration Max. Marks 100<br />

Unit I<br />

Application of Calculus- Theory of Consumer Behaviour - Maximation of Utility,<br />

Slutsky Equation Derivation of demand curve, consumer's surplus, elasticity of<br />

demand.<br />

Theory of Firm- A well behaved production Function. Cobb Douglous and CES<br />

Production Function- Linear Homogenous Production function.<br />

Unit <strong>II</strong><br />

Elasticity of substitution, Producer's surplus. Application of difference and<br />

differential equation, Cob-web Model, Conce<strong>pt</strong> of multiplier and accelerator.<br />

Trade cycle Models of Hicks and Samuelson. Linear Programming- Graphical<br />

solution, Simplex Method- Primal and dual, Game theory- The zero sum Two<br />

persons Game, Maximin and Minimax, Saddlepoint.<br />

Unit <strong>II</strong>I<br />

Input output analysis- Open and closed Leontief Model, Components of Final<br />

Demand and Value added. Determination of capacity output level and investment<br />

requirements.<br />

Syllabus/B.A. Part -<strong>II</strong> / 49 50 / Syllabus/B.A. Part -<strong>II</strong><br />

BASIC READING LIST<br />

• R.G.D. Allen- Mathematical Analysis for Economics<br />

• Henderson & Quand, Micro Economic Theory, Mathematical approach,<br />

Latest Edition, Mcgrew Hill Tokyo<br />

• Chiang- Alpha C: Fundamental methods of mathematical Economics.<br />

• W.J. Baumal Economic Theory and operations Analysis.<br />

• G.C. Archiblad & R.G.K. Lipsey An introduction to a Mathematical<br />

treatment of Economics.<br />

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