### This is for those preparing for Entrances of M.Sc in Economics in ISI,DSE,JNU,IGIDR,etc

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**ISI MSQE SYLLABUS**

**Mathematics Section**

__Matrix Algebra:__Matrices and Vectors, Matrix Operations.

__Combinatoric:__Permutation and Combination.

__Calculus__

__:__Functions, Limits, Continuity, Differentiation of functions of one or more variables, Unconstrained optimization, Definite and Indefinite Integrals: integration by parts and integration by substitution, Constrained optimization of functions of not more than two variables.

__Linear Programming__

__:__Formulations, statements of Primal and Dual problems, Graphical solutions.

__Theory of Polynomial Equations__(up to third degree).

__Elementary Statistics__

__:__Measures of central tendency; dispersion, correlation, Elementary probability theory, Probability mass function, Probability density function and Distribution function.

**Economics Section**

__Microeconomics:__Theory of consumer behaviour, Theory of Production, Market Structures under Perfect Competition, Monopoly, Price Discrimination, Duopoly with Cournot and Bertrand Competition (elementary problems) and Welfare economics.

__Macroeconomics:__National Income Accounting, Simple Keynesian Model of

Income
Determination and the Multiplier, IS-LM Model, Model of Aggregate Demand and
Aggregate Supply, Harrod-Domar and Solow Models of Growth, Money, Banking and
Inflation.

**DSE Reference Books**

(1) Fundamental
Methods Of Mathematical Economics – Chiang , McGraw Hill.

(2) Macroeconomics – Dornbusch , Fischer - McGraw Hill.

(3) Macroeconomics – Mankiw – Macmillan.

(4) Microeconomics – Pindyck – 5

^{th}Edition – Prentice Hall.
(5) Mathematics for Economic Analysis – Sydsaeter , Hammond
– Perason Education.

(6) Intermediate Microeconomics – H.Varian – 2

^{nd}Edition – Norton & Co.**JNU (CDS) M.A. in Economics Entrance Exam Syllabus**

__Microeconomics:__Demand Curves, Price and Income Elastricity of Demand . Cost Curves , Equilibrium of Firm under Perfect Competition and Monopoly.

__Macroeconomics:__National Income, Theory Of Income Determination, Monetary Policy, Trade and Balance of Payments.

__Descriptive Statistics:__Mean, Median, Mode, Standard Deviation, Correlation Coefficient, Elementary Probability Theory.

__Mathematical Economics:__Elementary Algebra, Coordinate Geometry, Elementary Calculus.

__India’s Economic Development prior to Independence:__India’s Planning & Development Experience since Independence, Basic Indicators of Development.

__International Economics Issues of Contemporary Relevance.__

**Madras School of Economics**

The Entrance Examination will have
100 questions to be completed in 120 minutes. There are two parts – Part A and
Part B. PART A (35 questions) This part contains multiple choice questions on
language, analytical skills and general aptitude. PART B (65 questions) Part B
contains four sections covering simple mathematics, statistics, advanced mathematics
and economics. While the first three sections contain 15 questions each, the
last section on economics will contain 20 questions. All questions carry equal
marks and there are no negative markings.

__Mathematics__– Plus 2 level Mathematics covering functions, linear Algebra, Limits, differential and integral calculus.

__Statistics__– Basic statistics of Plus 2 level covering measures of central tendency, probability distribution ,normal etc.

__Advanced Mathematics__– Graduate level mathematics covering linear algebra, limits and derivatives, optimization, integration etc.

__Economics__– Graduate level economics covering topics in micro- and macro-economics and Indian economic development.