Topic
|
No. of hours
|
Lecture
|
Tutorial/Practical
|
Introductory lecture and course outline - Revision of functions
|
5
|
1
|
1
|
Linear Equations (Graphs, Algebraic solution, supply and demand analysis, National Income determination)
|
10
|
2
|
2
|
Non Linear Equations(Quadratic functions, Revenue, cost and profit)
|
10
|
2
|
2
|
Basic concepts of Differentiation : Economic Applications
|
5
|
1
|
1
|
Midterm Exam
|
|
1
|
|
Partial differentiation: basic concepts, rules and Economic Applications
|
5
|
1
|
1
|
Optimization of economic functions: Economic Applications applying the Lagrange multipliers approach to constrained optimization problems.
|
5
|
1
|
1
|
Integration (Definite and indefinite)
|
5
|
1
|
1
|
Matrices (definition- operations on matrices and determinants, inverse of a matrix, Jacobian Matrix, Hessian Matrix)
|
10
|
2
|
2
|
Homogeneous and Homothetic Functions
Concavity and Convexity; Quasi- concavity and quasi-convexity
|
10
|
2
|
2
|
Final Exam
|
|
1
|
|