Syllabus

Course Code: CC-8 IN-ECO-401    Course Name: Mathematics for Economics-II

MODULE NO / UNIT COURSE SYLLABUS CONTENTS OF MODULE NOTES
1 (i-a)
Analytical geometry- Equation of straight line Slope: Positive & Negative slope, Zero slope, Undefined Slope
(i-b)
The point slope formula; circle, conic sections, parabola, rectangular hyperbola; Applications in economics
2 (ii-a)
Integration-rules of integration, by parts, and by substitution, by partial fractions
(ii-b)
Integration of logarithmic & exponential functions, evaluation of areas, Definite Integral, Economic applications.
3 (iii-a)
Differential equations-solution; homogeneous& non-homogeneous differential equations, Exact differential equation, Economic applications
(iii-b)
Difference equations-Solution, general& particular; Homogeneous & General linear difference equations with constant co-efficient, economic applications.
4 (iv-a)
Linear and quadratic equation and its economic applications, Rate of growth (Compound Annual Growth Rate) and its measurement
(iv-b)
Present value (Or capital value) and its application; Annuities: types, amount and Present value
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