Syllabus
Course Code: CC-8 IN-ECO-401 Course Name: Mathematics for Economics-II |
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MODULE NO / UNIT | COURSE SYLLABUS CONTENTS OF MODULE | NOTES |
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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 |
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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. |
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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. |
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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 |