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# isical.ac.in ISI Admission Test MS QE Syllabus Master Of Science In Quantitative Economics

** Organisation **: Indian Statistical Institute

**: Syllabus**

__Announcement__**: ISI Admission Test**

__Name of Examination__**: M.S.(QE) Master Of Science In Quantitative Economics**

__Subject__** Home Page **: http://www.isical.ac.in/

**: http://www.syllabus.gen.in/uploads/1227-MSQE.pdf**

__Download Syllabus__## MS – QE Syllabus :

**PEA Mathematics **:

** Algebra **: Binomial Theorem, AP, GP, Series, Permutations and Combinations, Theory of Polynomial Equations.

Related: ISI Admission Test M.Maths Syllabus Indian Statistical Institute : www.syllabus.gen.in/1223.html

** Linear Algebra **: Vectorspaces, linear transformations, matrix representations and elementary operations, systems of linear equations.

** 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.Convexity and quasi-convexity.

Constrained optimization of functions of not more than two variables.The implicit function theorem, homogeneous and homothetic functions.

** Elementary Statistics **: Elementary probability theory, measures of central tendency, dispersion, correlation and regression, probability distributions, standard distributions – Binomial and Normal

**PEB Economics **:

Microeconomics : Theory of consumer behaviour, theory of production, market structure under perfect competition, monopoly, price discrimination, duopoly with Cournot and Bertrand competition, public goods, externalities, general equilibrium,welfare economics.

** Macro Economics **: National income accounting, simple Keynesian Model of income determination and the multiplier, IS-LM Model, models of aggregate demand and aggregate supply, money, banking and inflation, Phillips Curve,elementary open-economy macroeconomicsHarrod-Domar, Solow, and optimal growth models.