Organisation : Indian Statistical Institute
Announcement : Syllabus
Name of Examination : ISI Admission Test
Subject : M.S.(QE) Master Of Science In Quantitative Economics
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.