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Mathematical Economics

UGC , Doon University, Dehradun and CEC via Swayam


Welcome Dear Learner!It is a pleasure to welcome you to the course Mathematical Economics.This course has been designed to make the study of Economics using Mathematics simple and easy to understand.Apart from Economics, this course will be beneficial to solve problems in Engineering, Architecture, Medicine, Finance, Management, Policy-making and Analytics.Objectives of the course:Build models by expressing words in symbols, numbers and equationsExplore techniques to solve complex problemsMeasure the effect of change and discover techniques to improve your decision-making processExplore Economic dynamicsSkills you will gain:Scientific Thinking Logical ThinkingCritical ThinkingAnalytical ThinkingPre-requisites:Elementary EconomicsElementary Mathematics


Week 1:Number Systems, Set Theory andFunctionsWeek 2:Economic ModelsWeek 3:Utility andPartial Equilibrium Market ModelWeek 4:MatrixAlgebra
Week 5: Application ofMatrix in Market Model andNational Income ModelWeek 6:Input-Output Analysis
Week 7:DifferentiationWeek 8:Linear ProgrammingWeek 9: Duality in Linear ProgrammingWeek 10: Integration and its ApplicationsWeek 11:Differential Equations Week 12: ExactDifferential Equations and Second Order Differential EquationsWeek 13:Difference Equations
Week 14:Applications of Difference Equations in EconomicsWeek 15:Computational Economics

Detailed Syllabus: Click here

Taught by

Ms. Sikha Ahmad and Mr. Ishteyaaq Ahmad

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4.8 rating, based on 193 reviews

Start your review of Mathematical Economics

  • It is really one of the best course. I am a continuous learner from swayam nptel. I have done courses orgsnised by mooc of IIT KGP, IIT KANPUR, IIT MADRAS, IIMB, IISC BANGALORE, IIT ROORKIE etc. I found this one is the best among them in terms of syllabus, delivery, course outcomes and quality.
  • Profile image for Prabhjot Kaur
    Prabhjot Kaur
    This is the BEST online course I 've taken ....

    I really appreciate the care taken to script each and every topic and I also like the animation that had made this course more attractive too . The Coordinators are great,explains the material clearly with plenty of real life examples.Even the whatsApp group had been made to clear our each & every doubts .

    Overall, I consider this a great course, with the great Coordinators and I would recommend it to everyone!
  • Anonymous
    Credit goes to Sikha madam, Ishteyaaq sir and the complete team of Mathematical Economics Swayam course for delivering the academics as per the need and aspirations of learners. Credit also goes to the advisors and resource persons. Thank you all. Course...
  • Anonymous
    The course is very helpful in enhancing our mathematical skills.The creative videos are there which help us in understanding the concept and it almost give us the feel like that we are studying in a classroom. Whatsapp group is there where we get all the important information and makes it easier for us to understand everything. And we can solve our problems by asking teachers.
  • Shubhangi B. Patil

    Shubhangi B. Patil is taking this course right now, spending 5 hours a week on it and found the course difficulty to be easy.

    I really liked the course.the course is very well organised and upto the mark. Along with videos on mathematical economics, I also liked the last video on how to communicate in mooc discussion forum.The coordinator and her team must have put lot of efforts and made proper planning before starting this course. I am a assistant professor in economics always wanted to learn econometrics n mathematical economics, but could not get time , the foreign course on same were difficult to understand due to their language pronouciation, but this Indian course is very very good and easy to understand.looking forward to you for a series of such courses taking us from basic to advanced learning of the subject. Shikha mam, I have become your fan.thank you.
  • Anonymous
    this course is really appreciate and helpful to us. each and every topic is very good and I also like the animation that had made this course more attractive too . The Coordinators are explains the material clearly with plenty of real life examples.
  • Anonymous
    This is one of the best course I have ever seen. They take the concept in a nice manner. The method of analysing, explaining are top in their shelves. Moreover Swayam doing great with offering some exceptional courses for free.
  • Profile image for Bharath HB
    Bharath HB
    Bharath H B Taken Mathematical Economics course from Swayam Why I have taken this course? I am Pursuing MA in economics from IGNOU. As I had a keen interest in learning Mathematical economics, my couriosity made me to take up this wonderful course...
  • Anonymous
    This course is very helpful to me and very appreciate to us. Your making video of this corse is easier understand to us.
  • Anonymous
    Hello everyone this is CA. Shailendra Godha from Indore. I always have an interest in economics. Though I have a basic level of knowledge but This is the course which is giving me an other level of knowlede. The course is very helpful in enhancing our...
  • Profile image for Francis Obeng
    Francis Obeng
    This program has actually enlightened me to understand more about Mathematics. It gives meaning to every Maths expressions or equations. I'm a Maths student but have come to appreciate Maths more because of economics. I have now understood that every...
  • The course is really something to look upto,for its simplicity and design.Something which is not too hard hitting and heavy,easy to comprehend and engaging at the same time.

    Never thought that graduates too could learn in a fun way!It comes in small doses,to be absorbed and assimilated,one concept at a time.True wisdom is making something complex,as easy as possible,and the creators of the course have succeeded in doing so.While Maths and Economics are generally assumed(at least i do so)to be all complex stuff ,the course makes you believe you are going through a text book meant for a child,with pictures and games and lots of colors ,contrary to the black and white endless pages of equations and complex notations.
  • Anonymous
    Dear teachers, thank you so much for your constant attempt to make us learning mathematical economics. The course as of now has been quite helpful. You have made the concepts and theories easy to understand. It has been made so simple to understand that even a non-mathmatical background student can find easy to grasp after a little efforts. Mathmatics in economics these days are very essential, this could help us to express theories and model in concise form. We all believe that each and every student of economics need to analyse economic theory and models in mathematical form. They must also understand the theory very clearly. I believe your enthusiastic training will help everyone to achieve their goals. Thank you once again.
  • Anonymous
    I have taken other courses on the swayam platform last semester and currently am also taking other courses apart from ME. As a matter of sincerity, the presentation, the course content and the practicality of the course make it one of the best courses I have taken on swayam.

    Although, before the course started I anticipated a more mathematically rigorous course, because I have a background in mathematics with economics, that has not been the case.

    I really appreciate Sikha's authority over the subject matter and her presentation skills.

    It's a good course, and I will recommend for anyone who wants to have insight into mathematical economics.

  • Anonymous
    It's a nice digital platform to learn and upgrade our own knowledge. So Thanks to swayam. Shikha madam and her team took lot of efforts to reach and easily explain the contents. So lot of thanks to Shikha mam.Her practical examples also too realistic and easily understood. Overall course clear the idea about mathematics and relation with economic s. Importants of mathematics in daily once again thanks to all. One kindly request if Shikha mam if you start new one course please intimate us. Please if possible.Thank you.

  • Anonymous
    Mathematical Economics has been one of the best online course I have been a part of. Sikha Ma'am was awesome in delivering the content of the course. Videos were sleek and interestingly made. It made the learning enjoyable. I liked the content of the course and how it progressed. I just loved the assignment questions. It was so out of the box and made me think hard. I thoroughly enjoyed I think other courses on swayam need to take a leaf out of ME course. warm wishes to the team of ME.
  • Anonymous
    Explanation of the concept was so amazing and graphics, diagrammatic presentation also very helpful for me to understand.

    Every point was cleared very peacefully.
  • It's great; succinct, goes through all the basic concepts in a quick way - basically if you want, you could skim right through @ 1 hr/week pace and still get the zest. However, deeper diving is needed for most of the topics.

    I think it's ideal for brushing up and a shallow dive (with books provided!) in maths, linear algebra, analysis, statistics, economics etc.

    Cheers and thanks for creating it!
  • Anonymous
    This course is easily understandable even for one who hails from humanities background like me. Maths was once a monster for me.. after I joined this course, I can now feel a better version of myself in dealing with mathematical economics. The creative explanation of this staff made this course more interesting. The surprises show their passion for the development of skills in the students. Thank you 'Swayam' for making me meet this amazing teachers.
  • Anonymous
    The course is designed is an extremely engaging way. The explanatory videos of short duration never let us bored down. Further the way of teaching is so creative full of real life interesting examples. Its really fun to learn Mathematical Economics from this course. Heartfelt thanks to the course mentors. Expecting more such courses on the other papers of Economics too.

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