Objectives of the Course:
# Do you want to learn how to take quick and wise decisions?
# Do you want to learn the art of scientific thinking, logical thinking and critical thinking so that you can use them in your daily economic activities?
# Do you want to save your time, money and energy?
If you want to find an answer to all the above questions and if you wish to make your life simple, easy and interesting to live, this course is just for you!
Apart from Economics, this course will be beneficial to solve problems in Engineering, Architecture, Medicine, Finance, Management, Policy-making and Analytics.
Outcomes of the Course:
After completing this course, you will have learnt:
# How to build models by expressing words in symbols, numbers and equations
# New techniques to solve complex problems
# To measure the effect of change and discover techniques to improve your decision-making process
# Economic dynamics and solve problems through adjustments with time.
# A new dimension of scientific, logical and critical thinking, that will assist your mind to solve personal, professional and social problems and guide you to take wise decisions.
# Elementary knowledge of Economics and
# Elementary knowledge of Mathematics
Module 1: Number Systems and Set Theory
Module 2: Functions
Module 3: Problems and Solutions
Module 4: Model- An Introduction
Module 5: Economic Models
Module 6: Problems and Solutions
Module 7: Concept of Utility
Module 8: Partial Equilibrium Market Model
Module 9: Problems and Solutions
Module 10: Matrix- An Introduction
Module 11: Matrix Algebra and Linear Models
Module 12: Concepts in Matrix Algebra and Matrix Methods
Module 13: Problems and Solutions
Module 14: Matrix and Market Model
Module 15: Matrix and National Income Model
Module 16: Problems and Solutions
Module 17: Input-Output Analysis-An Introduction
Module 18: Open and Closed Input-Output Model
Module 19: Problems and Solutions
Module 20: Differentiation-An Introduction
Module 21: Optimization: Maxima and Minima
Module 22: Problems and Solutions
Module 23: Linear Programming- An Introduction
Module 24: Solution to LP-Graphical Method
Module 25: Dual and its interpretation
Module 26: Problems and Solutions
Module 27: Integration- An Introduction
Module 28: Applications to Economic Theory.
Module 29: Differential Equations-An Introduction
Module 30: First Order Linear Differential Equations
Module 31: Exact Differential Equations and Second Order Differential Equations
Module 32: Applications of Differential Equations in Economics
Module 33: Problems and Solutions
Module 34: Difference Equations- An Introduction
Module 35: First Order Difference Equations
Module 36: Second Order Difference Equations
Module 37: Applications of Difference Equations in Economics
Module 38: Problems and Solutions
Module 39: Computational Economics-An Introduction
Module 40: Computational Solution Tools
Ms. Sikha Ahmad and Mr. Ishteyaaq Ahmad