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Best of All-Time Online Course

Mathematical Economics

Doon University, Dehradun , UGC 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 equations
  • Explore techniques to solve complex problems
  • Measure the effect of change and discover techniques to improve your decision-making process
  • Explore Economic dynamics

Skills you will gain:
  • Scientific Thinking
  • Logical Thinking
  • Critical Thinking
  • Analytical Thinking

  • Elementary Economics
  • Elementary 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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4.7 rating, based on 146 reviews

Start your review of Mathematical Economics

  • 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.
  • 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...
  • Profile image for Rohan Aaron
    Rohan Aaron

    Rohan Aaron is taking this course right now, spending 10 hours a week on it and found the course difficulty to be medium.

    Economics and on top of that Mathematics - sounds quite difficult & demanding ! This course, however, is made in such a way which induces immense interest and curiosity in the subject of Economics and how Mathematics is used to study Economics. This...
  • 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...
  • Anonymous

    Anonymous is taking this course right now.

    First, I like to congratulate and appreciate the effort put on by Prof.Sikha Ahmad and her team. I have done two courses on mathematics and statistics in my UG and PG,(long back......) but since I have to reequip myself, I registered for this course,...
  • 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
    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.
  • Profile image for Gyanesh Nanore
    Gyanesh Nanore
    The course has given me new perspective to look at the subject of Mathematical Methods of Economics.

    The video lectures are made interesting by using different graphics and helps in engaging you with the subject without distraction.

    The thorough explanation of subject is helpful even if you are starting from scratch. With mathematical methods the basic concept of Economics is also explained as and when required so that you wont lack the idea when solving the problems.


    Gyanesh Nanore
  • Anonymous

    Anonymous is taking this course right now.

    Course content needs some improvement. Some ungraded assignment questions are not discussed in the material provided. References need to be provided in every etext. Use of familiar concepts, terms and definitions would be more helpful. Eg in case of demand and supply curves the convention is to measure price on y axis and quantity on X axis. The reverse presentation may be confusing for undergraduate students.
  • Profile image for Deepanshu Madhok
    Deepanshu Madhok
    This is the best course I had seen till now. I would say that I was that type of person who always get afraid when the mathematics part came but this course has changed my perspective. It not only help me in developing my analytical and critical thinking skills but also now I am able to apply mathematical concepts in my real life. Now I say I started loving mathematical part since I am able to solve questions easily.

    Thank you for a wonderful course
  • Anonymous

    Anonymous is taking this course right now.

    The course is organized and well supplemented with e- text/notes, real life case studies, examples , videos & supplemented readings. I would say that the teachers are really working hard & has been assisting/ supporting us via whatsapp group. From very basic to very advanced , they have covered each topic relevant to Mathematical Economics. Also, the quality of videos is awesome with use of animation & visualization make it interactive & engaging.
  • Anonymous

    Anonymous completed this course.

    It was indeed a great opportunity to learn Mathematical Economics under the guidance of Istheyaaq sir and Sikha Ma'am. I am deeply grateful for them for their efforts in making this course and its contents available to the whole country. I struggled with this subject last year but now I'm more confident and more updated in this arena. I'm certainly inspired to seriously engage in this subject even further and if possible to teach its core contents to others in the future
  • Anonymous

    Anonymous is taking this course right now.

    I have gone through so many online courses but if anyone ask me to Rank one so it's definatley SWAYAM due to the following reasons:-
    a.)Serving the tough topics in such way it makes super easy to understand and remember
    b.) Attached brief videos
    c.) e-notes (Xfactor)
    d.) week sessions and discussion rooms
    e.)whats app groups removes on spot doubts and connect people
    f.) and after all its FREE ! FREE !!

    Big thanks to the whole team, for making this happen.
  • Anonymous

    Anonymous completed this course.

    As a faculty I enjoyed learning this course. The whole module is meticulously planned. Each unit has interlinks with another. Studying made so simple. Any person of any discipline can understand. Videos are awesome. Confidence building is great. All e-text are so concise and easy to understand. The final exam was a happy moment for me. Thanks to the ME team. Special thanks to Sikha mam and Ishteyaaq sir. Eagerly waiting for another course offered by this team.
  • Anonymous

    Anonymous completed this course.

    Dear Ma'am,
    I am Kala from bangalore. And I am working as a lecturer in pu college. I have joined this course by July 21st.
    Really I am enjoying my subject mam with maths combination.
    Your explanation are awesome with examples.
    I loved the demand, supply and price relationships with triangle love story. Set theory (restaurant example ).
    I can assure that whoever join this course will enjoy learning and will try to improve themselves.
    Thank you very mam
  • Anonymous

    Anonymous is taking this course right now.

    I heard about this online course from my miss. I'm very anxious about how the course to go on and how can i follow this. I think it become very difficult for me and thought may i can't complete this course. But now realised that i will complete this course through the interesting teaching provided by the faculty. I can follow the simple notes that provided. Wishing very good wishes to all of them behind this organisation and thank you for your all support.
  • Anonymous
    Mam, This course is very useful to students of economics. You have explained and designed properly. I request you to suggest mathematical techniques with example which are employed for research paper in reputed journal. How can we solve the problems of indian or world economy through mathematical techniques. Please focus on application of derivative, integration, matrix,linear programming, input output in real life. Thank you for making this course to all.
  • Anonymous
    This course will teach you nothing that you don't know till now but it teach you the magic of economics with the help of mathematics..

    Before joining this course I know every basic part of mathematics such as set, calculas, matrix, etc. But I don't know how to use it in real Life..

    It's make economics as a intersting subject..

    I am grateful to be a part of this course..

    And also thankful to ME team for hardwork and teaching style..

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