M.Sc. in Economics

The Masters program involves a successful completion of 16 courses (8 compulsory and 8 optional). Students must have a minimum CGPA of 6 at the end of each year to be awarded with a degree. In addition all the university requirements should be met.
58

Total Credits

40

Core Credits

18

Major Electives

Core & Elective Courses

Core Courses

The first year of training in a Masters program consists of a sequence of two courses in microeconomics, macroeconomics, mathematical and computational methods and econometric methods.

Course code
Title
Credit
ECO501
Microeconomics I
4

Microeconomics I

ECO502
Macroeconomics I
4

Macroeconomics I

ECO503
Econometrics I
4

Econometrics I

ECO511
Microeconomics II
4

Microeconomics II

ECO512
Macroeconomics II
4

Macroeconomics II

ECO518
Computational Economics
4

Computational Economics

ECO522
Econometrics II
4

Econometrics II

MAT103
Mathematical Methods I
4

Core course for all B.Tech. Optional for B.Sc. (Research) Chemistry. Not open as UWE.

Credits (Lec:Tut:Lab)= 3:1:0 (3 lectures and 1 tutorial weekly)

Prerequisites: Class XII Mathematics.

Overview:  In this course we study multi-variable calculus. Concepts of derivatives and integration will be developed for higher dimensional spaces. This course has direct applications in most engineering applications. 

Detailed Syllabus:

  1. Review of high school calculus.
  2. Parametric curves (Vector functions): plotting, tangent, arc-length, polar coordinates, derivatives and integrals.                                                                    
  3. Functions of several variables: level curves and surfaces, differentiation of functions of several variables, gradient, unconstrained and constrained optimization.
  4. Double and triple integrals: integrated integrals, polar coordinates, cylindrical and spherical coordinates, change of variables.
  5. Vector fields, divergence and curl, Line and surface integrals, Fundamental Theorems of Green, Stokes and Gauss.

References:

  1. A Banner, The Calculus Lifesaver, Princeton University Press.
  2. James Stewart, Essential Calculus – Early Transcendentals, Cengage.
  3. G B Thomas and R L Finney, Calculus and Analytic Geometry, Addison-Wesley.
  4. Erwin Kreyszig, Advanced Engineering Mathematics, Wiley.

Past Instructors: Ajit Kumar, Sneh Lata

Elective Courses

In the second year, the students are offered an array of electives each semester depending on the faculty and their research topics, and the students are free to choose four courses each semester from what is offered.

Course code
Title
Credit
ECO505
Game Theory
3

Game Theory

ECO532
Development Economics
3

Development Economics

ECO653
Advanced Econometrics
3

Advanced Econometrics

ECO654
Public Economics
3

Public Economics

ECO661
Industrial Organization
3

Industrial Organization

ECO665
Labor Economics
3

Labor Economics

ECO686
Topics in International Trade
3

Topics in International Trade

ECO693
Time Series Econometrics
3

Time Series Econometrics