Mathematics for Economics &ndash; Basics
Mathematics is the language of modern economics, yet many students find it intimidating. This course is designed to change that. Mathematics for Economics &ndash; Basics explains the essential mathematical tools every economics student needs, in simple, clear, step-by-step language, with no prior advanced knowledge required.
Each concept is built from the ground up and connected to how it is actually used in economic analysis, whether it&rsquo;s finding marginal cost and marginal revenue, optimizing profit, calculating consumer surplus, or solving systems of equations in market models.
What you will learn
<ul>
	<li>Set Theory: Sets, operations on sets, and Venn diagrams</li>
	<li>Relations and Functions: Types of relations and functions, and how economic variables relate to each other</li>
	<li>Permutation and Combination: Counting techniques and their applications</li>
	<li>Differentiation: Rules of derivatives, rates of change, and applications such as marginal analysis and optimization</li>
	<li>Integration: Basic techniques of integration and applications such as total cost, total revenue, and consumer and producer surplus</li>
	<li>Matrices and Determinants: Matrix operations, determinants, inverse of a matrix, and solving linear equations</li>
</ul>
Who is this course for?
This is a basic course for every economics student, whether you are studying at UG or PG level or preparing for an exam such as:
<ul>
	<li>CUET Economics</li>
	<li>UGC NET</li>
	<li>Assistant Professor recruitment exams</li>
	<li>RBI Grade B</li>
	<li>Any other exam that tests economics</li>
</ul>
It is also ideal for anyone who wants a strong mathematical foundation before studying microeconomics, macroeconomics, or econometrics.
What you&rsquo;ll gain
By the end of this course, you will be comfortable with the core mathematical concepts used in economics, able to solve problems confidently, and ready to move on to advanced economic theory and quantitative subjects.
Course validity: This course comes with 2 years of validity, so you can learn at your own pace and revisit the lessons whenever you need.
Refund policy: Please note that once the course fee is submitted, it will not be refunded.&nbsp;

Mathematics for Economics - Basics

Econeeti

<h2>Mathematics for Economics &ndash; I | Eco. Hons. | Rajasthan University</h2>
Welcome to Mathematics for Economics &ndash; I, a comprehensive course designed for Economics Honours students of Rajasthan University. This course covers the mathematical concepts and techniques essential for understanding economics, with a focus on building strong conceptual foundations and developing problem-solving skills.
One of the biggest advantages of this course is its lifetime validity. Mathematics is a subject in which concepts learned today can be useful throughout your academic journey. Suppose you are studying in the second semester or a later semester and find it difficult to understand differentiation, integration, partial derivatives, or other mathematical concepts. You can return to this course, revisit the relevant recorded lectures, and strengthen your understanding whenever you need to. This course can also serve as a valuable resource for students preparing for CUET-PG, UGC NET Economics, MA Economics entrance examinations, RBI Grade B, and other competitive examinations that require a strong foundation in mathematical concepts. Whether you want to clear a doubt, revise the basics before an examination, or practise important concepts again after months or years, you can revisit the lectures at your convenience. Instead of treating Mathematics as a subject to study only for one semester, make this course a long-term learning resource that supports your academic growth and examination preparation. Purchase once and revisit the concepts whenever you need them, with lifetime course validity.
The course covers Sets, Relations and Functions, Differential Calculus, Integral Calculus, Matrix Algebra and Determinants, along with important applications in Economics. The syllabus is organised into four units to help you study systematically and prepare effectively for your examinations.
<h2>COURSE FEATURES</h2>
Course Format: Recorded Video Lectures
Target Students: B.A. Economics Honours students
University: Rajasthan University
Study at your own pace and revisit the recorded lectures whenever you need to revise concepts or practise mathematical techniques.
<h2>DETAILED SYLLABUS</h2>
<h3>UNIT I: SETS, RELATIONS AND FUNCTIONS</h3>
(25 Lectures)
The concept of Sets, Set notation, relationship between Sets, operation on Sets, laws of Set operations. Relations and Functions. Functions and their graphical representations&mdash;constant functions, polynomial function and its subclasses, rational functions, algebraic v/s non-algebraic functions, exponential functions, logarithms and logarithmic functions, slope of linear and non-linear functions, functions of two or more independent variables.
<h3>UNIT II: DIFFERENTIAL CALCULUS</h3>
(20 Lectures)
Differential Calculus: concept of derivative; rules of differentiation for a function of one variable; rules of differentiation involving two or more functions of the same variable; rules of differentiation involving functions of different variables; derivatives of exponential function and logarithmic functions. First and second order partial derivatives of two independent variable functions. Total differential and total derivatives of functions having more than one independent variable; implicit function and its derivative.
<h3>UNIT III: INTEGRAL CALCULUS</h3>
(25 Lectures)
Integral Calculus: Concept of Integration; Indefinite and Definite Integrals and its application in Economics&mdash;Consumer surplus and Producer surplus.
<h3>UNIT IV: MATRIX ALGEBRA AND DETERMINANTS</h3>
Matrix Algebra and Determinants: Matrices and Vectors, Matrix Operations; Basic principles of Matrix addition and Multiplication, commutative, associative and distributive laws. Type of Matrices and their properties, Determinants&mdash;second-order and third order determinants, relation between Minors and Cofactors; Basic properties of Determinants; the Transpose of a Matrix, the Cofactor Matrix, Adjoint of a Matrix, finding the Inverse of a Matrix. Solution of linear simultaneous equations by Matrix Inversion method and Cramer&rsquo;s rule.
<h2>IMPORTANT INFORMATION BEFORE PURCHASING</h2>
1. Recorded Course: This is a recorded video course, not a live class. Please consider this before enrolling.
2. Demo Classes: Students are strongly advised to watch the available demo classes before purchasing the course. The demo lectures will help you understand the teaching style, presentation and depth of coverage so that you can make an informed decision.
3. No Refund Policy: Once the course has been purchased, no refund will be provided under any circumstances. Please review the course details and watch the demo classes before making your purchase.
<h2>START YOUR MATHEMATICS JOURNEY WITH ECONEETI</h2>
Build a strong foundation in Mathematics for Economics with structured video lectures and a systematic approach to the prescribed syllabus.
Econeeti &ndash; Making Economics and Mathematics Easier to Understand.

Mathematics for Economics - Basics

Mathematics for Economics I | Eco Hons | Rajasthan University