Intermediate Mathematical Methods for Economics

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Intermediate Mathematical Methods for Economics (MME – II) for Economics (H) Semester II, University of Delhi

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The Intermediate Mathematical Methods for Economics [ MME – II ] [ECON 005] Course for BA (Hons) Economics Semester II, Delhi University has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The Duration of Video Lectures is approximately 70 Hours.

Course Fee : Rs. 8000 per subject (At Present Early bird discount is availableas as under)

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till end of Semester II Exams.

You will get :

ā–ŗFull Course Video Lectures

ā–ŗComplete Study Material (PDF Notes) which includes Concepts, Previous Year Questions, Numerical Questions, MCQ’s and Important Questions

ā–ŗLive Online Doubts Sessions with Expert Faculty (at least twice a week) for resolution of Doubts

ā–ŗOnline Discussion Forum to Post Your Queries to Discuss with Faculty & other fellow Students

ā–ŗMock Tests at the Website for regular assessment and progress tracking

ā–ŗVideo Lectures Cover Theory Portions Exhaustively + Complete Solutions of Back Questions of Readings + Solutions of Previous Years Papers + Large Number of Numericals

ā–ŗComprehensive Coverage of Syllabus and Exam Oriented Preperation

This online coaching platform aims to provide a supportive and engaging learning environment for students to achieve academic success and excel in their Economics Honours program.

Recommended Readings

ā–ŗSydsaeter, K., Hammond, P. (2002). Mathematics for economic analysis, Pearson Educational.

ā–ŗHoy, M., Livernois, J., McKenna, C., Rees, R., Stengos, T. (2001). Mathematics for Economics, Prentice-Hall India.

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Demo Quiz

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Demo Lectures

1.1 Vectors Introduction

Directional Derivatives
Directional Derivatives Lecture #2
Quasi Concave & Quasi Convex
MME II 2021 Paper Q1
Intermediate MME 2023 Paper Q1

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Course Content of Our Video Lectures

Lectures are as per Latest Syllabus for 2026 UGCF

Unit I : Linear Algebra

Chapter 1 : Linear Algebra : Vectors & Matrices

Duration of Video Lectures : 953 Minutes

Based Upon Chapter 12 Sydsaeter K., Hammond P.

Topics Covered

ā–ŗVectors Introduction, Operations on Vectors, Linear Combination of Vectors,

ā–ŗGeometric Interpretation of Vectors,

ā–ŗThe Scalar Product of Vectors, Orthogonal Vectors,

ā–ŗEconomic Applications based upon the Scalar Product of Vectors,

ā–ŗProving Questions based upon the Scalar Product of Vectors,

ā–ŗEquations of Lines and Planes,

ā–ŗQuestions from recent Eco (H) Examinations,

ā–ŗMatrices Introduction & Matrix Operations

ā–ŗMatrix Multiplication, Rules for Matrix Multiplication, Idempotent Matrix, Nilpotent Matrix, Orthogonal Matrix,

ā–ŗEconomic Applications based upon matrix multiplication,

ā–ŗMarkov Analysis,

ā–ŗTranspose of a Matrix, Symmetric and Skew Symmetric Matrix,

ā–ŗReading Back Questions Solutions,

Chapter 2 : Determinants & Matrix Inversion

Duration of Video Lectures : 548 Minutes

Based Upon Chapter 13 Sydsaeter K., Hammond P.

Topics Covered

ā–ŗDeterminants of Order 2,

ā–ŗDeterminants of Order 3,

ā–ŗDeterminants of Order n,

ā–ŗBasic Rules for Determinants,

ā–ŗExpansion by Cofactors, Adjoint of a Matrix,

ā–ŗThe Inverse of a Matrix, Properties of Inverse, Inverse of a Matrix by elementary row operations,

ā–ŗSolution of Linear Equations by Matrix Inversion Method,

ā–ŗEconomic Applications based on System of Equations,

ā–ŗCramer’s Rule, Homogeneous System of Equations,

ā–ŗEconomic Applications based on Cramer’s Rule,

ā–ŗQuestions from recent Eco (H) Examinations,

ā–ŗLeontief Input Output Model,

ā–ŗReading Back Questions Solutions,

Chapter 3 : Further Topics in Linear Algebra

Duration of Video Lectures : 540 Minutes

Based Upon Chapter 14 Sydsaeter K., Hammond P.

Topics Covered

ā–ŗLinear Combination of Vectors, Convex Combination of Vectors,

ā–ŗLinearly Dependent & Independent Vectors,

ā–ŗLinearly Span of Vectors,

ā–ŗThe Rank of a Matrix,

ā–ŗSolution of Equations by Rank Criterion, Superfluous Equations, Degrees of Freedom,

ā–ŗEigenvalues and Eigenvectors,

ā–ŗDiagonalization,

ā–ŗThe Spectral Theorem for Symmetric Matrices,

ā–ŗReading Back Questions Solutions,

Unit II : Functions of Several Real Variables

Chapter 4 : Functions of Several Variables

Duration of Video Lectures : 453 Minutes

Based Upon Chapter 15 Sydsaeter K., Hammond P.

Topics Covered

ā–ŗFunctions of Two Variables, Functions of More Than Two Variables, Domain of Functions of Several Variables,

ā–ŗGeometric Representation of Functions of Several Variables, Level Curves for Z = f (x, y),

ā–ŗPartial Derivatives with Two Variables, Higher Order Partial Derivatives,

ā–ŗPartial Derivatives and Tangent Planes,

ā–ŗPartial Derivatives with Many Variables, Young’s Theorem,

ā–ŗPartial Derivatives in Economics, Production Functions, Marginal and Average Product of Inputs, Utility Functions, Marginal Utility,

ā–ŗLinear Models with Quadratic Objectives, OLS Estimation of Linear Regression,

ā–ŗQuadratic Forms in Two Variables, Quadratic Forms with Linear Constraints,

ā–ŗQuadratic Forms in Many Variables,

ā–ŗReading Back Questions Solutions,

Chapter 5 : Tools for Comparative Statics

Duration of Video Lectures : 1020 Minutes

Based Upon Chapter 16 Sydsaeter K., Hammond P.

Topics Covered

ā–ŗThe Chain Rule, Directional Derivatives,

ā–ŗGeneral Chain Rules, Leibniz’s Formula,

ā–ŗDerivatives of Functions Implicitly Defined, The General Equation for the Tangent,

ā–ŗPartial Elasticities, The Elasticity of Substitution,

ā–ŗHomogeneous Functions of Two Variables, Geometric Aspects of Homogeneous Functions,

ā–ŗGeneral Homogeneous & Homothetic Functions, Euler’s Theorem,

ā–ŗMore on Implicit Differentiation,

ā–ŗLinear Approximation and Differentials, Invariance of the Differential,

ā–ŗSystem of Equations, Finding Partial Derivatives from Differentials,

ā–ŗThe Implicit Function Theorem,

ā–ŗReading Back Questions Solutions,

Unit III : Multivariate Optimization

Chapter 6 : Multivariate Optimization

Duration of Video Lectures : 640 Minutes

Based Upon Chapter 17 Sydsaeter K., Hammond P.

Topics Covered

ā–ŗSimple Two Variable Optimization,

ā–ŗMaxima and Minima with a Dash of Topology, Topology in a Plane,

ā–ŗThe Extreme Value Theorem,

ā–ŗLocal Extreme Points,

ā–ŗConvex Sets, Concave and Convex Functions, Jensen’s Inequality,

ā–ŗSecond Derivative Tests for Concavity/Convexity,

ā–ŗQuasi Concave and Quasi Convex Functions,

ā–ŗReading Back Questions Solutions,

Previous Year Questions (PYQ’s)

MME II : 2022 Paper

Duration of Video Lectures : 77 Minutes

MME II : 2018 Paper

Duration of Video Lectures : 230 Minutes

MME II : 2021 Paper

Duration of Video Lectures : 166 Minutes

Economics (H) Semester 2 Courses