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Gauhati University Question Papers for Economics 4th Semester

Gauhati University Question Papers for Economics 4th Semester

Question Paper from 2010 available  

 

 

     

 More than 50 question papers every semester

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More than 50 question papers every semester


Unit 1: Calculus in Economics Applications
Application  to  consumer’s  and  producer’s  surplus.  Problems  relating  to  investment,  capital
formation and derivation of simple growth process (Domar) Application to elasticity of demand and  supply,  derivation  of  marginal  functions,  Inter-relationships  among  total,  marginal  and average functions, tax yield in competitive market; -application to simple market model, national income model, Production Function and Euler’s Theorem.

Unit 2 MAXIMA AND MINIMA
Unconstrained   maxima  and  minima  with  single  explanatory  variable-application   to  cost
minimization, revenue maximization, tax revenue maximization, profit maximization and equilibrium  of  firm-  unconstrained  maxima  and  minima  with  more  than  one  explanatory variables-application to discriminating monopoly, multi-product equilibrium, multi-planned equilibrium, equilibrium of firm with advertisement cost and subsidy

Unit 3: ELEMENTS OF LINEAR PROGRAMMING
Inequality Constraint and formulation of a Linear Programming Problem – Graphical Solution

Unit 4: INTRODUCTION TO GAME THEORY
Two person zero sum game –Pure strategies with saddle point, games without saddle point- the
rules of dominance- solution of games without saddle point – mixed strategies, basic ideas and examples of non zero sum games – Nash equilibrium, Prisoner’s Dilemma and Repeated games.



M 405 INTRODUCTIONS TO DEVELOPMENT ECONOMICS

Unit 1: Development: Meaning and Measurement – GDP and PCI as indicators of development, HDI - Structural Changes in the Development Process (Kuznet). -   Obstacles to Development

Unit 2: Economic Growth: Meaning and Sources of Economic Growth: Population Growth, Capital Accumulation and Technical Progress; the Notion of Capital-Output ratio; Theories of Economic Growth-Classical Approach: Smith and Ricardo, Harrod-Domar’s Theory of Instability of Growth Process. 



Unit 3: Development Theories: Theories of Persistence of Underdevelopment: Vicious Circle of Poverty, Cumulative Causation (Myrdal), Strategies for Development; Balanced and Unbalanced Growth Strategy, Development with Unlimited Supply of Labour (Lewis).





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