Constants, variables, parameters, intercepts Coefficients-Functions-inverse, general and specific functions-Equations-Applications-Demand and supply functions-Cost and revenue functions-Consumption function-IS & LM functions-Multivariable functions-Market equilibria.

Rules of differentiation-slopes-linear and non linear functions-partial derivatives-higher order derivatives-Young’s Theorem- Constrained & unconstrained optimization- Lagrangian Multiplier-Interpretation-Use of derivatives in economics –Maximization, minimization, elasticities – Utility function – production function – revenue, cost and profit functions (simple problems).

Concept-simple rules of integration-application to Consumer’s surplus & producer’s surplus-Costs & revenues.

Fundamentals of matrix algebra; solving equations- Crammer’s rule & inverse of a matrix; properties of determinants; Application: Input-output analysis.

Basic Concepts, formulation of an LP problem-feasible, basic and optimal solution-graphic and simplex methods-formulation of the dual of a programme and its interpretation-Applications of LP technique.