How to take Preparation for MA Economics Entrance Test 2021-22
Online Form Fill Up Date for Entrance 2021
9th to 23rd September 2021
Examination Date: 27th September to 8th October 2021
Question Pattern: MCQ
Total Questions: 50 (Fifty)
Entrance Test Centre: Tripura University
Total Marks: 100
Entrance Time duration: 2hrs
Negative Mark: ½ (half) deduction for wrong answer.
Selection: Based on merit list of the Entrance exam result.
1) Statistics: The average graduation level knowledge of this paper would suffice to solve its questions in the exam. The main focus should be on Probability, Averages and Dispersion.
The preferable books to be consulted for Statistics are:
a. Basic Statistics by: Nagar and Das.
b. Mathematical Statistics with Applications by: John E. Fraeund.
c. Schaum’s Outline of Statistics by: Murray R. Spiegel and Larry J. Stephens.
2) Microeconomics: The principle focus should be on utility maximization, special cases of perfect substitutes and compliments, different productions and cost functions with emphasis on their minimization exercise and profit maximization problems, different forms of competition encompassing perfect competition, monopoly, basic theory of general equilibrium, questions of allocation and Pareto optimality. Requirement is of the nature of an average graduation curriculum.
The reference that should be followed:
a. Microeconomics by: Hal. E. Varian
b. Exercise book of intermediate Microeconomics by: Hal. E. Varian (Questions to be solved carefully).
3) Macroeconomics: Basic knowledge of average graduation level should be sufficient. Emphasis on growth models, e.g., Harrod-Domar, Solow-Swan model should be laid. Also, focus should be directed towards Keynsian macroeconomics pertaining to multipliers of closed and open economy, IS-LM etc.
These are some recommended references
a. Macroeconomics by: M.C. Vaish (for growth models).
b. Macroeconomics by: Dornbush and Fischer.
c. Or any other standard Macroeconomics text book.
d. Development economics by: Debraj Ray (for growth models).
4) Mathematical Economics: Stressed should be laid on series, sequences, functions and relations, sets, basic calculus such as integration and differentiation. Incorporate notions of implications, quantifiers etc. in Logic.
The references are:
a. Mathematics for Economic Analysis by: Sydsaeter and Hammond. Or
b. Mathematics for Economists: Simon and Blume.
c. Refer to the appendix of any standard book of mathematics for the Logic section.
5) General Knowledge: Preliminary knowledge of national and international economy and regular surfing of newspapers will be enough. Comprehension: Any passage from famous economists’ work will be quoted as a comprehension question. Analytical understanding of basic economics should suffice the purpose. Note: It has been observed that previous years’ questions are frequently repeated, therefore, suggestion is to solve previous years’ questions, available in internet, at the time of application process. Questions should be solved preferably in a group as it helps built better understanding and to correct solutions of the questions.
Some other books:
1. Hal R Varian,
2.Hendarson & Quandit
3. Mankiw
Over All Recommended books for M A Economics
1) Economics by J K Chopra
2) Microeconomics by Robert S. Pindyck
3) Macroeconomics : Theories and Policies by Richard T. Froyen
4) Mathematics for Economic Analysis
