This course will cover the basic concepts of mathematics that are used by economists. The course will be taught in an intuitive manner, encouraging students to learn mathematics as a language that is used to express economic phenomena. The course will cover a number of problems and real world applications of concepts. Students will be expected to submit assignments at frequent intervals during the course as well as a final project at the end of the course.
Students will be comfortable in understanding economics that is presented in a mathematical fashion as well as expressing their own ideas in a mathematical form. They will be familiar with and will be able to apply mathematical tools to a number of economic theories such as the basic laws of demand and supply, price elasticity, income distribution and optimization problems.
30 hours instructor-led, live interactive training
Pre-course and post course evaluation assignment.
1 Project
Digital office hours + teaching assistant + lifetime recording access on LMS.
Industry event invitations + student network access
1 Session on resume building & interview tips.
Assistant Professor, MDAE
Dr. Sandhya Krishnan has taught data analytics and R programming at various places across India, and to a wide range of audiences including undergraduate and graduate students, faculty and other professionals. She believes that interesting stories are hidden behind numbers and anyone with a flair for numbers and the right training in data analytics can unravel these stories and present them to the world. She holds a Ph.D. from the University of Amsterdam and an MA in Economics from the University of Mumbai.
Assistant Professor, Fergusson College
Dr. Ishita Ghoshal teaches Macroeconomics, Econometrics and Mathematical Economics and conducts workshops on research methods, computer applications for Economics, applied Econometrics with various software like R, EViews, STATA, etc. Her areas of interest are Macroeconomics, Applied Econometrics and International trade. She holds a Ph.D. in Economics from the Gokhale Institute of Politics and Economics.
Why economists use mathematics; use of symbols in mathematics, the real number system, Basic rules in mathematics- exponents, powers, logs, etc.
Single variable functions- Concept of a function, Linear functions, Graphs of linear functions, Applications of functions in Economics and Optimization problems
Quadratic functions, Polynomials, Power functions, Exponential functions, Logarithmic functionsConcept, graphs and applications of all functions in Economics
Geometric concept of differentiation, Basic Rules of Differentiation, Second and higher order derivatives; Applications of Derivatives Economics - finding maxima/minima, convex and concave functions, elasticities, etc.
The Chain rule in differentiation, Differentiation of log and exponentials, Partial Derivatives and its applications in Economics
Concept of Integrations, Basic Rules of integration, Applications of Integration in Economics- Income Distribution and Lorenz curve
MDAE alumni working in diverse roles across leading companies.
Arushi Mishra
Data Consultant
Vallari Naik
Trainee Decision Scientist
Pooja Joshi
Senior Research Analyst
Nishitha Mehta
Risk Analyst
Swati Shrimali
Business Analyst
Ujas Shah
Research Analyst
"It has been an honour to get to learn so many things from Dr. Sandhya Krishnan. Thanks for inspiring us! We need more instructors like her in our schools and universities where we learn subjects in an intuitive and practical way. I feel really lucky to have a mentor and a teacher like her. Thanks for making me fall in love with Econometrics, Data analysis and R, and now I cannot get enough of them! I owe all of it to her."
Aarushi Lunia– Batch 2019-20
"Aayush sir's lecture was really really helpful! We feel familiar with the R language now. Earlier we weren't able to grasp it that quickly. He was extremely patient with us and he clarified the littlest doubt someone had. I'd be more than happy to have him conduct more sessions."
Yeshita Kelkar– Batch 2020-2021
₹3950
₹2990
Including GST
Mathematics for Economic Analysis
30 Hours Online Live Certification
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