Delhi School of Economics
Firstly, the paper has two
options. Candidates need to specify at the time of filling the form which
option they would be attempting in the paper. You need to attempt either of the
two and NOT both.
·
Part A (Economics): This option is recommended for people from
Economics, Statistics, Engineering and other fields. The subjects that
students are expected to be well versed with are: Microeconomics,
Macroeconomics, Statistics (and some Econometrics which came by surprise in the
last 2009-10 paper) and Mathematics. Although there is no subject-wise
allocation of marks, but past trends show that all the four subjects get equal
weight age in the paper.
·
Part B (Maths): Starting with Part B first. Frankly, never
having seen its paper, we only have limited knowledge of the same. This is for
people who have done Bachelors in Mathematics. It contains theoretical (fairly
advanced) question relating to Functions, Matrices, Metric Spaces, and Real
Analysis etc. (This is not a comprehensive list of what all is covered). This
section itself contains two sections. One section is for Objective type
questions and the other is a descriptive type (there is usually choice given
for the descriptive type questions). There is negative marking for the
objective type questions section.
NOTE: Mathematics part is tough. So, opt for it if you are confident enough about theoretical mathematics.
‘Part A’ contains two sections both containing Objective type questions from all subjects:
1.
Twenty
questions of 1mark each (20marks)
2.
Forty
questions of 2marks each (80marks)
There is negative marking of 1/3marks for the 1mark questions and 2/3marks for 2marks questions.
Mathematics:
The primary
references are:
·
Fundamental Methods of
Mathematical Economics by A. Chiang and
·
Further Mathematics for Economic
Analysis by Sydsater and Hammond.
Statistics and Econometrics:
Go
through DU BA Economics syllabus for Statistics and follow up all the readings.
You can refer to Mathematical Statistics by SC Gupta and VK Kapoor for the
probability section. For Econometrics, you may refer to Essentials of
Econometrics by Gujarati, first 11 chapters. Last year, there were 3-4
questions from Econometrics. So, if you do not wish to take chances, you may
decide to do it as well.
Macroeconomics:
Get hold
of Macroeconomics by William Branson.
NOTE: Get
hold of differentiation concepts. These are a must.
Books to
be referred:
1.
Macroeconomics by Dornbusch and Fisher
2.
Macroeconomic Theory and Policy by William Branson
3.
Macroeconomics, Schaum Series (little elementary)
4.
Macroeconomics by Oliver Blanchard
5.
Macroeconomics by Mankiw
You may
go through these books and decide for yourself which one is good for which
topic. Schaum series Macroeconomics are a little elementary and if you are
content with the other books then you may skip this one.
Microeconomics
Start
with Intermediate Microeconomics (7th edition) by Hal Varian and complement it
by doing exercises from Varian Workbook. Both are necessary to get the concepts
clear. Microeconomics section in DSE would not ask you to do simple
maximization, in fact the question might appear to be very simple to you but it
will have a certain relatively tougher concept being tested. Thus, most of the
times, it will be asking you about complement, substitutes, quasilinear etc.
preferences.
You may
also go through the following website and browse different topics in
Microeconomics, their lecture notes and assignments.
Cut off: We think that the cutoff would usually be around 50.
Wait for
other college information.
Thanks!
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