JAWAHARLAL NEHRU UNIVERSITY (JNU)
The next
college in the list is JNU.
ECONOMICS
(M.A Economics, Center for Economic Studies and Planning
“CESP”):
The pattern of entrance examination for M.A Economics from
CESP had slight changes time by time.
In the new pattern, there are 100 multiple choice
questions with 5 choices and with the weight-age of one (1) mark each. The
negative marking of (-1/2) per each wrong answer is also part of the new pattern
introduced.
Note: Before appearing for the examination, please look
carefully the latest prospectus for any announcement reading the changes in the
pattern of exam, decided by the university.
The entrance exam would majorly include questions from 4 main
economics papers and general knowledge, which are briefly explained below:
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, and questions of allocation and Pareto optimality. The
requirement is of the nature of an average graduation curriculum.
The reference that should be followed:
a. Intermediate 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.
The references that need to be consulted are as
follows:
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. Mathematical Economics 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 JNU, 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
For more information refer
to:
http://www.jnueeqp.com/
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