MSc in Economics Admission 2024 at St. Xavier’s College, Kolkata: Paper Pattern, Syllabus, and Marking Scheme

MSc in Economics 2024 at St. Xavier’s Kolkata: Admission Details. Masters in Economics at St.Xaviers College

The date for the MSc in Economics entrance exam at St. Xavier’s College, Kolkata, has been announced – 28th of July 2024. This blog will provide you with all the details regarding the paper pattern, marking scheme, and syllabus for the admission test. If you’re preparing for this exam, it’s essential to understand the structure and content thoroughly.

Paper Structure and Marking Scheme for MSc in Economics Entrance

Time: 2 ½ Hours

 

Type of Questions

No. of Questions to be Answered

Marks Allocated to each Question

Total Marks

MCQ type

10

2

10×2 = 20

Short questions

10

8

10×8 = 80

Total

  

100

Syllabus for MSc in Economics St. Xavier’s College Kolkata Admission Test

  1. Microeconomics:
  • Theory of consumer behaviour
  • Theory of production
  • Market structure under perfect competition
  • Monopoly and price discrimination
  • Monopolistic competition
  • Duopoly with Cournot and Bertrand competition
  • Welfare economics

 

  1. Macroeconomics:
  • National income accounting
  • Simple Keynesian model of income determination and the multiplier
  • IS-LM model
  • Models of aggregate demand and aggregate supply
  • Solow model of growth
  • Money, banking, and inflation

 

  1. International Economics:
  • Ricardian trade theory
  • Heckscher-Ohlin trade theory
  • Commercial policy: tariff and quota
  • Mundell-Fleming model

 

  1. Statistics:
  • Measures of central tendency and dispersion
  • Correlation and regression
  • Probability theory
  • Random variables – discrete and continuous
  • Expectation and variance of random variables
  • Univariate probability distribution: Binomial, Poisson, Rectangular, and Normal
  • Statistical inference: estimation (point and interval), properties of estimation, hypothesis testing (Type I and Type II errors)

 

  1. Econometrics:
  • CLRM: specification of the model, assumptions, linearity in variables and parameters
  • Estimation of error variance
  • Goodness of fit: R² – coefficient of determination
  • Inferences in the linear regression model: confidence interval of the parameters, testing of hypothesis

 

  1. Mathematics:
  • Concept of sets and operations on sets
  • Relations and functions of two or more independent variables
  • Matrices and vectors: operations and determinants
  • Concept of limit, continuity, and differentiability of a function
  • Partial differentiation, total differentiation, derivative of implicit functions
  • Optimization with one or more choice variables, optimization with equality constraints
  • Homogeneous functions
  • Indefinite and definite integrals, improper integrals

At EduSure, we provide comprehensive guidance and support for your MSc in Economics preparation and success in Masters in Economics entrances. Our experienced faculty and well-structured study materials will help you navigate through the syllabus and excel in the exam.

Good luck with your preparation for the MSc in Economics entrance exam at St. Xavier’s College, Kolkata! Stay consistent, practice regularly, and follow our guidance for the best results.

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