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  #11  
Old Friday, October 18, 2013
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Originally Posted by Aqua blue View Post
thankx....
one more thing.... all mathematical proves nd numerical are also included????
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Originally Posted by samia fakhar View Post
no, they are not...
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Originally Posted by Toru View Post
From what I have learnt is that the economics examiner puts alot of premium on empirical proofs. Although mathematical proofs and algebra isn't necessary, it is essential nonetheless to fetch you 'those extra marks' which otherwise seem hard to get --not to forget, it may make the difference between your position and what you potentially could have gotten. One should atleast know the basics as far as indifference curves, budget constrainsts, their tangency points, profit maximizing conditions, minimum costs et cetera --all of which account for the relevant areas in the prescribed syllabus.


But he asked about all mathematical proves and numerical questions not about mathematical aspect of economics.. Proving MU = change in TU/change in Q through long mathematical derivations and with concept of mathematical derivation is totally different from just having idea about this law..
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  #12  
Old Wednesday, December 04, 2013
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Default microeconomics
Assalamoalaikum,

I have a question. I have been studying for microeconomics from Mankiw and A. Koutsoyannis, and i have been looking at the pastpaper questions too.

Now A. Koutsoyannis has a lot of detail about the topics. kuch concept hain jo pastpapers main nahi aye huay. e.g. indifference curve analysis and the theory of exchange, indifference curve analysis and cost of living etc. do i need to do these?

I have ofcource done all the approaches of consumer behavior. but do i need that much detail. if someone could guide me a little that will be very helpful.
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