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Showing posts with the label Education policy 2020

RBI Grade B Exams for Economics students

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 RBI GRADE B Exams for Economics students  "Dear Economics students, Are you interested in a career in central banking and economic policy-making? Look no further than the RBI Grade B exam! As an economics student, you already have a solid foundation in the subject matter. With dedicated preparation, you can crack this prestigious exam and join the Reserve Bank of India (RBI) as a Grade B officer. To prepare, focus on: 1. *Microeconomics*: Theory of consumer behavior, production, market structures, and welfare economics. 2. *Macroeconomics*: National income accounting, aggregate demand and supply, inflation, and monetary policy. 3. *International Trade*: Gains from trade, tariffs, exchange rates, and balance of payments. 4. *Economic Growth and Development*: Models, indicators, and strategies. 5. *Indian Economy*: Historical perspective, planning, liberalization, and economic reforms. 6. *Statistics*: Descriptive and inferential statistics, data interpretation, and analysis. 7. *F

Set Theory Mathematical Economics

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 Mathematical Economics Mathematical economics  is the application of mathematical method to represent theories and analysed problem in  Economics. Mathematics allows economists to form meaningful, testable propositions about wide-ranging and complex subjects which could less easily be expressed informally. Further, the language of mathematics allows economists to make specific positive  claims about controversial or contentious subjects that would be impossible without mathematics. Today we  will discuss about Set theory Set Theory  is a branch of mathematical logic where we learn sets and their properties. A set is a collection of objects or groups of objects. These objects are often called elements or members of a set. For example, a group of players in a cricket team is a set.  Since the number of players in a cricket team could be only 11 at a time, thus we can say, this set is a finite set. Another example of a finite set is a set of English vowels. But there are many sets that h

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