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(Definition and examples), Inverse functions, Graphs of functions, Operations on

functions, Composite of functions, Even and odd functions, Monotone functions,

Periodic functions.

Definition of limits, Algebra of limits, Limits as x → ∞ (or − ∞ ), One-sided limits,

Continuity (Definitions and Examples, Algebra of continuous functions),

Definition of derivative of a function, Derivatives of some simple functions,

Algebra of derivatives, The chain rule, Continuity versus derivability.

Derivatives of the various trigonometric functions, Derivatives of inverse function,

The inverse function theorem, Derivatives of inverse trigonometric functions, Use

of transformations. Derivative of exponential function, Logarithmic functions,

Hyperbolic functions, Inverse hyperbolic functions, Methods of differentiation

(Derivative of xr, Logarithmic Differentiation, Derivatives of functions defined in

terms of a parameter, Derivatives of implicit functions).

Second and third order derivatives, nth order derivatives, Leibniz theorem, Taylor’s

series and Maclaurin’s series Maxima-minima of functions (Definitions and

examples, a necessary condition for the existence of extreme points), Mean value

theorems (Rolle’s theorem, Lagrange’s mean value theorem), Sufficient conditions

for the existence of extreme points (First derivative test, Second derivative test),

Concavity/convexity, Points of inflection. Equation of tangents and normals, Angles

of intersection of two curves, Tangents at the origin, Classifying singular points,

Asymptotes (Parallel to the axes, Oblique asymptotes). Graphing a function,

Tracing a curve (given its Cartesian equation, or in parametric form, or Polar

equation).

Partitions of a closed interval, Upper and lower product sums, Upper and lower

integrals, Definite integral, Fundamental theorem of calculus. Standard integrals,

Algebra of integrals, Integration by substitution, Integrals using trigonometric

formulas, Trigonometric and Hyperbolic substitutions, Two properties of definite

integrals, Integration by parts, Evaluation of ∫ (a − x )dx, ∫ (a + x )dx, ∫ ( x − a )dx,

2 2 2 2 2 2

∫ e (f (x) + f ′(x ))dx . Reduction formulas for ∫ sin x dx, ∫ cos x dx, ∫ tan x dx and

x n n n

n

Integration of some simple rational functions, Partial fraction decomposition,

Method of substitution, Integration of rational trigonometric functions, Integration

of Irrational functions

(Cartesian equation, Polar equations), Area bounded by a closed curve, Numerical

integration. (Trapezoidal rule, Simpson’s rule). Length of a plane curve (Cartesian

form, Parametric form, Polar form), Volume of a solid of revolution, Area of surface

of revolution.

MTE-02 LINEAR ALGEBRA 4 Credits

Sets, subsets, union and intersection of sets, Venn diagrams, Cartesian product,

relations, functions, composition of functions, binary operations, fields. Plane and

space vectors, addition and scalar multiplication of vectors, scalar product,

orthonormal basis, vector equations of a line, plane and sphere. Definition and basic

properties, subspaces, linear combination, algebra of subspaces, quotient spaces.

Linear independence and some results about it, basic results about basis and

dimension, completion of a linearly independent set to a basis, dimension of

subspaces and quotient spaces.

Definitions and examples of linear transformation, kernel, range space, rank and

nullity, homomorphism theorems. L (U, V), the dual space, composition of

transformations, the minimal polynomial. Definition of a matrix, matrix associated

to a linear transformation, the vector space Mmxn(F), transpose, conjugate, diagonal

and triangular matrices, matrix multiplication, inverse of a matrix, matrix of a change

of basis. Rank of a matrix, elementary operations, row-reduced echelon matrices,

applying row reduction to obtain the inverse of a matrix and for solving a system of

linear equations.

Definition and properties, product formula, matrix adjoint and its use for obtaining

inverses, Cramer’s rule, determinant rank. Definition and how to obtain them,

diagonalisation. Cayley-Hamilton theorem, minimal polynomial’s properties.

Definition, norm of a vector, orthogonality.

unitary operators, Hermitian and unitary matrices. Definitions, representation as

matrix product, transformation under change of basis, rank of a form, orthogonal and

normal canonical reductions Definitions, standard equations, description and some

geometrical properties of an ellipse, a hyperbola and parabola, the general reduction.

MTE-03 MATHEMATICAL METHODS 4 Credits

Functions, Composite Functions, Operations with Functions. Graphs (Exponential

and Logarithmic Functions, Trigonometric functions), Trigonometric ratios.

Polynomials and Equations, Sequences and Series, Permutations and Combinations,

Binomial Theorem.

Two Dimensional Coordinate System -Distance between Two points, Area of a

Triangle, Equation of a Line, , Angle between Two Lines, Distance of a Point from a

Line, Circle, Three Dimensional Coordinate System- Equation of a Straight Line in

3-D, The Plane, The Sphere. Vectors as directed line segments, Algebra of Vectors

and their applications (addition and subtraction of vectors, resolution of vectors, dot

and cross product).

Significance, Rules for differentiation, differentiation of Trigonometric, Exponential

and Logarithmic Functions, Differentiation of Inverse Algebraic and Inverse

Trigonometric Functions, Chain Rule, Differentiation of Implicit Functions and

Logarithmic Differentiation, Physical Aspects of Derivatives

Asymptotes, Curve-Tracing, Functions of Two Variables, Partial Derivatives of

Order Two, Homogeneous Functions, Euler’s Theorem. Antiderivatives, Integration

as Inverse of Differentiation, Definite Integral as the Limit of the Sum, Properties of

Definite Integrals, Fundamental Theorem of Integral Calculus Standard Integrals,

Methods of Integration, Integration by Substitution, Integration by parts, Integration

of Trigonometric Functions

Preliminaries, Formation of Differential Equations, Methods of Solving Differential

Equations of First Order and First degree (Variables Separable, Homogeneous

Equation, Exact Equations and Linear Equations).

Variables, Continuous Random Variables, Measures of Central Tendency and

Dispersion (Mean, Mode, Median, Standard Deviation, Mean Deviation).

Preliminaries: (Sample Space, Discrete Sample Space, Continuous Sample Space),

Rules of Probability, Conditional Probability, Baye’s Theorem. Combination of

events, Binomial Distribution, Poisson Distribution (Emphasis Through

Illustrations). Continuous Random Variables, Types of Continuous Distributions

(Exponential and Normal Distribution – Emphasis Through Illustrations)

Accuracy, Standard Error, Unbiased Estimator, Accuracy and Precision of Sample

Estimator, Types of Sample Design (Random Sampling, Cluster

Sampling).Statistical Hypothesis, Level of Significance, Degrees of Freedom, Chi-

square Test, t-test, Analysis of Variance Correlation and scatter diagram, Correlation

coefficient, Linear regression, Curve Fitting (Least Square Method).

2) Sampling in Life Sciences

MTE-04 ELEMENTARY ALGEBRA 2 Credits

Intersection, Union, Distributive laws, De Morgan’s laws, Cartesian product.

What a complex number is, Geometrical representation, Algebraic operations, De

Moivre’s theorem, Trigonometric identities, Roots of a complex number.

Recall of solutions of linear & quadratic equations, Cubic equations (Cardano’s

solution, Roots and their relation with coefficients), Biquadratic equations (Ferrari’s

solution, Descartes’ solution, Roots and their relation with coefficients)

all, their exists), Some methods of proof (Direct proof, contrapositive proof, proof

by contradiction, proof by counter-example).

matrix, Determinants, Cramer’s rule. Inequalities known to the ancients (Inequality

of the means, Triangle inequality), Less ancient inequalities (Cauchy-Schwarz

inequality, Weierstrass’ inequalities, Tchebyshev’s inequalities)

MTE-05 ANALYTICAL GEOMETRY 2 Credits

Equations of a line, Symmetry, Change of axes (Translating the axes, rotating the

axes), Polar coordinates. Focus-directrix property, Description of standard form of

parabola, ellipse and hyperbola; Tangents and normals of parabola, ellipse,

hyperbola; Polar equation of conics. General second degree equation, Central and

non-central conics, tracing a conic (Central conics, Parabola), Tangents, Intersection

of conics.

Points, Lines (Direction cosines, Equations of a straight line, Angle between two

lines), Planes (Equations of a plane, Intersecting planes and lines). Equations of a

sphere, Tangent lines and planes, Two intersecting spheres, Spheres through a given

circle.

Cones, Tangent plane to a cone, Cylinders.

of Axes), Reduction to standard form. A conicoid’s centre, Classification of central

conicoids, Ellipsoid, Hyperboloid of one sheet, Hyperboloid of two sheets,

Intersection with a line or a plane.Standard equation, Tracing the paraboloids,

Intersection with a line or a plane.

MTE-06 ABSTRACT ALGEBRA 4 Credits

induction and divisibility in Z. Binary operations, Definition of a group, Properties

of a Group, Some details of Zn, Sn, C, and appendix on some properties of complex

numbers. Subgroups and their properties, Cyclic groups. Cosets; Statement, proof

and applications of Lagrange’s theorem.

and examples, Isomorphisms, Isomorphism theorems, Automorphisms. Definition,

Examples, Cayley’s theorem. Direct product, Sylow theorems (without proof),

Classifying groups of order 1 to 10.

rings with and without identity. Definitions, Examples, Standard properties,

Quotient Rings (in the context of commutative rings).

Definition and properties of integral domains, Fields, Prime and maximal ideals,

Fields of quotients. Examples, Division Algorithm and Roots of Polynomials.

Euclidean domain, PID, UFD. Eisenstein’s criterion, Prime fields, Finite fields

MTE-07 ADVANCED CALCULUS 4 Credit

∞ . Extension of Exponential and Logarithmic Functions to R ∞ ). The concept of

infinite limits (infinite limits as the independent variable x → a ∈ R , One-sided

Infinite Limits, Limits as the independent variable tends to ∞ or - ∞ , Algebra of

limits).

0

Indeterminate Forms, L’Hopital’s rule for form (Simplest form of L’Hopital’s

0

0 ∞

Rule, Another form of L’Hopital’s rule for form), L’Hoptal’s rule for form,

0 ∞

other types of Indeterminate Forms (indeterminate forms of the type ∞ - ∞ ,

indeterminate forms of the type 0. ∞ , indeterminate forms of the type 00, ∞ 0,1 ∞ ).

The Space Rn (Cartesian products, algebraic structure of Rn, Distance in Rn),

Functions from Rn to Rm.

Continuity of Functions from Rn → Rm, Repeated limits. First Order Partial

Derivatives (Definition and Examples, Geometric interpretation. Continuity and

Partial Derivatives), Differentiability of Functions from R2 to R, Differentiability of

functions from Rn → R, n > 2. Higher Order Partial Derivatives, Equality of Mixed

Partial Derivatives. Chain Rule, Homogeneous Functions, Directional Derivatives

theorem for functions of two variables), Maxima and Minima (local extrema,

Second derivative test for local extrema), Lagrange’s multipliers; Jacobians

(Definition and examples, Partial derivatives of Implicit Functions), Chain rule,

Functional Dependence (Domains in Rn, Dependence). Implicit Function Theorem

(Implicit Function Theorem for two variables, implicit Function Theorem for three

variables), inverse Function Theorem.

Integrals), Double Integral over any Bounded set (Regions of Type I and Type II,

Repeated integrals over regions of Type I and Type II), Change of variables.Integral

over a region in space (Integral over a Rectangular Box, Integral over Regions of

Type I and Type II), Change of Variables in Triple Integrals (Triple Integrals in

Cylindrical Coordinates, Triple Integrals in Spherical Coordinates). Applications of

double integrals (area of a planar region and volume of a solid, Surface area, Mass

and moments), Applications of triple integrals; Line Integrals, Independence of path,

Green’s Theorem.

MTE-08 DIFFERENTIAL EQUATIONS 4 Credits

differential equations, Differential Equations arising from physical situations.

Separation of Variables, Homogeneous equations, Exact equations, Integrating

factors. Classification of first order differential equations (DE), General solutions of

linear non-homogeneous equation, Method of Undetermind coefficient, Method of

Variation of Parameters, Equations reducible to linear form, Applications of linear

DEs. Equations which can be factorized, Equations which cannot be factorized

(Solvable for x, y, independent variable absent, homogeneous in x and y, Clairaut’s

and Riccati’s equations).

General form of linear ordinary differential equation, Condition for the existence of

unique solution, linear dependence and independence of the solution of DEs, Method

of solving homogeneous equation with constant coefficients. Types of non-

homogeneous terms for which the method is applicable (polynomial, exponential,

sinusoidal etc.), Observations and Constraints of the method. Variation of parameters,

Reduction of order, Euler’s equations. Differential operators, General method of

finding Particular Integral (PI), Short method of finding PI, Euler's equations.

Method of changing independent Variable, Method of changing dependent variable,

Applications – Mechanical Vibrations, Electric Circuits

Frames of reference for curves and surfaces, Basic concepts in 2-dimensions, Curves

and surfaces in space.

Formation of simultaneous DEs, Existence and Uniqueness, Methods of solution of

dx dy dz

= = , Applications – Orthogonal trajectories, Particle motion in phase-space,

P Q R

Electric Circuits. Formation of pfaffian Differential Equations their geometrical

meaning, Integrability, Methods of Integration (Variable separable, One variable

separable, Homogeneous PfDEs, Natani’s method). Origin, Classification and

Solution of linear first order PDEs, Linear Equations of the First Order, Cauchy

Problem. Complete integral, Compatibility, Charpits method, Standard forms,

Jacobi’s method, Cauchy problem.

General form of partial differential equation of any order, – Classification and the

Integral, Solutions of reducible homogeneous equations, Solutions of irreducible

homogeneous equations. Particular integral, Analogies of Euler’s equations Origin of

second order PDEs, Classification, Variable separable solution for Heat flow, Wave

and Laplace equations.

MTE-09 REAL ANALYSIS 4 Credits

Order relations in real numbers, algebraic structure (ordered field, complete ordered

field), countability.

Theorem), closed sets, compact sets (Heine-Borel Theorem, without proof).

criteria for the convergence of sequences, cauchy sequences, algebra of convergent

sequences.

Infinite series, general tests of convergence, some special tests of convergence

(D’Alembert’s ratio test, Cauchy’s integral test, Raabe’s test, Gauss’s test).

Alternating series (Leitnitz’s test), absolute and conditional convergence,

rearrangement of series.

Notion of limit (finite limits, Infinite limits, sequential limits), algebra of limits.

Continuous functions, algebra of continuous functions, non-continuous functions.

Continuity on bounded closed intervals, pointwise continuity and uniform

continuity.

algebra of derivatives, sign of a derivatives. Rolle’s theorem, mean value theorems

(Lagrange, Cauchy and generalised mean value theorems), intermediate value

theorem for derivatives (Darboux theorems). Taylor’s theorem, Maclaurin’s

expansion, indeterminate forms, extreme values.

functions, computing an integral. Properties of Riemann integral, Fundamental

Theorem of Calculus, mean value theorems. Sequences of functions, Pointwise

convergence, uniform convergence (Cauchy’s criterion), series of functions.

MTE-10 NUMERICAL ANALYSIS 4 Credits

theorem, Lagrange’s mean value theorem) Taylors theorem, Errors (round-off and

truncation)

Initial approximation to a root (tabulation method, Graphical method) Bisection

method, Fixed point Iteration method. Regula-Falsi method, Newton-Raphson

method, Convergence criterion. Some Results on roots of polynomial equation,

Birge-Vieta method, Graeffe’s root squaring method

for special matrices, Gauss elimination method, LU decomposition method.

Finding inverse of a square matrix - The method of adjoints, The Gauss-Jordan

reduction method, LU decomposition method. Iterative methods of finding

solutions - The Jacobi iteration method, The Gauss-Seidal Iteration method. The

eigenvalue problem,The power method, The inverse power method.

differences, Newton’s general form of interpolating polynomials - Error term,

Divided difference and derivatives, Further results on Interpolation error. Backward

Interpolation at equally spaced points - Forward and Central Differences, Newtons

forward difference formula, Newton’s backward difference formula, Strirling’s

central difference formula

difference Operators and on Interpolation, Richardson’s Extrapolation, Optimum

Choice

of Step Length

Numerical Integration - Methods based on Interpolation (Lagrange interpolation,

Newton’s Forward Interpolation) Composite Integration, Romberg Integration

Numerical solutions of ODE - Basic concepts, Taylor series method, Euler’s

method, Richardson’s extrapolation

Runge-Kutta methods of second, third and fourth order, Richardson’s Extrapolation.

MTE-11 PROBABILITY AND STATISTICS 4 Credits

distributions, Grouped frequency distributions); Diagrammatic representation of

frequency distributions: frequencies, Commulative frequencies, Frequency curve,

Broad classes of distributions. Central tendency and dispersion, Measures of central

tendency; The mean, The median, The mode, Algebraic properties of the measures,

A comparison of the measures; Measures of dispersion: The range, The mean

deviation, The standard deviation, Algebraic properties of the measures, A

comparison of the measures; Coefficient of variation. Moments and quantiles:

Moments of a frequency distribution, Quantiles of a frequency distribution;

Skewness; Kurtosis. Tabular and diagrammatic representation of Bivariate data;

What do we mean by regression analysis?, Simple regression line; Correlation

coefficient, Relationship between regression and correlation coefficients,

Limitations of correlation coefficient.

Axiomatic Approach: Probability of an event: Definition, Probability of an event:

Properties; classical definition of probability, Conditional probability, Independence

of events, Repeated experiments and trials, Random variable, Two or more random

variables: Joint distribution of random variables, marginal distributions and

independence, Mathematical expectation, Variance, Covariance and correlation

coefficient, Moments and moment generating function, Distribution of sum of two

random variables.

The Bernoulli distribution, The binomial distribution, The multinomial distribution,

The hypergeometric distribution. The negative binomial distribution, The Poisson

distribution.

moment generating functions, Functions of a random variable. Uniform

distribution, Normal distribution, Exponential and gamma distributions, Beta

distribution.

Bivariate distributions, Conditional distributions, Independence, Expectation of

functions of a random vector, Correlation coefficient, regression. Functions of two

random variables: Direct Approach and Transformation approach, Functions of

more than two random variables, Chi-square distribution, t-distribution, F-

distribution.

Chebyshev’s inequality and weak law of large numbers, Poisson approximation to

binomial, Central limit theorem: Normal approximation to binomial.

distribution, Point estimation, Testing of hypothesis, Interval estimation.

Properties of estimators, Methods of estimation: Method of moments, Method of

maximum likelihood. Some concepts related to Testing of Hypothesis, Neyman-

Pearson lemma, Likelihood-ratio tests.. Some common tests of hypothesis for

normal populations, Confidence intervals, Chi-square test for goodness of fit.

MTE-12: LINEAR PROGRAMMING 4 Credits

spaces(Vectors, Linear independence, basis, dimension), Inequalities (Equations,

Inequations and their graphs), convex sets(Definition, examples, definition of

extreme point, half spaces, hyperplanes, convex combination of finite number of

points is a convex set(no proof), definition of convex hull, convex hull of a finite set

is the convex combination of its points(no proof). Mathematical formulation of

maximization and minimization problems, graphical solution, bounded sets,

unbounded sets, alternative optimum. Maximization and minimization problems,

graphical solution of problems in three variables, mathematical formulation of

problems in more than three variables(maximization problems, minimization

problems, General Linear Programming Problem(GLPP) (Slack variables, surplus

variables, unrestricted variables, reduction of a GLPP to its standard form), Matrix

formulation of the standard form, canonical form of a LPP, reducing a GLPP to its

canonical form, types of solutions(feasible solutions, basic solutions, basic feasible

solutions), finding basic solutions of a system of simultaneous linear equations.

The statement of the following theorems(without proofs)

1. If there is a feasible solution to a LPP, there is also abasic feasible solution.

2. Every basic feasible solution of an LPP corresponds to one of the extreme points

the set of feasible solutions.

3. If a minimum or a maximum exists for a LPP, it is attained at one of the extreme

points of feasible region.

Meaning of algorithm, explanation of the steps in simplex algorithm, examples.

Artificial variable

method. Definition of the dual of a LPP. Writing the dual of a given GLPP, Dual of

the Dual is the primal, Weak duality and strong duality theorems(statements only),

illustration of duality theorems through

examples, significance of duality.

The Transportation Problem, mathematical formulation of Transportation Problems,

balanced

Transportation Problems, tabular representation of Transportation Problems, special

structure of the Transportation Problem. North-West corner Method, Matrix-

Minima method, checking whether a

feasible solution to a Transportation Problem is a basic solution using closed chain

rule, degenerate basic feasible solutions, solving balanced Transportation Problem

by U-V method, an unbalanced

transportation problem, formulation of an Assignment Problem, solving an

assignment problem by Hungarian method.

Definition of a Game, the pay-off-matrix, Games of pure strategy, Maxmin and

Minmax Principle, saddle point of a pay-off matrix, value of the game, solving

games of pure strategy, mixed strategies,

expected value, algebraic method for 25 2 matrix games of mixed strategies, short

cut method for 25 2 matrix games of mixed strategies, graphical solution of m5 2

and 25 m games by graphical method, dominance Property, modified dominance

property, using algebraic method when the pay-off matrix is a square matrix,

reducing the rectangular matrix game to that of a linear programming problem,

fundamental Theorem of rectangular games, important properties of optimal mixed

strategies.

MTE-13 DISCRETE MATHEMATICS 4 Credits

Connectives, Precedence rule; Logical Equivalence, Logical quantifiers..

What is a proof?; Different methods of proof: Direct proof, Indirect proofs, Counter

examples; Principle of induction. Boolean algebras; Boolean expressions; Logic

circuits; Boolean functions.

Permutations, Permutation of objects not necessarily distinct; Combinations:

Formula for C(n,r), Combination with repetition, The Binomial expansion: Pascal’s

formula for C(n,r), Some identities involving binomial coefficients; The

multinomial expansion: Applications to combinatorial probability, Elements of

classical probability theory, Addition theorem in probability. Integer Partitions:

Recurrence Relation for Pnk , Ferrar’s graph, A recurrence relation for the number of

partitions, generating function for Pn’s; Distributions: Distinguishable objects into

distinguishable containers, Generating function Approach, containers with at most

one ohject, Distinguishable objects into indistinguishable containers, Stirling

numbers of the second kind, Recurrence relation for Snm, A Generalization of the

recurrence relation for Stirling numbers of the second kind, Generating function for

Stirling number of second kind, Bell Numbers, Indistinguishable objects into

distinguishable containers, Indistinguishable objects into indistinguishable

containers.

Pigeon-Hole principle; Inclusion and exclusion principle: Application to number

theory - Euler’s toitient function, Application to onto maps, Application to

Probability, Applications to Derangements.

Generating functions; Exponential generating function; Applications: Combinatorial

identities, Linear equations, Partitions, Recurrence relations.

Linear homogeneous recurrences; Linear non-homogeneous recurrences; Some

other methods; Method of inspection, Method of telescoping sums, Method of

iteration, Method of substitution.

Graphs; Regular graphs; Subgraphs. Connected graphs, Paths, Circuits and Cycles,

Components, Connectivity, Bipartite graphs, Trees. Eulerian graphs; Fleury’s

algorithm; Hamiltonian graphs; Travelling salesperson problem. Vertex colourings:

Definition and examples; Bounds for chromatic numbers; Planar graphs; When is a

graph planar?; Map colouring problem; Edge colourings.

MTE-14 MATHEMATICAL MODELLING 4 Credits

Mathematical Model. Identifying the Essentials of a problem, Mathematical

Formulation (Motion of a simple pendulum, growth of phytoplanktons, motion of a

raindrop). Solution of formulated problems (Motion of A Simple Pendulum,

phytoplankton growth), Interpretation of the solutions.

Free fall of a body, Upward Motion Under Gravity, Simple Harmonic Motion,

Projectile Motion. Noewton’s Law of Gravitation, Escape Velocity, Central forces –

Basic Concepts, Modelling Planetary Motion, Kepler’s laws, Limitations of the

model. Physical Process, Mathematical Model of Plume Rise, Gaussian Model of

Dispersion, Applications of Gaussian Model. Modelling Blood Flow problem and

Oxygen transfer in Red cells. Formulation, solution, Interpretation and Limitations

of the Models.

Interpreation and Limitations of the models, Extension of the Logistic Model.

Types of Interactions between two species, Prey-Predator and Competing Species

Models – Formulation, solution, Interpretation and Limitations of the models. Basic

definitions and fundamental concepts, Simple epidemic model, General epidemic

model, Recurrent epidemic model without and with Undamped waves –

Formulation, Solution, Interpretation and Limitations of the models.

Equilibrium,Monopoly, Duopoly and Oligopoly. Some games and their

characteristics, Two-person zero sum game, Co-operative and Non-co-operative

game theory – “Prisoner’s Dilemma”, “Battle of Sexes” games, Duopoly, some

generalisations, applications and Limitations of the models. Understanding the

problem of Investments, Markowitz Model – Return Valuations, risk valuations,

diversification, Portfolio Selection, - feasible set, efficient and optimal portfolio,

Limitations of the models developed.

Queuing – what and why? Basic concepts, structure and techniques, Modelling

random phenomena, two queueing models, why forecasting? - Basics and time

series analysis, Forecasting Models.

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