Undergraduate Economist

Perspectives of an Economics student

IGIDR

The areas which were asked in IGIDR 2007 were:

 English

1) Comprehension

 2)Analytical Reasoning

3)Logical Reasoning

4)Grammar

Mathematics

1)Limits

2)Differentiation

3)Optimization

4)Integration-Definite and Indefinite

5)Sequences and Series

6)Co-ordinate Geometry

7)Geometry

8)Mensuration

9)Matrices and Determinants

10)Probability

11)Special Probability Distributions

12)Vectors

13)Economics-Production fucntion, Elasticity concepts

14)Trigonometric Applications in Calculus and Matrices

15)Inequalities

16)Simple and compound interest

140 Responses to “IGIDR”

  1. chetana Says:

    ok thanks for the igidr thing. did you apply for isi? hw did it go. i think the level of eco was at par with dse. wat do u say?

  2. chetana Says:

    one thing more….have you seen the microeconomics books by k.raychoudhary(spelling may b diff)? and sorry for this but i’d really appreciate if you can give me some info on coaching in delhi , for m.a entrance.
    thanks.

  3. Alex M Thomas Says:

    Chetana,

    I did not apply for ISI. I heard that Economics was really good which means it was tough.

    Three places that i know of, in Delhi, which offers coaching for DSE are-

    1) Economicsentrance.com
    2) Prime Education, South Delhi
    3) Prof. Naresh, North Delhi

  4. chetana Says:

    hi alex,
    thanks a lot. am on the net after a long time. applied for gipe? i have. am confused as to how the no of questions will b divided betw the 5 sections, i.e, maths, stats, eng, eco and reasoning. its the only test am appearing for this time. when r mse forms available? or is it over? good luck for your endeavours!

  5. Alex M Thomas Says:

    Chetana,

    Yeah, i did apply for GIPE. Now concentrating on DSE.MSE exam got over on June 3rd.

  6. chetana Says:

    ALL THE BEST!! thats the best place for eco in india, i guess. we’ll talk abt gipe aft its over. till then, i’ll try to study hard!

  7. partha Says:

    your web is really good..helpin 4 prep of dse entrance.can u giv som lighton deriving competitive eqm price on 2 commodity 2 person world

  8. partha Says:

    can u tell me plz how will I derive asymtote of a given equation.Is there any particular formula to drive that

  9. Alex M Thomas Says:

    Chetana,

    Yeah. :)

    Partha,

    http://www.economicsentrance.com will help you with both your queries.

  10. rupali Says:

    hi Alex ,Chetna
    am Rupali frm kolkata applyin 4 DSE this year…r u also? I didnt get IGIDR, ISI so am very tenzed…….waiting 4 jnu result..n preparing 4 DSE……did any1 of u get ISI or IGIDR…Bcoz I didnt find ur name there and got surprised

  11. Alex M Thomas Says:

    Rupali,

    I didnt get through IGIDR. I did not give ISI and i am writing DSE too.

  12. rupali Says:

    can u tell me the names of all the institutes u r sitting for entrance…..

  13. Alex M Thomas Says:

    Rupali,

    I will be writing Jamia, DSE and Gokhale.

  14. rupali Says:

    ok thnx..
    do u have any idea about jamia’s placement…is that a good institute..actually i dont have any idea about jamia…

  15. Alex M Thomas Says:

    Rupali,

    I do not know about the placements. But it has got a comparitively okay Economics department. Not one of the best though. [I doubt if the placements are good.]

  16. rupali Says:

    okay thnx..
    am not giving jamia thogh..will try to get throgh DSE as its my 1st preference….if u get dse & others what will b ur choice?

  17. Alex M Thomas Says:

    Rupali,

    I prefer only JNU over DSE.

  18. rupali Says:

    r u taking any coaching for DSE entrance..4 me staying at kolkata its very tough to take coaching from delhi..but am just trying to solve all d DSE prvs years question papers…and reading my undergrades books…is that suffi for that?

  19. Alex M Thomas Says:

    Rupali,

    I m going to http://www.economicsentrance.com for coaching. If you fundamentals and strong and if you can apply that in differnt situations, it is enough. But since the competition is high, you need to put in your best. Go to the site i mentioned and you can get a good idea about the DSE test.

  20. rupali Says:

    ur perf is qiute abnormal…is there any special reason???am not heard about any1 who pref JNU over DSE…only kol people have a strong pref on kol-ISI over DSE…ne way BSET OF LUCK….

  21. rupali Says:

    But some of the domains of that site u have mentioned is not accesssable….r we require to pay any thing 4 that

  22. Alex M Thomas Says:

    Rupali,

    I prefer JNU because i wat to be touch with the social sciences in general as in i want to learn economics in an inter disciplinary setting.

    Plus i am a fan of those who teach there. :)

  23. Alex M Thomas Says:

    Ruplai,

    You need to register to get access to all the information in that website.

  24. rupali Says:

    I think for that its best to join any IIT’s economics course becoz their course is more interreleted with other subjects of social science…..and as far as i know from one of my senior at jnu there is no such connection with other sbjts of social science at all

  25. rupali Says:

    ok thnx 4 helping………..

  26. Alex M Thomas Says:

    Rupali,
    The course probably does not offer any, but one can get more informed as there are people doing various related courses on the campus. Read this.

  27. rupali Says:

    Alex,

    ne way ..do u know when jnu will announce their result………..

  28. sanchit Says:

    hey i hv got a call frm IGIDR….can anebody throw sme light on the future prospects of IGIDR???hw are its placements??its market value?

  29. sanchit Says:

    can anebody rank the MA institutes ???

  30. rupali Says:

    Sanchit
    1st congrats 4 getting call from IGIDR..IGIDr is one of the best institutes in India,they provide a good placement..over 90% students from IGIDR generally get placed..
    but if anyone tell me to rank, I will do it as below
    1. DSE
    2.IGIDR
    3.JNU
    4.MSE
    5.GOKHLE

  31. Ram Says:

    what abt ISI Del, ISI Cal??

  32. sanchit Says:

    rupali
    do u have ane idea abt the packages students usually get in IGIDR???

  33. rupali Says:

    Ram
    sorry for not mentioning ISI, the rank would be as
    1.DSE 2.ISI-cal,3.ISI-del,4.IGIDR,5.JNU,6.MSE,7.GOKHLE

    Sanchit,
    generally people from IGIDR get a average package of 6 lacs and more

  34. Ram Says:

    Rupali,

    Your rankings are for job oriented programs or research oriented ones or both??
    For PhD abroad, ISI Delhi is better reputed to ISI Calcutta, isn’t it? Please let me know

  35. rupali Says:

    Ram
    for job and research purpose its quite same upto MA levels…if u want 2 know about Mphill or phd I will rank JNU,IGIDR b4 DSE….
    And its a totaly wrong view that ISI del is more reputed than ISI cal in abroad rather its opposite..remember ISI cal is head insti of all ISI

  36. Ram Says:

    Thanks Rupali,

  37. rupali Says:

    Ram,
    in which std u r studying now…I mean r u final year student of undergrades?

  38. Ram Says:

    Its a long story, I finished BTech last year and now thinking abt DSE next year for UK this year.
    Contact me at sriomram@yahoo.co.in

  39. rupali Says:

    ram,
    uk this year means…?
    and where from you did ur btech?

  40. Ram Says:

    Rupali please drop a mail, I will give you more details.

    It would be nice to discuss such issues with ppl from same domain

  41. rupali Says:

    ram,
    ya thats good, but actually am now in this summer time working at a corporate ,where I cant access any mailbox from here..ok I will mail u 2morrow from cafe

  42. Ram Says:

    Its okay no problem.
    All the best

  43. Satyajit Says:

    Hi,this is satyajit here.well,i have received an interview call from IGIDR.do any of u guys have any idea about the kind of questions asked at the interview(for econoomics students).

  44. sunny Says:

    hi alex,
    what are topics covered in the entrance of GIPE. what are the topics from maths,stats, reasoning and english.

  45. Ram Says:

    Satyajit

    Look at Orkut

  46. Alex M Thomas Says:

    Sunny,

    I too do not know the exact topics to be covered.

  47. sunny Says:

    alex,it,s ok. how was jmi. was’nt is so easy. for analytical reasoning in gipe what are u following.

  48. akshay botre Says:

    please dont call dat naresh guy a professor…i wasted 6500 bucks on dat guy n really,got no output…i wud suggest self study from the rite material.

  49. akshay botre Says:

    the ranking of various institues dat are offering ma,m.phil and phd in economics should be judged according to thier research output rather than the quality of placements.

    quality of placements should become the criteria if one does not want to study furthur in economics(ie,after an MA).

    DSE,that way shud come later than ISI and JNU.this is so because if one wishes to study in US(which one usually dreams of) then definetly, MA from ISI and JNU would be carrying more weight than the one from DSE.

    Gokhale and jamia milia(militia) islamia should be the options of last resort as its gonna take time before these institutes become more reputed interms of quality(never know if its going to be the opposite), and even if one doesnt have ne other option but these….consider reappering fr the top 3 next year.

    again,im strictly talkin interms of the option of goin higher than ma…if u want the placement to be good…then jamia n gokhle too aint dat bad.

  50. Ram Says:

    Thanks Akshay Botre

  51. akshay botre Says:

    @ chetna

    KRC…as it is popularly known is not a good book for practicing problems of microeconomics 1 and 2…there are lots of errors and very few conceptually right questions to figure out…For most of the entrences Varian workbook wud be the best

    one can see that DSE frames its questions from this book as the microeconomics questions dat are asked by DSE are of very similar nature…

    you can get hold of dat book from the DSE photostat shop.

  52. akshay botre Says:

    does ne1 in here know the universities in US which r considering 3 year economics hns degree from delhi university to be equivalent to thier 4 year bacclaureate degree?

  53. Ram Says:

    Most top univs ask for MS.

  54. akshay botre Says:

    did ne1 appear fr the jnu entrance?? how well did it go?? n whts gonna be the expected cutoff??

  55. akshay botre Says:

    @ ram

    tough to accept dat harsh fact…really,the course structure which DU fllows for economics is very much at par with thier own bach degree fr economics…still this discrimination…neway,thnks.

  56. Ram Says:

    @Akshay Botre,

    But Harvard, MIT, Chicago their BA Economics programs are more rigorous to DU ones. But They accept BA Hons of UK univs, that sucks. BA -Econ from UK not on par with our Indian Programs.

  57. chetana Says:

    akshay,

    thanks a lot for that suggestion. also for that bit of info abt “naresh sir”. actually i was planning to go to delhi for his coaching.i’m appearing nly for gipe this yr. most probably i’ll hv to sit for a yr though. plz tell me which books do u think make a comprehensive study package for entrances of top grade institutes.

  58. akshay botre Says:

    @chetna

    n thnk god you changed ur mind abt dat “naresh guy”…well,the books dat shud be reffered for different entrances would depend on the questions asked(pattern of which can be formulated by looking into past papers).

    DSE–content is based upon DU’s economics hns course content. Books dat shud see u through–Varian(intermediate microeco)–Dornbusch and Branson(2 seperate books for macroeco)—Hammond(mathmatical methods fr economics) n if u want to jst do a quick revesion,rs bhardwaj will do. For statistics,theory frm Nagar n Das n probability from Freund.

    JNU-if u r complete with the above,im sure dat JNU wud prove to be easy..jst be prepared with little bit of indian eco(best bet wud be the latest economic survey)

    IGIDR-very mathmatical,theres a book for subsidiary maths 1 and 2 which is asked in du 2nd year…im not able to recall the name of the book so i’ll let u know abt the same later…a bit of english wud help…n practice on sme reasoning questions from ne book which wud offer such questions.

    ISI-i never thot abt dat institute…as i know i simply cant make it.

    Gokhle-look up for the GIPE community on orkut…it gives out the necessary information on GIPE entrance,its content and tips quite clearly.

  59. akshay botre Says:

    @chetna

    forgot to add rubenfield n pyndick fr microeconomics…application problems regarding various market structures(competetive,monopoly,oligopoly,etc.) wud prove very helpful for DSE n JNU.

  60. Ram Says:

    @Akshay please give me the title of probability from Freund.
    There are 2 books, 1 is Introduction to propability and other is Probability and Statistics for Engineers

  61. akshay botre Says:

    @ram

    mathmatical statistics with applications

    author—miller n freund

    the book may be coming out now in the name of miller solely.

  62. akshay botre Says:

    dse exam was soo damn tough

  63. Ram Says:

    Which part, Economics part or Maths part?

  64. akshay botre Says:

    @ram

    economics

  65. Ram Says:

    Economics will be tough no doubt about it, but if its more standard than DFS and Branson , Varian then its really tough.

    @ Akshay whats the standard of questions this year.

  66. Ram Says:

    @Akshay

    Thanks buddy for your books list.
    rubenfield n pyndick fr microeconomics is damm good.

    Thanks once again.

    Please suggest list of readings for ISI too.

  67. akshay botre Says:

    @ram

    i never enquired abt ISI my self…so i hardly know nething abt it.

  68. Ram Says:

    Thanks Akshay.

  69. Satyajit Says:

    Akshay,I have my IGIDR interviews on 11th July.What kind of questions are asked in the interview for ECONOMICS students.Please inform me as I dont have much idea about how to go about preparing for the IGIDR interviews in these last few days.

  70. akshay botre Says:

    @ satyajit

    ive never been thru it myself…but if i were u,i wud have prepared well on the intent of pursuing this course…brushed up basics of economics and a favourite subject in the same…apart from that they cant ask much.

  71. Ram Says:

    Hi,

    Where can I get previous years ISI papers.

  72. ankita Says:

    hi alex. its ankita here. i want to know abut the entrance tests of uoh . u have got it . so can u let me know what all the types of questions come in that entrance .
    and one more thing does the graduation marks count fr the entrances?

  73. Alex M Thomas Says:

    Ankita,

    You can get the previous question papers from UOH. They ask pretty much direct questions, which cover a large spectrum of Economics.

    Unless there is a tie in the entrance test, graduation marks will not be considered; though they require you to have a minimum percentage.

  74. akshay botre Says:

    @ram

    i guess isi shud provide u with the same…when,i dont know…but they certainly do provide…

  75. Ram Says:

    @Akshay

    Thanks, but they provide only sample paper, not prev papers. They do change sample papers every year.

  76. amit bachhawat Says:

    hi, frds, i m studying in tybsc statistics frm mumbai university, n i wanted to do ma in economics frm a decent institue. well i dont have much base of economics, coz i hardly studied economics in detail in sybsc…

    so can u plz assist me in hw i shd i start prpeparing for ma in eco entrance, i still have 1 yr in hand, so can anyone suggest me which books i shd refer for prepartion.

  77. Alex M Thomas Says:

    Amit,

    The books DSE recommends and which is suitable for any other entrance for masters are

    Intermediate Microeconomics- Hal Varian
    Macroeconomics- Dornbusch and Fischer
    Fundamental Methods of Mathematica Economics-A C Chiang

    For statistics, a book that covers probability, expectation, hypothesis testing etc will do

    You can visit this site to do basic exercises in each of the areas.

  78. chetana Says:

    hi alex,

    CONGRATULATIONS!!! let me knw how do u like it once your classes begin. a friend also got through UOH. dunno whether he’s taking admission or not.and thanks again for this site. i appeared for gipe. it went fine but didn’t get thru so i guess cut offs must have gone very high.totally confused. thinking of a coaching in delhi. would you recommend economicsentrance over others?

    akshay,
    thank u so much for that delailed answer. did u get through any of your prefrd places? want to ask u the same thing, which coaching wuold you recommend?

  79. Alex M Thomas Says:

    Chetana,

    UOH is an awesome place-the campus especially. The library is good too. The papers are nice too.

    I suggest you prepare for this one year by yourself using the texbooks suggested. Create problems on your own and work them out; because then you will know if you have understood the concepts with clarity.

  80. akshay botre Says:

    @ chetna

    didnt get thru ne of the preffered places..about the coaching..its hard to judge on a good coaching place as it depends on how comfrtable u r with microeconomics,macroeconomics n stats(especially probability)…delete the naresh option nehow.

    i went to naresh personally so i know how good he is…n those who went to others(like the prime education in lajpat nagar) said dat its how well ure concepts r developed in the subjects as they wont teach u concepts…they will jst make u do questions and the explaination of answers dat they give wud hardly be understandable if ure concepts r not developed enuf.

    im seeking a transfer to a us university for completing the fourth year…im movin out on sep…so i was only partially serious for the entrances.

    but one thing is for sure…everyone who appear fr these entrances know economics quite well…so u’ll have to be the best among the set to be able to secure a seat…ie,uve got to be dead serious.

    all the best.

  81. chetana Says:

    alex,
    thanks for evrything.if it hadn’t been for this site,i’d have long quitted my dream of pusuing eco further. the info i get here means a lot.plz lemme knw if i can get uoh prev yrs ent ques bank by post.

    akshay,
    congrats for making it to US.thanks a lot for ur suggestions.I’LL cartainly try to mk a place among the best.. for thre’s no other option! and no i hvn’t got thru any of the places i want to be in. waise bhi, i appeared only for gokhale.

    keep in touch with this place.

    ALL THE BEST.

  82. Alex M Thomas Says:

    Chetana,

    I shall see if the previous question papers are there with me or if its available. I shall email you if it is available.

  83. chenata Says:

    hi alex,
    thanks a lot. i’ll be on the watch.

  84. xyz Says:

    can u plz tell me how is lalwani’s coachin institute.and wat is the venue fr economicsentrance any if posssible contact no. too. are they takin admissions at this time also.

  85. DEVASMITA Says:

    hi!! alex

    i am keen on taking up masters in economics.if u have the entrance question papers of various universities,will u please mail them to me at devasmitajena@gmail.com. thanx a lot in advance

  86. Sudin B Babu Says:

    Sir,
    Iam interestd to get an admission in IGIDR. I took Science group in my +2. I finished my BA Economics with university 3rd rank.
    Now Iam preparing for the entrances.
    Is there any thing with you that can help me.

  87. Alex M Thomas Says:

    Sudin,

    This blog has a sample paper and also topics which were asked last time. Equip yourself with 12th math and build your speed.

  88. chetana Says:

    hi alex,
    am confused regarding the coachin thing. please tell me whether a full fledged coaching is better than sumthing shorter like ecoentrance….currently am referring to varian(buk n wkbuk) for micro, dornbusch n fischer for macro n schaum’s for stats plus solving maths for igidrn all.am not able 2 decide if the short term course will gimme enough practise or not.since u’ve been thre, plz throw sum light on how they teach n wen do they start.
    if it isn’t a lot f botheration, plz also lemme knw hw 2 get hcu prev yrs q pprs.
    thanks

  89. Alex M Thomas Says:

    Chetana,

    If you have time for a full fledged coaching, i feel it would better than a short term one as it would give you more time to practice. The books that you are using will suffice. Understand the concepts and try making your own questions and solve them.

    economicsentrance started about a month and a half before DSE entrance exam; which will be very useful for those who have completed their ‘own’ study. Moreover, i do not not if they will be there in the coming year.

    I have HCU previous papers. Mail me your address to my email id and i shall send it to you.

  90. sabrina Says:

    hey alex i just read about this university can we provide me light on how can i get through this university…..i will appear for my graduation exam in 2008.but i want to study further n i din know abt this university untill i jussaw this…can u jus throw light o the eligiblity n the other basic requirements.thank u.

  91. Alex M Thomas Says:

    Sabrina,

    The university conducts an entrance in May or June, which was objective last year. They test you for general economics awareness along with micro, macro, stat and math.

    You can visit their website where all the details are provided.

  92. avdhesh gupta Says:

    my name is avdhesh. at pre. i m preparing now dse entrance exam.could u tell me about preparationSir,
    Iam interestd to get an admission in IGIDR. I took Science group in my +2. I finished my BA Economics with university 3rd rank.
    Now Iam preparing for the entrances.
    Is there any thing with you that can help me.which coaching would u recommend.

    that.

  93. Tarun Says:

    Hi Alex,

    Thanks for running this web site, its certainly a one stop for all the students preparing for the
    MA-Economics entrance.

    There is lot of information about DSE/JNU/ISI but very little about IGIDR entrance.

    Can you please provide some info for IGIDR entrance:
    a. Topics to be covered in the entrance exam, and
    b. Good reference books for the preparation.

    Thanks

  94. Abir Says:

    Hi,

    i m abir completed my M.A with Eco this year from kolkata. I want to know abt the good univs from where i can pursue my Mphil and later on Phd. I have heard abt IGIDR, JNU etc. are there any good univs besides those? If so pls post some names in this web. I want to also know abt the prospects after completion of Mphil & Phd from different univs like how is the placement history of them.

    I want to also know abt where can i get the entrance exam syllabus and previous questions.

  95. sabrina Says:

    hey alex….
    i am goin to give my igidr entrance exam this year…to be very honest am an avg student and also am doing my majors in eco form a college in mumbai….i really intend to get thru this institution.will u please gimme an advice as to where to start from …bec my maths doesnt include trigo at all..its very 11th 12th kinda…an i ahve very lil time to prepare as am in my last year.wat is a must requiremnt wen giving igidr wat is the basic that has to be there wen goin to give that exam..and wat are the chances like is it its tuff and an avg student would require to it give a re test?….plz recommend books that have to be brushed up with to give the entrence.

  96. Alex M Thomas Says:

    Avdesh,

    The pattern of IGIDR is similar to that of the CAT, except that this one is relatively easier. Possessing a high speed of reading will aid you so try and increase that. In mathematics, one has to be thorough with all the topics covered in 12th science. Though in 2007, they did ask bits of economics and statistics (akin to data interpretation).

    I do not know of any coaching for IGIDR yet.

    Tarun,

    I have posted the topics that came for 2007 IGIDR entrance test.
    As for the books to refer, one can go through any math book that is prescribed for 12th standard science.

    Abir,

    I do not about the Mphil entrance tests. But some of the other good places to do Mphil are University of Hyderabad, Center for Development Studies (Trivandrum), etc. I am sure there are good places to pursue research in India.

    Sabrina,

    A thorough knowledge of 12th standard mathematics will greatly help. If you are leaving trigonometry, then you must make sure that you have covered all the remaining topics. Calculus involving trig. functions can also come. Last year they quizzed us about a bit of microeconomics too. So try and increase your pace in math and also improve on your english comprehension skills.

    It does not matter if one is an average student or not. Being confident is important too.

  97. Mirko Says:

    Hey initially IGIDR offered the sample paper on its website, now a days it doesn’t. Or it could be possible that I could not find. Can you Alex or anybody help?

    Also Alex are you at IGIDR? If yes, then can you please tell about the Faculty, Student Life, Attitude of People, Disciple, Timings etc.

  98. george Says:

    hy der..
    needed sum help..
    can ne1 xplain how an masters in eco wudd b diff from an mba in finance.. ie if we hav the same job profile in mind (eg. research analyst)??
    wudd doin the eco masters n then goin fer an mba be a good idea..
    if one is lookin to workin after the eco masters wot job profiles wudd b offered?? cudd 1 make the jump 2 i-banking aftr doin the eco masters??
    thanx in advance,
    g

  99. chetana Says:

    george,
    masters in eco is concerned with the study of core economic theories plus traing in their application. mba finance, as far as i think, is totally in sync with the manegerial requirements of companies dealing in finance or the finance deppt in any company. its more to the side of commerce.

  100. Ratna Says:

    Hi alex,
    I graduated with BA Economics ( hons ) from a college in Mumbai and am planning to apply to DSE, IGIDR, Gokhale Institute, and UOH. What we’ve studied in BA is very non mathematical and non application based but i have started preparation of Micro and Maths from the books listed on the eco entrance site. Just wanted to ask you how i should go about studying, whether i should start by looking at all the previous q papers for all the colleges and then start, or should i just perfect the books listed. Also since most of the topics for these entrances overlap, is there a common list of topics i can prepare in Econ, Maths & stats ?

    Thanks,
    Ratna.

  101. Medha Says:

    Hi!

    Could anyone tell me a good basic book (graduate level) on statistics/ econometrics?

    thanks a lot!

    Medha.

  102. GOBIND Says:

    IGIDR courses offered are– M.Sc(eco) AND M.Phil (devlopment science ) .. which one is better for future growth ? and also as final placement ??

  103. GOBIND Says:

    difference b/w m.sc( eco) and m.phil (devlopment science)??

  104. nandini Says:

    hi
    i am a under grad student doing phy hons. I want to sit for IGIDR, ISI,DSE,JNU exams this year. I saw the sample papers for ISI and the macro micro part has ques which are very quantitative. do you know where i can practice more of such ques which will also have the sols to thm?

    do reply
    thanks

  105. nandini Says:

    hi
    i have not doing eco at the under graduate level and i have heard that the jnu exam is only for eco graduates. is this true?

  106. sujan Says:

    qualification for JNU M.A economics is any degree.

  107. Alex M Thomas Says:

    M