The Advanced Learner’s Class(ALC) held every Thursday for the group of students who are interested in strengthening the knowledge on the subject for entrance examinations conducted by universities outside the state. The main objective of ALC is to prepare the BA economics students to be able enough to crack the Masters entrance exams. The students who attend these classes are from first year, second year and third year BA classes.
The initial classes were taken by Ms. Anju George, faculty of economics dept. The mathematical concepts such as Application of derivatives, Slopes, Application of partial derivatives, Demand analysis, Hessian determinant, problems using lagragian multipliers and problems based on consumer surplus was taken. At the end of each class the concepts studied were taught with teaching the application of it in mathematical forms. A few questions based on the taught topics from the previous year question papers of JNU, DU was also worked out.
The second phase of the ALC was continued by Ms. NirmalaPadhmanabhan. The main textbook that we followed in Microeconomics was Pindyck. In the month of August, the topic of Budget Line was finished. In the coming classes the students worked in groups to solve the exercise of second chapter of pindyck textbook. Another topic which was taught is elasticity. The mathematical problems of the same was also worked out.Resuming classes after the semester break, further topics of consumer behavior and different types of indifference curve were taught.The students raised doubts regarding the different classification of the good in the market. The effect on an increase or decrease in the price of a commodity and the effect of change of income of the consumer could be reflected on the indifference curve. The concept of Langragian Multiplier was introduced to the juniors.The constrained optimization was also taught. The exercise questions of chapter 2 were completely discussed and the students were asked to solve the exercise of chapter 4.
Advanced Learner’s class are classes conducted for students to fathom the subject beyond their textbooks. It consists of students who were selected based on their performance in examinations, concept understanding and fundamental knowledge.
In the academic year 2016-17, exercise and review questions of the first 3 chapters of Microeconomics text by Rubenfield and Pindyck were worked out and classes were also conducted to discuss various economic issues which mainly include demonetisation.
In the academic year 2017-18, Advanced Learners Class consisted of the following students;
- SHALIN SAJAN
- TARA MOHANDAS
- AISHWARIYA S.
- ARCHANA R. VIKRAMAN
- KALYANI SALEEL
| DATE | TOPICS COVERED | TIME | STUDENTS ATTENTED |
| 23RD June 2017 | Module 4: Individual and Market Demand | 2 30 pm to 3 30 pm | 1. SHALIN SAJAN
2. TARA MOHANDAS 3. AISHWARIYA S. 4. ARCHANA R. VIKRAMAN 5. KALYANI SALEEL |
| 4th July 2017 | Discussion on Aravind Subramaniam’s Lecture | 11 30 am to 12 15 pm | 1. SHALIN SAJAN
2. TARA MOHANDAS 3. AISHWARIYA S. 4. ARCHANA R. VIKRAMAKALYANI SALEEL |
| 12th July 2017 | Module 4: Appendix
Lagragian Multiplier, Cobb Douglas Utility function and production function |
2 30 pm to 3 30 pm | 1. SHALIN SAJAN
2. TARA MOHANDAS 3. AISHWARIYA S. 4. ARCHANA R. VIKRAMAN 5. KALYANI SALEEL |
| 8TH August 2017 | Doubt clarification of exercise questions | 11 30 am to 12 pm | 1. SHALIN SAJAN
2. TARA MOHANDAS 3. AISHWARIYA S. 4. ARCHANA R. VIKRAMAN 5. KALYANI SALEEL |
| 16th Wednesday 2017 | Module 5: Production and Module 6: Cost of Production
Discussion of exercise questions |
2 30 pm to 3 30 pm | 1. SHALIN SAJAN
2. TARA MOHANDAS 3. AISHWARIYA S. 4. ARCHANA R. VIKRAMAN 5. KALYANI SALEEL |
| 22nd Tuesday 2017 | Module 7: Profit Maximisation and Competitive Supply
Discussion of exercise questions |
2 30 pm to 3 30 pm | 1. SHALIN SAJAN
2. TARA MOHANDAS 3. AISHWARIYA S. 4. ARCHANA R. VIKRAMAN 5. KALYANI SALEEL |
| 25th Friday 2017 | Module 8: The Analysis of Competitive Markets
Discussion of exercise questions |
2 30 pm to 3 30 pm | 1. SHALIN SAJAN
2. TARA MOHANDAS 3. AISHWARIYA S. 4. ARCHANA R. VIKRAMAN 5. KALYANI SALEEL |
| November 3rd 2017 | Discussions on the Economic survey of India | 2 30 pm to 3 30 pm | 1. SHALIN SAJAN
2. TARA MOHANDAS 3. AISHWARIYA S. 4. ARCHANA R. VIKRAMAN
|
| February 17th 2018 | Submission of complete exercises worked out. |
In the academic year 2018-19, the Advanced Learner’s Classes were held during summer vacations. In the month of April-May, classes were focused on Micro-economics. The textbook followed in Microeconomics is ‘Microeconomics by Robert Pindyck and Daniel Rubinfeld’. The class consisted of the following students:
- DINA 1st year
- MALAVIKA 1st year
- RUKSANA RASHEED 1st year
- R. VEDA 1st year
- LEKSHMI MAHESH 1st year
- SHALIN SAJAN 3rd year
- TARA MOHANDAS 3rd year
- REAH GRACE 3rd year
16th April 2019(Monday)
The first class was on April 16th. The concept of economic crisis and its causes were familiarized to the students. They were also introduced to different economic crisis like Argentina tequila crisis and Pigs crisis. Students were asked to read 2 chapters of Pindyck textbook.
Students attended:
- Malvika ,Dina,Ruksana ,Shalin Sajan
22nd April 2019(Monday)
The second class was conducted on April 22nd. The concepts of economic crisis was continued in this class too. Twin balance sheet based on Aravind Subramaniam’s lectures were taught on that day. Students were asked to read 4 chapters of Pindyck textbook and to work in groups to solve the exercises of the same.
Students attended: Ruksana Rasheed, Lekshmi mahesh,V.R.Veda,Tara,Shalin,Riya.
18th May 2019(Saturday)
The third class was conducted on May 18th. Students were made to do a quiz on behavioural economics and was taught about the basics of behavioural economics. Contributions of Thaler and Sunstein in Behavioural economics were also discussed. The exercise questions of 4 chapters were discussed and the students were asked to read the Pindyck text till chapter 8.
Students attended: Malvika,Lekshmi Mahesh,V.R.Veda.