Book Description: Unlike many western Universities, Indian Universities were reluctant to introduce Mathematical Economics in their Under Graduate and Post Graduate Economics programmes, though some of them are offering Econometrics as one of the papers which contain more Statistics and less Mathematics. However Universities of Calcutta, Delhi and Bombay are the trend setters in this area by introducing Mathematical Economics course with strong quantitative methods and applications in both the Under Graduate and Post Graduate programmes. Following the steps of these pioneer Universities, other Indian Universities have also now started giving more emphasis on quantitative