ISI Exam Pattern
ISI Exam Pattern for MSQE entrance (MSc Quantitative Economics) :
There are two stages for MSQE entrance (MSc Quantitative Economics) at ISI:
Stage 1: Written test
Stage 2: Interview
Stage 1: Written test
There are two papers in the written exam. Paper 1 covers Mathematics and is objective MCQ type questions. Paper 2 covers Microeconomics and Macroeconomics and is subjective.
Paper 1: Mathematics and Elementary Statistics
This section tests Class 11th and 12th level Maths focusing mainly on Algebra and Calculus. The best way to prepare for it is to pick up RD Sharma or RS Aggarwal and revise the concepts and all the formulae. Once done, practice questions from past year Sample Papers (Links given below). Another very useful source for practicing is a book "Test of Mathematics at the 10+2 Level: Indian Statistical Institute"
Paper 2: Microeconomics and Macroeconomics
This section tests the knowledge of Micro and Macroeconomics. To put it clearly, you need to be thorough with Micro and Macro that is taught at the undergrad level in DU to B.A. Economics (H) students.
Stage 2: Interview
Once you clear the written test, you will be called for an interview. It's a very simple process.