  We have introduced a semi-automated quantitative method to estimate the age
and reddening of 1072 star clusters in the Large Magellanic Cloud (LMC) using
the Optical Gravitational Lensing Experiment (OGLE) III survey data. This study
brings out 308 newly parameterised clusters. In a first of its kind, the LMC
clusters are classified into groups based on richness/mass as very poor, poor,
moderate and rich clusters, similar to the classification scheme of open
clusters in the Galaxy. A major cluster formation episode is found to happen at
125 +- 25 Myr in the inner LMC. The bar region of the LMC appears prominently
in the age range 60 - 250 Myr and is found to have a relatively higher
concentration of poor and moderate clusters. The eastern and the western ends
of the bar are found to form clusters initially, which later propagates to the
central part. We demonstrate that there is a significant difference in the
distribution of clusters as a function of mass, using a movie based on the
propagation (in space and time) of cluster formation in various groups. The
importance of including the low mass clusters in the cluster formation history
is demonstrated. The catalog with parameters, classification, and cleaned and
isochrone fitted CMDs of 1072 clusters, which are available as online material,
can be further used to understand the hierarchical formation of clusters in
selected regions of the LMC.
