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UGC NET Economics Syllabus

The document outlines the syllabus for the UGC NET Economics exam, which is divided into 10 units that cover topics in microeconomics, macroeconomics, statistics, mathematical economics, international economics, public economics, money and banking, growth and development economics, environmental economics and demography, and the Indian economy. Key concepts are listed for each unit, such as theories of consumer behavior, market structures, national income measurement, monetary and fiscal policy, economic growth models, poverty measurement, and patterns of growth in the Indian agriculture, industry, and services sectors.

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kumar Harsh
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132 views

UGC NET Economics Syllabus

The document outlines the syllabus for the UGC NET Economics exam, which is divided into 10 units that cover topics in microeconomics, macroeconomics, statistics, mathematical economics, international economics, public economics, money and banking, growth and development economics, environmental economics and demography, and the Indian economy. Key concepts are listed for each unit, such as theories of consumer behavior, market structures, national income measurement, monetary and fiscal policy, economic growth models, poverty measurement, and patterns of growth in the Indian agriculture, industry, and services sectors.

Uploaded by

kumar Harsh
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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UGC NET Economics Syllabus [Latest]

Check the UGC NET syllabus for Economics below:

Unit-1: Micro Economics

o Theory of Consumer Behaviour


o Theory of Production and Costs
o Decision making under uncertainty Attitude towards Risk
o Game Theory–Non-Cooperative games
o Market Structures, competitive and non-competitive equilibria and their efficiency
properties
o General Equilibrium Analysis
o Factor Pricing
o Efficiency Criteria: Pareto-Optimality, Kaldor –Hicks and Wealth Maximization
o Asymmetric Information: Adverse Selection and Moral Hazard
o Welfare Economics: Fundamental Theorems, Social Welfare Function

Unit-2: Macro Economics

o Determination of output and employment: Classical & Keynesian Approach


o National Income: Concepts and Measurement
o Consumption Function
o Investment Function
o Multiplier and Accelerator
o Demand for Money
o Supply of Money
o IS-LM Model Approach
o Inflation and Phillips Curve Analysis
o Monetary and Fiscal Policy
o Business Cycles
o Rational Expectation Hypothesis and its critique

Unit-3: Statistics and Econometrics

o Probability Theory: Concepts of probability, Distributions, Moments, Central Limit


Theorem
o Descriptive Statistics– Measures of Central tendency & dispersions, Correlation, Index
Numbers
o Sampling Methods & Sampling Distribution
o Statistical Inferences, Hypothesis testing
o Linear Regression Models and their properties – BLUE
o Simultaneous Equation Models – recursive and non-recursive
o Identification Problem
o Discrete choice models
o Time Series Analysis

Unit-4: Mathematical Economics

o Linear Algebra –Matrices, Vector Spaces


o Input-Output Model, Linear Programming
o Sets, functions and continuity, sequence, series
o Differential Calculus and its Applications
o Static Optimization Problems and their applications
o Difference and Differential equations with applications

Unit-5: International Economics

o International Trade: Basic concepts and analytical tools


o Theories of International Trade
o Balance of Payments: Composition, Equilibrium and Disequilibrium and Adjustment
Mechanisms
o International Trade under imperfect competition
o Exchange Rate: Concepts and Theories
o Foreign Exchange Market and Arbitrage
o Tariff and Non-Tariff barriers to trade; Dumping
o Gains from Trade, Terms of Trade, Trade Multiplier
o GATT, WTO and Regional Trade Blocks; Trade Policy Issues
o IMF & World Bank

Unit-6: Public Economics

o Market Failure And Remedial Measures: Asymmetric Information, Public Goods,


Externality
o Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and non-
Progressive Taxation, Incidence and Effects of Taxation
o Regulation of Market – Collusion and Consumers’ Welfare
o Public Budget and Budget Multiplier
o Fiscal Policy and its implications
o Public expenditure
o Public Debt and its management

Unit-7: Money and Banking

o Central Bank
o Commercial Banking
o Components of Money Supply
o Instruments and Working of Monetary Policy
o Capital Market and its Regulation
o Non-banking Financial Institutions

Unit-8: Growth and Development Economics

o Economic Growth and Economic Development


o Theories of Economic Development: Adam Smith, Ricardo, Marx, Schumpeter, Rostow,
Balanced & Unbalanced growth, Big Push approach
o Models of Economic Growth: Harrod-Domar, Solow, Robinson, Kaldor
o Technical progress–disembodied & embodied; endogenous growth
o Indicators of Economic Development: PQLI, HDI, SDGs
o Poverty and Inequalities – Concepts and Measurement
o Social Sector Development: Health, Education, Gender

Unit-9: Environmental Economics and Demography

o Environment as a Public Good


o Market Failure
o Coase Theorem
o Theories of Population
o Concepts and Measures: Fertility, Morbidity, Mortality
o Age Structure, Demographic Dividend
o Cost-Benefit Analysis and Compensation Criteria
o Valuation of Environmental Goods
o Migration
o Life Table

Unit-10: Indian Economy

o Economic Growth in India: Pattern and Structure


o Agriculture: Pattern & Structure of Growth, Major Challenges, Policy Responses
o Services: Pattern & Structure of Growth, Major Challenges, Policy Responses
o Industry: Pattern & Structure of Growth, Major Challenges, Policy Responses
o Urban Development –Issues, Challenges and Policy Responses
o Rural Development –Issues, Challenges & Policy Responses
o Infrastructure Development: Physical and Social; Public-Private Partnerships
o Foreign Trade: Structure and Direction, BOP, Flow of Foreign Capital, Trade Policies
o Centre-State Financial Relations and Finance Commissions of India; FRBM
o Reforms in Land, Labour and Capital Markets
o Poverty, Inequality & Unemployment

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