Scribd
Upload
21 views2 pages

DOC-20230331-WA0097. (1)

Uploaded by

Akash Dhibar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
21 views2 pages

DOC-20230331-WA0097. (1)

Uploaded by

Akash Dhibar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Economics (COQP10)

Note:
i. There will be one Question Paper which will have 100 questions.
ii. All questions will be complulsory.
iii. The Question Paper will have two Parts i.e. Part A and Part B:
iv. Part A will have 25 questions based on Language Comprehension/Verbal Ability,
General Awareness, Mathematical/Quantitative ability and Analytical Skills.
v. Part B will have 75 questions based on Subject-Specific Knowledge.

Economics (COQP10)

Micro Economics:
 Consumer Theory or Behavior: Demand, Utility, Indifference Curve, Revealed Preference
Theory, Consumer Surplus
 Production Theory: Production Function, Law of Variable Proportions, Returns to Scale,
Cost Function, types and concepts
 Price and Output determination in Market: Perfect and Imperfect Competition (Monopoly,
Price Discrimination, Monopolistic, Duopoly and Oligopoly models) General Equilibrium,
Efficiency and Welfare: Equilibrium and efficiency under pure exchange and production;
overall efficiency and welfare economics, externality

Macro Economics:
 National Income Accounting
 Income and Output Determination: Aggregate Demand and Aggregate Supply, Effective
Demand Principle, Classical and Keynesian Theory
Money and Inflation:
 Demand and Supply of Money, Money Multiplier and High-Powered Money, Credit
Creation, Role of Reserve Bank of India and Commercial Banks, Quantitative Theories of
Money, Philip’s Curve
 Monetary and Fiscal Policy of India and its role.

Consumption and Investment Function:


 Permanent, Relative and Life Cycle Hypothesis, determinants of business fixed investment;
residential investment and inventory investment, Multiplier and Accelerator
 Open Economy Models: Mundell and Fleming Model (IS, LM and BP curve) , Balance of
Payments, exchange rate determination, Purchasing Power Parity
 Economic Growth: Harrod-Domra Model, Solow Model

Statistical Methods in Economics:


 Mean, Mode, Median, Dispersion, Skewness, Quartile Deviation, Average Deviation,
Standard Deviation
 Correlation
Economics (COQP10)
)
 Simple Regression Model Probability Distribution Sampling

Mathematical Methods in Economics:


 Sets and Vector
 Functions of one and several real variables Single and Multi- variable optimization
Integration of functions
 Difference equations
 Determinants Matrix
 Linear Programming Probability
 Differential Equations

Indian Economy:
Overview of colonial economy:
 Macro Trends: National Income; population; occupational structure.
 Agriculture: Agrarian structure and land relations; agricultural markets and institutions –
credit, commerce and technology; trends in performance and productivity; famines.
Railways and Industry: Railways; the de-industrialization debate; evolution of
entrepreneurial and industrial structure; nature of industrialization in the interwar period;
constraints to industrial breakthrough; labor relations.
 Economy and State in the Imperial Context
 The imperial priorities and the Indian economy; drain of wealth; international trade,
capital
 Flows and the colonial economy – changes and continuities; government and fiscal policy.
 New Economic Policy:
 Public Economics: Public and Private Goods, Externalities, Budget, Deficits, Public Debt,
Fiscal Federalism in India,
 Taxation: its economic effects; dead weight loss and distortion, efficiency and equity
considerations, tax incidence, optimal taxation.
 International Trade Theories: Adam Smith, Ricardo, Heckscher-Ohlin model and New Trade
Theories

You might also like