UGC NET Economics Coaching
GSP UGC NET institute provides CBSE NET Economics coaching in Delhi with excellent study material, tutorials and test papers for Economics entrance.
CBSE NET 2016 Economics Syllabus
Subject : Economics / Rural Economics / Co – operation / Demography / Development Planning / Development Studies / Econometrics / Applied Economics / Development Eco. / Business Economics.
There will be two Question Papers, Paper II and UGC NET Paper III ( Part A & B ). UGC NET Paper II will cover 50 Objective Type Questions ( Multiple choice, Matching type, True / False, Assertion – Reasoning type ) carrying 100 marks.
UGC NET Paper III will have two Parts – A and B; Paper III ( A ) will have 10 short essay type, questions ( 300 words ) carrying 16 marks each. In it there will be one question with internal choice from each unit ( i.e., 10 questions from 10 units; Total marks will be 160 ).
UGC NET Paper III ( B ) will be compulsory and there will be one question from each of the Electives. The candidate will attempt only one question ( one elective only in 800 words ) carrying 40 marks. Total marks of UGC NET Paper III will be 200.
UGC NET PAPER – II
- 1. Micro – Economic Analysis
- 2. Macro – Economic Analysis
- 3. Development and Planning
- 4. Public Finance
- 5. International Economics
- 6. Indian Economy
- 7. Statistical Methods
UGC NET PAPER III (A) ( Core group )
Unit – I
- Theory of Demand – Axiomatic approach, Demand functions, Consumer behaviour under conditions of uncertainty.
- Theory of production.
- Collusive and non – collusive oligopolies.
- Different models of objectives of the firm – Baumol, Morris and Williamson.
- Factor pricing.
- General equilibrium and Welfare Economics.
Unit – II
- Keynesian and post – Keynesian approaches to theory of output and employment; concept of investment multiplier; consumption hypotheses Theories of investment and accelerator.
- Theories of demand for money – Keynesian and post – Keynesian.
- Different approaches to money supply; money supply; components and determinants; money multiplier.
- Output – price determination ( aggregate supply and aggregate demand curve analysis ).
- Fleming – Mundell open economy model.
Unit – III
- Development and Growth – Role of institutions.
- Theories of growth and development – Models of growth of Joan Robinson and Kaldor; Technical Progress – Hicks, Harrod and learning by doing, production function approach to the determinants of growth : Endogenous growth : role of education, research and knowledge – explanation of cross country differentials in economic development and growth.
- Theories of development – Classical, Marx, Schumpeter and structural analysis of development – Imperfect market paradigm, Lewis model of development, Ranis – Fei model, Dependency theory of development.
- Factors in economy development – natural resources, population, capital, Human Resource Development and infrastructure.
- Trade and development – trade as engine of growth, two – gap analysis, Prebisch, Singer and Myrdal views; gains from trade and LDCs.
Unit – IV
- Theories of taxation, types, incidence and effects.
- Theories of public expenditure – effects on savings, investment and growth Burden of public debt.
- Union Finance – Trends in Revenue and Expenditure of the Government of India.
- State finance – Trends in Revenue and Expenditure of the State Governments.
- Public Debt – India’s Public debt since 1951 – growth composition, ownership pattern and debt management.
- Union – State Financial Relations – Horizontal and vertical imbalances; the Finance Commissions.
- Fiscal Policy and Fiscal Reforms in India.
Unit – V
- Monetary approach’ and adjustment in the balance of payments.
- Regional blocs – multilateralism and world trading system.
- The Political Economy of imposition of non – tariff barriers.
- International trade under conditions of imperfect competition in goods market.
- Theory of International reserves.
- Optimum Currency Areas – Theory and impact in the developed and developing countries.
- WTO and its impact on the different sectors of the economy.
Unit – VI
- Components of money supply.
- Role, constituents and functions of money and capital markets.
- RBI – recent monetary and credit policies.
- Commercial banks and co – operative banks.
- Specialized financial and investment institutions.
- Non – Bank financial institutions and Regional Rural Banks.
Unit – VII
- Industrial structure and economic growth.
- Pattern of industrialization – Public and Private; large and small industries.
- Theories of Industrial location – Indian experience.
- Industrial productivity – measurement, partial and total trends Industrial Finance in India.
- Industrial Labour – Problems, policies and reforms in India Economic Reforms and industrial growth.
Unit – VIII
- Population and Economic development – interrelation between population, development and environment, sustainable development.
- Malthusian theory of population, Optimum theory of population, theory of demographic transition, population as ‘Limits to Growth’ and as ‘Ultimate Source’.
- Concepts of Demography – Vital rates, Life tables, composition and uses, Measurement of fertility – Total fertility rate, gross and net reproduction rate – Age pyramids, population projection – stable, stationary and quasi – stationary population; characteristics of Indian population through recent census.
- Poverty in India – Absolute and relative; analysis of poverty in India.
- Environment as necessity – amenity and public goods; causes of environmental and ecosystem degeneration – policies for controlling pollution – economic and persuasive; their relative effectiveness in LDCs; Relation between population, poverty and environmental degradation – microplanning for environment and eco – preservation – water sheds, joint forest management and self – help groups.
- Role of State in environmental preservation – Review of environmental legislation in India.
Unit – IX
- Role of Agriculture in Indian Economy – Share of Agriculture, interrelationship between agriculture and industry.
- Institutional aspects – Land reforms, Green revolution.
- Technological aspects – Agricultural inputs and shifts in production function.
- Capital formation in the rural sector – Savings, assets and credits.
- Strategies for rural development.
- Regional disparities in Indian agriculture.
- Cooperative movement in India – Organization, structure and development of different types of cooperatives in India.
Unit – X
- Application of Differential and Integral Calculus in theories of consumer behaviour, Production and pricing under different market conditions.
- Input – output analysis and linear programming.
- Application of Correlation and Regression.
- Testing of Hypothesis in Regression Analysis.
UGC NET PAPER III (B) ( Elective / Optional )
Elective – I
- Single Equation Linear Model
- Simultaneous Equation models
- Techniques of Forecasting
Elective – II
- Theory of Consumer Behaviour and Theory of Firms.
- Theory of Pricing – Monopoly, Monopolistic competition, Duopoly and Oligopoly.
- Theory of Games – Two – person, Zero – sum Game, Pure and Mixed strategy, Saddle point solution, Linear programming and input output analysis.
- Static and Dynamic Multiplier and Accelerator, Samuelson – Hicks trade cycle model.
- Growth Models – Harrod and Domar, Neoclassical models – Solow, Meade, Kaldor’s Model with technological progress, endogenous growth models.
- Employment and output determination with fixed and flexible prices ( IS – LM, Aggregate demand and aggregate supply analysis ).
Elective – III
- The Rise and Fall of Bretton – Wood and emerging International Monetary System.
- World Trading System – Evolution and Distortions.
- Globalization – Developments in Exchange Markets, Euro – Currency Markets, and International Bond Markets, International Debt crisis.
- Theory of Foreign Exchange Markets – Exchange Trading, Arbitrage and Market Hedging.
Elective – IV
- Growth and Productivity trends in Indian Agriculture.
- Development of distributive institutions – Costs and price policies.
- Agricultural marketing and credit.
- Trends in migration and labour markets. Minimum Wages Act.
- WTO and sustainable agricultural development.
- Reforms in Indian agriculture.
Elective – V
- Planning and Economic Development.
- Costs, Prices, WTO and Indian Agriculture.
- Globalization, Liberalization and the Indian Industrial Sector.
- Infrastructure and Economic Development.
- Social Sector, Poverty and Reforms in India.
- Women, Environment and Economic Development.
- Trade Reforms and Liberalization.
- Financial sector reforms.
- Fiscal policy and fiscal reforms.
Recommened Economics Books:
- 1. Economics for UGC – NET / SLET & other competitive examinations for essay type, analytical & text based question By K.R Gupta
- 2. Objective Economics PB By Sanjay Kumar
- 3. Modern UGC NET / SLET Economics By A Team Of Experts
- 4. UGC NET Economics Previous years papers By R.Gupta
- 5. UGC NET / JRF / SET Economics By Gopal Garg
- 6. Trueman’s UGC NET / SET Economics By Sriniwas Shirur
Download previous years Economics question papers
- For 2015 – http://cbsenet.nic.in/cbsenet/QuestionPaperDec2015.aspx
- For 2014 and Earlier : http://www.ugcnetonline.in/previous_question_papers.php