UGC NET Economics Syllabus 2024, PDF Download

UGC aspirants, show some urgency! The National Testing Agency (NTA) has released the UGC NET application form 2024 with a deadline i.e.10th December 2024. The syllabus is released along with the official UGC NET 2024 notification for 85 subjects.

For candidates who chose Economics as their main subject, UGC NET Economics Syllabus 2024 has been released as well. Candidate must have started preparing for the examination for UGC NET Exam. UGC NET Economics Syllabus 2024 will help the aspirants to understand the topics in detail. Here we are going to provide UGC NET Economics Syllabus 2024 important topic-wise, section to get better results.

UGC NET Economics Syllabus & Exam Pattern 2024

UGC NET Economics Examination will be held for 150 questions for 300 marks which will be done in 3 hrs. There will be 2 papers with no negative marking. Here lets us understand the details of the UGC NET Economics Exam pattern 2024

UGC NET Economics Syllabus 2024 Paper II Marking Scheme

UGC NET Examination will be done in 2 papers without any breaks. Candidates who are preparing for the UGC NET Economics Examination should know about the exam marking system. UGC NET Economics Exam question pattern will be as Multiple Choice Questions which has to be completed in 3 hr. The following instructions will help the candidate understand the UGC NET Economics Examination Marking Scheme.

• Correct Answer Marking: 2 marks will be given for the correct answer
• Wrong Answer Marking: There will be no negative Marking for the wrong answer

UGC NET Economics Syllabus 2024 Minimum Qualifying Marks

NTA conducted this exam all over India in different centres. UGC NET Economics minimum qualifying marks have been given in the below table category-wise. The details for UGC NET Economics minimum qualifying marks have been mentioned below:

UGC NET Economics Syllabus Paper II

Here we are providing a detailed syllabus of the UGC NET Syllabus for Economics Subject Paper II which has been mentioned in the below table section wise.

Unit-1: Micro Economics

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

Unit-2: Macro Economics

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

Unit- 3: Statistics and Econometrics

• Probability Theory: Concepts of probability, Distributions, Moments, Central Limit theorem
• Descriptive Statistics – Measures of Central tendency & dispersions, Correlation, Index Numbers
• Sampling Methods & Sampling Distribution
• Statistical Inferences, Hypothesis testing
• Linear Regression Models and their properties – BLUE
• Identification Problem
• Simultaneous Equation Models – recursive and non-recursive
• Discrete choice models
• Time Series Analysis

Unit-4: Mathematical Economics

• Sets, functions and continuity, sequence, series
• Differential Calculus and its Applications
• Linear Algebra – Matrices, Vector Spaces
• Static Optimization Problems and their applications
• Input-Output Model, Linear Programming
• Difference and Differential equations with applications

Unit-5: International Economics

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

Unit-6: Public Economics

• Market Failure and Remedial Measures: Asymmetric Information, Public Goods, Externality
• Regulation of Market – Collusion and Consumers’ Welfare
• Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and non-progressive Taxation, Incidence and Effects of Taxation
• Public expenditure
• Public Debt and its management
• Public Budget and Budget Multiplier
• Fiscal Policy and its implications

Unit-7: Money and Banking

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

Unit-8: Growth and Development Economics

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

Unit-9: Environmental Economics and Demography

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

Unit-10: Indian Economy

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

UGC NET Economics Syllabus Paper II PDF in Hindi and English

The direct link to download the UGC NET Economics Syllabus PDF 2024 in Hindi and English has been given below. Candidates can download UGC NET Economics Syllabus 2024 in both languages. All the candidates can prepare with important topics and unit-wise detailed syllabi in the below PDFs. The link to download UGC NET Economics Syllabus PDF 2024 has been given below :

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