UGC NET Economics Syllabus 2023 In Hindi & English

ugc net syllabus

UGC NET Economics Syllabus 2023: University Grants Commission National Eligibility Test for the year 2023 will be conducted in the month of June and December, as per a notification released by the National Testing Agency.

Do you have the latest Economics UGC NET Exam Syllabus PDF?

Don’t Worry! Here we have provided the latest UGC NET Economics Syllabus 2023 in Hindi and English. 

UGC NET Economics Syllabus 2023

UGC NET Exam is the exam that tests the eligibility of Indian Nationals for ‘Assistant Professor’ or for ‘Junior Research Fellowship and Assistant Professor’ both in Indian Universities and Colleges.

Before attending the NTA 2023 Exam, it is important to check easily check and also able to download the UGC NET Syllabus Economics PDF.

UGC NET Economics Syllabus 2023 PDF In English

Here you can check the latest UGC NET Syllabus For Economics 2023 for English Medium.

Subject: ECONOMICS

Code No.: 01

NET Economics Micro-Economic Analysis 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

UGC NET Syllabus Economics 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, 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 it’s 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

Download Economics Syllabus 2023 In English

UGC NET Economics Syllabus 2023 In Hindi

Here you can check the latest NTA NET Economics Syllabus 2023 in Hindi Medium:

Download UGC NET Economics Syllabus 2023 In Hindi PDF

Other Important UGC NET Paper 2

You should have the following study materials to boost your exam preparation for the NTA UGC NET exam.

Click on the link to access other important notes related to the UGC NET Paper 2 exam.

Must-Read UGC NET Economics Exam Pattern 2023

UGC NET Economics Exam has two papers i.e. Paper 1 and Paper 2.

Here you can know the facts about UGC NET Economics Exam 2023

  • The Test will consist of two papers. Both papers will consist of objective-type, multiple-choice questions. There will be no break between papers.
  • For each correct response, the candidate will get 2 marks.
  •  There is no negative marking for an incorrect response.
  • No marks will be given for questions Unanswered/ Marked for Review.
  • If a question is found to be incorrect/ambiguous during the key challenge, only those candidates who have attempted the question and chosen one of the correct answers would be given the credit. Only for dropped question(s), if any, marks will be given to all the candidates.

Check New UGC NET Economics Exam Pattern 2023

Here you can take a look at the major highlights of both the papers of the UGC NET Economics Exam Pattern 2023.

Particulars

UGC NET Paper-I Overview

UGC NET Paper-II Overview

Exam mode

Online

Online

Exam duration

3 hours (180 minutes)

Type of paper

Common for all candidates

Subject-specific questions

Total Questions

50

100

Type of questions

MCQs; 4 options with only 1 correct option

MCQs; 4 options with only 1 correct option

Total marks

100

200

Marking scheme

+2 for a correct answer

0 for an incorrect answer

+2 for a correct answer

0 for an incorrect answer

Language of paper

English and Hindi

English and Hindi

We have covered the detailed guide on UGC NET Economics Syllabus 2023. Feel free to ask us any questions in the comment section below.

FAQs- UGC NET Economics Syllabus

How many units are there in UGC NET Economics Syllabus?

There are a total of ten units in the NTA NET Economics Syllabus.

Which is the best book for Micro Economics for UGC NET?

Advanced Economic Theory by H.L. Ahuja from S.Chand is the best book for Micro Economics book for UGC NET.

What are the books for Macro Economics for UGC NET?

The books for Macro Economics for UGC NET: 1) Macroeconomics Theory and Policy by H.L. Ahuja 2) Macroeconomics by Stanley Fischer

What are the books for International Economics for UGC NET?

Books for International Economics for UGC NET: 1) International Economics by M.L. Jhingan and 2) International Economics by Dominik Salvatore

Which books for Public Economics for UGC NET are the best?

Public Finance by H.L. Bhatia, In this also, there is no need to study in In-depth, just read the topics given in the syllabus.

Is the Indian Economy a part of the chapter in the UGC NET Economics Syllabus?

Yes. Indian Economy is a part of the chapter in the UGC NET Economics Syllabus.

How to download the UGC NET Economics Syllabus in PDF?

You can download the UGC NET Economics Syllabus in PDF from the above article.

Where can I get the latest UGC NET Syllabus for Economics in Hindi?

Go through the above article to get the latest UGC NET Economics Syllabus in Hindi.

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