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UCG NET-JRF Economics Coaching Delhi

UGC NET JRF Economics Coaching is available in Delhi by Indias No-1 Coaching Institute "Humanities Point" with excellent study material, tutorials, and test papers for Economics entrance. Get an opportunity to enroll in Top Coaching of India to Crack NET JRF Economics 2024.

We at Humanities Point Offer Classroom Coaching for Economics NET-JRF Subject. If You are an Aspirant of 2018 Bach NET/JRF with Economics, You can Join our innovative Batch for the Target NET/JRF-2024. We carefully cover the entire syllabus of NET-JRF Economics with the solution of Past Years Papers, Sample Papers and also focus on the preparation of important questions for NET-JRF Economics.

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NET Economics Syllabus

Code No. : 01
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 JRF 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 types, 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. The total marks of UGC NET Paper III will be 200.

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 behavior 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 the theory of output and employment; the 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 economic development - natural resources, population, capital, Human Resource Development, and infrastructure.
  • Trade and development - trade as an 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 - Indias 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 the 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 the money supply.
  • The role, constituents, and functions of money and capital markets.
  • RBI - recent monetary and credit policies.
  • Commercial banks and co - cooperative banks.
  • Specialized financial and investment institutions.
  • Non - Bank financial institutions and Regional Rural Banks.

Unit - VII
  • Industrial structure and economic growth.
  • A 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, the 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 the recent census.
  • Poverty in India - Absolute and relative; analysis of poverty in India.
  • Environment as a 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 - watersheds, 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, the interrelationship between agriculture and industry.
  • Institutional aspects - Land reforms, Green revolution.
  • Technological aspects - Agricultural inputs and shifts in the production function.
  • Capital formation in the rural sector - Savings, assets, and credits.
  • Strategies for rural development.
  • Regional disparities in Indian agriculture.
  • The 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 behavior, 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/CBSE 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, Kaldors 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 labor 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.

Recommended 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. Truemans UGC NET / SET Economics By Sriniwas Shirur

Download previous years Economics question papers
For 2015 to 2017 -
For 2000-2015:


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