UGC NET Economics Syllabus 2023 In Hindi & English | Download PDF

UGC NET Economics Syllabus 2023: UGC NET Exam is conducted for Assistant Professor or JRF (Junior Research Fellowship) & Assistant Professor both.

To begin the journey in this field, it’s essential to know the complete NTA UGC NET Syllabus 2023 for Economics.

Here we have provided the latest UGC NET Economics Syllabus 2023 in Hindi and English.

UGC NET Economics Syllabus 2023

National Testing Agency (NTA) releases the UGC NET syllabus along with the latest notification. 

However, since the UGC NET syllabus for both paper-I and -II was revised by NTA in June 2019, no changes are likely to be made to this year’s NET syllabus.

The subject code for UGC NET Economics is 01. It comprises two online papers namely Paper-I & Paper-II with Multiple Choice Questions (MCQ)s.

  • UGC NET Economics Paper 1 Syllabus tests teaching and reasoning ability, research aptitude, comprehension, divergent thinking, and general awareness.
  •  UGC NET Economics Paper 2 Syllabus is based on Economics. It tests your depth of knowledge and expertise in the respective subject.

To crack the NET exam, you must know the syllabus for both the papers and mark the important topics & sub-topics to start your preparation.

UGC NET Economics Syllabus For Paper I 2023

UGC NET Syllabus for Economics Paper I tests the reasoning ability, reading comprehension, divergent thinking, and general awareness of the candidate.

UGC NET Economics Paper I syllabus will have 50 questions worth 100 marks. The Paper I syllabus has 10 units, and precisely 5 questions will be asked from each unit.

Go through the exam pattern of the UGC NET Economics Paper 1 syllabus  mentioned below:

Topics Questions Marks
Part I: Teaching Aptitude 5 10
Part II: Research Aptitude 5 10
Part III: Reading Comprehension 5 10
Part IV: Communication 5 10
Part V: Reasoning (including Maths) 5 10
Part VI: Logical Reasoning 5 10
Part VII: Data Interpretation 5 10
Part VIII: Information & Communication Technology (ICT) 5 10
Part IX: People & Environment 5 10
Part X: Higher Education System: Governance, Polity & Administration 5 10
Total 50 100

[Check Latest UGC NET Syllabus for Economics Paper 1 in Hindi & English]

UGC NET Economics Syllabus For Paper II 2023 In English

Here you can check the latest UGC NET Syllabus For Economics Paper-II 22 for English Medium.

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 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 UGC NET Syllabus for Economics Paper 2 In English PDF ]

UGC NET Economics Syllabus For Paper II 2023 In Hindi

Here you can check some important topics of the UGC NET Syllabus For Economics Paper-II 22 In Hindi.
इकोनॉमिक्स माइक्रोइकोनॉमिक्स टॉपिक
मैक्रोइकोनॉमिक्स टॉपिक
इंडियन इकोनॉमिक्स
अर्थशास्त्र के साथ वृद्धि और विकास
पब्लिक इकोनॉमिक टॉपिक्स

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

[Download UGC NET Paper-II Syllabus For Economics In Hindi PDF ]

UGC NET Economics Old Syllabus

The UGC NET examination old syllabus which was applicable till December 2018 can be downloaded in pdf format from the following link.

Kindly note that this syllabus is considered outdated and is now not applicable for the upcoming UGC NET examination in Economics.

You can use it only for your reference purpose.

[Download UGC NET Education Paper 2 Syllabus Old PDF ]

Other Important Study Materials for UGC NET Economics

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

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

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 marks for the correct answer
0 for an incorrect answer
2 marks for the correct answer
0 for an incorrect answer
Language of paper English and Hindi English and Hindi

Important Points About UGC NET Economics Exam Pattern:

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

Benefits Of Latest NTA UGC NET Economics Syllabus 2023

For any preparation to be successful, knowing the syllabus and exam pattern is essential. You can definitely score more with the proper use of the NTA UGC NET Economics Syllabus.

Some notable benefits from the new UGC NET Economics 22 Syllabus are as below:

  • NTA UGC NET Economics Syllabus describes the topics and concepts to be covered while preparing for the examinations.
  • NTA UGC NET Syllabus for Economics also mentions the weightage allotted to different units and chapters, knowing which you may form a strategy for preparing for chapters with high or low weightage.
  • Question paper design/format is also explained in a syllabus that lets students know about the questions asked and various sections employed in the exam papers. It also gives an idea about the marks distribution in the paper.
  • Having a clear understanding of your syllabus and the weightage of various sections will definitely help you decide how much time you should dedicate to each section.
  • Generally, the exam papers for each course are designed as per the syllabus prescribed for that course. So, preparing according to the topic and instructions mentioned in the syllabus obviously helps to crack the exam with good scores.

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

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