Panjab University, one of the premier institutions in India, offers a comprehensive Master's program in Economics. Aspiring economists who wish to enter this program must pass the Panjab University Master's in Economics entrance exam. This entrance exam assesses candidates' knowledge of economics and related subjects and ensures that only the best are selected.
Entrance Exam Details:
Entrance Test Name: PU- CET- PG for MA Economics at Panjab University.
Application Period: Mid-April to May (as per 2024)
Exam Date: Mid-June (as per 2024)
Eligibility Conditions:
Candidates must meet the following eligibility criteria:
Passed Bachelor's Degree with Honours in Economics or Bachelor's Degree with Economics as an optional subject with an aggregate of 50% marks.
Any other degree awarded by a UGC-recognized university/institution equivalent to the above degree from Punjab University.
Candidates who reappear or fail at the first time of counseling will not be eligible for admission.
Entrance Exam Pattern
Here are the details for entrance exam pattern:
Duration:Â One hour and thirty minutes.
Total Questions: 75 multiple-choice questions, each carrying one mark.
Negative Marking: ¼ marks will be deducted for wrong answers.
Pattern of Question Paper:
Microeconomics: 10 questions
Macroeconomics: 10 questions
Indian Economy: 10 questions
Economics of Growth, Development & Planning: 10 questions
Mathematics and Statistics: 10 questions
Econometrics: 10 questions
Applied Economics: 10 questions
Logical Reasoning: 05 questions
Syllabus:
Microeconomics:
Demand and Consumer Behavior
Theory of Production and Costs
Market Forms and Revenue
Price and Output Determination
Distribution
Macroeconomics:
Consumption Function
Investment Function
Determination of Income and Employment
Money and Banking
Inflation and Macro-Economic Policies
Trade Cycle
Indian Economy:
Planning, Agriculture, Industry
Tax Structure, Unemployment, Poverty
Consumer Protection Act, Competition Act
Economics of Growth, Development & Planning:
Economic Growth and Development
Capital Formation, Industrial Development
Trade Policy, Strategies of Economic Development
Theory of Planning
Mathematics and Statistics:
Sets and Functions, Matrices
Measures of Central Tendency, Correlation Analysis
Interpolation, Index Numbers, Time Series Analysis
Econometrics:
Definition and Scope
Single Equation Models, Testing of Hypothesis
Applied Economics:
Industrial Economics, Agricultural Economics
International Economics, Public Finance, Money and Banking
Logical Reasoning
Preparation Tips
Understand the syllabus:Â
Start by understanding the syllabus thoroughly.
Divide each topic into sections and create a study plan that allows enough time for each section.
Recommended books :Â
Microeconomics by Robert S.
Pindyck and Daniel L.
Rubinfeld Macroeconomics (by Gregory Mankiw)Â
Statistics in Business and Economics (by Paul Newbold)Â
Indian Economics (by Ramesh Singh)Â
Past Mock Exams:Â It is essential to solve past exam questions. It helps you understand the exam pattern, difficulty level, and type of questions asked.
Mock Exams:Â Taking mock exams regularly helps you manage your time and develops the stamina you need for the actual exam.
Stay Updated:Â Stay updated with the latest economic trends, especially those affecting the Indian economy. Reading newspapers, business magazines and reputed websites can be very helpful.
Repetition:Â Regular repetition is essential. Allow yourself time to review each topic several times before the exam.
Conclusion
Successfully passing the Master's in Economics program at Panjab University requires thorough preparation, a strategic study plan, and a calm demeanor during the exam.
With enthusiasm and the right resources, motivated candidates can crack the entrance exam and begin a rewarding academic career in Economics at one of India's top universities.
Hope this helps you all and BEST OF LUCK.
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