UGC NET
Economics

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ABOUT
ArthaPoint - UGC NET Economics

  • Video Lectures for complete syllabus

  • Study Mode as per the latest syllabus

  • Notes (PDF)

  • Quiz

  • 100 + Subject Specific Assignments/ Mock Papers

  • Complete Paper 2 will be covered as part of the syllabus

  • Access anytime from anywhere through App or Laptop 

  • Access to the videos for one complete year or till exam, whichever is earlier

  • Fee - Rs 6,500/-

PATTERN
ArthaPoint - UGC NET Economics

Demo Lecture
ArthaPoint - UGC NET Economics

Syllabus
ArthaPoint - UGC NET Economics

Microeconomics

•Theory of Consumer Behavior

•Theory of Production and Costs

•Decision making under uncertainty Attitude towards Risk

•Game Theory - Non-Cooperative games

•Market Structures, competitive & non-competitive equilibria & 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

Macroeconomics

•National Income : Concepts and Measurement

•Determination of output and employment: Classical and 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

Statistics and Econometrics

•Probability Theory: Concepts of probability, Distributions, Moments, Central Limit theorem

•Descriptive Statistics - Measures of Central tendency and dispersions, Correlation,

•Index Numbers

•Sampling methods and 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

Mathematical Economics

International 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

•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

Public Economics

•Market Failure and Remedial Measures: Asymmetric Information, Public Goods, Externality

•Regulation of Market - Collusion and Consumers’ Welfare

•Public Revenue : Tax and Non-Tax Revenue, Direct and 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

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

Growth and Development Economics

•Economic Growth and Economic Development

•Theories of Economic Development : Adam Smith, Ricardo, Marx, Schumpeter, Rostow, Balanced and Unbalanced growth, Big Push approach.

•Models of Economic Growth : Harrod-Domar, Solow, Robinson, Kaldor

•Technical progress - Disembodied and embodied; endogenous growth

•Indicators of Economic Development: PQLI, HDI, SDGs

•Poverty and Inequalities - Concepts and Measurement

•Social Sector Development : Health, Education, Gender

•GATT, WTO and Regional Trade Blocks; Trade Policy Issues

•IMF and World Bank

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

Indian Economy

•Economic Growth in India : Pattern and Structure

•Agriculture : Pattern and Structure of Growth, Major Challenges, Policy Responses

•Industry : Pattern and Structure of Growth, Major Challenges, Policy Responses

•Services : Pattern and Structure of Growth, Major Challenges, Policy Responses

•Rural Development - Issues, Challenges and 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, Labor and Capital Markets

•Centre-State Financial Relations and Finance Commissions of India; FRBM

•Poverty, Inequality and Unemployment