[New] UGC NET Economics Syllabus 2023 PDF Download

UGC NET Economics Exam Pattern 2023:

The UGC NET Economics exam consists of two papers – Paper 1 and Paper 2. Both papers are conducted on the same day, and the duration of each paper is 3 hours. The exam is conducted online, and each question carries 2 marks. There is no negative marking for incorrect answers.

The UGC NET Economics Exam consists of two papers: Paper 1 and Paper 2.

Paper 1:

Duration: 3 hours
Number of questions: 50
Total marks: 100
Type of questions: Multiple Choice Questions (MCQs) based on general aptitude, teaching and research aptitude, and current affairs.

Paper 2:

Duration: 3 hours
Number of questions: 100
Total marks: 200
Type of questions: MCQs based on Economics subjects.

Both papers are conducted in a single session with no break in between. The candidates are required to appear for both papers to be considered for the selection process.

[2012 to 2023] Nta Ugc Net Paper 1 Previous Year Question Paper

With Answer Key Pdf (Click Here)

It’s important to note that there is no negative marking for incorrect answers in UGC NET Economics Exam.

UGC NET Economics Syllabus 2023: Download PDF

The UGC NET Economics syllabus is divided into two parts – Paper 1 and Paper 2. Here’s a detailed syllabus for both papers.

Paper 1 Syllabus:

Teaching Aptitude:

Teaching: Nature, objectives, characteristics, and basic requirements.
Learner’s characteristics: Characteristics of adolescent and adult learners, and individual differences.
Methods of teaching: Teacher-centered vs. learner-centered methods; Off-line vs. online methods.
Evaluation systems: Elements and types of evaluation, evaluation in higher education, and grading system.

Research Aptitude:

Research: Meaning, types, and characteristics.
Steps of research.
Methods of research.
Research Ethics.

Reading Comprehension:

Comprehension passages.

Communication:

Communication: Nature, characteristics, types, barriers, and effective communication.
Verbal and non-verbal communication.
Classroom communication.

Logical Reasoning:

Understanding the structure of arguments.
Evaluating and distinguishing deductive and inductive reasoning.
Verbal analogies.

Data Interpretation:

Sources, acquisition, and interpretation of data.
Quantitative and qualitative data.
Graphical representation and mapping of data.

Paper 2 Syllabus:

Nta Ugc Net Economics Syllabus 2023 in English

Here you can check the latest UGC NET Syllabus For Economics Paper II 2021 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

Paper 2 Syllabus Download Pdf:

Ugc Net Economics Syllabus 2023 in English

Ugc Net Economics Syllabus 2023 in Hindi

Preparation Tips for UGC NET Economics Exam 2023:

Here are some tips for preparing for the UGC NET Economics exam 2023:

Understand the syllabus and exam pattern thoroughly.
Make a study plan

Refer to standard textbooks and study materials recommended for the exam.
Practice previous year question papers and mock tests.
Focus on time management and accuracy while attempting the questions.
Take regular breaks and maintain a healthy lifestyle to avoid burnout.
Join coaching classes or online courses if necessary.
Stay updated with current affairs related to the Economics field.

Important Points:

The UGC NET Economics exam is conducted by NTA for candidates who wish to pursue a career in Economics.
The exam assesses the candidates’ knowledge in the subject and tests their eligibility for lectureship and research fellowships.
The exam pattern of UGC NET Economics 2023 includes multiple-choice questions and is conducted in online mode.
The marking scheme of the exam is +2 for a correct answer and no negative marking for incorrect answers.
The duration of the exam is 3 hours, and the number of questions is 150.
The UGC NET Economics Syllabus 2023 PDF Download is an important document that provides a detailed outline of the topics that will be covered in the exam.
To download the syllabus, candidates can visit the official website of NTA and click on the link provided.
The syllabus is available in PDF format and can be downloaded for free.
The syllabus is divided into nine units, each covering a specific topic related to Economics.
To prepare for the exam, candidates must understand the syllabus, make a study plan, practice previous year question papers, join a coaching institute, take mock tests, and revise regularly.

FAQs:

Is there any negative marking in the UGC NET Economics exam 2023? Ans: No, there is no negative marking for incorrect answers.
Can I download the UGC NET Economics Syllabus 2023 PDF from the official website? Ans: Yes, the syllabus is available for download on the official website of NTA.
What is the duration of the UGC NET Economics exam 2023? Ans: The duration of each paper is 3 hours.

Also Check:

2022- Download ALL SUBJECT PAPER 2 PDF

All Year PYQ Paper 2nd With Ans [2012 To 2023]

Conclusion:

In conclusion, the UGC NET Economics exam 2023 is a crucial opportunity for aspirants who want to pursue a career in the teaching or research field. To crack the exam, it’s essential to have a clear understanding of the syllabus, exam pattern, and prepare accordingly. With a comprehensive understanding of the UGC NET Economics Syllabus 2023 PDF download and proper preparation, you can clear the exam with flying colors.