NTA UGC NET SYLLABUS For Economics/Rural Economics/Co-operation/Demography/Development Planning/Development Studies/Econometrics/Applied Economics/Development Eco./Business Economics
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 its 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
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