{"id":2703,"date":"2019-01-04T05:58:24","date_gmt":"2019-01-04T05:58:24","guid":{"rendered":"https:\/\/www.mysarkarinaukri.com\/info\/?p=2703"},"modified":"2021-05-05T10:01:08","modified_gmt":"2021-05-05T10:01:08","slug":"upsc-economics-syllabus","status":"publish","type":"post","link":"https:\/\/www.mysarkarinaukri.com\/info\/upsc-economics-syllabus\/","title":{"rendered":"UPSC Economics Syllabus For Optional Subject (Paper I\/II)"},"content":{"rendered":"\n

UPSC Economics Optional Syllabus: <\/strong><\/h2>\n\n\n\n

Part-I<\/strong><\/p>\n\n\n\n

Advanced Micro Economics<\/strong><\/p>\n\n\n\n

  1. Marshallian and Walrasiam Approaches to Price determination.<\/li>
  2. lternative Distribution Theories: Ricardo, Kaldor, Kaleeki<\/li>
  3. Markets Structure: Monopolistic Competition, Duopoly, Oligopoly.<\/li>
  4. Modern Welfare Criteria: Pareto Hicks & Scitovsky, Arrow\u2019s Impossibility Theorem, A.K. Sen\u2019s Social Welfare Function.<\/li><\/ol>\n\n\n\n

    Advance Macro Economics<\/strong><\/p>\n\n\n\n

    • Approaches to Employment Income and Interest Rate determination:<\/li>
    • Classical, Keynes (IS-LM) curve, Neo classical synthesis and New classical, Theories of Interest Rate determination and Interest Rate Structure.<\/li><\/ul>\n\n\n\n

      Money \u2013 Banking and Finance<\/strong><\/p>\n\n\n\n

      1. Demand for and Supply of Money: Money Multiplier Quantity Theory of Money (Fisher, Pique and Friedman) and Keyne\u2019s Theory on Demand for Money, Goals and Instruments of Monetary Management in Closed and Open Economies.<\/li>
      2. Relation between the Central Bank and the Treasury. Proposal for ceiling on growth rate of money.<\/li>
      3. Public Finance and its Role in Market Economy: In stabilization of supply, allocation of resources and in distribution and development.<\/li>
      4. Sources of Govt. revenue, forms of Taxes and Subsidies, their incidence and effects.<\/li>
      5. Limits to taxation, loans, crowding-out effects and limits to borrowings. Public Expenditure and its effects.<\/li><\/ol>\n\n\n\n

        International Economics<\/strong><\/p>\n\n\n\n

        (a) Old and New Theories of International Trade<\/strong><\/p>\n\n\n\n

        • Comparative Advantage<\/li>
        • Terms of Trade and Offer Curve.<\/li>
        • Product Cycle and Strategic Trade Theories.<\/li>
        • Trade as an engine of growth and theories of under development in an open economy.<\/li><\/ul>\n\n\n\n

          (b) Forms of Protection: Tariff and quota.<\/strong><\/p>\n\n\n\n

          (c) Balance of Payments Adjustments: Alternative Approaches.<\/strong><\/p>\n\n\n\n

          • Price versus income, income adjustments under fixed exchange rates,<\/li>
          • Theories of Policy Mix<\/li>
          • Exchange rate adjustments under capital mobility<\/li>
          • Floating Rates and their Implications for Developing Countries: Currency Boards.<\/li>
          • Trade Policy and Developing Countries.<\/li>
          • BOP, adjustments and Policy Coordination in open economy macro-model.<\/li>
          • Speculative attacks<\/li>
          • Trade Blocks and Monetary Unions.<\/li>
          • WTO: TRIMS, TRIPS, Domestic Measures, Different Rounds of WTO talks.<\/li><\/ul>\n\n\n\n

            Growth and Development<\/strong><\/p>\n\n\n\n

            A<\/td>      i.        Theories of growth: Harrod\u2019s model,     ii.        Lewis model of development with surplus labour    iii.        Balanced and Unbalanced growth,   iv.        Human Capital and Economic Growth.    v.        Research and Development and Economic Growth<\/td><\/tr>
            B<\/td>Process of Economic Development of Less developed countries: Myrdal and Kuzments on economic development and structural change: Role of Agriculture in Economic Development of less developed countries.<\/td><\/tr>
            C<\/td>Economic development and International Trade and Investment, Role of Multinationals.<\/td><\/tr>
            D<\/td>Planning and Economic Development: changing role of Markets and Planning, PrivatePublic Partnership<\/td><\/tr>
            E<\/td>Welfare indicators and measures of growth \u2013 Human Development Indices. The basic needs approach.<\/td><\/tr>
            F<\/td>Development and Environmental Sustainability \u2013 Renewable and Non Renewable Resources, Environmental Degradation, Intergenerational equity development.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

            UPSC Economics Syllabus : Part-II<\/strong><\/h3>\n\n\n\n

            Indian Economy in PreIndependence Era<\/p>\n\n\n\n

            1. Land System and its changes, Commercialization of agriculture, Drain theory, Laissez faire theory and critique.<\/li>
            2. Manufacture and Transport: Jute, Cotton, Railways, Money and Credit.<\/li><\/ol>\n\n\n\n

              Indian Economy after Independence<\/strong><\/p>\n\n\n\n

              The Pre Liberalization Era:<\/p>\n\n\n\n

              1. Contribution of Vakil, Gadgil and V.K.R.V. Rao.<\/li>
              2. Agriculture: Land Reforms and land tenure system, Green Revolution and capital formation in agriculture,<\/li>
              3. Industry Trends in composition and growth, Role of public and private sector, Small scale and cottage industries.<\/li>
              4. National and Per capita income: patterns, trends, aggregate and Sectoral composition and changes theirin.<\/li>
              5. Broad factors determining National Income and distribution, Measures of poverty, Trends in poverty and inequality.<\/li><\/ol>\n\n\n\n

                The Post Liberalization Era:<\/strong><\/p>\n\n\n\n

                1. New Economic Reform and Agriculture: Agriculture and WTO, Food processing, Subsidies, Agricultural prices and public distribution system, Impact of public expenditure on agricultural growth.<\/li>
                2. New Economic Policy and Industry: Strategy of industrialization, Privatization, Disinvestments, Role of foreign direct investment and multinationals.<\/li>
                3. New Economic Policy and Trade: Intellectual property rights: Implications of TRIPS, TRIMS, GATS and new EXIM policy.<\/li>
                4. New Exchange Rate Regime: Partial and full convertibility, Capital account convertibility.<\/li>
                5. New Economic Policy and Public Finance: Fiscal Responsibility Act, Twelfth Finance Commission and Fiscal Federalism and Fiscal Consolidation.<\/li>
                6. New Economic Policy and Monetary system. Role of RBI under the new regime.<\/li>
                7. Planning: From central Planning to indicative planning, Relation between planning and markets for growth and decentralized planning: 73rd and 74th Constitutional amendments.<\/li>
                8. New Economic Policy and Employment: Employment and poverty, Rural wages, Employment Generation, Poverty alleviation schemes, New Rural Employment Guarantee Scheme.<\/li><\/ol>\n\n\n\n

                  <\/p>\n","protected":false},"excerpt":{"rendered":"

                  UPSC Economics Optional Syllabus: Part-I Advanced Micro Economics Marshallian and Walrasiam Approaches to Price determination. lternative Distribution Theories: Ricardo, Kaldor, Kaleeki Markets Structure: Monopolistic Competition, Duopoly, Oligopoly. Modern Welfare Criteria: Pareto Hicks & Scitovsky, Arrow\u2019s Impossibility Theorem, A.K. Sen\u2019s Social Welfare Function. Advance Macro Economics Approaches to Employment Income and Interest Rate determination: Classical, Keynes […]<\/p>\n","protected":false},"author":5,"featured_media":15833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[],"class_list":["post-2703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-syllabus","entry"],"yoast_head":"\nUPSC Economics Syllabus For Optional Subject (Paper I\/II) - 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