For more details, reach out to us at +91 9773890604
For more details, reach out to us at +91 9773890604

UPSC Economy

Economy offers insights into past economic developments and their influence on the present.

The UPSC Economy examination demands a comprehensive understanding of economic principles, policies, and their implications. Candidates should be adept at analyzing economic trends, interpreting data, and evaluating the impact of government policies on economic growth. The examination often includes questions related to sectors such as agriculture, industry, and services, as well as macroeconomic indicators like GDP, inflation, and unemployment. Additionally, a thorough grasp of international trade, fiscal and monetary policies, and economic reforms is crucial for success in the UPSC Economy paper.

Our UPSC Economy Course is meticulously designed to

  • Equip aspirants with a deep understanding of economic concepts and their application in the context of the UPSC examination.
  • The course covers a wide range of topics, including economic theories, government policies, and their impact on various sectors.
  • Special emphasis is placed on current economic issues and their relevance to India's growth trajectory.
  • Through interactive lectures, case studies, and real-world examples, candidates will develop analytical skills essential for tackling UPSC Economy questions.
  • The course also provides comprehensive class notes and practice tests to ensure thorough preparation and confidence for the UPSC Economy paper.
  • The course also covers Advanced Concepts through Sessions dedicated to Question-Answer Solving.
  • Happy Hours - Fun Saturday Sessions:

    • Engaging and interactive "Happy Hours" sessions on Saturdays, injecting an element of enjoyment into the learning process. These sessions are designed to make the study routine both fun and effective.
  • Solved PYQ Booklet (PDF):

    • Access to a comprehensive booklet containing solved Previous Year Questions (PYQs) to familiarize candidates with the exam pattern and provide insights into effective answering techniques.

Please NOTE - Happy Hours, Class Synopsis & LIVE Classes are NOT valid on the Self-Study Program!

 

2

Mains Tests

2

Prelims Tests

30+

Foundation Classes

10+

Advanced Classes

Economy offers insights into past economic developments and their influence on the present.

The UPSC Economy examination demands a comprehensive understanding of economic principles, policies, and their implications. Candidates should be adept at analyzing economic trends, interpreting data, and evaluating the impact of government policies on economic growth. The examination often includes questions related to sectors such as agriculture, industry, and services, as well as macroeconomic indicators like GDP, inflation, and unemployment. Additionally, a thorough grasp of international trade, fiscal and monetary policies, and economic reforms is crucial for success in the UPSC Economy paper.

Our UPSC Economy Course is meticulously designed to

  • Equip aspirants with a deep understanding of economic concepts and their application in the context of the UPSC examination.
  • The course covers a wide range of topics, including economic theories, government policies, and their impact on various sectors.
  • Special emphasis is placed on current economic issues and their relevance to India's growth trajectory.
  • Through interactive lectures, case studies, and real-world examples, candidates will develop analytical skills essential for tackling UPSC Economy questions.
  • The course also provides comprehensive class notes and practice tests to ensure thorough preparation and confidence for the UPSC Economy paper.
  • The course also covers Advanced Concepts through Sessions dedicated to Question-Answer Solving.
  • Happy Hours - Fun Saturday Sessions:

    • Engaging and interactive "Happy Hours" sessions on Saturdays, injecting an element of enjoyment into the learning process. These sessions are designed to make the study routine both fun and effective.
  • Solved PYQ Booklet (PDF):

    • Access to a comprehensive booklet containing solved Previous Year Questions (PYQs) to familiarize candidates with the exam pattern and provide insights into effective answering techniques.

Please NOTE - Happy Hours, Class Synopsis & LIVE Classes are NOT valid on the Self-Study Program!

 

Self Study

Select batch to enroll
  • 30+ Foundation Classes
  • 10+ Advanced Classes
  • Complete comprehensive coverage of the module from basics to advanced level study.
  • 2 Prelims and 2 Mains sectional tests
  • Solved PYQs for Prelims and Mains
  • Well-designed pedagogy with focus on important topics and PYPs.
23% OFF

UPSC Economy - Self-Study

Full Course Fee: ₹9,999 ₹12,999
Enquire about the UPSC Economy Modular Course!

Enquire about the UPSC Economy Modular Course!

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Free Resources

UPSC Economy Solved Mains PYQs

Sample PDF

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Economy Foundation Mains

Sample PDF

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UPSC Economy Syllabus

The UPSC Exam syllabus places significant emphasis on the economy, a pivotal subject encompassing areas such as Economics and Indian Economy. Although these terms are commonly used, the more precise phrase for this domain is "Economic and Social Development." This designation accurately captures the broader scope, addressing aspects like sustainable development and poverty alleviation. The Economy syllabus for both Prelims and Mains comprehensively explores economic and social factors influencing development, as well as aspects such as planning, resource utilization, and diverse sectors of the economy.

Economics Syllabus for UPSC Prelims

The economics segment of the Prelims Syllabus is officially termed Economic and Social Development. It covers the following key topics:

  1. Development in sustainable ways
  2. Poverty and its alleviation
  3. Inclusive growth
  4. Demographics of India
  5. Initiatives in the social sector
  6. Government schemes

Economics Syllabus for UPSC Mains

The UPSC Mains syllabus for Economics can be categorized into two parts:

  1. Economics for IAS General Studies
  2. Economics Optional Syllabus

While these two parts exhibit a significant overlap, they have distinct areas of focus. Let's delve into the economics covered under general studies. This part encompasses the following topics:

  1. Indian Economy and issues related to economic planning, resource use, resource mobilization, growth of the economy, and employment data.
  2. Inclusive growth and issues associated with inclusive growth.
  3. Government budgeting.
  4. Major crops of India and important cropping patterns used in various parts of India.
  5. Different kinds of irrigation and systems in use such as canals and surface irrigation, drip irrigation, etc.
  6. Issues related to marketing and transport of agricultural produce and constraints.
  7. e-Technology to help farmers.
  8. Direct and indirect farm subsidies and related issues.
  9. Minimum support price.
  10. Public Distribution System (PDS):
    • Objectives and importance.
    • Functions of PDS.
    • Advantages and disadvantages of PDS and its limitations.
    • Revamping and reorganization of the system.
    • Issues of buffer stocks and food security.
    • Technology missions related to food security.
  11. Economics of rearing animals on farms.
  12. Food processing industries and related industries in India:
    • Significance of these industries and their scope.
    • Location, upstream and downstream requirements of food processing and related industries.
    • Supply chain management.
  13. Land reforms in India.
  14. Liberalization and its effects on Indian industry.
  15. Changes in industrial policy.
  16. Effects of these changes on the growth of industry.
  17. Infrastructure: Railways, Airports, Roads and Waterways, storage facilities, etc.
  18. Models of investment.

 

Key Highlights

Complete Syllabus Coverage with Advanced Concepts
Complete Syllabus Coverage with Advanced Concepts
Complete coverage of Union Budget and Economic Survey
Complete coverage of Union Budget and Economic Survey
Focus on advanced, applied and current-affairs linkage to the syllabus
Focus on advanced, applied and current-affairs linkage to the syllabus
Complete conceptual coverage of GS - Economy module
Complete conceptual coverage of GS - Economy module

Demo Class Videos

Demo Video - UPSC Economy
Demo Video - UPSC Economy
Demo Video - UPSC Economy
Demo Video - UPSC Economy

Related Tags

Enquire about the UPSC Economy Modular Course!

Enquire about the UPSC Economy Modular Course!

Preferred time to call

Related Courses

FAQs on Economy for UPSC Preparation

What is an economy UPSC?

Economics in the context of UPSC refers to the study of how society allocates scarce resources like land, labor, capital, and entrepreneurship to produce goods and services.

Which economy is important for UPSC?

The Indian economy is crucial for UPSC preparation. The syllabus includes aspects such as planning, resource mobilization, growth, development, employment, government budgeting, cropping patterns, and more related to the Indian economic scenario.

How can I start UPSC economy?

To start UPSC economy preparation, determine the best resources, build a framework, and stay current while developing a conceptual understanding of economic concepts.

Is Ramesh Singh enough for economy?

Yes, Ramesh Singh's book on Indian Economy is considered sufficient for UPSC Prelims preparation. However, it is advisable to refer to other important economics books for UPSC Mains.

Who is the father of economics?

Adam Smith is often regarded as the father of Economics.

Is NCERT Economics enough for UPSC?

For UPSC Economics preparation, class 9 to 12 NCERT books can be ideal. However, familiarity with the subject might make focusing on class 11 and some chapters in class 12 sufficient.

Is UPSC economics tough?

UPSC Prelims Economics questions vary in difficulty, ranging from moderate to tough. The focus areas include economic growth, development, and trending news related to the economy. If you feel Economics is tough, our UPSC Economy Modular Course might just help you with your preparations!

What is national income UPSC?

National Income refers to the total value of final goods and services produced by normal residents during an accounting year, adjusting for depreciation. It is Net National Product (NNP) at Factor Cost (FC), excluding taxes, depreciation, and non-factor inputs.

What is the demand of UPSC?

UPSC demands adaptability and flexibility. In examinations, especially the Main Examination, candidates are evaluated on their ability to express ideas clearly and concisely in writing.

Can I do UPSC without economics?

Economics is an integral part of the UPSC syllabus, both in the prelims and mains. It is also offered as an optional subject in the UPSC mains papers.

Which NCERT is best for economics?

The recommended NCERT textbooks for IAS aspirants in Economics are Class IX – Economics, Class X – Understanding Economic Development, Class XI – Indian Economic Development, and Class XII – Introductory Microeconomics.

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