CUET PG Economics Syllabus 2024: List of Important Topics, Prep Tips

Reader's Digest: Have you decided to take admission into the top university to study your favourite MA in Economics? If yes, read this blog on CUET PG Economics Syllabus to know the list of important subjects and a direct link to download the PDF. 

The National Testing Agency (NTA) released the CUET PG Economics syllabus, providing vital information for students preparing to sit for the CUET PG 2024 Exam.

The official notification outlines the comprehensive Economics syllabus, covering chapters, topics, and sub-topics in detail to ensure students don't overlook any crucial areas.

Understanding the exam pattern for CUET PG 2024 is equally essential, allowing students to devise a well-rounded preparation strategy. Mark your calendars, as the CUET PG 2024 Exam is scheduled from March 11 to March 28, 2024.

Here is a sneak peek of the topics to be discussed in this blog:

• Official CUET PG Economics Syllabus 2024: Dive into the details of the syllabus, covering key topics and subjects outlined by the National Testing Agency (NTA).
• CUET PG Economics Preparation Tips: Discover effective strategies and techniques to streamline your preparation and maximize your chances of success.
• CUET PG Economics Exam Pattern: Understand the format and structure of the CUET PG Economics exam, including the number of questions, duration, and marking scheme

Download FREE Study Material for CUET PG by SuperGrads

Official CUET PG Economics Syllabus 2024 (COQP10)

Refer to the syllabus of CUET PG Economics:

Micro Economics:

• Consumer Theory or Behavior: Demand, Utility, Indifference Curve, Revealed Preference Theory, Consumer Surplus
• Production Theory: Production Function, Law of Variable Proportions, Returns to Scale, Cost Function, types and concepts
• Price and Output Determination in Market: Perfect and Imperfect Competition(Monopoly, Price Discrimination, Monopolistic, Duopoly and Oligopoly models) General Equilibrium, Efficiency and Welfare: Equilibrium and efficiency under pure exchange and production; overall efficiency and welfare economics, externality

Macro Economics:

• National Income Accounting
• Income and Output Determination: Aggregate Demand and Aggregate Supply, Effective Demand Principle, Classical and Keynesian Theory

Money and Inflation:

• Demand and Supply of Money, Money Multiplier and High-Powered Money, Credit Creation, Role of Reserve Bank of India and Commercial Banks, Quantitative Theories of Money, Philip’s Curve
• Monetary and Fiscal Policy of India and its role.

Consumption and Investment Function:

• Permanent, Relative and Life Cycle Hypothesis, determinants of business fixed investment; residential investment and inventory investment, Multiplier and Accelerator
• Open Economy Models: Mundell and Fleming Model (IS, LM and BP curve), Balance of Payments, exchange rate determination, Purchasing Power Parity
• Economic Growth: Harrod-Domra Model, Solow Model

Statistical Methods in Economics:

• Mean, Mode, Median, Dispersion, Skewness, Quartile Deviation, Average Deviation, Standard Deviation
• Correlation
• Simple Regression Model Probability Distribution Sampling

Mathematical Methods in Economics:

• Sets and Vector
• Functions of one and several real variables Single and Multi-variable optimization Integration of functions
• Difference equations
• Determinants Matrix
• Linear Programming Probability
• Differential Equations

Indian Economy:

Overview of the colonial economy:

• Macro Trends: National Income; population; occupational structure.
• Agriculture: Agrarian structure and land relations; agricultural markets and institutions – credit, commerce and technology; trends in performance and productivity; famines.
• Railways and Industry: Railways; the de-industrialization debate; evolution of entrepreneurial and industrial structure; nature of industrialization in the interwar period; constraints to industrial breakthrough; labor relations.
• Economy and State in the Imperial Context
• The imperial priorities and the Indian economy; drain of wealth; international trade, capital
• Flows and the colonial economy – changes and continuities; government and fiscal policy.
• New Economic Policy:
• Public Economics: Public and Private Goods, Externalities, Budget, Deficits, Public Debt, Fiscal Federalism in India
• Taxation: its economic effects; dead weight loss and distortion, efficiency and equity considerations, tax incidence, optimal taxation.
• International Trade Theories: Adam Smith, Ricardo, Heckscher-Ohlin model and NewTrade Theories

Read More: CUET PG Previous Year Question Paper

Direct Link to Download CUET PG Economics Syllabus PDF

Looking for the CUET PG Economics Syllabus in PDF format? Your search ends here! In this article, we provide you with a direct link to download the CUET PG Economics Syllabus PDF, simplifying your exam preparation.

Download CUET PG Economics Syllabus PDF

CUET PG Economics Exam Pattern

Refer to the CUET PG Exam Pattern:

• There will be one Question Paper, which will have 100 questions.
• All questions will be compulsory.
• The Question Paper will have two Parts i.e. Part A and Part B.
• Part A will have 25 questions based on Language Comprehension/Verbal Ability, General Awareness, Mathematical/Quantitative ability and Analytical Skills.
• Part B will have 75 questions based on Subject-Specific Knowledge.

CUET PG Economics Preparation Tips

If you're gearing up for the CUET PG 2024 entrance exam in Economics, a well-structured preparation plan is key to success. These CUET PG preparation strategies will not only familiarize you with the exam but also enhance your performance:

1. Know Your Syllabus: Understanding the CUET PG 2024 Economics syllabus is fundamental. Dive into the topics specified for the entrance exam, prioritize key areas, and conduct an in-depth study.

2. Follow the Exam Pattern: Get acquainted with the exam pattern. This knowledge will provide insights into section-wise topics and question types, reducing uncertainty and boosting confidence.

3. Master Time Management: Time management is crucial; you have only 120 minutes to tackle 100 questions. Practice with mock tests to refine your time management skills and avoid dwelling on unfamiliar questions.

4. Analyze Your Performance: Evaluate your progress by solving the previous year's test papers and mock questions. Identifying your strengths and weaknesses through sample tests helps you focus on areas needing improvement. This method enables you to track your growth and compare past performance with your present efforts

Conclusion

As you embark on your journey to pursue a Master's in Economics at a top university, understanding the CUET PG Economics Syllabus is essential. This blog has provided you with a comprehensive guide, including the syllabus details, preparation tips, and exam patterns.

Additionally, we've simplified your access to the official CUET PG Economics Syllabus PDF, making your preparation more efficient and effective. Now, you're well-equipped to dive into your studies and ace the CUET PG 2024 entrance exam.

Key Takeaways:

• Thoroughly grasp the official CUET PG Economics Syllabus 2024.
• Utilize preparation tips and strategies to enhance your exam readiness.
• Familiarize yourself with the CUET PG Economics Exam Pattern.
• Download the CUET PG Economics Syllabus PDF directly from the provided link for convenient reference.
• Master time management skills and practice with mock tests.
• Evaluate your performance through previous year's test papers to identify areas for improvement