UGC NET Economics Syllabus 2025: Download PDF Now!

What you should learn to become an economics teacher or researcher is outlined in the UGC NET Economics Syllabus. It covers matters like how money is used, how people purchase and sell goods, and how nations handle their natural resources. This gives pupils a straightforward and astute understanding of how the economy functions.

• All of the main subjects of economics are covered in the ten units that make up the syllabus.
• Money and banking, macroeconomics, and microeconomics are among the subjects covered.
• Public and international economics are also covered.
• The course syllabus includes Environmental Economics and Growth and Development Economics.
• One of the main areas of focus is the Indian economy and its growth after independence.
• For economic analysis, statistical and mathematical methods are also incorporated.
• It is necessary to have an understanding of economic theorists and schools of thinking.
• The UGC NET exam's Paper 2 syllabus consists of 100 questions for 200 points.
• Although the syllabus is largely the same every year, always check the internet for the most recent edition.
• The complete syllabus is available on the official NTA website in PDF format.

UGC NET Economics Important Qs

Theories Evidence and Problems: Demand for Money Notes

UGC NET Economics Syllabus 2025

Candidates who have pursued a degree in Economics at the Master’s level are eligible to choose Economics as their elective subject in the UGC NET Exam. The UGC NET Economics syllabus will be based on the postgraduate level syllabus of Economics. Before delving into the details of UGC NET JRF Economics Syllabus, let us quickly go through the paper pattern and key points about the exam below –

UGC NET Economics Syllabus 2025 Paper 2 (Subjects with bullet points already there in the content)

The UGC NET JRF Economics syllabus is comprehensive and consists of the following 10 modules with several sub-topics. This Economics syllabus for UGC NET is designed to assess the candidates' knowledge, critical thinking abilities, and analytical skills in the subject. The following are the important modules included in the UGC NET Economics syllabus –

• Micro Economics
• Macro Economics
• Statistics and Econometrics
• Mathematical Economics
• International Economics
• Public Economics
• Money and Banking
• Growth and Development Economics
• Environmental Economics and Demography
• Indian Economy

Now, let us go through unit-wise UGC NET Economics syllabus topics in detail below –

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
• General Equilibrium Analysis
• Factor Pricing
• Efficiency Criteria: Pareto-Optimality, Kaldor –Hicks and Wealth Maximization
• Asymmetric Information: Adverse Selection and Moral Hazard
• Welfare Economics: Fundamental Theorems, Social Welfare Function

Above are the topics of Unit 1 for UGC NET Paper 2 Economics Syllabus

Unit 2: Macro Economics

• Determination of output and employment: Classical & Keynesian Approach
• National Income: Concepts and Measurement
• Consumption Function
• Investment Function
• Multiplier and Accelerator
• Demand for Money
• Supply of Money
• IS-LM Model Approach
• Inflation and Phillips Curve Analysis
• Monetary and Fiscal Policy
• Business Cycles
• Rational Expectation Hypothesis and its critique

Above are the topics covered in Unit 2 for UGC NET Economics Syllabus

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
• Simultaneous Equation Models – recursive and non-recursive
• Identification Problem
• Discrete choice models
• Time Series Analysis

Above are the topics in Unit 3 for UGC NET Economics Syllabus

Unit 4: Mathematical Economics

• Linear Algebra –Matrices, Vector Spaces
• Input-Output Model, Linear Programming
• Sets, functions and continuity, sequence, series
• Differential Calculus and its Applications
• Static Optimization Problems and their applications
• Difference and Differential equations with applications

Above are the topics covered in Unit 4 for UGC NET code no. 1 Economics Syllabus

Unit 5: International Economics

• International Trade: Basic concepts and analytical tools
• Theories of International Trade
• Balance of Payments: Composition, Equilibrium and Disequilibrium and Adjustment Mechanisms
• International Trade under imperfect competition
• Exchange Rate: Concepts and Theories
• Foreign Exchange Market and Arbitrage
• Tariff and Non-Tariff barriers to trade; Dumping
• Gains from Trade, Terms of Trade, Trade Multiplier
• GATT, WTO and Regional Trade Blocks; Trade Policy Issues
• IMF & World Bank

Above are the topics in Unit 5 for UGC NET Code no. 1 Syllabus

Unit 6: Public Economics

• Market Failure And Remedial Measures: Asymmetric Information, Public Goods, Externality
• Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and non-Progressive Taxation, Incidence and Effects of Taxation
• Regulation of Market – Collusion and Consumers’ Welfare
• Public Budget and Budget Multiplier
• Fiscal Policy and its implications
• Public expenditure
• Public Debt and its management

Above are the topics of Unit 6 for UGC NET Economics Syllabus

Unit 7: Money and Banking

• Central Bank
• Commercial Banking
• Components of Money Supply
• Instruments and Working of Monetary Policy
• Capital Market and its Regulation
• Non-banking Financial Institutions

Above are the topics of Unit 7 for UGC NET Economics Syllabus

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

Above are the topics in Unit 8 for UGC NET Economics Syllabus.

Unit 9: Environmental Economics and Demography

• Environment as a Public Good
• Market Failure
• Coase Theorem
• Theories of Population
• Concepts and Measures: Fertility, Morbidity, Mortality
• Age Structure, Demographic Dividend
• Cost-Benefit Analysis and Compensation Criteria
• Valuation of Environmental Goods
• Migration
• Life Table

Above are the topics covered in Unit 9 for UGC NET Economics Syllabus.

Unit 10: Indian Economy

• Economic Growth in India: Pattern and Structure
• Agriculture: Pattern & Structure of Growth, Major Challenges, Policy Responses
• Services: Pattern & Structure of Growth, Major Challenges, Policy Responses
• Industry: Pattern & Structure of Growth, Major Challenges, Policy Responses
• Urban Development –Issues, Challenges and Policy Responses
• Rural Development –Issues, Challenges & Policy Responses
• Infrastructure Development: Physical and Social; Public-Private Partnerships
• Foreign Trade: Structure and Direction, BOP, Flow of Foreign Capital, Trade Policies
• Centre-State Financial Relations and Finance Commissions of India; FRBM
• Reforms in Land, Labour and Capital Markets
• Poverty, Inequality & Unemployment

Above are the topics in Unit 10 for UGC NET Economics Syllabus.

UGC NET Economics Syllabus PDF

All of the subjects you must study for the UGC NET Economics test are listed in the UGC NET Economics Syllabus PDF. It covers topics like how individuals make decisions, how nations handle their finances, and how to gauge economic expansion. This PDF can be downloaded from reliable websites to aid in your study and test-taking preparation.

Download UGC NET Economics Syllabus PDF in English

UGC NET Economics Syllabus in Hindi PDF

All of the subjects you need to learn for the economics test are covered in the UGC NET Economics Syllabus in Hindi PDF, which is written in Hindi. It covers concepts such as how money functions, how individuals and companies make decisions, and how the government supports the economy. If you wish to study in Hindi, you can obtain this PDF from reliable websites.

Download UGC NET Economics Syllabus PDF in Hindi

Marking Scheme of UGC NET Exam 

There are two papers on the UGC NET test that assess your subject and general knowledge. There are just multiple-choice questions on both tests, and each right response earns you two points with no deductions.

Best Books to Prepare UGC NET Economics Syllabus

To cover the UGC NET Paper 2 Economics Syllabus, it is essential to pick the right books for preparation. The following are some of the expert suggested readings that will help you study the Economics subject properly for the upcoming UGC NET exam –

Tips to Cover UGC NET Economics Syllabus

The UGC NET Economics syllabus is quite vast and covers both microeconomics and macroeconomics topics. It is important to have a systematic and focused approach while preparing. Some effective preparation tips to study Economics for UGC NET include –

• Understand the exam pattern and syllabus distribution first. Make note of important topics and allocate time accordingly.
• Read recommended books and refer to the NTA website for detailed syllabus. Books are the backbone for theory preparation.
• Make short summary notes of important concepts, theories and models. Add relevant diagrams and numeric examples.
• Solve as many previous year question papers as possible to get familiar with question patterns and level of difficulty.
• Leave sufficient time for practice. Attempt mock tests under exam conditions to check preparation level.
• Revise with the help of flashcards especially for definitions, formulas and short notes. Test recall regularly.
• Stay updated with current economic events and policies through newspapers and online resources. Knowledge of India's economic realities and priorities will be useful.
• Maintain a positive mindset. Believe in your abilities and preparation. Remain calm during the exam.

Go through UGC NET Exam Dates to be prepared with the complete Economics syllabus well in advance.

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