UGC NET Economics Syllabus 2020: Check Paper-2 Chapter-wise Detailed Syllabus with Latest UGC NET 2020 Exam Pattern

NTA UGC NET 2020 Exam Pattern

Session

Paper

Number of Questions (All are compulsory)

Marks

Duration

Single (No break between Paper 1 & Paper 2)

I

50

100

3 Hours

II

100

200

Total

150

300

S. No

Micro Economics Chapters

1

Theory of Consumer Behaviour

2

Theory of Production and Costs

3

Decision making under uncertainty Attitude towards Risk

4

Game Theory – Non Cooperative games

5

Market Structures, competitive and non-competitive equilibria and their efficiency properties

6

Factor Pricing

7

General Equilibrium Analysis

8

Efficiency Criteria: Pareto-Optimality, Kaldor – Hicks and Wealth Maximization

9

Welfare Economics: Fundamental Theorems , Social Welfare Function

10

Asymmetric Information: Adverse Selection and Moral Hazard

S. No

Macro Economics Chapters

1

National Income: Concepts and Measurement

2

Determination of output and employment: Classical & Keynesian Approach

3

Consumption Function

4

Investment Function

5

Multiplier and Accelerator

6

Demand for Money

7

Supply of Money

8

IS – LM Model Approach

9

Inflation and Phillips Curve Analysis

10

Business Cycles

11

Monetary and Fiscal Policy

12

Rational Expectation Hypothesis and its critique

S. No

Statistics and Econometrics Chapters

1

Probability Theory: Concepts of probability, Distributions, Moments, Central Limit theorem

2

Descriptive Statistics – Measures of Central tendency & dispersions, Correlation, Index Numbers

3

Sampling methods & Sampling Distribution

4

Statistical Inferences, Hypothesis testing

5

Linear Regression Models and their properties – BLUE

6

Identification Problem

7

Simultaneous Equation Models – recursive and non-recursive

8

Discrete choice models

9

Time Series Analysis

S. No

Mathematical Economics Chapters

1

Sets, functions and continuity, sequence, series

2

Differential Calculus and its Applications

3

Linear Algebra – Matrices, Vector Spaces

4

Static Optimization Problems and their applications

5

Input-Output Model, Linear Programming

6

Difference and Differential equations with applications

S. No

International Economics Chapters

1

International Trade: Basic concepts and analytical tools

2

Theories of International Trade

3

International Trade under imperfect competition

4

Balance of Payments: Composition, Equilibrium and Disequilibrium and Adjustment Mechanisms

5

Exchange Rate: Concepts and Theories

6

Foreign Exchange Market and Arbitrage

7

Gains from Trade, Terms of Trade, Trade Multiplier

8

Tariff and Non-Tariff barriers to trade; Dumping

9

GATT, WTO and Regional Trade Blocks; Trade Policy Issues

10

IMF & World Bank

S. No

Public Economics Chapters

1

Market Failure and Remedial Measures: Asymmetric Information, Public Goods, Externality

2

Regulation of Market – Collusion and Consumers’ Welfare

3

Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and non-Progressive Taxation, Incidence and Effects of Taxation

4

Public expenditure

5

Public Debt and its management

6

Public Budget and Budget Multiplier

7

Fiscal Policy and its implications

S. No

Money and Banking Chapters

1

Components of Money Supply

2

Central Bank

3

Commercial Banking

4

Instruments and Working of Monetary Policy

5

Non-banking Financial Institutions

6

Capital Market and its Regulation

S. No

Growth and Development Economics Chapters

1

Economic Growth and Economic Development

2

Theories of Economic Development: Adam Smith, Ricardo, Marx, Schumpeter, Rostow, Balanced & Unbalanced growth, Big Push approach

3

Models of Economic Growth: Harrod-Domar, Solow, Robinson, Kaldor

4

Technical progress – Disembodied & embodied; endogenous growth

5

Indicators of Economic Development: PQLI, HDI, SDGs

6

Poverty and Inequalities – Concepts and Measurement

7

Social Sector Development: Health, Education, Gender

S. No

Environmental Economics and Demography Chapters

1

Environment as a Public Good

2

Market Failure

3

Coase Theorem

4

Cost-Benefit Analysis and Compensation Criteria

5

Valuation of Environmental Goods

6

Theories of Population

7

Concepts and Measures: Fertility, Morbidity, Mortality

8

Age Structure, Demographic Dividend

9

Life Table

10

Migration

S. No

Indian Economy Chapters

1

Economic Growth in India: Pattern and Structure

2

Agriculture: Pattern & Structure of Growth, Major Challenges, Policy Responses

3

Industry: Pattern & Structure of Growth, Major Challenges, Policy Responses

4

Services: Pattern & Structure of Growth, Major Challenges, Policy Responses

5

Rural Development – Issues, Challenges & Policy Responses

6

Urban Development – Issues, Challenges and Policy Responses

7

Foreign Trade: Structure and Direction, BOP, Flow of Foreign Capital, Trade Policies

8

Infrastructure Development: Physical and Social; Public-Private Partnerships

9

Reforms in Land, Labour and Capital Markets

10

Centre-State Financial Relations and Finance Commissions of India; FRBM

11

Poverty, Inequality & Unemployment

NTA UGC NET June 2020 Exam Paper-I Exam Pattern

Part

Sections

Approx. Questions/Marks

I

Teaching Aptitude

5/10

II

Research Aptitude

5/10

III

Reading Comprehension

5/10

IV

Communication

5/10

V

Reasoning (including Maths)

5/10

VI

Logical Reasoning

5/10

VII

Data Interpretation

5/10

VIII

Information & Communication Technology (ICT)

5/10

IX

People & Environment

5/10

X

Higher Education System: Governance, Polity & Administration

5/10

Total

50/100