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UPSC IAS Prelims Exam : Economics Syllabus Explained

Sep 8, 2015 18:43 IST

    Union Public Service Commission has mentioned only Economic and Social Development – Sustainable Development, Poverty, Inclusion, Demographics, Social Sector initiatives, etc. for the Civil Services Prelims Exam. But this does not exactly explain syllabus of Economics and its large number of concepts and various areas which required to be covered.It only defines the outline of the Syllabus.

    See Here the IAS Prelims Exam Detail Geography Syllabus

    The candidates must know that there are various other things which are required to be prepared for the Economy section of IAS Prelims Syllabus.  We are providing contour of Economy Syllabus so that the candidates can develop the approach towards the Economy.
    Development and Economics

    To understand the basic concept of economy

    many definition of Economics

    scarcity definition of Economics

    Alternative uses of resources

    Resource Transfer

    Distributive effects

    Difference between Macro and Micro Economic Policy

    Micro Macro Balance

    To understanding progress through data

    Distributive impact of the various Economic Policies

    Growth Vs development

    Determinant of growth and development-

    Some important concepts

    HPI /MPI , PQLI ,HDI, GDI/GII,GEM, TAI, Green Index

    Concept of sustainable development : need, instruments and issues

    The source of progress, and India`s  rank in the above mentioned indices


    Definition, causes and distribution-deprivation,

    income vs. calories concept,

    World bank definition

    Measurement of poverty-Tendulkar committee

    Status of poverty- Global and Indian States

    Poverty eradication programmes

    Poverty and resource policy

    Tribal rights, Right to food, right to dignified life

    Livelihood mission-both rural and urban


    Definition, relevance for the individual and society

    Type of inclusion –social political, economic including financial

    Dimension of the financial inclusion

    Recent initiatives regarding the promotion of the financial inclusion

    PMJDY, Atal Pension Yojana, and other initiatives

    Demographics dividend

    Census 2011 and deviations from earlier census

    Population by gender (Total and sex ratio)

    Population by state (ordering)

    By age group
      Socio economic status
      caste composition
      literacy level, and household facilities like drinking water, sanitation, health status, homeless people

    Energy uses and price of energy

    Trends in human development-interstate comparisons like North and South divide

    Fiscal Policy

    Definition, component


    Revenue Account and Capital Account

    Revenue- Tax and Non Tax ,

    Tax Revenue includes Direct and Indirect Taxes

    Expenditure –Planned and Non Planned

    Budget –Type, process (preparation ) and legislative process

    Social issues

    Financing Health policy

    Education policy

    Sanitation drive

    Drinking water

    Social Security

    Infrastructure Policy especially telecommunication, energy, transport

    International trade- composition, direction and issues

    Recent regional cooperation

    Issues of the Current importance

    Rationalization of MNERGS,

    Innovations in Micro Small and Medium Enterprises(MSME)-

    Skill India

    Make in India

    Industrial corridors

    Land acquisitions

    14th Finance Commission

    Centre State financial relation,

    NITI Ayog

    Black money

    Insurance Bill etc

    DBT (Direct Benefit Transfer)

    Debroy committee on railway infrastructure and governance

    International treaty and organisations (WTO, G-20, G-8, ADB, World Bank) Look towards and act towards East

    Indo China, Indo- Pak, Indo-Bangladesh Policy

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