UPSC IAS Prelims Exam : Economics Syllabus Explained

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

Poverty

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

Inclusion

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
  religion,
  gender
  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

Receipts

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

14^th 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