

{"id":83748,"date":"2020-10-14T09:00:23","date_gmt":"2020-10-14T03:30:23","guid":{"rendered":"https:\/\/data-flair.training\/blogs\/?p=83748"},"modified":"2021-04-04T16:41:36","modified_gmt":"2021-04-04T11:11:36","slug":"economics-for-upsc-syllabus-strategy","status":"publish","type":"post","link":"https:\/\/data-flair.training\/blogs\/economics-for-upsc-syllabus-strategy\/","title":{"rendered":"Syllabus and Strategy for Economics for UPSC Prelims, Mains and Optional"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Economics is a field of study which focuses on interactions of economic agents. It studies the behaviour and how the economies work. The UPSC Exam focuses on this academic discipline majorly. Economics is present for UPSC Prelims, UPSC Mains and as an UPSC Mains Optional Subject.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The subject syllabus overlaps in all three stages. The prelims have very basic economic questions while the mains have complex economic questions. And the optional gets to the roots of the economy of India and the World.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Union Public Service Commission is interested because of its relevance in contemporary society. The future IAS officer must know how to handle economic situations around them. And it is not possible to do that without knowing the subject.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus it is mandatory for all the candidates to study this subject for at least prelims and mains. This article will help understand the economics syllabus for prelims, mains and optional with strategy for each of them. Let us take a look at them to understand the subject and exam pattern better.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">UPSC Prelims Economics Syllabus &#8211; Detailed\u00a0<\/span><\/h2>\n<p><a href=\"https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Prelims-Economics-Syllabus.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-83752\" src=\"https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Prelims-Economics-Syllabus.jpg\" alt=\"UPSC Prelims Economics Syllabus\" width=\"1000\" height=\"800\" srcset=\"https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Prelims-Economics-Syllabus.jpg 1000w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Prelims-Economics-Syllabus-300x240.jpg 300w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Prelims-Economics-Syllabus-150x120.jpg 150w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Prelims-Economics-Syllabus-768x614.jpg 768w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Prelims-Economics-Syllabus-720x576.jpg 720w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Prelims-Economics-Syllabus-520x416.jpg 520w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Prelims-Economics-Syllabus-320x256.jpg 320w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/p>\n<h3><span style=\"font-weight: 400;\">Economic growth and development\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Basic concept and definition of economics<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Uses and transfer of resources<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Distributive effects\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Macro and micro economic policy\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Micro-macro balance<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Distributive impact of economic policies\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Development versus growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Determinant of growth and development<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Concepts such as MPI, HDI, PQLI, GEM, GDI, TAI, Green index\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sustainable development\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India\u2019s ranking in the various indices<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Poverty\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Definitions<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Causes\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Distribution-deprivation<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Income versus calories<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Measurement of poverty<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Status of poverty\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Eradication programmes\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Poverty and resource policy<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Tribal rights and issues<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Livelihood missions<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Inclusion<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Definition\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Relevance\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Types\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Financial inclusion\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Recent initiatives<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Demographics\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Census data<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Populations by gender and other criterias<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Trends in human development<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Interstate comparison<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Fiscal policy\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Definition<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Component\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Receipts<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Revenue and Capital account<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Tax revenue\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Expenditure\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Budget<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Social issues\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Financing health policy<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Education policy\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sanitation<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Drinking water<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Social security\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Infrastructure policy\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">International trade issues\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Regional cooperation<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Contemporary Economic Topics<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">MNERGS<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">MSMEs<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Make in India<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Industrial corridors<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">NITI Ayog<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Black money<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">International treaties and organisations<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India\u2019s policies with neighbours<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Study Material for UPSC Prelims Economics<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">These are some of the reference study material which aspirants can use for general studies paper II of UPSC Prelims<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Indian Economy by Ramesh Singh<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">EconomicPolicies in India by Jain &amp; Ohri<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">NCERT XI<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">UPSC Mains Economics Syllabus \/ GS III &#8211; Detailed\u00a0<\/span><\/h2>\n<p><a href=\"https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-83753\" src=\"https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus.jpg\" alt=\"UPSC Mains Economics Syllabus\" width=\"1200\" height=\"628\" srcset=\"https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus.jpg 1200w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus-300x157.jpg 300w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus-1024x536.jpg 1024w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus-150x79.jpg 150w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus-768x402.jpg 768w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus-720x377.jpg 720w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus-520x272.jpg 520w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/UPSC-Mains-Economics-Syllabus-320x167.jpg 320w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<h3><span style=\"font-weight: 400;\">Planning<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Definition and Need for Planning\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Imperative Vs. Indicative Vs. Structural Planning<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Objectives of Planning<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Indian Planning History<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Techniques of Indian Planning<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Achievements &amp; Failures of Indian Planning<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Shortcomings of Planning in India<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">NITI Aayog Vs. Planning Commission<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Mobilisation of Resources<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Types of Resources\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Need for Resource Mobilisation<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Role of Savings &amp; Investment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Government Resources\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Banking Sector &amp; NBFCs<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Capital Market<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">External Sources\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Public Borrowing &amp; Management of Public Debt<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Challenges in Mobilising Resources for Development<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Development &amp; Growth<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Difference &#8211; Development &amp; Growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Determinants of Growth &amp; Development<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Importance &amp; Limitations of Economic Growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Types of growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Dimensions of Development<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Measurement &amp; Indicators of Development<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Approaches to Development<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Challenges to Development &amp; Growth<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Employment<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Nature \u2013 Rural vs. Urban, Formal Vs. Informal<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Terms Related to Employment\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sectoral Distribution of Employment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Quality of Employment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Causes of Lack of Employment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Restructuring of Workforce<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Government Initiatives for Employment<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Inclusive Growth &amp; Issues Arising From It<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Definition and Elements of Inclusive Growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Need for Inclusive Growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Indicators of Inclusive Growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Challenges in Achieving Inclusive Growth in India<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">12th Fifth Year Plan &amp; Inclusive Growth<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Government Budgeting<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Need for Government Budgeting<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Components of the Government Budget<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Changes in Budgetary Process in 2017<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Measures of Government Deficit<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Deficit Reduction<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">FRBM Act<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Other Types of Budgets\u00a0<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Land Reforms in India<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Rationale for Land Reforms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Components of Land Reforms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Impact of Land Reforms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Problems in Implementation of Land Reforms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Success of Land Reforms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Recent Initiatives\u00a0<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Effects of Liberalization on the Economy<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Phase of Liberalisation<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Impact on Different Sectors of the Economy<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Industrial Policy &amp; Effects on Growth<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Industrial Policy Before 1991<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Industrial Policy After 1991<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Phases of Industrial Growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Linkage Between Economic Reforms and Economic Outcomes<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Weaknesses and Failures of Industrial Policies<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">National Manufacturing Policy<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">SEZs<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Make in India<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Infrastructure<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Energy<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Ports<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Roads<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Airports<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Railways<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Investment Models<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Need for Investment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sources of Investment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Types of Investment Models<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Investment Models Followed by India<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Strategy for UPSC Mains Economics &#8211; GS III<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">These are some of the reference study material which aspirants can use for general studies paper III of UPSC Mains.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">NCERT textbook classes X &#8211; XII<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Indian Economy by Ramesh Singh<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Indian Economy by Sanjeev Verma<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Union Ministry Official Websites<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Economic Survey of India<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Different Budgets of India and World<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Administrative Reforms Commissions Reports<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">PIB<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Newspapers &#8211; Economic Times, The Hindu, The Economist<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Magazines &#8211; Economic and Political Weekly, Yojana, Kurukshetra<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Syllabus for UPSC Mains Economics Optional &#8211; Detailed<\/span><\/h2>\n<p><a href=\"https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-83754\" src=\"https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional.jpg\" alt=\"Syllabus for UPSC Mains Economics Optional\" width=\"1200\" height=\"628\" srcset=\"https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional.jpg 1200w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional-300x157.jpg 300w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional-1024x536.jpg 1024w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional-150x79.jpg 150w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional-768x402.jpg 768w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional-720x377.jpg 720w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional-520x272.jpg 520w, https:\/\/data-flair.training\/blogs\/wp-content\/uploads\/sites\/2\/2020\/10\/Syllabus-for-UPSC-Mains-Economics-Optional-320x167.jpg 320w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<h3><span style=\"font-weight: 400;\">Advanced Microeconomics<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Marshallian and Walrasiam Approaches to Price determination.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Alternative Distribution Theories &#8211; Ricardo, Kaldor, Kaleeki<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Markets Structure &#8211; Monopolistic Competition, Duopoly, Oligopoly<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Modern Welfare Criteria\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Pareto Hicks &amp; Scitovsky\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Arrow&#8217;s Impossibility Theorem\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A.K. Sen&#8217;s Social Welfare Function<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Advanced Macroeconomics<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Approaches to Employment Income<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Interest Rate determination<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Classical, Keynes (IS-LM) curve<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Neo classical synthesis and New classical\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Theories of Interest Rate determination\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Interest Rate Structure<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Money &#8211; Banking and Finance<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Demand for and Supply of Money<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Money Multiplier Quantity Theory of Money\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Keynes&#8217;s Theory on Demand for Money<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Goals and Instruments of Monetary Management<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">\u00a0Relation between the Central Bank and the Treasury<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Proposal for ceiling on growth rate of money<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Public Finance and its Role in Market Economy<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Allocation of resources and in distribution and development<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sources of Govt. revenue<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Forms of Taxes and Subsidies<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Their incidence and effects\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Limits to taxation, loans and borrowings\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Public Expenditure and its effects<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">International Economics<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Old and New Theories of International Trade<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Comparative Advantage<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Terms of Trade and Offer Curve<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Product Cycle and Strategic Trade Theories<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Trade in an open economy<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Forms of Protection<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Tariff and quota<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Balance of Payments Adjustment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Price versus income<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Income adjustments under fixed exchange rates<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Theories of Policy Mix<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Exchange rate adjustments under capital mobility<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Floating Rates and their Implications for Developing Countries<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Trade Policy and Developing Countries<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">BOP, adjustments and Policy Coordination\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Speculative attacks<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Trade Blocks and Monetary Unions<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">WTO &#8211; TRIMS, TRIPS, Domestic Measures<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Different Rounds of WTO talks<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Growth and Development<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Theories of growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Lewis model of development with surplus labour<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Balanced and Unbalanced growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Human Capital and Economic Growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Research and Development and Economic Growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Process of Economic Development of Less developed countries<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Role of Agriculture in Economic<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Development of less developed countries<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Economic development and International Trade and Investment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Role of Multinationals<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Planning and Economic Development<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Welfare indicators and measures of growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Development and Environmental Sustainability\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Renewable and Non Renewable Resources<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Environmental Degradation<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Intergenerational equity development<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Indian Economy in PreIndependence Era<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Land System and its changes<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Commercialization of agriculture<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Drain theory<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Laissez faire theory and critique<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Manufacture and Transport\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Money and Credit<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">The Pre Liberalization Era<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Contribution of Vakil, Gadgil and V.K.R.V. Rao<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Agriculture &#8211; Land Reforms and land tenure system<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Green Revolution\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Capital formation in agriculture<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Industry Trends in composition and growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Role of public and private sector<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Small scale and cottage industries<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">National and Per capita income<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Broad factors determining National Income and distribution<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Measures of poverty<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Trends in poverty and inequality<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">The Post Liberalization Era<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Agriculture and WTO<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Food processing<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Subsidies<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Agricultural prices and public distribution system<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Impact of public expenditure on agricultural growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New Economic Policy and Industry<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Strategy of industrialization<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Privatization<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Disinvestments<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Role of foreign direct investment and multinationals<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New Economic Policy and Trade<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Intellectual property rights<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Implications of TRIPS, TRIMS, GATS<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New EXIM policy.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New Exchange Rate Regime<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Partial and full convertibility<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Capital account convertibility<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New Economic Policy and Public Finance<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fiscal Responsibility Act<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Twelfth Finance Commission\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fiscal Federalism and Fiscal Consolidation<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New Economic Policy and Monetary system<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Role of RBI under the new regime<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Planning<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">From central Planning to indicative planning<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Relation between planning and markets for growth<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New Economic Policy and Employment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Employment and poverty<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Rural wages<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Employment Generation<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Poverty alleviation schemes<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New Rural Employment Guarantee Scheme<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Strategy for UPSC Economics Optional Paper<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">These are some of the reference study material which aspirants can use for economics optional paper of UPSC Mains.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Indian Economy by Mishra-Puri and Dutt-Sundaram<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Economics of Development &amp; Planning by M. L. Jhingan<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">International Economics by H.G. Mannur<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">NCERT Class XI\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Public Finance by H.L. Bhatia<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Money and Banking by S.B.Gupta\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Macroeconomic Theory by M. L. Jhingan\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Macroeconomics NCERT book<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">PIB<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Newspapers<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Modern Banking by R.S. Sayers<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Monetary Theory and Public Policy by Kenneth Kurihara<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">National Income Accounting by Neethu<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Outline of Monetary Economics by A.C.I. Day<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Tips for UPSC Economics Optional Paper\u00a0<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Economics works on statistics and numbers. The best idea is to use graphs to justify all your answers.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The terms of economics are a bit confusing. In case of confusion avoid using proper terminology. It will completely change your answer.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There are many equations as well. Writing them is a great idea but only if they are correct. Prefer making graphs over them.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The numbers are important. Try using data and figures to justify your answer and prove your equation.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Use as many examples as possible. You can pick them up from real life situations as well.\u00a0<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Question Distribution in UPSC Economics Optional<\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<td><b>Topic<\/b><\/td>\n<td><b>Average Number of Questions<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Indian Economy<\/span><\/td>\n<td><span style=\"font-weight: 400;\">40 &#8211; 45<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Micro and Macro Economics<\/span><\/td>\n<td><span style=\"font-weight: 400;\">35 &#8211; 40<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">International Economics<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15 &#8211; 20<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Money, Banking &amp; Public Finance<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10 &#8211; 15<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Growth and Development<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Statistics<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7 &#8211; 10<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span style=\"font-weight: 400;\">Conclusion<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This article covered all aspects of economics for the UPSC examination. We saw the syllabus for prelims, mains and optional. In addition to this there are study materials suggested for each of these papers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And lastly tips for economics optional subject as that is more detail oriented. The idea is to prepare candidates for every part of the paper. This article will help you study a detailed syllabus for economics covering all the topics and sub topics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And this article is not for just economics students but for all UPSC aspirants. All the candidates must read the article to get a better idea of the subject.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economics is a field of study which focuses on interactions of economic agents. It studies the behaviour and how the economies work. The UPSC Exam focuses on this academic discipline majorly. Economics is present&#46;&#46;&#46;<\/p>\n","protected":false},"author":6,"featured_media":83751,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22945],"tags":[22564,23505,23508,23507,23506,23041],"class_list":["post-83748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-upsc","tag-competitive-exams","tag-economics-for-upsc","tag-economics-for-upsc-notes","tag-strategy-for-economics-for-upsc","tag-syllabus-of-economics-for-upsc","tag-upsc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Syllabus and Strategy for Economics for UPSC Prelims, Mains and Optional - DataFlair<\/title>\n<meta name=\"description\" content=\"Syllabus and Strategy for Economics for UPSC Prelims, Mains &amp; Optional. 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