MP SET Economics Syllabus MP SLET PSC Economics Syllabus Assistant Professor | MP PSC Syllabus Economics Asst Professor अर्थशास्त्र
In the MPPSC assistant professor vacancy for Economics subjects following topics covered by MPPSC Exam board. For more clarification please also refer official website of MPPSC.
Economics [CODE No. – 04]
There will be two question papers, Paper-II and Paper – III [Parts – A (Core Group) & B
(Elective/ Optional)]
The Paper – II will cover 50 Objective Type Questions & all compulsory. Each question
will carry two marks. Total marks of Paper – II will be 100.
The Paper – III [Parts – A (Core Group) & B (Elective/ Optional)] will have 75 Multiple
Type Questions (Multiple Choice, Matching Type, True/False, Assertion-Reasoning Type)
and all compulsory. Each question will carry two marks. Total marks of Paper – III will be
150.
Economics [CODE No. – 04]
- Click to >> Download MP SET First paper Syllabus
There will be two question papers, Paper-II and Paper – III [Parts – A (Core Group) & B
(Elective/ Optional)]
The Paper – II will cover 50 Objective Type Questions & all compulsory. Each question
will carry two marks. Total marks of Paper – II will be 100.
The Paper – III [Parts – A (Core Group) & B (Elective/ Optional)] will have 75 Multiple
Type Questions (Multiple Choice, Matching Type, True/False, Assertion-Reasoning Type)
and all compulsory. Each question will carry two marks. Total marks of Paper – III will be
150.
- Demand Analysis – Marshallian, Hicksian and Revealed preference
approaches.
- Theory of Production and Costs.
- Pricing and output under different forms of market structure.
- Factor Pricing analysis.
- Elements of general equilibrium and new welfare economics.
2.
Macro – Economic Analysis
- Determination of output and employment – Classical approach, Keynesian
approach, Consumption hypotheses.
- Demand for Money – Fisher and Cambridge versions, Approaches of
Keynesian, Friedman, Patinkin, Baumol and Tobin.
- Supply of Money, Determinants of money supply, High – powered money,
Money multiplier.
- Phillips Curve analysis.
- Business cycles – Models of Samuelson, Hicks and Kaldor.
- Macro – economic Equilibrium – Relative roles of monetary and fiscal
policies
3. Development and Planning
- Economic Growth, Economic Development and sustainable Development –
Importance of institutions – Government and markets – Perpetuation of
underdevelopment – Vicious circle of poverty, circular causation,
structural view of underdevelopment – Measurement of development
conventional, HDI and quality of life indices.
- Theories of Development – Classical, Marx and Schumpeter; Economic
Growth – Harrod – Domar model, instability of equilibrium, Neoclassical
growth – Solow’s model, steady state growth. Approaches to development :
Balanced growth, critical minimum effort, big push, unlimited supply of
labour, unbalanced growth, low income equilibrium trap.
- Indicators and measurement of poverty.
- Importance of agriculture and industry in economic development –
choice of techniques and appropriate technology – Investment criteria –
Elementary idea of cost – benefit analysis.
- Trade and Aid – International trade as ‘engine of growth’ –
Globalization and LDC’s Objectives and role of monetary and fiscal policies
in economic development Techniques of planning; Plan Models in India;
planning in a market – oriented economy.
4.
Public Finance
- Role of the Government in Economic activity – Allocation, distribution
and stabilization functions; Private, Public and Merit goods.
- The Public Budgets – Kinds of Budgets, Zero – base budgeting,
different concepts of budget deficits; Budgets of the Union Government in
India Public Expenditure – Hypotheses; effects and evaluation.
- Public Revenue – Different approaches to the division of tax burden,
incidence and effects of taxation; elasticity and buoyancy; taxable
capacity Public Debt – Sources, effects, burden and its management.
- Fiscal Federalism – Theory and problems; Problems of Centre – State
Financial relations in India.
- Fiscal Policy – Neutral and compensatory and functional finance;
balanced budget multiplier.
5.
International Economics
- Theories of International Trade : Empirical verification and Relevance
International Trade under Imperfect competition Terms of Trade and
Economic Growth – Secular Deterioration of Terms of Trade Hypothesis – a
critical review.
- Equilibrium / disequilibrium in Balance of Payment – Traditional,
Absorption and Monetary approaches for adjustment in the Balance of
Payments, Foreign Trade multiplier.
- Impact of Tariffs, Partial and general equilibrium analysis; Political
economy of Non-Tariff Barriers.
- Theory of regionalism at Global level – Collapse of Bretton – Wood
System – Recent.
- Monetary reforms.
- Trade Policy and Reforms in India.
6.
Indian Economy
- Basic Economic indicators – National income, performance of different
sectors Trends in prices and money supply.
- Agriculture – Institutional and technological aspects, new
agricultural policy Industry – New industrial policy and liberalization.
- Money and banking – Concepts of money supply, inflation, monetary
policy and financial sector reforms.
- Public finance – Trends in revenue and expenditures of the Central and
State Governments, Public debt; analysis of the Union Budget.
- Foreign trade – Trends, Balance of payments and trade reforms.
- Poverty, unemployment, migration and environment.
7.
Statistical Methods
- Measures of Central tendency, dispersion, skewness and kurtosis.
- Elementary theory of probability – Binomial, Poisson and Normal
distributions.
- Simple correlation and regression analysis.
- Statistical inferences – Applications, sampling distributions (t, x2 and F tests )
sampling of attributes, testing of Hypothesis.
- Index numbers and time series analysis.
- Sampling and census methods, types of sampling and errors.
UGC
NET PAPER III (A) [ Core group ]
Unit
– I
- Theory of Demand – Axiomatic approach, Demand functions, Consumer
behaviour under conditions of uncertainty.
- Theory of production.
- Collusive and non – collusive oligopolies.
- Different models of objectives of the firm – Baumol, Morris and
Williamson.
- Factor pricing.
- General equilibrium and Welfare Economics.
Unit
– II
- Keynesian and post – Keynesian approaches to theory of output and
employment; concept of investment multiplier; consumption hypotheses
Theories of investment and accelerator.
- Theories of demand for money – Keynesian and post – Keynesian.
- Different approaches to money supply; money supply; components and
determinants; money multiplier.
- Output – price determination ( aggregate supply and aggregate demand
curve analysis ).
- Fleming – Mundell open economy model.
Unit
– III
- Development and Growth – Role of institutions.
- Theories of growth and development – Models of growth of Joan Robinson
and Kaldor; Technical Progress – Hicks, Harrod and learning by doing,
production function approach to the determinants of growth : Endogenous
growth : role of education, research and knowledge – explanation of cross
country differentials in economic development and growth.
- Theories of development – Classical, Marx, Schumpeter and structural
analysis of development – Imperfect market paradigm, Lewis model of
development, Ranis – Fei model, Dependency theory of development.
- Factors in economy development – natural resources, population,
capital, Human Resource Development and infrastructure.
- Trade and development – trade as engine of growth, two – gap analysis,
Prebisch, Singer and Myrdal views; gains from trade and LDCs.
Unit
– IV
- Theories of taxation, types, incidence and effects.
- Theories of public expenditure – effects on savings, investment and
growth Burden of public debt.
- Union Finance – Trends in Revenue and Expenditure of the Government of
India.
- State finance – Trends in Revenue and Expenditure of the State
Governments.
- Public Debt – India’s Public debt since 1951 – growth composition,
ownership pattern and debt management.
- Union – State Financial Relations – Horizontal and vertical
imbalances; the Finance Commissions.
- Fiscal Policy and Fiscal Reforms in India.
Unit
– V
- Monetary approach’ and adjustment in the balance of payments.
- Regional blocs – multilateralism and world trading system.
- The Political Economy of imposition of non – tariff barriers.
- International trade under conditions of imperfect competition in goods
market.
- Theory of International reserves.
- Optimum Currency Areas – Theory and impact in the developed and
developing countries.
- WTO and its impact on the different sectors of the economy.
Unit
– VI
- Components of money supply.
- Role, constituents and functions of money and capital markets.
- RBI – recent monetary and credit policies.
- Commercial banks and co – operative banks.
- Specialized financial and investment institutions.
- Non – Bank financial institutions and Regional Rural Banks.
Unit
– VII
- Industrial structure and economic growth.
- Pattern of industrialization – Public and Private; large and small
industries.
- Theories of Industrial location – Indian experience.
- Industrial productivity – measurement, partial and total trends
Industrial Finance in India.
- Industrial Labour – Problems, policies and reforms in India Economic
Reforms and industrial growth.
Unit
– VIII
- Population and Economic development – interrelation between
population, development and environment, sustainable development.
- Malthusian theory of population, Optimum theory of population, theory
of demographic transition, population as ‘Limits to Growth’ and as
‘Ultimate Source’.
- Concepts of Demography – Vital rates, Life tables, composition and
uses, Measurement of fertility – Total fertility rate, gross and net
reproduction rate – Age pyramids, population projection – stable,
stationary and quasi – stationary population; characteristics of Indian
population through recent census.
- Poverty in India – Absolute and relative; analysis of poverty in
India.
- Environment as necessity – amenity and public goods; causes of
environmental and ecosystem degeneration – policies for controlling
pollution – economic and persuasive; their relative effectiveness in LDCs;
Relation between population, poverty and environmental degradation –
microplanning for environment and eco – preservation – water sheds, joint
forest management and self – help groups.
- Role of State in environmental preservation – Review of environmental
legislation in India.
Unit
– IX
- Role of Agriculture in Indian Economy – Share of Agriculture,
interrelationship between agriculture and industry.
- Institutional aspects – Land reforms, Green revolution.
- Technological aspects – Agricultural inputs and shifts in production
function.
- Capital formation in the rural sector – Savings, assets and credits.
- Strategies for rural development.
- Regional disparities in Indian agriculture.
- Cooperative movement in India – Organization, structure and
development of different types of cooperatives in India.
Unit
– X
- Application of Differential and Integral Calculus in theories of
consumer behaviour, Production and pricing under different market
conditions.
- Input – output analysis and linear programming.
- Application of Correlation and Regression.
- Testing of Hypothesis in Regression Analysis.
UGC
NET PAPER III (B) [ Elective / Optional ]
Elective
– I
Single
Equation Linear Model :
- Assumption and properties of OLS.
- Multiple Regression Model – Estimation and Interpretation.
- Multi – collinearity – Auto – correlation and heteroscedasticity –
Causes, detection, consequences and remedy.
- Dummy variables, distributed lags – Need, limitations and
interpretation.
- Applications in Economics.
Simultaneous
Equation models :
- Structural and reduced forms.
- Endogenous and exogenous variables.
- Identification problems and conditions.
- Single equation methods of estimations – TSLS, indirect least squares
and least variance ratio.
Techniques
of Forecasting :
- ARMA, ARIMA.
- Econometric properties of time series, Unit root, integrated series,
random walk and white noise.
Elective
– II
- Theory of Consumer Behaviour and Theory of Firms.
- Theory of Pricing – Monopoly, Monopolistic competition, Duopoly and
Oligopoly.
- Theory of Games – Two – person, Zero – sum Game, Pure and Mixed
strategy, Saddle point solution, Linear programming and input output
analysis.
- Static and Dynamic Multiplier and Accelerator, Samuelson – Hicks trade
cycle model.
- Growth Models – Harrod and Domar, Neoclassical models – Solow, Meade,
Kaldor’s Model with technological progress, endogenous growth models.
- Employment and output determination with fixed and flexible prices (
IS – LM, Aggregate demand and aggregate supply analysis ).
Elective
– III
- The Rise and Fall of Bretton – Wood and emerging International
Monetary System.
- World Trading System – Evolution and Distortions.
- Globalization – Developments in Exchange Markets, Euro – Currency
Markets, and International Bond Markets, International Debt crisis.
- Theory of Foreign Exchange Markets – Exchange Trading, Arbitrage and
Market Hedging.
Elective
– IV
- Growth and Productivity trends in Indian Agriculture.
- Development of distributive institutions – Costs and price policies.
- Agricultural marketing and credit.
- Trends in migration and labour markets. Minimum Wages Act.
- WTO and sustainable agricultural development.
- Reforms in Indian agriculture. अर्थशास्त्र
Elective
– V
- Planning and Economic Development.
- Costs, Prices, WTO and Indian Agriculture.
- Globalization, Liberalization and the Indian Industrial Sector.
- Infrastructure and Economic Development.
- Social Sector, Poverty and Reforms in India.
- Women, Environment and Economic Development.
- Trade Reforms and Liberalization.
- Financial sector reforms.
- Fiscal policy and fiscal reforms.
All the topics of UGC NET and CSIR NET regarding topics which is also prefer by MPPSC exam board. If any discripancy we are not responsible; So we are request you please also refer MPPSc official website and get all authentic informations. www.mppsc.nic.in www.mppscdemo.in
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