UGC NET Economics Syllabus 2024: Dec Session Chapter Wise Topics, Pattern, Free PDF & More

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Exam On: 3 Jan '25 - 16 Jan '25

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Updated on Dec 20, 2024 16:46 IST

NTA (National Testing Agency) will conduct the UGC NET 2024 December session exam from January 3 to January 16, 2025 at several centres across the country. Candidates can read the latest economics syllabus for the UGC NET 2024 in the article below.

UGC NET Economics Syllabus: The UGC NET 2024 December session exam will be conducted from January 3 to January 16, 2025. This article discusses the latest UGC NET Economics syllabus 2024 for the upcoming UGC NET December Cycle exam. The UGC NET Economics syllabus 2024 covers Applied Economics, Demography, Business Administration, Cooperation, Development Economics, Development Planning, Development Studies, Econometrics, Rural Economics, Micro and Macro Economics, etc

The University Grant Commission National Eligibility Test (UGC NET) is a national-level test administered twice a year by the National Testing Agency (NTA) for candidates seeking lecturer/JRF positions in Indian colleges/universities. The UGC NET 2024 December session offers 85 subject options based on your degree and preferences. Economics subject code is 01.

Q: What is the section-wise weightage of Paper 1 and Paper 2 in the UGC NET exam?

The UGC NET exam consists of two papers- Paper 1 and Paper 2. The section-wise weightage of each paper is as follows: Paper 1: a)Teaching Aptitude: 5 questions (10 marks) b)Research Aptitude: 5 questions (10 marks) c)Reading Comprehension: 5 questions (10 marks) d) Communication: 5 questions (10 marks) e)Reasoning (including Mathematical): 5 questions (10 marks) f) Logical Reasoning: 5 questions (10 marks) g) Data Interpretation: 5 questions (10 marks) h) Information and Communication Technology (ICT): 5 questions (10 marks) I) People and Environment: 5 questions (10 marks) j) Higher Education System: 5 questions (10 marks) The total marks for Paper 1 are 100. Paper 2: The UGC NET Paper 2 is subject-specific, and the section-wise weightage varies according to the subject. Paper 2 consists of 100 multiple-choice questions, each carrying 2 marks. The total marks for Paper 2 are 200. In Paper 2, most of the questions are asked from the core subject, while a few questions may be asked from related subjects. The questions are designed to test the in-depth knowledge and understanding of the subject by the candidate. Therefore, the section-wise weightage of the UGC NET exam varies according to the paper and subject. It is important for candidates to go through the UGC NET syllabus for their subject and prepare accordingly to score well in the exam.

Q: What is the marking scheme of UGC NET exam?

The marking of the UGC NET exam has been given below for the candidates. Following the marking scheme for the UGC NET exam the candidates who are willing to appear in the UGC NET exam can understand the exam pattern and prepare for the exam well. The marking will also help the candidate to count the probable scores from the UGC NET provisional answer key that is released by the National Testing Agency (NTA): a)Correct answer: 2 b) Incorrect answer: No negative mark c) Unanswered/marked for review: 0 (no marks given) d) Incorrect or ambiguous question/has multiple correct answers: 2 to those who have chosen one of the correct answers. E) Incorrect or dropped questions: 2 to those who have attempted the question.

Q: What is the latest exam pattern for UGC NET 2024 exam?

The UGC NET 2024 exam pattern is outlined in the official notification by the NTA. It consists of two papers: Paper 1 and Paper 2. The duration of the exam is three hours, Both papers consist of objective type multiple-choice questions (MCQs), totaling 150 questions across both papers. Each question weightage is two marks. There is no negative marking for incorrect answers.

UGC NET Economics Exam Pattern 2024

To better understand the syllabus the exam pattern has been given below for ease. Candidates should know that the test will continue without interruptions or short breaks from Paper-I to Paper II unless an emergency or technical failure occurs.

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Highlights	UGC NET Paper-I	UGC NET Paper-II
Test Mode	Offline
Duration of test	3 hours (180 minutes)
Paper Type	Common	Subject Specific/Preference-based questions
Questions Type	Multiple Choice Questions (MCQ)s
No of Questions	50	100
Mark in Total	100	200
Marking Scheme	2 marks for each accurate solution, no negative marking
Language medium	English & Hindi

Also Read:

UGC NET Economics Syllabus 2024

The UGC NET exam has two papers that are taken in offline mode (pen paper-based). Paper 1 is the general paper that consists of 50 multiple-choice questions worth 2 marks each. Paper 2 subject specific i.e, Economics, consists of 100 questions worth 2 marks each. Candidates should study and understand the exam pattern before downloading the UGC NET Economics syllabus in PDF format. The UGC NET exam will continue for a 3-hour session, so there will be no breaks between paper 1 and paper 2 exams. Candidates should cover all significant units of the NTA UGC NET Economics Syllabus below. Candidates should cover all major topics in each unit:

Micro Economics
Macro Economics
Statistics and Econometrics
Mathematical Economics
International Economics
Public Economics
Money and Banking
Growth and Development Economics
Environmental Economics and Demography
Indian Economy

Also Read:

UGC NET Economics Detailed Syllabus 2024

The candidates who are going to appear for the upcoming UGC NET December cycle must go through the table below to know the detailed syllabus for UGC NET Economics:

UGC NET Economics Syllabus
Unit 1: Micro Economics	Theory of Consumer Behavior.
	Decision-making under uncertainty attitude towards risk.
	Factor Pricing.
	Theory of Production and Costs.
	General Equilibrium Analysis.
Unit 2: Macro Economics	National Income: Concepts and Measurement
	Consumption Function
	Determination of output and employment
	Investment Function
	Inflation and Phillips Curve Analysis
Unit 3: Statistics and Econometrics	Probability Theory
	Sampling methods & Sampling Distribution
	Linear Regression Models and their properties
	Statistical Inferences, Hypothesis testing
	Descriptive Statistics
Unit 4: Mathematical Economics	Differential Calculus and its Applications
	Static Optimization Problems and their applications
	Difference and Differential equations with applications
	Sets, functions, and continuity, sequence, series
	Linear Algebra–Matrices, Vector Spaces
Unit 5: International Economics	International Trade: Basic concepts and analytical tools
	Theories of International Trade
	Trade Policy Issues; GATT, WTO, and Regional Trade Blocks
	International Trade under imperfect competition
	Exchange Rate: Concepts and Theories
Unit 6: Public Economics	Market Failure and Remedial Measures
	Regulation of Market
	Public Budget and Budget Multiplier
	Public Debt and its management
	Fiscal Policy and its implications
Unit 7: Money and Banking	Components of Money Supply
	Capital Market and its Regulation
	Commercial Banking
	Instruments and Working of Monetary Policy
	Non-banking Financial Institutions
Unit 8: Growth and Development Economics	Economic Growth and Economic Development
	Theories of Economic Development
	Indicators of Economic Development
	Models of Economic Growth
	Technical progress
Unit 9: Environmental Economics and Demography	Concepts and Measures: Fertility, Morbidity, Mortality
	Age Structure, Demographic Dividend
	Cost-Benefit Analysis, and Compensation Criteria
	Valuation of Environmental Goods
	Market Failure
Unit 10: Indian Economy	Economic Growth in India: Pattern and Structure
	Indian Finance Commissions and Centre-State Financial Relations; FRBM
	Reforms in Land, Labour, and Capital Markets
	Poverty, Inequality & Unemployment
	Infrastructure Development

UGC NET Economics Paper 2 Syllabus PDF 2024

The candidates who have applied for the UGC NET December cycle exam for Economics can download the syllabus in PDF format. The link for the PDF has been given below. The candidates can check the UGC NET Economics Paper 2 syllabus to make a strategy for preparing before taking the exam.

Q: What is the UGC NET exam pattern?

The UGC NET (National Eligibility Test) is a national-level exam conducted by the National Testing Agency NTA on behalf of the University Grants Commission (UGC). The exam is conducted twice a year to determine the eligibility of candidates for the post of Assistant Professor and for awarding Junior Research Fellowship (JRF) in Indian universities and colleges. The exam is conducted in two papers: Paper 1 and Paper 2. Here are the details of the UGC NET exam pattern: Paper 1: a) Duration: 3 hours (180 minutes combining both papers) b) Total marks: 100 c) Number of questions: 50 d) Type of questions: Multiple Choice Questions (MCQs) e) Marking scheme: Each question carries 2 marks. There is no negative marking for incorrect answers. F) Syllabus: Teaching and research aptitude, reasoning ability, comprehension, divergent thinking, and general awareness. Paper 2: a) Duration: 3 hours (180 minutes combining both papers) b) Total marks: 200 c) Number of questions: 100 d) Type of questions: Multiple Choice Questions (MCQs) e) Marking scheme: Each question carries 2 marks. There is no negative marking for incorrect answers. f) Syllabus: Based on the subject selected by the candidate. The UGC NET exam is conducted in online mode. The questions in both papers are in English and Hindi except for languages other than English and Hindi. Candidates need to secure the minimum qualifying marks in both papers to be eligible for Assistant Professor and Junior Research Fellowship (JRF).

Q: What is the use of UGC NET exam analysis?

UGC NET exam analysis is the process of examining the UGC NET exam paper to identify the overall difficulty level, the type of questions asked, and the areas from which the questions were asked. Exam analysis is useful for both the candidates who have appeared for the exam and those who are preparing for it in the future. Here are some uses of UGC NET exam analysis: a) Understand the exam pattern: Exam analysis helps the candidates to understand the exam pattern and the type of questions that are asked in the exam. This helps them to prepare better and focus on the important topics and subtopics. B) Identify the difficulty level: Exam analysis helps the candidates to identify the overall difficulty level of the exam and the difficulty level of individual sections. This helps them to understand their performance and identify areas where they need to improve. C) Identify important topics: Exam analysis helps the candidates to identify the important topics and subtopics that are frequently asked in the exam. This helps them to prioritize their preparation and focus on the topics that are more likely to be asked in the exam. D) Plan future preparation: Exam analysis helps the candidates to plan their future preparation based on the areas where they need to improve. It also helps them to identify their strengths and weaknesses and work on them accordingly. E) Provide feedback to coaching institutes: Exam analysis helps coaching institutes to understand the difficulty level of the exam and the areas from which the questions were asked. This helps them to improve the quality of their coaching and provide better guidance to the candidates. In summary, UGC NET exam analysis is useful for both the candidates who have appeared for the exam and those who are preparing for it in the future. It helps them to understand the exam pattern, identify the difficulty level, prioritize their preparation, plan future preparation, and provide feedback to coaching institutes.

UGC NET Paper 2 Economics Syllabus PDF: Click Here

Best Book of UGC NET Economics Syllabus 2024

The best tip and trick stick to the correct book list. Studying the best UGC NET Economics books can help the candidates to score maximum marks in the exam.

The list of the books has been given below for the candidates:

Sundar Gopal Mishra, UGC NET/SET (JRF & LS) (Arihant books)
Dr. Sanjay Kumar NTA, UGC NET Economics Paper-II Economics for UGC NET: Trueman's
Fifth Edition of Macroeconomic Analysis by Edward Shapiro
B.L. Agarwal FOR programmer of statistics.
Anna Koutsoyiannis, Micro Economics (2nd), and V. K. Puri and S. K. Mishra, Indian Economy
S.K. Singh's Public Finance in Theory and Practice
Economics Paper-II for the UGC NET: Rakesh Kumar Roashan and Ritu Batra
Geoffrey Reed and Bo Sodersten discuss international trade.

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UGC NET Economics Syllabus FAQs

Q: How many units are included in the UGC NET Economics syllabus?

A: The UGC NET Economics syllabus comprises 10 units. The list of the units has been given below for the candidates:

Micro Economics
Macro Economics
Statistics and Econometrics
Mathematical Economics
International Economics
Public Economics
Money and Banking
Growth and Development Economics
Environmental Economics and Demography
Indian Economy

Q: Best microeconomics books for UGC NET?

A: The list of the best books has been given below for the candidates. The candidates can go through the book list to know the best book available in the market:

Advanced Economic Theory by H.L. Ahuja
Public Finance by H.L Bhatia
Modern Banking by R.S Sayers
Macro Economics Analysis by Edward Shapiro
Indian Economy by R. Dutt
KPM Sundaram
National Income Accounting by Bakerman

Q: Is UGC NET Easy to Crack?

A: The UGC NET exam is tough to crack as it is a national level exam. However, the candidates preparing with dedication can crack the exam easily. The upcoming the UGC NET 2024 Dec session exam going will be conducted from January 3 to January 16, 2025. The candidates who are preparing for the upcoming exam for a specific time dedicately can qualify for the UGC NET/JRF exam.

Q: Will there be an interview after NET?

A: After qualifying for the UGC NET exam, the candidate should prepare for the lectureship and JRF interview. Many institutions/universities conduct UGC NET rounds of interviews to recruit suitable candidates for JRF and Assistant Professor positions.

Q: Are 2 months for UGC NET enough?

A: The UGC NET exam is a national-level exam. Although the exam level is high and the preparation period of 2 months is relatively short, students can still take on the challenge. To qualify for the UGC NET exam in 2-3 months, students start by reviewing questionnaires from the last 5-6 years.

Q: Is UGC NET certificate mandatory to get admission as PhD scholar?

A: Many universities require a UGC NET certificate as an essential requirement for a PhD. Some universities conduct entrance examinations to select doctoral candidates. Universities conducting admissions exams do not require the UGC NET certificate as a mandatory requirement.

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