You will realise that economics is an inalienable element of both the IAS Prelims and the Mains if you prepare for the UPSC Civil Services Examination. The UPSC mains papers are also available as an optional topic.
Economy Syllabus Complete Strategy
Economics is a research topic that focuses on economic agent interactions. It investigates human behaviour and how economies function. The UPSC Exam is mostly focused on this academic field. Economics is a UPSC Preliminary, UPSC Mains, and UPSC Mains Optional Subject.
In all three phases, the topic syllabus overlaps. The economic questions in the prelims are relatively simple, but the economic questions in the mains are more complicated. And the optional goes to the heart of India’s and the world’s economies.
Due to its significance in modern society, the Union Public Service Commission is interested in it. The prospective officer of the IAS has to know how to handle their economic conditions. And without knowing the subject, it is not feasible to accomplish this.
For all applicants, therefore, at least prelims and hands must study this topic. This article helps to comprehend the economic curriculum for prelims, hands and strategy options for each of them. Let’s look at them to better understand the topic and the pattern of examination.
Please refer to the image given below for the Complete UPSC Prelims Economics Syllabus
Important Topics for the UPSC Economic Syllabus
Economic Growth and Development
Fundamental concept and definition of economy and economics, resource use and transfer, macro and micro-economic policy, macroeconomic balance, distribution, growth versus growth, growth and development determinants, concepts, such as the HPI/MPI, the HDI, PQLI and GEMs, the GDI/GII, the TAI, green index, sustainable development, Economic growth and development
Poverty
Definitions, reasons, deprivation of distribution, income vs calories, poverty measurement, poverty, programmes for eradication, poverty and resource policies, tribal rights and problems, living conditions, mission, poverty.
Inclusion
Definition, pertinence, kinds, financial inclusion.
Demographics
Population by sex, state, age group, socio-economic position, caste, religion, levels of literacy and so on. Trends in human development – a comparison across states, etc.
Fiscal Policy
Definition, component, income, income and capital, tax revenue, expenditure and budget.
Social Issues
Financing health policies, education policy, health, beverage, social security, infrastructure policy, international trade, regional cooperation, regional cooperation.
Contemporary Economics Topics
The themes covered in the news are MNERGS, MSMEs, Make India, Industrial Corridors, NITI Ayog, black money, international treaties and organisations, Indian Neighbourhood Policy.
No UPSC Mains, Remember until you complete UPSC Prelims!
You will not be allowed to attend the Main exam without clearing the interim score for the UPSC Civil Services Preliminary Exam.
Don’t underestimate UPSC Prelims’ significance. Only 3 out of 100 prelims applicants clear the cut-off scoring. Yes, it’s harder to cross the ‘Prelims Hurdle’ than Mains.
We have witnessed several brilliant students losing their attention on the USPSC main stage in UPSC Prelims.
UPSC Prelims Complete Strategy
The first step of the civil service test is the UPSC IAS Prelims. The screening test for the main stage of the civil service examination is UPSC Prelims. In IAS Prelims, the nature of the questions is objective (MCQ). In Prelims, there are two papers, General Studies 1 and 2. (CSAT).
The UPSC chooses just approximately 15000 applicants for Mains out of about 5-8 lakh persons who apply for Prelims, therefore having a strong approach for Prelims is crucial.
UPSC Prelims Strategies – How to Achieve more than 140 Points in UPSC Prelims?
For UPSC Prelims, the cut-off for the general category is generally around 110-120 marks in GS 1. It is quite feasible to clear the Prelims on the very first attempt, with adequate preparation and practise exams.
Integrate the preparation and review of current affairs into your daily schedule. Try to minimise the amount of information because there is only more confusion. Follow conventional sources such as Hindu, Yojana, PIB, etc.
Steps for UPSC Preparation
Step 1: Solve Previous Year Exam Papers
To understand how each subject is addressed and why these issues have been raised in examinations, students should resolve the question paper from the previous year before the IAS starts. So, 5 to 10 years of UPSC questions papers must be solved for this applicant.
Step 2 – Study Plan Proper
Students who prepare for the IAS test should have a suitable study strategy sans coaching. You should have a 1-year long-term strategy and a daily and weekly study schedule.
Step 3 – Write Answers Regularly
Students are advised to write one or two answers every day to improve their answer writing skills as well as their memory skills. Candidates who are preparing without coaching, in particular, should practise answering questions without fail.
Step 4 – Take Regular Notes
Students should develop the habit of taking simple notes to revise quickly before the UPSC prelims and main examinations. Making one’s notes will improve a student’s performance more than relying on market material.
Step 5 – Prepare for Current Events
Students who are preparing without coaching should make a habit of reading the newspaper daily and taking notes on what they read.
Step 6 – Analyse Performance
Candidates should evaluate their study preparation regularly. To evaluate their performance, students can purchase practise prelims and mains question papers from the market and begin solving those question papers. It will assist them in understanding where their level of preparedness is, and based on this, the student will be able to analyse their strengths and weaknesses.
Note: At first, Candidates will struggle to answer the question. But don’t give up hope; as time goes on, students’ performance will improve.
Plan for Last 30 Days
The last 30 days should be a scheduled and coordinated period of rigorous review. The Civil Services Exam programme includes so many issues and themes that you juggle every day between history, culture, environment, and policy. This implies all previous preparations may not produce fruit without the last-minute overhaul since after a week of lag you begin to forget.
If you once studied the curriculum at present, you should strive for 2 revision cycles before the examination with a specific focus on subjects with which you are not familiar. If you haven’t covered the curriculum again, priority should be given and studied accordingly.
Note Making as a Strategy for Prelims
In the first 24 hours after first reading or hearing, humans tend to lose around 40 per cent of new knowledge. However, if we take good notes, we can retain and recall virtually all of the information we encounter.
Given the extensive nature of the UPSC test curriculum, it is nearly impossible for a UPSC applicant to anticipate a thorough revision of all textbooks and the whole syllabus immediately before the examination. However, revision is critical to scoring well and cracking the examination. As a result, most candidates rely on their self-made notes for rapid review on test days to overcome this difficulty.
Steps for Note Making
#1 Making notes is an essential part of the preparation process because:
#2 It becomes a single source of research.
#3 Concise and to the point, making it simple to revise
#4 There’s no need to collect books again and over.
#5 Easy to remember, as these notes have been made
Create tables and charts for preliminary examination memorisation information
To make these notes, examine prior year’s questions.
#1 Notes are not meant to produce a different book
#2 To make notes selective
#3 Read and thereafter write notes
#4 Do not stack the material for study
#5 Take notes to clarify examinations
Prelims vs Mains: Indian Economy
Indian Economics requires distinct techniques for Prelims and Mains. The main curriculum specifically addresses certain aspects of the Indian economy, such as planning, resource mobilisation, growth, development and employment, government budgets, food processing, cropping patterns, public distribution system, technology mission, agricultural reform, liberalisation, infrastructure, and investment models. The structure and type of questions in the Indian Economy segment for Prelims and Mains become clearer when we look at the questions. To answer most issues, a conceptual understanding of economics and the Indian economy is a requirement.
How can UPSC Pathshala help?
You may read our blogs or visit our website for more UPSC Pathshala. UPSC Pathshala is a technological education company that provides high-quality, customised topic notes and guidance to students to prepare for the UPSC test. It also prepares the interview applicants. UPSC Pathshala recognises students’ requirements and offers courses and a customised curriculum that can be accessed at will. To discover more about Demo classes on the subject, visit the website of UPSC Pathshala.
This article is of great help for me to complete the entire syllabus of economics and acknowledge the significant areas to focus on. Do you guys has any query?