CUET economics syllabus 2024 deals with microeconomics, demand and supply, money and banking, the balance of payments, and Indian economic development. Students must strategise their study plan accordingly.
CUET economics syllabus 2024 is based on topics from introduction to microeconomics, Consumer Behaviour and Demand, Money and Banking and more. The economics CUET syllabus comprises topics covered by candidates earlier in their boards' exams. Candidates can ace the exam by following the suggested books and preparation tips. CUET is conducted by NTA annually for admissions into central universities.
CUET Economics Syllabus 2024
A wide range of economic subjects is covered in the CUET Economics Syllabus 2024. The official website's syllabus is accessible in both Hindi and English. The entire CUET economics syllabus 2024 is discussed below, and the official syllabus PDF is available.
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Introduction to Microeconomics
- What is microeconomics?
- Central problems
Consumer Behaviour and Demand
- Consumer's Equilibrium: meaning and the attainment of Equilibrium through Utility Approach One and two commodity cases
- Demand: Determinants and market demand, demand curve, movement along and shifts in the demand curve, demand schedule, price elasticity, measurement of price elasticity of
- Demand – percentage, the total expenditure, and geometric methods.
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National Income and Related Aggregate - Basic Concepts and Measurement
- Macroeconomics: meaning
- Circular flow of income, GNP, GDP, NDP, NNP (at market price and factor cost)
- Measurement of National Income – Value Added, Income, and Expenditure methods.
Determination of Income and Employment
- Aggregate Demand, aggregate supply, and their component
- Propensity to consume and save (average and marginal)
- Meaning of involuntary unemployment and full employment
- Determination of income and employment: twosector of model
- Concept of investment multiplier and its working
- Problems of excess and deficient Demand
- Measures to correct the excess and deficient demand availability of credit, change in government spending
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Money and Banking
- Money: meaning, evolution, and functions
- Central bank: meaning and functions
- Commercial banks: meaning and functions.
Government Budget and the Economy
- Government budget – It is meaning and its components
- Objectives of government budgets
- Classification of receipts – revenue and capital; classification of expenditure – revenue and capital, plan and nonplan, and developmental and nondevelopmentals
- Balanced, surplus budget, and deficit budget: meaning and implications
- Revenue, fiscal deficit, and primary deficit: meaning and implications; measures to contain different deficits.
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Balance of Payments
- Foreign exchange rate – the meaning of fixed and flexible, merits and demerits; determination through Demand and supply
- Balance of payments accounts – its meaning and components
- A brief analysis of recent exchange rate issues.
The Development Experience 1947 and Economic Reforms since 1991
- A brief introduction of the state of the Indian Economy on the eve of independence. Indian economic system and common goals of Five year Plans
- Main features, Foreign Trade problems and policies of agriculture institutional aspects and the new agricultural strategy, industry IPR 1956
- SSI – role & importance
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Current challenges which are facing the Indian Economy
- Poverty: absolute and relative; A critical assessment; Main programs for poverty alleviation
- Human Capital Formation: The Role of human capital in economic development, How many people become a resource
- Rural development: Key issues: credit and marketing issues, the role of cooperatives, agricultural diversification
- Employment: Growth in the workforce participation rate in the formal sector and informal sectors; problems and policies and their changes
- Infrastructure: Meaning and its Types: Case Study, Health: Problems and Policies – A critical assessment
- Sustainable Economic Development: Effects of Economic Development on Resources and Environment, including global warming, its meaning.
Development Experience in India
- India and Pakistan
- India and China comparison with neighbours
- Issues: economic growth, sectoral development, population and other Human Development Indicators.
CUET Economics Syllabus PDF | Download Now |
CUET Economics Syllabus 2024 Books
Candidates must ensure they have access to the best books for the CUET economics syllabus 2024 before preparing for the exam. The best books available in the market are as follows:
Books | Authors/ Publishers |
Tan Print's Economics for NTA CUET | Chandan Dubey |
Scanner CUETShuchita Experts | Shuchita Experts |
NTA CUET ECONOMICS Section II Practice Papers 2024 | Educart |
Gurukul NTA CUET (UG) Economics Question Bank | Gurukul |
Go To Guide for CUET (UG) Economics/ Business Economics | Disha Experts |
Read More: CUET Books 2024
CUET Economics Preparation Tips
The CUET Economics Syllabus 2024 is conceptual. Candidates must possess a good understanding of each topic to answer the questions. Here are some of the best CUET Economics Syllabus 2024 preparation tips:
- Candidates must first buy the suggested books for the exam and start analyzing the entire CUET Economics Syllabus 2024. They must know all the topics and portions covered in the syllabus.
- Next, create a timetable for the CUET economics syllabus 2024 and dedicate ample time to each topic. Understanding the syllabus is very important to crack the exam.
- Next, candidates should sort time for regular revision; they can dedicate 1 day in the week for revision and the rest of the days for covering the syllabus.
- Additionally, following the test and sample papers will help the candidates prepare well. Candidates can easily gauge the number of questions from each CUET Economics Syllabus 2024 section.
- Nonetheless, candidates must arrive for mock tests to acknowledge their preparation and the areas that require more attention. It will also help the candidates to ace their preparation tactics.
Read More: CUET Preparation Tips 2024