New Online Batches

Online Coaching for Indian Economics Services and Other Courses

IES, IAS Economics Optional & UGC Net Economics Preparation

Online Courses: Indian Economic Services, IAS Economics Optional, UGC Net Economics

December 02, 2021
NEW ONLINE BATCH : LIVE CLASSES : INDIAN ECONOMIC SERVICES 2021 / INDIAN ADMINISTRATIVE SERVICES (ECONOMICS OPTIONAL) : 5TH SEPTEMBER 2021, 9 AM
NEW ONLINE BATCH : LIVE CLASSES : INDIAN ECONOMIC SERVICES 2021 / INDIAN ADMINISTRATIVE SERVICES (ECONOMICS OPTIONAL) : 5TH SEPTEMBER 2021, 9 AM

Indian Economic Services Coaching with live online classes and separate platform for Recordings. Day/s of classes : Monday to Friday Timings : 10 AM tentatively Number of Classes per week : Five classes  Number of Hours per week : 5-6 Hours Online Platform : Yes Will I be given Recordings ? You will be given an online platform on which all recordings are uploaded. What if I miss any online class ? You are given recordings daily, so you need not worry about it. I cannot attend live classes, as I have college/ work etc? You are given recordings, and after going through recordings at your own pace, you...

December 02, 2021
WEEK 7 (DAY 1) : THEORY OF DISTRIBUTION: GENERAL ECONOMICS PAPER 1-INDIAN ECONOMIC SERVICES
WEEK 7 (DAY 1) : THEORY OF DISTRIBUTION: GENERAL ECONOMICS PAPER 1-INDIAN ECONOMIC SERVICES

Happy New Year. I am back after the break, several things happened in this break, life took over, you know. Anyways, let us start from where we stopped. I made two videos today. Marginal Productivity Theory and Demand Curve for Labour Product Exhaustion Theorem and Adding Up Problem Happy Studying For any queries related to the course, pls call us 9999886629

December 02, 2021
WEEK 6 : WELFARE ECONOMICS AND THEORY OF DISTRIBUTION : GENERAL ECONOMICS PAPER I : INDIAN ECONOMIC SERVICES
WEEK 6 : WELFARE ECONOMICS AND THEORY OF DISTRIBUTION : GENERAL ECONOMICS PAPER I : INDIAN ECONOMIC SERVICES

This week, I have not been able to upload videos, as my father was hospitalised. He is fine now. I created some lessons but did not get time to upload them. Anyhow, my speed, which I pulled up last to last week, was halted a little due to these unforeseen circumstances previous week. I planned to complete, Welfare economics and Theory of Distribution by last week only, but could not do so. I will try to do them as soon as possible. This week I made a little dent on Theory of Distribution and Game Theory and made notes and...

December 02, 2021
WEEK 5 : WELFARE ECONOMICS : GENERAL ECONOMICS PAPER I : INDIAN ECONOMIC SERVICES
WEEK 5 : WELFARE ECONOMICS : GENERAL ECONOMICS PAPER I : INDIAN ECONOMIC SERVICES

This week was my vacation time, my students have exams, so this time of the year, we have some time off, but in reality, I didn’t have much, just immediately after coming back, I sat with recording these videos. Particularly, I made videos on Pareto efficiency, I went deeper into the topic, covering Chapters 31, 32 and 33 from Varian. These still pertain to Topic 5, Welfare Economics, General Economics Paper I. These are some of the most beautifully written chapters, with so much of information and concepts written in between the lines. When Varian writes, sometimes it is so crisp,...

December 02, 2021
INDIAN ECONOMIC SERVICES : REVEALED PREFERENCE THEORY
INDIAN ECONOMIC SERVICES : REVEALED PREFERENCE THEORY

Revealed Preference Theory (IES 2019) Topic Discussed Revealed Preference Theory Assumption The principle of Revealed Preference Weak Axiom of Revealed Preference Past Year Questions Discussed Q 2 (c) IES 2019 An individual buys two goods X and Y at prices Px and Py. Check whether her behavior satisfies the Weak Axiom of Revealed Preference, given the following information: When (Px , Py) = (1, 2), (X, Y) = (1, 2) When (Px, Py) = (2, 1), (X, Y) = (2, 1) Elasticity of Demand and its relation with the Slope of Demand Curve (IES 2011, 2015, 2017, 2019) Topic Discussed...

December 02, 2021
INDIAN ECONOMIC SERVICES : INDIFFERENCE CURVE ANALYSIS AND UTILITY FUNCTION; DUALITY, INDIRECT UTILITY FUNCTION
INDIAN ECONOMIC SERVICES : INDIFFERENCE CURVE ANALYSIS AND UTILITY FUNCTION; DUALITY, INDIRECT UTILITY FUNCTION

Hello Guys, we have started our online classes again from 8th November this year. Here I am documenting what all we have completed this week, and within each class what is discussed, including the previous years questions which are discussed in each class/recording. You may look at this blogpost, as the set of question bank, when you are preparing your notes. I think I will take one more week to complete this topic 1, of Paper 1. This coming week I will be discussing Revealed preference approach, Elasticity of Demand and Supply (several questions are asked in previous years from...

December 02, 2021
WEEK 4 (DAY 3 TO 7) : THEORY OF VALUE AND WELFARE ECONOMICS : GENERAL ECONOMICS PAPER I : INDIAN ECONOMIC SERVICES
WEEK 4 (DAY 3 TO 7) : THEORY OF VALUE AND WELFARE ECONOMICS : GENERAL ECONOMICS PAPER I : INDIAN ECONOMIC SERVICES

In the last week, days 3 to 7, I completed videos pertaining to Theory of Value and have started Welfare economics, simultaneously. Some topics like Marshallian and Walrasian stability, cross subsidy free pricing are left, that I will be covering this week and will go deeper into welfare economics. Sometimes, when I read the syllabus, I have a feeling, that it could be more properly arranged, for example, before talking about externalities, we should discuss Pareto efficiency in detail; also before doing aggregation problem in welfare economics, Pareto efficient needs to be done more thoroughly. There is part 4, of...

December 02, 2021
WEEK 4 (DAY 1 AND 2) : THEORY OF VALUE : GENERAL ECONOMICS PAPER I : INDIAN ECONOMIC SERVICES
WEEK 4 (DAY 1 AND 2) : THEORY OF VALUE : GENERAL ECONOMICS PAPER I : INDIAN ECONOMIC SERVICES

When I start writing notes for these videos, sometimes I get too consumed in the depth I can cover, but then nearly every time, I have to remind myself, that I have to stick to the syllabus which is given. While doing Cournot, or Bertrand or Stackelberg Model, there is so much, which I can discuss, but then given the trends in the past years and syllabus, have to restrain myself. Also, while making these videos, I realised that it will be better, if we make notes in a question and answer format, it will have a better retention. In...

December 02, 2021
WEEK 3 : THEORY OF VALUE : GENERAL ECONOMICS PAPER I (INDIAN ECONOMIC SERVICES)
WEEK 3 : THEORY OF VALUE : GENERAL ECONOMICS PAPER I (INDIAN ECONOMIC SERVICES)

My apologies for being little late in posting this weekly post. I was little occupied with ECOPOINT classes, so didn’t get the time to post it here. I started with Topic 3, Theory of Value, General Economics Paper 1, Indian Economic Services. I like this topic, there is a lot of room to play and discuss so many things, but I have kept myself restricted to the syllabus defined. In the syllabus, there is a subtopic, Pricing in different markets, now this involves detailed discussion of how optimal price is arrived in different market forms, perfect competition, we have already...