UGC NET NTA Economics Course

In the UGC NET examination conducted by NTA, the Economics Paper (Paper II) tests candidates on a wide range of topics, drawing from both microeconomic and macroeconomic theory as well as applied economics.

The syllabus includes:

  • Microeconomics and Macroeconomics

  • Development and Planning

  • Public Finance

  • International Economics

  • Money and Banking

  • Environmental Economics

  • Indian Economy

  • Statistical and Mathematical Methods

  • Growth and Development with special emphasis on India

The standard of the paper is equivalent to the postgraduate level (MA/MSc in Economics) from an Indian university.

Candidates are expected to:

  • Demonstrate strong conceptual clarity and theoretical depth

  • Support answers with relevant data, empirical examples, and applied reasoning

  • Show familiarity with key policy developments, government schemes, and current issues in the Indian economy

  • Solve questions with analytical precision, including interpretation of graphs, tables, and statistical findings where required

Success in UGC NET Economics requires a combination of thorough subject knowledge, clarity in presentation, and the ability to connect economic concepts with real-world scenarios, especially in the Indian context.

Syllabus of UGC NTA NET Economics

Units 1,2,3

 Microeconomics

  • Theory of Consumer Behaviour

  • Theory of Production and Costs

  • Decision-making under Uncertainty; Attitude towards Risk

  • Game Theory: Non-Cooperative Games

  • Market Structures: Competitive and Non-Competitive Equilibria and their Efficiency Properties

  • Factor Pricing

  • General Equilibrium Analysis

  • Efficiency Criteria: Pareto Optimality, Kaldor-Hicks, and Wealth Maximization

  • Welfare Economics: Fundamental Theorems; Social Welfare Function

  • Asymmetric Information: Adverse Selection and Moral Hazard

Macroeconomics

  • National Income: Concepts and Measurement

  • Determination of Output and Employment: Classical and Keynesian Approaches

  • Consumption Function

  • Investment Function

  • Multiplier and Accelerator

  • Demand for Money

  • Supply of Money

  • IS-LM Model

  • Inflation and Phillips Curve Analysis

  • Business Cycles

  • Monetary and Fiscal Policy

  • Rational Expectations Hypothesis and its Critique

Statistics and Econometrics

  • Probability Theory: Concepts, Distributions, Moments, Central Limit Theorem

  • Descriptive Statistics: Measures of Central Tendency and Dispersion, Correlation, Index Numbers

  • Sampling Methods and Sampling Distributions

  • Statistical Inference and Hypothesis Testing

  • Linear Regression Models and their Properties (BLUE)

  • Identification Problem in Econometrics

  • Simultaneous Equation Models: Recursive and Non-Recursive

  • Discrete Choice Models

  • Time Series Analysis

Units 4,5,6

Mathematical Economics

  • Sets, Functions, Continuity, Sequences, Series

  • Differential Calculus and its Applications

  • Linear Algebra: Matrices and Vector Spaces

  • Static Optimization Problems and Applications

  • Input-Output Models and Linear Programming

  • Difference and Differential Equations with Applications

International Economics

  • Basic Concepts and Analytical Tools of International Trade

  • Theories of International Trade

  • Trade under Imperfect Competition

  • Balance of Payments: Composition, Equilibrium, Disequilibrium, and Adjustment Mechanisms

  • Exchange Rates: Concepts and Theories

  • Foreign Exchange Market and Arbitrage

  • Gains from Trade, Terms of Trade, and Trade Multiplier

  • Tariff and Non-Tariff Barriers; Dumping

  • GATT, WTO, and Regional Trade Blocs

  • Trade Policy Issues

  • IMF and World Bank

Public Economics

  • Market Failure and Remedies: Asymmetric Information, Public Goods, Externalities

  • Regulation of Markets: Collusion and Consumer Welfare

  • Public Revenue: Tax and Non-Tax, Direct and Indirect Taxes, Progressive and Non-Progressive Taxation, Incidence and Effects

  • Public Expenditure

  • Public Debt and its Management

  • Public Budget and Budget Multiplier

  • Fiscal Policy and its Implications

Units 7,8,9

 Money and Banking

  • Components of Money Supply

  • Central Banking

  • Commercial Banking

  • Instruments and Working of Monetary Policy

  • Non-Banking Financial Institutions

  • Capital Markets and their Regulation

Growth and Development Economics

  • Economic Growth vs Economic Development

  • Theories of Economic Development: Smith, Ricardo, Marx, Schumpeter, Rostow, Balanced and Unbalanced Growth, Big Push

  • Models of Economic Growth: Harrod-Domar, Solow, Robinson, Kaldor

  • Technical Progress: Embodied and Disembodied; Endogenous Growth

  • Indicators of Development: PQLI, HDI, SDGs

  • Poverty and Inequality: Concepts and Measurement

  • Social Sector Development: Health, Education, Gender

Environmental Economics and Demography

  • Environment as a Public Good

  • Market Failure and Environmental Externalities

  • Coase Theorem

  • Cost-Benefit Analysis and Compensation Criteria

  • Valuation of Environmental Goods

  • Theories of Population

  • Fertility, Mortality, Morbidity: Concepts and Measures

  • Age Structure and Demographic Dividend

  • Life Tables

  • Migration

Unit 10

Indian Economy

  • Economic Growth in India: Trends and Structure

  • Agriculture: Growth Pattern, Major Challenges, and Policy Responses

  • Industry: Growth Pattern, Major Challenges, and Policy Responses

  • Services Sector: Growth Pattern, Major Challenges, and Policy Responses

  • Rural Development: Issues, Challenges, and Policy Responses

  • Urban Development: Issues, Challenges, and Policy Responses

  • Foreign Trade: Structure, Direction, Balance of Payments, Foreign Capital Inflows, and Trade Policies

  • Infrastructure: Physical and Social Infrastructure; Public-Private Partnerships

  • Reforms in Land, Labour, and Capital Markets

  • Centre-State Financial Relations; Finance Commissions of India; FRBM Act

  • Poverty, Inequality, and Unemployment in India

UGC NTA NET Economics- Past year papers

Paper 2

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

Frequently asked questions

Who is eligible for UGC NET economics?
 
You must score at least 55% marks (50% for reserved categories) in Post-Graduation or equivalent from any recognized university. The final-year students are also eligible to appear in the exam
The UGC NET Economics exam is generally considered tough due to its extensive syllabus, the need for strong analytical and conceptual understanding, and the highly competitive nature of the exam. While Paper 1 (general) can be manageable, Paper 2 (economics) requires a deep grasp of various economic theories, econometrics, and quantitative methods. 
 
 

The UGC NET Economics exam, conducted by NTA, is a national-level eligibility test for aspiring Assistant Professorsand for the award of the Junior Research Fellowship (JRF) in Economics. It comprises two papers—Paper I (General Aptitude) and Paper II (Economics). The exam is highly competitive, but with the right preparation strategy and conceptual clarity, it is well within reach for serious candidates.

The UGC NET JRF (Junior Research Fellowship) provides a monthly stipend for the first two years, typically ₹31,000 per month, with an increase to ₹35,000 per month for the next three years, subject to performance and research progress. Additionally, JRF fellows receive an annual contingency grant for research expenses, which is ₹10,000 for social sciences and humanities or ₹12,000 for science and engineering. But this may subject to change, so kindly check.
 
 
Yes, it is possible to appear for the UGC NET exam in the first year of your MA program. Candidates pursuing their master’s degree or who have already appeared for their final year exams and are awaiting results are eligible to apply for the UGC NET.However, if you clear the exam in your first year, you will need to complete your MA within two years of the UGC NET result declaration with the required percentage. 
 
 

UGC NET NTA Economics Coaching

UGC NET Economics Coaching

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  • Recorded Classes
  • Past Years Discussion
  • Doubts Clearance
  • Quizzes
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Who This Course Is For

This course is meant for aspirants of the UGC NET Economics exam, conducted by NTA, who are preparing for eligibility as Assistant Professors or seeking a Junior Research Fellowship (JRF) in Economics. It is ideal for:

  • Postgraduate students in Economics looking for a structured, topic-wise preparation

  • Research aspirants aiming to qualify for JRF and academic careers

  • Working professionals seeking a flexible, recorded course they can follow at their own pace

The course provides full coverage of the UGC NET Economics syllabus, including:

  • Microeconomics and Macroeconomics

  • Development and Growth

  • Indian Economy

  • International Economics

  • Public Finance and Money & Banking

  • Environmental Economics and Demography

  • Mathematical Economics, Statistics, and Econometrics

Each unit is taught topic-by-topic, with conceptual explanations, previous year question discussions, and key reference guidance.

    • Complete recorded course—watch anytime, from anywhere

    • six-months access from the date of enrollment

    • Systematic, unit-wise approach aligned with the official UGC NET syllabus

    • Emphasis on concept clarity, answer patterns, and previous year trends

    • Ideal for those preparing alongside college or job commitments

    • Fully online and recorded course

    • Accessible anytime for six months

    • Includes explanations, references to standard material, and integrated question discussions

    • No live classes—entirely self-paced for flexible learning

This is not a crash course or shortcut. It is designed to help you:

  • Build a strong foundation in each topic

  • Understand how to connect theory with application

  • Prepare with discipline and structure, even while studying independently

  • Gain confidence in attempting both conceptual and application-based questions

  • UGC NET Economics Recorded Course – ₹15,000

  • Access Duration – six months from the date of enrollment

    • Email your interest to nishantmehra01@gmail.com

    • You’ll receive access instructions and payment details

    • Once payment is confirmed, course access will be granted for six months

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