CUET PG अर्थशास्त्र सिलेबस 2027

इकाई 1 Micro Economics

• Consumer Theory or Behavior: Demand, Utility, Indifference Curve, Revealed Preference Theory,

इकाई 2 Consumer Surplus

Production Theory: Production Function, Law of Variable Proportions, Returns to Scale, Cost Function, types and concepts

Price and Output determination in Market: Perfect and Imperfect Competition (Monopoly, Price Discrimination, Monopolistic, Duopoly and Oligopoly models) General Equilibrium, Efficiency and Welfare: Equilibrium and efficiency under pure exchange andproduction; overall efficiency and welfare economics, externality

इकाई 3 Macro Economics

• National Income Accounting
• Income and Output Determination: Aggregate Demand and Aggregate Supply, Effective Demand

इकाई 4 Principle, Classical and Keynesian Theory

• Money and Inflation
• Demand and Supply of Money, Money Multiplier and High-Powered Money, Credit Creation, Role of Reserve Bank of India and Commercial Banks, Quantitative Theories of Money, Philip’s Curve
• Monetary and Fiscal Policy of India and its role

इकाई 5 Consumption and Investment Function

• Permanent, Relative and Life Cycle Hypothesis, determinants of business fixedinvestment; residential investment and inventory investment, Multiplier and Accelerator
• Open Economy Models: Mundell and Fleming Model (IS, LM and BP curve) , Balance ofPayments, exchange rate determination, Purchasing Power Parity
• Economic Growth: Harrod-Domra Model, Solow Model

इकाई 6 Statistical Methods in Economics

• Mean, Mode, Median, Dispersion, Skewness, Quartile Deviation, Average Deviation, Standard

इकाई 7 Deviation

• Correlation
• Simple Regression Model Probability Distribution Sampling

इकाई 8 Mathematical Methods in Economics

• Sets and Vector
• Functions of one and several real variables Single and Multi-variable optimization
• Integration of functions
• Difference equations
• Determinants Matrix
• Linear Programming Probability
• Differential Equations

इकाई 9 Indian Economy

• Overview of colonial economy
• Macro Trends: National Income; population; occupational structure
• Agriculture: Agrarian structure and land relations; agricultural markets and institutions – credit, commerce and technology; trends in performance and productivity; famines. Railways and Industry Railways; the de-industrialization debate; evolution of entrepreneurial and industrial structure; nature of industrialization in the interwar period; constraints to industrial breakthrough; labor relations
• Economy and State in the Imperial Context
• The imperial priorities and the Indian economy; drain of wealth; international trade, capital
• Flows and the colonial economy – changes and continuities; government and fiscal policy
• New Economic Policy
• Public Economics: Public and Private Goods, Externalities, Budget, Deficits, Public Debt, Fiscal
• Federalism in India,
• Taxation: its economic effects; dead weight loss and distortion, efficiency and equity considerations, tax incidence, optimal taxation
• International Trade Theories: Adam Smith, Ricardo, Heckscher-Ohlin model and NewTrade Theories