Physics Wallah

UPPSC Economics Syllabus, Paper 1 & 2 Topics, Exam Pattern

UPPSC Economics Syllabus covers both theoretical and applied aspects of economics, divided into Paper 1 and Paper 2. Each paper carries 200 marks and is descriptive in nature. UPPSC Economics Syllabus includes microeconomics, macroeconomics, Indian economy, and public finance.
authorImageNeha Tanna18 Nov, 2025
UPPCS Geography Syllabus

UPPCS Economics Syllabus is designed by the Uttar Pradesh Public Service Commission (UPPSC) for candidates appearing in the UPPCS Mains exam. The Mains consists of 9 papers: Hindi, Essay, four General Studies papers (GS 1–4), and two Optional subject papers. Economics is one of the 29 optional subjects available.

The total marks for the Mains exam are 1500. The syllabus evaluates candidates’ understanding of economic theories, policies, and applications. It also includes essay or descriptive-type questions testing analytical and conceptual clarity on various economic topics relevant to India and Uttar Pradesh.

Also, check: UPPSC Syllabus

UPPSC Economics Syllabus Overview

UPPSC Economics Syllabus covers key economic concepts, theories, and applications to test candidates’ analytical and conceptual understanding. The Mains exam includes nine papers, with Economics as one of the optional subjects. Check below for a complete overview of the UPPSC Economics Syllabus, exam pattern, and key details:

UPPSC Economics Syllabus Overview

Aspect

Details

Exam Conducting Body

Uttar Pradesh Public Service Commission (UPPSC)

Exam Name

UPPCS (Uttar Pradesh Provincial Civil Services)

Purpose

Recruitment of Group A and Group B officers for the UP State Government

Stages of Selection

Prelims → Mains → Interview

Total Papers in Mains

9 Papers (Hindi, Essay, GS 1, GS 2, GS 3, GS 4, Optional Paper 1 & 2)

Optional Subjects Available

29 subjects (Economics is one of them)

Nature of Questions

Essay/Descriptive-type questions based on syllabus topics

Focus of Economics Paper

Tests conceptual clarity, analytical skills, and understanding of economic theories and policies

Detailed Topics in UPPSC Economics Syllabus

Below, we’ve provided the detailed topics included in the UPPSC Economics Syllabus to help candidates understand what to prepare for the Mains exam. The syllabus covers both Paper I and Paper II, focusing on key concepts, theories, and applications across microeconomics, macroeconomics, public finance, international trade, growth, and development. 

Candidates are advised to carefully review the following sections to strengthen their preparation and gain a comprehensive understanding of the subject’s scope.

UPPSC Economics Syllabus for Paper 1

UPPSC Economics Syllabus for Paper 1 focuses on microeconomics, macroeconomics, and related economic theories. It includes topics such as demand and supply analysis, market structures, national income, employment, consumption, investment, and monetary theories. 

Below, we’ve provided the complete list of topics covered under Paper 1 in detail for better preparation:

UPPSC Economics Syllabus for Paper 1

Section A

1. Equilibrium in Economics, Consumer Behaviour

Cardinal and Ordinal Approaches, Consumer

Equilibrium, Price Effect, Law Of Demand, Elasticity Of Demand And Its Types, and Consumer's Surplus.

2. Theory of Production: Production Function, Laws of Returns, Producer's, Equilibrium, Cost, Curves, and

Revenue Curves.

3. Market Structure: Price Determination under Perfect Competition, Monopoly, Monopolistic Competition,

Duopoly, and oligopoly.

4. Pricing of Factors of production: Wages. Rent, Interest & Profit, Macro Theories of Distribution

Ricardo, Marx, Kaldor.

5. Welfare Economics: Pareto Optimality, Compensation Principle Kaldor, Hicks, Scitovsky, Social Welfare Function.

6. National Income: Concept, Components and Methods, Theories of Employment, Income And Interest Rate Determination Classical, Keynesian And Post Keynesian (IS-LM)Approaches, Theories of Trade Cycles.

7. Money: Quantity Theory of Money has Various Versions (including Don Patinkin, and Milton Friedman), Theory of Money Supply, Money Multiplier, Theories of Inflation

Types & Control. 

8. Monetary and Banking System: Central Bank, Commercial Banks, Money, and Capital Markets -Functions, Creation And Control, Techniques Of Monetary Management.

1. Basic Characteristics of Under development & Indian

Economy, National Income and Per Capita Income: Pattern, Trends, Aggregate and Sectoral Composition etc. Income Inequalities and Regional Imbalances in

India.

2.Population Growth and Economic Development,

Censuses of India, Characteristics of India's Population, Demographic Dividend and Population Policy, Human Resource Development in India. Urbanisation and Economic Development in

India, Gender & Development.

3.Infrastructure and Economic Development in India

Recent Strategy & Performance, Urban Infrastructure

Development & Private Public Partnership, Energy

Sector.

Sources of Energy: Conventional and Non-Conventional Energy, Energy Crisis.

4.Natural Resources in India and Economic Development, Ecological Imbalances and Environmental Pollution, Environmental Degradation

And Measures to Control.

5.Indian Agriculture: Production and Productivity, Changes in Cropping Pattern, Institutional Reforms in Agriculture, New Agricultural Strategy, Agricultural Credit and Subsidies, Food Processing, Agricultural Price Policy, Food Security, WTO and Indian Agriculture.

6.Industrial Growth and Structure in India: Strategy of Industrialization, Privatization, Disinvestment, MSMEs, 

Industrial Policy Resolutions and Changes therein,

Foreign Capital, Technology and Growth of Indian Industry, and Labour Reforms in India.

7.Services Sector & its Development in India Its Importance & Performance, International Comparisons.

Section B

1.Monetary Institutions of India, RBI, Commercial Banks, Banking & Non-Banking Financial Institutions,

Objectives And Techniques of Monetary Policy in India, Role of RBI under New Regime, Banking In India.

2.Budgetary Trends and Fiscal Policy in India, Trend of

Major Sources of Public Revenue and Public Expenditure of the Union Government & Government

Of Uttar Pradesh. Various Deficits in the Union Budget And Fiscal Consolidation, Indian Tax Structure, GST in india,

FRBM Act, Fiscal Federalism and Centre State Financial Relations in India.

3. Foreign Trade of India Volume, Composition & Direction, Balance of Payments Position, Foreign Trade Policy & measures, Convertibility of Rupee, AgriExport Zones, SEZ etc.

4.Indian Economy & WTO Issues & Progress. Implications of TRIPs, TRIMs, GATS

Etc. on the Indian Economy, Foreign Capital in India, Fdi (Single Brand & Multi Brand), FII etc. Make

In India, Start UpsProgrammes.

5.Economic Planning in India Rationale, Performance and Evaluation, Decentralized Planning, NITI Aayog: Its Functions & Working, Relation between Planning & Market for Growth and Development, Swadeshi Approach.

6. Rural Development and Transformation in India

Various Programmes, MGNREGA, Skill Development

Programme: Mission & Achievements.

7. New Economic Policy, Second Generation Reforms, Poverty & Unemployment Nexus in India, Poverty Alleviation Programmes, Rural Wages and RuralEmployment, Progress of Economic Reforms in India, Recent Initiatives by the Union Government.

Section-B

1.Measures of Economic Development, Process of Economic Development of Developing Countries Myrdal & Kuznets.

2.Planning and Economic Development: Changing Role of Planning And Markets, Public- Private Partnership.

3. Theories Of Economic Growth Harrod & Domar Models, Lewis Model Of Development, Stages Of Growth Rostow, Balanced & Unbalanced Growth Theories.

4. Human Capital and Economic Growth, Research & Development and Economic Growth, Low-Level Equilibrium Trap, Critical Minimum Effort Thesis.

5.Public Finance: Public Goods and Externalities, Public Expenditure Theories and Effects, Theories Of Taxation, IncidEnce, Impact, And Shifting Of Taxes, Effects Of Taxation.

6. Fiscal Policy And Economic Development, Types of Budget Deficits And Their Effects on the Economy, Debt, And Its Management. Theories Of International TradeComparative

Advantage, Terms Of Trade and Offer Curve, Gains from Trade, Trade as an Engine of Growth.

8. Theories of Exchange Rate Determination, Balance of Payments Adjustment: Alternative Approaches, Free Trade vs.Protection, Tariffs and Quota, Foreign Debt And Debt Management, International Monetary and Trade Institutions.

UPPSC Economics Syllabus for Paper 2

UPPSC Economics Syllabus for Paper 2 focuses on applied and developmental aspects of economics, including Indian Economy, Public Finance, International Trade, and Economic Planning. It tests understanding of real-world policies and issues. 

Check below for the detailed list of topics covered under Paper 2 of the UPPSC Economics syllabus:

Economics: Paper II Indian Economy

Section A

Basic Characteristics of Under development & Indian

Economy National Income and Per Capita Income: Pattern, Trends, Aggregate, and Sectoral Composition, etc. Income Inequalities and Regional Imbalances in India.

2.Population Growth and Economic Development, Censuses of India, Characteristics of India's Population, Demographic Dividend and Population Policy, Human Resource Development in India. Urbanisation and Economic Development in India, Gender & Development.

3. Infrastructure and Economic Development in India

Recent Strategy & Performance, Urban Infrastructure Development & Private Public Partnership, Energy Sector. Sources of Energy: Conventional and Non-Conventional Energy, Energy Crisis.

4. Natural Resources in India and Economic Development, Ecological Imbalances and Environmental Pollution, Environmental Degradation And Measures to Control.

5. Indian Agriculture: Production and Productivity, Changes in Cropping Pattern, Institutional Reforms in Agriculture, New Agricultural Strategy, Agricultural Credit and Subsidies, Food Processing, Agricultural Price Policy, Food Security, WTO and Indian Agriculture.

6. Industrial Growth and Structure in India: Strategy of Industrialization, Privatization, Disinvestment, MSMEs, Industrial Policy Resolutions and Changes therein, Foreign Capital, Technology And Growth Of Indian Industry, and Labour Reforms In India.

7. Services Sector & its Development in India Its Importance & Performance, International Comparisons.

Section B

1. Monetary Institutions of India RBI, Commercial Banks, Banking & Non-Banking Financial Institutions, Objectives And Techniques of Monetary Policy in India, Role of RBI under New Regime, E-Banking in India.

2. Budgetary Trends And Fiscal Policy In India, Trend Of Major Sources Of Public Revenue and Public Expenditure Of The Union Government & Government Of Uttar Pradesh. Various Deficits In The Union Budget And Fiscal Consolidation, Indian Tax Structure, GST In India FRBMAct, Fiscal Federalism And Centre-State Financial Relations In India.

3. Foreign Trade of IndiaVolume, Composition & Direction, Balance of Payments Position, Foreign Trade Policy & measures, Convertibility of Rupee, Agri ExportZones, SEZ etc.

4. Indian Economy & WTO Issues & Progress, Implications Of TRIPs, TRIMs, GATS etc. on the Indian Economy, Foreign Capital in India, FDI (Single Brand & Multi Brand), FII etc. Make In India, Start Ups Programmes.

5. Economic Planning in India Rationale, Performance and Evaluation, Decentralized Planning, NITI Aayog: Its Functions & Working, Relation Between Planning & Market for Growth And Development, Swadeshi Approach.

6. Rural Development and Transformation in India Various Programmes, MGNREGA, Skill Development Programme: Mission&Achievements.

7. New Economic Policy Second Generation Reforms, Poverty & Unemployment NexusinIndia, PovertyAlleviation Programmes, RuralWages and Rural Employment, Progress of Economic Reforms in India, Recent Initiatives By The Union Government.

UPPSC Economics Exam Pattern

The UPPSC Economics Exam Pattern includes two optional papers — Economics Paper 1 and Economics Paper 2, conducted in descriptive mode. Each paper carries 200 marks and lasts for 3 hours. The questions are subjective, testing conceptual clarity and analytical skills. Check below for UPPSC Economics exam pattern:

UPPSC Economics Exam Pattern

Particulars

Details

Prelims Exam

Qualifying in nature

Main Exam Mode

Descriptive

Total Papers in Mains

8 papers (2 are optional)

Optional Subject

Economics

Number of Optional Papers

2 Papers – Economics Paper 1 and Economics Paper 2

Marks for Each Paper

200 Marks

Duration of Each Paper

3 Hours

Question Type

Subjective / Descriptive

Also check
UPPSC History Syllabus UPPSC Philosophy Syllabus
UPPCS Botany Syllabus UPPSC Mathematics Syllabus
UPPSC Hindi Literature Syllabus UPPCS Geography Syllabus

UPPCS Economics Marking Scheme

UPPCS Economics Marking Scheme explains how marks are distributed across both optional papers in the Mains exam. Each paper carries equal weightage and evaluates conceptual understanding and analytical ability. Check below for the detailed UPPCS Economics Marking Scheme and marks distribution.

  • Stage 1, i.e, the Prelims exam, is an objective-based, multiple-choice question-type exam.

  • This is subdivided into two papers, Paper 1 and Paper 2, for which the information is given in the above-mentioned paragraph.

  • For Paper 1, every right answer will be given 1.33 marks. 

  • For Paper 2, every right answer will be given 2 marks.

  • For every wrong answer, 0.33 marks will be deducted.

UPPSC Economics Syllabus Preparation Strategy

Preparing for the UPPSC Economics Syllabus requires a clear strategy and consistent effort. Aspirants should focus on understanding core concepts, linking theory with current affairs, and practicing previous year papers. Check below for a detailed UPPSC Economics Syllabus Preparation Strategy:

1. Understand the Complete Syllabus Thoroughly
Start by reading the UPPSC Economics Syllabus for Paper 1 and Paper 2 carefully. Note all major topics like microeconomics, macroeconomics, public finance, Indian economy, and international trade. This helps you identify key focus areas for effective preparation.

2. Build Conceptual Clarity in Core Topics
Focus on mastering economic theories, models, and principles. Strengthen your basics in demand-supply, market structures, national income, and fiscal and monetary policies. Clear concepts are crucial for descriptive-type questions in UPPSC Mains Economics Optional.

3. Make Topic-Wise Study Notes
Create short, structured notes for each topic in the UPPSC Economics Optional syllabus. Summarize key definitions, formulas, and economists’ viewpoints. Well-organized notes will save time during revision.

4. Refer to Standard Books and NCERTs
Study from standard books. Use NCERT Economics books (Class 11 & 12) to build strong fundamentals before moving to advanced topics.

5. Link Theory with Current Affairs
Integrate current economic issues, government policies, and budget updates with theoretical knowledge. This enhances your answer quality and shows awareness of real-world applications in UPPSC Economics Mains.

6. Practice Previous Year Papers
Solve UPPSC Economics previous year question papers to understand the exam pattern, question trends, and answer structuring style. It also helps in time management and identifying weak areas.

PW Batch for UPPSC 

Enroll in  UPPSC Online Coaching to boost you exam preperation. Our dedicated faculites are always here to support you in your journey. Our couses are designed to keep syllabus and exam pattern in mind from our educators. 

FAQs On UPPSC Economics Syllabus

What is the UPPSC Economics Syllabus for the Mains Exam?

UPPSC Economics Syllabus for Mains includes two papers: Paper 1 (Economic Theory) and Paper 2 (Applied and Indian Economy). It covers microeconomics, macroeconomics, public finance, international trade, and Indian economic planning.

How many papers are there in the UPPSC Economics Optional Subject?

There are two optional papers in the UPPSC Economics Optional subject: Paper 1 and Paper 2. Each paper carries 200 marks and has a duration of 3 hours.c

What are the important topics in the UPPSC Economics Paper 1?

The UPPSC Economics Paper 1 focuses on microeconomics, macroeconomics, demand-supply analysis, market structures, national income, employment theories, and monetary and fiscal policies.

What does the UPPSC Economics Paper 2 include?

The UPPSC Economics Paper 2 syllabus emphasizes the Indian economy, economic development, planning, public finance, international trade, and current economic issues related to India and Uttar Pradesh.
Free Learning Resources
Know about Physics Wallah
Physics Wallah is an Indian edtech platform that provides accessible & comprehensive learning experiences to students from Class 6th to postgraduate level. We also provide extensive NCERT solutions, sample paper, NEET, JEE Mains, BITSAT previous year papers & more such resources to students. Physics Wallah also caters to over 3.5 million registered students and over 78 lakh+ Youtube subscribers with 4.8 rating on its app.
We Stand Out because
We provide students with intensive courses with India’s qualified & experienced faculties & mentors. PW strives to make the learning experience comprehensive and accessible for students of all sections of society. We believe in empowering every single student who couldn't dream of a good career in engineering and medical field earlier.
Our Key Focus Areas
Physics Wallah's main focus is to make the learning experience as economical as possible for all students. With our affordable courses like Lakshya, Udaan and Arjuna and many others, we have been able to provide a platform for lakhs of aspirants. From providing Chemistry, Maths, Physics formula to giving e-books of eminent authors like RD Sharma, RS Aggarwal and Lakhmir Singh, PW focuses on every single student's need for preparation.
What Makes Us Different
Physics Wallah strives to develop a comprehensive pedagogical structure for students, where they get a state-of-the-art learning experience with study material and resources. Apart from catering students preparing for JEE Mains and NEET, PW also provides study material for each state board like Uttar Pradesh, Bihar, and others

Copyright © 2025 Physicswallah Limited All rights reserved.