UGC NET Economics Syllabus 2025, Download PDF, Check Exam Pattern

UGC NET Economics Syllabus 2025 Overview

Conducting Body

National Testing Agency (NTA)

Exam Name

UGC NET 2025

Post Category

UGC NET Economics Syllabus 2025

Posts

Assistant Professor and Junior Research Fellowship (JRF)

Exam Level

National

Exam Frequency

Twice a year (June and December)

Mode of Exam

Online

Language/Medium of Exam

English and Hindi

UGC NET Exam Date 2025

21st June to 30th June 2025

Time Duration

3 Hours

Number of Papers and Total Marks

• Paper 1: 100 Marks

• Paper 2: 200 Marks

Negative Marking

No Negative Marking

Exam Helpdesk No.

0120-6895200

Official Website

https://ugcnet.nta.nic.in/

UGC NET Economics Syllabus 2025 Unit Wise

Unit Name

Topics

Unit 1: Micro Economics

• 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, etc.

Unit 2: Macro Economics

• National Income: Concepts and Measurement

• Determination of output and employment: Classical & Keynesian Approach

• Consumption Function

• Investment Function

• Multiplier and Accelerator

• Demand for Money

• Supply of Money

• IS-LM Model Approach, etc.

Unit 3: Statistics and Econometrics

• Probability Theory: Concepts of probability, Distributions, Moments, Central Limit theorem

• Descriptive Statistics – Measures of Central tendency & dispersions, Correlation, Index Numbers

• Sampling Methods & Sampling Distribution

• Statistical Inferences, Hypothesis testing

• Linear Regression Models and their Properties – BLUE

• Identification Problem, etc.

Unit 4: Mathematical Economics

• Sets, functions, continuity, sequence, series

• Differential Calculus and its Applications

• Linear Algebra – Matrices, Vector Spaces

• Static Optimization Problems and their applications

• Input-Output Model, Linear Programming

• Difference and Differential equations with applications

Unit 5: International Economics

• International Trade: Basic Concepts and analytical tools

• Theories of International Trade

• International Trade under imperfect competition

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

• Exchange Rate: Concepts and Theories

• Foreign Exchange Market and Arbitrage

• Gains from Trade, Terms of Trade, Trade Multiplier

• Tariff and Non-Tariff barriers to trade; Dumping

• GATT, WTO, and Regional Trade Blocks; Trade Policy Issues

• IMF & World Bank

Unit 6: Public Economics

• Market Failure and Remedial Measures

• Regulation of Market – Collusion and Consumers’ Welfare

• Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes,

• Progressive and non-Progressive Taxation, Incidence and Effects of Taxation

• Public expenditure

• Public Debt and its Management

• Public Budget and Budget Multiplier

• Fiscal Policy and its Implications

Unit 7: Money and Banking

• Components of Money Supply

• Central Bank

• Commercial Banking

• Instruments and Working of Monetary Policy

• Non-banking Financial Institutions

• Capital Market and it's Regulation

Unit 8: Growth and Development Economics

• Economic Growth and Economic Development

• Theories of Economic Development: Adam Smith, Ricardo, Marx, Schumpeter, Rostow, Balanced & Unbalanced growth, Big Push approach.

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

• Technical progress – Disembodied & embodied; endogenous growth

• Indicators of Economic Development: PQLI, HDI, SDGs

• Poverty and Inequalities – Concepts and Measurement

• Social Sector Development: Health, Education, Gender

Unit 9: Environmental Economics and Demography

• Environment as a Public Good

• Market Failure

• Coase Theorem

• Cost-Benefit Analysis and Compensation Criteria

• Valuation of Environmental Goods

• Theories of Population

• Concepts and Measures: Fertility, Morbidity, Mortality

• Age Structure, Demographic Dividend

• Life Table

• Migration

Unit 10: Indian Economy

• Economic Growth in India: Pattern and Structure

• Agriculture: Pattern & Structure of Growth, Major Challenges, Policy Responses

• Industry: Pattern & Structure of Growth, Major Challenges, Policy Responses

• Services: Pattern & Structure of Growth, Major Challenges, Policy Responses

• Rural Development – Issues, Challenges & Policy Responses

• Urban Development – Issues, Challenges, and Policy Responses.

• Foreign Trade: Structure and Direction, BOP, Flow of Foreign Capital, Trade Policies

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

• Reforms in Land, Labour, and Capital Markets

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

• Poverty, Inequality & Unemployment

UGC NET Economics Exam Pattern 2025

Paper

Sections

Number of Questions

Maximum Marks

Paper 1

Teaching Aptitude, Research Aptitude, Reading Comprehension, Communication, Reasoning (including Maths), Logical Reasoning, Data Interpretation, Information & Communication Technology (ICT), People & Environment, and Higher Education System

50

100

Paper 2

Economics

100

200