Syllabus for Humanities/Arts Economics Practice Tests: CUET Preparation
Part A - Indian Economy:
1. Economic Development in India:
- Historical perspective of Indian economy
- Economic planning in India
- Economic reforms and liberalization
- Sustainable development and inclusive growth
2. National Income and Related Aggregates:
- Concepts of national income
- Measurement of national income
- Gross Domestic Product (GDP)
- Gross National Product (GNP)
- Net National Product (NNP)
- Per capita income
3. Poverty and Unemployment:
- Causes and consequences of poverty
- Measurement of poverty
- Anti-poverty programs in India
- Types and measurement of unemployment
- Government schemes for employment generation
4. Agriculture and Rural Development:
- Importance of agriculture in the Indian economy
- Agricultural practices and productivity
- Land reforms and agricultural policies
- Rural development programs and initiatives
5. Industry and Infrastructure:
- Industrial development in India
- Industrial policy and licensing
- Small-scale industries and entrepreneurship
- Infrastructure development and challenges
Part B - Introductory Macroeconomics:
1. Introduction to Macroeconomics:
- Basic concepts of macroeconomics
- Circular flow of income and expenditure
- National income accounting
2. Money and Banking:
- Functions and types of money
- Central banking and monetary policy
- Commercial banking and credit creation
- Money supply and inflation
3. Government Budget and the Economy:
- Budgetary process in India
- Components of government budget
- Fiscal policy and its objectives
- Public debt and its management
4. International Trade and Balance of Payments:
- Theory of comparative advantage
- Balance of payments accounts
- Exchange rate determination
- Trade policies and their impact
Part C - Introductory Microeconomics:
1. Introduction to Microeconomics:
- Basic concepts of microeconomics
- Demand and supply analysis
- Elasticity of demand and supply
2. Consumer Behavior and Demand:
- Utility analysis and consumer equilibrium
- Indifference curve analysis
- Demand function and determinants of demand
- Price elasticity of demand
3. Producer Behavior and Supply:
- Production function and cost curves
- Profit maximization and perfect competition
- Market structure and pricing decisions
- Price elasticity of supply
4. Market Equilibrium and Welfare Economics:
- Market equilibrium and efficiency
- Market failures and government intervention
- Public goods and externalities
- Income distribution and social welfare
Mock Test Series:
- Comprehensive mock tests covering all topics
- Timed practice sessions to simulate exam conditions
- Detailed explanations and solutions for each question
- Performance analysis and feedback for improvement
Note: All materials and resources provided in this syllabus are for educational purposes only and should not be used for any commercial or promotional purposes.
This course is helpful for the following exams: Commerce, Humanities/Arts, CUET, CUET Commerce, CUET Humanities