There are several important theories and models that candidates should focus on while preparing for the UGC NET Exam in the subject of Economics. These theories and models provide a foundation for understanding various economic concepts and principles. Here are some of the key ones:

1. Classical Economics: This theory, developed by economists like Adam Smith and David Ricardo, emphasizes the role of free markets and individual self-interest in determining economic outcomes.

2. Keynesian Economics: This theory, developed by John Maynard Keynes, focuses on the role of government intervention in stabilizing the economy and promoting economic growth.

3. Neoclassical Economics: This theory builds upon classical economics and emphasizes the importance of rational decision-making, market equilibrium, and efficient allocation of resources.

4. Monetary Economics: This branch of economics studies the role of money in the economy, including topics like monetary policy, inflation, and central banking.

5. Development Economics: This field of study focuses on understanding the economic development of countries and regions, including factors like poverty, inequality, and sustainable development.

6. International Economics: This branch of economics examines the economic interactions between countries, including topics like international trade, foreign direct investment, and exchange rates.



When it comes to the subject of Psychology in the UGC NET Exam, there are several important theories and models that candidates should focus on. These theories provide a framework for understanding human behavior and mental processes. Here are some key ones to study:

1. Piaget's Theory of Cognitive Development: This theory focuses on how children develop their thinking and understanding of the world as they grow. It includes stages such as sensorimotor, preoperational, concrete operational, and formal operational.

2. Freud's Psychoanalytic Theory: Developed by Sigmund Freud, this theory emphasizes the role of the unconscious mind and the importance of early childhood experiences in shaping personality and behavior.

3. Behaviorism: This school of thought, led by psychologists like B.F. Skinner, focuses on observable behavior and the influence of reinforcement and punishment in shaping behavior.

4. Social Learning Theory: Developed by Albert Bandura, this theory emphasizes the importance of observational learning and the role of social factors in shaping behavior.

5. Cognitive-Behavioral Therapy (CBT): This therapeutic approach combines elements of cognitive and behavioral psychology to help individuals identify and change negative thought patterns and behaviors.

6. Humanistic Psychology: This approach, associated with psychologists like Abraham Maslow and Carl Rogers, emphasizes the importance of self-actualization and personal growth in individuals.

By focusing on these theories and models, candidates can gain a solid understanding of the core concepts and principles in economics and psychology, which will be beneficial for the UGC NET Exam.