Video Lectures of Crash Course for UGC NET Economics
Watch free video lectures for Crash Course for UGC NET Economics covering all chapters/topics as per the latest syllabus in 2026. These concept videos, recorded lectures, and audio notes are designed to help UGC NET students understand every topic clearly — anytime, anywhere. Start learning on EduRev.
Micro Economics
| Economics vs Economy: Mixed, Capitalist and Socialist Economy 25:40 min |  |
| Definition of Economics | What is Economics 20:46 min | |
| Economics definition | Microeconomics | Macroeconomics | Nature and scope of economics 26:16 min | |
| Product Price Determination | Demand Analysis | Supply Analysis | Marshall Law of Demand 25:58 min | |
| Change in Demand | Expansion & Contraction in Demand | Increase & Decrease in Demand 12:44 min | |
| Shift in Demand and Supply Curve | Rightward and Leftward Shift in Demand and Supply Curve 18:34 min | |
| Classical theory of income determination | Classical theory assumptions 20:28 min | |
| Consumer Surplus Basic Concept | Consumer Surplus Explained 12:44 min | |
| Construction and Manufacturing Difference 10:19 min | |
| Flow and stock variables explained | Flow and stock variables examples 14:48 min | |
| Price effect | Income effect | Substitution effect | Giffen goods 20:08 min | |
| Opportunity Cost | Opportunity Cost Explained 16:36 min | |
| Hicks and Slutsky approach of substitution effect 19:57 min | |
| Market structure | Perfect competition | Monopoly | Monopolistic competition 28:07 min | |
| Ridge lines explained | Isoclines explained 18:07 min | |
| Monopoly | Monopoly market 29:59 min | |
| Indifference curve analysis 47:55 min | |
| Engel curve explained | Engel curve analysis 25:56 min | |
| Giffen goods | Inferior goods | Normal goods | Price effect | Substitution effect 09:34 min | |
| Consumer surplus & producer surplus | Graph method | Integration method 25:23 min | |
| Producer Surplus | How to Measure Producer Surplus 17:40 min | |
| Introduction of Economics | Microeconomics Introduction 06:11 min | |
| Indifference curve | Different shapes of indifference curve | Risk and return in IC 19:27 min | |
| Substitute and Complementary Goods | Cross Elasticity of Substitute and Complementary Goods 11:51 min | |
| Elasticity of Demand | Price Elasticity of Demand | Perfect Elasticity 72:25 min | |
| Linear homogeneous production function | Homogeneous production function 18:56 min | |
| Cobb-Douglas production function 23:53 min | |
| Oligopoly market | Cournot | Collusive and non-collusive oligopoly 13:03 min | |
Macro Economics
| National income | National income definition | GDP | GNP 38:06 min | |
| National income | National income concept | GDP | GNP | NNP 36:57 min | |
| Factor income and transfer income. 22:35 min | |
| GDP | GNP | NNP | NDP 36:37 min | |
| Gva basic price and Gva factor cost | Gross value added 26:54 min | |
| Measures of National Income | National Income Estimation 28:22 min | |
| Definition of Economics | What is Economics 20:46 min | |
| Economics definition | Microeconomics | Macroeconomics | Nature and Scope of Economics 26:16 min | |
| Say's Law of Market 14:01 min | |
| Classical Theory of Income Determination. 20:28 min | |
| Classical Theory of Income and Employment 22:50 min | |
| Keynesian theory of income and employment 28:44 min | |
| Keynesian two sectors model 24:23 min | |
| Marginal efficiency of capital. 15:08 min | |
| Harrod-Domar growth model - 1 29:59 min | |
| Harrod-Domar growth model - 2 27:23 min | |
| Domar growth model 28:30 min | |
| Flow and stock variables 14:48 min | |
| World Great Depression | Causes and Outcome 16:08 min | |
| Keynesian money demand theory 25:15 min | |
| Adam Smith Growth Model | Labour Division and Specialization | Free Trade 23:08 min | |
| Foreign exchange rate | Fixed and floating exchange rate 27:47 min | |
| David Ricardo's growth model | Theory of distribution | Stationary economy 14:49 min | |
| Marx's Theory of Surplus Value | Distribution Theory 23:09 min | |
| Marx's Theory of Falling Rate of Profit | Minimum Consumption Theory 18:22 min | |
| Capital Formation | Investment and Capital Formation Difference 23:15 min | |
| Is-LM model - 1 27:31 min | |
| Is-LM model - 2 24:02 min | |
| Investment basic concept - Important MCQ 12:07 min | |
| Opportunity cost 11:44 min | |
| Macroeconomics development | Classical theory | Keynesian theory | New classical | A.W. Phillips 72:22 min | |
| Mundell-Fleming model | Mundell-Fleming trilemma 55:20 min | |
| New Keynesian economics | New classical economics 52:30 min | |
Statistics and Econometrics
| Discrete choice models | Linear probability models 18:08 min | |
| Identification problem | Simultaneous equation model 13:30 min | |
| Simultaneous equation models | Introduction 12:13 min | |
| Heteroscedasticity | Implications and Tests 20:49 min | |
| Durbin-Watson test | Testing and detection of autocorrelation 15:37 min | |
| Autocorrelation | Implications | Positive and Negative Autocorrelation 14:44 min | |
| Gauss-Markov theorem | Blue | Properties of estimators 13:40 min | |
| Multicollinearity | Remedies 13:39 min | |
| Multicollinearity | Detection and Implications 16:08 min | |
| Dummy variables in linear regression model 19:04 min | |
| Multiple linear regression | OLS | How to do linear regression 14:34 min | |
| Coefficient of determination | R-squared | Goodness of fit 23:47 min | |
| Ordinary Least Squares | Method of Least Squares | Derivation of OLS 20:22 min | |
| Assumptions of Linear Regression | Classical Linear Regression Model 22:39 min | |
| Error term | Why included in CLRM 11:44 min | |
| How to Study Econometrics | Econometrics for UGC NET 18:10 min | |
| Identification problem | Simultaneous equation model 12:36 min | |
Relation & Functions
| Relation | Digraph | Matrix representation 58:01 min | |
| Types of Relation Set 48:20 min | |
| Problems on Types of Relation | Partition of a Set 49:34 min | |
| Closure of Relation 20:40 min | |
| Warshall algorithm | Hasse diagram | Lattices 57:32 min | |
| Types of Functions 10:57 min | |
| Composite function | Recurrence relation | Pigeonhole principle 46:55 min | |
Vector Spaces
| Vector space - Concept and definition 25:14 min | |
| Vector space - General properties 24:26 min | |
| Vector subspace 27:34 min | |
| Intersection and Union of Vector Subspaces 20:12 min | |
| Concept of Linear Sum | Direct Sum & Linear Span 28:28 min | |
| Linear Independence and Dependence of Vectors 28:28 min | |
| Concept of Basis | Finite Dimensional Vector Space 42:11 min | |
| Dimension of sum of subspace 07:31 min | |
| Theorems on linear span. 43:08 min | |
| Theorems on Linear Independence & Dependence 35:41 min | |
| Existence & Dimension Theorem 41:45 min | |
| Extension Theorem | Dimension of Subspace | Existence of Complementary Space 40:55 min | |
| Dimension of Sum of Subspaces (Proof of Theorem) 39:15 min | |
| Dimension of Quotient Space (Proof of Theorem) 39:12 min | |
| Linear transformation & its properties 25:27 min | |
| Kernel of a vector space homomorphism. 30:44 min | |
| Isomorphism of vector spaces 34:54 min | |
| Fundamental theorem of vector space homomorphism. 30:03 min | |
| Matrix Representation of Linear Transformation 47:53 min | |
| Inverse of linear transformation 26:28 min | |
| Rank nullity theorem 35:46 min | |
| Invertible | Singular & Nonsingular Linear Transformation 26:41 min | |
| Numerical questions on Rank-Nullity Theorem. 44:14 min | |
| Eigen value & vector of linear transformation 23:23 min | |
| Numerical problem on eigen values and vectors. 32:43 min | |
| Numerical problems on eigenvalues and eigenvectors of matrices 46:06 min | |
| Vector Space/Metrics Theory | Diagonalization of Matrices 23:36 min | |
Matrices
| Linear (Matrix) Algebra | An Introduction 02:45 min | |
| Linear (Matrix) Algebra | How to Transpose a Matrix 03:03 min | |
| Adding and Subtracting Matrices 04:09 min | |
| Scalar multiplication 01:33 min | |
| Vector multiplication 02:07 min | |
| Matrix Multiplication - 1 05:08 min | |
| Matrix multiplication - 2 10:44 min | |
| Identity matrix 03:29 min | |
| Gaussian method of solving systems of equations 07:15 min | |
| How to solve determinant of 3 x 3 matrix 03:25 min | |
| How to Calculate a Determinant the Easy Way (3 x 3 Matrix) 02:44 min | |
| How to solve for inverse matrix. 06:22 min | |
| Please solve the inverse matrix for a 3 x 3 matrix. 05:47 min | |
| Solving linear equations with inverse matrix 05:17 min | |
| Jacobian determinant 04:14 min | |
Input-Output Model
| Input-output model 15:38 min | |
Linear Programming
| Linear programming | LPP 44:38 min | |
| How to solve questions of linear programming | Iso profit method 39:47 min | |
| Questions of Linear Programming | LPP 32:18 min | |
| Simplex method | Linear programming 59:59 min | |
| Big M method | Simplex method | Linear programming 38:48 min | |
| Two-phase Method | Simplex Method | LPP | Operations Research 31:08 min | |
| No feasible solution | Big-M method | LPP | Operations Research 19:49 min | |
| Two-phase method | No feasible solution | Simplex method | Linear programming 19:25 min | |
| Primal to dual conversion | Duality in linear programming | LPP 29:41 min | |
| Dual Simplex Method | LPP | Operations Research 24:50 min | |
| North west corner method | Transportation problem | LPP | Operations research 29:47 min | |
| Unbalanced transportation problem | North West Corner Method 15:36 min | |
| Least Cost Method | Transportation Problem | LPP | Operations Research 19:02 min | |
| Vogel's approximation method | Transportation problem | Linear programming 37:42 min | |
| Modi method | Transportation problem | Linear programming 59:08 min | |
| Degeneracy | Modi method | Transportation problem | Linear programming 28:59 min | |
| Maximization | Transportation problem | Linear programming 24:09 min | |
| Assignment problem Hungarian method | Linear programming 57:06 min | |
| Assignment problem unbalanced Hungarian method | Linear programming. 43:40 min | |
| Assignment problem multiple solutions Hungarian method | Linear programming. 38:25 min | |
| Assignment Problem | Maximization | Linear Programming 32:17 min | |
| Restricted assignment problem | Linear programming 19:41 min | |
| Travelling Salesman Problem | Assignment Problem | Linear Programming 34:15 min | |
| Game theory | Saddle point | Operations research 43:40 min | |
| Game theory | Mixed strategy | Dominance rule | Operations research 37:09 min | |
| Game theory | Short-cut method | Operations research 12:46 min | |
Sequence and Series
| Infinite Series | Sequences & Series| How to check the covergence 33:25 min | |
| Past Year Exam: Sequence & Series 33:06 min | |
| Ratio's Test, Cauchy's Test 27:19 min | |
| Important Questions: Sequences 18:38 min | |
Coordinate Geometry
| Co-ordinate geometry - 1 32:29 min | |
| Co-ordinate geometry - 2 37:46 min | |
| Co-ordinate geometry - 3 40:07 min | |
| Co-ordinate geometry Practice Questions - 1 23:53 min | |
| Co-ordinate geometry Practice Questions - 2 23:24 min | |
| Co-ordinate geometry Practice Questions - 3 21:33 min | |
Difference and Differential Equations with Applications
| Differential Calculus | Rolle's Theorem 56:19 min | |
| Differential Calculus | LMVT 17:38 min | |
| Taylor's and Maclaurins Theorem 71:32 min | |
| Expansion of Function Using Standard Expansions - 1 39:06 min | |
| Expansion of Function Using Standard Expansions - 2 51:16 min | |
| Indeterminate Forms | L' Hospital Rule 52:20 min | |
International Economics
| Balance of Payment Definition | Balance of Payment Explained 27:07 min | |
| Is the Balance of Payment always balanced? 21:25 min | |
| Balance of Payment Structure | Current Account and Capital Account | Trade Balance 19:20 min | |
| Balance of Trade | Current Account Deficit | Current Account Surplus 27:44 min | |
| Balance of Payment Conclusions | Best of Balance of Payment 26:14 min | |
| How to Correct Disequilibrium in Balance of Payment | BOP Corrective Measures 21:41 min | |
| Currency devaluation explained | Devaluation and depreciation of currency | Revaluation 21:55 min | |
| Devaluation effect on economy | Depreciation effect on export & import 27:27 min | |
| Marshal-Lerner condition | J curve effect | Marshal-Lerner condition for devaluation 20:39 min | |
| How exchange rate changes | Dollar ki value kaise change hoti hai | Dollar appreciation 17:08 min | |
| Ner | Neer | Rer | Reer | Nominal exchange rate | Real exchange rate 20:27 min | |
| Bop Theory of Exchange Rate Determination | Modern Theory of Exchange Rate Determination 26:19 min | |
| Exchange rate | Flexible and fixed exchange rate | Managed float system 27:47 min | |
| Purchasing Power Parity | PPP Theory for Exchange Rate Determination 25:53 min | |
| Foreign Direct Investment | Foreign Portfolio Investment | FDI and FPI: Basic Difference 24:00 min | |
| Foreign Capital & Foreign Investment | FDI and FPI | Need for Foreign Capital in LDCs 20:55 min | |
| Capital Account Convertibility | S.S. Tarapore Committee | Meaning of Currency Convertibility 20:49 min | |
| Currency Convertibility | Rupee Convertibility | Current Account Convertibility | Capital Account Convertibility 25:09 min | |
| Fdi in Retail Sector | Single Brand and Multi Brand Fdi 22:33 min | |
| Foreign direct investment | Greenfield & Brownfield FDI | Vertical & Horizontal FDI 22:54 min | |
| FDI and Mauritius Route | Mauritius FDI Inflow in India | Double Tax Avoidance Treaty 09:13 min | |
| MCQ on Foreign Direct Investment 12:00 min | |
| Round tripping | Treaty shopping | Double tax avoidance agreement | Round tripping meaning 11:18 min | |
| How IMF provides financial support to member nations | Monetary support by IMF to LDCs 12:07 min | |
| International Monetary Fund | IMF Objective and Functions | IMF and IBRD 29:18 min | |
| Bretton Woods Agreement | Bretton Woods System | IMF | IBRD | Bretton Woods System Collapse 26:48 min | |
| Special Drawing Rights (SDR) | Functions of SDR | SDR and IMF 19:55 min | |
| Most Favored Nations Clause | WTO Basic Principles | WTO and India 25:37 min | |
| General Agreement on Trade in Services | WTO and GATS | WTO and Services Trade | GATT and GATS 27:14 min | |
| Agreement on Agriculture | Green Box and Blue Box Subsidy | Amber Box Subsidy | WTO and AOA 29:53 min | |
| Heckscher-Ohlin theory | Heckscher-Ohlin factor abundance theory 24:13 min | |
| Non-Agricultural Market Access | NAMA | TRIMS | WTO and NAMA | Swiss Formula 16:55 min | |
| Leontief paradox | Leontief paradox and Heckscher-Ohlin theory | Leontief research 21:25 min | |
| Optimum Tariff Explained | Offer Curve & Tariff Imposition 25:17 min | |
| Tariff Concept and Effect | Partial and General Effect of Tariff 29:59 min | |
| Tariff Effect Analysis | Tariff Partial Effect | Tariff and Terms of Trade 17:28 min | |
| Mundell Fleming Model | NET JRF Economics | Mundell Fleming Trilemma 55:20 min | |
| Rupee depreciation | Current economy 15:48 min | |
| Absolute and Comparative Advantage Theory of International Economics 18:26 min | |
| Heckscher-Ohlin model | Physical and price criteria | Factor endowment 11:18 min | |
| Indian economy | FDI and FPI difference | FDI in single brand and multi brand 14:36 min | |
Public Economics
| Budget Explained | Annual Financial Statement | Budget Concept 24:07 min | |
| Revenue and Receipts Explained | Receipts in Budget | Difference between Revenue and Receipts 14:35 min | |
| Revenue and Capital Budget Explained 24:21 min | |
| Tax Impact and Incidence Explained | Tax Incidence 22:33 min | |
| Revenue receipts | Tax and non-tax revenue | Direct tax and indirect tax 29:53 min | |
| Laffer Curve Explained | Laffer Curve Characteristics 15:50 min | |
| Method of Taxation | Progressive | Regressive | Proportionate | Degressive 27:14 min | |
| Cess and Surcharge Explained | Cess & Surcharge Difference | Cess & Surcharge Calculation 17:37 min | |
| Tax, Fees, and Duty Explained | Tax, Fees, and Duty Difference 11:55 min | |
| Introduction of Union Budget | Revenue Budget | Capital Budget 29:29 min | |
| Tax Expenditure Explained | Tax Expenditure Concept 14:21 min | |
| Capital receipt in budget | Capital budget | Public finance 20:14 min | |
| Capital expenditure explained | Capital expenditure in budget 21:43 min | |
| Budget Deficit Concept and Measurement | Budget Related Issues 19:20 min | |
| Revenue expenditure in budget. 20:35 min | |
| Introduction of Public Finance | Meaning and Scope of Public Finance | Public and Private Finance 25:40 min | |
| Public goods | Private goods | Mixed goods | Merit goods in public finance. 21:54 min | |
| Budget 2021 Full Analysis 23:21 min | |
| Budget basic concept 29:29 min | |
| Budget and Economic Survey: Basic Difference 12:41 min | |
| Fiscal deficit explained | Fiscal deficit and primary deficit. 25:35 min | |
| Primary Deficit Explained | Fiscal Deficit and Primary Deficit 14:40 min | |
| Fiscal policy explained | Objectives and instruments of fiscal policy 21:39 min | |
| Deficit financing explained. 19:38 min | |
| Budget deficit explained | Capital deficit | Fiscal deficit 29:24 min | |
| Fiscal deficit | Gross fiscal deficit | Net fiscal deficit | Impact of fiscal deficit 21:38 min | |
| Value Added Tax | VAT | MODVAT | CENVAT 23:27 min | |
| Goods and Services Tax | GST | Basic Concept of GST 29:46 min | |
| Fiscal consolidation | Fiscal consolidation in India | Fiscal reform 21:09 min | |
| FRBM Act | Fiscal Responsibility & Budget Management Act | FRBM Act 2003 18:46 min | |
| Will income tax be abolished from Budget 2022? | Expenditure tax. 13:58 min | |
| Economic Survey 2021-22 | Budget 2022-23 | Difference in Budget and Economic Survey 10:32 min | |
Money and Banking
| Qualitative Credit Control and Margin Requirements 10:27 min | |
| Repo Rate and Reverse Repo Rate 11:25 min | |
| RBI and Its History 14:22 min | |
| Organization and Management of RBI 15:24 min | |
| Monetary Policy Committee 10:15 min | |
| Credit Control by RBI 10:38 min | |
| Cash Reserve Ratio (CRR) 13:18 min | |
| Open Market Operations 10:26 min | |
| Statutory Liquidity Ratio (SLR) 09:29 min | |
| Components of Money Supply 10:51 min | |
| Money Supply and Money 12:07 min | |
Growth and Development Economics
| Adam Smith Growth Model | Adam Smith Labour Division and Specialization | Adam Smith Free Trade 23:08 min | |
| David Ricardo growth model | David Ricardo theory of distribution | Stationary economy 14:49 min | |
| Marx's theory of surplus value | Marx's distribution theory 23:09 min | |
| Harrod-Domar growth model - 1 29:59 min | |
| Harrod-Domar growth model - 2 27:23 min | |
| Domar Growth Model 28:30 min | |
| Solow growth model equilibrium. 29:59 min | |
| Solow steady state growth. 29:59 min | |
| Solow convergence theory 16:19 min | |
| Capital Formation | Investment and Capital Formation Difference 23:15 min | |
| AK Model of Growth | Endogenous Growth Model | New Growth Model 21:36 min | |
| Golden rule of capital accumulation. 15:15 min | |
Indian Economy
| Indian economy | Overview 08:02 min | |
| GDP and Related Concept - 1 62:07 min | |
| GDP and Related Concept - 2 51:04 min | |
| Banking & Finance | Money Market 48:29 min | |
| NPA | Stressed Asset | Write Off | Provisioning | Sub-standard Asset 64:25 min | |
| Basel Norms | Capital Adequacy Ratio (CAR) | Leverage Ratio | LCR 53:13 min | |
| Basel norms 1, 2, 3 | Capital Adequacy Ratio (CAR) | Leverage Ratio | Liquidity Coverage Ratio 31:44 min | |
| Indian banking sector history | DSIB | Money multiplier & supply 43:17 min | |
| Truth of V-Shaped GDP Recovery | How to Analyze GDP Data | Budget 2021-2022 & Economic Survey 2021 15:09 min | |
| Government budget & fiscal policy 33:59 min | |
| Budget estimates 2021-22 & fiscal policy 41:10 min | |
| Taxation system - Direct tax. 61:30 min | |
| Direct Tax & Miscellaneous Tax 53:53 min | |
| Indirect tax, GST & custom duty 66:12 min | |
| Finance Commission. 54:10 min | |
| Inflation & Its Different Types 53:41 min | |
| Measuring & Fighting Inflation | CPI | WPI | IIP 42:53 min | |
| Capital market | Shares | Bonds | Debentures 46:45 min | |
| Share/equity market | Capital market 44:25 min | |
| Debt market | Capital market 54:50 min | |
| Mutual fund | Hedge fund | Venture capital | Angel investors 26:39 min | |
| Open economy | trade | import | export | Indian economy 49:04 min | |
| Exchange rate determination | FERA 1976 & FEMA 1999 53:08 min | |
| Balance of Payment | Current Account | Capital Account 49:29 min | |
| Foreign investment | FDI | FPI & BOP crisis in India 52:30 min | |
| Poverty & Unemployment 49:55 min | |
| Important Government Schemes 21:00 min | |
| Unemployment rate | NSSO methodology 48:25 min | |
| India's employment situation. 44:38 min | |
| Poverty & Its Estimation in India 59:49 min | |
| Poverty | Tendulkar & Rangarajan Committee 58:06 min | |
| Poverty | Employment Generation Programmes & Subsidies 64:18 min | |
| Cryptocurrency | Blockchain technology | Stable coins 23:58 min | |
| Budget 2022-23 & Economic Survey 2022 - In-depth Analysis 03:02 min | |
| UPSC CSE Prelims 2022 | Economy | Prelims Paper Analysis & Discussion 34:16 min | |
| Most comprehensive economy course for UPSC-CSE 2023 (Pre + Mains) 12:38 min | |
| Most Comprehensive Economy Course for UPSC-CSE 2024 (Prelims + Mains) 72:11 min | |
| Growth vs. Development | Equality vs. Equity | Information vs. Knowledge 09:11 min | |
| Economy Mains Answer Writing | Art of Answer Writing 20:39 min | |
| Upcoming UPSC Prelims 2023 Economy Analysis 07:06 min | |
| Most comprehensive economy course 2024 and mains 2023. 21:22 min | |
| What is DTAA (Double Taxation Avoidance Agreement)? 11:55 min | |
| Aspirant to IAS Mentorship Program 2024 (Pre + Mains) 08:29 min | |
| Economy course for UPSC Prelims 2024. 10:34 min | |
| Aspirant to IAS Prelims Mentorship Program UPSC-PRE 2024. 09:57 min | |
| Economy course for UPSC Prelims 2024. 11:38 min | |
