UGC NET Economics Syllabus 2024: Revised Chapter Wise Topics, Pattern, Free PDF & More

University Grants Commission National Eligibility Test 2024 ( UGC NET )

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Shikha
Shikha Goyal
Assistant Manager
Updated on Aug 12, 2024 12:04 IST

NTA (National Testing Agency) is going to conduct the UGC NET 2024 June session re-exam from August 21 to September 4, 2024 at several centres across the country. Candidates can read the latest economics syllabus for the UGC NET 2024 in the article below. 

UGC NET Latest Syllabus, UGC NET Exam, UGC NET, NET JRF

UGC NET Latest Economics Syllabus

UGC NET Economics Syllabus: The UGC NET 2024 June session re-exam will be conducted from August 21 to September 4, 2024. This article discusses the latest UGC NET Economics syllabus 2024 for the upcoming UGC NET June Cycle exam. The UGC NET Economics syllabus 2024 covers Applied Economics, Demography, Business Administration, Cooperation, Development Economics, Development Planning, Development Studies, Econometrics, Rural Economics, Micro and Macro Economics, etc 

The University Grant Commission National Eligibility Test (UGC NET) is a national-level test administered twice a year by the National Testing Agency (NTA) for candidates seeking lecturer/JRF positions in Indian colleges/universities. The UGC NET 2024 offers 83 subject options based on your degree and preferences. Economics subject code is 01.  

Q:   What is the section-wise weightage of Paper 1 and Paper 2 in the UGC NET exam?

A:
The UGC NET exam consists of two papers- Paper 1 and Paper 2. The section-wise weightage of each paper is as follows: Paper 1: a)Teaching Aptitude: 5 questions (10 marks) b)Research Aptitude: 5 questions (10 marks) c)Reading Comprehension: 5 questions (10 marks) d) Communication: 5 questions (10 marks) e)Reasoning (including Mathematical): 5 questions (10 marks) f) Logical Reasoning: 5 questions (10 marks) g) Data Interpretation: 5 questions (10 marks) h) Information and Communication Technology (ICT): 5 questions (10 marks) I) People and Environment: 5 questions (10 marks) j) Higher Education System: 5 questions (10 marks) The total marks for Paper 1 are 100. Paper 2: The UGC NET Paper 2 is subject-specific, and the section-wise weightage varies according to the subject. Paper 2 consists of 100 multiple-choice questions, each carrying 2 marks. The total marks for Paper 2 are 200. In Paper 2, most of the questions are asked from the core subject, while a few questions may be asked from related subjects. The questions are designed to test the in-depth knowledge and understanding of the subject by the candidate. Therefore, the section-wise weightage of the UGC NET exam varies according to the paper and subject. It is important for candidates to go through the UGC NET syllabus for their subject and prepare accordingly to score well in the exam.

Q:   What is the marking scheme of UGC NET exam?

A:
The marking of the UGC NET exam has been given below for the candidates. Following the marking scheme for the UGC NET exam the candidates who are willing to appear in the UGC NET exam can understand the exam pattern and prepare for the exam well. The marking will also help the candidate to count the probable scores from the UGC NET provisional answer key that is released by the National Testing Agency (NTA): a)Correct answer: 2 b) Incorrect answer: No negative mark c) Unanswered/marked for review: 0 (no marks given) d) Incorrect or ambiguous question/has multiple correct answers: 2 to those who have chosen one of the correct answers. E) Incorrect or dropped questions: 2 to those who have attempted the question.

Q:   What is the use of UGC NET exam analysis?

A:
UGC NET exam analysis is the process of examining the UGC NET exam paper to identify the overall difficulty level, the type of questions asked, and the areas from which the questions were asked. Exam analysis is useful for both the candidates who have appeared for the exam and those who are preparing for it in the future. Here are some uses of UGC NET exam analysis: a) Understand the exam pattern: Exam analysis helps the candidates to understand the exam pattern and the type of questions that are asked in the exam. This helps them to prepare better and focus on the important topics and subtopics. B) Identify the difficulty level: Exam analysis helps the candidates to identify the overall difficulty level of the exam and the difficulty level of individual sections. This helps them to understand their performance and identify areas where they need to improve. C) Identify important topics: Exam analysis helps the candidates to identify the important topics and subtopics that are frequently asked in the exam. This helps them to prioritize their preparation and focus on the topics that are more likely to be asked in the exam. D) Plan future preparation: Exam analysis helps the candidates to plan their future preparation based on the areas where they need to improve. It also helps them to identify their strengths and weaknesses and work on them accordingly. E) Provide feedback to coaching institutes: Exam analysis helps coaching institutes to understand the difficulty level of the exam and the areas from which the questions were asked. This helps them to improve the quality of their coaching and provide better guidance to the candidates. In summary, UGC NET exam analysis is useful for both the candidates who have appeared for the exam and those who are preparing for it in the future. It helps them to understand the exam pattern, identify the difficulty level, prioritize their preparation, plan future preparation, and provide feedback to coaching institutes.

Also Read: UGC NET 2024 City Slip & Admit Card Live Updates

UGC NET Economics Exam Pattern 2024

To better understand the syllabus the exam pattern has been given below for ease. Candidates should know that the test will continue without interruptions or short breaks from Paper-I to Paper II unless an emergency or technical failure occurs. 

Highlights 

UGC NET Paper-I 

UGC NET Paper-II 

Test Mode 

Offline

Duration of test 

3 hours (180 minutes) 

Paper Type 

Common 

Subject Specific/Preference-based questions 

Questions Type 

Multiple Choice Questions (MCQ)s 

No of Questions 

50 

100 

Mark in Total 

100 

200 

Marking Scheme 

2 marks for each accurate solution, no negative marking 

Language medium 

English & Hindi 

Also Read:

UGC NET Economics Syllabus 2024

The UGC NET exam has two papers that are taken in offline mode (pen paper-based). Paper 1 is the general paper that consists of 50 multiple-choice questions worth 2 marks each. Paper 2 subject specific i.e, Economics, consists of 100 questions worth 2 marks each. Candidates should study and understand the exam pattern before downloading the UGC NET Economics syllabus in PDF format. The UGC NET exam will continue for a 3-hour session, so there will be no breaks between paper 1 and paper 2 exams. Candidates should cover all significant units of the NTA UGC NET Economics Syllabus below. Candidates should cover all major topics in each unit:

  • Micro Economics 
  • Macro Economics 
  • Statistics and Econometrics 
  • Mathematical Economics 
  • International Economics 
  • Public Economics 
  • Money and Banking 
  • Growth and Development Economics 
  • Environmental Economics and Demography 
  • Indian Economy 

Also Read:

UGC NET Economics Detailed Syllabus 2024  

The candidates who are going to appear for the upcoming UGC NET June cycle must go through the table below to know the detailed syllabus for UGC NET Economics: 

UGC NET Economics Syllabus 

Unit 1: Micro Economics 

Theory of Consumer Behavior. 

Decision-making under uncertainty attitude towards risk. 

Factor Pricing. 

Theory of Production and Costs. 

General Equilibrium Analysis. 

Unit 2: Macro Economics 

National Income: Concepts and Measurement 

Consumption Function 

Determination of output and employment 

Investment Function 

Inflation and Phillips Curve Analysis 

Unit 3: Statistics and Econometrics 

Probability Theory 

Sampling methods & Sampling Distribution 

Linear Regression Models and their properties 

Statistical Inferences, Hypothesis testing 

Descriptive Statistics 

Unit 4: Mathematical Economics 

Differential Calculus and its Applications 

Static Optimization Problems and their applications 

Difference and Differential equations with applications 

Sets, functions, and continuity, sequence, series 

Linear Algebra–Matrices, Vector Spaces 

Unit 5: International Economics 

International Trade: Basic concepts and analytical tools 

Theories of International Trade 

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

International Trade under imperfect competition 

Exchange Rate: Concepts and Theories 

Unit 6: Public Economics 

Market Failure and Remedial Measures 

Regulation of Market 

Public Budget and Budget Multiplier 

Public Debt and its management 

Fiscal Policy and its implications 

Unit 7: Money and Banking 

Components of Money Supply 

Capital Market and its Regulation 

Commercial Banking 

Instruments and Working of Monetary Policy 

Non-banking Financial Institutions 

Unit 8: Growth and Development Economics 

Economic Growth and Economic Development 

Theories of Economic Development 

Indicators of Economic Development 

Models of Economic Growth 

Technical progress 

Unit 9: Environmental Economics and Demography 

Concepts and Measures: Fertility, Morbidity, Mortality 

Age Structure, Demographic Dividend 

Cost-Benefit Analysis, and Compensation Criteria 

Valuation of Environmental Goods 

Market Failure 

Unit 10: Indian Economy 

Economic Growth in India: Pattern and Structure 

Indian Finance Commissions and Centre-State Financial Relations; FRBM 

Reforms in Land, Labour, and Capital Markets 

Poverty, Inequality & Unemployment 

Infrastructure Development 

UGC NET Economics Paper 2 Syllabus PDF 2024

The candidates who have applied for the UGC NET June cycle exam for Economics can download the syllabus in PDF format. The link for the PDF has been given below. The candidates can check the UGC NET Economics Paper 2 syllabus to make a strategy for preparing before taking the exam.

Q:   What is the latest exam pattern for UGC NET 2024 exam?

A:

The UGC NET 2024 exam pattern is outlined in the official notification by the NTA. It consists of two papers: Paper 1 and Paper 2. The duration of the exam is three hours, Both papers consist of objective type multiple-choice questions (MCQs), totaling 150 questions across both papers. Each question weightage is two marks. There is no negative marking for incorrect answers. 

UGC NET Paper 2 Economics Syllabus PDF: Click Here  

Best Book of UGC NET Economics Syllabus 2024 

The best tip and trick stick to the correct book list. Studying the best UGC NET Economics books can help the candidates to score maximum marks in the exam.  

The list of the books has been given below for the candidates: 

  • Sundar Gopal Mishra, UGC NET/SET (JRF & LS) (Arihant books) 
  • Dr. Sanjay Kumar NTA, UGC NET Economics Paper-II Economics for UGC NET: Trueman's 
  • Fifth Edition of Macroeconomic Analysis by Edward Shapiro 
  • B.L. Agarwal FOR programmer of statistics. 
  • Anna Koutsoyiannis, Micro Economics (2nd), and V. K. Puri and S. K. Mishra, Indian Economy 
  • S.K. Singh's Public Finance in Theory and Practice 
  • Economics Paper-II for the UGC NET: Rakesh Kumar Roashan and Ritu Batra 
  • Geoffrey Reed and Bo Sodersten discuss international trade. 

 Read More:  

UGC NET Economics Syllabus FAQs

Q: How many units are included in the UGC NET Economics syllabus?

A: The UGC NET Economics syllabus comprises 10 units. The list of the units has been given below for the candidates:
  • Micro Economics 
  • Macro Economics 
  • Statistics and Econometrics 
  • Mathematical Economics 
  • International Economics 
  • Public Economics 
  • Money and Banking 
  • Growth and Development Economics 
  • Environmental Economics and Demography 
  • Indian Economy 

Q: Best microeconomics books for UGC NET?

A: The list of the best books has been given below for the candidates. The candidates can go through the book list to know the best book available in the market:
  • Advanced Economic Theory by H.L. Ahuja
  •  Public Finance by H.L Bhatia
  • Modern Banking by R.S Sayers
  • Macro Economics Analysis by Edward Shapiro
  • Indian Economy by R. Dutt
  • KPM Sundaram
  • National Income Accounting by Bakerman

Q: Is UGC NET Easy to Crack?

A: The UGC NET exam is tough to crack as it is a national level exam. However, the candidates preparing with dedication can crack the exam easily. The upcoming the UGC NET exam going to be conducted from February 21 to March 10, 2023. The candidates who have prepared for the upcoming exam for a specific time dedicately can qualify for the UGC NET/JRF exam.

Q: Will there be an interview after NET?

A: After qualifying for the UGC NET exam, the candidate should prepare for the lectureship and JRF interview. Many institutions/universities conduct UGC NET rounds of interviews to recruit suitable candidates for JRF and Assistant Professor positions. 

Q: Are 2 months for UGC NET enough?

A: The UGC NET exam is a national-level exam. Although the exam level is high and the preparation period of 2 months is relatively short, students can still take on the challenge. To qualify for the UGC NET exam in 2-3 months, students start by reviewing questionnaires from the last 5-6 years.

Q: Is UGC NET certificate mandatory to get admission as PhD scholar?

A: Many universities require a UGC NET certificate as an essential requirement for a PhD. Some universities conduct entrance examinations to select doctoral candidates. Universities conducting admissions exams do not require the UGC NET certificate as a mandatory requirement.
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Shikha Goyal
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Shikha Goyal is an author with expertise in various domains, especially engineering. She has postgraduate degrees in Mathematics as well as Mass Communication and Journalism. She has devoted her life to helping stud... Read Full Bio

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Hello Sandeep, You can find the NET 2024 paper for Chemical subject on the website of Shiksha . For your help, here I'm attaching a Shiksha's website link where you can find NET 2024 paper for Chemistry subject. Kindly refer this link 

https://www.shiksha.com/sarkari-exams/articles/csir-net-2024-chem

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Solve UGC NET Previous year question papers continuously for revising your whole syllabus and you can know your status of preparation so far you can follow youtube and Telegram there is so many free study materials are also available. The areas where is need improvement, study and make

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The UGC NET 2024 exam was conducted from August 21 to September 4, 2024. The authority successfully conducted the UGC NET 2024 June session exam at various centres across the country. 

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The authority cancelled the UGC NET 2024 June exam Shift 1 held on August 27, 2024, at Shankara Group of Institutions, Sp-41, RIICO Industrial Area, Kukas, National Highway 11C, Kukas, Jaipur, Rajasthan, India. Due to technical glitches, the UGC NET 2024 exam was not conducted in CBT mode. The NTA w

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