UGC NET Economics Syllabus 2025: June Session Chapter Wise Topics, Pattern, Free PDF & More

University Grants Commission National Eligibility Test 2025 ( UGC NET )

Shikha
Shikha Goyal
Assistant Manager
Updated on Jun 17, 2025 12:13 IST
NTA UGC NET Economics' latest syllabus has been discussed in the article. The candidates can read the article to learn about the different units of the economics syllabus, exam pattern, and more. The UGC NET 2025 June exam is scheduled from June 25 to 29, 2025. Check the UGC NET Economics latest syllabus and more in the article.

The National Testing Agency (NTA) will conduct the UGC NET 2025 June sessione exam from June 25 to June 29, 2025 at various centres across the country. Scroll down for the latest economics syllabus for the UGC NET 2025.

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

UGC NET Latest Economics Syllabus

UGC NET Economics Syllabus: The authority will conduct the UGC NET 2025 June session exam from June 25 to 29, 2025. Here, we have discussed the latest UGC NET Economics syllabus 2025 for the upcoming UGC NET June Cycle exam. The UGC NET Economics syllabus 2025 covers Micro, Macro, Statistics and Econometrics, Mathematical Economics, International Economics, Public Economics, Money and Banking, Growth and Development Economics, Environmental Economics and Demography, and Indian Economy. 

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 2025 December session offers  85 subjects options based on your degree and preferences. Economics subject code is 01.  

Q:   Why is an analysis important for the preparation journey of the UGC NET exam?
A:

Analysis is important for candidate in NTA NET exam. It helps in preparation, understand paper structure, difficulty level, topics asked or high weightage areas, expected cutoff. By analyzing mock tests and previous years papers students can prepare well.

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Table of contents
  • UGC NET Economics Exam Pattern 2025
  • UGC NET Economics Syllabus 2025
  • UGC NET Economics Detailed Syllabus 2025
  • UGC NET Economics Paper 2 Syllabus PDF 2025
  • Best Book of UGC NET Economics Syllabus 2025
  • UGC NET Economics Syllabus FAQs

UGC NET Economics Exam Pattern 2025

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 2025

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 2025  

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. 

Game Theory – Non Cooperative games
Market Structures, competitive and non-competitive equilibria and their
efficiency properties

Factor Pricing. 

Theory of Production and Costs. 

Efficiency Criteria: Pareto-Optimality, Kaldor – Hicks and Wealth Maximization 
Welfare Economics: Fundamental Theorems , Social Welfare Function
Asymmetric Information: Adverse Selection and Moral Hazard

General Equilibrium Analysis. 

Unit 2: Macro Economics 

National Income: Concepts and Measurement 

Consumption Function 

Multiplier and Accelerator 

Determination of output and employment: Classical & Keynesian Approach

Investment Function 

Demand for Money
Supply of Money
Business Cycles
Monetary and Fiscal Policy
IS – LM Model Approach 
Rational Expectation Hypothesis and its critique 

Inflation and Phillips Curve Analysis 

Unit 3: Statistics and Econometrics 

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

Sampling methods & Sampling Distribution 

Linear Regression Models and their properties – BLUE

Discrete choice models
Simultaneous Equation Models – recursive and non-recursive
Time Series Analysis

Statistical Inferences, Hypothesis testing

Identification Problem

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

Unit 4: Mathematical Economics 

Differential Calculus and its Applications 

Static Optimization Problems and their applications 

Difference and Differential equations with applications 

Input-Output Model, Linear Programming

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 

Tariff and Non-Tariff barriers to trade; Dumping 

International Trade under imperfect competition 

IMF & World Bank
GATT, WTO and Regional Trade Blocks; Trade Policy Issues
Foreign Exchange Market and Arbitrage 
Gains from Trade, Terms of Trade, Trade Multiplier 
Balance of Payments: Composition, Equilibrium and Disequilibrium
and Adjustment Mechanisms

Exchange Rate: Concepts and Theories 

Unit 6: Public Economics 

Market Failure and Remedial Measures: Asymmetric Information,
Public Goods, Externality 

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 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 

 Central Bank

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: Adam Smith, Ricardo, Marx,
Schumpeter, Rostow, Balanced & Unbalanced growth, Big Push
approach. 

Social Sector Development: Health, Education, Gender 
Poverty and Inequalities – Concepts and Measurement 

Indicators of Economic Development: PQLI, HDI, SDGs

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

Technical progress – Disembodied & embodied; endogenous growth 

Unit 9: Environmental Economics and Demography 

Concepts and Measures: Fertility, Morbidity, Mortality 

Environment as a Public Good

Age Structure, Demographic Dividend 

Cost-Benefit Analysis, and Compensation Criteria 

Theories of Population 
Life Table
Migration

Valuation of Environmental Goods 

Market Failure 

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

Indian Finance Commissions and Centre-State Financial Relations; FRBM 

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

Reforms in Land, Labour, and Capital Markets 

Poverty, Inequality & Unemployment 

Infrastructure Development: Physical and Social; Public-Private
Partnerships

UGC NET Economics Paper 2 Syllabus PDF 2025

The candidates who have applied for the UGC NET December 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.

UGC NET Paper 2 Economics Syllabus PDF: Click Here  

Best Book of UGC NET Economics Syllabus 2025 

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 2024 Dec session exam going will be conducted from January 3 to January 16, 2025. The candidates who are preparing 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.

About the Author
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Shikha Goyal
Assistant Manager

Role: Editorial Domain

Education: Mass Com & Journalism, MSC Mathematics

Expertise: Sarkari Exam Expert

About

Shikha Goyal is a double post graduate with more than 12 years of experience in education domain, journal

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Student Forum

chatAnything you would want to ask experts?
Write here...

Answered a week ago

The authority will release the NTA UGC NET provisional answer key after the conclusion of an exam in a few days along with the question paper and response sheet. It will help the candidates to verify their responses, estimate the probable scores and evaluate their performance in the examination.

G

Gunjan Majumder

Contributor-Level 6

Answered a week ago

No. candidate can not submit the UGC NET application form offline. It was released on the official portal at ugcnet.nta.nic.in. The application form was released online on October 7. All the process of the online form including the registration, document upload, fee payment, confirmation, etc. must

...Read more

K

Kritika Sharma

Contributor-Level 6

Answered a week ago

In the UGC NET exam, two marks are awarded for every correct answerThere is no negative marking in the exam. For every correct answer, two marks are awarded. Scroll down to know the marking scheme.

UGC NET Marking Parameters

Marks Allotted 

Correct answer

+2

Incorrect answer

0

Un-attempted question

0

N

Nitesh Pruthi

Contributor-Level 6

Answered a week ago

The NTA released the UGC NETadmit card 2025 for the December session exam. It was released on the official portal at ugcnet.nta.nic.in. The admit card is a mandatory document thata needs to be carried at the examination centre by the candidate.  

J

Jasleen Jain

Contributor-Level 6

Answered a week ago

The UGC NET December session exam was over on January 7. As per the students' feedback UGC NET January 2 Paper 1 was Moderate some felt that Assertion & Reasoning part was a bit difficult. Paper 1 was lengthy.  

S

Shikha Shukla

Contributor-Level 6

Answered 2 weeks ago

The questions asked in the NTA UGC NET Paper 1 exam are generic and intend to assess the teaching or research aptitude of the candidate. Details are provided below:

UGC NET Paper 1 Sections

No. of Questions

Total Marks

Teaching Aptitude

5

10

Research Aptitude

5

10

Reading Comprehension

5

10

Communication

5

10

Reasoning (including Maths)

5

10

Logical Reasoning

5

10

Data Interpretation

5

10

Information & Communication Technology (ICT)

5

10

People & Environment

5

10

Higher Education System: Governance, Polity & Administration

5

10

Total

50

100

M

Manisha Singh

Contributor-Level 6

Answered 2 weeks ago

The NTA UGC NET exam consists of two papers and candidates need to complete it in a duration of three hours. Candidates can check below the exam pattern for both papers.

UGC NET Paper

Number of Questions

Total Marks

UGC NET Paper 1

50 

100

UGC NET Paper 2

100 

200

Total

150 

300

C

Chanchal Shekhar

Contributor-Level 6

Answered 2 weeks ago

Candidates can chech below the methods to downlaod the UGC NET admit card:

  • Go to the ugcnet.nta.nic.in
  • Click on the hall ticket link for the exam
  • Enter the details asked on the login page- application number, date of birth, and security pin
  • Click on the submit button 
  • Download and save it 

S

Satyendra Garg

Contributor-Level 6

Answered 2 weeks ago

The UGC NET Paper 2 subject specific i.e, Economics, consists of 100 questions worth 2 marks each. The exam will be of 3-hour duration, so there will be no breaks between paper 1 and paper 2. Candidates should cover all significant units of the of the Economics syllabus as mentioned below:

  • Micro Econ

...Read more

S

Shikha Goyal

Contributor-Level 10