UGC NET Economics Syllabus PDF 2023 (Latest) download free [English/Hindi]

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UGC NET Economics Syllabus PDF 2023 (Latest) download

UGC NET Economics

UGC NET Syllabus 2023: Considering the fact that the syllabus plays a prominent role in boosting up the preparation, we have provided the detailed UGC NET syllabus and exam pattern for 2023Paper-I & Paper-II. The students should prepare accordingly with the updated UGC NET Syllabus 2023 for the subjects they have registered for. In this article, we have provided the complete detail about UGC NET Syllabus & Exam Pattern for your reference. 

UGC NET Syllabus 2023

National Testing Agency had revised the UGC NET Syllabus and in this article we have covered the revised syllabus only. UGC NET exam is conducted in two papers (Paper-I and Paper-II) consisting of multiple-choice questions (MCQs) and all questions are compulsory. Candidates need to complete both papers in a single duration of three hours. To score good marks in the exam, read the detailed syllabus and start your preparation now.

UGC NET Exam Pattern 2023

UGC NET 2023 Examination will be conducted in online mode (Computer Based Test). Before looking into the detailed syllabus of the NTA UGC NET Syllabus 2023, the student must be familiar with the updated UGC NET Exam Pattern 2023, which has been discussed below.

PaperPattern of PaperNumber of QuestionsMarksTotal
Paper-IThe questions will be generic in nature, intending to assess the teaching/research aptitude of the candidate. 5010003 hours (180 minutes)
Paper-IIThis is based on the subject selected by the candidate and will assess domain knowledge.100200

Important Points:
1. For each correct answer the candidate will get 2 marks in both Paper 1 & 2.
2. There is no negative marking for incorrect answers in UGC NET 2023 exam.
3. No marks will be given for questions Unanswered/Marked for Review.
4. All questions are mandatory.
5. If a question is found to be incorrect/ambiguous during the key challenge, the candidate who have attempted the question and chosen one of the correct answers would be given the credit. If there is any dropped question(s), marks will be awarded to all the candidates.

UGC NET Syllabus 2023

The first step of preparing for UGC NET is to be familiar with the UGC NET syllabus as this helps the aspirants to strategise their preparations in a well-defined manner. UGC NET 2023 exam will consist of 2 papers (Paper 1 & Paper 2), the UGC NET Paper 1 will be a common paper for all candidates while Paper 2 will be based on the subject selected by the candidate. Let’s have a look at the detailed UGC NET Syllabus for UGC NET 2023 Exam

UGC NET Syllabus for Paper 1

The UGC NET syllabus for Paper 1 consists of the subjects that will be helpful in analysing the candidate’s teaching and research ability, cognitive abilities, general awareness about teaching and learning processes in the higher education system. The detailed syllabus and UGC NET Paper-1 Syllabus PDF file link have been provided below:

Unit-I: Teaching Aptitude Syllabus

Teaching: Concept, Objectives, Levels of teaching (Memory, Understanding and Reflective), Characteristics and basic requirements.

Learner’s characteristics: Characteristics of adolescent and adult learners (Academic, Social, Emotional and Cognitive), Individual differences.

Factors affecting teaching related to Teacher, Learner, Support material, Instructional facilities, Learning environment and Institution.

Methods of teaching in Institutions of higher learning: Teacher centred vs. Learner-centred methods; offline vs. Online methods (Swayam, Swayamprabha, MOOCs etc.).

Teaching Support System: Traditional, Modern and ICT based.

Evaluation Systems: Elements and Types of evaluation, Evaluation in Choice Based Credit System in Higher education, Computer-based testing, Innovations in evaluation systems.

Unit-II: Research Aptitude Syllabus

Research: Meaning, Types, and Characteristics, Positivism and Postpositivistic approach to research.

Methods of Research: Experimental, Descriptive, Historical, Qualitative and Quantitative Methods, Steps of Research.

Thesis and Article writing: Format and styles of referencing.

Application of ICT in research.

Research ethics.

Unit-III Comprehension Syllabus

A passage of text is given. Questions are asked from the passage to be answered.

Unit-IV: Communication

Communication: Meaning, types and characteristics of communication.

Effective communication: Verbal and Non-verbal, Inter-Cultural and group communications, Classroom communication.

Barriers to effective communication.

Mass-Media and Society.

Unit-V: Mathematical Reasoning and Aptitude Syllabus

Types of reasoning.

Number series, Letter series, Codes and Relationships.

Mathematical Aptitude (Fraction, Time & Distance, Ratio, Proportion and Percentage, Profit and Loss, Interest and Discounting, Averages etc.).

Unit-VI: Logical Reasoning Syllabus

Understanding the structure of arguments: argument forms, the structure of categorical propositions, Mood and Figure, Formal and Informal fallacies, Uses of language, Connotations and denotations of terms, Classical square of opposition.

Evaluating and distinguishing deductive and inductive reasoning.


Venn diagram: Simple and multiple uses for establishing the validity of arguments.

Indian Logic: Means of knowledge.

Pramanas: Pratyaksha (Perception), Anumana (Inference), Upamana (Comparison), Shabda (Verbal testimony), Arthapatti (Implication) and Anupalabddhi (Non-apprehension).

Structure and kinds of Anumana (inference), Vyapti (invariable relation), Hetvabhasas (fallacies of inference).

Unit-VII: Data Interpretation Syllabus

Sources, acquisition and classification of Data.

Quantitative and Qualitative Data.

Graphical representation (Bar-chart, Histograms, Pie-chart, Table-chart and Line-chart) and mapping of Data.

Data Interpretation.

Data and Governance.

Unit-VIII: Information and Communication Technology (ICT) Syllabus

ICT: General abbreviations and terminology.

Basics of the Internet, Intranet, E-mail, Audio and Video-conferencing.

Digital initiatives in higher education.

ICT and Governance.

Unit-IX: People, Development and Environment Syllabus

Development and environment: Millennium development and Sustainable development goals.

Human and environment interaction: Anthropogenic activities and their impacts on the environment.

Environmental issues: Local, Regional and Global; Air pollution, Water pollution, Soil pollution, Noise pollution, Waste (solid, liquid, biomedical, hazardous, electronic), Climate change and its Socio-Economic and Political dimensions.

Impacts of pollutants on human health.

Natural and energy resources: Solar, Wind, Soil, Hydro, Geothermal, Biomass, Nuclear and Forests.

Natural hazards and disasters: Mitigation strategies.

Environmental Protection Act (1986), National Action Plan on Climate Change, International agreements/efforts -Montreal Protocol, Rio Summit, Convention on Biodiversity, Kyoto Protocol, Paris Agreement, International Solar Alliance.

Unit-X: Higher Education System Syllabus

Institutions of higher learning and education in ancient India.

Evolution of higher learning and research in Post Independence India.

Oriental, Conventional and Non-conventional learning programmes in India.

Professional, Technical and Skill-Based education.

Value education and environmental education.

Policies, Governance, and Administration.

Here you can check the latest UGC NET Syllabus For Economics Paper-II 2022 for English Medium.

Unit-1: Micro Economics
Theory of Consumer Behaviour
Theory of Production and Costs
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
General Equilibrium Analysis
Efficiency Criteria: Pareto-Optimality, Kaldor – Hicks and Wealth Maximization
Welfare Economics: Fundamental Theorems, Social Welfare Function
Asymmetric Information: Adverse Selection and Moral Hazard
Unit-2: Macro Economics
National Income: Concepts and Measurement
Determination of output and employment: Classical & Keynesian Approach
Consumption Function
Investment Function
Multiplier and Accelerator
Demand for Money
Supply of Money
IS-LM Model Approach
Inflation and Phillips Curve Analysis
Business Cycles
Monetary and Fiscal Policy
Rational Expectation Hypothesis and its critique
Unit- 3: Statistics and Econometrics
Probability Theory: Concepts of probability, Distributions, Moments, Central Limit theorem
Descriptive Statistics – Measures of Central tendency & dispersions, Correlation, Index Numbers
Sampling methods & Sampling Distribution
Statistical Inferences, Hypothesis testing
Linear Regression Models and their properties – BLUE
Identification Problem
Simultaneous Equation Models – recursive and non-recursive
Discrete choice models
Time Series Analysis
Unit-4: Mathematical Economics
Sets, functions and continuity, sequence, series
Differential Calculus and its ApplicationsLinear Algebra – Matrices, Vector Spaces
Static Optimization Problems and their applicationsInput-Output Model, Linear Programming
Difference and Differential equations with applications
Unit-5: International Economics
International Trade: Basic concepts and analytical toolsTheories of International TradeInternational Trade under imperfect competition
Balance of Payments: Composition, Equilibrium and Disequilibrium and Adjustment Mechanisms
Exchange Rate: Concepts and Theories
Foreign Exchange Market and Arbitrage
Gains from Trade, Terms of Trade, Trade Multiplier
Tariff and Non-Tariff Barriers to trade; Dumping
GATT, WTO and Regional Trade Blocks; Trade Policy Issues
IMF & World Bank
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 Debt and its management
Public Budget and Budget Multiplier
Fiscal Policy and its implications
Unit-7: Money and Banking
Components of Money Supply
Central Bank
Commercial Banking
Instruments and Working of Monetary Policy
Non-banking Financial Institutions
Capital Market and it’s Regulation
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.
Models of Economic Growth: Harrod-Domar, Solow, Robinson, Kaldor
Technical progress – Disembodied & embodied; endogenous growth
Indicators of Economic Development: PQLI, HDI, SDGs
Poverty and Inequalities – Concepts and Measurement
Social Sector Development: Health, Education, Gender
Unit-9: Environmental Economics and Demography
Environment as a Public Good
Market Failure
Coase Theorem
Cost-Benefit Analysis and Compensation Criteria Valuation of Environmental GoodsTheories of Population
Concepts and Measures: Fertility, Morbidity, Mortality
Age Structure, Demographic Dividend
Life Table
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
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
Infrastructure Development: Physical and Social; Public-Private Partnerships
Reforms in Land, Labour and Capital Markets
Centre-State Financial Relations and Finance Commissions of India; FRBM
Poverty, Inequality & Unemployment

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