Looking for CUET Economics subject Syllabus for the 2022 exam in B.com, B.A, B.com(H), and other Undergraduate programs in DU and other Central Universities.
Here is the complete detail of the syllabus for your convenience.
Note:- There will be one Question Paper that will have 50 questions out of which 40 questions need to be attempted.
Here are the all units comprising the syllabus
Unit I: Introduction to Microeconomics
What is microeconomics?
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Unit II: Consumer Behaviour and Demand
Consumer’s Equilibrium: meaning and attainment of equilibrium through Utility Approach: One and two commodity cases.
Demand: market demand, determinants of demand, demand schedule, demand curve, movement along and shifts in the demand curve, price elasticity of demand, measurement of price elasticity of demand – percentage, total expenditure, and geometric methods.
Below are the units in Macroeconomics
Unit III: National Income and Related Aggregates — Basic Concepts and Measurement.
Circular flow of income, concepts of GDP, GNP, NDP, NNP (at market price and factor cost).
Measurement of National Income –Value Added method, Income method, and Expenditure method.
Unit IV: Determination of Income and Employment
Aggregate demand, aggregate supply, and their components
Propensity to consume and propensity to save (average and marginal)
Meaning of involuntary unemployment and full employment
Determination of income and employment: two-sector model
Concept of investment multiplier and its working
Problems of excess and deficient demand
Measures to correct excess and deficient demand – availability of credit, change in
Unit V: Money and Banking
Money: meaning, evolution, and functions
Central bank: meaning and functions
Commercial banks: meaning and functions
Unit VI: Government Budget and the Economy
Government budget – meaning and its components
Objectives of government budget
Classification of receipts – revenue and capital; classification of expenditure – revenue and capital, plan and non-plan, and developmental and non-developmental
Balanced budget, surplus budget, and deficit budget: meaning and implications
Revenue deficit, fiscal deficit, and primary deficit: meaning and implications; measures to contain different deficits.
Unit VII: Balance of Payments
Foreign exchange rate – meaning (fixed and flexible), merits and demerits; determination through demand and supply
Balance of payments accounts – meaning and components
A brief analysis of recent exchange rate issues
INDIAN ECONOMIC DEVELOPMENT
Below are the all units in this section.
Unit VIII: Development Experience (1947-90) and Economic Reforms since 1991
A brief introduction of the state of the Indian economy on the eve of independence. Indian economic system and common goals of Five-year Plans.
Main features, problems, and policies of agriculture (institutional aspects and new agricultural strategy), industry (IPR 1956; SSI – role & importance), and foreign trade.
Unit IX: Current challenges facing the Indian Economy
Poverty – absolute and relative; Main programs for poverty alleviation: A critical
Human Capital Formation – How many people become resources; Role of human capital in economic development;
Rural development: Key issues – credit and marketing – the role of cooperatives; agricultural diversification;
Employment: Growth and changes in the workforce participation rate in formal and informal sectors; problems and policies
Infrastructure: Meaning and Types: Cases Studies: Health: Problems and Policies – A critical assessment;
Sustainable Economic Development: Meaning, Effects of Economic Development on
Resources and Environment, including global warming
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Unit X: Development Experience in India
A comparison with neighbours
India and Pakistan
India and China
Issues: economic growth, population, sectoral development and other Human