CUET Economics Syllabus 2024 will help students perform better in the CUET 2024 exam. CUET, formerly CUCET, is an examination available to high school graduates aspiring to join a prestigious university program. This opportunity allows you to pursue your academic dreams at one of the nation's leading universities.
The topic-by-subject syllabi for every subject have already been made available on the official
CUET website.
With the admission test now centralized across major universities, students can streamline their preparation and take a more focused approach to the CUET Economics syllabus. This structured system significantly boosts the depth and efficiency of their studies.
What is Economics?
The proper study of the production, distribution and consumption of products and services is referred to as Economics.
This topic has attracted a significant number of students because of its advanced scope and diverse nature. The National Testing Agency (NTA) oversees the exam's online CBT format delivery.
With all of this information in mind, students are highly advised to double-check and properly read the CUET Economics syllabus that is necessary for CUET.
CUET Economics Syllabus 2024
For students who have cleared their 12th standard with a minimum of 50% overall from any recognized board, central universities in India offer degrees like B.Sc. and BA in Economics. Check out the following CUET Syllabus for BA Economics:
Unit 1 : Introduction to Microeconomics
- What is Microeconomics?
- Central problems
Unit 2 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
INTRODUCTORY MACROECONOMICS
Unit 3 National Income and Related Aggregates — Basic Concepts and Measurement
- Macroeconomics: meaning.
- 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 4 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 deman
- Measures to correct excess and deficient demand – availability of credit, change in government spending
Unit 5 Money and Banking
- Money: : meaning, evolution, and functions
- Central bank: meaning and functions
- Commercial banks: meaning and functions
Unit 6 Government Budget and 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 7 Balance of Payments
- Balance of payments accounts – definition & components
- Foreign exchange rate – definition (fixed and variable), advantages and losses; determination by demand and supply
- A brief analysis of recent exchange rate issues
INDIAN ECONOMIC DEVELOPMENT
Unit 8 Development Experience (1947-1990) & Economic Reforms Since 1991
- A brief summary of the situation of the Indian economy is given on the eve of independence. India's economic system and common goals a five-year plan.
- Principal traits, concerns, and regulations in the industry (IPR 1956; SSI - role and significance), international trade, and agriculture (institutional aspects and new agricultural strategy).
Unit 9 Current issues confronting the Indian Economy
- Poverty –Principal poverty alleviation programs: a critical evaluation; Absolute and relative poverty;
- Human Capital Formation - Quantity of individuals who become a resource; Human capital's role in economic development;
- Rural development: Key problems - financing and marketing - cooperatives' involvement - agricultural diversification
- Employment: Growth and variations in formal and informal labor force participation; challenges and policies
- Infrastructure: Meaning and Types: Cases Studies: A critical evaluation of Health: Problems and Policies – A critical assessment;
- Sustainable Economic Development: Meaning, Effects of Economic Development on Resources and Environment, Including Global Warming, of Sustainable Economic Development
Unit 10 Development Experience in India
- A comparison with neighbors
- India and Pakistan
- India and China
- Issues: economic growth, population, sectoral development, and additional Human Development Indicators.
