CUET, previously known as CUCET, is an exam open to 12th standard graduates seeking to enrol in a highly prestigious university programme of their choice. This opportunity presents a chance to explore your academic aspirations at one of the top universities in the nation.
Since centralisation of the admission test for all major universities, students have been able to focus their preparation and adopt a more targeted approach to the syllabus. This framework greatly enhances the concentration and effectiveness of their studies.
The topic-by-subject syllabi for every subject that was hired have already been made available on the official CUET
website. Section II (domain-specific) contains a broad range of issues, with economics being just one of them.
What is Economics?
The proper study of the production, distribution and consumption of products and services is referred to as economics.
This subject has already drawn a substantial number of students due to its advanced scope and the rich diversity it presents. The National Testing Agency (NTA), responsible for administering the exam in an online CBT format, is in charge of 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
For students who have cleared their 12th standard with a minimum of 50% overall from any recognised 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 Microeconomics Overview
- Meaning of microeconomics?
- Main difficulties
Unit 2 Consumer Conduct and Demand
- Consumer's Equilibrium: definition and achievement of equilibrium via Utility Approach: 1 & 2 commodity examples
- Demand: market demand, demand determinants, demand curve, demand schedule, movement along and shifts in the demand curve, price elasticity of demand, price elasticity of demand measurement – percentage, total spending, and geometric techniques
Unit 3 National Income & Related Aggregates — Fundamental Concepts and Metrics
- What is Macroeconomics.
- GNP, GDP, NDP, and NNP (at market price & factor cost, circular income flow,.
- National Income Measurement –Income Method, Value-Added Method, and Expenditure strategy.
Unit 4 Income Determination and Employment
- Propensity to consume & propensity to save (average and marginal)
- Total demand, total supply, and their constituents
- What is full employment and involuntary unemployment
- Determination of employment and income: 2-sector model
- Problems of deficient and excess demand
- Method of investment multiplier and its operation
- Measures to resolve deficient and excess demand — availability of credit, shift in government spending
Unit 5 Money and Banking
- Money: Definition, functions and its history
- Definition & functions of commercial banks
- Functions and meaning of the central bank
Unit 6 Government Budget and Economic Conditions
- Government budget – intro and its components
- Aims of government budget
- Receipts classification– revenue & capital;
- Expenditures Classification –plan and non-plan, revenue and capital, developmental & non-developmental
- Meaning and implications of a surplus budget, a balanced budget, and a deficit budget
- fiscal deficit, Revenue deficit, and primary deficit: ramifications & definitions; methods to control the various 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 snalysis of recent exchange rate concerns
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
Topics: economic growth, population, sectoral development, and additional Human Development Indicators.