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The Economics paper will follow two parts. The first part will deal mainly with the economic framework and the National Income Accounting. There will also be questions from consumer and producer behavior as well as the different types of the markets. Questions will be on investment, determination, income models in microeconomics and its growth and distribution. It is important to also be well acquainted with the banking and other instruments related to the Central Banking and its credit policies of a developed economy. Questions based on the fiscal policies and budgets of a developing economy as well as International trade laws are also asked. The second portion of the paper is deals with Indian economy and all the principles that are related with agriculture, industry, technology. This also deals with budgets and monetary credit trends in different financial institutions. This section concentrates on the developing economy of India particularly. For more details download previous year’s question papers which are attached below.

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