Economics Optional Year Long Test Series

Economics Optional Year Long Test Series

ECONOMICS OPTIONAL YEAR LONG TEST SERIES

Starts From 20th July 2024

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TEST SCHEDULE

Test 1

TEST DATE: 20/07/2024

Paper I, Section A:

Advanced Microeconomics: Marshallian and Walrasian Approaches to Price determination; Market Structure: Monopolistic, Duopoly, Oligopoly.

Test 2

TEST DATE: 27/07/2024

Paper I, Section A:

Advanced Microeconomics: Alternative Distribution Theories: Ricardo, Kaldor, Kaleeki; Modern Welfare Criteria: Pareto, Hicks & Scitovsky, Arrow’s Impossibility Theorem, A.K. Sen’s Social Welfare Function.

Test 3

TEST DATE: 03/08/2024

Paper I, Section B:

Advanced Macroeconomics: Classical, Keynes (IS-LM) curve, Neo classical synthesis and New classical theories of Employment Income and Interest Rate determination; Theories of Interest Rate determination and Interest Rate Structure.

Test 4

TEST DATE: 10/08/2024

Paper I, Section C:

Money – Banking and Finance (a): Demand for and Supply of Money: Money Multiplier, Quantity Theory of Money (Fisher, Pique, and Friedman) and Keynes’ Theory on Demand for Money.

Test 5

TEST DATE: 17/08/2024

Paper I, Section C:

Money – Banking and Finance (b): Public Finance and its Role in Market Economy: Stabilisation, allocation of resources, distribution, and development.

Test 6

TEST DATE: 24/08/2024

Paper I, Section D:

International Economics (a): Comparative Advantage, Terms of Trade and Offer Curve, Product Cycle, and Strategic Trade Theories.

Test 7

TEST DATE: 31/08/2024

Paper I, Section D:

International Economics (b): Forms of Protection: Tariff and quota; Balance of Payments Adjustments.

Test 8

TEST DATE: 07/09/2024

Paper I, Section D:

International Economics (c): Price versus income, income adjustments under fixed exchange rates, Theories of Policy Mix.

Test 9

TEST DATE: 14/09/2024

Paper I, Section D:

International Economics (d): Exchange rate adjustments under capital mobility, Floating Rates, and their implications for Developing Countries.

Test 10

TEST DATE: 21/09/2024

Paper I, Section D:

International Economics (e): Trade Policy and Developing Countries, WTO: TRIMS, TRIPS, Domestic Measures, Different Rounds of WTO talks.

Test 11

TEST DATE: 28/09/2024

Paper I, Section E:

Growth and Development (a): Harrod’s model, Lewis model of development with surplus labour, Balanced and Unbalanced growth.

Test 12

TEST DATE: 05/10/2024

Paper I, Section E:

Growth and Development (b): Process of Economic Development of Less Developed Countries, Myrdal and Kuznets on economic development and structural change.

Test 10

TEST DATE: 21/09/2024

Paper I, Section D:

International Economics (e): Trade Policy and Developing Countries, WTO: TRIMS, TRIPS, Domestic Measures, Different Rounds of WTO talks.

Test 11

TEST DATE: 28/09/2024

Paper I, Section E:

Growth and Development (a): Harrod’s model, Lewis model of development with surplus labour, Balanced and Unbalanced growth.

Test 12

TEST DATE: 05/10/2024

Paper I, Section E:

Growth and Development (b): Process of Economic Development of Less Developed Countries, Myrdal and Kuznets on economic development and structural change.

Test 13:

TEST DATE: 12/10/2024

Paper I, Section E:

Growth and Development (c): Economic development and International Trade and Investment, Role of Multinationals.

Test 14:

TEST DATE: 19/10/2024

Paper I, Section E:

Growth and Development (d): Planning and Economic Development, changing role of Markets and Planning, Private-Public Partnership.

Test 15:

TEST DATE: 26/10/2024

Paper I, Section E:

Growth and Development (e): Welfare indicators and measures of growth – Human Development Indices. The basic needs approach.

Test 16:

TEST DATE: 02/11/2024

Paper I, Section E:

Growth and Development (f): Development and Environmental Sustainability, Renewable and Non-Renewable Resources, Environmental Degradation, Intergenerational equity development.

 

Test 17:

TEST DATE: 09/11/2024

Paper II, Section A:

Indian Economy in Pre-Independence Era: Land System and its changes, Commercialization of agriculture, Drain theory, Laissez faire theory and critique.

Indian Economy in Pre-Independence Era: Manufacture and Transport: Jute, Cotton, Railways, Money and Credit.

Test 18:

TEST DATE: 16/11/2024

Paper II, Section B:

Indian Economy after Independence (The Pre Liberalization Era): Contribution of Vakil, Gadgil and V.K.R.V. Rao, Agriculture: Land Reforms and land tenure system, Green Revolution and capital formation in agriculture.

Indian Economy after Independence (The Pre Liberalization Era): Industry: Trends in composition and growth, Role of public and private sector, Small scale and cottage industries.

Test 19:

TEST DATE: 23/11/2024

Paper II, Section B:

Indian Economy after Independence (The Pre Liberalization Era): National and Per capita income: Patterns, trends, aggregate and Sectoral composition and changes therein.

Indian Economy after Independence (The Pre Liberalization Era): Broad factors determining National Income and distribution, Measures of poverty, Trends in poverty and inequality.

Test 20:

TEST DATE: 30/11/2024

Paper II, Section C:

Indian Economy after Independence (The Post Liberalization Era): New Economic Reform and Agriculture: Agriculture and WTO, Food processing, Subsidies, Agricultural prices and public distribution system.

Indian Economy after Independence (The Post Liberalization Era): New Economic Policy and Industry: Strategy of industrialization, Privatization, Disinvestments, Role of foreign direct investment and multinationals.

Test 21:

TEST DATE: 07/12/2024

Paper II, Section C:

Indian Economy after Independence (The Post Liberalization Era): New Economic Policy and Trade: Intellectual property rights, Implications of TRIPS, TRIMS, GATS and new EXIM policy.

Indian Economy after Independence (The Post Liberalization Era): New Exchange Rate Regime, Partial and full convertibility, Capital account convertibility.

Test 22:

TEST DATE: 14/12/2024

Paper II, Section C:

Indian Economy after Independence (The Post Liberalization Era): New Economic Policy and Public Finance: Fiscal Responsibility Act, Twelfth Finance Commission and Fiscal Federalism and Fiscal Consolidation.

Indian Economy after Independence (The Post Liberalization Era): New Economic Policy and Monetary system. Role of RBI under the new regime.

Test 23:

TEST DATE: 21/12/2024

Paper II, Section C:

Planning: From central Planning to indicative planning, Relation between planning and markets for growth and decentralized planning: 73rd and 74th Constitutional amendments.

New Economic Policy and Employment: Employment and poverty, Rural wages, Employment Generation, Poverty alleviation schemes, New Rural, Employment Guarantee Scheme.

 

Phase- 2 (Revision Phase)

Test 24: 28-12-2024: As mentioned in Test 1 to Test 6

Test 25: 11-01-2025: As mentioned in Test 7 to Test 12

Test 26: 18-01-2025: As mentioned in Test 13 to Test 16

Test 27: 25-01-2025: As mentioned in Test 17 to Test 23

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