ECONOMICS: FOR UGC-NET/SLET AND OTHER COMPETITIVE EXAMINATIONS (OBJECTIVE)

The book has been designed for the candidates appearing in UGC-NET/SLET in EconomicsPaper II, covering Objective Type Questions. It will also be useful for those preparing for competitive exams like IAS, IES, IFS, IPS, PCS, etc. as it covers almost all possible objective type questions for these exams on the subject. The important questions set in UGC-NET/SLET and various other competitive examinations in the previous years have also been included in this book.In spite of our best efforts to cover all possible questions, the paper may contain some questions which are not covered in this book and can be answered only if the candidate has a thorough knowledge of the topics covered in the syllabus. For a thorough and elaborate knowledge of the subject, candidates are advised to read the following books published by Atlantic Publishers and Distributors (P) Ltd. (i) Advanced Microeconomics (2 vols.) by K.R. Gupta; (ii) Advanced Macroeconomics (2 vols.) by K.R. Gupta; (iii) Economics of Development and Planning History, Principles, Problems and Policies by K.R. Gupta; (iv) Economic Growth Models by K.R. Gupta; (v) Indian Economy (3 vols.) by K.R. Gupta; (vi) Indian Economy (3 vols.) by K.N. Prasad;(vii) International Economics (2 vols.) by K.R. Gupta; (viii) Public Economics in India Theory and Practice by J.R. Gupta; (ix) Public Finance by S.N. Chand; (x) Economics of Public Finance (3 vols.) by P.C. Jain; (xi) Dictionary of Economics by S.N. Chand; (xii) Advanced Study in Money and Banking (2 vols.) by Perminder Khanna; and (xiii) Economics of Agriculture by A.A. Rane and A.C. Deorukhkar.

Book Contents

PrefaceUnit-I Microeconomics1. Demand Analysis; 2. Theory of Production and Costs; 3. Pricing and Output Under Different Forms of Market Structure; 4. Factor-Pricing Analysis; 5. Elements of General Equilibrium and New Welfare EconomicsUnit-II Macroeconomics1. National Income Accounting; 2. Determination of Output and EmploymentClassical, Keynesian Approach, Consumption Hypothesis; 3. Monetary Demand and Supply; 4. IS-LM Framework; 5. Philips Curve Analysis; 6. Business Cycles; 7. Macroeconomic EquilibriumRelative Roles of Monetary and Fiscal PoliciesUnit-III Development and Planning1. Economic Growth and Development; 2. Theories of Growth and Development; 3. Importance of Agriculture and Industry in Economic Development; 4. Cost Benefit Analysis; 5. Trade and Aid; 6. Role of Monetary and Fiscal Policy in Economic Development; 7. Techniques of PlanningPlan Models in India; Planning in a Market Oriented EconomyUnit-IV Public Finance1. Role of Government in Economic Activity; 2. Public Budget; 3. Public Expenditure; 4. Public Revenue; 5. Public Debt; 6. Fiscal Federalism; 7. Fiscal PolicyUnit-V International Economics1. Theories of International Trade; 2. Terms of Trade and Economic Growth; 3. Balance of Payments; 4. Exchange Rates; 5. Tariffs and Non-tariffs Barriers; 6. Theory of Regionalism; 7. Foreign Trade and AidUnit-VI Indian Economy1. Macroeconomic Indicators; 2. Agriculture; 3. Industry; 4. Money and Banking; 5. Public Finance; 6. Foreign Trade; 7. Poverty, Population and Unemployment; 8. PlanningUnit-VII Statistics1. Introduction; 2. Measures of Central Tendency; 3. Skewness, Kurtosis and Moments; 4. Measure of Dispersion; 5. Theory of ProbabilityBinomial, Normal and Poisson Distribution; 6. Correlation and Regression Analysis; 7. Statistical Inferenceschi square, t-square and f-test; 8. Index Numbers and Time Series Analysis; 9. Sampling and Census, Types of Sampling and Errors

About The Author

K.R. Gupta is a well-known Economist. He has published over twenty books and contributed more than hundred papers in reputed journals, being published in India and abroad. The books written by him include Advanced Microeconomics (2 vols.); Advanced Macroeconomics (2 vols.); Economic Growth Models; Global Financial Crisis (3 vols.); International Economics (2 vols.); and Economics of Development and Planning (2 vols.). His latest edited books are Rural Development in India (4 vols.); and Indian Economic Policies and Data (co-edited). Dr. Gupta had been teaching postgraduate classes and guiding research for about two decades in the University of Jammu and Kurukshetra University. He has also worked as an Economist in private as well as in public sector. His last assignment was as Economic Advisor to the Modi Enterprises.