Table of Contents
CUET Economics Syllabus
The National Testing Agency issues the CUET Economics Syllabus for CUET 2023. Candidates can view and download the CUET Economics Syllabus from the CUET official website, cuet.samarth.ac.in. You can also get the CUET Economics Syllabus PDF from this page. The CUET 2023 Economics Syllabus contains all of the units that will be covered in the CUET 2023 Economics exam.
CUET Economics Syllabus 2023
Understanding the CUET Economics Syllabus 2023 is the pillar for candidates who want to pursue higher education in the Economics domain. Along with the General CUET Syllabus 2023, CUET applicants in the Economics area must thoroughly review the CUET Economics Syllabus before beginning the complete phase of CUET preparation.
CUET 2023: Exam Date, Notification, Application Form, Pattern
CUET Economics Syllabus & Exam Pattern
The Common University Entrance Test (CUET) 2023 is held for students who are pursuing undergraduate admission to Central Universities. There are three sections in the CUET Exam Pattern 2023. Sections 1A and 1B cover General and Special Languages, Section II cover 27 Domain-specific Subjects, and Section III cover the General Test.
The CUET 2023 Section-II comprises examinations on all domain-specific subjects. Economics is covered in Section II. Economics question papers have 50 questions, 40 of which must be answered. The CUET Economics exam has a point value of 200. The table below contains important information about the CUET Economics Exam and its exam pattern.
CBSE Practice Paper 2023 Pdf Download, for Class 10 and 12
CUET Economics Syllabus 2023 Overview
| CUET Economics Syllabus 2023 Overview | |
| Exam conducting body | National Testing Agency |
| Examination Name | Common Universities Entrance Test (CUET 2023) |
| Medium of Examination | 13 Languages (English, Kannada, Hindi, Punjabi, Marathi, Tamil, Urdu, Malayalam Odia, Assamese Telugu, Bengali and Gujarati ) |
| Examination Mode | Computer-based Test (CBT) |
| Time allotted for Economics Exam | 45 minutes |
| Total number of questions in the Economics section | 45/50 questions |
| Total Economics Questions to be Answered | 35/40 questions |
| Total Marks in Economics Section | 200 Marks |
| Marking Scheme | Marks per correct answer: +5 Marks per the wrong answer: -1 Marks per unanswered questions: 0 |
CUET Economics Syllabus 2023 Unit Wise
Economics is one of the most interesting subjects that deal with how people use resources and respond to incentives, or how people make decisions. It frequently includes subjects such as wealth and finance. Applicants who wish to pursue economics as a topic in the CUET exam 2023 should be conversant with the CUET Economics Syllabus. The CUET Economics Syllabus 2023 consists of a total of 10 units as follows:
Unit I: Introduction to Microeconomics
Unit II: Consumer Behaviour and Demand
Unit III: National Income and Related Aggregates — Basic Concepts and Measurement
Unit IV: Determination of Income and Employment
Unit V: Money and Banking
Unit VI: Government Budget and the Economy
Unit VII: Balance of Payments
Unit VIII: Development Experience (1947-90) and Economic Reforms since 1991
Unit IX: Current challenges facing the Indian Economy
Unit X: Development Experience in India
Let’s go through the topics and subtopics which are included in those 10 units.
CUET Economics Syllabus, Unit I
Unit I: Introduction to Microeconomics
• What is microeconomics?
• Central problems
CUET Economics Syllabus, Unit II
Unit II: 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
CUET Economics Syllabus, Unit III
Unit III: 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.
CUET Economics Syllabus, Unit IV
Unit IV: 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 demand
- Measures to correct excess and deficient demand – availability of credit, change in
government spending
CUET Economics Syllabus, Unit V
Unit V: Money and Banking
- Money: meaning, evolution, and functions
- Central bank: meaning and functions
- Commercial banks: meaning and functions
CUET Economics Syllabus, Unit VI
Unit VI: Government Budget and the 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.
CUET Economics Syllabus, Unit VII
Unit VII: Balance of Payments
- Foreign exchange rate – meaning (fixed and flexible), merits and demerits; determination
through demand and supply - Balance of payments accounts – meaning and components
- A brief analysis of recent exchange rate issues
INDIAN ECONOMIC DEVELOPMENT
CUET Economics Syllabus, Unit VIII
Unit VIII: Development Experience (1947-90) and Economic Reforms since 1991
A brief introduction of the state of the Indian economy on the eve of independence. Indian
economic system and common goals of Five-year Plans.
Main features, problems, and policies of agriculture (institutional aspects and new agricultural
strategy), industry (IPR 1956; SSI – role & importance) and foreign trade.
CUET Economics Syllabus, Unit IX
Unit IX: Current challenges facing the Indian Economy
Poverty – absolute and relative; Main programmes for poverty alleviation: A critical
assessment;
Human Capital Formation – How many people become resource; Role of human capital
in economic development;
Rural development: Key issues – credit and marketing – the role of cooperatives; agricultural
diversification;
Employment: Growth and changes in the workforce participation rate in formal and informal
sectors; problems and policies
Infrastructure: Meaning and Types: Cases Studies: Health: Problems and Policies – A critical assessment;
Sustainable Economic Development: Meaning, Effects of Economic Development on
Resources and Environment, including global warming
CUET Economics Syllabus, Unit X
Unit X: Development Experience of India
- A comparison with neighbours
- India and Pakistan
- India and China
- Issues: economic growth, population, sectoral development and other Human
Development Indicators
CUET Economics Syllabus Pdf Download
CUET Economics Syllabus pdf is available on the official website of CUET i.e cuet. samarth. ac.in. Candidates can download the CUET Economics Syllabus 2023 pdf from the official site. For the benefits, here have provided the CUET Economics Syllabus pdf in the below link.
CUET Economics Syllabus & Books
You should study reference books in addition to regular textbooks if you want to do well on the CUET Economics Test. Below, our Adda247 CUET Faculty members recommend some excellent reference books for the CUET Economics Syllabus.
- NCERT Economics Textbook (Class XI and XII) ( NCERT)
- Basic Economics by DN Gujarati
- Intermediate Microeconomics by Hal R Varan
