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Paper 2 · code 01National Testing Agency (for UGC)

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All 10 units of the NTA syllabus in 25 chapters, with Paper 1 in the same course.

First chapter + 1 full mock test free — no card needed

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  • 25chapters
  • 10syllabus units
  • 100question Paper 2 mock
  • EN + हिंevery chapter in both

NTA lists this code as: Economics / Rural Economics /Co-operation / Demography / Development Planning/Development Studies / Econometrics/ Applied Economics / Development Economics / Business Economics

Exam pattern

Paper 2 pattern

UGC NET Paper 2 — Economics

  • 100 questions
  • 200 marks
  • 120 minutes
  • +2 per right answer
  • no negative marking
  • Unit 1 — Micro Economics10 Qs · 20 marks
  • Unit 2 — Macro Economics10 Qs · 20 marks
  • Unit 3 — Statistics and Econometrics10 Qs · 20 marks
  • Unit 4 — Mathematical Economics10 Qs · 20 marks
  • Unit 5 — International Economics10 Qs · 20 marks
  • Unit 6 — Public Economics10 Qs · 20 marks
  • Unit 7 — Money and Banking10 Qs · 20 marks
  • Unit 8 — Growth and Development Economics10 Qs · 20 marks
  • Unit 9 — Environmental Economics and Demography10 Qs · 20 marks
  • Unit 10 — Indian Economy10 Qs · 20 marks

What you get

Everything for UGC NET Economics, in one course

  • Chapters in English and Hindi25 chapters on the official syllabus, each ending in a quiz that explains every answer.
  • Mock tests in the real patternTimed and marked the way the exam is, negative marking included, with a section-by-section report.
  • Revision and weak-area analyticsSee which topics cost you marks, and revise them on a spaced schedule.
  • AI mentorPremiumAsk a doubt in English or Hindi, any hour, and get a plain answer.

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Try a real Economics question

A real question from the course. No sign-up needed.

From the chapter: Consumer Behaviour, Production-Cost Theory and Decision-Making Under Uncertainty

A convex indifference curve exhibits a diminishing marginal rate of substitution. This is best described as:

Show the answer and why

Answer: A.

Diminishing MRS is a statement about the changing ratio of marginal utilities along a fixed indifference curve, not about either good's own marginal utility falling — ordinal theory needs no assumption of diminishing marginal utility to derive it.

Syllabus

UGC NET Economics syllabus, unit by unit

Open a unit to see its chapters. The course’s free chapter is Paper 1’s first.

Unit 1 — Micro Economics3 chapters
  1. Consumer Behaviour, Production-Cost Theory and Decision-Making Under Uncertainty
  2. Non-Cooperative Game Theory, Market Structures and Factor Pricing
  3. General Equilibrium, Efficiency Criteria, Welfare Economics and Asymmetric Information
Unit 2 — Macro Economics3 chapters
  1. National Income, Classical and Keynesian Output Determination, and the Consumption-Investment Functions
  2. The Multiplier and Accelerator, Demand for and Supply of Money, and the IS-LM Model
  3. Inflation and the Phillips Curve, Business Cycles, Monetary-Fiscal Policy and the Rational Expectations Critique
Unit 3 — Statistics and Econometrics3 chapters
  1. Probability Theory, the Central Limit Theorem and Descriptive Statistics
  2. Sampling and Statistical Inference, and Linear Regression Models with the BLUE Properties
  3. The Identification Problem, Simultaneous Equation Models, Discrete Choice Models and Time Series Analysis
Unit 4 — Mathematical Economics2 chapters
  1. Sets, Functions and Continuity, Sequences and Series, and Differential Calculus in Economics
  2. Linear Algebra, Static Optimization, Input-Output and Linear Programming Models, and Difference-Differential Equations
Unit 5 — International Economics2 chapters
  1. Theories of International Trade, Trade Under Imperfect Competition, and the Balance of Payments
  2. Exchange Rates, Gains from Trade and the Terms of Trade, and Trade Policy and Institutions
Unit 6 — Public Economics2 chapters
  1. Market Failure and Its Remedies, Market Regulation, and Public Revenue and Taxation
  2. Public Expenditure, Public Debt Management, the Budget Multiplier and Fiscal Policy's Implications
Unit 7 — Money and Banking2 chapters
  1. Components of Money Supply, the Central Bank and Commercial Banking
  2. Instruments and Working of Monetary Policy, Non-Banking Financial Institutions, and Capital Market Regulation
Unit 8 — Growth and Development Economics3 chapters
  1. Economic Growth versus Economic Development, and Theories of Economic Development
  2. Models of Economic Growth: Harrod-Domar, Solow, Robinson and Kaldor, and Technical Progress
  3. Indicators of Economic Development, Poverty and Inequality, and Social Sector Development
Unit 9 — Environmental Economics and Demography2 chapters
  1. Environment as a Public Good, Market Failure, the Coase Theorem and Cost-Benefit Analysis
  2. Theories of Population, Fertility-Mortality Measures, Age Structure and the Demographic Dividend, Life Tables and Migration
Unit 10 — Indian Economy3 chapters
  1. India's Growth Pattern and Structure, and the Agriculture, Industry and Services Sectors
  2. Rural and Urban Development, India's Foreign Trade, and Infrastructure Development
  3. Reforms in Land, Labour and Capital Markets, Centre-State Financial Relations and the FRBM Act, and Poverty, Inequality and Unemployment

Price

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FAQ

Frequently asked questions

What does the UGC NET Economics course cost?

The first chapter of the UGC NET course is free. All 25 chapters of this subject, in English and Hindi, unlock with the UGC NET plan — ₹29 a month, less than ₹1 a day, cancel anytime — with scored practice, the Paper-2 mock test and spaced revision. Premium adds the AI mentor.

Does it cover the whole Economics syllabus?

All 10 units of the NTA syllabus (subject code 01) are written, in 25 chapters, from the official document unit by unit.

What is the UGC NET Paper 2 exam pattern for Economics?

100 questions for 200 marks, with no negative marking. Paper 1 and Paper 2 are taken in one sitting of three hours; the mock test here rehearses Paper 2 in 120 minutes.

Related

Other Paper 2 subjects

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