Significance of Economy in ‘the syllabus’:

Indian Economy though specifically mentioned in the syllabus of Preliminary Examination Paper I & GS Mains Paper III but the topics have wider coverage in different papers as well as in Essay. This makes the study of Indian Economy indispensable. This can be cleared by going through following previous years questions:

Paper 1

• Critically examine whether growing population is the cause of poverty OR poverty is the main cause of population increase in India.
• Discuss the changes in the trends of labour migration within and outside India in the last four decades.

Paper 2

• Though 100 per cent FDI is already allowed in non-news media like a trade publication and general entertainment channel, the Government is mulling over the proposal for increased FDI in news media for quite some time. What difference would an increase in FDI make? Critically evaluate the pros and cons.
• The setting up of a Rail Tariff Authority to regulate fares will subject the cash strapped Indian Railways to demand subsidy for obligation to operate non-profitable routes and services. Taking into account the experience in the power sector, discuss if the proposed reform is expected to benefit the consumers, the Indian Railways or the private container operators.

Essay

• Was it the policy paralysis or the paralysis of implementation which slowed the growth of our country?
• Can capitalism bring inclusive growth?

Hence Indian Economy has to be studied in interdisciplinary manner.

PROGRAMME DETAILS

  • Coverage of the explicit syllabus of Economy in Preliminary Examination Paper I & Mains GS Paper III along with the implied aspects of GS Mains Paper I & II and the prospective issues one may encounter in the form of Essay. For topic details one may follow the break-up of the syllabus given below (***).
  • The syllabus would be covered by Sri H. Bhushan and Sri Gaurav Bansal
  • 100+ questions (Free) for practice, along with model hint & discussion sessions (where deemed necessary).
  • Due attention to ‘Budget 2016-17’,‘India Year Book 2016’ and ‘Economic Survey 2015-16’ – separate classes
  • As has been emphasized sufficiently, due diligence has been taken to holistically cover the Contemporary Development in the field of Economy, you can take note of the issues being covered in this respect from the following PDF
  • In simple words - holistic coverage of the syllabus along with a faster mode of revision.

PROCEDURE OF ONLINE CLASSES

  • Students will be given user ID & password to access the class on our website.
  • Account for online classes will be activated within two days of enrollment.
  • Video will be actual recording of our classroom program.
  • One Session Video will be accesible three times.
  • One Session will expire in 24 hrs in a particular system (PC/Mobile/ Tablet).
  • If you will login from another system session count will increase.
  • Study material will be sent by courier.
  • Study material will be unit wise.
  • Video will be active in your account till your mains exam.
  • Student can view the video atmost three times.
  • Tests will be uploaded in pdf format in your account.
  • For technical assistance call 9873870114

Discussion on economics syllabus

• What to Study and from where

Micro Economic Concepts

• Law of Demand and Supply
• Market Mechanism and Equilibrium
• Market Failure
• Government Intervention

Macro Economic Concepts

• Circular Flow and Savings
• Investment and Capital formation
• ICOR and Technical Improvement

National Income and related aggregates

• Growth Trends - GDP and PCI
• Contribution of different sectors to GDP

Economic Growth Vs Economic Development

• Indicators of Economic Growth- Real GDP and PCI
• Indicators of Economic Development- PQLI and HDI
• Human Resource Development and Human Development
• Millennium Development Goals
• Sustainable Development- Concept, Features, Indicators, Threats, Measures to promote SD

Economic Systems

• Capitalism
• Socialism and Communism
• Mixed Economy and Welfare State
• Autarky
• Barter

Public Finance

• Government Revenues (Taxation)
• Government Expenditure (including subsidy concept)

Fiscal Policy

Monetary Policy

Resource Mobilization & Investment Models

Centralized Planning v/s Indicative Planning

Industry

Services

Infrastructure

Money

• Financial System
• Banking
• NBFC (Excluding Development Finance and NABARD)
• Insurance
• Capital Markets and stock market concepts
• Micro Finance (Overview)

Planning and Nature of Indian Economy

• Indian Economy under British Era
• Economy on Eve of Independence

Planning in India

• Phase 1
• Phase 2
• Phase 3
• Duality in Indian Economy

Economic Reforms

• 1st Gen
• 2nd Gen
• 3rd Gen

Labour and Employment

• Labour reforms
• Labour Unions and wages
• Unemployment

Social Sector

• Hunger and Poverty Measurement
• Poverty Alleviation
• Human Resource Development
• Growth and Development
• Programs and Policies
• Inclusive Growth
• Micro-finance
• MDG and Sustainable Development

Agriculture

• Major crops & Cropping patterns in various parts of the country
• Different types of irrigation and irrigation systems
• Storage
• Transport and marketing of agricultural produce
• Issues on Indian Agriculture and related constraints
• e-technology in the aid of farmers.
• Food processing and related industries in India- scope and significance, location, upstream and downstream requirements
• Supply chain management

Concepts concerning International Trade and BoP

• Exchange Rate
• Payment Deficits
• Sovereign Debt
• Foreign Trade
• Foreign Capital
• FDI, FII
• Loans and Aid

India and Multilateral Institutions

• IMF
• WTO
• World Bank
• Other Institutions

Global Economic Developments

• Recession and Sub Prime Crisis
• Global Economic Crisis
• Other Economic Failures and developments

CONTEMPORARY ISSUES TO BE COVERED

Programme Name Amount
ECONOMY MODULE 2016 6500/-(+service tax)
» Bank Name
:
ICICI Bank
» A/c Name
:
BASIX EDUCATION PVT LTD
» A/c No.
:
036405003557
» A/c Type
:
Current Account
» IFSC Code
:
ICIC0000364
» Bank Name
:
ICICI Bank
» A/c Name
:
BASIX EDUCATION PVT LTD
» A/c No.
:
036405003557
» A/c Type
:
Current Account
» IFSC Code
:
ICIC0000364
GS Score
Office No. 06, First Floor,
Apsra Arcade, Pusa Road,
1/8, Karol Bagh,
Near Karol Bagh Metro Station Gate No.5,
New Delhi, 110005
» In Favour of
:
BASIX EDUCATION PVT LTD
» Payable At
:
Delhi

Post At :

GS Score, Office No. 06, First Floor, Apsra Arcade, Pusa Road,
1/8, Karol Bagh, Near Karol Bagh Metro Station Gate No.5,
New Delhi, 110005

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