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How to Prepare Economics for UPSC Exams - Important Topics | SuperProfs
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How to Prepare Economics for UPSC Exams – Important Topics

Economics for UPSC Exams: Here we are providing important topics in Economics for UPSC Exam. You will find Tips on how to crack Economics in upsc ias exam. It is adviced to take Economics as optional subjects if you are from Commerce/Arts background because course is almost similar and all concepts we have you have already studied. Below you will find all important topics in Economics for UPSC Exam so that you can prepare wisely. Find out strategy to prepare Economics for IAS Exams. Here are few essential topics in economics that are helpful to score the maximum marks is the less time. You should also prepare other remaining topics once you are done with these important topics to geet good score in Economics.

Important Topics in Economics for UPSC Exams

Basic Economic Indicators: (Statistical Data)

  • National Income
  • Production
  • Price Index
  • Foreign Trade
  • Population

Features of Indian Economy

  • Division of Economic activities
  • Unemployment-Types
  • Poverty-HDR-Measures to eliminate poverty


  • Population growth
  • Population policy 2000
  • Census-2001
  • Consumption Pattern-Energy Consumption-Sources of energy-various programmes National Income
  • Methods of National Income calculation
  • Concepts of National Income


  • Importance
  • Crops and seasons
  • Agricultural Credit agencies. NABARD, RRB. Etc.
  • Kisan Credit Schemes
  • Land Reforms
  • Agricultural Insurance, NAIS, Seed Crop Insurance
  • Green, Yellow, White, Blue revolutions
  • Irrigation projects-Drip irrigation
  • Development measures


  • Industrial Policies-1948, 1956, 1991-Initiatives taken
  • Small Scale Industries
  • Various key industries
  • Various Committees and their recommendations
  • Industrial sickness
  • Dis investment-PSE Policy
  • Industrial Finance

Money and Banking

  • Aspects of money market
  • Credit Control-Various Rates
  • Commercial Banks, Co-operatives, NBFC.
  • Committees and recommendations
  • SEBI-Stock market developments
  • Insurance Industry
  • New Banking Sector reforms
  • Inflation, Deflation
  • Money supply measures

Foreign Trade

  • Composition and direction
  • Exim policy and other Acts
  • Foreign Trade improvement measures taken
  • WTO
  • BOP

International Organisation, Development and employment Programmes and Planning

  • Planning Commission
  • Five Year Plans and imported features

Public Finance

  • Finance Commission
  • Various formulas for Plan assistance to states
  • Taxation-Reforms
  • Public spending and Debt.
  • Deficit financing

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