I want to know the preparation and books strategy for gate economics..And also for practice classes
You can refer to these books for Economics for GATE :
- Principles of Microeconomics by H. L. Ahuja
- Macroeconomics by DN Dwivedi
- Mathematics for Economists by William Novshek
- International Economics, 2/e by H.G. Mannur
- Public Economics by Om Parkash
- Indian Economy by Ramesh Singh
- International Trade by Bo Sodersten
- Statistics and Econometrics by B. L. Agarwal
For practice, you can give online mocks by join any test series and additionally you can solve previous papers.
I hope this helps.
Hello Aspirant,
GATE Economics Syllabus 2021
Before we move towards the preparation strategy, we must get ourselves acquainted with the syllabus of GATE Economics first. The syllabus comprises a total of six topics, which then further include different numbers of sub-topics.
|
Topics Included in GATE Economics Syllabus |
Major Sub-topics |
|
Microeconomics |
Theory of Consumer Behaviour, Consumer Preferences, Duality Theorem, Euler’s Theorem, The Theory of Revealed Preference, Walrasian and Marshallian Stability Analysis, Theory of Agency costs, rfect Bayesian Equilibria, etc. |
|
International Economics |
Theories of International Trade, Gains from Trade, International Trade under Imperfect Competition, Dumping and Anti-Dumping Policies. WTO, GATT, etc. |
|
Developmental Economics |
Theories of Economic Development, Indicators of Economic Development, Endogenous Growth Models, Disembodied and Embodied, etc. |
|
Macroeconomics |
National Income Accounting, Classical and Keynesian Framework, Absolute Income Hypothesis, Relative Income Hypothesis, Components of Money Supply, Theories of Inflation and Expectations, etc. |
|
Public Economics |
Market Failure and Remedial Measures, Regulation of Market, Public Budget and Budget Multiplier, Progressive and non-Progressive Taxation, Direct and Indirect Taxes, etc. |
|
Indian Economy |
Economic Growth in India, Functioning of Monetary Policy in India, Demonetization and Aftermath, Fiscal Policy in the Indian Context, etc. |
|
Statistics, Econometrics & Mathematical Economics |
Central Limit Theorem, Probability Theory, Linear Regression Models and the Gauss Markov Theorem, Multicollinearity and Autocorrelation, Heteroscedasticity, Static Optimization Problems and Applications, etc. |
GATE Economics Four-Month Preparation Plan 2021
GATE 2021 will be conducted in February. This gives you around four months to prepare for the examination. Now we are fully aware of the fact that a single time-table cannot suit everyone’s preference. So, being mindful of that, we have prepared you a standard plan which you can modify as per your style and daily schedule.
|
Preparation Time |
4 Months (16 Weeks) |
|
Total Subjects/ Topics to Prepare |
7 |
|
Total Sub-Topics |
Over 50 |
|
Studying Hours Per Day |
3.5 - 4 Hours |
|
Number of Days Required to Prepare Each Chapter |
12 Days |
|
Number of Chapters Completed in a Month |
2 Chapters |
|
Break Days or Extra Days Each Month |
2 - 3 Days* |
|
Time Taken to Complete Entire Syllabus |
3 Months |
|
Remaining Time |
One Month |
|
Days to Solve Sample Papers/ Model Papers/ Mock Tests |
20 Days |
|
Days Left for Final Revision |
10 Days |
GATE Economics Two-Month Preparation Plan 2021
What if there are only two months remaining for GATE and you are yet to begin with your GATE Economics preparation. What would you do? How would you do it? Well, here’s how you can pull it off in just two months.
|
Preparation Time |
2 Months (14 Weeks) |
|
Total Subjects/ Topics to Prepare |
7 |
|
Total Sub-Topics |
Over 50 |
|
Studying Hours Per Day |
6 - 7 Hours |
|
Number of Days Required to Prepare Each Chapter |
6 Days |
|
Number of Chapters Completed in a Month |
4.5 Chapters |
|
Break Days or Extra Days Each Month |
1.5 Days |
|
Time Taken to Complete Entire Syllabus |
1.5 Months |
|
Remaining Time |
15 Days |
|
Days to Solve Sample Papers/ Model Papers/ Mock Tests |
8 Days |
|
Days Left for Final Revision |
7 Days (one day for each chapter) |
Best Books for GATE Economics Preparation
These are some of the best book options for you to go for the preparation of GATE Economics.
|
GATE Economics Books |
Authors/ Publishers |
|
UGC NET Economics |
Sunder Gopal Mishra |
|
Micro Economics: Anna Koutsoyiannis |
H.L. Ahuja |
|
Indian Economy |
Mishra & Puri |
|
UGC-NET: Economics (Paper II) Exam Guide |
Sanjay Kuma |
|
Public Finance |
S.K. Singh |
|
Macro Economics Analysis by Edward Shapiro |
H.L. Ahuja |
|
International Trade |
Bo Sodersten |
|
Statistics and Econometrics |
B. L. Agarwal |
further you can buy GATE TUTOR 2021 easily from amazon or flipkart of your subject for getting all the topic wise explainations and practice questions at one place. plus last years solved and unsolved papers too. i highly recommend this as I am also preparing by it for my GATE 2021 in computer science.
Hope it helps!
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