Hi,
CUCET MA Economics Paper comprises of two parts-
PART-A: 25 Questions (English, General Knowledge and Numerical Ability) & PART-B: 75 Questions (From respective Subject)
Duration of Exam will be 2 hours.
Admission ELIGIBILTY Criteria is different for different Universities.
Syllabus for the Exam:
Micro Economics
Consumer Theory or Behavior: Demand, Utility, Indifference Curve, Revealed Preference Theory, Consumer Surplus.
Production Theory: Production Function, Law of Variable Proportions, Returns to Scale, Cost Function, types and concepts
Price and Output determination in Market: Perfect and Imperfect Competition (Monopoly, Price Discrimination, Monopolistic, Duopoly and Oligopoly models)
General Equilibrium, Efficiency and Welfare: Equilibrium and efficiency under pure exchange and production; overall efficiency and welfare economics, externality.
Macro Economics
National Income Accounting
Income and Output Determination: Aggregate Demand and Aggregate Supply, Effective Demand Principle, Classical and Keynesian Theory.
Money and Inflation: Demand and Supply of Money, Money Multiplier and High Powered Money, Credit Creation, Role of Reserve Bank of India and Commercial Banks, Quantitative Theories of Money, Philip’s Curve.
Monetary and Fiscal Policy of India and Its Role
Consumption and Investment Function: Permanent, Relative and Life Cycle Hypothesis, determinants of business fixed investment; residential investment and inventory investment, Multiplier and Accelerator.
Open Economy Models: Mundell and Fleming Model (IS,LM and BP curve) , Balance of Payments, exchange rate determination, Purchasing Power Parity.
Economic Growth: Harrod-Domar Model, Solow Model.
Statistical Methods in Economics
Mean, Mode, Median, Dispersion, Skewness, Quartile Deviation, Average Deviation, Standard Deviation Correlation Simple Regression Model Probability Distribution Sampling.
Mathematical Methods in Economics
Sets and Vector, Functions of one and several real variable Single and Multi variable optimization, Integration of functions, Difference equations, Determinants, Matrix Linear Programming, Probability, Differential Equations
Indian Economy
Overview of colonial economy. Macro Trends: National Income; population; occupational structure. Agriculture: Agrarian structure and land relations; agricultural markets and institutions – credit, commerce and technology; trends in performance and productivity; famines. Railways and Industry: Railways; the de-industrialization debate; evolution of entrepreneurial and industrial structure; nature of industrialization in the interwar period; constraints to industrial breakthrough; labor relations. Economy and State in the Imperial Context The imperial priorities and the Indian economy; drain of wealth; international trade, capital flows and the colonial economy – changes and continuities; government and fiscal policy. New Economic Policy.
Public Economics: Public and Private Goods, Externalities, Budget, Deficits, Public Debt, Fiscal Federalism in India, Taxation: its economic effects; dead weight loss and distortion, efficiency and equity considerations, tax incidence, optimal taxation.
International Trade Theories: Adam Smith, Ricardo, Heckscher-Ohlin model and New Trade
This test basically covers basics of stats, mathematics and economics ..This is much better exam as the level of exam varies from moderate to difficult..
But , since the number of students they call for interview is not much , so the competition for second round is less.. Therefore if your basics are strong , you will get through.
For more help, visit - https://university.careers360.com/download/sample-papers/cucet-ma-economics-model-question-paper
Hope this helps.
All the best.
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