how to prepare economy fr upsc

Upload: keshav-prasad

Post on 12-Oct-2015

21 views

Category:

Documents


0 download

DESCRIPTION

Road Map

TRANSCRIPT

  • 5/21/2018 How to Prepare Economy Fr Upsc

    1/6

    ya but How to kick start the Economy preparation (UPSC)

    Basic approach for UPSC Civil Service Exam is given below. (For other

    exams it varies according to their pattern)

    Approach: Microeconomics

    Only do selective study from NCERT Class 11 Microeconomics, as

    following.

    1. Elasticity of demands (ch2) + Giffen goods (internet)

    2. Law of diminishing marginal product (ch 3.4)

    3. Perfect competition (ch4.1): only features.

    4.Non-competitive markets: (ch.6)

    1. features given @intro

    2. Monopolistic competition (ch.6.2.1)

    3. Oligopolistic competition (ch 6.2.2)

    5. Price ceiling and Price floors (ch5.2): only basic definition

    6. Glossary: only MCQ worthy definitions.Approach: Macroeconomics + Indian Economy

    GDP GNP Growth Basics

    NCERT Class 12 Macroeconomics After NCERT

    Ch. 2 National Income Accounting

    Circular flow of income.

    How to calculate national income (ignore

    minute details/fomulas)

    GDP, GNP, NNP, deflator and their

    formulas.

    Ramesh: Ch1. subtopic ideas of national income

    Ch2 GDP vs Welfare topic (given at the end of

    this chapter)

    1. RAMESH: Ch 2 growth and development.

    2. Human Development index: Theory + current (Mrunal under

    Economic Survey ch. 13 summary) + Schemes.

    3. Then newspaper + Yojana/Kuru +Magazines =>pib.nic.in

  • 5/21/2018 How to Prepare Economy Fr Upsc

    2/6

    Money Banking Finance

    NCERT Class 12

    MacroeconomicsAfter NCERT

    Ch. 3 Money & Banking:

    Supply of money,

    Functions of RBI

    Ramesh

    12 Banking

    11. Financial market => 14 Securities Market (Stock exchange, FII, QFI etc.)

    13 Insurance

    Current:

    Economic Survey ch5 (FI)

    Legal angle: CSR, company law, SEBI powers

    Committees: Mayaram FDI-FII, Bimal Bank License, Nachiket Fin. Services, PJ

    Nayak Governance in Bank boards. list goes on.

    Scam like: Bitcoin, Ponzi Scheme, NSEL, SEBI-SAHARA, Money laundering

    Growth/Inclusion Angle

    Foreign Investment/ Foreign Trade

    NCERT Class 12 Macroeconomics After NCERT

    NCERT 12/macro/ch.6

    Balance of Payment, Foreign Exchange

    Gold standard, Bretton woods.

    ignore Formulas and Charts. only one formula important:

    National income: Y=C+I+G+X-M

    +prepare all the terms in Glossary.

    Ramesh

    Ch15: External Sector

    Ch16: IMF, World banks, OECD, ADB and

    other intl.org (even for Mains)

    Current (focus on these news)

    1. CAD high, Rupee weak (Govt+RBI)

    2. Bilateral investment

    1. India 2015 Ch. on Commerce. (for Mains.)

    2. Visits and agreements. (make notes)

    3. WTO: current (Bali summit, agro subsidy)

    4. Infra, Food processing related (GSM3)

  • 5/21/2018 How to Prepare Economy Fr Upsc

    3/6

    Taxation/ Fiscal policy

    NCERT Class 12 Macroeconomics

    Chapter 5

    Revenue and capital account

    Measures of deficit

    Changes in Expenditure : ignore graph and formulas

    Debt, deficit

    After NCERT

    Laxmiankthsbook on Indian Polity.also available in Hindi

    Ch. on parliament=>budget making, chapters on Central state relations,

    federalism and CAG.

    Ramesh Singh :

    Ch. 18 Public finance.

    Ch.17 Taxation

    Lastly, GSM (MCQ)

    (optional)Laxmikanthsbook on Pub.Ad:

    Chapter on Financial Administration,

    Union Government in India (PSU)

    Approach: Indian Economy (for UPSC)

    For Indian Economy- the approach must be prelim cum mains. (Prelim-

    oriented jugaad preparation doesnt work anymore- because UPSC

    professors designing tough MCQs to break the backs of coaching classes

    and senior players.) Anyways you should approach the basic of Indian

    Economy following sequence:

    #1: Background + British Raj/Pre-independence

    NCERT 12: Fundamental of Human Geo.

    1. Unit III (ch.5 to 9): sectors of economy

    Colonialism, Imperialism, industrial revo.

    1.NCERT (old) class 10, first chapter (Mrunal.org/history)

    http://www.flipkart.com/indian-polity-4th/p/itmdmmsnbhqfwj3a?pid=9781259064128&affid=mrunalrugmhttp://www.flipkart.com/indian-polity-4th/p/itmdmmsnbhqfwj3a?pid=9781259064128&affid=mrunalrugmhttp://www.flipkart.com/indian-polity-4th/p/itmdmmsnbhqfwj3a?pid=9781259064128&affid=mrunalrugmhttp://www.flipkart.com/bharat-ki-rajvyavastha-hindi/p/itmczynwvrxw5gpq?pid=9789351342663&affid=mrunalrugmhttp://www.flipkart.com/bharat-ki-rajvyavastha-hindi/p/itmczynwvrxw5gpq?pid=9789351342663&affid=mrunalrugmhttp://www.flipkart.com/bharat-ki-rajvyavastha-hindi/p/itmczynwvrxw5gpq?pid=9789351342663&affid=mrunalrugmhttp://www.flipkart.com/public-administration-1st/p/itmczynxgf8s9ukt?pid=9780071074827&affid=mrunalrugmhttp://www.flipkart.com/public-administration-1st/p/itmczynxgf8s9ukt?pid=9780071074827&affid=mrunalrugmhttp://www.flipkart.com/public-administration-1st/p/itmczynxgf8s9ukt?pid=9780071074827&affid=mrunalrugmhttp://www.flipkart.com/public-administration-1st/p/itmczynxgf8s9ukt?pid=9780071074827&affid=mrunalrugmhttp://www.flipkart.com/public-administration-1st/p/itmczynxgf8s9ukt?pid=9780071074827&affid=mrunalrugmhttp://www.flipkart.com/bharat-ki-rajvyavastha-hindi/p/itmczynwvrxw5gpq?pid=9789351342663&affid=mrunalrugmhttp://www.flipkart.com/indian-polity-4th/p/itmdmmsnbhqfwj3a?pid=9781259064128&affid=mrunalrugm
  • 5/21/2018 How to Prepare Economy Fr Upsc

    4/6

    2. Bipin Chandra (Ch7) Economic Critique

    3.NCERT class11 (economy) Chapter 1#2: Agriculture/land reforms

    NCERT (economy) class11 Chapter #2:

    1. Planning topic ==>Ramesh 4 and 5

    2. Land reforms topic => India Yearbook for schemes (rural development).

    1. To prepare land reforms for Mains, go through

    1. Mrunal.org/polity

    2. Bipin Chandra: India Since Independence(ch.29 to 31)

    3. Green revolution

    0.NCERT geography books for more on Indian agriculture, cropping patterns,

    soil types.

    1. India Yearbook 2014: MSP, NAFED etc from agriculture chapter

    2. Ramesh Singh Ch.8.

    3. Mains: Food processing- Ive written whole article series [Food

    processing], links given above.

    4. Mains:Bipin Chandra: India Since Independencech33

    + Maintain notes from Yojana, newspapers, PIB etc. for issues related to

    land reforms, subsidies, rural development and planning.

    #3: Rural development

    NCERT class11: Ch.6 Rural development

    Rural banking=>RRB, financial inclusion (Mrunals articles)

    Agri.marketing=> Food processing (Mains) (Mrunals articles)

    Organic farming & its benefits.

    Eco.Survey ch8 (agri. Food Management)

    IYB chapter (Agri, rural urban Development)

    #4: Industrial development

    NCERT (economy) class11

    Chapter 2: Industrial policy resolution, Import substitution, Permission

    raj

    http://www.flipkart.com/india-s-struggle-independence/p/itmdr86xzk5fkxca?pid=9780140107814&affid=mrunalrugmhttp://www.flipkart.com/india-s-struggle-independence/p/itmdr86xzk5fkxca?pid=9780140107814&affid=mrunalrugmhttp://www.flipkart.com/india-since-independence/p/itmczyrqkf5sysbs?pid=9780143104094&affid=mrunalrugmhttp://www.flipkart.com/india-since-independence/p/itmczyrqkf5sysbs?pid=9780143104094&affid=mrunalrugmhttp://www.flipkart.com/india-since-independence/p/itmczyrqkf5sysbs?pid=9780143104094&affid=mrunalrugmhttp://www.flipkart.com/india-since-independence/p/itmczyrqkf5sysbs?pid=9780143104094&affid=mrunalrugmhttp://www.flipkart.com/india-since-independence/p/itmczyrqkf5sysbs?pid=9780143104094&affid=mrunalrugmhttp://www.flipkart.com/india-since-independence/p/itmczyrqkf5sysbs?pid=9780143104094&affid=mrunalrugmhttp://www.flipkart.com/india-s-struggle-independence/p/itmdr86xzk5fkxca?pid=9780140107814&affid=mrunalrugm
  • 5/21/2018 How to Prepare Economy Fr Upsc

    5/6

    Chapter 3:LPG

    Ramesh Singh

    Ch.6 (Economic Reforms)

    Ch7 Inflation. (+newspaper)

    ch9 (Indian industry and infra.) licensing, policy, disinvestment

    Budget + Economic survey + IYB

    Mains: Bipin PI Ch.25-28

    #5: Infrastructure

    1.NCERT class11: Ch.7 infrastructure

    1. Energy=> renewable/non sources (GSM1); infra. (GSM3). For geography

    angle, refer to Majid Hussian or DR Khullar.

    2. Health infra.=> MDG, Public health, Schemes (GSM2 social sector

    schemes)- given onMrunal.org/snt

    2. Ramesh Ch 9 and ch.22

    3. Economic Survey ch. 9, 10 and 11

    For Mains: 12thFYP plans points/recommendations for infrastructure.#6: Poverty, Human resources

    NCERT class11:

    1. Ch4 Poverty: poverty line, Causes of poverty

    2. Ch5 human capital formation

    3. Ch7 Employment

    Prelim cum mains (GS1 and GS3)

    0. Ramesh: ch.21 Demographic dividend, Ch. 22 human development

    1. Eco. Survey ch.2 and ch.132. Census 2011, skill Development (Yoj/Kur/12th FYP/Schemes)

    #6: Sustainable development / Desi liquor

    1.NCERT class11: 9

    1. Carrying capacity, ozone depletion etc. basic

    2. for biodiversity /environment angle: additionally prepare NCERT

    sci/geography, NIOS

    2. Ramesh Ch.20

  • 5/21/2018 How to Prepare Economy Fr Upsc

    6/6

    3. RIO+20 (Mrunal.org/enb) This summit is old topic but gives decent fodder

    points for essay/interview.

    4. Economic Survey ch. 12

    Once this is done, you may go through remaining chapters of

    NCERT/Ramesh as per your time/mood.