DSSSB PGT Economics Syllabus 2025 - Check Exam Pattern & Best Books

Topics

Content

Introduction

Central problems of an economy
Production possibility curve
Opportunity cost.

Consumer Behavior and Demand

Consumer’s Equilibrium – meaning and attainment of equilibrium through Utility and Indifference Approach
Demand, market demand, determinants of demand, demand curve, movement along and shifts in demand curve
Law of demand and its exceptions.
Price elasticity of demand, measurement of price elasticity of demand – percentage, total expenditure and geometric method.

Forms of Market and Price Determination

Forms of market – meaning and features
Effects of shifts in demand and supply
Monopoly and imperfect competitions
Price determination under perfect competition

National Income and related aggregates

Private Income, Personal Income and Personal Disposable Income

Macroeconomics: Meaning

Concepts of GDP, NDP, GNP, NNP (at market price and factor cost)

Circular flow of income

National Disposable Income

Measurement of National Income

Producer Behavior & Supply

Agents of production, Production function

Consumer surplus

Cost and Revenue- meaning and various types of costs and revenue

Supply, supply curve, market supply, determinants of supply, movement along and shifts in supply curve, price elasticity of supply and its measurement

Components and theories of distribution

Returns to a factor and returns to scale

Welfare economics: Pareto Optimal, private and social products

Determination of Income and Employment

Aggregate demand, Aggregate supply and their components.

Propensity to consume and propensity to save.

Involuntary unemployment and full employment.

Determination of income and employment.

Concept of investment multiplier and its working.

Problems of excess and deficient demands, Measures to correct excess and deficient demands – availability of credit, change in Government spending.

Inflation: meaning, causes and remedies

Money and Banking

Money – meaning, evolution and functions.

Central bank – meaning and functions.

Commercial banks – meaning and functions.

Recent significant reforms and issues in Indian Banking System privatisation and modernisation

Government Budget and the Economy

Government budget – meaning and its components, Objectives of government budget.

Classification of receipts; classification of expenditure.

Types of budget

Revenue deficit, fiscal deficit and primary deficit meaning and implications; measures to contain different deficits.

Downsizing the role of government.

Balance of Payments

Foreign exchange rate- meaning (Fixed and Flexible),

Merits and Demerits;

Determination through demand and supply.

Balance of payments accounts – meaning and components

International Economics

Theories of international trade, free trade and protection

IMF – The World Bank and its associates.

WTO

Concepts of shares, NSEW, debentures, SEBI, BSE and various indices

Topics

Content

Introduction and collection, organization of data

Meaning, scope and importance of statistics in Economics, Collection and organisation of data.

Census of India and National Sample Survey Organisation.

Statistical Tools and Interpretation: Measures of Central Tendency, Geometric mean and harmonic mean, Measures of Dispersion.

Lorenz Curve: Meaning and its application.

Correlation – meaning. Measures of correlation – Karl Pearson’s method, Spearman’s rank correlation.

Time series analysis.

Introduction to Index Numbers – meaning, types – wholesale price index, consumer price index and index of industrial production, uses of index numbers

Inflation and index numbers.

Development Policies and Experience

A brief introduction of the state of Indian economy on the eve of independence.

Main features, problems and policies of agriculture, industry and foreign trade

Common goals of Five Year Plans, major controversies on planning in India.

Economic Reforms since 1991

Need & main features – liberalisation, globalisation and privatisation

An appraisal of LPG policies

Current challenges facing Indian Economy

Poverty and programmes for poverty alleviation

Rural development: Key issues – credit and marketing – role of cooperatives

Agricultural diversification

Alternative farming – organic farming

Human Capital Formation

Growth of Education Sector in India

Employment: opportunities and other related issues.

Infrastructural Problems and policies

Sustainable Economic Development: Meaning

Effects of Economic Development on Resources and Environment.

Development Experience of India

A comparison with neighbors India and Pakistan, India and China

Issues: growth, population, sectoral development and other developmental indicators.

Subjects

Number of questions

Number of Marks

General Awareness

20

20

General Intelligence & Reasoning Ability

20

20

Arithmetical & Numerical Ability

20

20

Test of Hindi Language & Comprehension

20

20

Test of English Language & Comprehension

20

20

Economics related questions

200

200

Total ( Three Hours)

300

300