IAS ECONOMICS OPTIONAL

ABOUT US

At Sourav Sir's Classes, one will get a vivid description about various career options, analytical skills, tricks and ways to solve highly competitive examinations easily by SOURAV SIR’S study materials and tuitions both online and offline giving the student an exceptional advantage over other students.

The IAS ECONOMICS OPTIONAL program offers an opportunity to study state-of-the-art syllabus from experts in the field.

WHERE DO WE COME IN?

Here, at Sourav Sir's Classes, We believe that a healthy environment and the right amount of work helps a student achieve peak performance levels. With Sourav Sir's Classes, we have tried to invoke that spirit through the various facilities available at our tuition study centres for all our programs. These facilities include, but are not limited to, the following:

LIVE CLASSES

1. Complete mock tests series

2. Past years entrance questions solutions will also be done.

3. The topic wise analysis will be done.

4. Complete study materials will be provided

5. Special doubt clearing sessions.

6. Every live class will also be recorded so if you miss any session you will get the recording.

ABOUT THE EXAM

Economics is one of the optional subjects offered by the UPSC in the civil services mains exam. Though not as popular as some other subjects like Public Administration or Geography, Economics has a good success rate among candidates. There have been toppers with this optional also. For instance, in Civil Service Exam 2013 the first rank holder, Gaurav Agrawal had economics as his optional.

Economics optional would cover about 60% of UPSC syllabus for GS paper III, hence the overlap is significant. Also, in the prelims paper, at least 30 marks can be covered by this optional subject. If candidates have a good knowledge of using and understanding graphs, they can get high marks in the economics papers.

ELIGIBILITY CRITERIA

Minimum Educational Qualifications to appear for UPSC Civil Services Exam | IAS Exam Eligibility

The minimum age to appear for IAS / UPSC Exam is 21 years. This means that the candidate must have at least 21 years of age on 1st August of that given year when the exam is held. For example, if the candidate is appearing for 2020 prelims, he/she should be above 21 years of age by Aug 1, 2020.

Upper age limit to appear for UPSC IAS Exam | IAS Exam Eligibility

Upper age limit is also calculated on the date Aug 1. This means if the candidate is appearing for 2019 prelims, he/she should be below the mentioned maximum limit by Aug 1, 2019. Upper age limit is fixed different for different categories, which is as given below.

  • Upper age limit for General category: 32 years.

  • Upper age limit for OBC: 35 years.

  • Upper age limit for SC/ST: 37 Years.

  • Upper age limit for Defense Services personnel disabled in operations during hostilities with any foreign country or in a disturbed area and released as a consequence thereof: 35 years.

  • Upper age limit for Ex-servicemen including Commissioned Officers and ECOs/SSCOs who have rendered at least five years Military Service: 37 years.

  • Upper age limit for blind, deaf-mute and Orthopaedically handicapped persons (general category): 42 years.

Apart from the mentioned limits, OBC/ SC/ ST candidates will get the benefit of cumulative age relaxation. This means age relaxations gets added in special cases, say, for example, if the person is OBC + Ex-service men, he will get an extension of 5 + 7 = 12 years, ie his upper age limit now stands at 42 years.

Economics Optional Syllabus for UPSC Mains

Syllabus plays a very important role in Economics Optional for IAS, because more often than not, many questions come directly from the phrases used in the syllabus by the Civil Services Website. Here is the complete UPSC Economics Optional Syllabus for the candidates to refer to.

Paper I

1 Advanced Micro-Economics:

2 Advanced Macro-Economics:

3 Money – Banking and Finance:

4 International Economics:

5 Growth and Development:

Paper II

  1. Indian Economy in Pre-Independence Era: Land System and its changes, Commercialization of agriculture, Drain theory, Laissez-faire theory and critique. Manufacture and Transport: Jute, Cotton, Railways, Money and Credit.

  2. Indian Economy after Independence:

A. The Pre Liberalization Era:

  1. Contribution of Vakil, Gadgil and V.K.R.V. Rao.

  2. Agriculture: Land Reforms and Land Tenure System, Green Revolution and Capital Formation in Agriculture.

  3. Industry Trends in composition and growth, Role of Public and Private sector, Small-Scale and cottage industries.

  4. National and Per Capita Income: Patterns, Trends, Aggregate and Sectoral Composition and changes therein.

  5. Broad factors determining National Income and distribution, Measures of poverty, Trends in poverty and inequality.

 

B. The Post Liberalization Era:​

  1. New Economic Reform and Agriculture: Agriculture and WTO, Food Processing, Subsidies, Agricultural Prices and Public Distribution System, Impact of Public Expenditure on agricultural growth.

  2. New Economic Policy and Industry: Strategy of Industrialization, Privatization, Disinvestments, Role of Foreign Direct Investment and Multinationals.

  3. New Economic Policy and Trade: Intellectual Property Rights: Implications of TRIPS, TRIMS, GATS and new EXIM policy.

  4. New Exchange Rate Regime: Partial and Full Convertibility, Capital Account Convertibility.

  5. New Economic Policy and Public Finance: Fiscal Responsibility Act, Twelfth Finance Commission and Fiscal Federalism and Fiscal Consolidation.

  6. New Economic Policy and Monetary System. Role of RBI under the new regime.

  7. Planning: From Central Planning to Indicative Planning, Relation between planning and markets for growth and decentralized planning: 73rd and 74th Constitutional amendments.

  8. New Economic Policy and Employment: Employment and Poverty, Rural Wages, Employment Generation, Poverty Alleviation Schemes, New Rural Employment Guarantee Scheme.

notes and study materials

STUDY MATERIALS ARE PROVIDED FREE of cost to the students who have ENROLLED in our programs

Our faculty of highly qualified teachers and researchers have combed through several books and journals, having collected and processed all the information so that it becomes easily accessible to the student. The study material is prepared in a time tested fashion with the student kept in mind in such a fashion that the student can catch up on the various topics in the event of missed lectures. Besides the theory being extensively discussed, an enormous collection of problems has been added so that the student can learn to apply the concepts over a diverse spectrum of difficulty. All the problems have been worked out thoroughly so that in case the student gets stuck, we've got you covered!

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