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MPPSC Main Economics Syllabus

Updated on: Mar 22, 2013
Part-I

1.National Income:- Concept and measurement, Gross and net national Product, National Income at constant and current prices National income and welfare.

2.Consumer Behavior: - Economic choice, law of Demand, Utility. Analysis and indifference curve techniques, Consumer equilibrium.

3. Price Theory:- Cost curves and their relationships, Equilibrium of a firm under different market conditions, Pricing of factors of production, (modern theories).

4. Money and Banking:- Definition and functions of money, value of money. Quantity theory of money, Index numbers. Inflation and Deflation, types of banks, and their functions.

5. International Trade:- The theory of comparative costs, balance of payment and adjustment mechanism.

Part-II

Economic Growth and Development:- Meaning measurement, and determinants Characteristics of underdevelopment; Problems of Growth of developing economies.

Part-III

Indian Economy:- Trends in India's population since 1951 Developments in Indian agriculture since independence, specially with regard to food grains production and land reforms; land reforms in Madhya Pradesh. Industrial policy and, industrial development in India, planning in India, objectives, strategy rate and pattern of growth, deficit financing and India's Development Plans.
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