In this article, we have mentioned the syllabus, resources, and guideline to appear the Economic and Social issues part of your preparation:
Given below is the syllabus of Economics and Social Issues:
Syllabus of Economics
Growth and development
- Size of growth: National income as well as per capita income
- Poverty alleviation as well as employment generation in India
- Sustainable Development as well as Environmental issues
Globalization
- Commencing up of the Indian Economy
- Balance of Payments
- Import- Export policy
- International Economic Institutions
- World Bank and IMF
- WTO
- Regional Economic Co-operation
Economic reforms in India
- Monetary and Fiscal policy
- Industrial and Labor policy
- Role of Economic Planning
- Privatization
Social System in India
- Multiculturalism
- Demographic Tendencies
- Urbanization and Migration
- Gender Issues
- Social Justice: Positive Discrimination in desires of the underprivileged
- Social Action
- Indian Political system
- Human development
- Social sectors in India: Health & Education
Resources for preparation
Following are the questions can be asked in Economics and Social Issues subjects:- Economic Survey of India
- The Budget Document
- Conceptual based (Books)
- Basic skills (NCERT)
- Newspapers (Current events, factual in nature)
- Press Information Bureau
- The Hindu Newspaper
- The Economic Survey of India
- The Union Budget
- Economic & Political Weekly
- Yojana
- Pratiyogita Darpan
- Southern Economist
- Business India
- RBI Bulletins
Strategy
- Check the sample papers to be familiarise with the type of questions
- Determine your pace & accuracy
- Perceive your strengths & weaknesses
Approach
The Economic and Social Issues preparation will be divided into two parts Static and DynamicWhile the static part specializes in conceptual understanding of economic & social concepts, the dynamic segment specializes in current affairs associated with economic and social issues.
Static
- If you’re new to economics, refer to NCERT economics textbooks of class 10, eleven and 12 . Get ya clear vision of the topics like national income, improvement and boom, budget, financial institution quotes, fiscal/revenue deficits, banking & finance sector of India, Niti Aayog, planning fee, position of government of India, taxation, inflation, repo charge etc .
- After reading the basic concepts move to monetary plicy of India, modern census, union budget, FAQ section of the RBI website
Dynamic
- Magazines like Yojana and Pratiyogita Darpan and newspapers like The Hindu and monetary instances for current affairs of remaining are a good source for dyanmic concepts of economics. Pay attention to the minute information like facts, figures, numbers, and percentages noted. Numerous questions requested on this segment are factual in nature.
- For social, read up approximately the diverse social zone schemes & welfare packages.
