UGC NET-JRF

ECONOMY

Online Coaching

Economics is one of the most technical subjects in the UGC NET Humanities stream. To clear JRF, you need more than just theory; you need mathematical precision and updated data. Our current module focuses on:

Conceptual Clarity: Deep dives into Consumer Theory and General Equilibrium.
Mathematical Edge: Step-by-step solutions for Optimization and Regression models.
Dynamic Data: Real-time updates on the Indian Budget, Economic Survey, and Finance Commission reports.

Why Students Choose EGF Academy for UGC NET Economy

Success in the UGC NET exam isn't just about working hard; it’s about working strategically. At EGF Academy, we bridge the gap between "studying everything" and "studying what matters."

1. 100% Updated Curriculum

The NTA frequently updates the depth of its questions. Our modules for Political Science, Economics, and Paper 1 are refreshed every cycle to include the latest exam trends, the 2026 Union Budget data, and evolving International Relations theories.

2. Simplification of Technical Units

Many students struggle with the mathematical parts of Economics (Econometrics) or the complex theories in Political Science (Western Thought).

Our Approach: We break down complex derivatives and political philosophies into "Layman’s Terms" so students from any background can score 75+ in Paper 2.

3. The "JRF-Focused" Mock Test Series

We don’t just give you questions; we give you the Exam Experience.

CBT Interface: Our test portal mimics the actual NTA Computer Based Test environment.
Detailed Analytics: After every test, get a breakdown of your "Time per Question" and "Subject-wise Accuracy" to identify your weak spots.

4. Smart Revision Tools (Mind Maps & Cheat Sheets)

With 10 units to cover, retention is the biggest challenge. We provide:

Thinker-Book Chronology Charts: For quick memorization.
Formula Sheets: For Economics and Paper 1 Data Interpretation.
Unit-wise PDF Highlights: For last-minute revision.

5. Bilingual Support (English Medium Focus)

While our primary instruction is in English, we explain complex concepts in a way that is easy to grasp for students across India, ensuring no language barrier stands between you and your JRF.

6. Proven Track Record & Mentorship

Join a community of scholars. Our mentors are not just teachers; they are JRF qualifiers themselves who provide personalized guidance on how to manage time between Paper 1 and Paper 2.

Affordable NET online coaching : EGF Academy provides the best and affordable ugc net Economy classes for talented students who cannot afford very high fee of coaching institutes. We offer the best faculty along with comprehensive course. We have a team of highly knowledgeable and experienced educators who specialize in every unit of the subject. Our goal is to provide students with the best online classes for ugc Economy at affordable fee.

Classes in Hindi and English medium: We provide Economy net coaching online classes in hindi medium as well as in english medium.

NTA/UGC NET

ECONOMY

COURSE FEE- ₹9500/-

pay fee

Contact Us

egfacademycare@gmail.com

Call/Whatsapp @ +91-7819030589

COURSE FEATURES

500+ Hours of Classes

The Classes will cover the entire syllabus of NET Economy comprehensively

1:1 Mentorship

Each student will get mentorship which will guide them on the Right Path of preparation

Expert Educators

Every teacher is well qualified with years of experience of teaching NET students

Rivision Classes

Rivision classes will be conducted on regular basis

Teaching Methodology

We have integrated approach focusing on concept and application based learning

Study Material

We provide well researched comprehensive study material based on latest syllabus

Regular Tests

Regular test series conducted based on latest exam pattern

Doubt Clearing Sessions

Regular interactive session with subject experts with Detailed & simplified solutions

NET Economics SYLLABUS

Unit-1 : Micro Economics
Theory of Consumer Behaviour
Theory of Production and Costs
Decision making under uncertainty Attitude towards Risk
Game Theory – Non Cooperative games
Market Structures, competitive and non-competitive equilibria and their efficiency properties
Factor Pricing
General Equilibrium Analysis
Efficiency Criteria: Pareto-Optimality, Kaldor – Hicks and Wealth Maximization
Welfare Economics: Fundamental Theorems , Social Welfare Function
Asymmetric Information: Adverse Selection and Moral Hazard
Unit-2 : Macro Economics
National Income: Concepts and Measurement
Determination of output and employment: Classical & Keynesian Approach
Consumption Function
Investment Function
Multiplier and Accelerator
Demand for Money
Supply of Money
IS – LM Model Approach-2-
Inflation and Phillips Curve Analysis
Business Cycles
Monetary and Fiscal Policy

Rational Expectation Hypothesis and its critique
Unit- 3 : Statistics and Econometrics
Probability Theory: Concepts of probability, Distributions, Moments,
Central Limit theorem
Descriptive Statistics – Measures of Central tendency & dispersions,
Correlation, Index Numbers
Sampling methods & Sampling Distribution
Statistical Inferences, Hypothesis testing
Linear Regression Models and their properties – BLUE
Identification Problem
Simultaneous Equation Models – recursive and non-recursive
Discrete choice models
Time Series Analysis
Unit-4 : Mathematical Economics
Sets, functions and continuity, sequence, series
Differential Calculus and its Applications
Linear Algebra – Matrices, Vector Spaces
Static Optimization Problems and their applications
Input-Output Model, Linear Programming
Difference and Differential equations with applications
Unit-5 : International Economics
International Trade: Basic concepts and analytical tools
Theories of International Trade
International Trade under imperfect competition
Balance of Payments: Composition, Equilibrium and Disequilibrium and Adjustment Mechanisms
Exchange Rate: Concepts and Theories
Foreign Exchange Market and Arbitrage
Gains from Trade, Terms of Trade, Trade Multiplier3-Tariff and Non-Tariff barriers to trade; Dumping GATT, WTO and Regional Trade Blocks; Trade Policy Issues
IMF & World Bank
Unit-6 : Public Economics
Market Failure and Remedial Measures: Asymmetric Information,
Public Goods, Externality
Regulation of Market – Collusion and Consumers’ Welfare
Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and non-Progressive Taxation, Incidence and Effects of Taxation
Public expenditure
Public Debt and its management
Public Budget and Budget Multiplier
Fiscal Policy and its implications
Unit-7 : Money and Banking
Components of Money Supply
Central Bank
Commercial Banking
Instruments and Working of Monetary Policy
Non-banking Financial Institutions
Capital Market and its Regulation
Unit-8 : Growth and Development Economics
Economic Growth and Economic Development
Theories of Economic Development: Adam Smith, Ricardo, Marx, Schumpeter, Rostow, Balanced & Unbalanced growth, Big Push approach.
Models of Economic Growth: Harrod-Domar, Solow, Robinson, Kaldor
Technical progress – Disembodied & embodied; endogenous growth
Indicators of Economic Development: PQLI, HDI, SDGs
Poverty and Inequalities – Concepts and Measurement
Social Sector Development: Health, Education, Gender

Unit-9 : Environmental Economics and Demography
Environment as a Public Good
Market Failure
Coase Theorem
Cost-Benefit Analysis and Compensation Criteria
Valuation of Environmental Goods
Theories of Population
Concepts and Measures: Fertility, Morbidity, Mortality
Age Structure, Demographic Dividend
Life Table
Migration
Unit-10 : Indian Economy
Economic Growth in India: Pattern and Structure
Agriculture: Pattern & Structure of Growth, Major Challenges, Policy Responses
Industry: Pattern & Structure of Growth, Major Challenges, Policy Responses
Services: Pattern & Structure of Growth, Major Challenges, Policy Responses

Rural Development – Issues, Challenges & Policy Responses
Urban Development – Issues, Challenges and Policy Responses.
Foreign Trade: Structure and Direction, BOP, Flow of Foreign Capital, Trade Policies
Infrastructure Development: Physical and Social; Public-Private Partnerships
Reforms in Land, Labour and Capital Markets
Centre-State Financial Relations and Finance Commissions of India; FRBM
Poverty, Inequality & Unemployment

FAQs

Q: What is the eligibility for UGC NET Economics?

Answer: To be eligible, you must have a Master’s degree (MA/M.Sc) in Economics, Applied Economics, Development Studies, or Business Economics.

General/EWS: Minimum 55% marks.
OBC-NCL/SC/ST/PwD/Transgender: Minimum 50% marks.
Note: Final-year students can also apply provisionally but must complete their degree within two years of the NET result.

Q: Is there any age limit for JRF in Economics?

Answer: Yes, for the Junior Research Fellowship (JRF), the maximum age is 30 years (as of the first day of the exam month).

Relaxations: Up to 5 years for Women, OBC-NCL, SC, ST, and PwD candidates.
Assistant Professor: There is no upper age limit to apply for the Assistant Professor-only category.

Q: How many numerical questions are asked in Paper 2?

Answer: Recent trends show a steady rise in numericals. Expect 15–20 questions specifically from Mathematical Economics (Optimization, Game Theory) and Statistics/Econometrics (Regression, Hypothesis Testing). Our course simplifies these with step-by-step video solutions.

Q: Which units have the highest weightage in NET Economics?

Answer: While NTA tries to balance all 10 units, Microeconomics, Macroeconomics, and Indian Economy usually contribute the largest chunk of questions. In the current cycle, Econometrics and Public Economics have also seen increased importance.

Q: How should I prepare for the Indian Economy unit (Unit 10)?

Answer: This unit is highly dynamic. You must focus on:

The current Union Budget and the Economic Survey.
Latest Finance Commission recommendations (16th FC).
Current RBI Monetary Policy rates and schemes like PM-Kisan or PLI.
At EGF Academy, we provide a "Dynamic Data PDF" that updates these figures monthly.

Q: What is the marking scheme for the current Economics exam?

Answer: * Total Questions: 150 (50 in Paper 1 + 100 in Paper 2).