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UGC NET Economics 2024 Exam

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About UGC NET Economics Exam

National Testing Agency (NTA) has uploaded the UGC NET 2023 notification along with exam registration dates and exam dates on its official website. NTA has released the UGC NET 2023 Notification PDF for June-2023 Examination for the post of Assistant Professor and Junior Research Fellowship (JRF) on 10th May 2023. NTA will conduct UGC NET 2023 exam for eligibility for JRF and Assistant Professor in 83 subjects. in CBT mode. Aspirants can check all the detailed information related to UGC NET 2023 June cycle.


UGC NET Economics Exam Date

The UGC NET exam date 2023 for the UGC NET's June cycle has been notified on the official website along with UGC NET Notification 2023. The UGC NET 2023 online CBT exam was held from the 13th to the 22nd of June 2023. Check the important dates for UGC NET 2023 as mentioned below. 

Events Dates
UGC NET Notification 10th May 2023
Release of Application form 10th May 2023
UGC NET Application Form Last Date 31st May 2023 (up to 5 pm)
Last date to Pay Fee 01st June 2023 (upto 11:50 P.M)
Correction of Application Form  02nd – 03rd June 2023 (upto 11:50 P.M)
UGC NET Admit Card 2023 10th June 2023
UGC NET 2023 Exam Dates 13th to 22nd June 2023
UGC NET Answer Key 2023 06th July 2023 
UGC NET Result 2023 25th July 2023 
Official website https://ugcnet.nta.nic.in 

UGC NET Economics Eligibility

Age Limit 

Age criteria that candidates need to have in order to be eligible for the exam is as follows:

  • To apply for Junior Research Fellowship (JRF) Candidates should not be aged more than 31 years as of June 01, 2022.
  • For the role of Assistant Professor, there is no age bar to apply
  • SC/ST/OBC/PwD and women candidates will be given a relaxation of five years. Candidates who have research experience will be given relaxation, limited to the period spent on research in the relevant subject of Post Graduation degree.

Age Limit for Assistant Professor

The candidates who are appearing for the UGC NET Exam for the post of Assistant professor only do not have to adhere to any upper limit pertaining to the age criteria.
 

Age Limit for JRF

The candidates applying for the UGC NET Exam 2022 for the post of JRF should not exceed the age of 31 years as of June 01, 2022. The candidates are also offered several relaxations based on the category they belong to. The candidates will not be eligible for the position if they cross the upper age limit set for the category they belong to.
 

Age Relaxation
 

Category

Age Relaxation (in years)

SC/ST/OBC/PwD/Transgender

5

Females of all categories

5

Candidates holding LLM degree

3

Candidates in armed forces

5


Educational Qualification

Candidates need to obtain the below given educational qualification in order to be eligible for the UGC NET exam. Read them thoroughly before applying for the same:

  • Candidates should secure at least 55% marks in master’s degree exam candidates belonging to Scheduled Caste (SC)/Scheduled Tribe (ST)/Other Backward Class (OBC)/Persons with Disability (PwD)/Transgender category is given relaxation of 5%.
  • Candidates should have a post-graduation degree from a UGC-recognized college or university in relevant streams such as Electronic Science, Humanities, Computer Science & Applications, Social Science etc.
  • Candidates appearing or waiting for their final year results (master’s degree) are also eligible to apply online for UGC NET. However, such candidates will be accepted provisionally and will be considered eligible only when they pass their master’s exam with the required percentage. “Such candidates need to complete their PG degree examination within two years from the date of NET result with required percentage of marks, failing which they shall be treated as disqualified”, notifies the Official website.
  • Those who hold PhD degree whose master’s exams completed on September 19, 1991, are eligible for a relaxation of five percent marks in the aggregate i.e. only 50 percent marks will be required for such candidates.
  • Candidates who have qualified as CA or CS or ICWA can appear for the UGC NET exam.
  • SC students are applicable for National Fellowship based on the merit of each UGC-NET-JRF or CSIR-NET-JRF examination.

Nationality

A candidate should be an Indian national to be eligible for UGC NET Recruitment. He should have any of the following document to prove his nationality:

  1. Birth Certificate
  2. Aadhar Card
  3. Pan Card
  4. School Leaving Certificate

UGC NET Economics Admit Card

The candidates must go through the below mentioned steps to download the UGC NET Admit Card.

Step 1: Click the direct link above to download the UGC NET Admit Card 2022.

Step 2: Candidates are required to enter their Login ID, date of birth, and security pin correctly.

Step 3: Click on the login button provided.

Step 4: Your UGC NET Admit Card will appear on your screen.

Step 5: Alternatively, you can also visit the UGC NET Official Website.

Step 6: The homepage of UGC NET will appear.

Step 7: Click the link “Download UGC NET Admit Card 2022.”

Step 8: Repeat the steps above mentioned downloading the admit card.

Step 9: Download it and take a print out of your admit card.

Step 10: Keep it safe for future reference.


UGC NET Economics Syllabus

There will be two papers in the UGC NET Exam. Paper 1 consists of 50 multiple-choice questions worth two marks each. Paper 2 i.e Economics consists of 100 questions, each worth two marks. Study the exam pattern for 2022 before downloading the UGC NET Economics Syllabus. Both papers will continue to be held in a single three-hour session which means there will be no break between the papers. Only a computer-based exam will be used i.e. online mode only. Candidates need to cover all the Check the important units of the NTA UGC NET Economics Syllabus below. Candidates need to cover all the important topics in each unit. 

  • Micro Economics.
  • Macro Economics.
  • Statistics and Econometrics.
  • Mathematical Economics.
  • International Economics.
  • Public Economics.
  • Money and Banking.
  • Growth and Development Economics.
  • Environmental Economics and Demography.
  • Indian Economy.

In the table below, we have provided a thorough syllabus for UGC NET Economics.

UGC NET Economics Syllabus

Unit 1: Micro Economics

Theory of Consumer Behavior.

Decision-making under uncertainty Attitude towards Risk.

Factor Pricing.

Theory of Production and Costs.

General Equilibrium Analysis.

Unit 2: Macro Economics

National Income: Concepts and Measurement

Consumption Function

Determination of output and employment

Investment Function

Inflation and Phillips Curve Analysis

Unit 3: Statistics and Econometrics

Probability Theory

Sampling methods & Sampling Distribution

Linear Regression Models and their properties

Statistical Inferences, Hypothesis testing

Descriptive Statistics

Unit 4: Mathematical Economics

Differential Calculus and its Applications

Static Optimization Problems and their applications

Difference and Differential equations with applications

Sets, functions and continuity, sequence, series

Linear Algebra–Matrices, Vector Spaces

Unit 5: International Economics

International Trade: Basic concepts and analytical tools

Theories of International Trade

GATT, WTO, and Regional Trade Blocks; Trade Policy Issues

International Trade under imperfect competition

Exchange Rate: Concepts and Theories

Unit 6: Public Economics

Market Failure and Remedial Measures

Regulation of Market

Public Budget and Budget Multiplier

Public Debt and its management

Fiscal Policy and its implications

Unit 7: Money and Banking


 

Components of Money Supply

Capital Market and it's Regulation

Commercial Banking

Instruments and Working of Monetary Policy

Non-banking Financial Institutions

Unit 8: Growth and Development Economics

Economic Growth and Economic Development

Theories of Economic Development

Indicators of Economic Development

Models of Economic Growth

Technical progress

Unit 9: Environmental Economics and Demography

Concepts and Measures: Fertility, Morbidity, Mortality

Age Structure, Demographic Dividend

Cost-Benefit Analysis, and Compensation Criteria

Valuation of Environmental Goods

Market Failure

Unit 10: Indian Economy

Economic Growth in India: Pattern and Structure

Centre-State Financial Relations and Finance Commissions of India; FRBM

Reforms in Land, Labour, and Capital Markets

Poverty, Inequality & Unemployment

Infrastructure Development


UGC NET Economics Exam Pattern

The exam pattern of the UGC NET Economics exam is given below in the table. Candidates can use it for future reference. Candidates can check the weightage of the paper II exam as well.

UGC NET Exam Pattern 2022

Economics Marks Weightage 

66.6%

No. of questions asked

100

Marks for each answer

2

Total Marks 

200

Paper Type

Subject-specific

Negative marking

No


UGC NET Economics How to Apply

Once the official announcement of UGC NET is released, candidates can start applying. Following are the steps you need to follow while applying,

  • Step 1: Candidates first need to go to the official website of NTA, ugcnet.nta.nic.in.

  • Step 2: Choose the “Apply Online” option.

  • Step 3: Click on the New Registration button.

  • Step 4: Fill in your basic details, like Name, Date of Birth, and whatever is asked.

  • Step 5: Submit the Application.

Once you submit the application an Application number and password will be sent to you. Now you are registered for the exam.

  • Step 6: Now login with your Application Number and password and fill the application form and submit it.

  • Step 7: Now you need to submit your application.

  • Step 8: Upload your photograph and a picture of your signature.

  • Step 9: Submit it and pay the application fees.


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Frequently Asked Questions (FAQ) UGC NET Economics Exam

Q. What is the Syllabus of UGC NET Economics Exam?
A. In this article Page, we have provided the latest syllabus of the UGC NET Economics exam. The syllabus of UGC NET Economics comprises the topics and sub-topics under sections, Knowledge of UGC NET Economics syllabus helps candidates to focus on their preparation and important areas of each subject.
Q. What is pattern of UGC NET Economics Exam?
A. In this article Page, we have provided the latest exam pattern of the UGC NET Economics exam . The pattern of comprises the subject wise pattern and no. of questions will come in exam, go to our article section of exam pattern for more details.
Q. Which is the best Mock test series for the UGC NET Economics Exam?
A. At Studyclap, candidates can practice a complete set of Mock Test Series, along with a free mock test designed by our well qualified and expert faculty Team.
Q. How to prepare for the UGC NET Economics Exam?
A. To prepare for UGC NET Economics exam, candidates should go through the exam syllabus and exam pattern, solve mock tests, practice previous years' question papers. Try to clear the concepts of each and every topic rather than cramming. Set a time to go over the chapters, Differentiate weak areas and work to improve them. Solve puzzles to improve logical skill.
Q. How to Download UGC NET Economics Exam Syllabus PDF?
A. Candidates can download UGC NET Economics exam syllabus PDF from our website for free. Candidates need to only register with us to download the exam syllabus.

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