Madhya-Pradesh P.S.C. Examination
MPPSC Mains Syllabus
MPPSC Mains Economics Syllabus
Economics ( Code No. 13 ) Paper- I
- Economic activities and circular flow of income, nature of Micro and Macro economics. Basic problems of the economy, concept and measurement of National Income.
- Consumer behavior - Law of demand, Elasticity of demand, Utility analysis and indifference curves technique.
- Producer's behavior - Production function, Laws of Returns. Returns of Scale. Cost curves.
- Price Theory - Price determination under different market conditions, pricing of factors of production. Keynesian Theory of employment and model of income determination.
- Banking - Objectives and instruments of credit control.Monetary and credit policies in a planned developing economy.
- Types and principles of taxation, Principles of public expenditure, Objectives and instruments of Fiscal Policy, Center - state financial relations.
- International Trade - Theories of International Trade, Trade Liberalization and W.T.O. , Role of foreign capital in economic development, determination of exchange rates, balance of payments.
- International Monetary Institutions - I.B.R.D., I.M.F. and Asian Development Bank.
- Environmental implications of development - Renewable and non renewable resources, Pollution - land, water, air and deforestation.
Economics( Code No. 13 ) PAPER - II Indian Economy
- Basic charatistics of Indian economy. Human and natural resources, Structure of Indian Economy and composition of India's National Income, problems of urban and rural economy.
- Agricultural Development - Agricultural Policy, land reforms, green revolution and its aftermath, programmes of rural development.
- Industrial Development- Industrial policy, public & private sector- privatization of public sector. Problems of Industrial development in India. Policies of infrastructure development in India.
- Economic Reforms & social justice in India, Regulation of capital market, foreign currency market and foreign investment.
- Fiscal and monetary policy in India - objectives and recent budgetary trends, Reserve Bank of India and monetary policy. Financial sector reforms and Banking.
- Recent trends in India's foreign trade and balance of payments. Currency convertibility on current and capital account. Impact of W.T.O. on Indian Economy.
- Indian Planning - objectives & strategies, achievements and failures of Indian Planning, Problems of Indian planning.
- Study of Madhya Pradesh Economy - Natural resources, Human resources, Possibilities & Problems of Agricultural and Industrial development, State domestic product, Resource mobilization.