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GATE

Economics

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More than 400 Hours of content

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ArthaPoint - GATE
Economics Coaching

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  • Live Lectures 

  • Recorded batch also available

  • 3000 + questions

  • More than 400+ Hours

  • Every basic economics concept covered

  • About 300+ Assignments throughout the course

  • Assignments & Tests

  • E-Notes

  • Unlimited Doubt Resolution

  • Mock Papers

  • Access to course till date of exam

  • Past year exam discussion

  • Fee - Rs 19,500 (Recorded Batch)    

                Rs 22,500 (Live Batch)

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GATE Economics 2025
New Batch Started

DEMO LECTURE
ArthaPoint - GATE Economics

GATE Economics Past Year

GATE Economics Past Year

IIT JAM Economics Test Series

GATE Economics Past Year

GATE Economics Past Year

For more demo lectures, download our app - Arthapoint

SYLLABUS
ArthaPoint - GATE Economics

ArthaPoint provides the complete Gate Economics Syllabus and offers advice for preparing for the Gate Economics exam. Enroll today to gain access to previous year question papers and expert guidance.

Microeconomics

  • Theory of Consumer Behaviour

  • Cardinal Approach and Ordinal

  • Approach

  • Consumer Preferences

  • Nature of the utility function

  • Marshallian and Hicksian

  • demand functions

  • Duality Theorem

  • Slutsky equation and Comparative Statics

  • Homogeneous and Homothetic Utility Functions 

  • Euler’s Theorem

  • The Theory of Revealed Preference

  • Weak Axiom of Revealed Preference and Strong Axiom of Revealed Preference

  • Theory of Production and Costs

  • Short-run and Long-run Analysis

  • Existence

  • Uniqueness and Stability of Market Equilibrium

  • Walrasian and Marshallian Stability Analysis

  • The Cobweb Model

  • Decision making under uncertainty and risk

  • Asymmetric Information

  • Adverse Selection and Moral Hazard

  • Theory of Agency costs

  • The Theory of Search

  • Theory of the Firm

  • Market Structures

  • Competitive and Non-competitive equilibria and their efficiency properties

  • Structure-Conduct-Performance Paradigm

  • Factor Pricing: Marginal productivity

  • Theory of Distribution in Perfectly Competitive markets

  • Theory of Employment in Imperfectly Competitive Markets

  • Monopolistic Exploitation

  • General Equilibrium Analysis

  • Welfare Economics

  • Fundamental Theorems

  • Social Welfare Function

  • Efficiency Criteria: Pareto-Optimality

Macroeconomics

  • National Income Accounting

  • Closed Economy Concepts and Measurement and Open Economy Issues

  • Determination of output and employment

  • Classical & Keynesian Framework 

  • Theories of Consumption: Absolute Income Hypothesis

  • Relative Income Hypothesis

  • Life Cycle Hypothesis 

  • Permanent Income Hypothesis and Robert Hall’s Random Walk Model 

  • Investment Function Specifications

  • Dale Jorgenson’s Neoclassical Theory of Capital Accumulation and Tobin’s

  • Keynesian Stabilization Policies, (Autonomous) Multipliers and Investment Accelerator

  • Demand and Supply of Money

  • Components of Money Supply

  • Liquidity Preference and the Liquidity Trap

  • Money Multiplier 

  • Interest Rate determination

  • Central Banking, Objectives

  • Prudential Regulation

  • Quantitative Easing 

  • Commercial Banking,

  • Non-Banking Financial Institutions 

  • Capital Market and it's Regulation

  • Theories of Inflation and Expectations

  • Augmented Phillips Curve

  • Real Business Cycles 

  • Adaptive Expectations Hypothesis

  • Rational Expectation Hypothesis and its critique.

  • Closed Economy IS-LM Model and Mundell Fleming Model:

  • Monetary and Fiscal Policy Efficacy.

  • The Impossible Trinity.

Statistics

  • Probability Theory

  • Concepts of probability 

  • Probability Distributions (Discrete and Continuous) 

  • Central Limit Theorem

  • Index Numbers and Construction of Price Indices, Sampling Methods & Sampling Distribution,

  • Statistical Inferences 

  • Hypothesis Testing

Econometrics

  • Linear Regression

  • Models and the Gauss Markov Theorem 

  • Heteroscedasticity

  • Multicollinearity and Autocorrelation

  • Spurious regressions and Unit roots

  • Simultaneous Equation Models -Recursive and non-recursive

Mathematics

  • Identification Problem

  • Differential Calculus and its Applications,

  • Linear Algebra

  • Matrices

  • Applications of Cramer’s Rule 

  • Static Optimization

  • Problems and Applications 

  • Input-Output Model

  • Linear Programming

  • Difference equations and Differential equations with applications

Indian Economy

  • Economic Growth in India: Pattern and Structure

  • Agriculture

  • Industry & Services Sector: Pattern & Structure of Growth, Major Challenges

  • Policy Responses

  • Rural & Urban Development- Issues, Challenges & Policy Responses

  • The flow of Foreign Capital

  • Trade Policies

  • Infrastructure Development: Physical and Social

  • Public-Private Partnerships

  • Reforms in Land

  • Labour and Capital Markets

  • Poverty

  • Inequality & Unemployment

  • The functioning of Monetary Policy in India 

  • Fiscal Policy in the Indian context: Structure of Receipts and Expenditure

  • Tax reforms-Goods and Services Tax

  • Issues of Growth and Equity

  • Fiscal Federalism

  • Centre-State Financial Relations and Finance Commissions of India

  • Sustainability of Deficits and Debt

  • The Fiscal Responsibility and Budget Management Act 2003

  • Demonetization and aftermath

  • India’s balance of payments

  • Composition of India’s Trade

  • Competitiveness of India’s exports

  • India’s exchange rate policy

Development Economics

  • Theories of Economic Development: Adam Smith, David Ricardo, Karl Marx, J.Schumpeter, W. Rostow 

  • Balanced & Unbalanced Growth 

  • Big Push Approach

  • Indicators of Economic Development: HDI, SDGs, MDGs

  • Poverty and Inequalities- Concepts and Measurement Issues

  • Social Sector Development 

  • Health

  • Education

  • Gender

  • Fertility

  • Morbidity

  • Mortality

  • Migration

  • Child Labor

  • Age Structure

  • Demographic Dividend 

  • Models of Economic Growth

  • Harrod-Domar

  • Solow

  • Ramsey

  • Technical progress- Disembodied & Embodied

  • Endogenous Growth Models.

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

  •  Tax Incidence

  • Fiscal Policy and its implications

  • Environment as a Public Good

  • Market Failure

  • Coase Theorem

  • Cost-Benefit Analysis.

International Economics

  • Theories of International Trade

  • International Trade under Imperfect Competition

  • Gains from Trade 

  • Terms of Trade

  • Trade Multiplier

  • Tariff and Non-Tariff Barriers to trade

  • Dumping and Anti-Dumping Policies 

  • GATT, WTO and Regional Trade Blocks

  • Trade Policy Issues

  • Balance of Payments: Composition Equilibrium and Disequilibrium and Adjustment Mechanisms

  • Foreign Exchange Market and Arbitrage

  • Exchange rate determination

  • IMF & World Bank.

GATE Economics Past Year Papers

GATE Economics Past Year Solutions

Gate Economics Course in India

 

GATE, or the Graduate Aptitude Test in Engineering, is a computer-based standardised test that is one of India's most important national-level examinations. The Indian Institute of Science (IIS) and seven Indian Institutes of Technology jointly administer GATE (IITs).

 

Candidates who take the IIT JAM Economics Exam have the opportunity to develop their abilities via the challenging work they do. Career prospects for Economics experts such as Economic Analysts, Economic Researchers, and Economic Consultants have recently increased.

 

In India, there are several admission exams for master's degrees, and IIT JAM is one of the most popular among graduates.

 

We are India's largest economics platform to assist students who wish to enrol in the IIT JAM Economics Course in India. We furnish uniquely designed video content, question bank and mock test to the IIT aspirants.

 

Gate economics is one of the most recent subjects in the GATE test. According to the popularity of this exam, 2000 to 3000 students take GATE economics every year. We deliver aspirants various information regarding the Gate Economics Course in India and career options available after passing the GATE economics exam. Gate Economics and IIT JAM Economics Course in India are gateway exams for admission to IITs. All IITs that offer master's programmes in Economics recognise the Gate Economics and IIT JAM Economics scores.

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