NTA UGC NET 2021 Economics

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Sep 29, 2020

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Sudeshna Bhar

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CBSE UGC NET 2021 Economics deals with production, consumption, and transfer of currency. This section is one of the most sought after sections in CBSE UGC NET. Economics in UGC NET Exam consists of 2 papers. Paper 1 consists of General teaching and research aptitude whereas Paper 2  is on economics.Download UGC NET Sample Papers

The CBSE UGC NET  will be conducted in  Since the exam is only a few months away, candidates are advised to go through the full syllabus and prepare accordingly. Download All NET Subjects Syllabus Here.

There will be a total number of 150 questions for you to answer. Paper 1 comprises of 50 questions to test your teaching and reasoning ability, research aptitude, comprehension, divergent thinking, and general awareness while Paper 2 quizzes you on 100 questions based on your subject-specific knowledge. Check UGC NET 2020 Sample Papers, Old Question Papers, and Mock Tests

Each question carries 2 marks. Thus, Paper 1 is of 100 marks and Paper 2 is of 200 marks. The total marks for the exam are 300. Each correct answer fetches you 2 marks. Do not worry, there is no negative marking. Check UGC NET December 2019 Exam Analysis

UGC NET 2021 is the gateway for higher education as well as jobs for many candidates. Clearing NET exam makes you eligible to hold the job of an assistant professor in any college or university recognized by the government. Read All About UGC NET 2021 

CBSE UGC NET 2021 Exam Pattern

The Exam Pattern for Paper 1 and Paper 2 is tabulated below:

UGC NET Papers 

Number of Questions

Maximum Marks

Exam Duration

Paper 1 



A cumulative exam duration of 3 hours 

Paper 2 






3 hours

  • UGC NET will be conducted in Online mode.
  • Each candidate will be allocated a desktop with a pre-installed software specially created for the examination.
  • Make sure to check that the system and the mouse is working properly before the exam commences. 

UGC NET 2021 Syllabus for Economics

Economics syllabus for CBSE UGC NET 2017 is vast and cannot be prepared in a day. Syllabus of economics comprises of micro, macro, Indian economy, public finance among others. Candidates need to understand that only books cannot help them, they need to study current affairs regarding the economy too. The syllabus of CBSE UGC NET 2021 Economics is mentioned below:

Economics paper I

  • Teaching Aptitude: nature, objectives, characteristics and basic requirements; Learner’s characteristics; factors affecting teaching; Methods of teaching; Teaching aids; Evaluation systems

  • Research Aptitude: Research meaning, characteristics and types; steps of research; methods of research; research ethics; paper, article, workshop, seminar, conference and symposium; thesis writing its characteristics and format
  • Reading Comprehension
  • Communication: nature, characteristics, types, barriers and effective classroom communication
  • Reasoning (including mathematical): Number series, letter series, codes, relationships, classification
  • Logical Reasoning: Understanding the structure of arguments; evaluating and distinguishing deductive and inductive reasoning; verbal analogies, word analogy, applied analogy; verbal classification; reasoning logical diagrams; analytical reasoning
  • Data Interpretation: Sources, acquisition and interpretation of data; quantitative and qualitative data; graphical representation and mapping of data
  • Information and Communication Technology: ICT meaning, advantages, disadvantages and uses; General abbreviations and terminology; Basics of internet and emailing
  • People and Environment: People and environment interaction; sources of pollution; pollutants and their impact on human life, exploitation of natural and energy resources, natural hazards and mitigation
  • Higher Education System: Governance, Polity and Administration; Structure of the institutions for higher learning and research in India; formal and distance education; professional/technical and general education; value education; governance, polity and administration; concept, institutions and their interactions.

For economics paper II and Paper III, check out the full syllabus here.

Important topics for CBSE UGC NET 2021 Economics.

CBSE UGC NET 2021 Economics will be conducted in July. It is only a few months away, candidates may not have much time to prepare for the exam. But there are few tricks and tips that can help candidates to score higher.

Go through the UGC NET 2020 History Online Practice Tests free of Cost

Every examination has particular topics which have more weight than any other topics. When only few months are left, Candidates should emphasize more on them. Given below is a list of some important selected topics for UGC NET 2021 Economics subject which will help candidates in covering syllabus of UGC NET Paper-II.  Click here to download Paper 2 Subjects Syllabus PDFs

Important Topics for Economics Paper II

  • Micro Economics
  • Macro Economics
  • Indian Economy
  • Public Finance
  • Development & Planning
  • Theory of Demand & production
  • Keynesian and Post Keynesian approaches
  • Theories of trade & development
  • Theories of taxation and public Expenditure
  • Fiscal policy and Fiscal reforms in India
  • National / International Institution & organization and their Role
  • Industrial Structure and economic Growth
  • Poverty, Population and Economic Development
  • Agriculture and their aspects in Indian Economy

Books for reference

For any subject related study, resourceful study material is extremely important. Half of your preparation is dependent on relevant books which cover the entire syllabus in an optimal manner. Here is a list of such study material for UGC NET Economics Subject:

Subject Author
Macroeconomics  H L Ahuja
Modern Microeconomics  Koutsoyiannis A H. L. Ahuja
Modern Microeconomics Kalyanjit Roy Choudhury
Monetary Economics  S B Gupta.
International Economics  M. L. Jhingan.
Dictionary of Economics Ghaham Bannock; T.E. Baxter, Ray Rees
Economics Paul A. Samuelson
An Introduction to Economics  A.W. Stonier and D.C. Hauge.
Monetary Theory and Public Policy Kenneth Kurihara
Outline of Monetary Economics A.C.I. Day
Public Finance  H.L. Bhatia
Modern Banking R.S. Sayers
Macro Economic Analysis Edward Shepiro
Money Supply in India: Concepts, Compilation and Analysis: Functions and Working Reserve Bank of India
Economic Growth and Development Mayer and Baldwin
Public Finance K.K. Andley and Sundharam
National Income Accounting Bakerman
Economics Choice Koutsweanik
Banking S.B. Gupta
International Trade – Bo Soderston
Statistical Methods S P Gupta

*The article might have information for the previous academic years, please refer the official website of the exam.