CUET Economics Syllabus

Brief Chapters, How to Prepare Economics… and more

CUET has become one of the biggest UG entrance carnivals for all aspiring students in the country. It will provide students with an equal opportunity to grab a seat in the most reputed universities and colleges in the country with their desired course. Students seeking to pursue a UG degree in economics, should go through the complete CUET economics syllabus thoroughly and begin their CUET economics preparation at the earliest. The National Testing Agency (NTA), which conducts the CUET has already published the detailed CUET 2025 syllabus on the official website. The same has also been briefly discussed in this article.

Economics is one of the popular domain subjects in section II, which a large number of students opt for. The economics syllabus for CUET covers the entire class 12 NCERT syllabus for economics, which includes topics like production and consumption of goods, accumulation, and distribution of services, etc. This subject tempts students with its rich diversity in the course syllabus/structure and also the advanced scope and opportunity it provides to the student after completion of the course.

Go through the article till the end to learn about the detailed CUET economics syllabus and also get to know a detailed strategy on how to prepare economics for CUET.

CUET Economics Syllabus

NTA has already declared the CUET economics syllabus and also made it clear that it will only include the NCERT syllabus of class 12th for economics (whole). The economics syllabus for CUET 2024 is divided into ten brief units. Those units are further divided into sub-units and chapters. Explore the detailed CUET economics syllabus in the table below.

Economics syllabus for CUET 2024:

Units

Sub-units

Unit I: Introduction to Microeconomics
  • What is microeconomics?
  • Central problems.

Unit II: Consumer Behaviour and Demand
  • Consumer’s Equilibrium: meaning and attainment of equilibrium through Utility Approach.
  • Demand: market demand, determinants of demand, demand schedule, demand curve.
  • Measurement of price elasticity of demand – percentage, total expenditure, geometric methods… and more

Introductory Macroeconomics

Unit III: National Income and Related Aggregates - Basic Concepts and Measurement
  • Macroeconomics: meaning.
  • Circular flow of income, concepts of GDP, GNP, NDP, and NNP (at market price and factor cost).
  • Measurement of National Income –Value Added method, Income method, and Expenditure method.

Unit IV: Determination of Income and Employment
  • Aggregate demand, aggregate supply, and their components.
  • Propensity to consume and propensity to save (average and marginal).
  • Meaning of involuntary unemployment and full employment.
  • Determination of income and employment.
  • Problems of excess and deficient demand.
  • Measures to correct excess and deficient demand.

Unit V: Money and Banking
  • Money: meaning, evolution, and functions.
  • Central Bank: meaning and functions.
  • Commercial banks: meaning and functions.

Unit VI: Government Budget and the Economy
  • Government budget – meaning and its components.
  • Classification of receipts – revenue and capital; classification of expenditure.
  • Balanced budget, surplus budget, and deficit budget: meaning and implications.
  • Revenue deficit, fiscal deficit, and primary deficit: meaning and implications; measures to contain different deficits.

Unit VII: Balance of Payments
  • Foreign exchange rate – meaning (fixed and flexible), merits and demerits; determination through demand and supply.
  • Balance of payments accounts – meaning and components.
  • A brief analysis of recent exchange rate issues.

Indian Economic Development

Unit VIII: Development Experience (1947-90) and Economic Reforms since 1991
  • A brief introduction of the state of the Indian economy on the eve of independence.
  • Main features, problems, and policies of agriculture (institutional aspects and new agricultural strategy), and foreign trade.

Unit IX: Current Challenges Facing the Indian Economy
  • Poverty – absolute and relative; Main programs for poverty alleviation.
  • Human Capital Formation – How many people become resources; Role of human capital in economic development.
  • Rural development: Key issues – credit and marketing – the role of cooperatives; agricultural diversification.
  • Employment: Growth and changes in the workforce participation rate in formal and informal sectors.
  • Infrastructure: Meaning and Types: Cases Studies: Health: Problems and Policies – A critical assessment.
  • Sustainable Economic Development.

Unit X: Development Experience in India
  • A comparison with neighbors.
  • India and Pakistan.
  • India and China.
  • Issues: economic growth, population, sectoral development, and other Human Development Indicators.

In this article, till now we have discussed the brief CUET economics syllabus. Now, what we are going to discuss next is very crucial. Since the CUET is going to be a centralized exam, the competition is expected to be very tough. Therefore, the students need to take good care of their CUET economics preparation to ensure that they are fully prepared when the exam comes. But how to prepare economics for CUET effectively? The article would like to address the aforementioned issue in the next section.

CUET complete syllabus - pdf

We have already discussed the economics syllabus for CUET in detail. Before proceeding any further, let's now take a brief look at a few important pieces of information regarding the CUET 2024 and economics question paper in the same:

Important information about economics paper & CUET:

  • There will be three sections, Section I (IA and IB), Section II, and Section III, in the CUET 2024 exam.
  • The economics question paper will have 50 questions out of which 40 need to be attempted.
  • The exam mode will be online (CBT- mode), and the time allotted for the subject will be 60 mins.
  • CUET 2024 will be a gateway to 250+ Universities (45+ central), for UG admissions.
  • In CUET, the medium of instruction will be available in multiple (13 different) languages.
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How to Prepare Economics for CUET?

The most essential aspect while planning and strategizing on how to prepare computer science for CUET 2024 is awareness of self-ability and the time available. Once students go through the CUET computer science syllabus and recognize these two and acknowledge them, then they are ready to adopt any CUET computer science preparation plan. There might be numerous ways to prepare computer science for CUET, but adopting a strategy that suits best is very crucial.

Here, we are going to discuss a few important steps for the CUET computer science preparation that might be effective in enabling students to maximize their scores in CUET 2024.

  • A proper grasp of the CUET economics syllabus
    When we say a proper grasp of the syllabus, it means a solid knowledge and grip over all the chapters, topics, and other components of the syllabus. Just knowing the Economics syllabus for CUET 2024 is not enough. Students should also be able to identify the important chapters and topics. Chapter with more weightage (in terms of marks), also the chapters a student is weak in. Having this clarity will help them formulate a timetable and strategize their CUET economics preparation better.
  • A thorough timetable followed with discipline
    A disciplined approach is crucial for any kind of preparation. Time table is very important, but following it in a disciplined manner with dedication is even more important. This will make your approach routined and help you to concentrate on the CUET economics syllabus and understand it better. Through discipline, great things can be achieved. Students must not deviate and stick to the path while keeping their focus intact.
  • Proper planning for time management
    Decoding how to prepare economics for CUET is going to be a pleasant journey if students master the art of managing their time well. Knowing the time available and the remaining economics syllabus for CUET 2024 should always decide the timetable and help students manage their time. An honest and judicious approach to time management is always appreciated. This helps to maintain focus (goal-oriented) and increases the chances of success.
  • Comprehensive revision and practice
    This is irreplaceable and if any student misses this part then they ought to find themselves coming short at the final hurdle. We have all heard that practice makes one perfect. But how to prepare economics for CUET in an effective manner? How to revise and what to practice? Students should revise the sections in which they consider themselves weaker. This will help them to improve and also boost confidence. As for practice, go through the sample questions as well as last year's question paper. Though the best way to practice is to give mock tests and one should never miss that. Mock tests fine-tune exam-taking skills and make exam preparation wholesome.

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It is always easier to say, but hard to follow. In this article, we discussed the CUET economics syllabus, and how to prepare economics for CUET in detail. Now, it’s the responsibility of the students to keep important things in mind and devote themselves to the goal. In this CUET economics preparation journey, strict adherence to the routine and strong effort ethics will take one closer to their goal. As we all know, CUET is a centralized exam. Therefore, the competition is going to be very tough. Students must give themselves the best chance by starting their preparation at the earliest following the steps and methods described above. They can also enroll in any comprehensive preparation program to cover the entire economics syllabus for CUET 2024 and maximize their CUET economics preparation effort.

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