How to Prepare for UGC NET Economics 2018? Top Notch Tips by Experts

UGC-NET-Economics-2018-Exam

 

Download UGC NET July 2018 Answer Keys for FREE - Click Here!

 

 

Welcome Aspirants!

 

If Economics is the subject you want to proceed your career with, if teaching or research jobs fascinate you, then you are at the right place to get complete guidance for your career.

Doing master’s in economics needs a lot of efforts and devotion and if you already hold the post-graduation degree in economics, then it’d be easier for you to put little more efforts and crack the UGC NET Exam.

 

 

While the career in MBA, Chartered Accountant, and Finance are popular among youngsters, lectureship also holds a prestigious position in the society. Research & Teaching jobs are considered as one of the finest yet most rewarding career options in Economics.

 

To guide you well about how you can design a worthwhile career in Economics field, we have here presented the complete details about UGC NET Economics Exam.

 

Here’s what you’ll read in the blog!

 

 

List of Top Career Scopes after UGC NET Economics

 

UGC NET Economics Eligibility for July 2018 Exam

 

UGC NET Economics Exam Pattern & Marking Scheme

 

UGC NET Syllabus for Economics and Important Topics

 

UGC NET Economics Study Material and Preparation Books PDFs

 

Tips to Crack UGC NET Economics 2018 Exam

 

Solve UGC NET Sample Questions for Economics

 

 

 

 

 

 

List of Top Career Scopes after UGC NET Economics

 

 

If you qualify the UGC NET Economics Exam, you’ll have one of these career opportunities in the concerned field.

 

Govt and Private Institution Lecturer

 Doctor of Philosophy in Economics

 An Economist or Finance Employee in PSUs

 Become a Trainer to Economics Students

 Economics Books Author and Editor

 Work as a Career Consultancy

 Statistician in Prestigious Private & Government Organizations

 Project Associate, Project Fellow, Research Fellow, Project Assistant in Economics

 Economist in Agriculture, Finance, Labor, Business, Research and International Fields

 

 

For more details, please click here – UGC NET Career Scope.

 

 

 

Crack UGC NET Economics with Expert Assistance! Grab UGC NET Economics Free Study Material Boost up your learning.

 

 

 

 

Pre-requisites for UGC NET Economics | Check them Before You Start Preparation

 

 

In the below section, we have provided three essentials for a smooth start to your preparation journey. Please have a look!

 

 

UGC NET Economics Eligibility for July 2018 Exam

 

It’s essential to check out whether you are eligible for the exam or not. The UGC NET 2018 Eligibility Procedure is given in the table below, check out!

 

 

 Age Qualification

 

Categories Age Limit Criteria
General (UR) Aspirants Not more than 30 years (for JRF)
OBC/ST/SC/PWD Aspirants 30 years + 5 years relaxation will be provided (35 years for JRF)
L.L.M. degree holder Aspirants 30 years + 3 years relaxation will be provided (33 years for JRF)

 

There would be no upper age limit for the Assistant Professors.

 

 

 

Education Qualification

 

Categories Education Qualification
General 55% in Post-graduation or Equivalent Degree
OBC/SC/ST Candidates 50% in Post-graduation or Equivalent Degree
Ph.D. Degree (Completed Degree before 19th Sep 1993) 5% Relaxation in Percentage

 

The candidates those are in the Final Year of Post-Graduation and waiting for the results are also eligible for the lectureship Exam.

 

 

UGC NET Economics Exam Pattern & Marking Scheme

 

The UGC NET Exam Pattern 2018 is changed and there will be only two papers instead of three papers from 2018.

 

The given table has the marking scheme in accordance with the new paper pattern by UGC Norms, please check out.

 

Paper No of Questions Marks Time Duration
1 50 Questions 100 1 Hour
2 100 Questions 200 2 Hours

 

 

 

Stay Updated with every single information about UGC NET July 2018. Subscribe Here for FREE!

 

 

 

UGC NET Syllabus for Economics and Important Topics.

 

While preparing for Economics, you will find each topic to be important as per the exam point of view. The NET Syllabus for Economics is vast and it’s not an easy task to cover the whole syllabus. So, you will get puzzled about what to study and what not.

 

But from the given list of Important Topics in Economics, it’s not going to be a big deal for you to do preparations.

 

 

 Micro Economic Analysis

 

 Demand Analysis

 

 Theory of Demand

 

 Theory of Productions

 

 Neumann Morgenstern Statistical Utility Theory

 

 Macro Economics Analysis

 

 Development and Planning

 

 Public Finance

 

 International Economics

 

 Indian Economics

 

 Indian Economy

 

 Statistical Method

 

 International Trade & Economics

 

 Trade Policy

 

 Basic Economic Indicators

 

 Agriculture

 

 Money & Banking

 

 Public Finance

 

 Foreign Trade

 

 Sampling

 

 Theory of Probability

 

 Correlation and Regression

 

 

 

  FREE Download UGC NET Economics Syllabus PDF

  

 

 

 

UGC NET Economics Study Material and Preparation Books

 

 

Make sure you have right source of Study material and UGC NET Economics Books while doing preparations. Because it’s not possible to get success in the exam without having a proper guidance.

 

A strong knowledge base of major concepts & fundamentals associated with the subject of study can make it easier for you to prepare well.

 

There are many sources of Books and Study stuff in the market that claims to be the superior, but Eduncle’s Study Material is incomparable that provides a quality Education.

 

As per the UGC NET Exam Dates, the exam has been conducted on 8th July and now its time to prepare for the next exam going to conduct in December 2018. You have enough time to study well & make the appropriate efforts to crack the exam.

 

In such situation, Eduncle is always there to help you with the right guidance. Here, at Eduncle, you can get every possible help from highly skilled & NET Economics qualified experts as well as the study material & notes designed by them.

 

You can avail the UGC NET Economics Study Material, Books, Notes & Question Papers in free or paid both modes.

 

 

To download the UGC NET Economics Notes, Question Papers, Syllabus, Sample Papers & Theory for Free, please click the button below –

 

 

 

  Download UGC NET Economics Study Material

 

 

 

Grab the complete learning course of NET Economics so that you can stand a chance to win the exam. Explore the below table for more details –

 

 

Study Material Features Links to Buy
NET Ranker – 1(Sets of Question Papers) 2925+ Practice Questions with complete Solutions Download
15 Unit UGC NET Economics Solved Question Papers (Topic Wise)
7 Model Solved Papers
5 Previous Year UGC NET Economics Question Paper with Answer Key
2 Practice Tests
14 Mock Tests
NET Ranker – 2(Set of Question Papers) 2350 + Practice Questions with complete Solutions Download
5 Volume Solved Papers
7 Model Solved Papers
5 Previous Year Solved Papers
2 Practice Tests
14 Mock Tests
NET Cracker – 1(Set of Question Papers) 3350 + NET Economics Question Papers with Solutions Download
25 Topic Wise Solved Papers
10 Volume Solved Papers
7 Model Solved Papers
5 Previous Year Solved Papers
3 Practice Sets
14 Mock Tests
NET Cracker – 2(Set of Question Papers) 2850 + NET Economics Question Papers with Solutions Download
15 Topic Wise Solved Papers
5 Volume Solved Papers
7 Model Solved Papers
5 Previous Year Solved Papers
3 Practice Sets
14 Mock Tests
NET Booster – 1(Detailed Theory of Full Syllabus) Detailed Theory of Paper – 1 (10 Units) Download
Detailed Theory of Paper – 2 (15 Units)
NET Booster – 2(Detailed Theory of Full Syllabus) Detailed Theory of Paper – 2 (15 Units) Download
NET Leader(Full Course for Paper 2) 2850 + Question Papers Download
Detailed Theory of Papers 15 Units
15 Topic Wise Unit Solved Papers
5 Volume Solved Papers
7 Model Solved Papers
5 Previous Year Solved Papers
3 Practice Tests
14 Mock Tests
NET Achiever(Detailed Theory of Full Syllabus) 3350 + Practices Questions Download
Detailed Theory of Paper 1 & 2
10 Volume Solved Papers
7 Model Solved Papers
5 Previous Year Solved Papers


 

 

Click here to get the UGC NET Economics Study Material for FREE. 

  

 

 

How to Prepare for UGC NET Economics Exam?  Grab the Best of Experts’ Tips

 

 

What does it need to crack any exam? The right blend of study plan as well as preparation tips, Right? Not only Guidance but the efforts made in the right direction also ensures the success in the exam.

Read and follow the UGC NET Economics Preparation Tips given below and you can easily score well in the exam.

 

 

The Syllabus of Economics is lengthy so it’s very essential to Analyze the complete syllabus of Economics before starting the preparations.

 

 

 As the NET syllabus is huge and it’s not easy to the cover whole syllabus of Economics for NET. The UGC NET Question Papers would help you to prepare easily and will lead you in exam preparation.

 

 

UGC NET Paper 1 is the first phase of exam. For this, you can divide the whole syllabus into topics and sub topics according to the priority and complete them one by one.

 

 

 Working on the Diagrams and flowcharts is the best method for preparation. You will easily understand the monetary policies, income flow, and other topics of Macro and Micro Economics.

 

 

As the Economics is not a subject to just mug up, it’s very essential to get through the basic concepts to make complete grasp on the subject.

 

You can download UGC NET Economics Sample Theory to polish up your basic concepts.

 

 

 The best way to prepare for NET Exam is doing a complete revision of topics you have prepared.

 

Doing revision is considered as the best technique to remember the topics for a long time. Mostly aspirants run after the whole syllabus, but the best way is giving 100% to the selected topics that would take you to the success.

 

 

Get UGC NET Study Material, Sample Papers, Theory & Notes, All for FREE. Click Here to Download NOW!

 

 

 

 

 

UGC NET Sample Questions for Economics | Test your Knowledge

 

Solving Sample Papers’ Questions would not only help you in preparation but also enhance your confidence towards the subject. Take an appreciable challenge and prove your skills by solving the Sample Questions given below.

 

 

 

Ques.1. The Firms in Perfect competition get normal profits overall because of? (A) Homogeneous Products(B) Free entry and exit(C) Large number of buyers and sellers(D) Perfect knowledge of marketsQues.2. Which of the followings is the correct to way for sustainable development to implement?

 

(A) Rich Nations would have to consume fewer resources

(B) Birth Rates in developed countries would need to increase dramatically

(C) Rich Nations would have to export environmental stresses to the other countries

(D) None of the above

 

 

Ques.3. Under Cournot’s model, the intersection reaction curves show the?

 

(A) Price charged by each seller

(B) Output of each seller

(C) Both price and output of each seller

(D) None of the Above

 

 

Ques.4.  Census of India is being held regularly after every?

 

(A) 10 years

(B) 8 years

(C) 6 years

(D) 12 years

 

 

Ques.5. Who is the father of White Revolution?

 

(A) V Kurien

(B) MS Swaminathan

(C) JP Narayan

(D) Baba Amte

 

 

Ques.6. Which of the followings the basic characteristics of Oligopoly?

 

(A) A few sellers, one buyer

(B) A few sellers, many buyers

(C) A few sellers, a few buyers

(D) Many sellers, few buyers

 

 

Ques.7. In India, Inflation is measured by which if the following methods?

 

(A) Whole sale price index number

(B) Consumer Price Index for Urban Non-Manual Workers

(C) Consumer Price Index for Agricultural Workers

(D) National income deflation

 

 

Ques.8. What is the National Income?

 

(A) Net National Product at Market Price

(B) Net Domestic Product at Market Price

(C) Net Domestic Product at Factor Cost

(D) Net National Product at Factor Cost

 

 

Ques.9.What does the term “Sabbatical” relates to?

 

(A) Paid leave for study

(B) Paternity leave

(C) Maternity leave

(D) Quarantine leave

 

 

Ques.10. Which of the given owns the Land Development banks in India?

 

(A) RBI

(B) State Governments

(C) Commercial Banks

(D) Cooperative Societies

 

 

Ques.11. Which of these is not a factor of Production?

 

(A) Human Capital

(B) Land

(C) Labor

(D) Money

 

 

Ques.12. Coefficient of correlation is independent by which of the following?

 

(A) Change of Origin only

(B) Change of scale only

(C) Change of origin and scale

(D) None of the above

 

 

Ques.13. Which of the given are likely to limit the effectiveness of fiscal policy in the real world?

 

(A) Time lags between the recognition of a macro problem and the implementation of corrective measures

(B) The Crowding out effect

(C) Political consideration which alter the content and timing of fiscal policy

(D) All the above

 

 

Ques.14. The movement along the Philips curve shows the unemployment rate and inflation rate are?

 

(A) Inversely proportional to each other

(B) Directly proportional to each other

(C) Changing in response to the shifts in aggregate supply

(D) Changing in response to supply side policy

 

 

Ques.15. Fei-Ranis’s theory of Economic Development is based on?

 

(A) Balanced growth during the take of production

(B) Importance of the agricultural production in capital accumulation in under developed countries

(C) Dualistic approach to the development

(D) All the above

 

 

 

 

Want more sample questions for UGC NET Economics? Register here to get sample model for Free

 

 

In this article, we tried to put our best efforts for providing essential information related to the UGC NET Economics.

 

If you face any difficulty in understanding any of the suggestions mentioned above, you can ask your queries in the comments’ box below.

 

You can also register here for free to get a call from our experts and get their right advice & valuable suggestions to improve your learning.

 

Happy learning with us!

 

 

 

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