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UPSC Civil Services Main Exam 2014 Syllabus: Paper VI: Economics-I

1. Advanced Micro Economics:
(a) Marshallian and Walrasiam Approaches to Price determination.
(b) Alternative Distribution Theories: Ricardo, Kaldor, Kaleeki
(c) Markets Structure: Monopolistic Competition, Duopoly, Oligopoly.
(d) Modern Welfare Criteria: Pareto Hicks & Scitovsky, Arrow’s Impossibility Theorem, A.K. Sen’s
Social Welfare Function.
2. Advanced Macro Economics:
Approaches to Employment Income and Interest Rate determination: Classical, Keynes (IS-LM) curve, Neo classical synthesis and New classical, Theories of Interest Rate determination and Interest Rate Structure.

3. Money - Banking and Finance:
(a) Demand for and Supply of Money: Money Multiplier Quantity Theory of Money (Fisher, Pique and
Friedman) and Keyne’s Theory on Demand for Money, Goals and Instruments of Monetary Management in Closed and Open Economies. Relation between the Central Bank and the Treasury. Proposal for ceiling on growth rate of money.
(b) Public Finance and its Role in Market Economy: In stabilization of supply, allocation of resources and
in distribution and development. Sources of Govt. revenue, forms of Taxes and Subsidies, their incidence
and effects. Limits to taxation, loans, crowding-out effects and limits to borrowings. Public Expenditure and its effects.
4. International Economics: 
(a) Old and New Theories of International Trade
(i) Comparative Advantage
(ii) Terms of Trade and Offer Curve.
(iii) Product Cycle and Strategic Trade Theories.
(iv)Trade as an engine of growth and theories of under development in an open economy.
(b) Forms of Protection: Tariff and quota.
(c) Balance of Payments Adjustments: Alternative Approaches.
(i) Price versus income, income adjustments under fixed exchange rates,
(ii) Theories of Policy Mix
(iii) Exchange rate adjustments under capital mobility
(iv) Floating Rates and their Implications for Developing Countries: Currency Boards.
(v) Trade Policy and Developing Countries.
(vi) BOP, adjustments and Policy Coordination in open economy macro-model.
(vii) Speculative attacks
(viii) Trade Blocks and Monetary Unions.
(ix) WTO: TRIMS, TRIPS, Domestic Measures, Different Rounds of WTO talks.
5. Growth and Development: (a) (i) Theories of growth: Harrod’s model, (ii) Lewis model of development
with surplus labour (iii) Balanced and Unbalanced growth, (iv) Human Capital and Economic Growth.
(v) Research and Development and Economic Growth (b) Process of Economic Development
of Less developed countries:
Myrdal and Kuzments on economic development and structural change: Role of Agriculture in Economic Development of less developed countries.
(c) Economic development and International Trade and Investment, Role of Multinationals.
(d) Planning and Economic Development: changing role of Markets and Planning, Private- Public Partnership
(e) Welfare indicators and measures of growth – Human Development Indices. The basic needs approach.
(f) Development and Environmental Sustainability – Renewable and Non Renewable Resources,
Environmental Degradation, Intergenerational equity development.

UPSC Civil Services Main Examination 2014 Syllabus of more subjects browse from the links below:

UPSC Civil Services Main Examination 2014 Syllabus: Zoology Paper-II
UPSC Civil Services Examination 2014 Syllabus: Zoology Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Statistics Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Statistics Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Sociology-II
UPSC Civil Services Main Examination 2014 Syllabus: Sociology Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Public Administration Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Public Administration Paper-I
UPSC Civil Services Main Examination 2014 Syllabus Psychology-II
UPSC Civil Services Main Examination 2014 Syllabus: Psychology Paper-I
UPSC Civil Services Main Examination 2014 Syllabus Political Science and International Relations Paper-I
UPSC Civil Services Examination 2014 Syllabus: Political Science and International Relations (PS&IR) Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Physics Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Physics Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Philosophy Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Philosophy Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Medical Science-II
UPSC Civil Services Main Examination 2014 Syllabus: Medical Science Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Mechanical Engineering Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Mechanical Engineering Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Mathematics Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Mathematics Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Management Paper-II
UPSC Civil Services Examination 2014 Syllabus: Management Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Urdu Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Urdu Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Telugu Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Telugu Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Tamil Paper-II
UPSC Civil Services Examination 2014 Syllabus: Tamil Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Sindhi Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Sindhi Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Sindhi Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Santhali Paper-II
UPSC Civil Services Examination 2014 Syllabus: Santhali Paper-I
UPSC Civil Services Examination 2014 Syllabus: Sanskrit Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Sanskrit Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Punjabi Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Punjabi Paper-I
UPSC Civil Services Main Examination Syllabus: Oriya Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Oriya Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Nepali Paper-II
UPSC Civil Services Main Examination 2014: Nepali Paper-I
UPSC Civil Services Main Examination 2014 Syllabus Marathi Paper-II
UPSC Civil Services Main Examination 2014 Syllabus Marathi Paper-I
UPSC Civil Services Main Examination 2014 Syllabus Manipuri Paper-II
UPSC Civil Services Examination 2014 Syllabus Manipuri Paper-I
UPSC Civil Services Examination 2014 Syllabus: Malyalam Paper-II
UPSC Civil Services Main Examination 2014 Syllabus Malayalam Paper-I
UPSC Civil Services Main Examination 2014 Syllabus Maithili-II
UPSC Civil Services Main Examination 2014 Syllabus Maithili-I
UPSC Civil Services Main Examination 2014 Syllabus Konkani-II
UPSC Civil Services Main Examination 2014 Syllabus Konkani-I
UPSC Civil Services Main Examination 2014 Syllabus Kashmiri-II
UPSC Civil Service Main Examination 2014 Syllabus Kashmiri-I
UPSC Civil Services Main Examination 2014 Syllabus Kannada-II
UPSC Civil Services Main Examination 2014 Syllabus Kannada-I
UPSC Civil Services Main Examination 2014 Syllabus Hindi-II
UPSC Civil Services Main Examination 2014 Syllabus Hindi-I
UPSC Civil Services Main Examination 2014 Syllabus Gugarati-II
UPSC Civil Services Main Examination 2014 Syllabus Gujarati Paper I
UPSC Civil Services Main Examination 2014 Syllabus English-II
UPSC Civil Services Examination 2014 Syllabus English - I
UPSC Civil Services Main Examination 2014 Syllabus: Dogri-II
UPSC Civil Services Main Examination 2014 Syllabus Dogri Paper-I
UPSC Civil Services Main Examination 2014 Syllabus: Bodo-II
UPSC Civil Services Main Examination 2014 Syllabus: Bodo-I
UPSC Civil Services Main Examination 2014 Syllabus: Bengali Paper-II
UPSC Civil Services Main Examination 2014 Syllabus: Bengali Paper I
UPSC Civil Services Main Exam 2014 Syllabus: Assamese-II
UPSC Civil Services Main Exam 2014 Syllabus: Assamese-I
UPSC Civil Services Main Examination 2014 Syllabus: Law-II
UPSC Civil Services Main Examination 2014 Syllabus: Law-I
UPSC Civil Services Main Examination 2014 Syllabus: History-II
UPSC Civil Services Main Examination 2014 Syllabus: History-I
UPSC Civil Services Main Examination 2014 Syllabus: Geology-II
UPSC Civil Services Main Examination 2014 Syllabus: Geology-I
UPSC Civil Services Main Examination 2014 Syllabus: Geography-II
UPSC Civil Service Main Exam Syllabus 2014: Geography-I
UPSC Civil Services Main Examination 2014 Syllabus Electrical Engineering-II
UPSC Civil Services Main Examination 2014 Syllabus Electrical Engineering-I
UPSC Civil Services Main Exam 2014 Syllabus Paper VII: Economics-II
UPSC Civil Services Main Exam 2014 Syllabus: Paper VI: Economics-I
UPSC Civil Services Main Examination 2014 Syllabus Paper VII: Commerce and Accountancy-II
UPSC Civil Services Main Examination 2014 Syllabus Paper VI: Commerce and Accountancy-I
UPSC Civil Services Main Examination 2014 Syllabus Paper VII: Civil Engineering-II
UPSC Civil Services Main Examination 2014 Syllabus Paper VI: Civil Engineering-I
UPSC Civil Services Main Examination 2014 Syllabus Paper VII: Chemistry-II
UPSC Civil Services Main Examination Syllabus Paper VI: Chemistry-I
UPSC Civil Services Main Examination 2014 Syllabus Paper VII: Botany-II
UPSC Civil Services Main Examination 2014 Syllabus Paper VI: Botany-I
UPSC Civil Services Main Examination 2014 Syllabus Paper VII: Anthropology-II
UPSC Civil Services Main Examination 2014: Syllabus Paper VI: Anthropology-I
UPSC Civil Services Main Examination 2014 Syllabus Paper VII
UPSC Civil Services Main Examination 2014: Syllabus Paper VI
UPSC Civil Services Main Examination 2014: Syllabus Paper VII: Agriculture-II
UPSC Civil Services Main Examination 2014: Syllabus Paper VI: Agriculture-I
UPSC Civil Services Main Examination 2014 Syllabus: Paper-V: General Studies-IV
UPSC Civil Services Main Examination 2014 Syllabus: Paper-IV: General Studies-III
UPSC Civil Services Main Examination 2014 Syllabus: Paper-III: General Studies-II
UPSC Civil Services Main Examination 2014 Syllabus: Paper-II: General Studies-I
UPSC Civil Services Main Examination 2014 Syllabus: Paper-I: Essay
UPSC Civil Services Main Examination 2014 Syllabus: Indian Language and English

More Useful Articles about UPSC Civil Services Examination 2014

UPSC Civil Services Examination 2014
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Bird's Eye View: UPSC Civil Services Main Examination 2014 Subjects and Question Paper
Level of Question Papers in Civil Service Main Examination 2014
Criteria of Negative Marking in UPSC Civil Services Examination 2014
UPSC Civil Services Preliminary Exam Syllabus 2014
Download E-Admit Card: UPSC Civil Services Preliminary Examination 2014

UPSC Civil Services Prelims Exam Previous Years Question Papers and Answers

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