MA Entrance (Economics) - Course
- Candidates need to appear for CUET-PG to pursue PG programs.
- Other exams are IIT JAM, GATE, etc.
CUET- PG (Economics) exams skillfully clubs the entrance for the most prestigious universities and colleges in India. List includes the Delhi School of Economics (DES), Jawaharlal Nehru University (JNU), Indira Gandhi Institute of Development Research (IGIDR), etc.
Apart from this, the Indian Institute of Technology (IIT), Indian Institute of Science (IIS), and National Institute of Technology (NIT) also launched admission for Economics courses in such institutions. The modes of admission here are IIT JAM (Economics) & GATE (Economics).
Understanding CUET-PG Economics
Eligibility Criteria for CUET-PG Economics
- Although there is no age limit for CUET, candidates will be required to fulfill the age criteria of the university in which they desire to take admission.
- Candidates appearing for the exam must possess a bachelor’s degree or equivalent in the program they are appearing for.
- The candidates are advised to visit the University website to get detailed information about the exam.
- Reservation Quotas for Admission
- Scheduled Caste (SC) – 15% of seats in every course.
- Scheduled Tribe (ST) – 7.5% of seats in every course.
- Other Backward Classes belonging to the Non-Creamy Layer (OBC- NCL) – 27% of seats in every course.
CUET-PG Examination Scheme
- The examination is conducted via Computer Based Test (CBT). Meaning it will be an online examination.
- The paper code for the examination is COQP10 Economics, Financial Economics, Financial Economics, Business Economics, Rural Economics etc.
- The language medium of the examination is both Hindi and English.
CUET-PG Exam Pattern
- There would be no General Test/Part A with each paper, exam pattern be based on only domain knowledge questions.
- The candidate can choose General paper as a Subject.
- There will be only 75 multiple-choice questions (MCQs).
- Duration of Exam would be of 105 Minutes.
- Four marks would be awarded for each correct answer and one mark will be deducted for each wrong answer.
CUET-PG Economics Syllabus
- The question paper covers the domains of microeconomics, macroeconomics, Consumption and Investment Function, Money and Inflation, Statistical Methods in Economics, Mathematical Methods in Economics, Overview of colonial economy.
How Ecoholics Assists in Clearing CUET-PG (Economics)
Ecoholics understand the zest of students to get admission in top universities across the country. For aspiring candidates it is imperative to have strategic guidance, hence we have prepared a feature rich strategy for best results.
- 25 Tests (Including 2 Full tests)
- Detailed answer keys.
- Unlimited doubt resolution.
- One-to-one call facility with faculties and subject experts.
- Mentorship sessions.
Our experts have crafted this strategy to get success in the CUET-PG Economics entrance exam. The extensive test series covers the overall syllabus and a strategic approach can help a candidate gain admission in the desired PG programme.
Understanding IIT JAM Economics (Joint Admission Test for Master’s)
IIT JAM is the Joint Admission test for Master in Economics, offering a Masters of Science degree in Economics by the Indian Institute of Technology (IITs). After clearing the IIT JAM a candidate will be eligible to get admission for MSc in Economics programmes from any of the following institutions.
- IlTs (Delhi, Roorkee, Kanpur, Bhilai, Bhubaneshwar, Bombay, Delhi, ISM Dhanbad, Gandhinagar, Guwahati, Hyderabad, Indore, Jodhpur, Kanpur, Kharagpur, Madras, Mandi, Palakkad, Patna, Roorkee, Ropar, Tirupati, and BHU Varanasi).
- It offers MSc and E-Master Programmes.
IIT JAM Economics Exam Pattern
- The IIT JAM Economics is a computer-based test (CBT).
- The test covers 60 questions divided in three sections A, B, & C.
- Exam duration is three hours.
- Section A: 30 Multiple choice questions (MCQs)
- 10 questions of one mark each with ⅓ negative marking.
- 20 questions of two marks each with ⅔ negative marking.
- Section B: contains a total of 10 Multiple Select Questions (MSQs) carrying two marks each. Candidate gets full credit only if he/she selects all the correct answer(s) and no wrong answers.
- Section C: 10 questions of one mark each and 10 questions of two marks each.
- There will be a total of 60 questions carrying a total of 100 marks.
- In Section-B (MSQ), there are no negative and no partial marking provisions.
- There is no negative marking in Section-C (NAT) as well.
- There is a provision for using online virtual calculator.
IIT JAM Eligibility Criteria:
The eligibility criteria slightly vary for different IITs, candidates who have successfully completed an undergraduate degree or currently studying in the final year of undergraduate are eligible for admission through JAM.
For further details on eligibility, please visit the official IIT website.
- For IIT Delhi:
- Candidates must have a Bachelor’s degree.
- B.A. / B.Sc. / B.Com / B. Stat / B.Math / B.Tech / B.E. or equivalent.
- The Bachelor’s degree or equivalent qualification must be of a minimum duration of three years of education.
- That comes after the completion of higher secondary schooling (10+2) or equivalent.
- For IIT Roorkee:
- Candidates must have a Bachelor’s degree.
- B.Tech / B.E. / B.Sc (PCM) / B. Stat / B.A. / B.Com.
- For aforementioned degrees Mathematics must be one of the subjects in the whole program.
- For IIT Kanpur.
- IIT Kanpur allows students from both Economics and non-Economics backgrounds.
- The minimum eligibility criteria is first class in the applicant;s undergraduate degree.
IIT JAM Syllabus
The IIT JAM Syllabus is strategically divided into many sub topics as shown below.
- Microeconomics.
- Macroeconomics.
- Statistics.
- Indian Economy.
- Mathematical Economics.
We at Ecoholics provide strategic guidance to the candidates appearing for the examination. Our experts facilitate curated live classes and mock tests or test series for the IIT JAM Economics student.
IIT JAM Previous Year Questions (PYQs)
Understanding GATE Economics
The Graduate Aptitude Test in Engineering (GATE) examination is conducted by the IISc and seven Indian Institutes of Technology (IITs). It is conducted on the behalf of the Ministry of Education, Government of India. Candidates appearing for the GATE Economics have the opportunities to get admission in these prestigious institutions. Paper code for the GATE Economics examination is XH-C1.
GATE Economics Exam Pattern
- The GATE Economics exam is conducted in Computer Based Test (CBT) mode only.
- It is a national level examination conducted to select candidates into Master’s program and recruitment by public sector companies.
- Candidates could secure admission in PG courses offered by IITs, NITs, IISc, etc.
- Consists of 65 questions, having a max of 100 marks. The question paper is divided into three sections. MSQs (Multiple Select Questions) with MCQ(Multiple Choice Questions) and NAT(Numeric Answer Type).
- Exam duration: 3 hours
- General Aptitude: 15 marks
- Reading Comprehension: 25 marks
- Subject: 60 marks
- MSQs (Multiple Select Questions) with MCQ and NAT.
- Questions carry either 1 mark with 1/3rd negative marking or 2 marks with 2/3rd negative marking.
- Multiple Select Question (MSQ) and Numerical Answer Type (NAT) Questions have no negative marking.
GATE Economics Eligibility Criteria.
- Candidate must be an Indian Citizen.
- Candidates must be studying in 3rd years or higher years of any undergraduate or postgraduate degree programme. OR.
- Must have completed any government approved degree programme in Engineering / Technology / Architecture / Science / Commerce / Arts.
- Moreover there is no age bar for candidates appearing for GATE Economics.
GATE Economics Syllabus
The GATE Economics syllabus mainly covers the following areas.
- Microeconomics
- Macroeconomics.
- Statistics.
- Econometrics.
- Mathematical Economics.
- International Economics.
- Public Economics
- Development Economics.
- Indian Economy.
The syllabus also explores the areas of general aptitude questions specifically designed to test verbal ability and numerical ability.
Preparation Strategy for MA Entrance (Economics) Examination & Ecoholics
Experts suggest that a candidate appearing for any MA Entrance examination should be well versed with basic concepts and theories of economics from standard textbooks. Solving previous year’s papers, appearing for mock tests, practising numerical problem solving skills, and staying updated with current affairs and economic issues will be helpful.
Ecoholics provides a comprehensive course for candidates appearing for MA Entrance (Economics). We facilitate candidates with a program specifically designed to help the students willing to pursue post graduate programmes from reputed institutions and universities.
Reference books
1. Microeconomics Theory : Hal Varian or HL Ahuja
2. Macroeconomics: Richard T Froyen or Macroeconomics by HL Ahuja
3. Mathematical Economics: Sydsaetar and Hammond or AC Chiang
4. Statistics : Jay L Devore
5. Econometrics : Damodar N Gujrati
6. International Economics: Dominick Salvatore or HL Ahuja
7. Indian Economy Performance and Policies : Uma Kapila
8. Growth & Development: Macroeconomics by HL Ahuja
GATE Testimonials
