Ashish Malik

Course available for 1 year after purchase

COURSE VALIDITY 1 YEAR

SYLLABUS TO BE COVERED-
1. Introduction to Economics - 
Definition and scope of economics, Basic concepts, Role of State in an Economy
Sectors of an Economy, Types of Economies, Idea of National Income- GDP, NDP, GNP, NNP, Cost and Price of National Income, Comparing GVA & GDP, Characteristics of the Indian Economy

2. Macroeconomics -
Gross Domestic Product (GDP), Unemployment, Inflation, Fiscal Policy, Monetary Policy, Economic Growth, Exchange Rates

3. Microeconomics - 
Supply and Demand, Market Structures (Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition), Elasticity, Consumer Behaviour, Producer Behavior, Market Failures

4. Growth, Development and Happiness - 
Economic growth vs. development, Measurement of development, Insights into Human Behaviour Social Norms, Culture and Development Values and Economics

5. Evolution of the Indian Economy- 
Pre-independence economy, Post-independence economy, Prime Moving Force: Agriculture vs. Industry Planned and 
Mixed Economy, Economic reforms since independence

6. Economic Planning - 
Concept of economic planning, Different Types of Economic Planning, Objectives and Strategies
Five-Year Plans, Twenty-Point Programme, MPLADS

7.  Planning in India - Pioneer Plans: 
The Visvesvaraya Plan, The Congress Plan, The Bombay Plan, The Gandhian Plan, The People’s Plan, The Sarvodaya Plan, Planning Commission and Its Functions
NDC, Grassroot Planning, NITI Aayog and Its Functions
Inclusive Growth, Resource Mobilisation, Investment Models

8. Economic Reforms-
The LPG-Liberalisation Privatisation Globalisation Reforms in India, Generations of Economic Reforms 
Disinvestment, New economic policies

9. Inflation and Business cycle - 
Causes and types of inflation, Measurement
Effects, Business cycle theory, Inflationary Gap, Deflationary Gap, Inflation Tax, Inflation Spira,l Inflation Accounting, Inflation Premium, Phillips Curve, Reflation, Stagflation. Skewflation, GDP Deflator, Base Effect, Effects of Inflation. WPI and CPI, Producer Price Index, Housing Price Index, and Service Price Index

10. Agriculture and Food Management

11. Industry and Infrastructure

12. Services Sector

13.  Indian Financial Market

14. Banking in India

15.  Insurance in India

16. Security Market in India

17. External Sector in India - 
Foreign trade policy
Definitions of Forex Reserves, External Debt, Fixed Currency Regime, Floating Currency Regime, Managed Exchange Rates, Foreign Exchange Market, Exchange Rate in India, Trade Balance, Trade Policy, Depreciation, Devaluation, Revaluation, Appreciation, Current Account, Capital Account, Balance of Payment (BoP)
Convertibility in India
LERMS, NEER, REER
Hard Currency, Soft Currency, Hot Currency, Heated Currency
Cheap currency, Dear Currency
Special Economic Zone
ECB Liberalised
New Foreign Trade Policy,

18. International Economic Organisations & India - 
IMF, World Bank, WTO, BRICS
India’s role and memberships, Asian Development Bank etc. 

19.  Tax structure in India

20.  Public Finance in India

21. Sustainability and Climate Change: India and the World

22. Human Development in India

23. Economic Surveys & Union Budgets

INDIAN ECONOMY (GS-3) (UPSC PRE & MAINS 2026/27)

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INDIAN ECONOMY CLASS -1

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INDIAN ECONOMY CLASS -2

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INDIAN ECONOMY CLASS -3

Ashish Malik Civil Services

Maharashtra

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Hey! I’m learning with Ashish Malik Civil Services and you can too. Here’s a course you might like: INDIAN ECONOMY (GS-3) (UPSC PRE & MAINS 2026/27) by Ashish Malik
    https://yvzqvv.courses.store/591758?utm_source=copy-link&utm_medium=social&utm_campaign=web-course-share

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