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GATE Economics Syllabus 2025 - IIT Roorkee has published the GATE 2025 economics syllabus at gate2025.iitr.ac.in. Candidates can check the topics-wise GATE economics syllabus on this page. The GATE 2025 syllabus comprises the topics that will be tested in the exam. Candidates appearing in the GATE exam for Economics can download the GATE Economics syllabus 2025 pdf from below. Candidates must prepare all the topics mentioned in the GATE Economics syllabus 2025. The authority will prepare the GATE question paper as per the GATE 2025 economics syllabus.
New: GATE 2025 Application Form Out; Apply Now
GATE 2025: Sample Papers | Syllabus
Along with the syllabus, candidates must check the GATE 2025 exam pattern. The GATE Economics exam pattern is updated on this page. Knowledge of the GATE Economics syllabus will help in planning for the exam effectively. The authority is conducting the GATE 2025 exam for admission to ME/MTech programmes in prestigious IITs, IISc, NITs and many other universities.
Indian Institute of Technology, Roorkee has published the GATE Economics syllabus 2025 PDF on the official website gate2025.iitr.ac.in. The GATE Economics syllabus 2025 PDF download has 7 chapters. The economics paper (XH-C1) will have two compulsory sections- General Aptitude and the Reasoning and Comprehension section. Candidates can check the topic-wise GATE 2025 economics syllabus below.
Chapters | Topics |
GATE Economics Syllabus for Microeconomics | Theory of Consumer Behaviour: Cardinal Approach and Ordinal Approach; Consumer Preferences; Nature of the utility function; Marshallian and Hicksian demand functions; Duality Theorem. Slutsky equation and Comparative Statics. Homogeneous and Homothetic Utility Functions; Euler’s Theorem. The Theory of Revealed Preference: Weak Axiom of Revealed Preference and Strong Axiom of Revealed Preference, Theory of Production and Costs: Short-run and Long-run Analysis, Existence, Uniqueness and Stability of Market Equilibrium: Walrasian and Marshallian Stability Analysis. The Cobweb Model, Decision making under uncertainty and risk. Asymmetric Information: Adverse Selection and Moral Hazard. Theory of Agency costs. The Theory of Search, NonCooperative games: Constant sum game, Mixed Strategy & Pure Strategy, Bayesian Nash Equilibrium, SPNE, Perfect Bayesian Equilibria., Theory of Firm: Market Structures — Competitive and Non-competitive equilibria and their efficiency properties. Structure-Conduct-Performance Paradigm, Factor Pricing: Marginal productivity Theory of Distribution in Perfectly Competitive markets; Theory of Employment in Imperfectly Competitive Markets — Monopolistic Exploitation, General Equilibrium Analysis. Welfare Economics: Fundamental Theorems, Social Welfare Function. Efficiency Criteria: Pareto-Optimality. |
GATE Economics Syllabus for Macroeconomics | National Income Accounting: Closed Economy Concepts and Measurement and Open Economy Issues, Determination of output and employment: Classical & Keynesian Framework, Theories of Consumption: Absolute Income Hypothesis, Relative Income Hypothesis, Life Cycle Hypothesis, Permanent Income Hypothesis and Robert Hall’s Random Walk Model; Investment Function Specifications - Dale Jorgenson’s Neoclassical Theory of Capital Accumulation and Tobin’s, Keynesian Stabilization Policies, (Autonomous) Multipliers and Investment Accelerator, Demand and Supply of Money, Components of Money Supply, Liquidity Preference and Liquidity Trap, Money Multiplier, Interest Rate determination, Central Banking, Objectives, Instruments (Direct and Indirect) of Monetary Policy, Prudential Regulation, Quantitative Easing (Unconventional Monetary Policy), Commercial Banking, Non-Banking Financial Institutions, Capital Market and its Regulation, Theories of Inflation and Expectations Augmented Phillips Curve, Real Business Cycles, Adaptive Expectations Hypothesis, Rational Expectation Hypothesis and its critique. Closed Economy IS – LM Model and Mundell Fleming Model: Monetary and Fiscal Policy Efficacy. The Impossible Trinity. |
GATE Economics Syllabus for Statistics, Econometrics and Mathematical Economics | Probability Theory: Concepts of probability, Probability Distributions [Discrete and Continuous], Central Limit Theorem, Index Numbers and Construction of Price Indices, Sampling Methods & Sampling Distribution, Statistical Inferences, Hypothesis Testing, Linear Regression Models and the Gauss Markov Theorem, Heteroscedasticity, Multicollinearity and Autocorrelation, Spurious regressions and Unit roots, Simultaneous Equation Models – recursive and non-recursive. Identification Problem, Differential Calculus and its Applications, Linear Algebra – Matrices, Applications of Cramer’s Rule, Static Optimization Problems and Applications, Input-Output Model, Linear Programming, Difference equations and Differential equations with applications. |
GATE Economics syllabus for International Economics | Theories of International Trade, International Trade under Imperfect Competition, Gains from Trade, Terms of Trade, Trade Multiplier, Tariff and Non-Tariff barriers to trade; Dumping and AntiDumping Policies, GATT, WTO and Regional Trade Blocks; Trade Policy Issues, Balance of Payments: Composition, Equilibrium and Disequilibrium and Adjustment Mechanisms, Foreign Exchange Market and Arbitrage, Exchange rate determination, IMF & World Bank. |
GATE Economics syllabus for Public Economics | Market Failure and Remedial Measures: Asymmetric Information, Public Goods, Externality, Regulation of Market – Collusion and Consumers’ Welfare, Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and non-Progressive Taxation, Incidence and Effects of Taxation, Public expenditure, Public Debt and its management, Public Budget and Budget Multiplier, Tax Incidence, Fiscal Policy and its implications, Environment as a Public Good, Market Failure and Coase Theorem, Cost-Benefit Analysis. |
GATE Economics syllabus for Development Economics | Theories of Economic Development: Adam Smith, David Ricardo, Karl Marx, J. Schumpeter, W. Rostow, Balanced & Unbalanced Growth, Big Push Approach, Indicators of Economic Development: HDI, SDGs, MDGs, Poverty and Inequalities – Concepts and Measurement Issues, Social Sector Development: Health, Education, Gender, Fertility, Morbidity, Mortality, Migration, Child Labor, Age Structure, Demographic Dividend, Models of Economic Growth: Harrod-Domar, Solow, Ramsey, Technical progress – Disembodied & Embodied, Endogenous Growth Models. |
GATE Economics syllabus for Indian Economy | Economic Growth in India: Pattern and Structure, Agriculture, Industry & Services Sector: Pattern & Structure of Growth, Major Challenges, Policy Responses, Rural & Urban Development – Issues, Challenges & Policy Responses, Flow of Foreign Capital, Trade Policies, Infrastructure Development: Physical and Social; Public-Private Partnerships, Reforms in Land, Labour and Capital Markets, Poverty, Inequality & Unemployment, Functioning of Monetary Policy in India, Fiscal Policy in the Indian context: Structure of Receipts and Expenditure, Tax reforms-Goods and Services Tax, Issues of Growth and Equity, Fiscal Federalism, Centre-State Financial Relations and Finance Commissions of India; Sustainability of Deficits and Debt, The Fiscal Responsibility and Budget Management Act 2003, Demonetization and aftermath. India’s balance of payments, Composition of India’s Trade, Competitiveness of India’s exports, India’s exchange rate policy. |
Also check:
The authority has released the GATE Economics exam pattern on the official website. Candidates can check the exam pattern of GATE 2025 for Economics below.
Particulars | Details |
Examination Mode | Computer Based Test (Online) |
Duration | 3 Hours |
Section |
|
Type of Questions |
|
Total Marks | 100 Marks |
Marking Scheme | All of the questions will be worth 1 or 2 marks |
GATE Negative Marking |
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Also Read:
Candidates must check the section-wise GATE marking scheme for Economics. The GATE marking scheme will help candidates know the weightage of various sections in the GATE Economics paper. Candidates can check the updated GATE 2025 marking scheme for Economics from the table below.
Subject | Marks Allotted |
General Aptitude (GA) | 15 |
Reasoning and Comprehension (XH-B1) | 25 |
Economics (XH-C1) | 60 |
Total | 100 |
Yes, IIT Roorkee has released the GATE 2025 Economics syllabus on the official website gate2025.iitr.ac.in.
Looking at the wide scope of the GATE syllabus 2025, candidates must begin their GATE preparation as soon as possible.
The authority is conducting the GATE exam for 30 subjects. Candidates can check all the GATE subjects with paper codes online.
IIT Roorkee is conducting the GATE 2025 exam in online mode.
The GATE 2025 exam dates are February 1, 2, 15 and 16, 2025.
Counselling Date:08 October,2024 - 15 October,2024
Counselling Date:14 October,2024 - 15 October,2024
Hello aspirant,
The GATE 2025 application form deadline has been EXTENDED by IIT Roorkee to October 11, 2024 (with late fees). The GATE application form, which required standard costs, was accessible until October 3, 2024. If an individual forgets to register for the GATE 2025 application form, they can do so by October 11, 2024, at 11:59 pm, for a 500 INR late charge. The acceptance of international Master and Visa cards for payment of the GATE application fees was recently announced by IIT Roorkee. November 6, 2024 is the opening date of the GATE 2025 application form modification facility.
To know the form filling information, please visit the following link:
https://engineering.careers360.com/articles/how-fill-gate-application-form
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To get 40 marks in gate you need to refer past exam question papers. Practice and solve questions from past 20 to 25 years question papers. Focus on your strengths try to avoid new topics as they may kill your precious time.take mock test daily especially section like g.a and maths both are scoring subject but it needs practice.
With a disciplined approach and effective use of resources, you can maximize your chances of scoring above 40 marks in the GATE CSE exam. Stay focused, practice consistently, and believe in your preparation! Good luck!
It could be problematic to apply for GATE 2025 with an erroneous email address because the email is necessary for communication, updates, and login information. But you should be able to fix it, as you haven't confirmed it yet.
How to fix this:
Open the GATE 2025 Application Portal and log in. Please try logging in with your enrolment ID and password on the GATE application page.
Look for the Edit Option: You can edit information such as your email address if the application correction window is open, which is usually notified following the registration deadline. Typically, candidates can amend personal information within the rectification window.
Speak with GATE Support:
Please get in touch with the GATE zonal office handling your application right away if you are unable to modify the email during the rectification period.
Hello aspirant,
BCA students are not qualified to apply for GATE.
On the other hand, individuals pursuing an MCA after completing their BCA are deemed qualified to sit for the GATE exams. It is argued that the BCA syllabus does not provide the solid basis in courses like physics and chemistry that M. Tech students need, which is why MCA is necessary. GATE exams are available to MCA students in their second and third year.
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Hope it helps you
Hello aspirant,
Candidates can gain insight into key topics covered in the GATE 2025 syllabus, exam difficulty, chapter, and topic-wise weighting of past exam questions by completing GATE ME previous year problems. Prior to completing the GATE 2025 Application form, candidates must review the GATE ME textbooks, syllabus, and format.
To get the papers, please visit the following link:
https://engineering.careers360.com/articles/gate-question-papers
Thank you
A career in the aviation industry always sounds exciting. But, there is no scope for the slightest error as it may cost the lives of many people. A Flight Engineer role comes with the responsibility of monitoring the aircraft engine and control systems while in flight. Whenever the aircraft is away from the home station, he or she is required to perform pre-flight and post-flight inspections
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You may also read career as Airline Pilot.
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