GATE Economics Syllabus 2025: Topics & Weightage Wise Syllabus PDF

GATE Economics Syllabus 2025: Topics & Weightage Wise Syllabus PDF

Edited By Samridhi Mishra | Updated on Dec 17, 2024 05:25 PM IST | #GATE
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GATE Economics Syllabus 2025 - IIT Roorkee has released the GATE 2025 economics syllabus pdf on the website, gate2025.iitr.ac.in. The topics-wise GATE economics syllabus is provided below. The GATE 2025 syllabus comprises the topics that have to be prepared for the exam Candidates appearing in the GATE exam for Economics must check the GATE Economics syllabus 2025 pdf. The GATE 2025 Economics syllabus consists of 7 main topics. 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. The GATE 2025 exam dates are February 1, 2, 15 and 16, 2025.
Direct link to download the GATE 2025 economics syllabus pdf

GATE 2025: Syllabus | Sample Papers

This Story also Contains
  1. GATE 2025 Economics Syllabus
  2. GATE 2025 Economics Exam pattern
  3. GATE Economics 2025 - Marking Scheme
GATE Economics Syllabus 2025: Topics & Weightage Wise Syllabus PDF
GATE Economics Syllabus 2025: Topics & Weightage Wise Syllabus PDF

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.

GATE 2025 Economics Syllabus

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.

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GATE Economics Syllabus 2025

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:

GATE 2025 Economics Exam pattern

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.

GATE Economics Exam Pattern

Particulars

Details

Examination Mode

Computer Based Test (Online)

Duration

3 Hours

Section

  • General Aptitude (GA)

  • Reasoning and Comprehension (XH-B1)

  • Economics (XH-C1)

Type of Questions

  • Multiple Choice Questions (MCQs)

  • Multiple Select Questions (MSQs)

  • Numerical Answer Type (NAT) Questions

Total Marks

100 Marks

Marking Scheme

All of the questions will be worth 1 or 2 marks

GATE Negative Marking

  • MCQs - 1 mark for each correct answer; 1/3 mark will be deducted for every wrong answer.

  • MCQs - 2 marks for each correct answer; 2/3 marks will be deducted for every incorrect response.

  • No negative marking for MSQ & NAT.

  • No partial marking for MSQ type questions.

Also Read:

GATE Economics 2025 - Marking Scheme

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.

GATE 2025 Economics Marking scheme

Subject

Marks Allotted

General Aptitude (GA)

15

Reasoning and Comprehension (XH-B1)

25

Economics (XH-C1)

60

Total

100

Frequently Asked Questions (FAQs)

1. Is the GATE 2025 syllabus for Economics released?

Yes, IIT Roorkee has released the GATE 2025 Economics syllabus on the official website gate2025.iitr.ac.in.

2. When should I start preparing for GATE 2025?

Looking at the wide scope of the GATE syllabus 2025, candidates must begin their GATE preparation as soon as possible.

3. What are the fields for GATE 2025?

The authority is conducting the GATE exam for 30 subjects. Candidates can check all the GATE subjects with paper codes online.

4. Which institute will conduct GATE 2025?

IIT Roorkee is conducting the GATE 2025 exam in online mode.

5. What is the GATE 2025 exam date?

The GATE 2025 exam dates are February 1, 2, 15 and 16, 2025.

6. What are the important topics for the GATE 2025 Economics exam?

The important topics for the GATE 2025 Economics exam  include  Microeconomics , Macroeconomics, Development Economics, Indian Economics. 

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Questions related to GATE

Have a question related to GATE ?

Hi Shubhradev,

MSc students can indeed crack GATE and potentially land PSU jobs, though opportunities may be more limited compared to engineering graduates. Some PSUs do recruit MSc graduates with valid GATE scores, but eligibility criteria vary among organizations. Hence..

Yes, you can apply for PSU (Public Sector Undertaking) jobs with a valid GATE rank, even if you are pursuing an MSc in Electronics and Communication. While many PSUs primarily prefer candidates with a BTech or BE, several PSUs accept MSc graduates in specific disciplines like Electronics, Communication, and related fields.

The eligibility criteria can vary by PSU, so it's important to check the specific requirements for each organization. Some PSUs may allow MSc graduates to apply, especially if the GATE exam is in the relevant engineering discipline (like Electronics and Communication).

Keep an eye on PSU job notifications, as they often list specific qualifications and degree requirements. If you meet the criteria and have a good GATE score, you could have opportunities in various PSUs. You can check more on the given website of Careers360. All the best!

https://engineering.careers360.com/articles/gate-eligibility-criteria

Hello,

Based on your GATE 2024 score of 226 in Electronics and Communication Engineering (ECE) under the SC category, securing admission to IITs may be challenging due to the following considerations:

  • Qualifying Marks : The GATE 2024 qualifying cutoff for ECE in the SC category was 16.6 marks.

  • Admission Cutoffs : Admission cutoffs for IITs are typically higher than the qualifying marks and vary across institutes and specializations. For instance, in previous years, the cutoff scores for SC candidates in ECE-related M.Tech programs at IITs ranged significantly higher than your score.

  • Competition and Seat Availability : Admission to IITs is highly competitive, and candidates with higher GATE scores are generally preferred.

Recommendations :

  • Explore Other Institutes : Consider applying to National Institutes of Technology (NITs) or other reputable engineering colleges where the cutoff scores may align more closely with your GATE score.

  • Review Specific Cutoffs : Research the previous years' cutoffs for the specific institutes and programs you're interested in to assess your chances accurately.

  • Enhance Qualifications : If feasible, consider improving your GATE score in future attempts to increase the likelihood of admission to your desired institute.

While admission to IITs with a GATE score of 226 in the SC category is unlikely, exploring alternative institutes and programs can provide valuable opportunities for your academic and professional growth.

Hope it helps !

it is true that many Public Sector Undertakings (PSUs) recruit candidates based on their performance in the Graduate Aptitude Test in Engineering (GATE) exam, meaning you can get a PSU job through the GATE exam with msc electronics and communication essentially, a good GATE score opens doors to various PSU recruitment opportunities.

If you have high ranks like in top 300,than only you can get job in PSUs(Powergrid,BHEL,ONGC,NTPC etc.)

If your rank is under 2000 you can do masters from IITs/NITs with 12400 stipened per month. I addition with this Many private companies also consider if you are gate qualified for their recruitment.so its a win win situation if you crack gate with good rank.

You can use GATE TIPS AMD TRICKS to achieve good rank for PSUs recruitment.

Hello aspirant,

One of the most prestigious tests in India is the Graduate Aptitude Test in Engineering, or GATE, which gives applicants a wealth of career advancement prospects. Depending on their interests and niche, candidates can choose from any of the 29 disciplines or subjects that will be offered as of 2024.

For complete information about GATE exam, you can visit our site through following link:

https://engineering.careers360.com/exams/gate

Thank you

dropping out of a BTech program in the middle can be a problem but you must focus on your future goals and then you can definitely overcome it first you need to prioritise clearing your backlogs and focus on clearing them as soon as possible. You can consult with your college or university and  well then prepare for GATE properly. understand the syllabus properly and focus on the core subjects and understand their marks criteria. practice regularly solve previous year question papers of Gates And also possible join a coaching institute. GATE 2025

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