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GATE Economics Syllabus 2025: Topics & Weightage Wise Syllabus PDF
Edited By Samridhi Mishra | Updated on Aug 22, 2024 07:11 PM IST | #GATE
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.
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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.
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 |
|
Type of Questions |
|
Total Marks | 100 Marks |
Marking Scheme | All of the questions will be worth 1 or 2 marks |
GATE Negative Marking |
|
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.
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Questions related to GATE
Have a question related to GATE ?
While GATE doesn't explicitly mention this as a strict rule, the system is designed to prevent duplicate registrations. Having the same name, papers, and credentials with different contact information suggests a potential attempt to circumvent the rules or create multiple chances for the same candidate.
It's highly unlikely that GATE will offer you the option to choose one registration and reject the other. This would create inconsistencies and potential loopholes in the application process.
It's best to contact the GATE authorities directly to confirm this and get their specific guidance on the situation. They can provide you with the exact reasons for the rejection and any potential remedies.
For more information about GATE exam you can go through the link attached below.
https://engineering.careers360.com/exams/gate
Kanishka kaushikii 19 September,2024
Hello,
If you've submitted fees for GATE but didn't download the payment receipt, you can try retrieving it from the GATE website or contacting their customer support.
To get your payment receipt, follow these steps:
· Log in to your GATE account: Go to the GATE website and log in with your credentials.
· Check your payment history: Look for the payment history or transaction section.
· Download receipt: If available, download your payment receipt.
If you're unable to find it, reach out to the GATE support team or contact the organizing institute's helpdesk for assistance. They should be able to provide guidance or resend the receipt.
hope this helps,
Thank you
Tanya Gupta 16 September,2024
As a student pursuing a B.A. in Arts, Humanities, and Social Sciences from CSJMU, you are currently not eligible to appear for the GATE (Graduate Aptitude Test in Engineering) exam, as GATE primarily focuses on science, engineering, and technology disciplines. The eligibility criteria for GATE require candidates to hold a Bachelor's degree in Engineering/Technology/Architecture or a Master’s degree in Science, Mathematics, Statistics, or related fields.
However, the GATE exam has been expanding in recent years to include certain subjects under Humanities and Social Sciences, such as:
- Economics (XE)
- English (XH)
- Psychology (XH)
- Linguistics (XH)
- Philosophy (XH)
- Sociology (XH)
If your field of study falls within one of these specific subjects, you may be eligible to apply for GATE in the respective discipline. In this case, you would need to focus on preparing for the relevant subject, as GATE tests in these areas will have different syllabi compared to engineering fields.
If your B.A. does not align with any of these subjects, you will not be eligible for GATE. Consider pursuing a postgraduate degree in a related field if you wish to qualify for the exam in the future.
monag2673 12 September,2024
If you accidentally mentioned the wrong passing year in your GATE 2025 application form, it's important to address this issue to avoid any potential complications. Here’s what you should consider:
1. **Check the Guidelines**:
- **Refer to the GATE Brochure**: Review the GATE 2025 information brochure or official guidelines to understand the procedure for correcting application details. Most examination authorities provide specific instructions for making corrections.
2. **Contact the Exam Authorities**:
- **Reach Out for Clarification**: Contact the GATE organizing institute or the examination authorities via their official contact channels (email, helpline) to explain the mistake and seek guidance on whether you need to make a correction.
- **Follow Their Instructions**: If they advise making a correction, follow their instructions carefully to update the passing year in your application.
3. **Check for Correction Window**:
- **Look for Correction Period**: GATE applications typically have a correction window period where you can amend details. Verify if this period is available and use it to correct the passing year if necessary.
4. **Submit Correct Information**:
- **Update Your Records**: If correction is allowed, ensure you provide accurate information to avoid any issues during the examination or in the verification process.
5. **Documentation**:
- **Keep Proof**: Retain any communication or documentation related to the correction request for future reference, in case it is needed for verification.
Correcting the mistake is crucial because discrepancies in application details can lead to complications during the examination process or verification stages. Taking prompt action will help ensure that your application is processed smoothly and accurately.
monag2673 11 September,2024
A person with a valid GATE score more than 700 get call for interview and rank under 2k in most of the IITs in CS candidates can apply to some other departments too, but that depends on the course being offered by the institute and the individuals interest.
Sometimes rank below this are also get call for interview in new ones but several factors such as the cutoff ranks for different institutes, the number of seats available, and the competition in the particular year changes cutoff every year.
sadafreen356 11 September,2024
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