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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. 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.
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GATE 2025: Syllabus | Sample Papers
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 |
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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.
The important topics for the GATE 2025 Economics exam include Microeconomics , Macroeconomics, Development Economics, Indian Economics.
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BHEL, IOCL, ONGC, SAIL, NTPC, HPCL, PGCIL, BARC and many more PSUs recruitment ate available for students who qualify gate exam followed by interview.
Also some government colleges Offering Teaching Positions Following the GATE Exam.you can apply for it too.
Gate exam let you in for positions in government organizations such as DRDO,
BARC, ISRO etc.
All the updates of recruitment through gate is available in the link
https://engineering.careers360.com/articles/psu-recruitment-through-gate
There are various private institutes in India which offer Data Science and Machine Learning courses with great placement opportunities, although make sure you look at the course content, duration of the course and then decide which one best suit your requirement and then go ahead with it.you can consider these colleges;
Symbiosis Centre for Management and Human Resource Development (SCMHRD)
Symbiosis Centre for Information Technology (SCIT)
Wellingkar Institute of Management
NL Dalmia
NMIMS Mumbai
Goa institute of management
These are good universities which doesn't required Gate you can consider. They provide 2 years full-time programs m.tech in data science .You can get admission through CAT, XAT, MAT, etc. They require an aptitude test followed by interviews
You can get all the details about the college admission and its placement and fees in the link below for delhi which is a hub of data science you can filter cities as per your convenience
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Candidates who are currently studying in the last year of any undergraduate degree program or who have completed any government approved degree program in Engineering/ Technology/ Science/ Architecture/ Humanities are eligible to appear for GATE 2024.if you are planning to get into m.plan in housing some universities may require GATE scores for admission, while others may allow direct admission and other state conducts their own exam like TANCET.
To know more about M.Plan you can read: https://www.careers360.com/courses/m-plan-master-of-planning
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The status of applications usually takes a pretty long time to reflect on online portals.
Here's what you can do:
Scan the Portal Regularly: Check the portal regularly and see if anything has been updated. Sometimes it might take a couple of days for the system to compute the changes.
Contact Helpdesk: You can contact the helpdesk of eGATE 2025 or concerned departments. They can let you know the status of the application and what exactly should be done to make the process smooth.
Upload and Clear Documents: Confirm all required documents are uploaded clearly.
If still nothing results from these steps, contacting the relevant authorities head-on to seek clarification and assistance is advisable.
A flight attendant is a professional whose primary duty is to ensure the safety and comfort of passengers during an airline flight. An individual who is pursuing a career as a flight attendant is part of the cabin crew for the plane, a team of personnel who operate a commercial, business, or even military aircraft while travelling domestically or internationally.
An individual pursuing a career as a flight attendant is specially trained for the aircraft in which he or she works since passenger safety is their foremost concern. In this article, we will discuss how to become a flight attendant in India or how to become a flight attendant after graduation.
An aerospace engineer is an individual who develops new ideas and technologies that can be used in defence systems, aviation, and spacecraft. He or she not only designs aircraft, spacecraft, satellites, and missiles but also creates test vehicles to ensure optimum functionality. Aerospace engineering is a branch of engineering that deals with the study, design, and development of aerial vehicles such as aircraft and spacecraft.
Aerospace engineering jobs deal with employees who design or build missiles and aircraft for national defence, or spacecraft. Aerospace engineering or aircraft engineering is often referred to as rocket science. The bottom line is that the person who is pursuing a career in aerospace engineering has to deal with multiple teams at different levels and work across various technologies.
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
An aircrew officer or airline commanders fly aircraft to provide transportation to passengers or cargo. The aircrew officer operates the engines of aircraft and controls to navigate and fly the airplane. The ability to learn new technologies every time and to stay up-to-date with the changes in the industry is what the aircrew officer should possess.
This could be possible through membership with professional pilot associations. The aircrew officer is also one of the highest-paid professionals and the job is quite coveted. Keep reading to find out what you need to know about how to become aircrew officer.
You may also read career as Airline Pilot.
An air hostess is a flight attendant also known as a cabin crew or steward. An air hostess undertakes several pre-flight, in-flight, and post-flight duties and is responsible for ensuring the safety and comfort of passengers on both national and international flights. A career as an air hostess might be desirable for you if you are excited about a job in which you can help people and travel to exciting places.
Air hostesses play a crucial role in the flight crew, working closely with pilots and ground personnel to provide a safe and comfortable travel experience, even beyond their hospitality responsibilities. Being flexible, having strong communication skills, and being dedicated to the comfort of passengers are all necessary for their dynamic function, which makes them essential to the entire travel experience.
An Aeronautical Engineer job comes with the responsibility of designing aircraft and thrust systems. He or she is employed in aviation, defence or civil aviation industries. Aeronautical Engineer is generally engaged in the design of aircraft and propulsion systems as well as the analysis of building materials and aircraft's aerodynamic performance. The role of an Aeronautical Engineer may involve assembling parts of aircraft, testing and maintaining them.
A Safety Manager is a professional responsible for employee’s safety at work. He or she plans, implements and oversees the company’s employee safety. A Safety Manager ensures compliance and adherence to Occupational Health and Safety (OHS) guidelines.
Are you searching for an 'airline pilot job description'? An airline pilot or airline commander flies aircraft and helicopters to provide transportation to passengers or cargo. The airline pilot operates the engines of the aircraft and controls them to navigate and fly the airplane. The ability to learn new technologies every time and to stay up-to-date with the changes in the industry is what aviators should possess. The career as airline pilot is also one of the highest-paid professionals and the job is quite coveted.
Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues.
A career as Transportation Planner requires technical application of science and technology in engineering, particularly the concepts, equipment and technologies involved in the production of products and services. In fields like land use, infrastructure review, ecological standards and street design, he or she considers issues of health, environment and performance. A Transportation Planner assigns resources for implementing and designing programmes. He or she is responsible for assessing needs, preparing plans and forecasts and compliance with regulations.
Individuals who opt for a career as an environmental engineer are construction professionals who utilise the skills and knowledge of biology, soil science, chemistry and the concept of engineering to design and develop projects that serve as solutions to various environmental problems.
A Safety Manager is a professional responsible for employee’s safety at work. He or she plans, implements and oversees the company’s employee safety. A Safety Manager ensures compliance and adherence to Occupational Health and Safety (OHS) guidelines.
A Conservation Architect is a professional responsible for conserving and restoring buildings or monuments having a historic value. He or she applies techniques to document and stabilise the object’s state without any further damage. A Conservation Architect restores the monuments and heritage buildings to bring them back to their original state.
A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software.
Highway Engineer Job Description: A Highway Engineer is a civil engineer who specialises in planning and building thousands of miles of roads that support connectivity and allow transportation across the country. He or she ensures that traffic management schemes are effectively planned concerning economic sustainability and successful implementation.
Are you searching for a Field Surveyor Job Description? A Field Surveyor is a professional responsible for conducting field surveys for various places or geographical conditions. He or she collects the required data and information as per the instructions given by senior officials.
Individuals who opt for a career as geothermal engineers are the professionals involved in the processing of geothermal energy. The responsibilities of geothermal engineers may vary depending on the workplace location. Those who work in fields design facilities to process and distribute geothermal energy. They oversee the functioning of machinery used in the field.
A geologist attempts to comprehend the historical backdrop of the planet we live on, all the more likely to anticipate the future and clarify current events. He or she analyses the components, deployments, results, physical characteristics, and past of the planet. A geologist examines the landforms and landscapes of the earth in relation to the geology, climatic, and human processes that have shaped them.
A geologist studies earth procedures, for example, seismic tremors, avalanches, floods, and volcanic eruptions to review land and draw up safe structure plans. When he or she researches earth materials, explores metals and minerals, yet in addition search for oil, petroleum gas, water, and strategies to extricate these.
Energy efficiency engineering is a broad field of engineering which deals with energy efficiency, energy services, facility management, plant engineering, and sustainable energy resources. Energy efficiency engineering is one of the most recent engineering disciplines to emerge. The field combines the knowledge and understanding of physics, chemistry, and mathematics, with economic and environmental engineering practices. The main job of individuals who opt for a career as an energy performance engineer is to find the most efficient and sustainable path to operate buildings and manufacturing processes.
Individuals who opt for a career as energy performance engineers apply their understanding and knowledge to increase efficiency and further develop renewable sources of energy. The energy efficiency engineers also examine the use of energy in those procedures and suggest the ways in which systems can be improved.
A career as a Petroleum engineer is concerned with activities related to producing petroleum. These products can be in the form of either crude oil or natural gas. Petroleum engineering also requires the exploration and refinement of petroleum resources. Therefore, a career as a petroleum engineer comes up with oil and gas onshore jobs. There are also desk jobs in the petroleum industry. In layman’s terms, a petroleum engineer is a person who finds the best way to drill and extract oil from oil wells. Individuals who opt for a career as petroleum engineer also tries to find new ways to extract oil in an efficient manner.
A career as Transportation Planner requires technical application of science and technology in engineering, particularly the concepts, equipment and technologies involved in the production of products and services. In fields like land use, infrastructure review, ecological standards and street design, he or she considers issues of health, environment and performance. A Transportation Planner assigns resources for implementing and designing programmes. He or she is responsible for assessing needs, preparing plans and forecasts and compliance with regulations.
A career as a civil engineer is of great importance for the infrastructural growth of the country. It is one of the most popular professions and there is great professional as well as personal growth in this civil engineering career path. There is job satisfaction in this civil engineering career path, but it also comes with a lot of stress, as there are multiple projects that need to be handled and have to be completed on time. Students should pursue physics, chemistry and mathematics in their 10+2 to become civil engineers.
A career as a Transportation Engineer is someone who takes care of people's safety. He or she is responsible for designing, planning and constructing a safe and secure transportation system. The transportation sector has seen a huge transformation and is growing day by day and improving every day.
As a Transport Engineer, he or she needs to solve complex problems such as accidents, costs, traffic flow, and statistics. A Transport Engineer also collaborates for projects with some other companies.
A loco pilot or locomotive pilot is a professional responsible for operating trains. He or she starts, stops, or controls the speed of the train. A locomotive pilot ensures that the train operates according to time schedules and signals. These loco pilots are responsible for carrying people and products to distinct destinations.
A loco pilot has thorough knowledge and understanding of the railway operations, rules, regulations, protocols, and measures to take in times of emergency. Their role is crucial in ensuring passenger and freight trains' smooth and safe operation. Here, in this article, we will discuss everything on how to how to become a loco pilot.
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