The largest carnival for all students graduating from the 12th grade is called CUET, formerly known as CUCET. You will have the chance to enrol in your selected course at the best colleges in the nation thanks to it. The centralization of the entrance exams for all the top colleges has improved student focus and allowed them to tailor their study plans to a particular syllabus.

The subject-by-subject syllabus for each of the aforementioned subjects has already been made available by CUET on its official website. Economics is one of the topics listed in section II (domain-specific). Economics is the study of the creation and consumption of products, as well as the accumulation and distribution of services. Many students have already been drawn to this subject because of the course syllabus’s rich diversity and the advanced opportunities and scope it offers. The exam will be administered online via computer-based testing (CBT), according to the National Testing Agency, which is in charge of administering the test. The students are recommended to check and carefully go through the CUET Economics syllabus in light of all of this.

Economics syllabus for CUET Exam

The official notification from CUET has previously announced the Economics course outline for CUET and made it clear that it will only feature the NCERT course outline for class 12th. The table below provides the comprehensive Economics course syllabus for CUET:

Unit I: Introduction to MicroeconomicsWhat is microeconomics?Central problems
Unit II: Consumer Behaviour and DemandConsumer’s Equilibrium: meaning and attainment of equilibrium through Utility Approach: One and two commodity cases. Demand: market demand, determinants of demand, demand schedule, demand curve, movement along and shifts in the demand curve, price elasticity of demand, measurement of price elasticity of demand – percentage, total expenditure, and geometric methods.
Introductory Macroeconomics
Unit III: National Income and Related Aggregates – Basic Concepts and MeasurementMacroeconomics: meaning.Circular flow of income, concepts of GDP, GNP, NDP, NNP (at market price and factor cost).Measurement of National Income –Value Added method, Income method, and Expenditure method.
Unit IV: Determination of Income and EmploymentAggregate demand, aggregate supply, and their components.Propensity to consume and propensity to save (average and marginal), which means involuntary unemployment and full employment.Determination of income and employment: two-sector model.Concept of investment multiplier and its working.Problems of excess and deficient demand.Measures to correct excess and deficient demand – availability of credit, change in government spending.
Unit V: Money and BankingMoney: meaning, evolution, and functionsCentral bank: meaning and functionsCommercial banks: meaning and functions.
Unit VI: Government Budget and the EconomyGovernment budget – meaning and its componentsObjectives of government budgetClassification of receipts – revenue and capital; classification of expenditure – revenue and capital, plan and non-plan, and developmental and non-developmentalBalanced budget, surplus budget, and deficit budget: meaning and implicationsRevenue deficit, fiscal deficit, and primary deficit: meaning and implications; measures to contain different deficits.
Unit VII: Balance of PaymentsForeign exchange rate – meaning (fixed and flexible), merits and demerits; determination through demand and supply.Balance of payments accounts – meaning and components.A brief analysis of recent exchange rate issues
Indian Economic Development
Unit VIII: Development Experience (1947-90) and Economic Reforms since 1991A brief introduction of the state of the Indian economy on the eve of independence. Indian economic system and common goals of Five-year plans.Main features, problems, and policies of agriculture (institutional aspects and new agricultural strategy), industry (IPR 1956; SSI – role & importance), and foreign trade.
Unit IX: Current challenges facing the Indian EconomyPoverty – absolute and relative; Main programs for poverty alleviation: A critical assessment; Human Capital Formation – How many people become resource; Role of human capital in economic development; Rural development: Key issues – credit and marketing – the role of cooperatives; agricultural diversification; Employment: Growth and changes in the workforce participation rate in formal and informal sectors; Infrastructure: Meaning and Types: Cases Studies: Health: Problems and Policies – A critical assessment; Sustainable Economic Development: Meaning, Effects of Economic Development on Resources and Environment, including global warming.
Unit X: Development Experience of IndiaA comparison with neighbours.India and Pakistan.India and China.Issues: economic growth, population, sectoral development, and other Human Development Indicators.

How to prepare Economics for CUET

Concentration, Consistency, and Clarity are the three C’s that are most crucial. The clarity of your plan, your consistency in work, and your concentration on reaching your end goal. You are more likely to be considered a worthy applicant if you can sustain these. You should create a preparation plan that will work for you and produce effective outcomes while keeping in mind these three C’s. An effective and successful plan or strategy is essential to preparing for the CUET in economics.

By offering a step-by-step technique for preparation that will move you closer to your objective, the article will now attempt to assist you.

A structured schedule: Any form of preparation requires a fairly rigorous approach. Although adhering to a schedule with discipline and dedication is very necessary, it is much more crucial. Your approach will become routine as a result, which will improve your focus and comprehension. Discipline allows for big accomplishments. You must maintain your focus and keep to the trail without turning off course.

Possession of the curriculum: When we refer to having control over the curriculum, we imply having a firm understanding of and grasp of the curriculum. It is not sufficient to simply understand the CUET Economics course. Additionally, you must be able to name the key chapters. Chapters that carry a higher weight (in terms of grades), as well as the chapters you struggle with. Having this clarity will make it easier for you to create a schedule and strategy.

Time management: If you can effectively manage your time, learning how to prepare for chemistry on the CUET will be a pleasant experience. Your schedule should always be determined by the time you have available and the remaining material on your syllabus. This will aid you in time management. Time management that is sincere and prudent is always valued. This keeps you continuously goal-focused.

Both repetition and practice: Practice and revision are essential, and if you skip them, you’ll inevitably fall short when the going gets tough. Everyone has heard the adage “practice makes perfect.” But how exactly do you prepare for economics on the CUET? What should you drill and review?

Rewrite the passages you believe to be your weaker ones. You’ll get better as a result, and your confidence will increase. You are urged to practice by reading through the sample questions and the test from the previous year. Even so, administering mock exams is still the greatest way to practice, so never skip that step. Mock exams help you hone your skills and make your exam preparation effective.

By Manali