Economics is one of the important Subjects in UPSC preparation. Every year around – 15-20 questions directly come from Macro and microeconomics. We have jolted down the Economics Detailed syllabus UPSC For 2021-2022. Read it carefully. And try to complete the syllabus as soon as possible.

Economics Details syllabus UPSC For 2021-2022.
Planning
- Planning
- Meaning of Planning
- Need for Planning in Economic Development
- Imperative Vs. Indicative Vs.
- Structural Planning
- Objectives of Planning
- Indian Planning History
- Techniques of Indian Planning
- Achievements & Failures of Indian Planning
- Shortcomings of Planning in India
- NITI Aayog Vs. Planning
- Commission
Mobilisation of Resources
- Mobilisation of Resources
- Types of Resources – Financial, Human, Natural etc.
- Need for Resource Mobilisation
- Role of Savings & Investment
- Government Resources – Tax & Non-Tax ( or Fiscal & MonetaryPolicy)
- Banking Sector & NBFCs
- Capital Market
- External Sources – FDI, ODA etc.
- Public Borrowing & Management of Public Debt
- Challenges in Mobilising Resource for Development
- Steps That Can Be Taken
Growth & Development
- Meaning of Development & Growth
- Difference between Development and Growth
- Determinants of Growth & Development
- Importance & Limitations of Economic Growth
- Jobless Growth
- Pro-Poor Growth
- Balanced & Unbalanced Growth
- Dimensions of Development
- Measurement & Indicators of Development
- Approaches to Development:
- Market-Based Approach
- Role of State and Planned Approach
- Mixed Economy Approach
- Challenges to Development & Growth
Employment
- Nature – Rural vs. Urban, Formal Vs. Informal
- Terms Related to Employment – Labour Force Participation Rate,
- Employment Rate, Working Age Population, etc.
- Sectoral Distribution of Employment
- Quality of Employment
- Causes of Lack of Employment
- Restructuring of Workforce
- Government Initiatives for
- Generating Employment
Inclusive Growth & Issues Arising From It
- What is Inclusive Growth?
- Elements of Inclusive Growth
- Need for Inclusive Growth Indicators of Inclusive Growth
- Challenges in Achieving Inclusive Growth in India
- 12 FYP & Inclusive Growth
Government Budgeting
- Need for Government Budgeting
- Components of the Government Budget
- Revenue Account – Revenue Receipts &
- Revenue Expenditure
- Capital Account – Capital Receipts &
- Capital Expenditure
- Changes in Budgetary Process in 2017
- Measures of Government Deficit
- Revenue Deficit
- Fiscal Deficit
- Primary Deficit
- Fiscal Policy
- Deficit Reduction
- FRBM Act
- Other Types of Budgets – Outcome,
- Zero-Based, etc
Land Reforms in India
- Rationale for Land
- Reforms
- Components of Land
- Reforms Impact of Land
- Success of Land Reforms
- Recent Initiatives – Land Leasing, Land Acquisition,
- Rehabilitation & Resettlement Act, etc.
Effects of Liberalization on the Economy
- Phase of Liberalisation
- Impact on Different Sectors of the Economy
Changes In Industrial Policy & their Effects on Industrial Growth
- Industrial Policy Before 1991
- Industrial Policy After 1991
- Phases of Industrial Growth
- Linkage Between Economic Reforms and
- Economic Outcomes
- Weaknesses and Failures of
- Industrial Policies
- National Manufacturing Policy
- SEZs
- Make in India
Infrastructure
- Energy
- Ports
- Roads
- Airports
- Railways
Investment.
- Investment Models
- Need for Investment
- Sources of Investment
- Types of Investment Models
- Domestic Investment Models
- Public Investment Model
- Private Investment Model
- Public-Private Participation Investment Model
Foreign Investment Models:
- FDI FII, etc.
- Sector Specific Investment
- Models
- Cluster-Based Investment Models
AGRICULTURE
- Major Crops Cropping Patterns in Various
- Parts of the Country
- Importance of Cropping Pattern
- Types of Cropping Pattern
- Reasons Why Cropping Pattern Differ
- Factors Influencing Cropping Pattern
- Emerging Trends in Cropping Pattern
- Long-Run Effects of Current
- Trends in Cropping Pattern
Different Types of Irrigation & Irrigation Systems Storage
- Modes of Irrigation
- Sources of Irrigation
- Choosing an Irrigation System
- Problems Associated with Irrigation
- Progress of Irrigation Under Five Year Plans
- Environmental Effects of Irrigation
- Need for Systemic Irrigation Reforms
- Need for a National Water Policy
Transport & Marketing of Agricultural Produce & Issues & Related Constraints
- Process of Agricultural Marketing – Marketing Channels, Functionaries, Costs, etc.
- Role of FCI
- Regulated Markets
- Warehousing
- Cooperative Marketing
- Shortcomings of Current Agricultural Marketing Process
- APMCs
- National Agricultural Market (NAM)
- Farmer Producer Organisations (FPO)
- Contract Farming
- Futures Trading in Agricultural Commodities
issues Related to Direct & Indirect Farm Subsidies & Minimum Support Prices
- Agricultural Pricing Policy
- Rationale for Subsidies
- Types of Subsidies
- Effectiveness, Extent & Problems of Subsidies
- Clash with WTO Agreements
Public Distribution System Objectives, Functioning, Limitations, Revamping
- Objectices/Significance
- Functioning – Fair Price Shops, FCI, Ration Cards, Aadhar Linking, etc.
- Shortcomings or Problems Associated with PDS
- Need to Improve the Working of PDS
- Measures to Improve the Loopholes & Lacunaes Associated with PDS
- Steps Taken by Government in this Regard
Issues of Buffer Stocks & Food Security
- Buffer Stock – Objectives & Norms in India
- Impact of Government Procurement & Distribution
- Need for Food Security
- NFSM And other Food Security Related Government Initiatives
Food Processing & Related Industries in India
- Scope & Potential in India
- Significance
- Location
- Constraints and Challenges
- Upstream & Downstream Requirements
- Supply Chain Management
- Government Policies and Initiatives – SAMPADA, 12th FYP, etc.