It is the paper 1 which is eventually the most difficult and would take up the major proportion of your preparation time.
It is important that you prepare notes after a general reading of the topics in your own words so that it becomes easier for you to revise the models as exams approach nearer.
Always try preparing topic wise instead of preparing book wise.
# Readings
1. MICROECONOMICS
2. MACROECONOMICS
5. INTERNATIONAL ECONOMICS
6. GROWTH AND DEVELOPMENT
# HOW TO ATTEMPT THE ANSWERS ?
# SAMPLE ANSWER COPIES
# RESOURCES
# NOTES
# ENVIRONMENTAL ECONOMICS
From previous toppers:
It is important that you prepare notes after a general reading of the topics in your own words so that it becomes easier for you to revise the models as exams approach nearer.
Always try preparing topic wise instead of preparing book wise.
# Readings
1. MICROECONOMICS
- Questions and topics asked in the examination are primarily from H.L. Ahuja. Even in case of diversification, it ends at Modern Microeconomics by Koutsoyiannis.
- Considering the time constraint, it is advised that the sources must be kept limited to these two books.
- Ahuja should be the primary reading and Koutsoyiannis as the secondary only to understand the concepts better in case Ahuja has limited coverage of the topic.
- Start reading the chapters that are even closely associated to the topics mentioned in the syllabus or if the past years questions have come from those chapters.
2. MACROECONOMICS
- Primary reading would be Froyen Macroeconomics.
- Once it is done, skim through Ahuja (Macro) for the left over terms, graphs and definitions.
3. MONEY BANKING AND FINANCE
4. PUBLIC FINANCE
- Ahuja (Macro)'s MBF section is to be read.
- It can be complemented with the MFM reading of Delhi University, however not a necessity.
4. PUBLIC FINANCE
- HL Bhatia is the primary reading.
- Also go through Public Finance section of Ahuja (Macro)
5. INTERNATIONAL ECONOMICS
- Salvatore is the primary reading.
- Do Krugman only for Imperfect market type in Trade and Speculative Attack
6. GROWTH AND DEVELOPMENT
- Jhingan is the primary reading for the models.
- Ahuja(Macro)'s G&D part can also be read for some prominent models.
- AP Thirlwall growth and development can be read generally for better conceptual clarity only if time permits.
7. ENVIRONMENT
- Market Failure and Externalities chapter to be done from any book. I have uploaded my source, the link can be found in the notes section.
- IGNOU material on Environmental Economics
- Pigouvian Tax and Coase Theorem section from Public Finance Notes
- Every question asked has a very specific answer. Be precise while answering and do not just write anything not asked.
- Your prime agenda should be first to specifically write what is being asked. Only then go on to write secondary thing such as List of Assumptions and related concepts, equations and diagrams.
- Write point wise covering all the dimensions of the question asked.
- Almost all the answers in paper 1 can have a diagram or a graph incorporated. Try not missing it out. Go for one diagram per question. It is not necessary at all that you are drawing it with pen or pencil. I have drawn it with pen. Ensure that it is labelled and described in a line or two.
- Choose the questions wisely. Attempt those where you have more points and where you are comfortable writing . Try to choose those questions where you can minimise your marks loss.
- Use examples from Indian Economy or world economy to substantiate the theory or model. Eg: Gravity model - India China trade.
- Attempt the optional question first and then attempt the compulsory questions while attempting both the sections.
# SAMPLE ANSWER COPIES
- Test Paper 1 - Eco 1 | Question Paper 1)
- Test Paper 2 - Eco 1 | Question Paper 2)
- Test Paper 3 - Eco 1 | Question Paper 3)
- Test Paper 4 - Eco 1 | Question Paper 4)
# RESOURCES
- Topic wise arranged Past Year Questions - Shankar IAS
- Micro arranged - Bliss Point
- Macro arranged - Bliss Point
- International Economics - Bliss Point
# NOTES
- It is recommended that you only see the notes to have an idea and then prepare notes in your own words.
- It is recommended that you follow the notes in OneNote format and not in PDF format because it is more structured in OneNote and I can be updated with ease.
- These notes are not substitutes for primary readings. These are only add-on for revision.
# MICRO
- Consumer Theory
- Production Theory
- Market Theory 1
- Market Theory 2
- Market Theory 3
- Distribution Theory
- Welfare
# MACRO
# GROWTH AND DEVELOPMENT
# PUBLIC FINANCE
# INTERNATIONAL TRADE
# ENVIRONMENTAL ECONOMICS
> ONENOTE
From previous toppers:
- Gaurav Agrawal : https://thesupermanreturns.wordpress.com/2014/06/26/eco_optional/
- Abhimanyu Gahlaut: https://reluctanteconomistblog.wordpress.com/econ-optional/
- Abhijeet Sinha: https://abhijeetsinhaupsc.wordpress.com/
Can you please upload your test series answer script?
ReplyDeleteSir can you please upload your optional notes?
ReplyDeleteThank you sir :) it's very helpful.
ReplyDeletesir can you share exhaustive topic list, which needs to be cover because i am relying on coaching notes for time being and will cover topic which are not touched upon by coaching.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteSir, please tell the appendices to be covered from Salvatore.
ReplyDeleteSir when going to open the notes it's saying please check your internet connection,even though i am connected and subscribed.
ReplyDeleteDear Sir,
ReplyDeleteThanks for uploading your notes. it is really helpful.
Sir please also upload the OneNote format notes. Would be very helpful!
ReplyDeleteonenote ?
ReplyDeleteThankyou so much Sir.The insights and materials shared here are highly valuable and there is no doubt that it can immensely contribute to our preparation.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteSir how to attempt question in each section like 1 &5 question all are to be attempted and remains section have to attempt only one question from each
ReplyDeletesir kya ye original answer sheet hai ?
ReplyDeleteI mean aapne aise hi attempt kiya tha ?
Thanks for your notes.
ReplyDeletethank you sir
ReplyDeleteSir aap ka note hindi me milega ... Me hindi medium se hu
ReplyDeleteThank you Sir.
ReplyDeleteSir can I follow Indian Economic by Ramesh Singh for preparation?
ReplyDeletecan you please upload your notes of Econometrics for IES.
ReplyDeletejoin for healthy discussion over syllabus and stuff
ReplyDeletehttps://chat.whatsapp.com/H8i36xsPIVIDAO0rUsT4Oq
sir, what was your source for distribution theory?
ReplyDeleteThank you so much sir.
ReplyDeleteBrother can you help me in the subject
DeletePlease upload economics optional 2 paper model answer
ReplyDelete