Showing posts with label Economics optional. Show all posts
Showing posts with label Economics optional. Show all posts

Wednesday, 26 June 2013

Preparation for the compulsory questions

The question numbers 1 and 5 in every optional paper are very tricky, more so in the changed paradigm when there is no choice and UPSC shifting to 12 markers from 20 markers. In Commerce paper 2 and in Management papers 1 and 2, the general way of asking questions is to give a term and we are supposed to write a note on it.

How i prepared for this

I tried collecting all kinds of terms possible on the topic from many sources like looking at syllabus of all major universities in India, looking at indices of many books etc and then preparing a small 5-10 marker on these terms. This makes sure that you can know the exact meaning of the term and the rest can be expanded during the exam.

If you don't know what "Dominant Coalition" is ( CSE-2012, Commerce, P2, Q1(a)) or what Personnel Ratios ( CSE-2012, Commerce, P2, Q1(d)) are, you will not be able to write correctly on this. Similar examples can be seen in Management papers like "Concept of fit and stretch", Managerial Grid, Hedge accounting , Share Penetration Index in the past 3 years. These terms carrying 120 marks can have a huge impact on your score and hence can't be left to chance.

For example, some sample terms on which notes were made for Industrial relations were: 

Aggregate Unionism, Bargained Corporatism, Class Consciousness, Defocalisation of power, Industrial Jurisprudence, Iron cage of serfdom, Concession Bargaining, Codetermination, Decentralized bargaining, Deductive bargaining, Featherbedding, Good-Faith bargaining, Implicit Contract, Implied obligations doctrine, Industrial feudalism, Jawboning, Job control Unionism, Mediation-Arbitration process, Multilateral bargaining, Normative bargaining Theory, Off-Pattern settlement, Outmigration, Pattern bargaining, centralized bargaining, Reverse collective bargaining, Surface bargaining, Union avoidance, Union substitution, Union suppression,  Productivity Bargaining, Society Unionateness, Structural functionalism, Welfare unionism, Zones of bargaining

Sunday, 16 June 2013

Book List for Economics Paper -2

Economics Paper-II 

No book was covered cover to cover but topics seen from all sources and preparation done taking into account old questions asked in CSE and IES exams

Pre-Independence

  • Economics history of India by G Kaushal
  • DU reading for BA( Eco) Hons. which has chapters from Tirthankar Roy etc
  • History books like Sumit Sarkar has some pages on syllabus topics

Post-Independence

  • Books by Uma Kapila
  • Oxford Companion to Economics in India by Kaushik Basu
  • Development Planning ( not sure about name of book) by Sukhamoy Chakraborty
  • Data from Rudra Dutt and Sundaram
  • DU readings
  • Currency reports by RBI
  • India's Economic Reforms and Development Essays for Manmohan Singh by Ahluwalia & Little
  • Bimal Jalan book on Indian Economy
  • India development reports
  • Monetary policy linked topics completely from RBI speeches, papers and currency reports
  • WTO from RBI research paper

Current

  • Economic Times newspaper, EPW, RBI website, Yojana
  • World bank, IMF research papers linked to India esp papers by Poonam Gupta, Arvind Virmani, Petia Topalova etc
  • Latest books in the market by well renowned economists like Shankar Acharya etc
  • PD Economy

Book List for Economics Optional - Paper 1

Economics Paper-I Book list

Microeconomics

  • Advanced Microeconomics by Ahuja
  • Topics like Arrow and Sen covered from the internet including proof of Arrow's theorem etc

Macroeconomics, Monetary Economics

  • Macroeconomics by Froyen
  • Macroeconomics by Gardner Ackley
  • Macroeconomics by Dornbusch, Fischer
  • Couple of Indian books index referred to see some terms in macro like 4-sector model which are only used in Indian books and sometimes are asked in the exam
  • Monetary Economics by S B Gupta covers some topics
International Economics
  • International Economics by Salvatore
  • Study guide to International Economics by Salvatore
  • 2 chapters from Modern microeconomics - Part 2 by Kalyanjit Roy Choudhury
  • Notes from the internet 
  • WTO from RBI document on India’s stand at WTO+ WTO website
Growth and Development
  • Thirlwall - HD model, Unbalanced & balanced growth, Lewis model; Myrdal
  • Economic Growth chapters from Mankiw Macroecnomics for Solow model
  • Todaro, Smith for Agriculture, HDI and sm other trivial topics
  • Debraj Ray esp for Human Capital, R&D; Lewis and Migration model; Kuznets empirical etc
  • Notes from internet on Environment, HDI and other indices etc
Public Finance
  • Musgrave and Musgrave
  • H L Bhatia
  • Internet