Priyanka Paul, Blog Content Writer at Edumarz
Table of Contents
What is CUET UG 2022?
CUET UG 2022: About the Economics Exam (309)
CUET UG 2022: Economics Exam Syllabus (309)
Microeconomics
Unit 1: Introduction
Unit 2: Consumer Behaviour and Demand
Unit 3: Producer Behaviour and Supply
Unit 4: Market Forms and Price Determination
Unit 5: Simple Demand and Supply Curve Application Tools
Macroeconomics
Unit 1: National Income and Related Aggregates, Basic Concepts and Measurement
Unit 2: Determination of Income and Employment
Unit 3: Money and Banking
Unit 4: Balance of Payments
Unit 5: Government Budget and the Economy
Frequently Asked Questions
What is CUET UG 2022?
Common University Entrance Test (CUET) UG 2022 is an exam by the National Testing Agency (NTA). Students seeking undergraduate courses in the Central Universities of India are eligible to take this exam. Around 45 Central Universities accept CUET UG scores for admission. On the NTA’s official website, students can fill out the application. The syllabus of the CUET UG 2022 can also be found on their website.
CUET UG 2022: About the Economics Exam (309)
CUET UG 2022: Economics Exam Syllabus (309)
The economics exam Syllabus (306) has 2 parts: Microeconomics and Macroeconomics. Each part has 5 units. Let us see the Syllabus in brief.
Microeconomics
Unit 1: Introduction
Basics of Microeconomics
Problems related to Microeconomics
Unit 2: Consumer Behaviour and Demand
Consumer’s Equilibrium: meaning and attainment of equilibrium through Utility Approaches. (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
Geometric methods
Unit 3: Producer Behaviour and Supply
Production function:
Returns to factor
Returns to scale
Supply:
Market supply
Determinants of supply
Supply schedule
Movement of the supply curve and changes to the supply curve
Price elasticity of supply
Calculating the percentage of price elasticity of supply and using geometrical methods
Cost and Revenue: Concepts of costs
Curves of short-term costs (fixed and variable costs, total, average and marginal costs)
Concepts of revenue:
The definitions of Total, average and marginal revenue and the relationship between them.
With the assistance of MC and MR, the producer’s equilibrium
Unit 4: Market Forms and Price Determination
Forms of the market:
Perfect competition
Monopoly
Monopolistic competition – their meaning and features.
Price determination under perfect competition:
Equilibrium price
Effects of shifts in demand and supply.
Unit 5: Simple Demand and Supply Curve Application Tools
The teachers can choose the issues:
Rationing
Floors and ceilings
Food
Availability Decline (FAD) Theory (the teachers can also choose alternative examples that are simple and easy to understand)
Note to textbook writers: One can give more day-to-day examples. One should also give more numerical examples using pictures, charts, and simple tables.
Macroeconomics
Unit 1: National Income and its Related Aggregates – Basic Concepts and Measurement
The definition of Macroeconomics.
Circular flow of income
An idea of GDP, GNP, NDP and NNP at market price and factor cost.
National Disposable Income (gross and net)
Private Income, Personal Income, and Personal Disposable Income
Measurement of National Income:
Value Added method
Income method
Expenditure method.
Unit 2: Determination of Income and Employment
Aggregate demand, aggregate supply, and their components
Meaning of 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 3: Money and Banking
Money: meaning, evolution, and functions
Central bank: meaning and functions
Commercial banks: meaning and functions
Modernization and privatisation of the Indian banking system are two recent significant reforms and issues.
Unit 4: Balance of Payments
Foreign exchange rate:
Meaning (fixed and flexible)
Merits and demerits
Determination through demand and supply
Meaning and components of the balance of payments accounts
An overview of current exchange rate problems
Unit 5: Government Budget and the Economy
Government budget – meaning and its components
Objectives of government budget
Classification of receipts: Revenue and capital
Classification of expenditure:
Revenue and capital
Plan and non plan
Developmental and non-developmental
The meaning and Implications of
Balanced budget
Surplus budget
Deficit budget
The meaning and Implications of
Revenue deficit
Fiscal deficit
Primary deficit
Measures to contain different deficits
The meaning and implication of Downsizing the role of government
Frequently Asked Questions
Where can I check the Syllabus of Economics Exam (309)?
You can check the Syllabus in this article or click here.
How many Units does the Economics Syllabus have?
It has 10 units divided into 2 parts: Microeconomics and Macroeconomics.
Do we have to study Supply and Demand?
Yes. Supply and Demand is a part of the Microeconomics Syllabus.
Do the Questions have Negative markings?
Yes. There is a negative marking of one mark for each incorrect answer.
About the Author
Hey guys, this is Priyanka here. I am a blogger at Edumarz. I write content on the latest competitive exams, colleges and universities. You can learn more about me here.