IIT JAM Economics Course 2025
MA Economics Entrance Preparation
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IIT JAM Economics Course Description
EduSure’s IIT JAM Economics Course is designed to help you gain admission to prestigious institutions like the IITs, Ashoka University, SNU, ISI, and CUET-PG Economics affiliated colleges such as DSE, IGIDR, JNU, Hyderabad, GIPE, DTU, and other MA Economics programs that have individual entrance exams like IIFT, MSE, and SAU.
EduSure students have consistently achieved top ranks, including Rank 1s in IIT JAM, GATE, DSE, JNU, IGIDR, MSE, and various other institutions over multiple years.
In the past three years, EduSure has secured very good results. Average salary packages at these institutions are impressive, with IIT graduates 16 LPA+, ISI graduates earning 18 LPA+, DSE graduates 15 LPA+, IGIDR graduates 13 LPA+, IIFT graduates 11 LPA+, MSE graduates 11 LPA+, and more.
EduSure’s IIT JAM Economics program provides comprehensive preparation for all institutes offering the MA Economics program in India.
Click here to read all about IIT JAM Economics Entrance to know more details. Want to get access to IIT JAM Economics Past Papers and Answer keys?
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If your focus is solely on CUET PG Economics and similar exams, our CUET Plus Course is the perfect fit for you!
IIT JAM Economics course Details Video
IIT JAM Economics Course Features
Course Features
- Lectures by Samkith Sir (ISI MSQE) covering Microeconomics, Mathematics, and Statistics.
- Lectures by Mahima Ma'am (DSE, SRCC) focusing on Macroeconomics.
- Specialized materials on the Indian economy curated by EduSure.
- Weekly general knowledge quizzes and materials provided by EduSure.
- Well-organized EduSure student portal for seamless navigation.
- Complete class recordings available through EduSure.
- Questions categorized by topic for targeted practice.
- Previous Year Question (PYQ) solutions organized by topic and year for ISI, DSE, IIT, CUET, IIFT, SAU, UOH, and more.
- PDF notes on all subjects available.
- Weekly tests following each topic to assess understanding.
- Additional practice questions on all topics.
- 10 IIT mocks, 5 ISI mocks, Ashoka, SNU mocks
- 10 CUET mock tests, mocks on IIFT, MSE, SAU, and more
- Live mock tests conducted throughout the year.
- Endless doubt resolution support
- Peer group benefits with the EduSure cohort
- Sunday motivation and guidance sessions with Mahima Ma’am or Samkith Sir
- 24/7 portal helpdesk assistance
24*7 Access on Student Portal
Latest Lectures on the Indian Economy
Unlimited Doubt Clarification Sessions
Access Valid Until June 30th of the Following Year
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IIT JAM Economics Classes by EduSure
Econometrics CLRM Basics
Indian Economy - Agriculture Overview
National Income Accounting- Macro Economics
Mathematics - Functions Basic Theory
Micro Economics - Budget Line Basics
Statistics - Central Tendency
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Course Syllabus
Microeconomics |
| Consumer theory: Preference, utility, budget constraint, choice, demand, Slutsky equation, revealed preference axioms. |
| Theory of production and cost: Production technology, isoquants, returns to scale, short run and long run costs, cost curves. |
| General equilibrium and welfare: Equilibrium, efficiency, welfare economics. |
| Market structure: Perfect competition, monopoly, price discrimination, monopolistic competition, oligopoly. |
| Game theory: Strategic form games, Nash equilibrium, mixed extension, Prisoner’s dilemma. |
| Public goods and market failure: Externalities, public goods, asymmetric information. |
Macroeconomics |
| National income accounting: Concepts, measurements, fiscal and foreign sector variables. |
| Behavioural and technological functions: Consumption functions, investment functions, money demand and supply Business cycles and economic models: Classical model, Keynesian model, IS-LM Model, Hicks’ IS-LM synthesis, monetary and fiscal policies. |
| Inflation and unemployment: Theories, measurement, causes, effects. Growth models: Harrod-Domar, Solow, Neo-classical growth models. |
| Business cycles and economic models (open economy): Open economy, Mundell-Fleming model, Keynesian flexible price (aggregate demand and aggregate supply) model, role of monetary and fiscal policies |
| Inflation and unemployment: Inflation – theories, measurement, causes, and effects, unemployment – types, measurement, causes, and effects |
Statistics |
| Probability theory: Sample space, events, random variables, probability distributions, expectation, variance, functions of random variables. |
| Mathematical statistics: Random sampling, estimation, hypothesis testing, correlation, regression. |
| Hypothesis testing: distributions of test statistics, testing hypotheses related to population parameters, Type I and Type II errors, the power of a test, tests for comparing parameters from two samples. |
| Correlation and regression: Correlation and types of correlation, the nature of regression analysis, method of Ordinary Least Squares (OLS), CLRM assumptions, properties of OLS, goodness of fit, variance and covariance of OLS estimator |
Indian Economy |
| Indian economy before 1950: Transfer of tribute, deindustrialization. |
| Planning and Indian development: Planning models, challenges. Indian economy after 1991: Balance of payments crisis, economic reforms. |
| Banking, finance, and macroeconomic policies: Banking, financial sector reforms, fiscal and monetary policy, savings and investment. |
| Inequalities in social development: Achievements, disparities between Indian States. |
| Inequalities in social development: India’s achievements in health, education and other social sectors, disparities between Indian States in human development |
| Poverty: Methodology, issues in poverty estimation. |
| India’s labour market: Unemployment, labour force participation rates. |
| Mathematics for Economics |
| Preliminaries and functions: Set theory, elementary functions, sequences and series, complex numbers. |
| Differential calculus: Limits, continuity, differentiability, mean value theorems, partial differentiation, higher order derivatives, implicit function theorem. |
| Integral calculus: Definite integrals, fundamental theorems, indefinite integrals. |
| Differential equations, and difference equations: First order difference equations, first order differential equations. |
| Linear algebra: Matrix representations, systems of linear equations, linear independence, determinants, eigenvectors and eigenvalues, symmetric matrices. |
Optimization: Local and global optima, multivariate optimization, constrained optimization, linear programming. Please note that this is a summarized version of the syllabus. |
Class Timings
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Career After MA Economics
EduSure School is highly committed to its mission and actively encourages students to pursue an M.A. in Economics, given the promising future it offers.
After obtaining a Master's in Economics, graduates can:
- Secure a corporate job with a highly attractive average salary.
- Work with prestigious organizations such as the Planning Commission of India, World Bank, UN, or other international bodies.
- Engage in research to address issues in health, education, and more.
- Begin teaching at the undergraduate level, with a starting salary of Rs 50,000 per month at DU.
A Master's in Economics opens numerous opportunities for students. It stands out as one of the best career choices today, especially when compared to fields like CA/CS or engineering, where the average salaries are lower due to the high number of students in those disciplines.
Regular Support & Assistance
| Consistent University Updates delivered regularly. |
| Peer WhatsApp and Telegram Groups for discussions. |
| 24/7 support through Email and WhatsApp. |
| Additional classes before entrance exams. |
Terms & Conditions
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Job Opportunities
after Masters in Economics
Consultancy Roles
Graduates can work as economic consultants, providing valuable insights to businesses, government agencies, private sector or non-profit organizations.
Data Science and Analysis
With strong analytical skills, economics graduates are well-suited for roles in data science, where they analyze and interpret complex datasets.
Finance and Banking
Opportunities abound in the financial sector, including roles in banking, investment analysis, or financial consulting.
Policy Analysis
Graduates can engage in policy analysis, working with government bodies or policy think tanks to shape and evaluate economic policies.
Academia
Teaching and research positions in universities or colleges offer a fulfilling path for those interested in imparting knowledge and contributing to academic advancements.
Research Positions
Many pursue careers in research, contributing to academic institutions, think tanks, or research organizations.
International Organizations
Organizations like the World Bank, IMF, and UN provides opportunities for economists to work on global economic issues.
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