Central University Entrance Test ( CUET ) PG Economics
The National Testing Agency (NTA) has been entrusted with the responsibility of conducting the Central University Entrance Test (CUET) for Post Graduate (PG) programs including PG or Masters in Economics. The CUET, designed for admission to various programs offered by participating Central Universities, offers a convenient single-window opportunity for students to secure admission in these universities and institutes located throughout the country. We have compiled a list of the admitting institutes, and a dedicated blog has been created to provide detailed information about them.
Admission Procedure for MA Economics through CUET PG 2024
CUET PG 2024 is a Computer Based Test (CBT)
A) Merely appearing in CUET (PG) – 2023 does not guarantee admission to your desired university for MA Economics.
B) The selection and admission process is contingent upon meeting admission criteria, eligibility requirements, securing a rank in the merit list, demonstrating medical fitness, verifying original documents, and satisfying additional criteria specified by the university you are applying to.
C) Admissions are managed by Central and Participating Universities for their respective MA Economics programs. Once NTA declares the CUET (PG) – 2023 results, the universities will release their counseling/admission schedules and merit lists based on CUET (PG) – 2023 scores and additional university-specific criteria.
D) The University can draw the merit list based on the total score or only on the score achieved in Part II, the Domain Knowledge Section. For detailed information regarding the admission process and any inquiries related to admissions, candidates are strongly encouraged to visit the official website of the university they have applied to.
CUET PG Past Year Papers
Eligibility Criteria for MA Economics through CUET PG 2024
The eligibility criteria can vary from one institute to another. We’ve posted a blog with details about eligibility, but it’s important to regularly visit the official website of the institute you’re interested in. This way, you’ll always have the most up-to-date and accurate information about the requirements for admission.
No. of Seats in Colleges under CUET PG 2024
The number of seats available for the MA Economics program may vary from one university to another, and it is subject to change each academic year. To get the most accurate and up-to-date information regarding the number of seats available for the MA Economics program through CUET PG 2024, it is strongly recommended that candidates visit the official website of the university or universities they are interested in applying to. The official websites of the universities will provide the latest information on seat availability related to the MA Economics program.
Fees for Colleges under CUET PG 2024
Please be aware that the fees for the program may differ from one institute to another. To get the exact fee details for your chosen institute, it’s advisable to visit the official website of that institute. This will ensure you have the most accurate and current information about the fees.
Economics (COQP10) Syllabus for CUET PG 2024
Demand, Utility, Indifference Curve, Revealed Preference Theory, Consumer Surplus. Production Theory: Production Function, Law of Variable Proportions, Returns to Scale, Cost Function.
Price and Output Determination in Markets:
Perfect and Imperfect Competition, Monopoly, Price Discrimination, Monopolistic, Duopoly, and Oligopoly models, General Equilibrium, Efficiency, and Welfare.
National Income Accounting. Income and Output Determination: Aggregate Demand and Aggregate Supply, Effective Demand Principle, Classical and Keynesian Theory.
Money and Inflation:
Demand and Supply of Money, Money Multiplier, Credit Creation, Role of Reserve Bank of India, Quantitative Theories of Money, Philip’s Curve, Monetary and Fiscal Policy of India.
Consumption and Investment Function:
Permanent, Relative, and Life Cycle Hypothesis, Multiplier and Accelerator.
Open Economy Models:
Mundell and Fleming Model, Balance of Payments, Exchange Rate Determination, Purchasing Power Parity.
Harrod-Domar Model, Solow Model.
Statistical Methods in Economics:
Mean, Mode, Median, Dispersion, Skewness, Quartile Deviation, Average Deviation, Standard Deviation. Correlation.
Mathematical Methods in Economics:
Sets and Vectors. Functions of one and several real variables, Single and Multi-variable optimization, Integration of functions.
Difference equations, Determinants, Matrix. Linear Programming, Probability, Differential Equations.
Overview of Colonial Economy: Macro Trends, Agriculture, Railways, and Industry, Economy and State in the Imperial Context.
New Economic Policy.
Public Economics: Public and Private Goods, Externalities, Budget, Deficits, Public Debt, Fiscal Federalism in India, Taxation.
International Trade Theories: Adam Smith, Ricardo, Heckscher-Ohlin model, and New Trade Theories.
A more detailed syllabus has been included in our Blogs.
CUET PG Entrance Exam Paper Pattern
The CUET 2024 paper pattern is as follows:
There will be one Question Paper with a total of 100 questions. All questions are compulsory. The Question Paper will consist of two Parts: Part A and Part B. Part A will contain 25 questions covering Language Comprehension/Verbal Ability, General Awareness, Mathematical/Quantitative Ability, and Analytical Skills. Part B will consist of 75 questions based on Subject-Specific Knowledge.
CUET PG Entrance Exam Marking Scheme
Each question is worth 4 marks. If you answer a question correctly, you’ll get 4 marks. However, for each incorrect answer, 1 mark will be deducted. If you leave a question unanswered, you won’t receive any marks.
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