IIT GATE Economics Course 2025
MA Economics Entrance Preparation
Join 1,000+ EDUSURE Students Who Excelled in IIT GATE Economics!
IIT GATE Economics Course Description
EduSure’s IIT GATE Economics Course is meticulously crafted to facilitate your admission into esteemed institutions such as the IITs, Ashoka University, SNU, ISI, and CUET-PG Economics-affiliated colleges, including DSE, IGIDR, JNU, Hyderabad, GIPE, DTU, and other MA Economics programs with separate entrance exams like IIFT, MSE, and SAU.
EduSure students have consistently secured top ranks, achieving Rank 1 in GATE, IIT JAM, DSE, JNU, IGIDR, MSE, and various other institutions over several years.
Over the past three years, EduSure has maintained excellent results. The average salary packages from these institutions are impressive: IIT graduates earn 16 LPA+, ISI graduates 18 LPA+, DSE graduates 15 LPA+, IGIDR graduates 13 LPA+, IIFT graduates 11 LPA+, and MSE graduates 11 LPA+.
EduSure’s IIT GATE Economics program offers thorough preparation for all institutes providing the MA Economics program in India.
Click here to read all about IIT GATE Economics Entrance to know more details. Want to get access to IIT GATE Economics Past Papers and Answer keys?
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If you’re targeting CUET PG Economics and similar exams, our CUET Plus Course is the ideal choice for you!
IIT GATE Economics Course Details Video
IIT GATE Economics Features
Course Features
- Microeconomics, Mathematics, and Statistics lectures by Samkith Sir (ISI MSQE).
- Macroeconomics lectures by Mahima Ma'am (DSE, SRCC).
- Specialized content on the Indian economy curated by EduSure.
- Weekly general knowledge quizzes and resources from EduSure.
- User-friendly EduSure student portal for easy navigation.
- Access to complete class recordings via EduSure.
- Topic-specific question categorization for focused practice.
- Previous Year Question (PYQ) solutions sorted by topic and year for ISI, DSE, IIT, CUET, IIFT, SAU, UOH, and more.
- PDF notes available for all subjects.
- Weekly tests after each topic to gauge understanding.
- Additional practice questions for all topics.
- 10 IIT mock tests and 5 ISI mock tests, Ashoka, and SNU mock test
- 10 CUET mock tests, mocks on IIFT, MSE, SAU, APU, and more.
- Live mock tests conducted throughout the year.
- Unlimited doubt resolution support.
- Benefits of being part of 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 Sessions
Access till 30th June of the coming year
Click the button below to view all the MA Economics Colleges and their respective details
IIT GATE 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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MA Eco Course Syllabus
IIT GATE Economics Syllabus for XH-B1 (Reasoning and Comprehension): |
This section assesses candidates’ ability to understand and interpret written information, crucial skills for research in Humanities and Social Sciences. It emphasizes critical reasoning and text analysis rather than language competence, similar to exams like LSAT, GRE, and GMAT. Questions include reading comprehension, expression, analytical reasoning, and logical reasoning. |
XH-C1 |
Economics |
C1.1 Microeconomics: |
Theory of Consumer Behaviour: Cardinal Approach and Ordinal Approach; Consumer Preferences; Nature of the utility function; Marshallian and Hicksian demand functions; Duality Theorem. Slutsky equation and Comparative Statics. Homogeneous and Homothetic Utility Functions; Euler’s Theorem. The Theory of Revealed Preference: Weak Axiom of Revealed Preference and Strong Axiom of Revealed Preference, Theory of Production and Costs: Short-run and Long-run Analysis, Existence, Uniqueness and Stability of Market Equilibrium: Walrasian and Marshallian Stability Analysis. The Cobweb Model, Decision making under uncertainty and risk. Asymmetric Information: Adverse Selection and Moral Hazard. Theory of Agency costs. The Theory of Search, Non-Cooperative games: Constant sum game, Mixed Strategy & Pure Strategy, Bayesian Nash Equilibrium, SPNE, Perfect Bayesian Equilibria., Theory of Firm: Market Structures Competitive and Non-competitive equilibria and their efficiency properties. Structure-Conduct-Performance Paradigm, Factor Pricing: Marginal productivity Theory of Distribution in Perfectly Competitive markets; Theory of Employment in Imperfectly Competitive Markets – Monopolistic Exploitation, General Equilibrium Analysis. Welfare Economics: Fundamental Theorems, Social Welfare Function. Efficiency Criteria: Pareto-Optimality |
C1.2 Macroeconomics |
National Income Accounting: Closed Economy Concepts and Measurement and Open Economy Issues, Determination of output and employment: Classical & Keynesian Framework, Theories of Consumption: Absolute Income Hypothesis, Relative Income Hypothesis, Life Cycle Hypothesis, Permanent Income Hypothesis and Robert Hall’s Random Walk Model; Investment Function Specifications – Dale Jorgenson’s Neoclassical Theory of Capital Accumulation and Tobin’s, Keynesian Stabilization Policies, (Autonomous) Multipliers and Investment Accelerator, Demand and Supply of Money, Components of Money Supply, Liquidity Preference and Liquidity Trap, Money Multiplier, Interest Rate determination, Central Banking, Objectives, Instruments (Direct and Indirect) of Monetary Policy, Prudential Regulation, Quantitative Easing (Unconventional Monetary Policy), Commercial Banking, Non-Banking Financial Institutions, Capital Market and its Regulation, Theories of Inflation and Expectations Augmented Phillips Curve, Real Business Cycles, Adaptive Expectations Hypothesis, Rational Expectation Hypothesis and its critique. Closed Economy IS-LM Model and Mundell Fleming Model: Monetary and Fiscal Policy Efficacy. The Impossible Trinity. |
C1.3 Statistics, Econometrics and Mathematical Economics: |
Probability Theory: Concepts of probability, Probability Distributions [Discrete and Continuous), Central Limit Theorem, Index Numbers and Construction of Price Indices, Sampling Methods & Sampling Distribution, Statistical Inferences, Hypothesis Testing, Linear Regression Models and the Gauss Markov Theorem, Heteroscedasticity, Multicollinearity and Autocorrelation, Spurious regressions and Unit roots, Simultaneous Equation Models – recursive and non-recursive. Identification Problem, Differential Calculus and its Applications, Linear Algebra – Matrices, Applications of Cramer’s Rule, Static Optimization Problems and Applications, Input-Output Model, Linear Programming, Difference equations and Differential equations with applications |
C1.4 International Economics: |
Theories of International Trade, International Trade under Imperfect Competition, Gains from Trade, Terms of Trade, Trade Multiplier, Tariff and Non-Tariff barriers to trade; Dumping and Anti-Dumping Policies, GATT, WTO and Regional Trade Blocks; Trade Policy Issues, Balance of Payments: Composition, Equilibrium and Disequilibrium and Adjustment Mechanisms, Foreign Exchange Market and Arbitrage, Exchange rate determination, IMF & World Bank. |
C1.5 Public Economics: |
Market Failure and Remedial Measures: Asymmetric Information, Public Goods, Externality, Regulation of Market – Collusion and Consumers’ Welfare, Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and non-Progressive Taxation, Incidence and Effects of Taxation, Public expenditure, Public Debt and its management, Public Budget and Budget Multiplier, Tax Incidence, Fiscal Policy and its implications, Environment as a Public Good, Market Failure and Coase Theorem, Cost-Benefit Analysis. |
C1.6 Development Economics: |
Theories of Economic Development: Adam Smith, David Ricardo, Karl Marx, J. Schumpeter, W. Rostow, Balanced & Unbalanced Growth, Big Push Approach, Indicators of Economic Development: HDI, SDGs, MDGs, Poverty and Inequalities – Concepts and Measurement Issues, Social Sector Development: Health, Education, Gender, Fertility, Morbidity, Mortality, Migration, Child Labor, Age Structure, Demographic Dividend, Models of Economic Growth: Harrod-Domar, Solow, Ramsey, Technical progress – Disembodied & Embodied, Endogenous Growth Models. |
C1.7 Indian Economy: |
Economic Growth in India: Pattern and Structure, Agriculture, Industry & Services Sector: Pattern & Structure of Growth, Major Challenges, Policy Responses, Rural & Urban Development – Issues, Challenges & Policy Responses, Flow of Foreign Capital, Trade Policies, Infrastructure Development: Physical and Social; Public-Private Partnerships, Reforms in Land, Labour and Capital Markets, Poverty, Inequality & Unemployment, Functioning of Monetary Policy in India, Fiscal Policy in the Indian context: Structure of Receipts and Expenditure, Tax reforms- Goods and Services Tax, Issues of Growth and Equity, Fiscal Federalism, Centre-State Financial Relations and Finance Commissions of India; Sustainability of Deficits and Debt, The Fiscal Responsibility and Budget Management Act 2003, Demonetization and aftermath. India’s balance of payments, Composition of India’s Trade, Competitiveness of India’s exports, India’s exchange rate policy. |
Class Timings
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Career After MA Economics
EduSure School is deeply committed to its mission and strongly advocates for students to pursue an M.A. in Economics due to its promising prospects.
Upon earning a Master's in Economics, graduates have the potential to:
- Land a corporate position with a highly competitive average salary.
- Join esteemed organizations such as the Planning Commission of India, World Bank, UN, or other global institutions.
- Engage in impactful research addressing issues in health, education, and other critical areas.
- Start teaching at the undergraduate level, with an initial salary of Rs 50,000 per month at DU.
A Master's in Economics provides a wealth of opportunities for students. It is regarded as one of the top career choices today, especially when compared to fields like CA/CS or engineering, where average salaries are often lower due to the high volume of students pursuing these disciplines.
Support & Assistance
Regular updates from the university provided consistently. |
Discussion groups on WhatsApp and Telegram with peers. |
Extra classes offered prior to entrance exams. |
24*7 support available via Email and WhatsApp. |
Terms & Conditions
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Job Opportunities
after Masters in Economics
Consultancy Roles
Data Science and Analysis
Finance and Banking
Policy Analysis
Academia
Research Positions
International Organizations
IIT GATE Past Results
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