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APPSC Paper I · Study notes

Indian economy notes for APPSC Paper I

131 notes in 21 chapters. Open a chapter, or go straight to a note.

6.1.1 Basic concepts 4

6.1.1.1Micro and macroeconomics; capitalist, socialist and mixed economiesRead here
6.1.1.2Sectors of the economy: primary, secondary and tertiary; organised and unorganisedRead here
6.1.1.3Goods, capital and the circular flow: final and intermediate goods, stocks and flows, leakages and injectionsRead here
6.1.1.4Keynesian income determination: consumption function, multiplier and the paradox of thriftRead here

6.1.2 National income 6

6.1.3 Growth and development 4

6.1.4 Planning and NITI Aayog 7

6.1.5 Economic reforms since 1991 4

6.2.1 Money and monetary policy 6

6.2.2 Banking and financial inclusion 9

6.2.3 Inflation and price indices 5

6.2.4 Financial markets 5

6.3.1 Public finance 11

6.4.1 External sector 11

6.5.1 Agriculture and rural economy 11

6.5.2 Industry 8

6.5.3 Infrastructure and services 7

6.5.4 Poverty and inequality 6

6.5.5 Employment and unemployment 3

6.5.6 Human development and demography 4

6.5.7 Inclusive growth and welfare schemes 3

6.3.2 Union Budget and Economic Survey 6

1.1 Microeconomics: demand, production, markets and factor pricing 6

1.1.1Demand: law of demand, determinants, utility and consumer equilibriumRead here
1.1.2Elasticity of demand and supply: price, income and cross elasticity and their measurementRead here
1.1.3Production: factors, law of variable proportions and returns to scaleRead here
1.1.4Costs and revenue: short-run and long-run cost curves, average and marginal revenueRead here
1.1.5Market structures and price determination: perfect competition, monopoly, monopolistic competition and oligopolyRead here
1.1.6Factor pricing: rent, wages, theories of interest and profitRead here

2.1 International economics: trade, institutions and growth 5

All APPSC Paper I notes · APPSC Paper I syllabus

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