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UPSC / IAS Preparation:
Economics Optional
Posted on June 26, 2014 by THESUPERMANRETURNS 47 Comments
Has Optional Weight Gone Down in CSE 2013?
Even though on paper, UPSC has reduced the weightage of optional to half and doubled GS, by its marking
pattern the effective weightage of optional has become more than GS! This is because in GS people have been
awarded very low marks. So even if someone has done exceptionally well in GS, it is likely that his/her difference
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from others will still be less. On the other hand people have been awarded higher marks in optional, so that if
someone has done exceptionally well in optional, he/she will score a lot of marks more than others. UPSC is a
relative exam, only difference of marks matters. So importance of optional in CSE 2013 is more than GS for sure!
This year I have scored 296 / 500 in Economics (last year I scored 280 / 600). It wont be unfair to say it was
economics that made me an IAS this year.
Choosing an Optional
People often have many criteria to choose the optional.. some of them are
Scoring optional: People think some optionals are more scoring than others.. Dont know what to say on this.
Every year UPSC changes the optionals it favors / punishes, so u never know whether the scoring optional u
took may end up in the butchering list of UPSC next year..
Overlap with GS: Pubad le lo, GS ki bhi taiyyari ho jaayegi Nothing could be more dangerous than this
attitude.. coz if we dont like pubad, and still take it, then we anyways wont be able to study it well enough and
not only will we screw the pubad portion of GS but also additional 500 marks optional. We only amplify our
weakness by this attitude.
I believe an optional must be chosen out of our strength. When I took economics, many people advised me
against it saying economics is technical, not scoring etc. etc. But I knew economics was my strength doesnt
matter if no one has scored 400/600 in economics so far, I know I would score it (as per the older marking
scheme). When UPSC is giving us 500 marks to play by our strength, why should we pick anything else? These
are our marks and let us score the maximum out of it. And ofcourse, such a strength can only develop when we
have deep interest and luv for the subject.
Optional preparation requires a great deal of in depth study as well as wide coverage. One has to write like a
historian to take history optional, one has to write like an economist to score well in economics. This is only
possible when the subject is our strength.
I have no Economics degree. Should I take Economics as Optional?
That depends on your reason. If you want to take Economics optional only because the topper this year had it
(and so it has become scoring), pls dont.
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If, on the other hand, you want to take it because u have been exposed to it briefly and found it very interesting
and could understand it, then you can explore more. Even if you have no prior exposure, but think you will like it
once exposed, you can explore more.
The only way to decide whether to take it or not is to study it for a week or two. Take any topic from the syllabus,
say macro. Read the books i am mentioning below (or any other standard textbooks). If you are understanding
what you are reading and can read it for long hours and still feel good, economics is your subject. Dont worry if
you cant attempt previous years questions at this stage. That will come later. Only your understanding and keen
interest should suffice at this stage.
So How to Prepare Economics Optional?
Stages of Preparation
There are multiple stages of preparation in a subject like Economics.
Stage 1: In this stage, we just focus on understanding what we are reading. While reading, we must
understand the concept fully. We will forget the thing 2 days after we have read it, dont worry. We will not even
understand half the questions which have been asked in previous years, dont worry. We dont even have a clue
of how to write answers in the exam, dont worry. Just ensure you understand what you are reading and finish the
syllabus.
Stage 2: This begins after the syllabus has been finished once. In the second time, we again focus on
understanding what we are reading. This time we would find, it takes less time to understand all the stuff and
most of it seems familiar once we read. Our retention would increase at this stage. Read, re-read, revise the
syllabus 2-3 times, ensure that we can recall without any aid what was said in a given topic / theorem and can
reproduce it on paper. At the end of this stage, we would still not be able to even understand half the questions in
the paper.
Stage 3: Many questions in the eco question paper are not direct i.e. they ll not ask write abt XX theorem.
These questions are indirect and we wont even know which theorem / model to apply! The aim of this stage is to
identify which model to apply. This can only come if we sit down with previous years question papers and think
and think and discuss with others on what model to apply for a particular question. Group study helps, there is a
nice google group econprepforias created by Amit Sahu, where fellow aspirants discuss and some seniors
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guide. Requesting Amit Sahu to tell ppl how to join that group. In this stage, we revise our syllabus again.. by
now we have internalised all the stuff, we can not only reproduce the entire model / theorem on paper but also
understand when and where to apply them. We will be able to answer most (90-95%) of the questions in
previous years question papers now.
Method of Studying
In economics, diagrams are of utmost importance. UPSC economics is completely non mathematical and
totally diagramatical. So while reading any model / theorem, we should simultaneously practise its diagram on
paper / computer.
Assumptions are very important while writing answers. We should clearly state all the assumptions in our
answers and so we should systematically remember all the assumptions in any theorem / model.
Stats: In eco 2, stats are very important. If we supplement our answers with stats, nothing like it. Not all stats
need to be remembered, only important ones. I am mentioning the important stats to be remembered in the book
list section.
Book List / Sources for Syllabus
Paper I
1. Advanced Micro Economics:
(a) Marshallian and Walrasiam Approaches to Price determination.
(b) Alternative Distribution Theories: Ricardo, Kaldor, Kaleeki
(c) Markets Structure: Monopolistic Competition, Duopoly, Oligopoly.
(d) Modern Welfare Criteria: Pareto Hicks & Scitovsky, Arrows
Impossibility Theorem, A.K. Sens Social Welfare Function.
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These topics have to be studied from HL Ahuja Advanced Microeconomics. Find the relevant chapters to study
from this thick book. In addition, questions are asked on Rent, quasi rent and Product Exhaustion Problem, so
study the relevant chapters also. HL Ahuja is UPSC exam standard book for micro. Sens swf and proof of Arrow
can be studied from my notes. I took Sens swf from one of his book and proof of Arrow from one of Sens paper.
Proof of Arrow given in HL Ahuja and taught by most coachings is wrong, it is simply a proof of Concordets
paradox, not Arrow. Just imagine, had the proof of Arrow been so elementary, would he have got the Nobel prize
for it?
2. Advanced Macro Economics: Approaches to Employment Income and
Interest Rate determination: Classical, Keynes (IS-LM) curve, Neo classical
synthesis and New classical, Theories of Interest Rate determination and
Interest Rate Structure.
These topics should be first studied from HL Ahujas Macroeconomics book. This book is below UPSC exam
standard, but reading this is essential to understand higher concepts. The UPSC level book is Brian Snowdon
and Howard R Vane Modern Macroeconomics. Only first 5 chapters need to be studied from this book.
3. Money Banking and Finance:
(a) Demand for and Supply of Money: Money Multiplier Quantity Theory of
Money (Fisher, Pique and Friedman) and Keynes Theory on Demand for
Money, Goals and Instruments of Monetary Management in Closed and
Open Economies. Relation between the Central Bank and the Treasury.
Proposal for ceiling on growth rate of money.
This can be studied from HL Ahujas Macroeconomics and Snowdons Modern Macroeconomics (Ch 2, 3). Also,
although UPSC doesnt mention post keynesian Baumols and Inventory theory of money demand in syllabus, it
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asks questions on these. So read them from HL Ahuja. There are some topics for which material may be scarce,
read them from my notes.
(b) Public Finance and its Role in Market Economy: In stabilization of
supply, allocation of resources and in distribution and development.
Sources of Govt. revenue, forms of Taxes and Subsidies, their incidence and
effects. Limits to taxation, loans, crowding-out effects and limits to
borrowings. Public Expenditure and its effects.
I studied from Musgrave and Musgrave, selected chapters. People also mention HL Bhatia a lot. I was satisfied
with my preparation until I saw the public finance questions this year. I couldnt even understand the questions. I
dont know where else to study public finance from.
4. International Economics:
(a) Old and New Theories of International Trade
(i) Comparative Advantage
(ii) Terms of Trade and Offer Curve.
(iii) Product Cycle and Strategic Trade Theories.
(iv) Trade as an engine of growth and theories of under development in an
open economy.
(b) Forms of Protection: Tariff and quota.
(c) Balance of Payments Adjustments: Alternative Approaches.
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(i) Price versus income, income adjustments under fixed exchange rates,
(ii) Theories of Policy Mix
(iii) Exchange rate adjustments under capital mobility
(iv) Floating Rates and their Implicationns for Developing Countries:
Currency Boards.
(v) Trade Policy and Developing Countries.
(vi) BOP, adjustments and Policy Coordination in open economy macro-
model.
(vii) Speculative attacks
(viii) Trade Blocks and Monetary Unions.
(ix) WTO: TRIMS, TRIPS, Domestic Measures, Different Rounds of WTO
talks.
There is only one book on International Economics and it is by Dominick Salvatore. Diagrams are the key in
IntEco.
5. Growth and Development:
(a) Theories of growth:
(i) Harrods model,
(ii) Lewis model of development with surplus labour
(iii) Balanced and Unbalanced growth,
These topics are covered well in A P Thirwalls book. Todaro may also be referred for some topics.
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(iv) Human Capital and Economic Growth.
(v) Research and Development and Economic Growth
These are dicey topics and cover many models. I studied them from a paper by John Bluedorn The human
capital augmented solow model and a book Introduction to Economic Growth by Charles I. Jones (given to me
by Amit Sahu).
(b) Process of Economic Development of Less developed countries: Myrdal
and Kuzments on economic development and structural change: Role of
Agriculture in Economic Development of less developed countries.
Myrdal and Kuznets can be studied from AP Thirwall. Not all aspects of Myrdal are covered in Thirwall, I had one
pdf I found after googling on Myrdal which covered aspects like how less developed economies have backwash
effects strong and how developed democracies have stronger spread effects, I dont seem to have the pdf now.
(c) Economic development and International Trade and Investment, Role of
Multinationals.
(d) Planning and Economic Development: changing role of Markets and
Planning, Private- Public Partnership
(e) Welfare indicators and measures of growth Human Development
Indices. The basic needs approach.
(f) Development and Environmental Sustainability Renewable and Non
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Renewable Resources, Environmental Degradation, Intergenerational
equity development.
These are general topics and havent found a single source for them so far. Very little preparation.
Paper II
1. Indian Economy in Pre-Independence Era: Land System and its changes,
Commercialization of agriculture, Drain theory, Laissez faire theory and
critique. Manufacture and Transport: Jute, Cotton, Railways, Money and
Credit.
These I studied mainly from my hitory optional preparation for cse 2012. You can see some in my notes.
2. Indian Economy after Independence:
A The Pre Liberalization Era:
(i) Contribution of Vakil, Gadgil and V.K.R.V. Rao.
Till date I have not found a single decent source to prepare this. I have never been able to prepare this. If
someone has a good source, pls let me know, I ll update here.
(ii) Agriculture: Land Reforms and land tenure system, Green Revolution
and capital formation in agriculture,
(iii) Industry Trends in composition and growth, Role of public and private
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sector, Small scale and cottage industries.
(iv) National and Per capita income: patterns, trends, aggregate and
Sectoral composition and changes their in.
(v) Broad factors determining National Income and distribution, Measures
of poverty, Trends in poverty and inequality.
Uma Kapilla is a very good source for these topics. One should also focus on economic stats. Can also see my
notes. Stats on efficacy of land reforms need to be remembered (see my notes), stats on economic growth rate,
growth rates of agriculture, industry, manufacturing, capital goods, services, per capita income need to be
remembered for 3 periods 1950s to 1965, 1965 to 1980, 1980 to 1990.
B The Post Liberalization Era:
(i) New Economic Reform and Agriculture: Agriculture and WTO, Food
processing, Subsidies, Agricultural prices and public distribution system,
Impact of public expenditure on agricultural growth.
(ii) New Economic Policy and Industry: Strategy of industrialization,
Privatization, Disinvestments, Role of foreign direct investment and
multinationals.
(iii) New Economic Policy and Trade: Intellectual property rights:
Implications of TRIPS, TRIMS, GATS and new EXIM policy.
(iv) New Exchange Rate Regime: Partial and full convertibility, Capital
account convertibility.
(v) New Economic Policy and Public Finance: Fiscal Responsibility Act,
Twelfth Finance Commission and Fiscal Federalism and Fiscal
Consolidation.
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(vi) New Economic Policy and Monetary system. Role of RBI under the new
regime.
(vii) Planning: From central Planning to indicative planning, Relation
between planning and markets for growth and decentralized planning:
73rd and 74th Constitutional amendments.
(viii) New Economic Policy and Employment: Employment and poverty,
Rural wages, Employment Generation, Poverty alleviation schemes, New
Rural, Employment Guarantee Scheme.
No single source. EPW helps. One also has to study a lot of research papers by eminent economists working in
India. I studied a lot of them n put the gist in my notes. So can see my notes. Stats on poverty, unemployment
(recent ones as well as from 1993-94) need to be remembered. See notes.
Answer Writing in Economics
Neeraj Singh (AIR 11, CSE 2011) told us the following things about answer writing. I am sorry I am reproducing
his email without his permission but I hope he wont mind. I dont think I can put it in better words than him
For paper 1
1. Make maximum use of graphs I think a picture is worth thousand words is much more than just an adage.
Graphs are extremely helpful in writing precise answers in Econ. When you look at a question in paper 1 the first
question you should be asking yourself is What graph(s) would best answer this question? Try to think of ways
in which you can answer the question through graphs. The benefit of using graphs is that once you make a
graph, the writing part becomes very easy as it is only an explanation of the graph. It might not be possible to put
graphs in every question but do give your best shot at explaining things through graphs.
2. Precision matters We would agree that Econ is quite technical a subject with it own vocabulary. Being an
economist you cannot hence afford to use words loosely. For example, if we are using the term depreciation we
must mean depreciation and not devaluation. The answer that you write should reflect your absolute clarity
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over technical economic terms. Where it is possible to use a technical word go ahead and use it instead of
explaining it in laymans terms provided that you know that it is the precise technical term to be used in that
place. I am sure all of us on the group are already good at this but just felt like pointing it out explicitly.
Precision is equally important in graphs as well. One simply cannot afford to draw graphs that look rough in the
exam. If you are drawing isoprofit curves, for example, for firm A marked on X axis you have to ensure that the
higher isoprofit curves are such that the maxima is always to the left of the lower one and the reaction curve
passes through all these maxima. If you happen to draw the curves in such a way that the reaction curve does
not pass through all maximas then you are drawing an imprecise graph. I believe ones basic understanding of
microeconomics is tested in the precision of these graphs. If the graphs are not precise it leaves a bad
impression about your basic understanding. Agreed that it is near impossible to draw graphs as good as the
computer generated ones but at least we can practice enough to ensure that we do not violate any principle of
mircoeconomics while drawing our graphs. I personally had devoted a lot of time and effort before the exam in
getting my graphs right. It so happened that on the day of my Econ paper I had forgotten to take an eraser with
me (it isnt a nice feeling when you get to know that in the exam hall) but I had all my graphs so well etched in my
mind that I didnt need to use an eraser in my paper.
3. Cut the chase and get to the point Your first sentence of the answer should itself reflect that you have a
command over the topic. Even if you know the topic and you dont get down to the job right from the first
sentence it gives an impression that you are trying to fool your way around. So at least for Econ paper 1 get
straight down to the core of the answer. You need not explain whats the background or history the examiner
isnt really looking for that.
4. Avoid math Yes, for UPSC at least. The less equations you put the better. If at any place there is a way to
show something through a graph and the same thing through a mathematical proof, go for the graph.
5. Be logical Economics is as close to decuctive logic as any social science can get. Most answers in paper 1
are based on deductive logic. Make sure you get the premises right and place arguments in such a way that the
conclusion flows.
6. Choose questions wisely At times there may be some questions from the similar topics. Like for HO there
maybe two questions of 20 marks, one in question 3 and one in question 5. As far as possible attempt either
question 3 or 5, not both. But if you have no other choice attempt them anyways but be strategic there. Suppose
question 3 is about criticisms of HOS model and question 5 is about Leontief Paradox then you have to make
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sure that you dont get carried away writing a lot about Leontief Paradox in question 3 because anyways you
have to answer that in detail in question 5. You cannot write similar things in two answers and expect the
examiner to give you marks for both.
7. Cut the et cetera This is a small point but I say this because I see people all too often using the
indeterminate et cetera (yours truly being guilty himself). In Econ, you have to show your precise knowledge and
understanding of the topic asked. Using et cetera simply gives an impression that you are trying to cover for
things you do not know. So if there are multiple things and you want to mention only few of them state upfront
that the ones you are stating are in your opinion to more relevant ones for this particular answer.
For paper 2
1. Have a narrative In my opinion, this is the most important thing in both Econ paper 2 and Pub Ad answer
writing. Paper 2 is where you have the luxury to present your own opinions. Your opinions, should hence look like
they are firmly grounded in facts. For that you need to build a narrative into your answer. By narrative I mean it
should be a piece standing all by itself. It shouldnt be on crutches. If shouldnt read like an excerpt from a
chapter. It shouldnt read like a part incomplete without the whole. It should read like a whole in itself. A precise,
clinical dissection of the issue in hand and inferences drawn from the dissection aided by facts that is what a
good answer is according to me.
2. Use data wherever possible It is good to use data if you remember. If you dont, do not attempt the questions
that require you to. I, for one, am bad at remembering data. So I let the data heavy questions in paper 2 pass.
3. Use examples liberally Use them to support your arguments. Use innovative examples, not the routine ones.
Keep your ears and eyes open for such examples when you are reading newspaper. Look around you, see what
is happening in your state or district. You could quote examples from your state which will make your answer
different.
4. Never take a radical stand on any issue unless you have strong data and facts behind you.
5. Use a style that befits the question You will have to decide then and there whether the question best lends
itself to a paragraph format, point format or tabular format. Do not go with preconceived notions about one style
being better than the other.
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47 thoughts on UPSC / IAS Preparation: Economics Optional
Finally, practice writing answers a lot and set absolutely high standards for yourself. When you have written a
piece you cannot let yourself be content if your dont think it is your absolute best. Re-write, re-write thats the
only key.
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UPSC GS Mains: How to
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RAJESH says:
June 26, 2014 at 1:41 am
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14 of 26 7/3/2014 4:31 PM
Hi Gaurav.. I have 2 questions, can you please answer them.. As you never did any coaching for
Eco and neither did you study it in your Grad(MBA courses donot cover so much Hard Core
Economics)
1)How did you find economics while preparing, is it too tough for one to grasp these concepts if we go by the
books you have mentioned in your blog?(I am a pgdm myself so asking this).
2)How did you gauge your preparation vis--vis others.. i mean there is hardly any good economics coaching let
alone Test Series.. how did you know how to write balanced answers, please share this as well
Thanks
Rajesh
Reply
MOHIT says:
June 26, 2014 at 1:42 am
any insight Gaurav ji how to deal with paper 2 of commerce. It deals with Organisational Theory,
Organisational Behaviour, HRM, Industrial Relations. I am a chartered accountant and paper 1 is
all practical. But ppr 2 is new and purely theoretical. Seek your advice how to handle this.
Reply
RAHUL says:
June 26, 2014 at 1:42 am
Hey Gaurav
Can u go through the pain of writing the same for History optional.
Reply
GOVIND PRASAD says:
June 26, 2014 at 1:57 am
sir, whats your opinion for taking any literature subject as optional, sir before starting preparation
of civil services i am eagerly desirous for taking my background sub MECH ENGG. as my
optional subject, but when m start my preparation then lots of senior who is already qualify and non-qualify civil
services both are prohibited me to take this subject as opt, so sir plz give your opinion.
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Reply
THESUPERMANRETURNS says:
June 26, 2014 at 8:50 am
i ve already given my opinion in the blog yaar
Reply
KRISHAN says:
June 26, 2014 at 2:20 pm
Can u share the strategy of writing for History optional.??
Reply
RAJIVRKP says:
June 26, 2014 at 2:07 am
Sir, it will be great if you could guide us for History Optional as well.
Reply
SIDDY says:
June 26, 2014 at 2:48 am
I second that Please Sir..brief strategy if time is constraint would be immensely
beneficial since u scored well in history in 2012 mains..i believe..
Reply
MANJARI says:
June 26, 2014 at 8:05 am
Hello gauravji.. Kya history optional k liye v isi tarah guide kar sakte hai??? Book list and other
materials and the strategy. . And if possible (not necessary) in hindi medium..
Reply
NISHANT CHOUBISA says:
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June 26, 2014 at 8:13 am
sir kindly give some tips for interview
Reply
MAST says:
June 26, 2014 at 8:57 am
Sir, please guide us for History optional too.
Reply
NITISH says:
June 26, 2014 at 10:39 am
Hi Gaurav,
Thanks for sharing your experience with EconomicsI have few of the books you mention
aboveregarding few topics that you werent able to find anything its true for others also..these topics need to
searched on internet onlyI wonder how did you find A P Thirwall book, it is very very difficult to get this atleast
online..I hvnt searched it in delhi though I finally bought through internet but the price that I have to pay for it is
very high not every student can buy it..I hope UPSC is not going to drop the optionals now otherwise this costly
book will loose its value to zero for me.
Reply
LOVEKESH says:
June 26, 2014 at 10:57 am
HHmm, never heard of snowdowns book in my life. While i was preparing for Delhi School of
Economics entrance, i studied Branson and have read somewhere that even Froyen was
referred by UPSC candidates. Guess, ill take a look at Vanes book you mentioned. Im sure theyre all same
with varying levels of difficulty. Thanks for writing this long post. I wanted to take Statistics as my optional as i
love statistics and already know alot of topics in Paper 1 but uncertainity over scaling/moderation plus almsot nil
support for stat guys put me off. anyways,
Thanks again
Reply
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DEXTER says:
June 26, 2014 at 11:07 am
Hi ,
You have answered most of the questions I had in my mind.
Thanks for that.One more question I have, can you please help me with that.
You had some experience in economics, as most of people who are taking they are mostly from economics
background or they have some experience.
So is it a good idea to take economics because you have a lot of interest and not any experience or knowledge
before starting your preparation ??
Reply
LOVEKESH says:
June 26, 2014 at 12:08 pm
Let me answer this one . In my class of Final Year MA people, we have 8-10 guys
from IIT and they face absolutely no problem in coping with economics, be it
conceptually or mathematically. And our course is quite mathematical. So the point is if you like
economics and when you open your economics text, you only want to go deeper, take it as sign of
your interest and capacity. So, it is possible to study economics and cover it to the level of UPSC
rigor in adequate amt of time ( which is a function of your aptitude and interest). Most of my friends
covered BA(H) syllabus of DU in 2-3 months for their entrance preparation for Delhi School of Eco. ,
just because they like studying economics and can appreciate technical as well as sometimes
abstract ideas in the subject.
Reply
DEXTER says:
June 28, 2014 at 11:22 am
Hi Lovekesh,
Thanks for your reply. I agree with your point of understanding of
economics may not be a problem for students who do not have economics background.
What doubt I have is that can the same student complete syllabus in1 year time bound,
without having any prior knowledge and reach to the same level of competence which is
required to get selected.
Hi Gaurav , can you also put some guidence into this questions ?
Thanks
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Reply
THESUPERMANRETURNS says:
June 28, 2014 at 1:39 pm
Yes, it can be done
Reply
LOVEKESH says:
June 28, 2014 at 4:26 pm
you can check this link as well for some more info about
economics
http://rijubafna.com/2014/06/economics-upsc/
Shes an alumni of Delhi School of Economics and got 77 rank in CSE 2013.
Reply
DEXTER says:
June 28, 2014 at 5:25 pm
Hey Gaurav and lovekesh,
Thanks for your replies , which is very useful for me
right now .
Reply
RACHNA says:
June 26, 2014 at 11:35 am
Hi Gaurav, Congratulations on your success and Kudos to your efforts! If I only I had access to
this information before the exam. I had economics as an optional this year and though (I hope) I
made it to my desired service, I had serious issues with economics preparation because of lack of proper
material (and the fact that I was a didnt spend enough time and effort on it). Never the less, brilliant work man!
Keep inspiring!
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PRASHANTH says:
June 26, 2014 at 1:29 pm
UPSC / IAS Preparation: Economics Optional | Khelo India http://thesupermanreturns.wordpress.com/2014/06/26/eco_optional/
19 of 26 7/3/2014 4:31 PM
Thanks Gaurav ji for this nice article. Was looking for something like this. Also, one more
question. Do you recommend Eco optional for working professional? I am currently preparing
being at onsite and have limited time to prepare. So, want to know your opinion. Thanks in advance.
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PAVNIT says:
June 26, 2014 at 2:04 pm
thanks Gaurav,but i m not finding this ecnopreforias by amit sahu
can u plz tel me this
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DEVIKA says:
June 26, 2014 at 6:00 pm
Thanks a lot. How abt RBC and post keynesian econ, are they important for paper1 macro part?
From where did you do Sens works? I find too many ques from Sens works.
How good are test series from Axiom?
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KSHITIJ says:
June 27, 2014 at 1:38 am
Hi Gaurav,
Thanks for the write up!
One question I know that I am interested in the subject and I have spoken to many a economics teachers. They
suggested me not to take up the subject unless I have spent a few years with the subject and I have had proper
guidance in it. Do you think it holds true? If yes, can you please suggest some good source for guidance?
I have background in Computer Science and I have read CFA Level 1 economics.
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UPSC / IAS Preparation: Economics Optional | Khelo India http://thesupermanreturns.wordpress.com/2014/06/26/eco_optional/
20 of 26 7/3/2014 4:31 PM
THESUPERMANRETURNS says:
June 27, 2014 at 8:28 am
Sab kuch to isi blogpost mein likha hai yaar
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KSHITIJ says:
June 27, 2014 at 10:22 am
I didnt want to irritate you but I was asking for any coaching where I can
get my basics clear
Ya fir aap suggest kar rahe ho ki coaching classes are not important, self study and
econprepforias group should do?
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THESUPERMANRETURNS says:
June 27, 2014 at 4:41 pm
yes kshitis
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KSHITIJ says:
June 27, 2014 at 5:48 pm
Thank you!
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AAHAT says:
June 27, 2014 at 5:04 pm
sir
i will not go for economics as my optional subject..therefore can u please answer me that how
one can know which books to study(as there are many) and how to know which chapters to cover from that
particular book.
PS- asking in reference of management.
UPSC / IAS Preparation: Economics Optional | Khelo India http://thesupermanreturns.wordpress.com/2014/06/26/eco_optional/
21 of 26 7/3/2014 4:31 PM
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THESUPERMANRETURNS says:
June 27, 2014 at 5:48 pm
hi aahat.. tough yaar.. i dont know how to answer this for management better asks
omeone with managment optional
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AAHAT says:
June 28, 2014 at 1:46 pm
thank u sir for the reply.but can you please share how you came to
know which books to refer and which topics to cover in that particular
book.
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SUMEET says:
June 27, 2014 at 6:12 pm
Hi Gaurav,
Can I ask you to please Explain Syllogism with logical Venn diagram without using the Formula
and tricks which other do. As using that might not help in Exam.
Thanks in advance.
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THESUPERMANRETURNS says:
June 27, 2014 at 10:25 pm
srry bhai, kuch samajh mein nahi aaya
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UPSC / IAS Preparation: Economics Optional | Khelo India http://thesupermanreturns.wordpress.com/2014/06/26/eco_optional/
22 of 26 7/3/2014 4:31 PM
SUMEET says:
June 28, 2014 at 12:27 am
Matlab Syllogism kaise solve kiya jaye
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RAM says:
June 28, 2014 at 7:47 pm
Jiske beech relation nahi hai, use mat karo. Sahi answer aa
jaega.
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INNOVATION1988 says:
June 27, 2014 at 7:05 pm
Hi sir,
first of all accept my congratulations .Now i wanted to ask u one thing i.e only if u have read Uma
Kapila (Indian economy after independence ). I found it sound in terms of pin-pointing some key issues and must
say basic or root issues associated with agriculture and industry .,so topping it with recent happenings will suffice
that broad section of paper3 (eco and agri portion) or it will require some greater scrutiny?
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AMIT SAHU says:
June 28, 2014 at 3:27 am
Those who have economics as optional can join this group as mentioned by gaurav sir,i would
request to please introduce oneself to other group members once you join the group.click on this
link to join : https://groups.google.com/forum/#!forum/econsiasprep
Thanks
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CHETAN SHARMA says:
June 28, 2014 at 5:02 am
UPSC / IAS Preparation: Economics Optional | Khelo India http://thesupermanreturns.wordpress.com/2014/06/26/eco_optional/
23 of 26 7/3/2014 4:31 PM
Hi Gaurav!!!
can you provide book list for history optional as well?? it ll be very helpful
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PRIYA says:
June 28, 2014 at 12:44 pm
nice article..basic principles outlined here apply to all the optionals..thanks
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VINAY BARALA says:
June 29, 2014 at 8:34 pm
which subject is good as optional political science or law? fully confused kindly give me your
suggestion and which subject is more scorable and Plz help in this regard and suggest
some good coaching centre. I will b highly thankful!
pls help me gaurav sir !!
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VASANTKUNVARBA PARMAR says:
June 30, 2014 at 9:37 am
hello sir..many many congratulationsir which websites you used for economics
preparation???pls help me sir..and also give me address of useful websites which you used in
your preparation time..thank you
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THESUPERMANRETURNS says:
June 30, 2014 at 10:45 am
there were too many, basically scholarly papers but wotever i found useful i put
down in my notes so u can see my notes n then add wotever else u feel is good.
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RAVI SINGH says:
June 30, 2014 at 11:51 am
sir congratulation for big success. I am humanities student want to appear in prelims next year. I
am hindi medium student but most of study material is available in english only. As news paper
and also study material in new pattern of exam of coaching. No standard newspaper in hindi. Also use of internet
is essential and i dont know the proper use of computer (frankly). So what is the destiny of studentd in hindi
medium like me?
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THESUPERMANRETURNS says:
July 1, 2014 at 7:10 am
Yaar kuch to seekhna hi padega.. Duniya sage badhi Hai tumko bhi aage badhna
padega
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ANTHEENCONTINUANCE says:
June 30, 2014 at 12:25 pm
Dear Sir,
In Economics there are some topics which are not explicitly mentioned in Syllabus but somehow
related to it. For instance, in international economics tariff and quota is mentioned while reading about
protectionist policies we come across other policies as well like export subsidies etc. I face similar situation in
other topics as well. I your view, should we stick to the topic mentioned in syllabus or should we do wide reading.
In case of wide reading how should we decide to what extent we should go?
Thanks
Reply
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25 of 26 7/3/2014 4:31 PM
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THESUPERMANRETURNS says:
July 1, 2014 at 7:10 am
Pls chk my notes
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ESPRITD says:
July 2, 2014 at 1:11 am
gaurav ji ,
it would of great help if you can persuade toppers with anthropology to share their strategy.
please consider my request
_ thanks
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