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Rajasthan Public Service Commission, Ajmer

RAJASTHAN STATE AND SUBORDINATE SERVICES


COMBINED COMPETITIVE EXAMINATION

SYLLABI OF THE PAPER/SUBJECTS PRESCRIBED FOR


THE MAIN EXAMINATION

OPTIONAL SUBJECT

ECONOMICS PAPER-I (Code No. 12)

I. Functions of an economic system. Problems of choice and


allocation. Role of the Price System. Micro and Macro economic
analyses.
II. Theory of consumer behaviour: Indifference Curve Approach.
Consumer surplus. Elasticity : Definition, Measurement and kinds.
III. Theory of Production : Production Function and technological
progress. Laws of Returns and Returns to scale. Cost curves. Isocost
and Isoquants.
IV. Price Theory : Pricing under perfect competition, Monopoly,
Monopolistic Competition and oligopoly. Theory of Factor Pricing
Factorial distributin of Income and Lorenz curve.
V. Theory of Money and Banking : Theories of the Demand for Money
(upto Milton Firedman). High Powered Theory of Money Supply.
Factors affecting Money Supply. Inflation : Cost Push and Demand,
Pull control. Stagflation. Philips curve. Monetary Policy in the light
of Chakravarty Committee Recommendations. Balance of
Payments.
VI. National Income : Concepts. Components and Measurements.
National Income and Welfare. Models of determination of Income
and Employment (Classical and Keynesian).
VII. Theory of Public Finance : Theory of maximum social advantage.
Taxation (Principles and Types) and effects. Incidence and shifting.
Fiscal Policy (objectives and Instruments). Deficit financing.
VIII. Theory of Economic Planning : Indicators of development.
Obstacles to development. Saving and investment, Human Resource
Development. Planning. (Meaning, objectives, types and
instruments). Impact of liberalization on an economy.

ECONOMICS PAPER-II (Code No. 12)

NATIONAL
I. Basic Characteristics of Indian Economy. Natural Resources : Land,
Minerals, Water, Forests and Power resource.
Population : Size & growth, Labour, force. Occupational
distribution and Population policy.
II. Agriculture : Productivity Trends of Major crops (for last fifteen
years). Land Reforms Legislation.
Irrigation and Irrigational Policy. Use of Fertilizers and Fertiliser
Policy Institutional credit for Agriculture. New strategy of
Agricultural development. Agricultural Policy in India. Capital
Formation in Indian Agriculture
III. Industry : Industrial Planning and Industrial Policy. Recent
Industries Policy. Industrial Finance : IFCI, RFC, IDBI, SIDBI and
Commercial Banks. Public and Private Sector. Problems of Trade
Union Movement. Social Security Programmes. Agro Exports :
Potential & Prospectus.
IV. National Income of India : Its recent Trends.
V. Priorities and Strategy of current plan and its appraisal.
VI. Centre - State Financial Relations and Recommendations of the last
Finance Commission.
VII. Problems of Poverty, Unemployment, Inflation and Regional
Inequalities. NEP Reforms. GATT Accord, Globalisation and
Strategies for MNCs.
VIII. Position of Rajasthan in Indian Economy : Agriculture, Industry and
Infra-structure. Population : Size & Growth, Rural & Urban, Human
Resource Development (Literacy, health & nutrition). Natural
Resources : Land Water, Livestock, Minerals and mineral policy.

RAJASTHAN
IX. Agriculture : Land Utilisation. Major crops and productivity trends.
Land Reforms. Dairy Development Programmes. Importance of
livestock and problems of Sheep & Goat Husbandry.
X. Industry : Important Industries in the State and their development.
Small Scale Industries & Handicrafts. Growth Centres and
development of Industrial area. Fiscal & Financial incentive for
industry. New Industrial and Mining Policy. Tourism Development
in Rajasthan : Role problems and Prospectus.
XI. Special Area Programmes : DPAP, DDP, TAD, ADP, IRDP and
Special component plan for SC and ST.
XII. Indira Gandhi Canal.
XIII. Planning : Objectives, achievements and Constraints in Economic
Development. Objectives & Strategy of current Plan.
XIV. Budgetary policy and Trends during the 1990s in Rajasthan,
Finance Commission and Rajasthan.
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