The UPSC Civil Services Examination (CSE) offers Economics as an optional subject for candidates with a background or interest in the field. Economics Optional Paper-2 is a significant component of the Mains examination, focusing on advanced and specialized topics within the discipline.

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Here’s an overview of UPSC CSE Economics Optional Paper-2:

1). Scope and Syllabus:

  • Economics Optional Paper-2 delves into advanced and specialized areas of economics, including development economics, international economics, public finance, and Indian economy.
  • The syllabus typically includes topics such as theories of economic growth and development, trade theories, balance of payments, fiscal policy, monetary policy, and economic reforms in India.

2). Significance in UPSC CSE Preparation:

  • Economics Optional Paper-2 assesses candidates’ understanding of complex economic theories, policies, and issues at both national and international levels.
  • It evaluates candidates’ ability to analyze economic problems, propose effective policy solutions, and critically evaluate economic development strategies.

3). Preparation Strategy:

  • Understand the Syllabus: Familiarize yourself with the detailed syllabus to identify key topics and areas of focus for preparation.
  • Study Specialized Textbooks: Refer to advanced textbooks recommended for economics to gain in-depth knowledge of specialized topics covered in Optional Paper-2.
  • Analyze Case Studies and Reports: Study real-world case studies, reports, and policy documents to understand the practical implications of economic policies and reforms.
  • Stay Updated with Current Affairs: Keep abreast of recent developments in the field of economics, including policy changes, economic indicators, and global economic trends.

4). Resources and References:

  • “Development Economics” by Debraj Ray
  • “International Economics” by Paul Krugman and Maurice Obstfeld
  • “Public Finance” by H.L. Bhatia
  • “Indian Economy” by Ramesh Singh
  • “Economic Survey of India” published by the Government of India
  • “World Development Indicators” published by the World Bank

5). Evaluation and Scoring:

  • Economics Optional Paper-2 is evaluated based on candidates’ understanding of advanced economic concepts, critical analysis of economic policies, and ability to propose well-reasoned solutions to economic problems.
  • Emphasis is also placed on the clarity of expression, logical reasoning, and effective communication of ideas and arguments.

In conclusion, Economics Optional Paper-2 in UPSC CSE provides candidates with an opportunity to demonstrate their expertise in advanced economic theories, policies, and issues. With thorough preparation and a strategic approach, candidates can excel in this optional subject and enhance their overall performance in the UPSC CSE examination.

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YearMains Optional Paper-2 PYPs
2013Economics Paper-2
2014Economics Paper-2
2015Economics Paper-2
2016Economics Paper-2
2017Economics Paper-2
2018Economics Paper-2
2019Economics Paper-2
2020Economics Paper-2
2021Economics Paper-2
2022Economics Paper-2
2023Economics Paper-2
2024Economics Paper-2
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UPSC Mains Economics Optional Paper-2 PYPs 2013-2024Click Here
UPSC Mains Economics Optional Paper-2 SyllabusClick Here
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UPSC Mains Economics Optional Paper-2 PYPs
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UPSC Mains Economics Optional PYPs

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