UPHESC Assistant Professor Economics Syllabus 2026

UPHESC Assistant Professor Economics Syllabus

The written exam has two parts: General Knowledge (30 questions, the same for all subjects) and Economics (90 questions). Both syllabi below are the official ones of the Uttar Pradesh Education Service Selection Commission, Prayagraj.

Part 1: General Knowledge (30 questions, 90 marks)

Compulsory for all disciplines. Download PDF (0.3 MB)

Unit 1: Current Affairs

• Major events and current affairs: national and international
• Personalities in news
• Sports news
• Current research in the field of science

Unit 2: Teaching and Research Aptitude

• Teaching: nature, objectives, need, methods, evaluation and factors affecting teaching
• Research: meaning and methods
• Data: source, collection and analysis
• Role of UGC in qualitative development in higher education

Unit 3: Information and Communication Technology (ICT)

• ICT: meaning, advantages and disadvantages
• Basics of internet and e-mailing
• General abbreviations and terminology

Unit 4: People and Environment

• People and environment interaction
• Environmental degradation: causes and solutions
• National and international efforts for a better environment
• Environmental control

Unit 5: Indian History and Geography

• Salient features of Indian culture
• Indian National Movement (1857–1950)
• Origin of the universe and the solar system
• Indian geography (general)

Unit 6: Indian Constitution and Economy

• Preamble, Fundamental Rights and Directive Principles
• Indian political system: legislature, executive and judiciary
• Election Commission and Public Service Commission
• Population, poverty, unemployment; planning and development; income tax
• Agriculture, industry, trade; money, currency, banking and capital market

Part 2: Economics (subject code 43) – 90 questions, 270 marks

The Economics paper is at post-graduate (Master's) level. The complete official syllabus is below. Download Economics syllabus PDF (0.8 MB)

Unit 1: Micro-Economic Analysis

• Demand Analysis - Marshallian, Hicksian and Revealed Preference Approach, Lancaster theory.
• Theory of Production and Cost Curves.
• Pricing and Output determination under Perfect Competition, Monopoly, Monopolistic and Oligopoly Markets.
• General Equilibrium and Welfare Economics.
• Managerial Theories of the firm - Baumol, Marris and Williamson.
• Theory of Limit Price

Unit 2: Macro-Economic Analysis

• Determination of Output and Employment - Classical approach, Keynesian & Post Keynesian approach, Consumption hypotheses.
• Phillips Curve Analysis.
• Business Cycle Models: Samuelson, Hicks, Kaldor and Hawtrey
• Fiscal and Monetary Policies and IS-LM Model.

Unit 3: Development and Planning

• Measurement of Development : HDI, GDI, GII.
• Theories of Development - Classical, Marx and Schumpeter, Rostow
• Approaches to development: Vicious circle of poverty, Circular Causation Theory of Myrdal, Balanced growth, Critical Minimum Effort, Big Push, Unlimited supply of labour, Unbalanced Growth, Low level income equilibrium trap.
• Choice of Techniques and appropriate technology - Investment criteria - Elementary idea of cost - benefit analysis.
• Development Techniques of planning; Planning in a market - oriented economy.
• NITI Ayog: Objectives, strategies, Sustainable Development Goals.

Unit 4: Growth Economics

• Economic Growth, Economic Development and Sustainable Development
• Models of Economic Growth - Harrod - Domar Model, Neoclassical Growth Model – Solow

Unit 5: Money and Banking

• Demand for Money - Fisher and Cambridge versions, Approaches of Keynesian, Friedman, Baumol and Tobin.
• Supply of Money, Determinants of Money Supply, High - powered money, Money Multiplier.
• Money and banking - Concepts of Money Supply, Organisation of India’s Money Market, Changing role of RBI, Inflation - Concept, Trends, Estimates, Consequences and Remedies; Monetary Policy and Financial Sector Reforms.
• Commercial Banking Functions

Unit 6: Public Finance

• Role of the Government in an Economy - Allocation, distribution and stabilization functions; Private, Public and Merit goods.
• Budget - Components of Budget, Kinds of Budgets, Zero - Base Budgeting, Gender Budgeting, Types and effects of Deficit; Deficit Financing, Budgets of the Union Government in India; Formulation and Enactment
• Public Expenditure: Meaning and Scope, Theories of Public Expenditure.
• Public Revenue - Different approaches to the division of tax burden, incidence and effects of taxation; elasticity and buoyancy; taxable capacity
• Public Debt - Objectives and Importance, Sources, Effects, Burden and its management.
• Fiscal Federalism - Concept, Theory and Problems; Problems of Centre - State Financial relations in India, Role of Finance Commission in India
• Fiscal Policy - Objectives and Instruments of Fiscal Policy, Compensatory Fiscal Policy,
• Concept of Functional Finance; Role of Fiscal Policy in a Developing Economy like India.

Unit 7: International Economics

• Theories of International Trade: Neo-Classical (Haberler) and Modern Theory of Trade (Heckscher-Ohlin); Terms of Trade and Gains from Trade; Factors Influencing Terms of Trade.
• Balance of Payment - Overview, Adjustment and Equilibrium in BOP, Elasticity, Absorption and Monetary Approaches for adjustment in the Balance of Payments; Foreign Exchange Rate.
• Problem of International Liquidity
• Tariff and Non- Tariff Barriers, Partial and General Equilibrium
• Role of Multilateral Development Bodies like WTO, IMF, World Bank in economic development.

Unit 8: Indian Economy - I

• Characteristics of a Developing Economy; Basic Economic Indicators - National income,
  Performance of different sectors; Concept of Energy - Renewable and Non-Renewable Sources of Energy.
• Agriculture - Institutional and Technological Aspects, Agricultural Policy in India, Land Reforms in India, Rural Credit, Agricultural Price Policy, Public Distribution System (PDS) and Food Security in India.
• India’s population : features, changes in structure

Unit 9: Indian Economy - II

• Industry - Industrial Policy Reforms, MSME Sector
• Foreign Trade - Trends, Balance of payments and Trade Reforms in India, Foreign exchange rate reforms; Composition and Direction of India’s Foreign Trade, India and WTO, Bilateral Trade Agreements, FDI.
• Poverty, Unemployment, and Human Development - Estimates of Inequality and Poverty measures for India, Multidimensional Poverty Index, Human Development index.

Unit 10: Statistical Methods

• Measures of Central tendency, dispersion, skewness and kurtosis.
• Elementary theory of probability
• Probability Distribution - Binomial, Poisson and Normal distributions.
• Simple correlation and regression analysis.
• Statistical inferences - Applications, sampling distributions (t, x² (Chi-square) and F tests) sampling of attributes, testing of Hypothesis.
• Index numbers and time series analysis.
• Sampling and census methods, types of sampling and errors.

How to prepare

• Match the official Economics syllabus unit by unit with your Master's notes and mark weak units first.
• Solve previous UPHESC/UPESSC Assistant Professor Economics papers (Advt 51 re-exam of April 2026 is the most recent).
• Do not leave GK for the end: Teaching and Research Aptitude and ICT are scoring units of the GK paper.
• Practise MCQs under time limits because of negative marking (-1 per wrong answer).

Syllabus PDFs of all 43 subjects are on UPHESC Assistant Professor.