UPSC Economics Optional Classes – Online & Offline
The Economics Optional for the UPSC Civil Services Examination has been one of the most popular choices for aspirants, particularly for those with a background in economics, commerce, management, or related disciplines. Known for its analytical nature, defined syllabus, and real-world applicability, economics has consistently produced top scorers in the UPSC Mains examination.
Our UPSC Economics Optional Classes are designed to provide a comprehensive, structured, and exam-oriented approach that enables aspirants to master both the theoretical concepts and applied aspects of economics. Whether you are a graduate in economics or a UPSC aspirant with keen interest in understanding how the economy functions, this program will provide the right guidance and strategies to help you excel.
Why Choose Economics as an Optional Subject in UPSC?
Defined and Manageable Syllabus – Unlike subjects with an open-ended scope, economics has a clearly demarcated syllabus. This allows focused preparation and makes revision easier.
High Scoring Potential – With proper preparation, economics optional offers excellent scoring opportunities in both Paper I (theoretical concepts) and Paper II (Indian Economy).
Overlap with GS Papers – Economics has significant overlap with General Studies Paper III (Indian Economy, Planning, Agriculture, Inclusive Growth, Budget, etc.), and also helps in Essay writing.
Practical Relevance – Economic knowledge is highly useful for administrators, especially in policymaking, budgeting, financial planning, and development programs.
Strong Background Advantage – Students with a degree in Economics, Commerce, Business Studies, or related subjects already have a good base, making preparation smoother.
UPSC Economics Optional Course Highlights
Our UPSC Economics Optional Classes focus on building strong conceptual clarity, developing analytical skills, and honing answer-writing ability.
Complete Coverage of Paper I & II in a structured manner.
Expert Faculty – Guidance from mentors with academic and UPSC coaching experience.
Updated Study Material – Comprehensive notes aligned with UPSC trends.
Answer Writing Practice – Regular assignments and personalized feedback.
Integration with GS – Linking optional preparation with GS Paper III & Essay.
Doubt Clearing Sessions for individual attention.
Test Series – Sectional and full-length mock tests.
Flexible Learning – Both online and offline batches available.
UPSC Economics Optional Course Syllabus
The UPSC Economics Optional syllabus is divided into two papers, each carrying 250 marks.
Paper I – Economic Theory
1. Microeconomics
Theory of Consumer Demand – Indifference curve, consumer choice, elasticity.
Theory of Production and Cost – Production function, laws of return, cost curves.
Pricing in Different Markets – Perfect competition, monopoly, monopolistic competition, oligopoly.
Welfare Economics – Pareto optimality, social welfare functions.
2. Macroeconomics
National Income – Concepts and measurement.
Theories of Employment and Output – Keynesian and Classical approaches.
Inflation, Unemployment, and Business Cycles.
Monetary and Fiscal Policies – Role and effectiveness.
IS-LM and AD-AS frameworks.
3. Money, Banking, and Finance
Theories of Money – Quantity theory, Keynesian approach.
Commercial Banking – Functions, credit creation.
Central Banking – Monetary policy instruments and effectiveness.
Financial Institutions and Markets.
4. International Economics
Theories of International Trade – Comparative advantage, Heckscher-Ohlin model.
Balance of Payments – Adjustment mechanisms.
Exchange Rates – Determination, types, and policies.
Trade Policy – Tariffs, quotas, WTO framework.
5. Growth and Development
Theories of Growth – Harrod-Domar, Solow, endogenous growth.
Development Theories – Lewis, Myrdal, Rostow, Sen’s capabilities approach.
Poverty, Inequality, and Unemployment.
Human Development Index, Sustainable Development Goals.
Paper II – Indian Economy
1. Indian Economy in Pre-Independence Era
Agriculture, industry, and trade under colonial rule.
Drain of wealth theory and economic consequences of British rule.
2. Indian Economy Post-Independence
Planning in India – Objectives, strategies, and achievements.
Five-Year Plans – Shift from centralized planning to NITI Aayog.
Growth, development, and structural changes.
3. Agriculture Sector
Land reforms, Green Revolution, agricultural pricing, and subsidies.
Agricultural credit, marketing, and WTO issues.
Food security, PDS, and reforms.
4. Industry and Services
Industrial policy, public sector, disinvestment.
MSMEs, Make in India, Start-up India.
Growth of service sector, IT and financial services.
5. Money and Banking
Evolution of banking in India, financial sector reforms.
RBI, monetary policy, and inflation targeting.
Financial inclusion and digital economy.
6. Public Finance
Tax reforms, GST, FRBM Act.
Fiscal policy, budgetary process, subsidies, and deficit financing.
Centre-State financial relations, Finance Commission.
7. External Sector
India’s foreign trade and trade policies.
Balance of payments and exchange rate management.
WTO, FDI, FII, and globalization.
8. Current Challenges in Indian Economy
Unemployment, poverty, and inequality.
Human development, health, and education.
Environment and sustainable development.
Regional imbalances and inclusive growth.
Who Should Join The UPSC Economy Optional Course?
Students with degrees in Economics, Commerce, Management, or related fields.
UPSC aspirants interested in choosing a conceptual and analytical optional.
Candidates aiming to leverage GS Paper III overlap and essay paper advantages.
Working professionals who want flexible yet comprehensive preparation.
Duration & Mode of Classes
Duration: 5–6 months (foundation) / 2–3 months (crash).
Mode: Offline classroom sessions + Online interactive classes.
Access: Recorded sessions for online learners.
Benefits of Choosing Our UPSC Economics Optional Classes
Strong Foundation – Covers fundamentals to advanced concepts systematically.
Exam-Focused Training – Emphasis on structuring answers and using diagrams.
Updated Content – Integration of latest data, government reports, and policies.
Flexible Batches – Options for regular, weekend, and crash courses.
The UPSC Economics Optional is a dynamic and rewarding subject for aspirants who are keen to understand the functioning of economies at both theoretical and practical levels. With its defined syllabus, scoring potential, and overlap with GS and Essay, economics has helped many candidates secure top ranks in the Civil Services Examination.
Our UPSC Economics Optional Classes provide aspirants with structured learning, expert mentorship, comprehensive material, and rigorous practice to help them maximize their performance in Mains.