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GS ECONOMICS by Ramesh Singh, McGraw-Hill writer One doesn’t need any background in Economics to attend the classes! After this course, students become so confident that several opt it as their optional paper! ABOUT GS ECONOMY: At the Mains level, there are four papers of the General Studies (GS)—one is titled as Economic Development, Science & Technology; Security, Biodiversity, Environment & Disaster Management (i.e. GS Paper 3). In this paper, over 60 per cent of the topics belong to the Indian Economy/Indian Economics. At the Prelims level, questions varied (in the last few years) between 12 to 45 in number. The good thing is that if aspirants are conceptually clear and updated, answering 100% of the questions in Prelim & Main is not surprising. OTHER USES OF GS ECONOMY: Closer analysis of the GS Mains syllabus informs us that over half of the topics of the 4 papers of the GS requires "applied & updated knowledge" of Economics. ABOUT THE COURSE: The course aims to enable students solve every possible question on Economics/Economy at any level of the exam—Prelim, Main, Essay or Interview. SYLLABUS COVERAGE: It covers the whole Prelim & Main syllabi (Economic & Social Development). The details are given below—the topics printed in BOLD are prescribed by the UPSC (as it is) while rest of the topics (printed in NON-BOLD) are extra coverage without which the course cannot be handled— * Making sense of the 'Economic & Social Development’ (How to Prepare? Book List & References). * Growth, Development, Human Development & Happiness; India's idea of Inclusive growth and the issues arising from it. * Economic policies of India—a Review. * Changes in Industrial policies & their impact (Industry). * Effects of Liberalisation on the economy (Economic Reforms). * Infrastructure—energy, ports, roads, airports, railways, etc. * Land Reforms, Public Distribution System, Buffer Stock, Food Security, Storage, Transportation, Marketing, Food Processing Industries, Upstream & Downstream requirements, Supply Chain Management, Technology Missions, e- Technology, Animal Rearing, Cropping Patterns, Irrigation, Farm Subsidies and Minimum Support Price (Agriculture). * Indian economy and issues relating Planning (including NITI Aayog), Mobilization of Resources, Investment Models. * Poverty-Employment-Population-Education-Healthcare-Skill Development, Demographic Dividend, etc. (Social Sector). * Understanding Inflation (Price Management). * Banking, Insurance, Mutual Funds, Security & Forward Markets (Financial Sector). * Forex Reserves, External Debt, Export & Import, Current & Capital accounts, Exchange Rate, Balance of Payment, IMF, WB, WTO, OECD, BRICS Bank (NDB), AIIB, De-globalisation, Emergence of protectionism, etc. (External Sector). * Tax Reforms, VAT, GST, and related issues (Tax Structure). * Government Budgeting—fiscal policy, public finance management & emerging challenges (Public Finance). SPECIAL FEATURES * As Economics is quite dynamic subject, lectures keep connecting to the current happenings of India and abroad together with linking to the whole GS (all 4 papers), Essay and Interview. * Classes are fully interactive—students have full freedom to ask questions. * Notes to be provided on important issues besides the book INDIAN ECONOMY, 9th edition, McGraw Hill, 2017. * Besides being updated with the latest Economic Survey 2016-17 and Union Budget 2017-18, the classes closely track the current policy framework of the Governments. * Answer Writing Practice is compulsory part of the course—answers are evaluated by Ramesh Singh. * Regular tests for Prelims & Mains with Model Answers (hand-written by Ramesh Singh) support. * Easy access to Ramesh Singh—even after the course has been completed. * The course is based on the INTEGRATED APPROACH TO GS—a strategy for the civil services exam developed by Ramesh Singh (first published in the Civil Services Chronicle, Dec. 2007, Eng. & Hindi). * Fees: Rs. 15,000.
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