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Economics Module for General Studies

by Vajiram & Ravi

23-11-2023

04:48 PM

Date of Commencement

August 2024

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Mode

CLASSROOM & LIVE-Online

Duration

Around 4 Months

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Fee

Rs.23,000/- (Incl. GST)

Course Time

To be announced later

Economics Module for General Studies

About General Studies Economics

Economics as a subject is technical, conceptual, and rational along with everlasting contemporary relevance. Establishing a foundation by mastering the most fundamental concepts of Economics takes time in comparison to other General Studies subjects. Economics becomes more challenging as there are strong interlinkages across various topics and sub-topics of the subject which requires strong fundamentals and holistic learning of the subject.

 

UPSC over the years has consistently asked 20-25% questions in Prelims and around 10 questions in GS-III Mains from Economics. So, Economics as a subject is both challenging and rewarding if prepared well enough.

At Prelims level, the syllabus revolves around national income accounting, economic growth and development, poverty, inclusion, demographics, fiscal policy, social issues, and current events.

However, the Main Exam General Studies Paper-III places a strong emphasis on planning, types of resources, growth and development, employment, inclusive growth, and the challenges that arise from it, government budgeting, Indian land reforms, the implications of liberalisation on the economy, the Industrial Policy and its effects on growth, infrastructure, and investment models.

About Economics Module for General Studies Module 2024

Considering this importance in Prelim Test & Main Exam - Vajiram & Ravi is introducing a specialised course for General Studies Paper III – the Economics Module for General Studies, for UPSC Civil Services Exam 2024.

The Economics Module for General Studies 2024 would empower the students to learn from basic to advanced level nuances and details of  Economics as a subject. Furthermore, Current Issues, the Economic Survey, and the Union Budget will also be dealt with along with special focus on the analysis part in order to do justice to the questions asked in the exam, beyond the defined syllabus.

Features of the Economics Module for General Studies 2024

The Economics Module General Studies 2024 for the Civil Services Examination has been uniquely designed, with the below features:

 

  • Duration of each class will be 2.5 to 3 hours.
  • Classes will be conducted thrice a week, over the course of around 4 months.
  • Lectures will be delivered by renowned faculty Dr Jayant Parikshit (A Delhi School of Economics and IIM Lucknow alumnus).
  • Well-curated handouts after every lecture would be provided to adequately fulfil the General Studies - Economics UPSC CSE curriculum requirements for the Prelim Test and Main Exam.
  • Chapter-specific MCQs to review the topic, clarify any doubts, and develop a deep understanding will be provided.
  • Answer writing practice to teach students how to organise and prioritise their knowledge, and write concise, effective answers.
  • The classes are offered in both Classroom and LIVE-Online mode.

Why choose the Economics Module for General Studies 2024?

Although each subject is substantial and indispensable for the UPSC Civil Services Test Prelims & Mains, students struggle more with Economics, which is highly technical in nature.

The reasons for the same could be as follows:

  • The challenges for students come from understanding essential terms and concepts and applying the knowledge in the UPSC Civil Services Exam.
  • A large part of the question asked in the section is from current affairs sections, which needs conceptual understanding and timely updation.
  • Students who are self-studying for the exam find it challenging to comprehend Economics and apply it to answer questions.

Majority of students lack prior knowledge and conceptual clarity of the subject, which causes a psychological barrier and lack of interest. By educating students, we hope to allay this subject's concern.

Additionally, the UPSC journey presents a significant obstacle in understanding newspapers, where economical perspectives remain an indispensable part. We aim to assist the students in effectively understanding current affairs & articles through our programme.

Furthermore, Economics has consistently received a good amount of the questions in both Prelims and Mains. Once a student gains proficiency with it, selection in Prelims and Mains performance  can lead to better overall Rank in the Civil Services Exam.

Who should join the Economics Module for General Studies 2024?

The Economics Module for General Studies 2024is for those aspirants who want to focus exclusively on improving their General Studies - Economics for the UPSC Civil Services Exam.  Additionally, this module facilitates those aspiring to:

  • Clear the Prelim Test & Mains Exam, using Economics focused study materials, targeted lectures, and expert guidance.
  • Overcome the obstacle of the UPSC CSE Prelims stage that they haven't been able to conquer in years.
  • Revise and solidify their knowledge of the UPSC Prelims & Mains syllabi General Studies Economics subject.
  • Lay emphasis on General Studies Economics subject preparation after they have finished the General Studies Prelims cum Mains Comprehensive Programme.

How will the Economics Module for General Studies 2024 help you ?

Vajiram & Ravi has enabled their students to achieve All India First Rank in the Civil Services Exam for 20 consecutive years, including 2022.

The Economics Module for General Studies 2024 will assist students in a multitude of ways:

  • Effective and efficient learning and enhancing their understanding of the General Studies Economics Subject.
  • Extensive and in-depth coverage of the fundamentals and advanced concepts, that will assist students in building a solid knowledge foundation.
  • Coverage of all pertinent sections of the NCERTs, throughout the module.
  • Hone students’ abilities to effectively answer questions through practice with MCQs and Mains answer writing.

 

Gaining this knowledge would boost the likelihood of clearing Prelims and Mains, and most significantly, it would make it easier to understand news articles and current events that we come across frequently.

Additionally, the Economics module helps in the coverage of syllabus that is overlapping with other papers, such as the Essay Paper, General Studies Paper 1 (For instance, Agriculture), General Studies Paper II (For Instance, International Economic Relations), and Personality Test.

Furthermore, Economics is an extremely crucial subject that is significant for a civil servant to understand and implement in real-life scenarios. In order for the students to succeed in the UPSC Civil Services Exam as well as develop into a better and more effective bureaucrat and decision maker, we strive to shape the policy maker within them through our lectures.

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