Economics Books for UPSC provide you with a comprehensive guide that covers a wide range of topics, from basic economic concepts to contemporary economic issues in India. Economics is a vital subject in UPSC preparation, and selecting the right books is key to success. It's essential to choose books that align with your understanding of economic concepts and your study preferences.
A combination of these recommended books, along with regular practice and current affairs updates, will help you navigate the economic landscape of the UPSC examination successfully. Remember that mastering economics is not only about acing the exam but also about acquiring knowledge that will serve you well in your future career as a civil servant.
The UPSC Prelims Exam comprises a vast array of topics, and Economics plays a significant role, not only in the prelims but also in the mains and the interview. Therefore, selecting the right books for economics is pivotal in achieving success. Here is a list of important Economics Books for the UPSC Prelims Exam:
The Indian Economic Development and Micro and Macro Economics help you build a solid foundation for Economics as a subject for UPSC Preparation. UPSC usually asks Economics based questions from these books.
A cornerstone in UPSC economics preparation, Jayant Parikshit’s "Indian Economy" is a comprehensive guide that covers a wide range of topics, from basic economic concepts to contemporary economic issues in India. The book is written in a lucid and easy-to-understand manner, making it suitable for both beginners and those with a background in economics.
The Economic Survey is an annual publication by the Ministry of Finance, Government of India. It is a valuable resource for UPSC aspirants as it provides insights into the current economic trends and government policies. Reading the Economic Survey is essential to stay updated with the latest economic developments and to answer dynamic questions in the exam.
The Economics Budget is released on 1st February every Year, by the Ministry of Finance. This is an important document as it lays out the future financial strategy that the government is going to follow in the upcoming financial year.
Choosing economics as an optional subject for the UPSC Mains Examination is a strategic decision that can have a significant impact on your overall performance in the exam. Here are some Economics Books recommendations for the UPSC Mains Exam for Paper-1 and Paper-2.
Macroeconomics, Money, Banking & Public Finance:
Growth & Development:
Keep in mind that Economics as an Optional is a dynamic subject that evolves over time. Staying updated with current economic trends and developments is crucial for both the optional paper and the General Studies papers. Economics often requires an interdisciplinary approach, incorporating concepts from areas such as mathematics, statistics, and political science. Be prepared for this interdisciplinary aspect of the subject.
For Economics preparation for the UPSC Exam, you should refer to the NCERT Books- Indian Economic Development, Microeconomics, Macroeconomics, and Indian Economy Book by Jayant Parikshit and Indian Economy by Ramesh Singh. You should also refer to the Economic Survey and Economic Budget, important financial reports released by the Government of India.
For UPSC Economics Preparation the important NCERT Books are-
Yes, Indian Economy by Ramesh Singh is enough for the UPSC Preparation for Prelims Exam. However, it is important to refer to certain other important Economics Books as mentioned above in the article for UPSC Mains Exam.