Books & Magazines
Economics Books for UPSC 2024: Find the best books and study materials to excel in the Economics section of the UPSC exam.
Economics is the science of production, distribution, and consumption of goods and services across the world. The subject is widely considered as an important component of administration and policy-making. Hence, UPSC aspirants are expected to have a basic idea about the subject.
Economics is a part of UPSC Prelims and UPSC Mains. In addition, Economics is one of the 48 optional subjects available for students. In this regard, economics books for UPSC are both simple and advanced. Students preparing for general studies can refer to the simple books, while those preparing for optional economics have to refer to advanced books.
A mix of regular reference books and current affairs updates, will help you navigate the economic landscape of the UPSC examination successfully.
UPSC general studies requires candidates to have basic knowledge about economic concepts and the ability to analyse the concepts. The Economics books for UPSC general studies focus on the basics of the subject for a holistic understanding.
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Standard And NCERT Books
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Economics books for UPSC Optional must comprehensively cover the core concepts of Paper 1 and Paper 2 mentioned in Economics Syllabus.
Economics books for Paper I focus on economic concepts and the basics of economics.
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Economics books for Paper II mainly focus on the Indian Economy. There is also a dynamic aspect associated with the paper.
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UPSC expects candidates to have a basic understanding of economics and its related concepts so that they can effectively use it in policy-making. To develop this basic understanding, one has to modify their approach while reading the subject. Following are some of the tips that candidates can follow while reading economy books for UPSC:
Economics has applications in policy-making as well as in careers beyond civil services. This makes it one of the vital components of the UPSC exam. Candidates dreaming of becoming civil servants cannot ignore economics. Reading economics books for UPSC and understanding it completely in the very first attempt is indeed difficult. Hence, choosing the right books will not only help you score high marks in exams, it will also help you understand the basics of economics.
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NCERT books will give a basic understanding of economics concepts. Candidates will have to read additional topics to holistically cover economics subjects.
No. Standard text books and reference books may contain updated information but do not cover current affairs. This has to be exclusively covered from newspapers and magazines.
Firstly, a candidate has to read the complete book once to gain a basic understanding of concepts. During the second iteration, they must start making short notes of important topics from the books.
No. NCERT books cover only the basic aspects of economics that a candidate requires for general studies. For optional, they will have to refer to advanced books on economics given above.
UPSC economics books are readily available in bookstores across the country. They can also be bought from e-commerce websites.
Candidates are advised to read reference books at least 2-3 times before the exams. This will help them understand the subject in a better way.
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