(Info) Strategy for Economics

Suggested below are the strategies to tackle Economics for IAS Exams. Following are the important topics one should try to be through with so as to score the maximum is less time. However it is important to remember to read up on other topics as well as soon as you finish these topics.

Important Topics

Basic Economic Indicators: (Statistical Data)
- National Income
- Production
- Price Index
- Foreign Trade
- Population
Features of Indian Economy
- Division of Economic activities
- Unemployment - Types
- Poverty - HDR - Measures to eliminate poverty
Population
- Population growth
- Population policy 2000
- Census - 2001
- Consumption Pattern - Energy Consumption - Sources of energy - various programmes
National Income
- Methods of National Income calculation
- Concepts of National Income
Agriculture
- Importance
- Crops and seasons
- Agricultural Credit agencies. NABARD, RRB. Etc.,
- Kisan Credit Schemes
- Land Reforms
- Agricultural Insurance, NAIS, Seed Crop Insurance
- Green, Yellow, White, Blue revolutions
- Irrigation projects - Drip irrigation
- Development measures
Industry
- Industrial Policies - 1948,1956,1991 - Initiatives taken
- Small Scale Industries
- Various key industries
- Various Committees and their recommendations
- Industrial sickness
- Dis investment - PSE Policy
- Industrial Finance
Money and Banking
- Aspects of money market
- Credit Control - Various Rates
- Commercial Banks, Co-operatives, NBFC.
- Committees and recommendations
- SEBI - Stock market developments
- Insurance Industry
- New Banking Sector reforms
- Inflation, Deflation
- Money supply measures
Foreign Trade
- Composition and direction
- Exim policy and other Acts
- Foreign Trade improvement measures taken
- WTO
- BOP

International Organisation
Development and employment Programmes
Planning
- Planning Commission
- Five Year Plans and imported features
Public Finance
- Finance Commission
- Various formulas for Plan assistance to states
- Taxation - Reforms
- Public spending and Debt.
- Deficit financing