The book has been designed for those appearing in UGC-NET/SLET in the subject of Economics. It would also be useful for candidates preparing for competitive examinations like IAS, IPS, IFS, PCS, etc. This Third Revised Edition has been substantially enlarged with the inclusion of a large number of new questions with answers. Previous years’ papers set in UGC-NET for Papers 1, 2 and 3 for June and December 2011, 2012 and 2013 (with answers) have been included. Besides, Practice Papers for Papers 1, 2 and 3 have been included in this Edition under Mock Test 1 and 2. The book is very comprehensive and it covers almost all possible objective type questions for these examinations. The book is the result of extensive research on the subject; interaction with experts in Economics; and referring to various authentic sources, including websites and journals. There are 10 chapters, each containing questions on a particular topic for focused attention and overall rich understanding by the readers. Economics is a vast subject and many new developments are taking place with research and application of new methods in its fields and subfields. Many questions relating to such new developments in Microeconomics, Development and Planning, Public Finance, International Economics, Indian Economy, Monetary and Fiscal Management, Agricultural Marketing, Credit Infrastructure, Trade Reforms and Foreign Exchange Markets, among others, have been included in the book.




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