(a) Demand for and Supply of Money: Money Multiplier Quantity Theory of Money (Fisher, Pique and Friedman) and Keynes’s Theory on Demand for Money, Goals and Instruments of Monetary Management in Closed and Open Economies; Relation between Central Bank and the Treasury; Proposal for a ceiling on the growth rate of money. Sen's Social Welfare Function. Sen’s Social Welfare Function. Economics Optional significantly overlap General Studies paper III as it covers around 60% of it. Advanced Micro Economics: (a) Marshallian and Walrasiam Approaches to Price determination. (d) Modern Welfare Criteria: Pareto Hicks & … UPSC Civil Services Mains Exam Optional Subject consists of 2 papers. (c) Markets Structure: Monopolistic Competition, Duopoly, Oligopoly. (d) Modern Welfare Criteria: Pareto Hicks & Scitovsky, Arrow's Impossibility Theorem, A.K. Alternative Distribution Theories → Ricardo, Kaldor, Kaleeki. (c) Markets Structure: Monopolistic Competition, Duopoly, Oligopoly. The alternative theories of distribution talk about how different economists across the world have distributed national income. Sen’s Social Welfare Function. The most celebrated microeconomic theory is the marginal productivity theory of distribution. Rao. b) Alternative Distribution Theories; Ricardo, Kaldor, Kaleeki. (c) Markets Structure: Monopolistic Competition, Duopoly, Oligopoly. Advanced Micro Economics: (a) Marshallian and Walrasiam Approaches to Price determination. Advanced Micro-Economics: (a) Marshallian and Walrasian Approaches to Price Determination. This book pretty much covers all the distribution theories decently. UPSC Civil Services (Mains) Examination Syllabus of Economics. (f) Development and Environmental Sustainability – Renewable and Non-Renewable Resources, Environmental Degradation, Intergenerational equity development. (ii) Lewis Model of Development with Surplus Labour, (v) Research & Development and Economic Growth, (b) Process of Economic Development of Less-developed Countries: Myrdal and Kuzments on economic development and structural change. (iii)Product Cycle and Strategic Trade Theories. Sen’s Social Welfare Function. Manufacture and Transport: Jute, Cotton, Railways, Money and Credit. UPSC Optional Paper Syllabus for Economics- Paper I. ricardian theory of distribution - national income into rent , wages and profit | paper 1 So while reading any model / theorem, we should simultaneously practise its diagram on paper / computer. (ii) Theories of Policy Mix. Agriculture: Land Reforms and land tenure system, Green Revolution and capital formation in agriculture. Advanced MicroEconomics: (a) Marshallian and Walrasian Approaches to Price determination. (c) Balance of Payments Adjustments: Alternative Approaches. (a) Old and New Theories of International Trade. SYLLABUS: Syllabus of Economics optional for UPSC Economics Optional Syllabus for Paper – 1. Vignan IAS Academy gives UPSC Civil services aspirants more of they want to Ignite their success and achieve dreams. Therefore, making a total of 500 marks. (b) Alternative Distribution Theories: Ricardo, Kaldor, Kaleeki (c) Markets Structure: Monopolistic Competition, Duopoly, Oligopoly. (c) Markets Structure: Monopolistic Competition, Duopoly, Oligopoly. UPSC IAS Mains Economics Syllabus For Paper-1. (vi) BOP, adjustments and Policy Coordination in open economy macro-model. (c) Balance of Payments Adjustments: Alternative Approaches. For my Economics Optional notes, go to this page. Markets Structure: Monopolistic Competition, Duopoly, Oligopoly. Sen’s Social Welfare Function. Planning: From Central Planning to Indicative Planning, Relation between planning and markets for growth and decentralized planning: 73rd and 74th Constitutional amendments. Sen’s Social Welfare Function. 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