Ravit Thukral
GATE Economics 2025
Graduate Aptitude Test in Engineering (GATE) Economics 2025
ORGANISING
INSTITUTE
GATE 2025 is
being organized by Indian Institute of Technology Roorkee (IITR).
GATE
Economics Exam date is February 16, 2025 Sunday.
Eligibilty
- Candidates
who are currently studying in the 3rd or higher years of any undergraduate
degree program or who have completed any government approved degree program in Engineering/
Technology/ Architecture/ Science/ Commerce/ Arts/ Humanities are eligible to
appear for GATE 2025.
- No Age Limit
Economics
Syllabus
- Microeconomics: Theory of Consumer Behaviour,
Theory of Revealed Preference, Theory of Production and Costs, Uniqueness and
Stability of Market Equilibrium, Asymmetric Information, NonCooperative games,
Theory of Firm, Factor Pricing, Welfare Economics.
- Macroeconomics: National Income Accounting,
Determination of output and employment, Theories of Consumption, Investment
Function Specifications,Closed Economy IS- LM Model and Mundell Fleming Model,
The Impossible Trinity.
- Statistics,
Econometrics and Mathematical Economics: Probability Theory, Simultaneous Equation Models, Linear
Algebra. International Economics: Trade Policy Issues, Balance of Payments,
Theories of International Trade, Dumping and Anti Dumping Policies, GATT, WTO
and Regional Trade Blocks
- Public
Economics: Market
Failure and Remedial Measures, Regulation of Market – Collusion and Consumers’
Welfare, Public Revenue, Fiscal Policy and its implications, Environment as a
Public Good, Market Failure and Coase Theorem, Cost-Benefit Analysis
- Development
Economics: Theories
of Economic Development, Indicators of Economic Development, Poverty and
Inequalities, Social Sector Development, Models of Economic Growth, Technical
progress.
- Indian
Economy: Economic
Growth in India, Agriculture, Industry & Services Sector, Rural & Urban
Development, Infrastructure Development, Fiscal Policy in the Indian context,
India’s balance of payments, Composition of India’s Trade, Competitiveness of
India’s exports, India’s exchange rate policy.
Exam Paper Pattern
Mode of Exam
| CBT (Computer- Based)
|
Duration
| 3 hrs
|
Sections
| General Aptitude(GA) +
Economics
|
Type of Questions
| (a) Multiple Choice
Questions (MCQ)
(b) Multiple Select
Questions (MSQ) and/or
Numerical Answer Type
(NAT) Questions
|
Number of Questions
| 10 (GA) + 55 (Economics)
= 65 Questions
|
Distribution of Marks
| General Aptitude: 15 Marks +
Economics Questions: 85
Marks = Total: 100 Marks
|
Marking Scheme
| Questions carry 1 mark
and 2 marks
|
Negative Marking
| - For a wrong answer chosen in a
MCQ, there will be negative
marking.
- For 1-mark MCQ, 1/3 mark will be
deducted for a wrong answer.
For 2-mark MCQ, 2/3 mark will be
deducted for a wrong answer.
- NO negative marking for MSQ &
NAT.
|
Hope this helps you all and BEST OF LUCK.