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Home » Economics Notes Which You Shouldn’t Miss!

Economics Notes Which You Shouldn’t Miss!

Economy This post is a compilation of our most viewed notes on Economics, which ClearIAS thinks our readers should not miss.

Learn Economics: Must Read Articles

Some of the priority areas concerning Economics are Basic Concepts, Growth, Inflation, Monetary Policy, Fiscal Policy, Sectors of the Economy, International Sector, Development etc.

Basic Concepts

  • Basic Concepts of Economics In Simple Language.
  • Factors of Production
  • Everything You Need To Know About India’s New GDP Series 2011-12.
  • Indian Economy Overview
  • Ten Steps For India To Be The Third Largest Economy by 2043.

Inflation

  • Inflation: Definition, WPI, CPI, Measurement, and Causes.

Monetary Policy

  • Monetary Policy of India
  • Expansionary vs Contractionary Monetary Policy
  • REPO and CRR Rate Cuts
  • Rupee Devaluation, Depreciation, Export and Import.
  • Unified Payment Interface (UPI)
  • Money Supply
  • Monetary Aggregates
  • Differentiated Banks – Small Finance Banks vs Payment Banks
  • Urban Cooperative Banks
  • Non-Performing Assets (NPA)
  • The Twin Balance Sheet Problem (TBS)
  • Interest Coverage Ratio
  • Yes Bank Crisis and Reconstruction
  • Operation Twist

Fiscal Policy

  • Government Budgeting in India – The Process and Constitutional Requirements.
  • Budget Documents Made Simple: Key to Budget Documents.
  • FRBM Act – Guidelines, Targets, and Escape Clause
  • The difference between the Full Budget and Vote on Account.
  • Cut Motions: Policy Cut, Economy Cut, and Token Cut
  • Tax Expenditure and Budgetary Policies.
  • Fiscal Deficit and Current Account Deficit.
  • What is the Economic Survey?
  • Goods and Services Tax (GST): Everything You Need to Know Including Issues Unresolved
  • Universal Basic Income (UBI): Everything you need to know

Indian Economy – Sectors

  • Sectors of Economy: Primary, Secondary, Tertiary, Quaternary, and Quinary.
  • Factors Responsible for the Location of Primary, Secondary and Tertiary Sector Industries in Various Parts of the World (Including India).

Primary (Agriculture) Sector

  • National Commission on Farmers – Recommendations
  • Agricultural Marketing Reforms: Model APMC Act and NAM
  • Farmers’ Suicides in India – Reasons and Responses
  • Food Processing and Related Industries in India.
  • Pink Revolution in Food Processing Industry.
  • Land reforms in India.
  • National Land Records Modernization Programme (NLRMP)
  • Minimum Support Price (MSP) – Explained with Video
  • Public Distribution System (PDS): Challenges and Reforms

Secondary (Industrial) Sector

  • Index of Industrial Production (IIP): Made Easy to Understand.
  • Index of Industrial Production (IIP): All About The New IIP Series (2011-12)
  • Indian Companies Act 2013: Salient Features.
  • Make In India Initiative.
  • Micro, Small and Medium Enterprises (MSME): The Importance in Indian Economy

Tertiary (Service) Sector

  • Insolvency and Bankruptcy Code: Why do we need it now?
  • National Investment and Infrastructure Fund (NIIF)

Infrastructure

  • PM Gati Shakti: Master Plan for Multi-modal Connectivity
  • National Infrastructure Pipeline (NIP) – Can this mega-push revive the Indian economy?
  • National Monetisation Pipeline (NMP)
  • Indian Railways – What’s Wrong With The National Transporter?
  • Bullet Trains – Does India really need them?
  • Privatisation of Air India – Should India’s Public Sector Airline be Disinvested?
  • 7 Initiatives by the Government to Promote Energy Efficiency and Energy Conservation
  • Neduvasal Hydrocarbon Project Controversy: Everything you need to know

Foreign Trade

  • Foreign Trade of India
  • Balance of Payments
  • India’s Free Trade Agreements
  • Masala Bonds
  • Foreign Direct Investment (FDI) in India

Planning and Federalism

  • Indian Economy: Issues Related to Planning.
  • Indian Economy: Mobilization of Resources.
  • Indian Economy: Growth, Development, and Employment.
  • Investment Models.
  • 12th Five Year Plan 2012-17 Targets.
  • From Planning Commission To NITI Aayog: Evolution of Indian Planning.
  • NITI Aayog: The new β€˜think-tank’ to replace the Planning Commission.
  • How do States get revenue from the Center?
  • The Shrinking Central Plan and Growing Central Assistance.
  • 15th Finance Commission: Recommendations

Government Schemes

  • The Core of the Core Schemes, Core Schemes, and Major Central Sector Schemes in Union Budget 2018
  • Major Programs Under Central Plan: Budget 2015-16.
  • Major Programs Under Central Assistance to States Plan: Budget 2015-16.
  • Centrally Sponsored Schemes (CSS).
  • Rashtriya Kishor Swasthya Karyakram (RKSK) and RMNCH+A.

Financial Market – Money Market and Capital Market

  • Financial Market: Money Market and Capital Market.
  • Money Market Overview.
  • Capital Market Overview.
  • Speculation, Hedging, Arbitrage and Investment.
  • SEBI (Securities and Exchange Board of India).
  • Share and Stock Market: Common Questions.

Development

  • Poverty – Dimensions and Challenges Explained
  • Human Capital – What India needs to reap the Demographic Dividend
  • Education in India – A Detailed Analysis
  • No-Detention Policy In The Schools – Should it be scrapped?
  • The Problems of Medical Education in India – Should the Medical Council of India (MCI) be Scrapped?
  • National Education Policy 2020: Key Highlights
  • Self Help Groups (SHG) in India: Gist of Kurukshetra.
  • Non-Governmental Organizations (NGOs) and Recent Issues.

Budgets

  • Budget 2024: Highlights

Economic Survey and Latest Data

  • Economic Survey 2021-22: Highlights
  • Economic Survey 2019-2020 Summary: 10 Key points which you should not miss!
  • 8 Interesting Facts about the Indian Economy from the Economic Survey
  • 10 New Facts About Indian Economy Based on Economic Survey 2017
  • Indian Economy Statistics: Know India Better.
  • Committees and Commissions in India.
  • What is the Economic Survey?

World Economy

  • WTO, Trade Facilitation Agreement and Indian Stand.
  • Fiscal Cliff and Fiscal Drag Explained.
  • US Debt Ceiling Crisis and US Federal Government Shutdown Explained.
  • Bitcoin: Understanding The Basics.
  • Ease of Doing Business – β€˜The Rank’ Explained

Current Topics

  • The Black Money Saga In India: A Short Analysis
  • Panama Papers: Case of Tax Evasion by the Rich?
  • 10 Benefits of Goods and Service Tax (GST)
  • Crowdfunding – Benefits and Concerns
  • Gig Economy – What’s the problem with this new trend?
  • Blue Economy

Economics Notes (Latest Updates)

  • Infrastructure: Energy, Ports, Roads, Railways, Airports etc
  • Indian Economy and Issues relating to planning, mobilization of resources, growth, development and employment
  • Issues Related to Intellectual Property Rights
  • Venture Capital
  • Tax buoyancy
  • Income Inequality
  • Government Securities Market
  • Gems and Jewelry Industry in India
  • Transport and Marketing of Agricultural Produce and Related Constraints
  • Changes in Industrial Policy and their effects on industrial growth
  • Types of Taxes in India
  • Human Development in India
  • Socio-economic effects of Railways
  • Economic and Social Development – Sustainable Development, Poverty, Inclusion, Demographics, Social Sector Initiatives, etc.
  • Chemical and Petrochemical Industry
  • Export Preparedness Index
  • Digital Infrastructure in India
  • Prepaid Payment Instruments (PPIs)
  • Foreign Portfolio Investment (FPI)
  • LIBOR (London Interbank Offered Rate)
  • History of Banking in India
  • Space Economy: The booming sector
  • Loan Loss Provisions
  • Ports and Shipping Industry in India
  • Bank Run: Cause and Prevention
  • Economic Recession: Causes, Types and Impact
  • Shapes of Economic Recovery
  • Public Debt: Overview
  • Debt Sustainability
  • Indian Pharmaceutical Industry
  • Gender Pay Parity
  • Stock Market Regulations in India
  • National IPR policy
  • NABARD (National Bank for Agriculture and Rural Development )
  • Credit Rating in India
  • Health Sector in India
  • Multi Modal Logistics Parks
  • Disinvestment in India
  • System of Rice Intensification
  • Sovereign Green Bonds
  • Steel Industry in India
  • Should Agriculture Income be Taxed?
  • Nidhi Company
  • Public private partnership models
  • Budget 2023
  • Economic Survey 2022-2023: Summary
  • Gold monetization scheme
  • Dollarization of Economy
  • Indian Economy 2023: Predictions and Challenges
  • Infrastructure and Economic Development
  • Depreciation of Indian Rupee
  • Healthcare Sector in India
  • Corporate Tax
  • Indian Manufacturing Sector
  • Issues of Buffer stocks and Food security
  • Issues related to direct and indirect farm subsidies and minimum support prices
  • Fintech in India
  • Oil and Gas Industry in India
  • Silver Economy: A Programme for Senior Citizens
  • Leather Industry in India
  • Retrospective Taxation In India: All You Need To Know
  • Effects of Liberalization on the Indian Economy
  • Horticulture in India
  • National Skill Development Corporation (NSDC)
  • Tea Industry in India
  • Edible Oil Economy of India
  • Nutrient Based Subsidy Scheme
  • Functions of RBI
  • Subsidies in India
  • Indian Financial System
  • Circular Economy
  • Types of Unemployment
  • Tourism Sector
  • Software Sector
  • Electric Vehicles
  • Road Infrastructure
  • Aviation Infrastructure
  • Inflation Indexed Bonds
  • Planning and Economic Reforms
  • MGNREGA: MG National Rural Employment Guarantee Act
  • Golden Fibre Revolution
  • Initial Public Offering: Shares to the Public for Trading
  • Digital Lending: What are the RBI Guidelines?
  • Coal Sector in India
  • World Bank (WB)
  • Economic Reforms of 1991 (LPG Reforms)
  • Direct Benefit Transfer: All you need to know
  • SIDBI: All About Small Industries Development Bank of India
  • Textile Sector In India
  • Gender Budgeting: Definition, Process, and Significance
  • FSIB: What is Financial Services Institutions Bureau?
  • NEER and REER: Learn about Effective Exchange Rates
  • Food Corporation of India (FCI)
  • Competition Commission of India (CCI)
  • Technology missions
  • Economics of Animal Rearing
  • Surety Bonds
  • E-technology in the aid of farmers
  • Inclusive Growth – Issues arising from it
  • Ways and Means Advances
  • 100 Important MCQs from Economic Survey and Budget 2022
  • The Global Minimum Tax
  • National Monetisation Pipeline (NMP)
  • Business Line: Get 40% Discount on The Hindu BL ePaper
  • Budget 2022: Highlights
  • Economic Survey 2021-22: Highlights
  • Urban Cooperative Banks
  • Factors of Production
  • ClearIAS Economics Notes (New Study Materials)

Don’t Miss it!

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  • UPSC Prelims Test Series
  • Download ClearIAS Apps
  • Important Updates
  • UPSC Books
  • UPSC PDFs

ClearIAS Full Syllabus GS Course Contents

Reader Interactions

Comments

  1. nisha.n says

    August 25, 2015 at 10:37 am

    Is clearias app available for windows phone?can u make it available in windows smart phone?please….

    Reply
  2. vishal says

    November 23, 2015 at 9:43 pm

    Can you tell me that in Indian economy
    for civils, whether to concentrate more on factual data and figures or conceptual analyse or both equally
    can me in percentages

    Reply
    • ClearIAS Logo 128ClearIAS.com says

      December 30, 2015 at 10:07 pm

      Concepts are important. Approximate idea about facts and figures would suffice.

    • SHIJIL K says

      July 4, 2018 at 12:07 pm

      actually we need to focus more on authentic data which will enable us to make authentic answer. basic concepts should be there to analyse the facts and data we have.

    • Sukhchain singh says

      March 15, 2019 at 9:08 am

      For prelims facts are necessary but for mains not need to concentrate on factss rather simple idea is kk

    • Anmol sambhaji kumbhar says

      May 6, 2021 at 11:29 am

      ✍✍Best initiative ever ever ..πŸ¬πŸ¬πŸ¬πŸ™πŸ™πŸ™

  3. meghajain says

    February 13, 2017 at 10:49 pm

    thanks a lot clearias.this site is simply the best.am a ba student and these notes sure help me a lot.

    Reply
  4. Sanam. says

    August 20, 2017 at 7:19 pm

    Its better to understand the concept. Dont waste your precious time by continuous reading just get the concept.

    Reply
  5. Siddharth says

    September 9, 2017 at 3:48 am

    Hello, my website https://statemaps.org aims for better understanding of inequality among Indian states on economic parameters by using interactive map. Please check this out and suggest if it can be used as reference link on your mobile or app?

    Reply
    • Shubham Tripathi says

      March 31, 2021 at 9:58 am

      link notworking

  6. UDIT BHASKAR says

    December 16, 2017 at 10:02 pm

    Is there any single link to download all the pdf related to economy notes?

    Reply
  7. Divya Goel says

    December 18, 2017 at 4:28 pm

    Clear IAS Ur notes are very good.. easy to understand thanku very much..

    Reply
  8. ritu says

    February 12, 2018 at 5:45 pm

    is computer software of the clear ias send location of .exe

    Reply
    • Hirok says

      October 13, 2024 at 2:53 pm

      Easy to understand β™₯️

  9. Kshitij Shukla says

    August 21, 2018 at 1:27 am

    The contents are not updated … budget , year book only till 2016-17..plz update

    Reply
  10. Shruti says

    December 29, 2018 at 5:26 pm

    Is economics statistic of class 11 is also in syllabus of upsc ? Pls reply

    Reply
    • Mahi says

      February 18, 2019 at 2:48 pm

      class 11th is not only requirement for upsc more than you study indian economy by ramesh singh.

  11. jnr says

    January 5, 2019 at 8:35 pm

    no sis thats why i shifted to android

    Reply
  12. Mahi says

    February 18, 2019 at 2:45 pm

    short notes are sharped for studying indian economy

    Reply
    • h parekh says

      December 13, 2021 at 12:49 am

      …sharped –> sharpened
      clear?!

  13. Ovais says

    March 11, 2019 at 9:25 pm

    Madam/ sir plz update your notes

    Reply
  14. Chinni says

    May 13, 2019 at 11:26 am

    Updated data is to be provided in such widely sought platform.

    Reply
  15. Chinni says

    May 13, 2019 at 11:27 am

    Updated data is to be provided in such widely sought platform…

    Reply
  16. Chinni says

    May 13, 2019 at 11:29 am

    Excellent notes

    Reply
  17. vikash singh says

    July 5, 2019 at 3:04 pm

    CAN I DO IAS PREPRATION WITH ONLY ECONOMICS?

    Reply
    • Tarun says

      March 30, 2022 at 9:26 am

      ● Not possible dear …..
      ● There are almost 10-12 different subjects , you have to study in GS only.
      ● Follow syllabus properly .

  18. Khushi says

    September 16, 2019 at 11:13 pm

    Please explain public debt and it’s causes

    Reply
  19. Chhaya says

    March 29, 2020 at 3:23 pm

    Can i have pdf of economics notes for prelims 2020

    Reply
  20. Kritika says

    April 21, 2020 at 4:46 pm

    Hey does this content cover everything? As in do I need to refer more resources or are there any topics that are relevant but not covered here?

    Reply
  21. Priya says

    May 22, 2020 at 6:43 pm

    Are the topics of the syllabus you have posted, updated for 2021 preparations??

    Reply
  22. Surabhi Shrivastava says

    June 2, 2020 at 5:24 pm

    Sir pls I urgently need description of quantum economics in Hindi.Plz send on my email address. Jidhar bhi check kiya ,quantum economy ko physics se compare kiya lekin achhi detail nhi mili quantum economics ki.Mujhe short essay prepare krna h quantum economics pe.Plz help Sir.

    Reply
  23. Surabhi Shrivastava says

    June 2, 2020 at 5:28 pm

    Jitna jaldi aur achha material ho sake ,send pls on my email ID

    Reply
  24. Amit says

    June 25, 2020 at 3:37 pm

    Economic nots

    Reply
  25. econbooksearcher says

    July 7, 2020 at 7:57 pm

    hey man
    great post. could you please review “madhur mahajan- indian economy for upsc”?
    That seems to be missing from your list “Useful Books to study Economics”.i want to pick the best book so that i can reread/read between the lines to understand concepts and write analytical and logical answers.i want a book which is comprehensive ,logical, lucid, unlike sriramias (which i also read partly) which is comprehensive but seems to be copy/paste.this book seems to fullfill all conditions and had glowing reviewers(blurb) from toppers and academics.it is definitely better than ramesh singh. could you do a comparative review of this book with other books? thanks in advance.great work on this notes.

    Reply
  26. DURGAPRASAD SAHOO says

    March 24, 2021 at 7:28 pm

    Really this is good initiative for providing such basic conceptual notes in pdf format so that we follow these notes for our self understanding.great work by CLEAR IASπŸ™πŸ™πŸ™πŸ™πŸ™πŸ™πŸ™πŸ™πŸ™πŸ™πŸ™πŸ™πŸ™πŸ™βœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈβœοΈ

    Reply
  27. Anmol sambhaji kumbhar says

    May 6, 2021 at 11:28 am

    ✍✍Best initiative ever ever ..πŸ¬πŸ¬πŸ¬πŸ™πŸ™πŸ™

    Reply
  28. rade says

    July 27, 2021 at 7:30 pm

    quantum=== kaun tum ?

    Reply
  29. Sajan Mangar says

    September 17, 2021 at 3:05 pm

    Can you provide these all notes in one pdf .

    Reply
  30. Maitri Sharma says

    July 12, 2022 at 5:53 pm

    It’s really good. Though all the answers are clearly given in the book, this is helpful as a reference. The answers are brief and to the point. The diagrams are appropriate and understandable

    Physics Wallah

    Reply
  31. ram says

    August 18, 2022 at 9:09 pm

    sir, this content is enough for static part?

    Reply

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