View 235 notes Detailed Notes on GATE (Graduate Aptitude Test in Engineering) Economics
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There are 235 notes study material on GATE (Graduate Aptitude Test in Engineering) Economics arranged below by topic-subtopic. Numbers in brackets number of titles on that topic/subtopic and effort as % of the total course. The green bars indicate the progress on a topic/subtopic (based on titles you have marked complete).
%
Microeconomics [65 Notes- 20.7% Effort]
Theory of Consumer Behaviour [44 Notes- 12.94% Effort]
- 1
- Marshallian Analysis
- Arc Elasticity of Demand
- 2
- Cross Elasticity; Substitutes & Complementaries
- Income Elasticity
- 3
- Elasticity of Substitution
- Price Elasticity
- 4
- Revealed Preference
- Basic Axioms of Consumer Theory
- 5
- Theory of Comparative Advantage
- Economic Problems
- 6
- Economy Characteristics
- Marshallian Approach: Laws of Utility
- 7
- Hicksian Approach: Properties of the Indifference Curve, Assumptions of IC, Consumer Equilibrium with IC Analysis
- Income Effect and Substitution Effect in IC Analysis: Hicks Method or Compensating Variation Method, Slutsky Method or Cost Difference Method
- 8
- Revealed Preference Analysis: Assumptions, Consumer Equilibrium in Revealed Preference Analysis, Separation of Price Effect into Substitution Effect and Income Effect
- Introduction: Definition, Meaning and Scope of Micro Economics- Evolution, is Economics a Science or Art, Economics Positive or Normative, Relation to Other Subjects
- 9
- Introduction: Definition, Meaning and Scope of Micro Economics: Microeconomics and Macroeconomics, Basic Areas of Microeconomics- Microeconomics, Macroeconomics
- Definition, Meaning and Scope of Micro Economics- Meaning of Economics, Evolution, Definition of Economics, is Economics a Science or Art, Economics Positive or Normative, What Subjects Does Economics Relate to?
- 10
- Definition, Meaning and Scope of Micro Economics: Microeconomics and Macroeconomics, Basic Areas of Microeconomics
- Basic Economic Problem: The Basic Economic Problem – the Problem of Choice- The Production Possibility Curve (PPC)
- 11
- Basic Economic Problem: Market, Buyer and Seller, Demand and Supply- Markets in Micro and Macro Theory, Market and Capitalism, Working of Market – Price Mechanism, Market Mechanism and Social Welfare, the Price Mechanism and the Forces of Demand and Supply, Equilibrium, Existence, Uniqueness and Stability of Equilibrium
- The Cardinal Utility Approach: The Cardinal Utility Theory, Assumptions, Concepts of Total Utility and Marginal Utility
- 12
- The Cardinal Utility Approach: Consumer Equilibrium under Cardinal Approach- Case 1 – Consumer Equilibrium under Single Commodity Case, Case 2 – Consumer Equilibrium under Multiple Commodity Case
- The Cardinal Utility Approach: Derivation of Demand Curve, Drawbacks of Cardinal Approach
- 13
- Indifference Curve Theory: Assumptions, Indifference Curve
- Indifference Curve Theory: Concept of Marginal Rate of Substitution, Properties of Indifference Curve, Different Shapes of Indifference Curves- Substitute Goods, Complementary Goods, One Good is Necessary, One Good is BAD Good, One Good is a Neutral Good, a Good Turn Bad After Some Point
- 14
- Indifference Curve Theory: Concept of Budget Line, Consumer Equilibrium – Ordinal Approach
- Indifference Curve Theory: The Effect of Change in Income on Consumer Equilibrium ICC, the Effect of Change in Price of the Goods on Consumer Equilibrium PCC
- 15
- Applications of Indifference Curve: Measuring Income Effects of Income and Excise Taxes, Measuring Effects of Excise and Income Subsidies- Choice between Taxes
- Applications of Indifference Curve: Income and Substitution Effects of a Price Change: Normal Good- Hicksian Approach, Slutskian Approach
- 16
- Applications of Indifference Curve: Income and Substitution Effect: Inferior Goods, Giffen Paradox
- Concept of Elasticity: Demand and Supply
- 17
- Concept of Elasticity: Demand Elasticity- Price Elasticity of Demand, Income Elasticity of Demand
- Concept of Elasticity: Determinants of Price Elasticity of Demand, Measuring Price Elasticity from a Linear Demand Function, Measuring Price Elasticity from a Non-Linear Demand Function, Price Elasticity of Supply, Determinants of Price Elasticity of Supply
- 18
- Revealed Preference Theory: The Revealed Preference Theory, Assumptions, Revealed Preference Axioms
- Revealed Preference Theory: Decomposition of Substitution and Income Effect and Derivation of Demand Curve, Derivation of Indifference Curve
- 19
- Revision of Demand by Hicks and Choice Involving Risk: Preference Hypothesis and Logic of Ordering- Difference between Strong and Weak Ordering, Logic of Weak Ordering, the Direct Consistency Test
- Revision of Demand by Hicks and Choice Involving Risk: Derivation of Law of Demand through Logical Weak Ordering Approach, Choice Involving Risk under Uncertainty
- 20
- Inter Temporal Choice: Introduction, Inter Temporal Choice: Budget Constraint- Consumption with Lending, Consumption with Borrowing
- Inter Temporal Choice: Inter Temporal Choice: Consumer Preferences, Optimal Consumer Choice, Effect of Change in Endowment on Inter Temporal Choice, Changes in Interest Rate and Inter Temporal Choice
- 21
- Recent Theories in Demand Analysis: The Pragmatic Approach to Demand Analysis, Linear Expenditure System- The Constant Elasticity of Demand Function, Distributed Lags Models of Demand
- Demand and Its Determinants
- 22
- Demand and Demand Function
- Wiseman-Peacock Hypothesis
The Theory of Revealed Preference [1 Notes- 0.55% Effort]
Theory of Production and Costs [1 Notes- 0.24% Effort]
- 1
- Theory of Production, Properties of Isoquant, Principle of Diminishing Marginal Rate of Substitution
Asymmetric Information [4 Notes- 2.2% Effort]
Theory of Firm [9 Notes- 2.73% Effort]
- 1
- Monopoly: Price Elasticity of Demand & Costs
- Measurement of Degree of Monopoly Power
- 2
- Monopolistic Completion
- Imperfect Competition
- 3
- Monopoly: Features, Competitive Structure
- Micro-Economic Analysis: Features of Monopolistic Competition
- 4
- Micro-Economic Analysis: Features of Oligopoly, Collusive Oligopoly Model, Price and Output Determination under Oligopoly
- Micro-Economic Analysis: Basis of Monopoly, Monopoly Power, Methods
- 5
- Micro-Economic Analysis: Perfect Competition
Factor Pricing [3 Notes- 0.52% Effort]
- 1
- Equilibrium
- Equilibrium under Price Discrimination
- 2
- Social Welfare Function: Social Welfare Function through Social Indifference Curves
Welfare Economics [2 Notes- 1.06% Effort]
Efficiency Criteria [1 Notes- 0.43% Effort]
Macroeconomics [49 Notes- 22.23% Effort]
National Income Accounting [1 Notes- 0.81% Effort]
Determination of Output and Employment [7 Notes- 3.39% Effort]
- 1
- Theory of Consumption
- Life Cycle Hypothesis: Introduction to the Theory, Assumptions of the Theory, Explanation of the Theory
- 2
- Permanent Income Hypothesis: Introduction of the Permanent Income Hypothesis, Relationship between Consumption and Permanent Income
- Permanent Income Hypothesis: Permanent and Transitory Income, Permanent Income, Long-Run and Short-Run Consumption Functions
- 3
- Relative Income Hypothesis: Introduction of Relative Income Hypothesis, Explanation of the Theory through Figure
- Keynesian Approach: Principle of Effective Demand
- 4
- Keynesian Approach: Determination of Effective Demand, Determination of the Equilibrium Level of Employment by Effective Demand
Theories of Consumption [37 Notes- 16.64% Effort]
- 1
- Life Cycle Hypothesis
- Permanent Income Hypothesis and Robert Hall՚s Random Walk Model
- 2
- Absolute Income Hypothesis
- Dale Jorgenson՚s Neoclassical Theory of Capital Accumulation
- 3
- Relative Income Hypothesis
- Adaptive Expectation Hypothesis
- 4
- (Autonomous) Multipliers and Investment Accelerator
- Commercial Banking
- 5
- Interest Rate Determination
- Keynesian Stabilization Policies
- 6
- Money Multiplier
- Non-Banking Financial Institutions
- 7
- Concept of Multiplier
- Demand for Money
- 8
- Is and LM Curve
- Concept of Money Supply
- 9
- Models of Economic Growth
- Inflation: Demand Pull and Cost Push Inflation
- 10
- Types of Inflation and Stagflation
- Commercial Banking: Functions of Commercial Banks, Banking System, Types of Commercial Banks,
- 11
- Central Bank: Functions of Central Bank
- Components of Money Supply: Measures of Money Supply
- 12
- Capital Market and Its Regulation: Speed up Economic Growth and Development, Regulation of Capital Market: Role of SEBI
- Determinants of Supply Money, Expression of Money Multiplier
- 13
- Hicks Business Cycle Theory, the Autonomous Investment
- Low Income Equilibrium Trap
- 14
- Patinkin Approach
- Friedman Approach
- 15
- Baumol Approach: Baumol՚s Inventory Approach to Transactions Demand for Money, Baumol՚s Analysis of Transactions Demand
- Fisher and Cambridge Approach: Fisher՚s Equation of Exchange
- 16
- Fisher and Cambridge Approach: Cambridge Cash Balance Approach
- Tobin Approach: Introduction to the Approach, Tobin՚s Liquidity Preference Function
- 17
- Keynesian Approach: Keynesian Demand for Money, Aggregate Demand for Money: Keynes՚ View
- Model of Kaldor: Explanation of the Model
- 18
- Model of Kaldor: Different Stages of Unstable Equilibrium of S and I
- Model of Samuelson: Assumptions of the Model
- 19
- Model of Samuelson: Explanation of the Model
LM Model and Mundell Fleming Model [4 Notes- 1.37% Effort]
- 1
- General Equilibrium
- Is Curve: Derivation of is Curve, Shift in is Curve
- 2
- LM Curve: Shift in LM Curve
- Effectiveness of Monetary and Fiscal Policy
Statistics, Econometrics and Mathematical Economics [14 Notes- 3.34% Effort]
Probability Theory [14 Notes- 3.34% Effort]
- 1
- Applications of Cramer՚s Rule
- Heteroscedasticity
- 2
- Interquartile Range, Quartile Deviation and Coefficient of Quartile Deviation
- Kurtosis
- 3
- Mean
- Median
- 4
- Mode
- Range
- 5
- Skewness (Karl Pearson & Kelly՚s Method)
- Skewness (Bowley՚s Method)
- 6
- Standard Deviation and Variance
- Types of Mean
- 7
- Statistics and Econometrics (Basics, Events and Probability)
- Statistics and Econometrics (Probability, Central Momemts)
International Economics [22 Notes- 9.91% Effort]
Theories of International Trade [5 Notes- 2.35% Effort]
- 1
- International Trade
- Heckscher Ohlin Theory: Theories of International Trade, Assumptions of the Model, Explanation of the Model
- 2
- Adam Smith Absolute Advantage Theory
- Ricardo Theory of Comparative Advantage: Assumptions, Explanation of the Theory
- 3
- Theory of Reciprocal Demand: Assumptions of the Theory, Explanation of the Theory
Terms of Trade [1 Notes- 0.36% Effort]
Tariff and Non-Tariff Barriers to Trade [2 Notes- 1.2% Effort]
- 1
- The General Agreement on Tariffs and Trade (GATT) : Objectives, Various Conferences, Uruguay Round, Dunkel Draft, Defects of GATT
- General Equilibrium Analysis
WTO and Regional Trade Blocks [2 Notes- 1.06% Effort]
- 1
- WTO: Organisational Structure of WTO, Functions of WTO
- WTO Regime and Environment, Understanding the WTO, Environment on the WTO Schema, the WTO-Environment Debate, Introduction, WTO՚s Environmental Impact over-Rated: Proponents Maintain
Balance of Payments [12 Notes- 4.9% Effort]
- 1
- Consumer՚s Equilibrium: Corner Solutions
- International Monetary Fund: Organisation of IMF, Special Drawing Rights
- 2
- World Bank: Objectives, Organisation, Affiliates for Associate Institutions of World Bank, Functions
- Adjustment Mechanisms
- 3
- Composition: Components of Current Account
- Composition: Components of Capital Account, Autonomous and Accommodating Transactions
- 4
- Balance of Payment Theory: Explanation of the Theory
- Mint Parity Theory: Mint Parity Theory, Mint Parity Theory, Illustration
- 5
- Mint Parity Theory: Mint Parity Theory: Determination and Figure
- Monetary Approach Theory: Explanation of the Theory
- 6
- Portfolio Balance Approach Theory: Explanation of the Theory, Shortcomings of the Theory, Conclusion
- Purchasing Power Parity Theory: Explanation of the Theory
Public Economics [17 Notes- 9.3% Effort]
Market Failure and Remedial Measures [7 Notes- 4.12% Effort]
- 1
- Principle of Private Goods, Public Goods, Merit Goods, Conclusion
- Externality (New 2019) : Types of Externalities, Remedial Measures: Taxes and Subsidies
- 2
- Public Finance
- Private, Public and Merit Goods
- 3
- Concept of Externality (New 2019)
- Asymmetric Information
- 4
- Externality
Public Revenue [10 Notes- 5.18% Effort]
- 1
- Coase Theorem
- Public Budget Kinds of Budgets, Types of Budgets
- 2
- Zero Bases Budgeting, Features of Zero Base Budgeting
- Tax Revenue and None Tax Revenue: Indian Economy: Public Revenue, Tax and None Tax Revenue, Direct Taxes
- 3
- Policies for Controlling Environmental Pollution: Nature of Environmental Problems in India, Various Environmental Legislations in India
- Causes of Environmental Degradation: Types of Environmental Degradation, Causes of Environmental Degradation, Conclusion
- 4
- Valuation of Environmental Goods: Market Prices, Shadow Prices, Hedonic Pricing Method, Dose Response Method, Travel Cost Method
- GST in India: Formation of GST, GST Council, GST Rates
- 5
- GST in India: GSTN, HSN CODE, Types of GST- Central Goods and Services Tax (CGST) , State Goods and Services Tax (SGST) , Integrated Goods and Services Tax (IGST) , Union Territories Goods and Services Tax (UTGST)
- Budget Line
Development Economics [31 Notes- 15.35% Effort]
Theories of Economic Development [10 Notes- 5.89% Effort]
- 1
- J. Schumpeter Theory
- Essential Elements of the Theory
- 2
- Rostow՚s Model
- Schumpeter
- 3
- Big Push Approach
- Adam Smith Theory of Economic Development: Assumptions of the Model, Main Features
- 4
- Ricardo Theory: Assumptions of the Model, Main Features, Other Sources of Capital Accumulation, Stationary State
- Big Push Theory, the Three Indivisibilities, Main Point of the Theory
- 5
- Schumpeter Theory, Essential Elements of the Theory
- Rostow: Traditional Society, the Pre-Conditions for Take-Off, the Drive to Maturity, the Age of High Mass Consumption
Indicators of Economic Development [3 Notes- 1.66% Effort]
- 1
- Millennium Development Goals
- Economic Development
- 2
- Economic Development and Sustainable Development: Different Views on Economic Development, Definition of Economic Development, Sustainable Development
Social Sector Development [11 Notes- 4.99% Effort]
- 1
- Vital Rates: Various Vital Rates
- Life Table: Concepts of Demography, Steps for Constructing Life Table, Separation Factor
- 2
- Demographic Dividend (New 2019) : Definition of Demographic Dividend, Context of Demographic Dividend, Advantages Associated with Demographic Dividend, Challenges Associated with Demographic Dividend
- Demographic Dividend (New 2019) : Way Forward
- 3
- Population Pyramids: Population Pyramids and Demographic Transition
- Population Pyramids: India and China Population Pyramid
- 4
- Social Sector Development: Concept of Social Sector
- Social Sector Development: Component of Social Sector, Importance of Social Sector, Role of Social Sector in Economic Development
- 5
- Fertility
- Mortality
- 6
- Migration (New 2019)
Models of Economic Growth [7 Notes- 2.81% Effort]
- 1
- Technical Progress- Embodied and Disembodied
- Endogenous Growth Models
- 2
- Ramsey Model
- Solow Model
- 3
- Solow Model - Capital Accumulation
- Solow Model - Population Growth
- 4
- Solow՚s Model
Indian Economy [37 Notes- 19.14% Effort]
Economic Growth in India [11 Notes- 5.21% Effort]
- 1
- Balanced Growth
- Investment Criteria Part 1
- 2
- Investment Criteria Part 1: Marginal Growth Contribution Criteria or Otto-Eckenstein Criteria
- Investment Criteria Part 1: Time Series Criteria or Sen Dobb Criteria, Criteria for Special Purposes
- 3
- Role of Agriculture in Indian Economy
- New Agricultural Policy
- 4
- Agricultural Schemes
- Green Revolution
- 5
- Role of Agriculture in India
- Strategies for Rural and Urban Development
- 6
- Schemes Related with Urban Development
Industry & Services Sector [4 Notes- 2.07% Effort]
Infrastructure Development [9 Notes- 5.74% Effort]
- 1
- Public Private Partnerships
- PPP Models
- 2
- Monetary Policy Instruments and Working
- Capital Market
- 3
- Land Reforms
- Reforms in Capital Market
- 4
- Financial Sector Reforms
- Monetary Policy
- 5
- PPP Models
Fiscal Policy in the Indian Context [13 Notes- 6.11% Effort]
- 1
- Demonetization and Aftermath
- Competitiveness of India՚s Exports
- 2
- Balance of Payments
- Balance of Payments – Approaches
- 3
- Unbalanced Growth
- Public Finance: Different Concepts of Budget Deficits, Public Finance, Revenue Deficit
- 4
- Incidence and Effects of Taxation: Effects of Taxation on Distribution, Laffer Curve
- Finance Commission: What Are the Functions of the Finance Commission, Appointment of the Finance Commission and Qualification of Members, Fifteenth Finance Commission Recommendations
- 5
- Public Expenditure
- Public Debt Management
- 6
- Financial Relations between Union and States
- Public Debt
- 7
- Redemption of Public Debt