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IIT JAM 2023 Economics: Download previous year question papers to enhance exam preparation

The Economics subject was introduced in 2021 in the IIT JAM entrance exam, and it is one of the popular opted papers in the entrance exam. IIT JAM 2023 Economics aspirants can download the 2021 and 2022 question paper to have an awareness of exam pattern.

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IIT JAM 2023 Economics:  IIT Guwahati is set to conduct the IIT JAM 2023 exam on 12th February. Economics is one of the recently introduced papers in the IIT JAM entrance exam. The Economics question paper of IIT JAM consists of 60 questions out of which section A is for 30 Marks, Section B for 10 marks and Section C for 20 Marks. The types of questions in IIT JAM include Multiple Choice Questions, Multiple Select Questions and Numerical questions. 

IIT JAM 2023 Economics aspirants can download the previous years' question paper to have an awareness of the exam pattern, syllabus coverage and the kind of questions asked in the exam. The candidates must note the questions from the previous years' question paper of IIT JAM may or may not be released but the concept might get repeated. 

PDF download of IIT JAM Economics previous question papers

Below candidate can check the IIT JAM 2023 Economics Previous Years Question Paper:

Year

Question Paper PDF Link

2021

Click Here

2022

Click Here

IIT JAM 2023 Economics: Exam highlights

Here are the important highlights related to the  IIT JAM 2023 Economics -

Exam Date

12th February 2023

Total Question Asked

60

Exam Duration

3 Hours

Marks 

100

Section In Question Paper

3 (Section A, B, C)

Marks Distribution (Section-Wise)

  • Section A (50)
  • Section B (20)
  • Section C (30)

Best  Books for Economics 

  • Macro Economics Analysis
  • Statistics and Econometrics (B. L. Agarwal)
  • Mathematics For Economists (B.C. Mehta and G.M.K. Madnani)
  • Indian Economy
  • Macro Economics Analysis

Question Type

  • MCQ
  • MSQ 
  • NAT

Microeconomics Syllabus

  • Consumer theory
  • Theory of production and cost
  • General equilibrium and welfare
  • Market structure
  • Game theory
  • Public goods and market failure

Macroeconomics Syllabus

  • National income accounting
  • Behavioural and technological functions
  • Business cycles and economic models
  • Business cycles and economic models
  • Inflation and unemployment
  • Growth models

Statistics for Economics

  • Probability theory
  • Mathematical statistics
  • Hypothesis testing
  • Correlation and regression

Indian Economy

  • Indian economy before 1950
  • Planning and Indian development
  • Indian economy after 1991
  • Banking, finance and macroeconomic policies
  • Inequalities in social development
  • Poverty
  • India’s labour market

Mathematics for Economics

  • Preliminaries and functions
  • Differential calculus
  • Integral calculus
  • Linear algebra
  • Optimization

Marking Scheme

  • Section A  ( ⅓ marks will be deducted For 1 Marks Question and for 2 Marks Question ⅔ will be deducted)
  • Section B (No Negative Marking)
  • Section C (No Negative Marking)

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