TNPSC Group 4 Economics Syllabus 2024, Detailed Syllabus

TNPSC Group 4 Economics Syllabus 2024

The economics syllabus 2024 for TNPSC Group 4 exam covers broad topics like basic economic concepts, Indian economy, Tamil Nadu economy, agriculture, industry, trade, money and banking, economic reforms, and sustainability. Aspirants need to study the fundamentals of economics, India’s economic policies, growth and development indicators, agriculture and industry sectors, banking and insurance, economic planning, and environmental economics.

TNPSC Group 4 Economics Syllabus 2024 Overview

Having strong conceptual knowledge about economic theory, the functioning of Indian and Tamil Nadu’s economy, and current socio-economic issues is crucial for attempting questions correctly.

Topic	Sub Topic
General Economics	Basic economic principles – scarcity, choice, opportunity cost Demand and supply – determinants, elasticity, equilibrium National income – concepts, measurement Inflation – types, causes, effects Monetary policy – tools, objectives Fiscal policy – budget, taxation
Indian Economy	Economic development – growth, sectors Financial institutions – RBI, banks, SEBI Poverty alleviation schemes Agriculture sector – issues, reforms Industrial sector – evolution, issues Demographic indicators – population, health, education
Tamil Nadu Economy	Growth and development Agriculture – major crops, issues Industries – evolution, industrial clusters Services sector – growth, IT industry Infrastructure – transport, energy, communication
Agriculture	Types of farming – subsistence, commercial Cropping patterns, major crops Issues in agriculture – low productivity, financing  Agricultural reforms – Green Revolution, biotechnology
Industry	Industrial sectors – primary, secondary, tertiary  MSME sector – role, issues  Industrial policies and reforms
Money and Banking	Money – functions, supply  Commercial banks – functions, types  RBI – functions, tools, monetary policy Financial markets – primary, secondary markets

Detailed Syllabus of TNPSC Group 4 Economics Syllabus

The Economics syllabus for Group four exam of TNPSC covers topic from General Economics, Indian Economics and Tamilnadu Economics. Aspirants going for the TNPSC Group 4 exam, must thoroughly follow the TNPSC Group 4 Syllabus.

Following list presents the Detailed economics syllabus:

Economics Syllabus 2024: General Economics

• Basic economic principles
  • Scarcity, choice, opportunity cost
  • Production possibility curve
  • Demand, supply, equilibrium
  • Efficiency, equity, growth
• Demand and supply analysis
  • Determinants of demand and supply
  • Elasticity – types, measurement, factors affecting
  • Market equilibrium, disequilibrium, effect of shifts in demand and supply
• National income
  • GDP, GNP – concepts, measurement
  • Sectoral contribution – primary, secondary, tertiary
• Inflation
  • Types – demand-pull, cost-push
  • Causes – demand and supply side factors
  • Effects – impact on economy, society
• Monetary policy
  • Objectives – price stability, economic growth
  • Tools – CRR, SLR, Repo Rate, Open Market Operations
  • Expansionary and contractionary monetary policy
• Fiscal policy
  • Government budget – revenue, expenditures, deficit
  • Types of taxation – direct, indirect taxes
  • Effects of fiscal policy on economy

Economics Syllabus 2024: Indian Economy

• Economic development
  • Economic growth – factors, indicators
  • Sectoral contribution – agriculture, industry, services
  • Issues – poverty, unemployment, regional disparities
• Financial institutions
  • RBI – functions, tools, monetary policy
  • Commercial banks – functions, types
  • SEBI – role, functions in capital markets
• Poverty alleviation schemes
  • Employment generation programs
  • Food security programs
  • Rural development schemes
• Agriculture sector
  • Issues – low productivity,fragmented land holdings
  • Reforms – Green Revolution, White Revolution
  • Food processing, supply chain improvements
• Industrial sector
  • Evolution of industries in India
  • Issues – capital, infrastructure, labor regulations
  • Industrial policy reforms – delicensing, liberalization
• Demographic indicators
  • Population growth, composition, trends
  • Health – indicators, programs and policies
  • Education – indicators, schemes, skill development

Economics Syllabus 2024: Tamilnadu Economy

• Growth and Development
  • GSDP growth rate and trends
  • Per capita income – indicator of development
  • Sectoral contribution – primary, secondary, tertiary
  • Employment generation
  • Poverty reduction
  • Human Development Index
• Agriculture Sector
  • Major crops – paddy, millets, pulses, cotton
  • Issues – low productivity, small landholdings, finance
  • Initiatives – micro irrigation, crop insurance, supply chain
• Industrial Sector
  • Evolution of industries in Tamil Nadu
  • Key industries – automobiles, textiles, leather, IT/ITES
  • Industrial clusters – reasons for concentration
  • SEZs and industrial infrastructure
• Services Sector
  • Contribution to Tamil Nadu’s economy
  • Growth of IT industry
  • Medical tourism – growth potential
  • Education and skill development services
• Infrastructure
  • Transport – roads, railways, ports, airports
  • Energy – conventional and renewable sources
  • Communication networks
  • Industrial corridors
• Public Finance
  • Sources of revenue
  • Major expenditure heads
  • Budgetary process
  • Deficits and debts
• Initiatives by State Government
  • Industrial policies – incentives, subsidies
  • MSME promotion schemes
  • Skill development programs
  • Rural and agriculture development schemes

Aspirants should focus on NCERT economics textbooks and reference books to adequately prepare for the economics syllabus. Thorough understanding of core economic principles along with familiarity with Tamil Nadu’s economy is key to score high marks in the economics section of TNPSC Group 4 exam.

TNPSC Group 4 Economics Syllabus 2024 FAQs