UGC NET Economics Exam Analysis 2024, Check Jan 3 2025 Shift 2 Analysis Here

UGC NET Economics Exam Analysis 2024: The National Testing Agency (NTA) has conducted UGC NET Economics Exam for December 2024 session on 3 January 2025 in shift 2 of the Day 1. The UGC NET Economics Exam Analysis 2024 for December cycle saw a moderate to difficult difficulty level, with an emphasis on Microeconomics, Macroeconomics, and Indian Economy. Read the full article to know all about the trends, good attempts, difficulty level and type of questions asked in the UGC NET Economics December 2024 exam.

UGC NET Economics Exam Analysis 2024 Overview, 3 Jan 2025

The UGC NET Economics Exam, conducted on Shift 2 of January 3, 2025, presented candidates with a range of questions. Overall, difficulty level of the exam was moderate, with emphasis on Microeconomics. Here is the overview of UGC NET Economics Exam:

UGC NET Economics Aspects	UGC NET 2024 Overview
Exam Name	UGC NET 2024 December Cycle
Conducting Body	National Testing Agency (NTA)
Subject	Economics
Number of Papers	Two (Paper 1 and Paper 2)
Mode of Exam	CBT (Online)
UGC NET Economics 2024 Exam Date	03 Jan 2025
Exam Duration	3 hours (Paper 1 + Paper 2 together)
UGC NET 2024 Exam Time	Shift – 1 (09:00 AM to 12:00 PM)
Question Type	Multiple Choice Questions (MCQs)
Number of Questions	150
Total Marks	300
Medium of Exam	English and Hindi
Official Website	https://ugcnet.nta.ac.in/

UGC NET Economics Exam Analysis 2024 Paper 1, 3 Jan 2025

The UGC NET Economics Exam Analysis 2024 for Paper 1, conducted on 3rd January 2025, showcased an emphasis on policies and research aptitude with a balanced focus on Teaching Aptitude, logical reasoning and ICT, with a moderate difficulty level. For Economics candidates, good attempts ranged between 37-41 questions, indicating a fair scoring opportunity.

UGC NET Paper 1 Section	Difficulty Level	Good Attempts
Teaching Aptitude	Easy to Moderate	4–5
Research Aptitude	Moderate	3–4
Comprehension	Moderate to Difficult	3–4
Logical Reasoning	Moderate	3–4
Data Interpretation	Moderate to Difficult	3–4
Mathematical Reasoning	Moderate	3–4
ICT	Easy to Moderate	4–5
Higher Education System	Moderate	3–4
Communication	Easy	4–5
People & Environment	Moderate	3–4

UGC NET Paper 1 Exam Analysis 2024, Shift 1

UGC NET Economics Exam 2024 Paper 1 Question Analysis

As per the students the UGC NET Economics exam 2024 paper for December session was moderate and lengthy in nature. Here are some of the topics of UGC NET Economics Paper 1 Shift 2 (3 Jan 2025) from where questions were asked in the exam:

• Mathematical Reasoning and Aptitude:
  • Missing DI
  • Number Series – Square root pattern
  • Algebraic identities
  • Direction
• Logical Reasoning
  • Coding-Decoding
  • Mood and Figure
  • Attribute of argument
• ICT:
  • Match the following: JAVA/ ROM/ Mainframe/ LAN
  • Microsoft Excel
• Communication:
  • Mass Media – Roles
  • Noise Barriers
  • Implicit and explicit information
• People, Development and Environment:
  • Inexhaustible Sources
  • Vehicles fuels arrangement
  • Waste Water Treatment
• Higher Education System
  • Vikramshila University is related to which sects? Ans: Buddhism
  • Open University Chronology
  • Who established the Sanskrit College at Benaras in 1791? Ans: Jonathan Duncan
• Research Aptitude:
  • APA style of referencing
  • Z Hypothesis Test
  • Low road transfer and high road transfer

UGC NET Economics Exam 2024 Paper 2

The UGC NET Economics Exam 2024 was conducted in the shift 2 of the 03 January 2025. The level of difficulty was moderate. Good attempts for Economics was 65-75 questions overall. Here’s a topic-wise analysis for the UGC NET Education Paper 2 including difficulty level and good attempts:

UGC NET Economics Topics	Number of Questions	Difficulty Level	Good Attempts
Microeconomics	12-15	Moderate to Difficult	8-12
Macroeconomics	10-12	Moderate	7-10
International Economics	8-10	Moderate	6-8
Development Economics	6-8	Moderate to Difficult	4-6
Indian Economy	10-12	Moderate	7-10
Statistics and Econometrics	6-8	Moderate to Difficult	4-6
Public Economics	4-6	Moderate	3-4
Environmental Economics and Demography	4-6	Moderate to Difficult	3-4
Mathematical Economics	3-5	Difficult	2-3
Growth and Development	5-7	Moderate	4-5
Total	100	Moderate to Difficult	65-75

UGC NET Economics Exam 2024 Paper 2 Question Analysis

The UGC NET Economics Exam 2024 for December session was of easy to moderate level. Here are the topics from which questions were asked in the exam held on 3 Jan 2025 in the shift 2:

• Micro Economics:
  • Theory of Demand
  • Marginal Utility
  • Cardinal and Ordinal Utility
  • Indifference Curve – Theory type of Question
  • Cobb-Douglas utility function
  • Monopolistic Competition
  • Game Theory – Nash equilibrium
  • Constant elasticity of substitution (CES) production function
  • Opportunity Cost
  • Ricardian theory of opportunity cost
• Macro Economics:
  • Rational Expectations
  • Baumol-Tobin model
  • National Income
  • Keynesian wage-price rigidity theory
  • Absolute And Relative Income Hypothesis – Match the following type of question
  • Philips Curve
  • Autonomous Investment Function
  • Life Cycle Hypothesis (LCH) theory
  • Quantity Theory of Money
  • IS-LM Model
• International Economics:
  • Terms of Trade
  • Optimum Theory
  • Product Life Cycle
  • Exchange Rate
  • World Bank chronology
• Statistics and Econometrics:
  • Numerical on Regression Models
  • Index Number
  • Sampling – 2 questions
  • Simultaneous Equation Models
  • Durbin-Watson test – Match the following
  • Autocorrelation, multicollinearity, and heteroscedasticity
  • Stationary and Non-Stationary
  • Probability (theory)
• Mathematical Economics:
  • Matrix
  • Linear Progression
• Growth and Development:
  • Adam Smith, Ricardo
  • Big Push Theory
  • Zero sum game
  • Harrod-Domar model
  • Harris-Todaro model- rural-urban migration
  • Endogenous Growth Model
  • Rural scheme statements

UGC NET Economics Exam 2024 Marking Scheme

The exam for UCG NET Economics 2024 comprises of 150 questions, carrying a total of 300 marks. There is no negative marks for un-attempted or wrong responses.

Type of Response	Marks
Correct Answer	+2
Incorrect Answer	0 marks (No negative marking)
Unanswered Question	0 marks

UGC NET Economics Exam Analysis 2024 FAQs