Economics Preparation Study Plan for MPPSC Examination: Check Tips and Strategy

By Abhishek Jain |Updated : January 28th, 2022

Economics Preparation Plan for MPPSC Examination: In the MPPSC Economics Paper, many questions are asked from the Madhya Pradesh Economy like- GDP of Madhyapradesh, Budgets etc. apart from the Madhya Pradesh Economics current affair play a significant role in the MPPSC Economics Paper so the best way to cover the whole economics for the MPPSC Exam is that you have to understand the basic terms of economics and enhance your knowledge by regularly reading the article given in newspapers. 

Table of Content

Madhya Pradesh Public Service Commission conduct the Madhya Pradesh Public Service Exam for the various posts. The MPPSC Exam Notification has been released and the MPPSC 2022 prelims exam will be held on April 24, 2022. This article will help the Aspirant to boost their Preparation

Events

Date

MPPSC 2022 Notification Release date

December 22, 2021

MPPSC 2022 Application form Start

January 10, 2022

MPPSC 2022 Application last date

February 9, 2022

MPPSC 2022 Prelims Exam Date

April 24, 2022

Importance of Madhya Pradesh Economics

Madhya Pradesh Economy plays a significant role in not only MPPSC Prelims Exam but even MPPSC Mains Exam. Madhya Pradesh Economy not only covers the statistical part of the economy but also the Human Development, Economy of Madhya Pradesh etc. The Weightage of the subject is about 20-25% (40- 50 Marks Out of 200). Which is a significant proportion and with a good understanding, easily more than 90 % of the question can be solved.

MPPSC Economics- How to begin?

To start the preparation of economics for MPPSC first go through the syllabus, analyze the previous year papers and work on your basic understanding of the economy. Start your Preparation with a Basic NCERT Book. You can start perusing NCERT books for Economics from Class 6-10 levels, Start altogether perusing newspapers consistently. 

Weightage of Economics In MPPSC Examination

Year

Number of Question 

Nature of the Question

2017

15

Easy to Moderate

2018

11

Easy to Moderate

2019

15

Easy to Moderate

2020

02

Easy to Moderate

2021

02

Easy to Moderate

Economics MPPSC- Syllabus 

  • National Income.
  • Consumer behaviour
  • Price Theory
  • Money and Banking
  • International Trade
  • Economic Growth and Development
  • Indian Economy

Important Books for MPPSC Economics

NCERT’s

Class

Indian Economic Development Class- 11

Class- 11

Statistics for Economics Class-11

Class-11

Introductory Microeconomics Class- 12

Class- 12

Introductory Macroeconomics Class- 12

Class- 12

Reference Book:

Book Name

Author

The Indian economy

Sanjeev Verma

Indian Economy

Ramesh Singh

 Important tips for the MPPSC Economics

  • 20-25% of paper comes from it.
  • It is one of the most predictable, static plus current and easiest to score areas.
  • Questions are moderate in difficulty level.
  • Helps Even when you are in service.
  • The dynamic portion is mostly asked through the static one. 
  • Understand the basic concepts Like GDP, GNP, Repo rate, Reverse repo rate etc.
  • Economics is a very dynamic subject and is very important to understand the application of the concept. You have to apply what you learned. 
  • Most of the questions are easy to moderate, if you have read your study material properly, you will get it right.
  • Only use simple terms, sentences don't use sophisticated language.
  • Few of the questions are extremely difficult so don't change your strategy based on these.
  • Look for the related government scheme.
  • Look for the related provisions for the same concept in the Madhya Pradesh Budget.
  • Have a basic idea about the background and performance of the subject in past.
Check Related Important Links:
MPPSC ExamMPPSC Exam Pattern
MPPSC SyllabusMPPSC Preparation Tips
MPPSC Question PapersMPPSC Books
MPPSC Study PlanMPPSC Cut Off
MPPSC Study Material 

Free Study Notes (Hindi/English)

Current Affairs (Daily/Weekly/Monthly) PDF

NCERT Books/Summary PDF (Hindi/English)

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FAQs

  • Practice, practice and practice try to solve huge number of mcq and previous year question of economics and relate the static portion with Budget, Economic Survey etc.

  • Along with the knowledge, skill component is important for the exam, try to understand the basic concept of economics with current affairs and focus on the key points of economics like poverty, repo rate, revenue etc and always remember practice is a key of success

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