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

By BYJU'S Exam Prep

Updated on: September 13th, 2023

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. 

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 2023 prelims exam will be held on May 21, 2023. This article will help the Aspirant to boost their Preparation



MPPSC 2023 Notification Release date

December 30, 2022

MPPSC 2023 Application form Start

February 9, 2023

MPPSC 2023 Application last date

February 11, 2023

MPPSC 2023 Prelims Exam Date

May 21, 2023

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


Number of Question 

Nature of the Question



Easy to Moderate



Easy to Moderate



Easy to Moderate



Easy to Moderate



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



Indian Economic Development Class- 11

Class- 11

Statistics for Economics Class-11


Introductory Microeconomics Class- 12

Class- 12

Introductory Macroeconomics Class- 12

Class- 12

Reference Book:

Book Name


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 Exam MPPSC Exam Pattern
MPPSC Syllabus MPPSC Preparation Tips
MPPSC Question Papers MPPSC Books
MPPSC Study Plan MPPSC Cut Off
MPPSC Study Material  

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