‘wa2017 Economies Paper 2—Reluctant Econemis
Reluctant Economist
UPSC CSE preparation guide
Economics Paper 2
Economics Paper 2 is entirely about the Indian economy. Given past trends, I
thought that if I prepare Eco 2 really, really well, I could score 160-170 marks
here, because people have got very high marks in the past. Consequently, I spent
way too much time preparing for this, especially given the fact that it’s a relatively
easy to prepare paper. I thought I wrote good answers in the exam, and was
hoping that this will be the paper that gets me the IFS job.
As things turn out, I did get a good rank, but no thanks to Eco paper 2. The highest
mark I’ve seen in this paper in 2015 is 120; I got 119. So, relatively my marks are
still okay, but given that some of the other toppers have 140+ in both their
optional papers, it was very surprising to see Eco 02 suddenly butchered this year
like this.
Usually, Uma Kapila is a good place to start, but by no stretch of imagination does
it cover the syllabus. You need to actively and wisely use the internet. I took an
EPW online subscription, and used the search function extensively. For WTO,
TRIPS, TRIMS etc., and for a lot of other topics, this was really useful. Basically, I
would search for key words from the syllabus and read whatever relevant articles
came up on EPW. (Note: much to my horror, I discovered quite late that there is no need
to read the Uma Kapila book I’d been reading, which was monstrously fat. After I’d already
read and made notes from this fat book, I discovered that there is a much smaller, concise
edition also available (this one). I’d recommend only buying the concise edition- the fat
book is an anthology, where several writers have contributed. In the second one, Uma
Kapila summarises all their arguments under relevant themes. Whatever you'll get out of
the fat book, you can also get out of the thin book).
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