ECONOMY CAPSULE COURSE for PRELIMS 2024

by
VIVEK SINGH
(Offline & Online Both Modes)
1. Start Date: 28th Feb. 2024
2. End Date: 12th March. 2024
3. Class Timings: 2.00 pm to 4.30 pm (Regular classes with Sunday off)
4. 12 classes of 2.5 hours each, totalling 30 hours
5. Vivek sir will take physical classes in Delhi (Unacademy Offline Centre) and the
students can attend offline classes as well as live online.
6. Offline and online students will get access to recorded videos till 25th May 2024
7. Videos can be watched any number of times
8. The course will cover both the static and current issues of economy including
relevant previous year survey and budget
9. It will be a one-stop-solution for prelims economy. Its not just a revision course,
rather it will thoroughly cover the entire syllabus but will be little bit faced paced.
10. PYQs and other Questions (tough ones from ECO 450) will also be discussed from
all the topics during the class
11. Whatever will be taught during the class, students can access that class notes
online (pdf). Hard copy of notes will not be provided.
12. The Course will be strictly in ENGLISH language.
13. A telegram group will be created where online and offline students can ask doubts
till 25th May and Vivek sir will respond to all your doubts. All your doubts from
the class will be responded the same day.
14. The course will target UPSC CSE Prelims 2024 but majority of the portion is also
relevant for other exams too like RBI/SEBI/NABARD/State PSCs
15. Fee for offline students is Rs. 4720 (including GST)
16. Fee for online students is Rs. 2999 (including GST)
17. Fee will not be refunded in any case
18. Course will be offered on Unacademy Platform and student will be paying to
Unacademy. In no case Vivek sir is responsible in any manner. For all operational
things student need to contact Unacademy. For any academic doubt students
can contact Vivek sir through telegram/group.
19. Contact Details: Unacademy Offline Centre, Tiwari House, Pusa Road, Opp. To
BLK Hospital, Near Rajinder Place Metro Station, NewDelhi, Phone No.+91
8147045876
 Economy Prelims Course Lecture Plan
SN Topics & Description (12 Classes, 30 hours)

1. Fundamentals of Macroeconomics
 Consumption & Capital goods
 Circular flow of Income, Investment & Savings
 Value added, Expenditure & Income Approach of GDP
 GDP, GNP, NDP, National Income
 Market Price, Factor Cost
 Real & Nominal GDP, Base effect
 Per capita income
 Economic growth drivers
 Difference between economic growth and development
 Human Capital Formation
 Productivity, Capital formation
 Inflation Indices: GDP deflator, CPI, WPI
 Nominal, PPP and Real Exchange Rates

2. Money & Banking

 Exchange Rate Systems
 Securities and its types
 Financial Markets
 Types of Companies
 Money Supply
 Money circulation between RBI, Banks, Public and Govt.
 Money Creation, Monetary Base & Money Multiplier
 Monetary Policy and its tools
 Base Rate, MCLR and External benchmark rate
 Indian Financial System (Banks and Non-Banks)
 RBI and its functions
 RBI’s sources of Income and Economic Capital Framework
 Basel Norms (Capital Adequacy Ratio)
 FDI (& ODI), FPI, ECB, Masala Bonds, ADR/GDR
 Currency Swap
 Disinvestment and Strategic Disinvestment
 Balance of Payments and Rupee Convertibility
 Types and causes of inflation, Liquidity Trap
 Crypto Currency and Central Bank Digital Currency
 SARFAESI Act 2002
 Insolvency and Bankruptcy Code (IBC) 2016

3. Government Budgeting
 Budget Process and various types
 Government Accounts
 Revenue & Capital Budget
 Fiscal, Revenue and Primary Deficits
  Fiscal Policy and its types
 Perspectives on Deficit and Debt
 Monetization of Deficit and Deficit Financing
 FRBM Act 2003
 India’s Tax system
 Various types of taxes, direct and indirect, GST and Tax reforms
 Funds transfer from Centre to States

4. Miscellaneous topics
 Agriculture and supply chain schemes
 Different types of subsides and schemes
 Unemployment and social security related schemes
 Schemes and Index related to industries
 International organizations like World Bank, IMF, WTO, AIIB, NDB

5 Following will be done along with all the topics

 Current Issues
 MCQ Practices
 Graphs and Facts