IIT JAM Economics Syllabus: IIT JAM Economics test is a gateway for all candidates looking to take admissions in postgraduate programs by IITs. To crack your exam with a good score, you should be well-aware about the IIT JAM Economics Syllabus. You can know about section-wise topics and download the syllabus PDF from the official website to start your preparation.
IIT JAM Economics Syllabus 2025 Overview
IIT JAM Economics Syllabus 2025 covers all important topics that have high chances of coming in the IIT JAM economics exam. Understanding the entire economics syllabus is the first step to start your exam preparation. You should know about section-wise syllabus and the importance of several topics. This can help you cover all topics of the syllabus on time. The syllabus is divided into several main units like microeconomics, macroeconomics, statistics, Indian economy and other vital topics. You should prepare all these topics thoroughly.
Section-Wise IIT JAM Economics Syllabus 2025
The IIT JAM syllabus for Economics is divided into five sections which cover the entire syllabus. Below, is the section-wise breakdown of IIT JAM Economics Syllabus. This can help you better understand all sections and their related topics.
IIT JAM Microeconomics Syllabus
Microeconomics is an important branch of Economics. IIT JAM Microeconomics Syllabus is divided into various topics and subtopics based on fundamental and advanced level concepts.
| IIT JAM Microeconomics Syllabus | |
| Topics | Subtopics |
| Consumer Theory | Budget constraint and choice, Preference, utility, and representation theorem |
| Production Cost | Technology and isoquants, short-run and long-run costs, cost curve in short and long run |
| Market Structure | Price discrimination, monopoly and pricing, Monopolistic competition, and oligopoly |
| Game Theory | Nash equilibrium, Strategic form game, Nash equilibrium, Iterated elimination of dominated strategies |
IIT JAM Macroeconomics Syllabus
IIT JAM Macroeconomics Syllabus covers the topics on macroeconomics level. The table below gives you a clear-cut understanding of all the vital topics that you should cover in your preparation.
| IIT JAM Macroeconomics Syllabus | |
| Topics | Subtopics |
| National Income | Key concepts, Accounting: concept, measurement, Examining money, fiscal, and foreign sector variables |
| Behavioral and Technological Functions | Analyzing consumption functions, absolute income hypothesis, life-cycle hypothesis, investment functions , production function |
| Business Cycles and Economic Models | Business cycles facts and features, Keynesian Cross Model, IS LM Model, Hicks’ IS-LM synthesis |
| Inflation and Unemployment | Theories of inflation, causes, and the effects of inflation, types of unemployment, impact of unemployment on the economy |
IIT JAM Statistics Syllabus
IIT JAM Statistics Syllabus covers all vital topics like probability theory, sampling, random variables, hypothesis testing and other. You need to cover all these topics to score well in the IIT JAM Economics exam.
IIT JAM Statistics Syllabus
| Probability theory, Axioms of probability and properties, sampling space and events, Bayes’ rule |
| Probability distribution, expected values and functions of random variables, discrete and continuous distributions |
| Random sampling, covariance and correlation coefficients |
| Density and distribution functions for random variables, Point and interval estimation, properties of estimators |
| Hypothesis testing, power of a test, Type I and Type II errors, hypothesis testing related to population parameters |
IIT JAM Indian Economy Syllabus
Indian Economy topics cover several concepts related to economic history, development and other related topics. You can have a detailed understanding of all these topics to score well.
| IIT JAM Indian Economy Syllabus | |
| Indian economy before 1950 | Planning models, deindustrialization of India |
| Planning and Indian development | Agricultural and industrial growth, Challenges faced by Indian planning |
| Indian economy after 1991 | Reforms in trade and foreign investment, economic reforms in India after 1991 |
| Banking, finance, and macroeconomic policies | Financial sector reforms in India, Cash Reserve Ratio, Statutory Liquidity Ratio |
| Poverty | Issues in poverty estimation in India, Methodology of poverty estimation |
IIT JAM Mathematics Syllabus
IIT JAM Economics syllabus for Mathematics include certain topics and concepts to test the conceptual knowledge of all candidates. Below, is the breakdown of all important topics:
| IIT JAM Mathematics Syllabus | |
| Topics | Subtopics |
| Preliminaries and Functions of one real variable | Number theory and set theory. Graphs, elementary types of functions, sequences and series, algebraic properties |
| Linear algebra | Systems of linear equations, determinants, Scalar products, norms, orthogonality |
| Functions of several real variables | Differentiable functions, Second-order derivatives, The implicit function theorem, Homogeneous and homothetic functions |
IIT JAM Economics Syllabus Download PDF
Candidates who want to access IIT JAM Economics Syllabus can download it from the official website of IIT JAM. To simplify your process, the link below is provided for downloading the PDF.
| IIT JAM Economics Syllabus – Download PDF | |
| Downloading link | 7daa9a84-9724-4836-9426-287163e75b41.pdf |
IIT JAM Economics Syllabus – Best Books
Good books for IIT JAM Economics Syllabus play a key role in covering all important topics. These books include all important topics that you should learn to get a good IIT JAM score in your Economics paper. Below, we have made a breakdown of the best IIT JAM Economics books.
| IIT JAM Economics Syllabus – Best Books | |
| Books | Author Name |
| Micro Economics | Anna Koutsoyiannis, H.L. Ahuja |
| Indian Economy | Mishra & Puri |
| Macro Economics Analysis | Edward Shapiro, H.L. Ahuja |
| Statistics and Econometrics | BL Agarwal |
