Syllabus of IES and ISS Exam
UPSC (Union Public Service Commission) conducts Exam for Indian Economic Service (IES) and Indian Statistical Service (ISS).
The Syllabus of Indian Economic Service (IES) and Indian Statistical Service (ISS) Exam are....
A. Syllabus of IES [Indian Economic Service] -
| Subject | Marks |
|---|---|
| General English | 100 |
| General Studies | 100 |
| General Economics-I | 200 |
| General Economics-II | 200 |
| General Economics III | 200 |
| Indian Economics | 200 |
1. General English -
a. Eassy Writing in English Language
b. Understanding of English language sentences and vocabulary
c. Guess the answers based on Passages
2. General Studies -
a. General Knowledge - Current Events or Affairs
b. Indian Polity
c. History of India
d. Indian Geography
3. General Economics I -
a. Theory of Consumer's Demand - Cardinal utility Analysis, Marginal utility & demand, Consumer’s surplus, Indifference curve Analysis and also utility function, Price income & substitution effects, Slutsky theorem and derivation of demand curve, Revealed preference theory, Duality and indirect utility function and expenditure function, Choice under risk and uncertainty.
b. Theory of Production - Factors of production and production function, Forms of Production Functions - Cobb-Douglas, CES and Fixed coefficient type, Translog production function, Laws of return, A return to scale and characteristics of production, duality and workforce, measurement of sustainable production, technology and efficient division of labor, piece and parcel structure, stability and trade balance.
c. Theory of Value - Pricing under different market structures, public sector pricing, marginal cost pricing, peak load pricing, cross-subsidy free pricing and average cost pricing, Marshallian and Walrasian stability analysis.
d. Theory of Distribution - Neo classical distribution theories; Marginal productivity theory of determination of factor prices, Factor shares and adding up problems, Euler’s theorem, Pricing of factors under imperfect competition.
e. Welfare Economics -Inter-personal comparison and aggregation problem, Public goods and externality, Divergence between social and private welfare, compensation principle, Pareto optimality, Social choice and other recent schools, including Coase and Sen and Game theory.
f. Mathematical Methods in Economics - Differentiation and Integration and their application in economics, Optimization techniques, Sets, Matrices and their application in economics, Linear algebra and Linear programming in economics and Input-output model of Leontief.
g. Statistical and Econometric Methods - Measures of central tendency and dispersions, Correlation and Regression, Time series, Index numbers, Sampling and Survey methods, Testing of hypothesis, simple non-parametric tests, Plotting curves based on various linear and nonlinear functions, least squares and other multivariate analysis (such as hypothesis and interpretation of results only), ANOVA, statistical significance, analysis of key message elements, Discriminant analysis, Income distribution - Pareto law , lognormal distribution, measurement of income inequality, Lorenze curve & Gini coefficient.
4. General Economics II -
a. Economic Thought - Mercantilism Physiocrats, Clasical, Marxist, Neo-classical, Keynesian and Monetarist schools of thought.
b. Concept of National Income and Social Accounting - Measurement of National Income, Inter relationship between three measures of national income in the presence of the Government sector and International transactions. Environmental considerations, Green national income.
c. Theory of employment, Output and Inflation - The Classical theory of Employment and Output and Neo classical approaches. Equilibrium, classical and neoclassical analysis, Keynesian employment and output theory, post-Keynesian growth, inflation gap, demand-side inflation versus price-side inflation, Phillips curve and its policy implication, Classical theory on Money, Quantity theory of Money & also Friedman’s quantity theory, The supply and demand for loanable funds & equilibrium in financial markets, Keynes’ theory.
d. Financial and Capital Market - Finance and economic development, financial markets, stock market, gift market, banking and insurance, Equity markets, Role of Primary and Secondary markets and efficiency, Derivatives markets, Futures and options.
e. Economic Growth and Development - Concepts of Economic Growth and Development and their measurement: characteristics of less developed countries and obstacles to their development – Growth, poverty and income distribution, development theory - Classical Approach - Adam Smith, Marx and Schumpeter - Neoclassical Approach, Robinson, Solow, Kaldor and Harold Dormer, Economic Development Theory, Rostow, Rosenstein- Roden, Nursk, Hirschman, Leibenstein and Arthur Lewis , Armin and Frank (dependent school) roles of the state and the market, utilitarian and welfare approaches to social development and AK Sen's Criticism, Sen's Approach to Economic Development Capacity, Human Development Index, Material Quality of Life Index and Human Poverty Index.
f. International Economics - Gains from International Trade, Terms of Trade, policy, international trade and economic development – Theories of International Trade, Ricardo, Haberler, HeckscherOhlin and Stopler-Samuelson – Theory of Tariffs – Regional Trade Arrangements.
g. Balance of Payments - Disequilibrium in Balance of Payments, Mechanism of Adjustments, Foreign Trade Multiplier, Exchange Rates, Import and Exchange Controls and Multiple Exchange Rates.
h. Global Institutions - UN agencies dealing with economic aspects, World Bank, IMF and WTO, Multinational Corporations.
5. General Economics III -
a. Public Finance - Theories of taxation: Optimal taxes and tax reforms, incidence of taxation, Theories of public expenditure - objectives and effects of public expenditure, public expenditure policy and social cost benefit analysis, criteria of public investment decisions social rate of discount, shadow prices of investment, unskilled labour and foreign exchange, Budgetary deficits, Theory of public debt management.
b. Environmental Economics - Environmentally sustainable development, Green GDP, UN Methodology of Integrated Environmental and Economic Accounting, Environmental Values - Users and non-users values; option value, Valuation Methods - Spread and disseminate interests, create environmental management tools - pollution taxes and permits, collective and informal management by local communities, resource use and renewal, international environmental treaties, climate issues, the Kyoto Protocol, tradable permits and carbon taxes.
c. Industrial Economics - Market structure, conduct and performance of firms, product differentiation and market concentration, monopolistic price theory and oligopolistic interdependence and pricing, entry preventing pricing, micro level investment decisions & also the behavior of firms, research & development & innovation, market structure & profitability, public policy & development of firms.
d. State, Market and Planning - Planning in a developing economy, Planning regulation and market, Indicative Planning, Decentralised Planning.
6. Indian Economics -
a. History of Development and Planning - Alternative Development Strategies – goal of self reliance based on import substitution and protection, the post 1991 globalisation strategies based on stabilization and Structural reforms - economic reforms, economic reforms and economic reforms.
b. Federal Finance - Constitutional provisions relating to fiscal and financial powers of the states, Finance Commissions and their formulae for sharing taxes, Financial aspect of Sarkaria Commission Report, Financial aspects of 73rd and 74th Constitutional Amendments.
c. Budgeting and Fiscal Policy - Tax, expenditure, budgetary deficits, pension and fiscal reforms, Public debt management and reforms, Fiscal Responsibility and Budget Management (FRBM) Act, Definition, Forecasts, History, Formation and Treatment of Indian Black Money and Parallel Economy.
d. Poverty Unemployment and Human Development - Estimates of inequality and poverty measures for India, appraisal of Government measures, India’s human development record in global perspective, India’s population policy and development.
e. Agriculture and Rural Development Strategies - Technologies and institutions, land relations and land reforms, rural credit, modern farm inputs and marketing – price policy and subsidies, commercialization and diversification, Rural development programs include poverty reduction programs, economic and social development programs, and new programs for urban employment.
f. India’s experience with Urbanisation and Migration - Different types of migratory flows and their impact on the economies of their origin and destination, the process of growth of urban settlements; urban development strategies.
g. Industry - Strategy of Industrial development -Industrial Policy Reforms, Reservation Policy relating to small scale industries, Competition policy, Sources of industrial finances, Bank, share market, insurance companies, pension funds, Non-bank sources and foreign direct investment, the role of foreign investment in direct and portfolio investments, public sector reform, privatization and liquidation.
h. Labour - Employment, unemployment and under-employment, industrial relations and labour welfare – strategies for employment generation – Urban labour market and informal sector employment, Report of National Commission on Labour, Social issues relating to labour.
i. Foreign Trade - Salient features of India’s foreign trade, composition, direction and organization of trade, recent changes in trade policy, balance of payments, tariff policy, exchange rate, India and WTO requirements.
j. Money and Banking - Financial sector reforms, Organisation of India’s money market, changing roles of the Reserve Bank of India, commercial banks, development finance institutions, foreign banks and Non-Bank Financial Institutions, Indian Capital Market and SEBI, Development of International Financial Markets and Relation to Indian Finance.
k. Inflation - Inflation Definition, its trends, its estimates, consequences and remedies (control) - Wholesale Price & Consumer Price Index.
B. Syllabus of Indian Statistical Service (ISS) -
| Subject | Marks |
|---|---|
| General English | 100 |
| General Studies | 100 |
| Statistics-I (Objective Type) | 200 |
| Statistics-II (Objective Type) | 200 |
| Statistics-III (Descriptive Type) | 200 |
| Statistics-IV (Descriptive Type) | 200 |
1. General English -
a. Eassy Writing in English Language
b. Understanding of English language sentences and vocabulary
c. Guess the answers based on Passages
2. General Studies -
a. General Knowledge - Current Events or Affairs
b. Indian Polity
c. History of India
d. Indian Geography
3. Statistics-I (Objective Type) -
a. Probability - Classical & Axiomatic Definition of Probability, Law of total probability, Conditional probability, Bayes’ theorem and applications, Discrete and continuous random variables, Standard discrete & continuous probability distributions, Convergence patterns, leg thiab conditional expectations, inversion, uniqueness and continuity theorems, Borel's 0-1 law, Kolmogorov's 0-1 law, Chebyshev and Kolmogorov's inequalities, large numbers law and central limit theorem.
b. Statistical Methods - Collection, compilation & presentation of data/charts/diagrams/histogram, Frequency distribution, Measures of location/dispersion/skewness/kurtosis, Bivariate and multivariate data, Association and contingency, Curve fitting and orthogonal polynomials, Bivariate normal distribution, Regression-linear, polynomial, Correlation coefficient, Partial and multiple correlations, Intraclass correlation, Correlation ratio, Standard errors & large sample test, Sampling distributions of sample mean, Non-parametric tests, Order statistics, Concept of Asymptotic relative efficiency.
c. Numerical Analysis - Finite differences of different orders, Concept of interpolation and extrapolation, Inverse interpolation, Numerical differentiation, Summation of Series, Numerical solutions of differential equations.
d. Computer application & Data Processing -Basics of Computer, Operations of a computer, Different units of a computer system, Output and peripheral devices, Software, system and application software, Operating systems, RAM, ROM, computer memory, network - LAN, WAN, Internet, Intranet, computer security, basic operations.
4. Statistics II (Objective Type) -
a. Linear Models - Theory of linear estimation, Gauss-Markov Linear Models, Error & Estimation Space, Normal Equations, Estimation of error variance, Estimation with correlated observations, Variances and covariances, One way and two-way classifications, Analysis of variance.
b. Statistical Inference & Hypothesis Testing - Characteristics of a good estimator, Estimation methods, Minimum variance unbiased estimators, Minimum variance bound estimators, Hypothesis testing
c. Official Statistics - National and International official statistical system, National Statistical Organization, National Statistical Commission, Index Numbers, Sector Wise Statistics, National Accounts, Population Census, Socio-Economic Indicators, Gender Awareness/Statistics, Important Surveys and Censuses.
5. Statistics- III (Descriptive Type) -
a. Sampling Techniques - Concept of population and sample, Need for sampling, Complete enumeration versus sampling, Methodologies in sample surveys by NSSO, Subjective or purposive sampling, Probability sampling or random sampling, estimation of population mean, stratified random sampling, covariance and variance functions, rates, product and regression estimation methods, systematic sampling, sampling with probability proportional to size, multistage sampling concept and its uses.
b. Econometrics - Nature of econometrics, General Linear Model (GLM) and its extensions, Ordinary Least Squares (OLS) estimation and prediction, Generalized Least Squares (GLS) estimation and prediction, Heteroscedastic disturbances, Pure and mixed estimation, autocorrelation, results and tests, Theil BLUS method, estimation and estimation, linear and stochastic regression, differential equation models and their comparison, estimations in structural equation modeling.
c. Applied Statistics - Index Numbers, Time Series Analysis, Exploratory Time Series analysis, Detailed study of the stationary processes, Discussion (without proof) of estimation of mean, Spectral analysis of the weakly stationary process.
6. Statistics-IV (Descriptive Type) -
a. Operations Research and Reliability - Definition & Scope of Operations Research, Transportation and assignment problems, Decision-making in the face of competition, Analytical structure of inventory problems, Queuing models, Sequencing & scheduling problem, Branch & Bound method, Replacement problems, PERT & CPM.
b. Demography and Vital Statistics - Sources of demographic data, Complete life table and its main features, UN model life tables, Measurement of Fertility, Measurement of Mortality, Internal migration.
c. Survival Analysis & Clinical Trial - Concept of time, Life tables, failure rate, mean residual life, Estimation of the survival function, Two-sample problem, Semi-parametric regression for failure rate.
d. Quality Control - Statistical process and product control, General theory and review of control charts, Acceptance sampling plans for attributes inspection.
e. Multivariate Analysis - Multivariate normal distribution and its properties, Maximum likelihood estimators, Wishart matrix, Hotelling’s T2 and its sampling distribution, Classification problem, Principal components, dimension reduction.
f. Design and Analysis of Experiments - Analysis of variance for one way and two-way classifications, Need for design of experiments, Basic principle of experimental design, Factorial design, non-missing methods, split graph and stripe plot designs, factorial experiments, covariance analysis, non-orthogonal data analysis, complete analysis and setup for missing letter data.
g. Computing with C and R - Basics of C, Control Statements, Functions, Structure, Files in C, Statistics Methods and techniques in R.
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