CUET UG 2027 / Economics syllabus
CUET UG 2027 · Paper 309
CUET Economics Syllabus 2027: Units, Chapters and Books
The official CUET UG Economics / Business Economics syllabus (paper 309), unit by unit, with the book chapter each unit comes from, what changed from 2025 to 2026, and where to practise.
2027 status: NTA has not released the CUET UG 2027 syllabus. This page shows the official CUET UG 2026 Economics syllabus, the latest available, and will be updated when NTA publishes the 2027 version.
CUET Economics at a glance
- Paper code
- 309 (Economics / Business Economics)
- Questions
- 50 multiple-choice questions, all compulsory
- Time
- 60 minutes
- Marking
- +5 for a correct answer, minus 1 for a wrong answer; 250 maximum
- Syllabus
- 13 units, 19 chapters in our chapter map
How the CUET Economics paper is structured
CUET Economics (paper 309) has three courses: Introductory Microeconomics (4 units), Introductory Macroeconomics (5 units) and Indian Economic Development (4 units). There are no options.
Courses I and II follow the two NCERT class 12 Economics books. Course III is new in 2026 and follows the class 11 NCERT book Indian Economic Development, so students who skipped it after class 11 need to go back to it.
CUET Economics syllabus, unit by unit
Unit titles and topics as printed in NTA’s CUET UG 2026 syllabus PDF.
Course I: Introductory Microeconomics
Unit I
Introduction, Theory of Consumer Behaviour
- What is microeconomics?
- Central problems of an economy
- Consumer's Equilibrium: meaning and attainment of equilibrium through Utility Approach: One and two commodity cases, Consumers Budget and Optimal choice of the consumer.
- Demand: market demand, determinants of demand, demand schedule, demand curve, movement along and shifts in the demand curve, price elasticity of demand, measurement of price elasticity of demand - percentage, total expenditure, factor determining price elasticity of demand for a good.
Unit II
Production and Costs
- Production function: Short run and Long run production function
- Shapes of TP, MP and AP curves
- Cost and Revenue: Concepts of costs; short-run cost curves (fixed and variable costs; total, average and marginal costs); concepts of revenue - total, average and marginal revenue and their relationship. Producer's equilibrium - with the help of MC and MR.
Unit III
The Theory of the firms under perfect competition
- Features of perfect competition
- Profit maximization.
- Price determination under perfect competition - equilibrium price, effects of shifts in demand and supply.
- Supply: market supply, determinants of supply, supply schedule, supply curve movement along and shifts in supply curve, price elasticity of supply, measurement of price elasticity of supply.
Unit IV
Market Equilibrium and Simple Applications
- Market equilibrium, excess demand, excess supply,
- Applications: Price ceiling and Price flooring.
Course II: Introductory Macroeconomics
Unit I
Introduction and National Income Accounting
- What is macroeconomics?
- Basic concepts in macroeconomics:
- Circular flow of income; Methods of calculating National Income - Value Added or Product method, Expenditure method, Income method
- Aggregates related to National Income:
- Factor Cost, Basic Prices and Market Price.
- GDP and Welfare
Unit II
Money and Banking
- Meaning and functions, supply of money - Money Creation and Money Multiplier.
- Central bank and its functions (example of the Reserve Bank of India)
- Policy tools to control money supply.
Unit III
Determination of Income and Employment
- Aggregate demand and its components.
- Determination of Income in two sector model.
- Problems of excess demand and deficient demand; measures to correct them - changes in government spending, taxes and money supply
- Multiplier mechanism.
Unit IV
Government Budget and the Economy
- Government budget - meaning, objectives and components
- Classification of receipts - revenue receipts and capital receipts;
- Classification of expenditure - revenue expenditure and capital expenditure.
- Balanced, Surplus and Deficit Budget - measures of government deficit.
Unit V
Open Economy Macroeconomics
- Balance of payments account - meaning and components;
- Balance of payments - Surplus and Deficit
- Foreign exchange rate - meaning of fixed and flexible rates and managed floating. Merits and demerits of exchange rate regimes.
- Determination of exchange rate.
- Managed Floating
Course III: Indian Economic Development
Unit I
Development Policies and Experience (1947-90)
- A brief introduction of the state of Indian economy on the eve of independence.
- Indian economic system and common goals of Five Year Plans
- Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy), industry (IPR 1956; SSI - role & importance) and foreign trade.
Unit II
Economic Reforms since 1991
- Macroeconomics: Meaning. (printed under this unit heading in the PDF; appears to be a stray line)
- Economic Reforms since 1991: Features and appraisals of liberalisation, globalisation and privatisation (LPG policy);
Unit III
Current challenges facing the Indian Economy
- Human Capital Formation: How people become resource; Role of human capital in economic development; Growth of Education Sector in India
- Rural development: Key issues - credit and marketing - role of cooperatives; agricultural market system, Agriculture diversification; alternative farming - organic farming
- Employment: Growth and changes in work force participation rate in formal and informal sectors; problems and policies
- Environment and Sustainable Development: Definition and Functions, State of India's environment, Strategies for sustainable development.
Unit IV
Development Experiences of India: A comparison with neighbours
- A comparison with neighbours.
- Issues: economic growth, population, sectoral development and other Human Development Indicators.
- Development Strategies.
Chapter map
Each row is one chapter of study, with the book it comes from. Where a syllabus topic is missing from that book, the row says so.
- Introduction (Microeconomics)NCERT Introductory Microeconomics, chapter 1
- Theory of Consumer BehaviourNCERT Introductory Microeconomics, chapter 2
- Production and CostsNCERT Introductory Microeconomics, chapter 3
- The Theory of the Firm under Perfect CompetitionNCERT Introductory Microeconomics, chapter 4
- Market EquilibriumNCERT Introductory Microeconomics, chapter 5
- Introduction (Macroeconomics)NCERT Introductory Macroeconomics, chapter 1
- National Income AccountingNCERT Introductory Macroeconomics, chapter 2
- Money and BankingNCERT Introductory Macroeconomics, chapter 3
- Determination of Income and EmploymentNCERT Introductory Macroeconomics, chapter 4
- Government Budget and the EconomyNCERT Introductory Macroeconomics, chapter 5
- Open Economy MacroeconomicsNCERT Introductory Macroeconomics, chapter 6
- Indian Economy on the Eve of IndependenceNCERT Indian Economic Development, chapter 1
- Indian Economy 1950-1990NCERT Indian Economic Development, chapter 2
- Liberalisation, Privatisation and Globalisation: An AppraisalNCERT Indian Economic Development, chapter 3
- Human Capital Formation in IndiaNCERT Indian Economic Development, chapter 4
- Rural DevelopmentNCERT Indian Economic Development, chapter 5
- Employment: Growth, Informalisation and Other IssuesNCERT Indian Economic Development, chapter 6
- Environment and Sustainable DevelopmentNCERT Indian Economic Development, chapter 7
- Development Experiences of India: A Comparison with NeighboursNCERT Indian Economic Development, chapter 8
What changed from 2025 to 2026
- NEW Course III Indian Economic Development (class 11 NCERT) added; 2025 had only Micro + Macro.
- Micro: 2025 Unit I 'production possibility curve and opportunity cost' dropped; geometric method of elasticity dropped; 'returns to factor and returns to scale' replaced by short/long-run production function and TP/MP/AP shapes; 2025 Unit V (rationing, floors/ceilings, FAD theory) replaced by 'Market Equilibrium and Simple Applications' (excess demand/supply, price ceiling/floor). Units regrouped from 5 to 4.
- Macro: unit order changed (Money and Banking now before Income determination). 2025 GNP/NDP/NNP/personal income aggregates replaced by 'Factor Cost, Basic Prices and Market Price' and 'GDP and Welfare'. Money: commercial banks and banking-reform topics replaced by money creation, money multiplier and policy tools. Budget: plan/non-plan, developmental classification and 'downsizing the role of government' dropped. BoP: adds BoP surplus/deficit and managed floating; 'recent exchange rate issues' dropped. Propensity to consume/save and involuntary unemployment no longer listed.
Compared against NTA’s CUET UG 2025 syllabus PDF. When the 2027 syllabus is out, this section will compare 2027 with 2026.
Books to study from
- NCERT Introductory Microeconomics (class 12)
- NCERT Introductory Macroeconomics (class 12)
- NCERT Indian Economic Development (class 11)
NCERT books are on ncert.nic.in; NIOS course material is on nios.ac.in.
Practise CUET Economics chapter by chapter
The Study OS CUET track follows the chapter map above. Choose Economics as one of your papers, revise a chapter, then test it with exam-style questions and read the explanation after every answer.
Frequently asked questions
What is the exam pattern of the CUET Economics paper?
CUET UG Economics (paper code 309) has 50 compulsory multiple-choice questions to be answered in 60 minutes. A correct answer earns 5 marks and a wrong answer costs 1 mark, so the paper is out of 250. This is the CUET UG 2026 pattern; NTA has not announced any change for 2027.
Has NTA released the CUET Economics syllabus for 2027?
Not yet. The syllabus on this page is the official CUET UG 2026 Economics syllabus, which is the latest one NTA has published. This page will be updated when the 2027 syllabus is released.
Which books should I study for CUET Economics?
Study from: NCERT Introductory Microeconomics (class 12); NCERT Introductory Macroeconomics (class 12); NCERT Indian Economic Development (class 11).
What changed in the CUET Economics syllabus?
2026 added Course III Indian Economic Development and reworked several micro and macro topics, for example money creation and the money multiplier replaced older banking topics. This compares the 2025 and 2026 syllabi; the 2027 syllabus is not out yet.
Is Indian Economic Development in the CUET Economics syllabus?
Yes. From 2026 the paper has a third course, Indian Economic Development, based on the class 11 NCERT book of the same name. In 2025 the paper had only Microeconomics and Macroeconomics.
Is Statistics for Economics in CUET Economics?
No. The class 11 NCERT book Statistics for Economics is not in the 2026 CUET syllabus.
Other CUET UG 2027 syllabi
CUET UG 2027 overview: exam pattern, dates and how to choose subjects