Civil Services Prepby Garima Malik & Nitin Sangwan

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Economy and Development
Aggregate demand and employment
Potential output and limits to growth

UPSC · Prelims and Mains

Economy and Development

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Economy and Development

Economic choices and markets
National income, capital formation and economic measurement
Aggregate demand and employment
Money, banking and monetary policy
Government budgets and fiscal policy
External accounts, exchange rates and financing
Indian development strategy and economic reforms
Human development, human capital and employment
Rural finance and livelihood diversification
Infrastructure and economic connectivity
Infrastructure investment and project models
Poverty, inequality and inclusive development
Financial inclusion: access, use and protection
Securities markets and non-bank finance

← Aggregate demand and employment

Potential output and limits to growth

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Potential output as sustainable productive capacity
Productive capital accumulation and potential growth
Labour supply and potential growth
Productivity as a determinant beyond factor accumulation
Actual output above or below potential
Uncertainty in estimating potential output

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