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Description: Basics of Economics for UPSC | Complete Foundation for Prelims & Mains | The Study IAS

Economics is one of the most scoring yet misunderstood subjects in the UPSC Civil Services Examination. Many aspirants struggle not because of lack of effort, but due to weak conceptual foundations.
This video is designed to build your Economics basics from scratch, exactly as required by the UPSC Prelims and Mains syllabus.

In this comprehensive session, we explain the core principles of Economics in a simple, structured, and exam-oriented manner, helping aspirants develop conceptual clarity rather than rote memorisation.

🔍 What this video covers:

✔ Meaning and scope of Economics
✔ Microeconomics vs Macroeconomics
✔ Demand, Supply, and Market mechanisms
✔ National Income & GDP concepts
✔ Inflation, Deflation, and Price stability
✔ Fiscal Policy and Monetary Policy basics
✔ Role of RBI and Government in the economy
✔ Economic growth vs economic development
✔ Link between Economy and Current Affairs (UPSC focus)

This lecture is ideal for:
• Beginners starting UPSC preparation
• Aspirants facing difficulty in Economy questions
• Working professionals who need structured clarity
• Repeat aspirants aiming to strengthen weak areas
• Students preparing for UPSC Prelims 2026 & Mains 2026

🎯 Why this video matters for UPSC:

UPSC increasingly asks conceptual and application-based questions in Economics. Without strong fundamentals, aspirants struggle in both Prelims MCQs and Mains answers.
This session lays the foundation needed to decode PYQs, understand budget, economic survey, and current economic developments.

📚 Aligned with:

• UPSC CSE Syllabus (Prelims & Mains)
• Previous Year Question trends
• NCERT + standard UPSC sources
• Current Affairs integration approach

📌 Watch till the end to build a strong, exam-ready economic mindset.

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