This is a very important area and to start with, you should read 11th and 12th
NCERT Economics books. Now in current scenario the traditional economics, facts
and figures are not asked. They ask questions based on your understanding of
economics like, Why FDI is important for us, What is Fiscal Cliff and problems
in United State, About Greece Crisis or Euro Crisis etc. So, you should always
looking for these kind of news and issues which affect us.
Try to understand the meaning of the issue or topic, because understanding is
the key in economics rather than facts & figures. For example "What is Economic
Growth" is NOT going to be asked. What is going to be asked is "Why there is a
inflation or why there is a slowdown in economic growth?". You can crack
this only if you have a good understanding of the related topics and issues.
Around 50% of aspirants commit that they are not able to follow it properly, we need to understand the basics
first. Pickup the NCERT books to improve better understanding in key topics and things will be easy for you,
then only you should think about other things.
Then, Economic Survey can be a good clue. Specially the first chapter (the
introduction) of economic survey, and we would suggest you all to read this
chapter which is going to come in the end of February. Also you can read reports
related to Plans and Strategies of the Governments, various Committee
Quick tips and daily dose for IAS aspirants
18th May to 15th August Start Revision twice.
Caution: Never Skip reading for Mains before March.
In the same time equal weight-age to Paper-II.
15 Minutes Current Affairs daily update (Never Skip).