Preparing for the IIT JAM economics exam can be a daunting task, especially when it comes to understanding the concepts of economics. To help you with your preparation, we have compiled a list of some of the best economics books that will be useful for the IIT JAM exam in 2024.
The major sub-sections of the IIT JAM Economics Syllabus are Macroeconomics, Microeconomics, Indian Economy, Statistics for Economics, and Mathematics for Economics.
B.C. Mehta, G.M.K. Madani
Mathematics for Economists
Mishra and Puri
Candidates are advised to study the complete syllabus thoroughly and focus on the topics that are most important and frequently asked in the exam. Practicing previous years’ question papers and taking mock tests can also help candidates prepare effectively for the IIT JAM exam 2024.
Listyaan Learning brings one of the best test series to enhance your preparation with various questions helping you score more.
IIT JAM (Economics) Mock Test – 1
In conclusion, these books are some of the best economics books that will be useful for the IIT JAM economics exam in 2024. These books cover all the essential topics and provide a comprehensive analysis of the subject.
By using these books for your preparation, you can increase your chances of success in the exam.
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To secure an excellent rank in the IIT JAM exam, one must also give equal importance to other subjects. Here is the collective list of the best IIT JAM books to get started with your preparations.
IIT JAM Economics exam is an entrance exam conducted by the Indian Institutes of Technology (IITs) for admission to the Master of Science (M.Sc.) program in Economics.
The candidate must have a bachelor’s degree in Economics or Mathematics with at least 55% aggregate marks (50% for SC/ST/PwD candidates).
The exam consists of multiple-choice questions (MCQs), numerical answer type (NAT) questions, and multiple-select questions (MSQs). The exam duration is three hours and the total marks are 100.
Start with a comprehensive study plan, refer to standard textbooks, practice previous years’ question papers, and take mock tests to evaluate your preparation level.
Some of the important topics in the IIT JAM Economics syllabus are microeconomics, macroeconomics, mathematical methods for economics, statistics, econometrics, and development economics.
Some of the best books for IIT JAM Economics exam preparation are Microeconomics by Pindyck and Rubinfeld, Macroeconomics by Blanchard, Mathematics for Economists by Simon and Blume, and Econometrics by Gujarati.
It is important to manage time during the exam by setting a time limit for each question and avoiding spending too much time on difficult questions. Attempt easier questions first and mark the difficult ones for review.
The cutoff for the IIT JAM Economics exam varies every year and is based on factors such as the difficulty level of the exam, the number of candidates appearing for the exam, and the number of seats available.
Some of the career options after completing M.Sc. in Economics are research and development in government agencies, think tanks, private organizations, consulting firms, academia, and banking and financial services.
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