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5. 1500 (+) Current Affairs MCQ with Answer PDF in English.
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₹201₹231
Combo Package
JKPSC School Lecturer Economics
Combo - 10 Economics (English old)
1. Online Mock Test Series in English = 20 Tests.
2. Question Bank - 2000 Questions with Answer.
3. 1500 (+) Current Affairs MCQ with Answer PDF in English.
4. 1000 (+) GK MCQ with Answer PDF Book in English.
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JKPSC School Lecturer (Economics) Syllabus 2026, Exam Pattern
JKPSC School Lecturer (Economics) Syllabus 2026, Exam Pattern, Exam Date, 2026
Detail Information about JKPSC has published notification 2026 for the recruitment of School Lecturer (Economics) vacancies. Those Candidates who are Interested to the following vacancy and completed all Eligibility Criteria can read the Notification & Apply Online. In this page we provide the Complete Syllabus of this Recruitment with Latest Update Exam Pattern and the Exam Date also.
JKPSC School Lecturer Syllabus 2026 - Overview
| Name of Recruitment | JKPSC School Lecturer Recruitment 2026 |
| Conducting Body | Jammu and Kashmir Public Service Commission (JKPSC) |
| Post Name | School Lecturer (Economics) |
| Vacancies | Notified Soon |
| Mode of Application | Online |
| Category | Syllabus and Exam Pattern |
| Official Website | https://jkpsc.nic.in/ |
JKPSC School Lecturer (Economics) Syllabus 2026
General Knowledge :
1. Indian Polity and Constitution
2. History of India and Jammu & Kashmir
3. Geography (Physical, Social, and Economic aspects)
4. Current Affairs (National and International)
5. Science and Technology
6. Environmental Issues and Biodiversity
Subject Knowledge :-
Economics :
I. Microeconomics.
Theory of consumer behaviour - Indifference curve Analysis; Revealed preference theory; Income and substitution effect; Theory of production- Cobb Douglas and CES Production function; Law of Returns to scale; Law of variable proportions; Technical progress; Producer's Equilibrium; least cost Combination of Inputs; Maximization of Outputs; Theory of costs- Traditional and modern theory of costs: Market- Prefect competition; Equilibrium of a competitive firm in the short and long run; Monopoly; Price discrimination of various degrees; Monopolistic Competition; Duopoly and oligopoly - Cornout and Bertrand models; Collusive & Non collusive Oligopoly; Game theory - Nash Equilibrium; Prisoners' Dilemma; Welfare Economics- Pareto optimality; Arrow's impossibility theorem.
II. Macroeconomics:
National income accounting- National income identities; Theory of output and employmentClassical; Keynesian, Monetarists and New – Classical models; IS-LM model for Closed and Open Economy - Fiscal and monetary policy effectiveness;; Consumption Function- Relative; Permanent and life cycle theories; Investment Function - The marginal efficiency of capital and Tobins Q theory ; Investment Multiplier - ; Multiplier and accelerator interaction. Business cycles – Hicks and Samuelson model; Phillips Curve and its Various Incarnations.
III. Growth and Development Economics:
Characteristics of underdeveloped countries; Concept and measurement of poverty and inequality; Human Development index; PQLI. Growth: concepts and determinants; HarrodDomar model; Neo-classical models of Solow; Romer model of growth. Balanced and Unbalanced growth Strategies; Critical minimum Effort thesis; low level equilibrium trap; organizational dualism and economic development; The model of complementarities between agriculture and industry; Harris -Todaro model of migration. Sustainable Development Goals.
IV. International Economics:
Theory of comparative cost; Adam Smith; Ricardo and Mill; Gains from trade; Heckscher - Ohlin Theory and its empirical verification; Rybczynski Theorem; The Stolper - Samuelson Theorem; Factor-Price Equalization Theorem; Terms of Trade – Hypotheses of Secular Deterioration in Terms of Trade; Concept of Immiserizing Growth; Tariffs; Quotas and NonTariff Barriers; Theory of Optimum Tariff; Theory of custom unions- Trade creation and trade diversion; Exchange rate determination; arbitrage; exchange risk — hedging and speculation; Foreign exchange transactions— spot; forward and swap. Balance of payments—meaning and components; Fixed and flexible Exchange Rate Regimes.
V. Monetary and Financial Economics:
Money— types and functions; Money supply- Determinants and H- theory of money supply; Commercial bank and credit creation mechanism; Central bank— Functions and measures to control money supply; Demand for money— Classical; Keynesian , inventory and Portfolio balance approach; Theories of Interest— Classical; Loanable funds and Neo-Keynesian. Financial system — Structure and classification of financial markets; instruments of money and capital markets; Non-Banking Financial intermediaries; Theories of term structure of Interest Rate— Expectation Theory; Market segmentation theory; Preferred Habitat Theory.
VI. Indian Economy:
Major features of the Indian economy at independence; Growth and development under different policy regimes; structural change; New agricultural strategy — Land Reforms; Green Revolution; Rationale and practice of Economic planning in India; NITI Ayog & its functions; Inclusive Growth; New Economic Reforms— Liberalisation; Privatisation and Globalisation; New Economic Policies. Foreign Trade — Direction and Composition; Fiscal Federalism in India; Centre - State financial relations; Fiscal & Monetary Policy.
VII. Agriculture and Industrial Economics:
Interdependence between agriculture and industry; Models of interaction—Lewis; Ranis-Fei model; Agricultural finance — need; importance and sources; Minimum support price; Rationale of industrialization; Concept of optimum size of the firm; Determinants & measurements of industrial efficiency & profitability; Determinants & Theories of industrial location — Alfred Weber, & Paul Krugman; Industrial policies in India
VIII. Public Economics:
Concept and solution to Externality; Role of Government— Allocation; Distribution and Stabilisation; Optimal provision of private and public goods; Wagner’s theory of public expenditure; Taxation—types and tax incidence; Theory of optimal Taxation.
IX. Elementary statistics:
Measures of central tendency and dispersion; Correlation - Karl Pearson's method and rank correlation; Regression- Meaning and scope; Simple and multiple regression; Meaning and definition of probability; additive and multiplicative probability' conditional probability; Testing of hypothesis - level of significance and level of confidence; confidence limits and critical region; tests of significance - type-I and type-If errors; goodness of fit; one tailed and two tailed tests; hypothesis testing based on Z-test; T-tests; chi-square and F tests Index numbers—Meaning and importance; Laspeyre's, Paasche's and Fisher's method.
X. Basic Econometrics and Mathematics for Economics :
Nature; meaning and scope of econometrics; types of data - time series; cross section and panel data; Estimation through OLS approach; Properties of estimators - Gauss - Markov theorem; R - square and adjusted R-square; Problems of heteroscedasticity; autocorrelation and multicollinearity — Nature, test, consequences and remedial measures; Basic Concepts Set theory— sets and set operations; cartesian product of sets; relations; functions; one-to-one and onto functions; objective functions; composite functions; inverse functions; logarithmic and exponential functions. Differentiation; Rules of differentiation; partial and total differential; relative maxima and minima— first and second derivative test; Euler's theorem; Langrangian multiplier.
XI. Environmental Economics :
Environment and the economy— inter-linkages and trade-off; property rights — open access and common property resource; externalities as a source of market failure; public goods and bads; sustainability: concept and indicators; Measurement of Environmental Values— Concept and types of environmental value; Methods of environmental valuations— defensive expenditure approach, hedonic pricing approach, travel cost approach, contingent valuation technique. Coasian approach; Pigovian taxes; command and control methods;
XII. J&K Economy :
SGDP & employment; structural transformation; unemployment & inflation; structure of labour market; industrial policy (2021-30); trade and export policy (2018-28); Basic Sectoral Issues; Nature & scope of agriculture & industry; diversification of agriculture & Cropping pattern; Tourism; handicraft & energy sector; challenges of investment; Finance and Banking Structure of finance— revenue (tax & non-tax) & expenditure (plan & non-plan); Gadgil plan with special reference to J&K; J&K finance commission; budgetary deficits & FRBM act.
Economics :
I. Microeconomics.
Theory of consumer behaviour - Indifference curve Analysis; Revealed preference theory; Income and substitution effect; Theory of production- Cobb Douglas and CES Production function; Law of Returns to scale; Law of variable proportions; Technical progress; Producer's Equilibrium; least cost Combination of Inputs; Maximization of Outputs; Theory of costs- Traditional and modern theory of costs: Market- Prefect competition; Equilibrium of a competitive firm in the short and long run; Monopoly; Price discrimination of various degrees; Monopolistic Competition; Duopoly and oligopoly - Cornout and Bertrand models; Collusive & Non collusive Oligopoly; Game theory - Nash Equilibrium; Prisoners' Dilemma; Welfare Economics- Pareto optimality; Arrow's impossibility theorem.
II. Macroeconomics:
National income accounting- National income identities; Theory of output and employmentClassical; Keynesian, Monetarists and New – Classical models; IS-LM model for Closed and Open Economy - Fiscal and monetary policy effectiveness;; Consumption Function- Relative; Permanent and life cycle theories; Investment Function - The marginal efficiency of capital and Tobins Q theory ; Investment Multiplier - ; Multiplier and accelerator interaction. Business cycles – Hicks and Samuelson model; Phillips Curve and its Various Incarnations.
III. Growth and Development Economics:
Characteristics of underdeveloped countries; Concept and measurement of poverty and inequality; Human Development index; PQLI. Growth: concepts and determinants; HarrodDomar model; Neo-classical models of Solow; Romer model of growth. Balanced and Unbalanced growth Strategies; Critical minimum Effort thesis; low level equilibrium trap; organizational dualism and economic development; The model of complementarities between agriculture and industry; Harris -Todaro model of migration. Sustainable Development Goals.
IV. International Economics:
Theory of comparative cost; Adam Smith; Ricardo and Mill; Gains from trade; Heckscher - Ohlin Theory and its empirical verification; Rybczynski Theorem; The Stolper - Samuelson Theorem; Factor-Price Equalization Theorem; Terms of Trade – Hypotheses of Secular Deterioration in Terms of Trade; Concept of Immiserizing Growth; Tariffs; Quotas and NonTariff Barriers; Theory of Optimum Tariff; Theory of custom unions- Trade creation and trade diversion; Exchange rate determination; arbitrage; exchange risk — hedging and speculation; Foreign exchange transactions— spot; forward and swap. Balance of payments—meaning and components; Fixed and flexible Exchange Rate Regimes.
V. Monetary and Financial Economics:
Money— types and functions; Money supply- Determinants and H- theory of money supply; Commercial bank and credit creation mechanism; Central bank— Functions and measures to control money supply; Demand for money— Classical; Keynesian , inventory and Portfolio balance approach; Theories of Interest— Classical; Loanable funds and Neo-Keynesian. Financial system — Structure and classification of financial markets; instruments of money and capital markets; Non-Banking Financial intermediaries; Theories of term structure of Interest Rate— Expectation Theory; Market segmentation theory; Preferred Habitat Theory.
VI. Indian Economy:
Major features of the Indian economy at independence; Growth and development under different policy regimes; structural change; New agricultural strategy — Land Reforms; Green Revolution; Rationale and practice of Economic planning in India; NITI Ayog & its functions; Inclusive Growth; New Economic Reforms— Liberalisation; Privatisation and Globalisation; New Economic Policies. Foreign Trade — Direction and Composition; Fiscal Federalism in India; Centre - State financial relations; Fiscal & Monetary Policy.
VII. Agriculture and Industrial Economics:
Interdependence between agriculture and industry; Models of interaction—Lewis; Ranis-Fei model; Agricultural finance — need; importance and sources; Minimum support price; Rationale of industrialization; Concept of optimum size of the firm; Determinants & measurements of industrial efficiency & profitability; Determinants & Theories of industrial location — Alfred Weber, & Paul Krugman; Industrial policies in India
VIII. Public Economics:
Concept and solution to Externality; Role of Government— Allocation; Distribution and Stabilisation; Optimal provision of private and public goods; Wagner’s theory of public expenditure; Taxation—types and tax incidence; Theory of optimal Taxation.
IX. Elementary statistics:
Measures of central tendency and dispersion; Correlation - Karl Pearson's method and rank correlation; Regression- Meaning and scope; Simple and multiple regression; Meaning and definition of probability; additive and multiplicative probability' conditional probability; Testing of hypothesis - level of significance and level of confidence; confidence limits and critical region; tests of significance - type-I and type-If errors; goodness of fit; one tailed and two tailed tests; hypothesis testing based on Z-test; T-tests; chi-square and F tests Index numbers—Meaning and importance; Laspeyre's, Paasche's and Fisher's method.
X. Basic Econometrics and Mathematics for Economics :
Nature; meaning and scope of econometrics; types of data - time series; cross section and panel data; Estimation through OLS approach; Properties of estimators - Gauss - Markov theorem; R - square and adjusted R-square; Problems of heteroscedasticity; autocorrelation and multicollinearity — Nature, test, consequences and remedial measures; Basic Concepts Set theory— sets and set operations; cartesian product of sets; relations; functions; one-to-one and onto functions; objective functions; composite functions; inverse functions; logarithmic and exponential functions. Differentiation; Rules of differentiation; partial and total differential; relative maxima and minima— first and second derivative test; Euler's theorem; Langrangian multiplier.
XI. Environmental Economics :
Environment and the economy— inter-linkages and trade-off; property rights — open access and common property resource; externalities as a source of market failure; public goods and bads; sustainability: concept and indicators; Measurement of Environmental Values— Concept and types of environmental value; Methods of environmental valuations— defensive expenditure approach, hedonic pricing approach, travel cost approach, contingent valuation technique. Coasian approach; Pigovian taxes; command and control methods;
XII. J&K Economy :
SGDP & employment; structural transformation; unemployment & inflation; structure of labour market; industrial policy (2021-30); trade and export policy (2018-28); Basic Sectoral Issues; Nature & scope of agriculture & industry; diversification of agriculture & Cropping pattern; Tourism; handicraft & energy sector; challenges of investment; Finance and Banking Structure of finance— revenue (tax & non-tax) & expenditure (plan & non-plan); Gadgil plan with special reference to J&K; J&K finance commission; budgetary deficits & FRBM act.
JKPSC School Lecturer (Economics) Exam Pattern 2026
Duration : 120 Minutes
Negative Marking : 0.25
Exam Date 2026 : Notified Soon
Starting Date of Application Form : Notified Soon
Last Date of Application Form : Notified Soon
Negative Marking : 0.25
| S.No | Subject | No.of Question | Marks |
| 1 | General Knowledge | 30 | 30 |
| 2 | Subject Knowledge (Economics) | 90 | 90 |
| Total | 120 | 120 |
Exam Date 2026 : Notified Soon
Starting Date of Application Form : Notified Soon
Last Date of Application Form : Notified Soon
FAQs
Jkpsc School Lecturer (economics) 2026 Exam Syllabus Frequently Asked Questions (FAQ's)
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