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AP SET Economics Free Mock Test
Crack the AP SET Economics Mock Test 2026 with the help of an online Test series or a free mock test. Every sample paper in the AP SET Economics Exam has a designated weight, so do not miss out on any paper. Prepare for the AP SET Economics mock test and check your test scores.
AP SET Economics Syllabus 2026, Exam Pattern
AP SET Economics Syllabus 2026, APSET Exam Pattern, Exam Date 2026
Detail Information about AP SET has published notification 2026 for the recruitment of Andhra Pradesh SET. 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.
AP SET Syllabus 2026 - Overview
| Full-Form of the Exam | Andhra Pradesh State Eligibility Test (APSET) |
| Name of the Organization | Andhra University, Visakhapatnam |
| Exam Level | State Level |
| Category | Syllabus and Exam Pattern |
| Language | English and Telegu |
| Exam Centres | Guntur, Anantapur, Visakhapatnam, Rajahmundry, Nellore, Thirupati |
| Official Website | www.apset.net.in |
AP SET Economics Syllabus 2026
Paper 2: Economics :Unit-1 : Micro Economics :
• Theory of Consumer Behaviour
• Theory of Production and Costs
• Decision making under uncertainty Attitude towards Risk
• Game Theory – Non Cooperative games
• Market Structures, competitive and non-competitive equilibria and their efficiency properties
• Factor Pricing
• General Equilibrium Analysis
• Efficiency Criteria: Pareto-Optimality, Kaldor – Hicks and WealthMaximization
• Welfare Economics: Fundamental Theorems , Social Welfare Function
• Asymmetric Information: Adverse Selection and Moral Hazard
Unit-2: Macro Economics :
• National Income: Concepts and Measurement
• Determination of output and employment: Classical & Keynesian Approach
• Consumption Function
• Investment Function
• Multiplier and Accelerator
• Demand for Money
• Supply of Money
• IS – LM Model Approach
• Inflation and Phillips Curve Analysis
• Business Cycles
• Monetary and Fiscal Policy
• Rational Expectation Hypothesis and its critique
Unit- 3 : Statistics and Econometrics :
• Probability Theory: Concepts of probability, Distributions, Moments, Central Limit theorem
• Descriptive Statistics – Measures of Central tendency & dispersions, Correlation, Index Numbers
• Sampling methods & Sampling Distribution
• Statistical Inferences, Hypothesis testing
• Linear Regression Models and their properties – BLUE
• Identification Problem
• Simultaneous Equation Models – recursive and non-recursive
• Discrete choice models
• Time Series Analysis
Unit-4 : Mathematical Economics :
• Sets, functions and continuity, sequence, series
• Differential Calculus and its Applications
• Linear Algebra – Matrices, Vector Spaces
• Static Optimization Problems and their applications
• Input-Output Model, Linear Programming
• Difference and Differential equations with applications
Unit-5 : International Economics :
• International Trade: Basic concepts and analytical tools
• Theories of International Trade
• International Trade under imperfect competition
• Balance of Payments: Composition, Equilibrium and Disequilibrium and
Adjustment Mechanisms
• Exchange Rate: Concepts and Theories
• Foreign Exchange Market and Arbitrage
• Gains from Trade, Terms of Trade, Trade Multiplier
• Tariff and Non-Tariff barriers to trade; Dumping
• GATT, WTO and Regional Trade Blocks; Trade Policy Issues
• IMF & World Bank
Unit-6 : Public Economics :
• Market Failure and Remedial Measures: Asymmetric Information, Public Goods, Externality
• Regulation of Market – Collusion and Consumers’ Welfare
• Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and non-Progressive Taxation, Incidence and Effects of Taxation
• Public expenditure
• Public Debt and its management
• Public Budget and Budget Multiplier
• Fiscal Policy and its implications
Unit-7 : Money and Banking :
• Components of Money Supply
• Central Bank
• Commercial Banking
• Instruments and Working of Monetary Policy
• Non-banking Financial Institutions
• Capital Market and its Regulation
Unit-8 : Growth and Development Economics :
• Economic Growth and Economic Development
• Theories of Economic Development: Adam Smith, Ricardo, Marx, Schumpeter, Rostow, Balanced & Unbalanced growth, Big Push approach.
• Models of Economic Growth: Harrod-Domar, Solow, Robinson, Kaldor
• Technical progress – Disembodied & embodied; endogenous growth
• Indicators of Economic Development: PQLI, HDI, SDGs
• Poverty and Inequalities – Concepts and Measurement
• Social Sector Development: Health, Education, Gender
Unit-9 : Environmental Economics and Demography :
• Environment as a Public Good
• Market Failure
• Coase Theorem
• Cost-Benefit Analysis and Compensation Criteria
• Valuation of Environmental Goods
• Theories of Population
• Concepts and Measures: Fertility, Morbidity, Mortality
• Age Structure, Demographic Dividend
• Life Table
• Migration
Unit-10 : Indian Economy :
• Economic Growth in India: Pattern and Structure
• Agriculture: Pattern & Structure of Growth, Major Challenges, Policy Responses
• Industry: Pattern & Structure of Growth, Major Challenges, Policy Responses
• Services: Pattern & Structure of Growth, Major Challenges, Policy Responses
• Rural Development – Issues, Challenges & Policy Responses
• Urban Development – Issues, Challenges and Policy Responses.
• Foreign Trade: Structure and Direction, BOP, Flow of Foreign Capital, Trade Policies
• Infrastructure Development: Physical and Social; Public-Private Partnerships
• Reforms in Land, Labour and Capital Markets
• Centre-State Financial Relations and Finance Commissions of India; FRBM
• Poverty, Inequality & Unemployment
AP SET Economics Exam Pattern 2026
1. Mode of Exam: APSET entrance exam will be conducted in offline (Pen and Paper) mode.
2. Type of Questions: The exam paper consists of multiple-choice questions.
3. The medium of exam: English (Paper 2).
4. Duration: Paper 2 is 120 Minutes (2 hour)
5. Negative Marking: There is no negative marking
6. The total number of questions: Paper 2 is 100
7. Marking: Candidates get 2 marks for each correct answer.
8. Total marks: Paper 2 is 200 Marks.
| Paper | Subject | No. of Question | Marks | Duration |
| Paper - 2 | Economics | 100 | 200 | 120 Minutes |
AP SET Exam Date 2026 : 28th March to 29th March 2026
Starting Date of Application Form : 09th January 2026
Last Date of Application Form : 09th February 2026
AP SET Economics Free Online Test Series
AP SET Economics 2026 with the help of Andhra Pradesh State Eligibility Mock Test Free or Question Paper. Every Online Test in AP SET Exam has a designated weightage so do not miss out any Paper. Prepare and Online Test for AP State Eligibility Test 2026 and check your test scores.
AP SET Economics Exam Free Online Question Bank
AP SET Economics question answer with solutions are available in Hindi & English. Join MCQ, Important Questions, Question Bank, questions and answers for Free AP SET Economics exam preparation.
Combo Offers
AP SET Economics Combo Packages
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Combo - 3 (English)
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5. 1000 (+) GK MCQ with Answer PDF Book in English.
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5. 1500 (+) Current Affairs MCQ with Answer PDF in English.
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FAQs
Ap Set (economics) 2026 Free Mock Test Frequently Asked Questions (FAQ's)
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