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MPPSC Assistant Professor Economics Vacancy 2026: Apply Online, Selection Process

📅 Updated On 15 October 2026✨ Update By Jyoti Sharma🌐 Hindi & English

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MPPSC Assistant Professor Economics Syllabus 2026, Exam Pattern

MPPSC Assistant Professor Economics Syllabus 2026, Exam Pattern, Exam Date 2026

Detail Information about MPPSC has published notification 2026 for the recruitment of Assistant Professor (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

MPPSC Assistant Professor Syllabus 2026 - Overview

Name of the Organization	Madhya Pradesh Public Service Commission
Name of the Posts	Assistant Professor (Economics)
Total Post	84
Application Mode	Online
Exam Date 2026	02nd August 2026
Job Location	Madhya Pradesh
Category	Syllabus and Exam Pattern
Official Website	www.mppsc.nic.in

MPPSC Assistant Profesor (Economics) Syllabus 2026

Paper 1 : Syllabus :-

General knowledge of Madhya Pradesh, National and International level and basic knowledge of computer :

1. History culture and literature of M.P. :

1. Important Historical events and Major dynasties of M.P.
2. Contribution of Madhya Pradesh in the Independence movements
3. Art, Architecture and culture of M.P.
4. Main Tribes and Dialects of M.P.
5. Main festivals, folk music and folk art of M.P.
6. Important literary figures of M.P. and their literature
7. Main Tourist places of M.P.
8. Important personalities of M.P.

2. Geography of the Madhya Pradesh :

1. Forest, Mountain and Rivers of M.P.
2. Climate of M.P.
3. Natural and mineral resources of M.P.
4. Energy Resources: Conventional and Non- conventional.
5. Main irrigation and Power projects of M.P.

3. Politics and Economy of M.P. :

1. Political system of M.P. (Governor, Cabinet, Legislative Assembly)
2. Panchayati Raj in M.P.
3. Social system of M.P.
4. Demography and census of M.P.
5. Economic development of M.P.
6. Main industries of M.P.
7. Agriculture and Agri based industries in M.P.

4. Current events of International, National and M.P.

Important Contemporaneous events
Famous sports competitions; awards and sports institution of the State and country
Welfare schemes of M.P. state
Famous personalities and Places

5. Information and Communication Technology :

1. Electronics, computers, information and communication technology
2. Robotics, artificial intelligence and cyber security
3. E- Governance
4. Internet and Social networking site
5. E- Commerce

Concerned Subjects :-

Economics :

UNIT-1: Micro-economic Analysis :

a. Definition, Scope and Assumptions of Economics in Ancient India, Concept of Wants and Consumption in Ancient India, Meaning of Money, Importance and Code of Conduct for Earning Money, Economic Thought of Manu, Brahashpati and Kautilya.

b. Concept of Behavioural and Cognitive Economics, Demand Arialysis-Marshallian, Hicksian and Samuelsson's Revealed Preference Theory. Demand and Supply and its Elasticities. Production Furnction, Theory of Production and Cost.

c. Price and Output Determination under different forin of market structure.

d. Different models and objectives of the firms Boumal, Morris and Williamson, Decision making under uncertainty, Attitude towards Risk, Game Theory-Zero- Sum Game, Pure and Mixed Strategy, Saddle Point Solution; Factor Pricing Analysis.

e. Theories of Distribution; Marginal Productivity Theory, Wage, Interest, Rent and Profit. Concept of Welfare Economics:-Theory of Pigou, Parreto and Arrow.

UNIT-2: Macro-Economic Analysis :

a. Definition, Concept, Componantes, Measurement and estimation of National Income, National Income and Social Accounting, National Income and Welfare

b. Determination of output and employment Classical Approach, Keynesian Approach, Keynesian Employment Theory, Aggregate Supply and Aggregate Demand, Effective Demand. Liquidity Preference Theory.

c. Psychological Law of Consumption, Absolute Income Hypothesis, Relative Income Hypothesis, Permanent Income Hypothesis, Life Cycle Hypothesis. Monetary Policy: Instruments of Monetary Policy, Development of Monetary Policy in India.

d. Multiplier Theory, Theories of Investment and Accelerator. Output Price Determination in four sector economy

e. Fleming-Mundell Open Economy Model. IS-LM Model. Trade Cycle Theories.

UNTT-3: Growth and Development :

a. Concept, Characteristics and Indicators of Economic Growth, Inclusive Growth, Development and Sustainable Development. Circular Causation, Structural view of Underdevelopment Measurement of development;- Conventional Methods, HDI and Quality of Life Indices.

b. Concept of Environmental Sustainability, Environment and Development Dillenya, Environmental and Economic accounting, Environment Regulation in India, Climate Change its Impact and Remedies, Coase Bargaining Solutions.

c. Growth Models of John Rabinson and Kaldor. Theory of Technological Progress and Boonomic Growth of Hicks and Harrod. Meade's Models, Lewis Model and Ranis-Fei Model of Development. Dependency Theory of Development.

d. Approaches of Development: Balanced and Unbalanced Growth, Critical Minimum Effort, Big-Push, Low Income Equilibrium Trap.

e. Endogenous Growth: Role of Education, Health, Research and Knowledge, Explanation of Cross Country Differentials in Economic Development and Growth.

UNIT-4: Development and Planning :

a. Factors of Economic Development: Natural, Physical and Human Resources. Infrastructure and Development.

b. Importance of Agriculture and Industry in Economic Development, Choice of Technology and Appropriate Technique:- Investment Criteria, Cost-Benefit Analysis.

c. Dependencia theories of Development the neoclassical Counterevolution Dualism, Centre Periphary Models and Process of Cumulative Causation.

d. Concepts, Approaches, Types, Objectives, Strategies, Techniques of Planning, various five years Plans in India, Role of Planning Commission of India in Market Oriented Economy and NITI AYOG.

e. Indian Economic Thinkers: M.K.Gandhi, BR Ambedkar, Deendayal Upadhyaya, Dattopant Thengre, Ram Manohar Lohia, JK Mehta, Amartya Sen and Jagdish Bhagwati.

UNIT-5: Public Finance :

a. Private, Public and Merit Goods, Budget, Zero-Base Budgeting, Different Concepts of Budget, concept of Public Goods and Taxation as per Kautilya, Latest Central and State Budget of Madhya Pradesh

b. Theories of Public Expenditure and its effects on saving, investment, growth and on other economic indicators

c. Theories of Taxation, Types of taxation, Impact, Incidence and effects of taxation; GST its genesis and superiority over earlier taxation system.

d. Public Debt its concept, merits and demerits, Trends in Revenue and Expenditure of the Center and State Government of Madhya Pradesh, Centre- State Financial Relation; Center State Finance Commissions of Center and M.P. Government.

e. Fiscal policy and Fiscal Reforms in India, Financial Sources of State and Local Self Government.

UNIT-6: Money, Banking and Financial Institutions :

a. Definition, Functions, Importance of Money, Money Value Theories - Fisher and Cambridge Versions, Keynesian Friedman, Patinkin, Baumol and Tobin Approaches.

b. Supply of Money, Determinates of Money Supply, High-Powered Money, Plastic and Electronic Money, Money Multiplier

c. Change in Value of Money, Inflation and Deflation, Phillips Curve; Role, Components and Functions of Money and Capital Markets

d. Concept of Money and Banking in Ancient India, Commercial Banks and Co- Operative Banks: Functions and Importance, Specialised Financial Investment Institutions, Non-Banking Financial Institutions and Regional Rural Banks

e. Central Bank: Functions, Credit Control and Importance; Reserve Bank of India and its Recent Monetary and Credit Policies.

UNIT-7: International Economics :

a. Theories of International Trade: Empirical verification and Relevance. Determination of Terms of Trade Concept of Tarrif, Quata and Dumping.

b. Balance of payments definition, types and importance, Balance of paymets- current and capital account.

c. Thipries of Foreign Exchange Rate; Exchange Trading, Arbitrage and Market Hedging, Balance of Payments, Foreign Trade multiplier.

d. Foreign Trade Reformis and Liberalisation, International Capital-Movement.

e. Importance of International Trade, Two-gap Analysis, Prebish Singer and Myrdal view on International Trade, Gains from Trade of Developing Countries, Role of G-20, IBRD, WTO and IMF in Development.

UNIT-8: Indian Economy :

a. Salient Features of Indian Economy, Sectoral composition of Indian Economy Demographic Features of Indian Economy and Population Policy

b. Important Characteristics of Indian Agriculture, Major Agricultural Production of India and its Productivity, Emerging Issues in Institutional and Technological Aspects in Agriculture Sector, Agricultural Price Policy, Natural Farming, Agriculture Finance and Marketing.

c. Industrial Growth in India, Industrial Finance, MSME Sector, Industrial Policies of India since Independance. Major Industrial Production. Atma Nirbhar Bharat and Make in India, Start-ups and Unicorn, in India. Infrastructure Development In India. PM Gati Shakti Yojna

d. Concept and status of Poverty, Unemployment, Migration, and Indian Economy, Women Empowerment in India Role and Importance of Rural in Economy.

e. Recent Development in Indian Foreign Trade, Emergence of India as a Global Economic Power.

UNIT-9: Statistical Methods :

a. Measures of Central Tendency and Dispersions, Skewness and Kurtosis, Simple Correlation and Regression Analysis. Index Number and Time Series Analysis.

b. Concept and meaning of Sampling and Census Methods, Types of Sampling, Binomial, Poisson and Normal Distribution, Random variable and Probabilty distribution, Hypothesis Testing, Types of Error, T-Test, F-test,, Chi-square Test and ANOVA Test

c. CLRM, Assumption and Properties, Multiple Regression Model: Estimation and Interpretation

d. Application of Differential and Integral Calculus and Metrix in Theories of Consumer Behaviour, Production and Pricing Under Different Market Conditions

e. Input-Output Analysis And Linear Programming

UNIT-10: Economy of Madhya Pradesh :

a. Salient Features of Madhya Pradesh Economy, Natural Resources in Madhya Pradesh, Infrastructure in Madhya Pradesh, Social Infrastructure in Madhya Pradesh

b. Demographic Features of Madhya Pradesh, Trends of major Demographic Features of Madhya Pradesh and HDI in Madhya Pradesh

c. Role of agriculture in Madhya Pradesh Economy, Agro-climatic Zone of Madhya Pradesh Production and Productivity of Major Crops of Madhya Pradesh. Cropping Pattern in Madhya Pradesh Agriculture policy in Madhya Pradesh, Status of One District One Product (ODOP) for agricultural Product.

d. Industrial Growth in Madhya Pradesh, Major Industries, MSME Sector, Industrial Policy of Madhya Pradesh; Industrial Estate in Madhya Pradesh. Status of Tourism, Horticulture, Organic Farming and Foreign Investment in Madhya Pradesh, Status of One District One Product (ODOP) for Industrial Product.

e. Features of Tribal Economy of Madhya Pradesh, Cropping Pattern in Tribal of Madhya Pradesh, Marketing of Tribal Products and Haat Bajar, Tribal Livelihood Pattern, Government Schemes for Upliftment of Tribal Region and People.

MPPSC Assistant Professor (Economics) Exam Pattern 2026

Paper	Subject	No.of Question	Marks	Duration
Paper 1	General knowledge of Madhya Pradesh, National and International level and basic knowledge of computer	50	200	1 Hour
Paper 2	Concerned Subject (Economics)	150	600	3 Hour
	Total	200	800	4 Hour

Exam Date 2026 : 02nd August 2026

Starting Date of Application Form : 10th May 2026

Last Date of Application Form : 09th June 2026

Total Post : 84

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