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Punjab Lecturer Economics Free Mock Test
Crack the Punjab Lecturer Economics Mock Test 2026 with the help of an online Test series or a free mock test. Every sample paper in the Punjab Lecturer Economics Exam has a designated weight, so do not miss out on any paper. Prepare for the Punjab Lecturer Economics mock test and check your test scores.
Punjab Lecturer Economics (Paper 2) Syllabus 2026, Exam Pattern
Punjab Lecturer Economics (Paper 2) Syllabus 2026, Exam Pattern, Exam Date 2026
Detail Information about Punjab Lecturer has published notification 2026 for the recruitment of Economics (Paper 2) 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.
Punjab Lecturer Recruitment 2026 : Overview
Punjab Lecturer Economics (Paper 2) Syllabus 2026
Economics :
PART-MICRO ECONOMICS:
Introduction to Economics, Central Problems of an economy: meaning, solution of central
problems with PPC in centrally planned, capitalist and mixed economic system.
Theory of consumer behaviour- Consumer equilibrium with cardinal and ordinal utility
analysis. Revealed preference theory. Theory of demand, elasticity of demand.
Theory of production and Cost: Short run and long run production function and cost function.
Traditional and modern theory of cost.
Theory of Supply, Price elasticity of supply. Determination of Firm's Supply Curve in Short
Run and long run. Technological Progress and Input Prices.
Theory of revenue: Concept of TR, AR and MR, their derivation and their mutual relationship.
Producer's equilibrium in short run and long run.
Forms of Market: Perfect competition, monopoly market and monopolistic competition
market.
Marginal productivity and modern theory of distribution, input demand curve of a firm with
one variable resource, several variable resource, market demand and market supply curve of
resources.
PART-MACRO ECONOMICS:
Basic Concepts related to Macroeconomics.
National Income and related aggregates: private income, personal income, personal
disposable income, national disposable income, various methods for the calculation of
Nationai Income. Nominal and Real GDP, GDP and Welfare. Circular Flow of Income and
output in 2 sector, 3 sector and 4 sector economy model.
Aggregate demand, aggregate supply and determination of short run equilibrium. Problem of
excess and deficient demand. Role of Monetary and fiscal policies to correct excess and
deficient demand.
Theory of business cycles and methods to control business cycles. Concept of inflation and
stagflation. Philips curve- Short Run and Long Run, natural rate of unemployment.
Money and Banking: Demand and supply of money, Theories of demand for money. Central
bank and Commercial banks. Credit creation by the commercial banks. Role of commercial
banks in social development,
Theory of investment- Concept of MEC and MEI. Investment multiplier
General equilibrium in goods and money market through IS-LM curve, changes in IS and LM
curve and effect on general equilibrium.
Government Budget: Meaning, structure and budget deficit.,
Balance of Payments and Foreign exchange rate.
PART-ECONOMIC STATISTICS:
Meaning, scope, functions and importance of statistics in economics.
Collection, organization, presentation and analysis of data.
Measures of Central Tendency and dispersion. Coefficient of Correlation: Scatter diagram,
Karl Pearson's and Spearman's rank order correlation.
Index Numbers: Simple aggregative method, Simple average of price relative method,
Laspeyre, Pasche and Fishers ideal index number. Consumer price index, wholesale price
index, index of industrial production, Issues in the construction of an index number, inflation
and index number.
Economic applications of differentiation and maxima and minima.
PART- INDIAN ECONOMIC DEVELOPMENT:
Development Experience (1947-1990) and Economic Reforms (1991)
Planning in India: Five-Year plans and NITI Aayog.
Agriculture in India: Land reforms, The green revolution.
Industry in India: Industrial policy resolution 1956, Economic Reforms Since 1991.
Problem of unemployment and poverty: causes, government initiatives regarding these
problems.
Human Capital Formation in India, PQLI, HDI, Construction of HDI.
Rural Development in India: Agencies working for rural development and their role.
Environment and Sustainable Development
PART- PUNJAB ECONOMY:
Physical and Human Resources of Punjab, Agricultural and Industrial Development of Punjab
Fiscal State of Punjab, Economic planning in Punjab.
Punjab Lecturer Economics (Paper 2) Exam Pattern 2026
Duration : 150 Minutes
Exam Date : 19th, 20th, 26th, and 27th September 2026
Starting Date of Application Form : 01st July 2026
Last Date of Application Form : 31st July 2026
Total Post : 50
Punjab Lecturer Recruitment 2026 : Overview
| Origination Name | Department of School Education Punjab |
| Total Vacancy | 50 |
| Name of Vacancy | Lecturer |
| Qualification | Master Degree in concerned Subject + B.Ed |
| Job Location | Chandigarh, Punjab |
| Exam Date 2026 | 19th, 20th, 26th to 27th September 2026 |
| official site | @ educationrecruitmentboard.com |
Punjab Lecturer Economics (Paper 2) Syllabus 2026
Economics :
PART-MICRO ECONOMICS:
Introduction to Economics, Central Problems of an economy: meaning, solution of central
problems with PPC in centrally planned, capitalist and mixed economic system.
Theory of consumer behaviour- Consumer equilibrium with cardinal and ordinal utility
analysis. Revealed preference theory. Theory of demand, elasticity of demand.
Theory of production and Cost: Short run and long run production function and cost function.
Traditional and modern theory of cost.
Theory of Supply, Price elasticity of supply. Determination of Firm's Supply Curve in Short
Run and long run. Technological Progress and Input Prices.
Theory of revenue: Concept of TR, AR and MR, their derivation and their mutual relationship.
Producer's equilibrium in short run and long run.
Forms of Market: Perfect competition, monopoly market and monopolistic competition
market.
Marginal productivity and modern theory of distribution, input demand curve of a firm with
one variable resource, several variable resource, market demand and market supply curve of
resources.
PART-MACRO ECONOMICS:
Basic Concepts related to Macroeconomics.
National Income and related aggregates: private income, personal income, personal
disposable income, national disposable income, various methods for the calculation of
Nationai Income. Nominal and Real GDP, GDP and Welfare. Circular Flow of Income and
output in 2 sector, 3 sector and 4 sector economy model.
Aggregate demand, aggregate supply and determination of short run equilibrium. Problem of
excess and deficient demand. Role of Monetary and fiscal policies to correct excess and
deficient demand.
Theory of business cycles and methods to control business cycles. Concept of inflation and
stagflation. Philips curve- Short Run and Long Run, natural rate of unemployment.
Money and Banking: Demand and supply of money, Theories of demand for money. Central
bank and Commercial banks. Credit creation by the commercial banks. Role of commercial
banks in social development,
Theory of investment- Concept of MEC and MEI. Investment multiplier
General equilibrium in goods and money market through IS-LM curve, changes in IS and LM
curve and effect on general equilibrium.
Government Budget: Meaning, structure and budget deficit.,
Balance of Payments and Foreign exchange rate.
PART-ECONOMIC STATISTICS:
Meaning, scope, functions and importance of statistics in economics.
Collection, organization, presentation and analysis of data.
Measures of Central Tendency and dispersion. Coefficient of Correlation: Scatter diagram,
Karl Pearson's and Spearman's rank order correlation.
Index Numbers: Simple aggregative method, Simple average of price relative method,
Laspeyre, Pasche and Fishers ideal index number. Consumer price index, wholesale price
index, index of industrial production, Issues in the construction of an index number, inflation
and index number.
Economic applications of differentiation and maxima and minima.
PART- INDIAN ECONOMIC DEVELOPMENT:
Development Experience (1947-1990) and Economic Reforms (1991)
Planning in India: Five-Year plans and NITI Aayog.
Agriculture in India: Land reforms, The green revolution.
Industry in India: Industrial policy resolution 1956, Economic Reforms Since 1991.
Problem of unemployment and poverty: causes, government initiatives regarding these
problems.
Human Capital Formation in India, PQLI, HDI, Construction of HDI.
Rural Development in India: Agencies working for rural development and their role.
Environment and Sustainable Development
PART- PUNJAB ECONOMY:
Physical and Human Resources of Punjab, Agricultural and Industrial Development of Punjab
Fiscal State of Punjab, Economic planning in Punjab.
Punjab Lecturer Economics (Paper 2) Exam Pattern 2026
Duration : 150 Minutes
| S.No | Subject | No.of Question | Marks |
| 1. | Economics | 150 | 150 |
| Total | 150 | 150 |
Exam Date : 19th, 20th, 26th, and 27th September 2026
Starting Date of Application Form : 01st July 2026
Last Date of Application Form : 31st July 2026
Total Post : 50
Punjab Lecturer Economics (Paper 2) Exam Free Online Test Series
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Punjab Lecturer Economics (Paper 2) Exam - English150 questions • 150 mins • 150 marks
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