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UPSC Economics Books: Recommended Study Materials for Economics Optional Paper I & II

Preparing for the UPSC civil services examination requires a strong understanding of many subjects, including Indian Economy and Economics. These subjects are crucial for the IAS Exam . There's a plethora of Economics books available in the market, but it's critical to choose the ones that are most recommended for the IAS mains exam.

Economics is often perceived as a challenging optional subject compared to others. If you have a background in Economics, it's essential to initially focus on understanding the concepts and theories. Subsequently, you should update yourself with current affairs and align your knowledge according to the UPSC Syllabus .

The syllabus for the Economics optional for UPSC is comprehensive. Aspirants need to have knowledge equivalent to a degree level. Paper- I of Economics optional paper can be technically demanding, and aspirants from non-economics backgrounds may find it challenging without proper preparation. This dynamic nature of the subject makes it even more challenging.

Here, we provide a comprehensive list of books for the Economics optional subject that will help you in your UPSC Mains preparation.

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UPSC Economics Books- Study Material For Economics Optional Paper I & II

The booklist for UPSC Economics Optional is as follows:

  • Indian Economy – Ramesh Singh
  • The Indian Economy – Sanjiv Verma
  • Indian Economy – Mishra and Puri
  • Indian Economy – R. Dutt and KPM Sundaram
  • Banking – S.B. Gupta
  • Dictionary of Economics – Graham Bannock; T.E. Baxter, Ray Rees
  • Economic Growth and Development – Mayer and Baldwin
  • Economic Survey: Twelve Five Year Plan: New Industrial Policy – Government of India
  • Economics – Paul A. Samuelson
  • Economics Choice – Koutsweanik
  • Growth and Development – M L Jhingan
  • International Economics – Bo Soderston
  • International Economics – H.G. Mannur or Salvatore
  • International Trade – Bo Soderston
  • MacroEconomic Analysis – Edward Shapiro
  • Modern Banking – R.S. Sayers
  • Monetary Theory and Public Policy – Kenneth Kurihara
  • Money Supply in India: Concepts, Compilation and Analysis: Functions and Working – Reserve Bank of India
  • National Income Accounting – Neethu
  • Outline of Monetary Economics – A.C.I. Day
  • Public Finance – H.L. Bhatia
  • Public Finance – K.K. Andley and Sundharam
  • The Economic Times
  • Economical and Political Weekly

To prepare for UPSC 2023 , follow the linked article.

Also, check the table below for a few relevant articles on UPSC Economics and IAS exam.

UPSC Economics Syllabus UPSC Exam Pattern
UPSC Strategy Articles NCERT Books for UPSC
Frequently Asked Questions

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