Resources and Book list

Here is a list of books and other resources that we have followed. We hope it turns out to be helpful for candidates deciding to take up this exam in future.  :)

We both have taken classes at Axiom, Rajendra Place and were taught by Dr Mahesh Lalwani. Attending classes made it possible for us to understand the concepts clearly. We also referred to the class notes religiously. As the second step, we could easily move towards the following books.

• Microeconomics- Intermediate Microeconomics by Hal Varian, Microeconomic Theory by Michael E Wetzstein

• Macroeconomics- Dornbusch and Fischer, Olivier Blanchard 

• Mathematical Economics- Alpha C. Chiang

• Econometrics- Introduction to Econometrics by Wallace E. Oates, Theory of Econometrics by A. Koutsiyannis, Basic Econometrics by Damodar Gujarati 

• Economic Development and Growth- Growth and Development by A P Thirlwall, Economic Development by Todaro and Smith

• International Economics- International Economics by Dominick Salvatore, International Economics by Krugman

• Monetary Economics- Monetary Economics by Suraj B Gupta

• Public Finance- Public Finance in Theory and Practice Musgrave and Musgrave

• Environmental Economics- Environmental Economics by Kolstad

• State market and planning- Indian Economy by Uma Kapila (some chapters)

• Indian Economy- Indian Economy by Uma Kapila

Also, complement your preparation with the following resources to gain an edge :)

• Economic Survey of last two years

• RBI Annual Report 

• RBI Financial Stability Report

• RBI Monetary Policy Report

• Daily newspaper reading (The Hindu/ The Indian Express)