The Indian Economic Service (IES) is an organized Group 'A' Central Service constituted in 1961 to undertake economic analysis and advise the government on development policies. The UPSC conducts a combined competitive exam for recruitment to the IES. Candidates must have a post-graduate degree in economics or related fields and be between 21-30 years old. The exam has two parts - a written exam of 1000 marks testing knowledge of English, general studies, and economics; and an optional 200 mark viva-voce for selected candidates. The written exam papers cover topics in microeconomics, macroeconomics, public finance, industrial organization, and the Indian economy.

1. Indian
Economic
Service
(IES) Exam
Pradeep Kumar Panda
Email: pradeep25687@yahoo.co.in
Whatsapp: 9951178889
Website: www.pradeepkumarpanda.weebly.com

2. About IES
• The Indian Economic Service (IES) is an organized Group ‘A’ Central
Service.
• The IES was constituted in 1961 with the objective of institutionalising a
core professional capacity within the Government to undertake
economic analysis and render advice for designing and formulating
development policies, strengthening delivery systems, and monitoring
and evaluating the public programmes.
• The Cadre Controlling of the IES is located in the Ministry of Finance
(Department of Economic Affairs).

3. About IES Exam
• The UPSC conducts a combined competitive examination for recruitment
to Grade IV officers of the services of IES.
• Eligibility Criteria
• Education: You should have post graduate degree from a recognized
university in Economics or Applied Economics or Business Economics or
Econometrics.
• Age: You must have attained the age of 21 years and must not have
attained the age of 30 years on 1st August of the year of exam.
• Exam Pattern: Part I is written examination carrying a maximum of 1000
marks. The exam is of conventional type. Part II is viva-voce of such
candidates as may be called by the Commission, carrying a maximum of
200 marks.

4. IES Exam Papers
S.No. Subject Marks Time
1 General English 100 3 hours
2 General Studies 100 3 hours
3 General Economics - I 200 3 hours
4 General Economics - II 200 3 hours
5 General Economics - III 200 3 hours
6 Indian Economics 200 3 hours

5. General English and Studies Syllabus
• General English: Candidates will be required to write an essay in English.
Other questions will be designed to test their understanding of English
and workmanlike use of words. Passages will usually be set for summary
or precis.
• General Studies: General Knowledge including knowledge of current
events and of such matters of every day observation and experience in
their scientific aspects as may be expected of an educated person who
has not made a special study of any scientific subject. The paper will also
include questions on Indian Polity including the political system and the
Constitution of India, History of India and Geography of a nature which
the candidate should be able to answer without special study.

6. General Economics I Syllabus
1. Theory of Consumer’s Demand
2. Theory of Production
3. Theory of Value
4. Theory of Distribution
5. Welfare Economics
6. Mathematical Methods in Economics
7. Statistical and Econometric Methods

7. General Economics II Syllabus
1. Economic Thought
2. Concept of National Income and Social Accounting
3. Theory of employment, Output, Inflation, Money and
Finance
4. Financial and Capital Market
5. Economic Growth and Development
6. International Economics
7. Balance of Payments
8. Global Institutions

8. General Economics III Syllabus
1. Public Finance
2. Environmental Economics
3. Industrial Economics
4. State, Market and Planning

9. Indian Economics Syllabus
1. History of Development and Planning
2. Federal Finance
3. Poverty, Unemployment and Human Development
4. Agriculture and Rural Development Strategies
5. India’s experience with Urbanisation and Migration
6. Industry
7. Labour
8. Foreign Trade
9. Money and Banking
10. Inflation
11. Budgeting and Fiscal Policy