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APPSC / TSPSC Assistant Statistical Officer (ASO) Economics UNIT-I material Using NCERT

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ASO Economics – UNIT-I Complete Study Index

à°ˆ à°ªేà°œీà°²ో ASO Economics UNIT-Ià°•ి à°¸ంà°¬ంà°§ింà°šిà°¨ à°…à°¨్à°¨ి à°®ుà°–్యమైà°¨ topicsà°¨ు syllabus orderà°²ో à°’à°•ేà°šోà°Ÿ à°ªొంà°¦ుపరిà°šాం. à°ª్à°°à°¤ి topicà°ªై à°•్à°²ిà°•్ à°šేà°¸ి à°† topicà°•ు à°¸ంà°¬ంà°§ింà°šిà°¨ detailed Telugu notes, important concepts, formulas, examples మరిà°¯ు MCQs చదవవచ్à°šు.
UNIT-I: Economic Concepts
Syllabus Coverage:

Production → Consumption → Demand → Elasticity → Market Structures & Equilibrium → Price Determination → National Income → Employment → Consumption → Saving → Investment → Rate of Interest → Profit → Money → Money Supply → Velocity → Banking → Central Bank → Price Level → Inflation → Public Finance
A. Micro Economics
1 Production – ఉత్పత్à°¤ి Production concepts, factors of production, production function and important exam points. 2 Concept of Consumption – à°µిà°¨ిà°¯ోà°— à°­ావన Meaning of consumption and its basic economic concepts. 3 Demand – à°¡ిà°®ాంà°¡్ Demand function, determinants, Law of Demand, demand curve, exceptions, movement and shifts in demand. 4 Elasticity of Demand – à°¡ిà°®ాంà°¡్ à°µ్à°¯ాà°•ోà°šà°¤్à°µం Price, Income and Cross Elasticity; degrees of elasticity; Point, Arc and Total Expenditure methods. 5 Market Structures & Equilibrium – à°®ాà°°్à°•ెà°Ÿ్ à°¨ిà°°్à°®ాà°£ాà°²ు మరిà°¯ు సమతౌà°²్à°¯ం Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly, market equilibrium and firm equilibrium. 6 Price Determination – à°§à°° à°¨ిà°°్ణయం Demand–Supply equilibrium, excess demand, excess supply, price ceiling and price floor.
B. National Income, Employment & Income Determination
7 National Income – à°œాà°¤ీà°¯ ఆదాà°¯ం GDP, GNP/GNI, NDP, NNP/NNI, nominal and real GDP, methods of measurement and related aggregates. 8 Employment – ఉపాà°§ి Labour force, workforce, LFPR, WPR, unemployment rate, types of unemployment and employment concepts. 9 Consumption Function – à°µిà°¨ిà°¯ోà°— à°ª్à°°à°®ేà°¯ం Keynesian consumption function, APC, MPC, autonomous consumption, induced consumption and break-even point. 10 Saving – à°ªొà°¦ుà°ªు Saving function, APS, MPS, break-even income, saving–investment relationship and Paradox of Thrift. 11 Investment – à°ªెà°Ÿ్à°Ÿుబడి Autonomous and induced investment, MEC, multiplier, accelerator and saving–investment equilibrium. 12 Rate of Interest – వడ్à°¡ీ à°°ేà°Ÿు Classical theory, Loanable Funds theory, Keynesian Liquidity Preference, nominal and real interest rates. 13 Profit – à°²ాà°­ం Accounting and economic profit, normal and supernormal profit, Risk, Uncertainty, Innovation and Dynamic theories of profit.
C. Money & Banking
14 Money – à°¦్à°°à°µ్à°¯ం Meaning, evolution, functions, types, legal tender, fiat money, near money and high-powered money. 15 Measures of Money Supply – à°¦్à°°à°µ్à°¯ సరఫరా à°•ొలమాà°¨ాà°²ు M1, M2, M3, M4, Reserve Money, Narrow Money, Broad Money and Money Multiplier. 16 Velocity of Money – à°¦్à°°à°µ్à°¯ à°šà°²ామణి à°µేà°—ం Fisher's Equation of Exchange, income velocity, Cambridge cash-balance approach and V–k relationship. 17 Banks and Credit Creation – à°¬్à°¯ాంà°•ుà°²ు మరిà°¯ు పరపతి à°¸ృà°·్à°Ÿి Commercial bank functions, deposits, loans, multiple credit creation, deposit multiplier and limitations. 18 Banks and Portfolio Management – à°¬్à°¯ాంà°•ుà°²ు మరిà°¯ు à°ªోà°°్à°Ÿ్‌à°«ోà°²ిà°¯ో à°¨ిà°°్వహణ Safety, Liquidity and Profitability, bank assets, ALM, credit risk, liquidity risk and NPAs. 19 Central Bank & Control over Supply of Money – à°•ేంà°¦్à°° à°¬్à°¯ాంà°•ు మరిà°¯ు à°¦్à°°à°µ్à°¯ సరఫరా à°¨ిà°¯ంà°¤్à°°à°£ RBI functions, monetary policy, Repo Rate, CRR, SDF, MSF, OMO and quantitative/qualitative credit controls.
D. Price Level & Inflation
20 Determination of Price Level – à°§à°°à°² à°¸్à°¥ాà°¯ి à°¨ిà°°్ణయం General price level, aggregate demand–aggregate supply, money supply and price-level relationships. 21 Inflation – à°¦్à°°à°µ్à°¯ోà°²్బణం Meaning, types, causes, CPI/WPI measurement, effects and monetary/fiscal measures to control inflation.
E. Public Finance – à°ª్à°°à°­ుà°¤్à°µ à°µిà°¤్à°¤ం
22 Public Finance – à°ª్à°°à°­ుà°¤్à°µ à°µిà°¤్à°¤ం Public expenditure, public revenue, public debt, fiscal policy and financial administration. 23 Government Budget – à°ª్à°°à°­ుà°¤్à°µ బడ్à°œెà°Ÿ్ Revenue Budget, Capital Budget, receipts, expenditure, Balanced, Surplus and Deficit Budgets. 24 Taxes – పన్à°¨ుà°²ు Direct and Indirect Taxes, Progressive, Proportional and Regressive taxation, Canons of Taxation and GST. 25 Non-Tax Revenue – పన్à°¨ేతర ఆదాà°¯ం Fees, fines and penalties, dividends, interest receipts, user charges and other non-tax sources. 26 Budget Deficits – బడ్à°œెà°Ÿ్ à°²ోà°Ÿుà°²ు Revenue Deficit, Fiscal Deficit and Primary Deficit, formulas, interpretation and numerical problems.
UNIT-I Quick Index
No. Topic Section
1 Production Micro Economics
2 Concept of Consumption Micro Economics
3 Demand Micro Economics
4 Elasticity Micro Economics
5 Market Structures & Equilibrium Micro Economics
6 Price Determination Micro Economics
7 National Income Macro Economics
8 Employment Macro Economics
9 Consumption Function Macro Economics
10 Saving Macro Economics
11 Investment Macro Economics
12 Rate of Interest Macro Economics
13 Profit Macro Economics
14 Money Money & Banking
15 Money Supply Money & Banking
16 Velocity of Money Money & Banking
17 Banks & Credit Creation Money & Banking
18 Banks & Portfolio Management Money & Banking
19 Central Bank & Money Supply Control Money & Banking
20 Determination of Price Level Price Level
21 Inflation Price Level
22 Public Finance Public Finance
23 Government Budget Public Finance
24 Taxes Public Finance
25 Non-Tax Revenue Public Finance
26 Budget Deficits Public Finance
Recommended Preparation Order:

Production → Consumption → Demand → Elasticity → Market Structures → Price Determination → National Income → Employment → Consumption Function → Saving → Investment → Interest → Profit → Money → Money Supply → Velocity → Banking → Portfolio Management → Central Bank → Price Level → Inflation → Public Finance → Budget → Taxes → Non-Tax Revenue → Budget Deficits
Exam Preparation Strategy:

à°ª్à°°à°¤ి topicà°²ో à°®ుంà°¦ుà°—ా Concepts & Definitions చదవంà°¡ి → తర్à°µాà°¤ Formulas / Comparisons revise à°šేà°¯ంà°¡ి → à°šివరగా MCQs, Numerical Problems మరిà°¯ు Assertion–Reason Questions practice à°šేà°¯ంà°¡ి.
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