All posts by admin

UGC-NET Economics Online Course – December 2020 batch

Economics Harbour provides UGC NET Economics Aspirants an interactive learning experience to excel in the competitive examinations. Thus, we provide a 3-month course to cover the entire syllabus so that you are well-prepared. Details of the course are as follows:

  1. Date of Commencement: December 7, 2020
  2. Tenure: 3 months
  3. Online classes will be held using Zoom App
  4. Schedule: Classes will be conducted Monday to Friday (1.5 hours everyday)
  5. Recorded lectures will be provided for future reference
  6. Latest Study Material: You will get a printed copy delivered at your address.
  7. Online Mock Test Series: 10 tests (100 questions each to be answered in 2 hours). The tests will be conducted one-month prior the examination on our website.
  8. All time guidance

Fees: Rupees 4,000/- per month (Maximum to be paid for a period of 3 months)*

*Recorded lectures will be provided to the student since their joining of the course.

For more details, feel free to Call/Message/WhatsApp us at +91-7837587648 or email us at

Online Economics Crash Courses

Economics Harbour is beginning with its Online Economics Crash Courses: Graduation


  1. Tutor: PhD in Economics
  2. Online Interactive Classes conducted on Zoom
  3. Recorded Lectures
  4. Classes: Monday to Friday (1 hour everyday)
  5. Courses covered: Micro-Economics and Macro-Economics
  6. Course fees: Rupees 5,000/- per course

For more details, email us at or Call/Message/WhatsApp us at

UGC NET Economics Study Material – Seventh Edition

After successful 6 years, in our 7th edition we are introducing you to the new way of learning. So the question is what’s new?

  1. Study Material: Comprehensive + Introduces new way of learning + surprise quizzes in between to keep your preparation up to the mark + fun facts + as per the latest syllabus + Practice Sample Papers + Questions after every unit – Phew!!
  2. Online Mock Test Series: 10 tests on the website and yes the clock will start ticking as soon as you start the paper. So 100 questions and 2 hours – Get used to the rush so that you feel relaxed on the D-Day.
  3. One Doubt Session per week: Everybody has doubts or just needs to boost their confidence. So how about a session with you every Saturday? Clear your doubts, talk to us about your preparation and of course any preparation technique. This is valid till coming UGC NET Economics Exam.
  4. All time guidance: Need us to help you prepare the schedule or any other query, we are just a call away.

So isn’t this interesting? Now what about the price?

Cost of this programme: Rupees 5,500/- (inclusive of all charges)

So don’t hold yourself in preparing for the exam. Be a part of the Economics Harbour Family because We Teach How To Reach Success and we put in every ounce of effort to help you achieve your goal

Call/Message/WhatsApp us at +91-7837587648 or email us at

UGC NET Economics Online Classes – December 2020 Batch

Starting Date: December 7, 2020

Duration: 3 Months

Schedule: Monday to Friday (1.5 hours everyday)

Mentor: Dr. Manleen Kaur

Inclusions: Online classes + recorded lectures + Study Material + Online Mock Test Series

Batch Size: Maximum 15 students

Fees: Rupees 12,500/- (inclusive of all charges).

Incentive: 10% of the fees will be refunded if the student clears the exam in the same term.

For more details, feel free to email us at or Call/Message/WhatsApp us at +91-7837587648.

UGC NET Economics Online Course: December 2020 Batch

Beginning from: December 7, 2020

Duration: 3 months

Schedule: Monday to Friday (1.5 hours everyday)

Mentor: Dr. Manleen Kaur, PhD in Economics, top scorer of UGC NET JRF. Many students have cleared their exam (NET and JRF) under her guidance.

Her Mantra: Guide few but put in every ounce of effort to help them clear the exam.

Inclusions: Online live classes, Recorded lectures, Study Material and Online Mock Test Series

Batch Size: 15 students

Fees: Rupees 12,500/- (inclusive of all charges)

Offer: 10% of the Fees will be refunded if you clear the exam in the same term.

For more details, feel free to email us at or Call/Message/WhatsApp us at +91-7837587648.

Indian Economy Updates: September 2020

  • Finance Ministry states that Indian economy is experiencing a V-shaped recovery. Factors like tractor sales, e-way bills, GST collections, power consumption, etc. led to such a pattern.
  • Agriculture sector grew at 3.4% in Q1 of 2020-21 as compared to 3% in Q1 of 2019-20 and boosted economic growth. Service sector worst hit due to decline in global demand.
  • Bank of Baroda, Bank of India, Canara Bank and Union bank of India ratings downgraded by Moody. This was because Covid-19 might weaken borrowing credit profiles and affect bank’s asset quality.
  • According to Moody, there is a rise in non-performing loans because of prolonged financial stress, weak job creation and credit crunch.
  • In Q1, the consumer spending and investment declined significantly but the government spending grew by 16%.
  • The fall in the output of eight core sectors decreased by 9.6% in July due to liquidity crisis and labour shortages during lockdown.
  • Gross value added of agriculture and allied sectors grew by 5.7% in Q1 of 2020-21 as compared to 8.6% in Q1 of 2019-20.
  • Agricultural inflation was 2.3% in Q1 of 2020-21 as compared to 5.6% in Q1 of 2019-20.
  • Industrial production further contracted by 10.4% in July 2020, which was slower than in June (16.5%), April (57.6%).
  • All the components of Index of Industrial Production (IIP), which are mining, manufacturing and electricity experienced a contraction.
  • Mining activity fell by 13% in July as compared to 19.8% in June, electricity experienced 2.5% fall in July as compared to 10% in June. Capital goods segment contracted by 22.8% in July 2020 and 37.4% in June 2020 and 90% in April 2020.
  • India’s ranking in Economic Freedom is now 105 out of 162 countries in 2018, while in 2017 the same was 79 out of 162 countries. The data was released by Centre for Civil Society in collaboration with Canada’s Fraser Institute. The indicators of the index are namely: 1) Freedom to trade internationally (India’s rank: 2018- 139, 2017-137), 2) Regulation (India’s rank: 2018-122, 2017-114), 3) Size of the government (India’s rank: 2018- 54, 2017- 36), 4) Legal System and Property rights (India’s rank: 2018-79, 2017 – 79), 5) Sound money (India’s rank: 2018 – 88, 2017 – 89). The index is marked on a scale of 10, closer to 10, more is the economic freedom.
  • The budgetary spending till August 2020, India has spent 1.2% of its GDP. Mexico and Turkey are the only two countries who have spent less than India amongst the 20 major countries in the world.
  • CRISIL has estimated that the GDP in the financial year of 2020-21 will contract by 9% because of uncertainty regarding the spread of Covid-19 and lack of adequate fiscal support from the government. CRISIL suggested that the government should increase the fiscal expenditure and provide support to vulnerable households and small businesses hit hard by the pandemic.
  • Consumer Price Index (CPI) in August 2020 is 6.7% while the same in July 2020 was 6.73%. India is now experiencing a situation of low growth and high inflation. WPI rose by 0.16% in August 2020. In case of manufacturing goods, WPI is 1.3% (as in August 2020). The rise in manufactured food products rose at a rate of 4.7%.
  • Food inflation increased by 3.8% in August 2020. The growth rate of food inflation was higher in July 2020 (4.1%). This downtrend was mainly due to fall in prices of cereals, pulses, vegetables and milk.
  • The Central government has proposed an additional expenditure of Rupees 1.67 trillion in the financial year 2020-21 to recapitalise banks, fight covid-19 and also to support welfare schemes announced by the government. This expenditure will increase the fiscal deficit to 7.4% of GDP in 2020-21.
  • Standard and Poor’s has estimated that the fall in GDP of India in 2020-21 will be 9% due to rising covid-19 cases and a consequent fall in the private spending and investment.
  • Pradhan Mantri Matsya Sampada Yojana (PMMSY): A flagship scheme to focus and encourage sustainable development of fisheries sector in India. An initial investment will be to the extent of Rupees 20,050 crores spread over its implementation period from 2020-21 to 2024-25. This scheme is a part of Aatmanirbhar Bharat.

Mock Test Series for UGC NET Economics (September 2020)

Purchase the Mock Test Series for just Rupees 650/-. Try Mock 1 for free.


  1. Number of questions: 100 (Paper 2: Economics)
  2. No negative marking
  3. Time: 2 Hours

To place your order, email us at or Call/Message/WhatsApp us at +91-7837587648.