Chapter 1 | An Introduction to Economics | UPSC Indian Economy Podcast

🎙️ Introduction to Economics | Indian Economy (Ramesh Singh) | UPSC CSE In this episode of The UPSC Podcast, we introduce the fundamentals of Economics as explained in Indian Economy by Ramesh Singh, a core reference book for UPSC Civil Services Examination. This discussion helps beginners build a strong conceptual foundation before moving to advanced topics like growth, development, inflation, fiscal policy, and economic reforms. 📘 Topics Covered: • Meaning and scope of Economics • Microeconomics vs Macroeconomics • Basic economic concepts used in UPSC syllabus • Importance of Economics for governance and policymaking • Relevance of Economics in Prelims, Mains & Interview • How Ramesh Singh approaches Indian Economy concepts 🎯 Who should listen? ✔️ UPSC CSE aspirants ✔️ State PSC students ✔️ Beginners in Indian Economy ✔️ GS Paper III aspirants 📝 Why this episode matters? Understanding the basics of Economics is essential to analyze issues related to development, poverty, employment, budgeting, inflation, and economic reforms—all crucial areas in UPSC GS papers. 📌 Source Book: Indian Economy by Ramesh Singh 🔔 Subscribe to The UPSC Podcast for crisp, concept-based discussions on Indian Economy, Polity, History, Art & Culture, and current affairs—designed strictly as per the UPSC syllabus.