Description
DIFFICULT ECONOMIC
CONCEPTS IN NEWS
PART-II
50+ Important Economic Concepts Explained for UPSC Prelims
Understand the Concept. Connect it with Current Affairs. Crack the UPSC Statement.
⚠️ DON’T IGNORE THESE CONCEPTS
You may read Economic Times and other economic news every day.
But simply reading the news is not enough.
Important economic terminology appearing in current affairs can become the
foundation of a difficult statement-based UPSC Prelims question.
The concept you skip today could be the concept you struggle with in the exam.
WHAT’S INSIDE PART-II?
More than 50 difficult and important economic concepts explained
with a clear UPSC Prelims perspective.
International Trade
Financial Markets
Global Economy
Energy Economics
AI & Economy
Growth & Productivity
Financial Stability
Globalisation
Some of the Concepts Covered
✓ Financial Fragmentation
✓ Trade Fragmentation
✓ Global Value Chains
✓ Nearshoring, Friendshoring & Reshoring
✓ MFN Principle
✓ Bound & Applied Tariffs
✓ Tariff Escalation
✓ Trade Diversion & Trade Creation
✓ Energy Supply Shock
✓ AI Investment Boom
✓ Potential Growth & Productivity Shock
✓ Deleveraging
✓ Financial Stability Risk
✓ Trilemma / Impossible Trinity
✓ Financial Repression
WHY YOU SHOULD READ THIS
UPSC does not always ask you to directly define an economic term.
It can hide the concept inside a statement-based question.
If you understand the concept, you have a much better chance of
identifying the correct statement and eliminating the traps.
Don’t wait until revision time to discover that you never understood
an important economic concept.
📚 MISSED PART-I?
If you haven’t studied Part-I, you can get it separately and
complete the two-part series of difficult economic concepts.
DON’T MISS THE CONCEPTS HIDDEN IN THE NEWS.
Read the concepts now. Understand them before UPSC tests them in
a statement-based question.
Digital PDF • Instant Access
