Here are some recommended books for preparing for the UPSC Indian Economic Service (IES) exam, categorized according to the subjects in the syllabus:
General English
- “High School English Grammar & Composition” by Wren & Martin
- “Word Power Made Easy” by Norman Lewis
- “Objective General English” by S.P. Bakshi
General Studies
- “General Studies Paper I Manual” by McGraw Hill Education
- “Manorama Yearbook” for current affairs
- “India Year Book” by the Government of India
Economics Paper I (General Economics-I)
- Microeconomic Analysis
- “Microeconomics: Theory and Applications” by Dominick Salvatore
- “Microeconomic Theory” by H.L. Ahuja
- Macroeconomic Analysis
- “Macroeconomics” by Dornbusch and Fischer
- “Macroeconomics: Theory and Policy” by H.L. Ahuja
- Economic Thought
- “A History of Economic Thought” by Lionel Robbins
- “A History of Economic Thought” by E.K. Hunt and Mark Lautzenheiser
- International Economics
- “International Economics” by Paul Krugman and Maurice Obstfeld
- “International Economics” by H.G. Mannur
- Public Finance
- “Public Finance” by H.L. Bhatia
- “Public Finance in Theory and Practice” by Richard A. Musgrave and Peggy B. Musgrave
Economics Paper II (General Economics-II)
- Economic Development and Growth
- “Economic Development” by Michael P. Todaro and Stephen C. Smith
- “Development Economics” by Debraj Ray
- Indian Economy
- “Indian Economy” by Ramesh Singh
- “Indian Economy: Performance and Policies” by Uma Kapila
- “Indian Economy” by Mishra and Puri
- Globalization and Trade
- “International Economics” by Paul Krugman and Maurice Obstfeld
- “Globalization and its Discontents” by Joseph Stiglitz
Economics Paper III (General Economics-III)
- Statistical and Econometric Methods
- “Introduction to the Theory of Statistics” by Mood, Graybill, and Boes
- “Basic Econometrics” by Damodar N. Gujarati
- Theory of Consumer Demand
- “Microeconomics: Theory and Applications” by Dominick Salvatore
- Theory of Production and Cost
- “Microeconomic Theory” by H.L. Ahuja
- Theory of Firm and Market Structure
- “Microeconomic Theory” by H.L. Ahuja
- Pricing Practices
- “Industrial Organization: Theory and Practice” by Don E. Waldman and Elizabeth J. Jensen
Indian Economics (Paper IV)
- Indian Agriculture
- “Indian Agriculture” by Ramesh Chand
- Indian Industry
- “Indian Economy” by Mishra and Puri
- “Indian Economy: Performance and Policies” by Uma Kapila
- Labour
- “Industrial Relations, Trade Unions, and Labour Legislation” by Sinha, Sinha, and Shekhar
- Trade
- “International Economics” by H.G. Mannur
- Finance
- “Indian Financial System” by M.Y. Khan
These books cover the essential topics and provide a strong foundation for the IES exam. Additionally, regularly reading economic journals, newspapers, and government reports will help keep you updated on current economic issues and trends.
