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IIT JAM Economics (EN)
IIT · 180 min · 60 questions · MCQ, MSQ and NAT
Accepted by IIT Kanpur · IIT Roorkee · IIT Delhi
Your first mock is free
IIT JAM 2026
60 questions · 180 min
About IIT JAM
Once a year · Computer-based test (CBT)
IIT JAM Economics (EN) is set each year by one of the IITs and fills the MSc Economics seats at IIT Delhi, IIT Kanpur and IIT Roorkee. It has 60 questions and 100 marks in three hours, in three sections: multiple choice with negative marking, multiple select, and numerical answer. An on-screen calculator is provided.
Marking
- MCQ: +1 / −0.33, +2 / −0.67
- MSQ: +2, no negative marking, all options must be right
- NAT: +1 or +2, no negative marking
Eligibility
A bachelor's degree. Each admitting IIT lists its own subject requirements in that year's JAM brochure.
Key dates
2027 cycle
What gets asked
Full syllabus →Share of 360 past-paper questions.
Microeconomics
24%
Macroeconomics
17%
Mathematics
17%
Statistics
15%
Indian Economy
10%
Economics of Growth and Development
5%
Books
All 7 books →Mathematics
Fundamental Methods of Mathematical Economics
Alpha C. Chiang & Kevin Wainwright
Macroeconomics
Macroeconomics
Olivier Blanchard
Statistics
Probability and Statistics for Economists
Bruce E. Hansen
Questions
Is there negative marking in IIT JAM Economics?
Yes for MCQ-type questions; Multiple Select Questions (MSQ) and Numerical Answer Type (NAT) questions carry no negative marking. See the exam pattern table above for the exact split this platform's papers use.
Do I need an Economics degree to appear for IIT JAM Economics?
It depends on the IIT. Each admitting institute lists its own subject requirements in that year's JAM brochure.
How is IIT JAM Economics different from GATE Economics?
They overlap heavily in syllabus, but GATE XH-C1 tends to go slightly further into general equilibrium, welfare economics and real analysis, and its candidate pool skews toward those also preparing for a PhD-track admission.
Can previous year JAM Economics papers repeat questions?
Exact repeats are rare, but the subjects that carry weight stay steady from year to year. The subject shares above show where it falls.
What score is considered good for IIT JAM Economics?
It varies by year and by institute. The latest qualifying marks and the closing ranks for the IIT you want are the numbers to aim past.