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Mocks · IIT JAM · Books

Best books for IIT JAM Economics

A short, subject-wise reading list for IIT JAM Economics (EN): standard references rather than an exhaustive library. Reading builds the concepts; the real past papers below are what turn them into exam-ready speed and accuracy under negative marking.

Mathematics

Fundamental Methods of Mathematical Economics
Alpha C. Chiang & Kevin Wainwright
The standard reference for the calculus, optimisation and linear algebra tested across every one of these exams.

Macroeconomics

Macroeconomics
Olivier Blanchard
Clear, exam-relevant coverage of IS-LM, AD-AS and open-economy macro.

Statistics

Probability and Statistics for Economists
Bruce E. Hansen
A widely used, freely available graduate-level text covering exactly the probability and inference syllabus these exams share.

Development Economics

Economic Development
Michael P. Todaro & Stephen C. Smith
The standard reference for growth models, development theory and human development indices.

Microeconomics

Intermediate Microeconomics: A Modern Approach
Hal R. Varian
Solid grounding before moving to Jehle & Reny for the harder optimisation-heavy questions.
Advanced Microeconomic Theory
Geoffrey A. Jehle & Philip J. Reny
For the constrained-optimisation and general-equilibrium questions that go beyond an intermediate text.

Econometrics

Basic Econometrics
Damodar N. Gujarati
Standard reference for the regression and CLRM topics on the syllabus.
IIT JAM syllabus →Previous year papers →