Here is a 30-Day Microeconomics Revision Plan for UGC NET Economics (Paper II)
Designed specially for serious aspirants targeting June 2026.This plan assumes:
- 3–4 hours daily study
- Concept + PYQ + Practice approach
- Weekly revision + mock integration
📅 WEEK 1: Consumer Theory (Foundation Building)
🔹 Day 1
- Cardinal Utility Theory
- Marshallian Demand
- PYQs from utility & consumer equilibrium
🔹 Day 2
- Ordinal Utility Theory
- Indifference Curve properties
- MRS & budget constraint
🔹 Day 3
- Income & Substitution Effect
- Hicks vs Slutsky method
- Slutsky Equation (Important)
🔹 Day 4
- Revealed Preference Theory
- Weak & Strong Axiom
- Applications
🔹 Day 5
- Duality in Consumption
- Hicksian vs Marshallian demand
- Expenditure function
🔹 Day 6
- Numerical Practice (Slutsky, Demand derivation)
- Solve 40–50 PYQs
🔹 Day 7 (Revision Day)
- Revise entire Consumer Theory
- Attempt 1 sectional test
📅 WEEK 2: Producer Theory & Cost
🔹 Day 8
- Production Function (Cobb-Douglas, CES)
- Returns to scale
🔹 Day 9
- Cost minimization
- Expansion path
🔹 Day 10
- Cost Curves (SR & LR)
- Envelope curve
🔹 Day 11
- Duality in Production
- Shephard’s lemma
🔹 Day 12
- Profit maximization
- Hotelling’s lemma
🔹 Day 13
- Numerical practice
- PYQs (last 15 years)
🔹 Day 14 (Revision + Test)
- Full revision
- Sectional mock
📅 WEEK 3: Market Structure + Game Theory🔹 Day 15Perfect Competition
- SR & LR equilibrium
- Shutdown condition
🔹 Day 16Monopoly
- Price discrimination
- Lerner index
- Welfare loss
🔹 Day 17Monopolistic Competition
- Excess capacity
- Chamberlin
🔹 Day 18Oligopoly Models
- Cournot
- Bertrand
- Stackelberg
🔹 Day 19 Game Theory
- Nash equilibrium
- Dominant strategy
- Mixed strategies
🔹 Day 20 Advanced Game Theory
- Repeated games
- Subgame perfect equilibrium
🔹 Day 21 (Revision + Test)
- 2 hour sectional mock
- Analyze mistakes
📅 WEEK 4: General Equilibrium + Welfare + Market Failure
🔹 Day 22 Edgeworth Box
- Exchange equilibrium
- Contract curve
🔹 Day 23 Pareto Optimality
- First & Second Welfare Theorem
🔹 Day 24 Social Welfare Function
- Bergson-Samuelson
- Arrow’s Impossibility Theorem
🔹 Day 25 Externalities
- Pigouvian tax
- Coase theorem
🔹 Day 26 Public Goods
- Free rider problem
- Lindahl equilibrium
🔹 Day 27 Information Economics
- Adverse selection
- Moral hazard
- Principal-agent
🔹 Day 28 Factor Pricing
- Euler’s theorem
- Ricardian rent
- Monopsony
📅 FINAL 2 DAYS (Exam Simulation)
🔹 Day 29
- Full Microeconomics Mock (3 hours)
- Deep analysis
🔹 Day 30
- Formula revision
- Model summary revision
- Mistake notebook revision
🎯 Daily Study Structure (Very Important)Each day follow this format:
- 60% Concept clarity
- 30% PYQs
- 10% Error revision
🔥 High Priority Topics (Revise Twice)
- Slutsky Equation
- Cournot & Bertrand
- Nash Equilibrium
- Pareto Optimality
- Price Discrimination
- Cost minimization
- Arrow’s theorem
- Externalities
Launch your Graphy