Welcome to Magme Medal   Click to listen highlighted text! Welcome to Magme Medal
Magme Medal

90‑Day Individual Study Planner for the TRB PG Economics exam, aligned with the latest syllabus. It’s structured to build conceptual clarity, strengthen analytical skills, and enhance answer aptitude through consistent practice.

How to Use

  • Daily Commitment:~3–4 hours
    • 1.5 hrs → Theory + Concept Notes
    • 1 hr → Problem-solving & Model Answers
    • 30–45 min → Revision / Previous-Year Questions
  • Tracking: Use a Google Sheet, Excel, or Notion page with columns for date, topic, notes, time, self-score, and comments.

Days 1–30: Foundation of Core Subjects

Day

Topic – Theory

Practice / Applications

1

Micro: Consumer Behavior – Utility

Solve cardinal/ordinal utility problems

2

Micro: Demand & Supply Analysis

Determine equilibrium shifts

3

Micro: Elasticities

Compute price & income elasticity problems

4

Micro: Production Theory

Short-run cost structure analysis

5

Micro: Market Structures – Perfect Competition

Long-run equilibrium

6

Micro: Monopoly & Price Discrimination

Practice monopoly output/price decisions

7

Micro: Monopolistic & Oligopoly

Basic game theory matrix problems

8

Macro: National Income Concepts

Calculate GDP using expenditure/income methods

9

Macro: Money Supply & Demand

Apply simple LM curve shifts

10

Macro: Inflation & Unemployment

Analyze Phillips curve scenarios

11

Macro: IS–LM Model

Solve IS-LM equilibrium shifts

12

Macro: Open Economy – Macro Parity

Practice Mundell-Fleming model problems

13

Indian Economy – Historical Growth

Compare growth phases

14

Indian Economy – Planning & Reforms

Analyze five-year plan objectives

15

Indian Economy – Banking System

Discuss RBI functions + Monetary policy

16

Quant: Index Numbers & Measurement

Create & interpret index computations

17

Quant: Econometrics – Regression Basics

Perform simple OLS manually

18

Quant: Hypothesis Testing

t-test, z-test problems

19

Quant: Time Series Analysis

Identify trends with given data

20

Development Economics – Concepts

HDI/Gini coefficient problems

21

Dev Econ: Poverty & Inequality

Comparative practice solutions

22

Public Economics – Taxation

Compute tax incidence cases

23

Public Econ: Public Goods & Externality

Design Pigouvian tax case

24

International Trade Theory

Heckscher-Ohlin comparative advantage problems

25

Intl. Trade Policy & WTO

Practice tariff/quota impact

26

Growth Models: Harrod & Solow

Solve growth rate equations

27

Monetary Policy Frameworks

Central bank reaction function analysis

28

Fiscal Policy & Budgeting

Construct budget deficit-stabilizing models

29

Economic Reforms & Liberalization

Impact analysis exercises

30

Revision – Days 1–14

Short quizzes + flashcards

 

Days 31–60: Practice, Application & Reinforcement

Day

Theory Focus

Practice/Assignment

Revision/Notes

31

Advanced Micro – Game Theory basics

Solve 3 entry-level payoff matrix problems

Flashcards for key definitions

32

Market Structures – Oligopoly quasi

Practice Cournot and Stackelberg models

Update summary notes

33

Macro – Advanced IS–LM with fiscal shocks

Solve 2 fiscal stimulus scenarios

Doc summary changes

34

Macro – Open-economy Mundell-Fleming

Practice exchange rate and capital flow problems

Quick sheet updated

35

Indian Economy – Banking & Reform

Case questions on banking crises

One-page notes

36

Indian Economy – Policy impacts

Analyze recent policy papers

Flash current affairs

37

Quant – Time Series forecasting

Train1 of ARMA questions

Graph vs interpretation notes

38

Quant – Hypothesis testing detailed

3 sample tests (z, t, chi-square)

Formula sheet

39

Development Econ – Poverty measurement

Gini & HDI dataset questions

Short notes

40

Development – Human Capital models

Build human capital funnel model

Concept summary

41

Public Econ – Tax Incidence deep dive

Compute incidence scenarios

Notes flashcards

42

Public Econ – Public Goods & Externalities

Pigouvian tax/dr; Coase & real examples

Case summary

43

Trade – Heckscher-Ohlin model

Solve 2 comparative advantage problems

Diagram review

44

Trade policy – Tariffs, quotas, WTO

Practice tariff welfare loss

Chart summary

45

Econometrics – Multivariate regressions

Solve OLS with 3 variables

Notes & interpretation

46

Econometrics – Endogeneity & IV

Practice instrument variable questions

Add to revision sheet

47

Growth Models – Harrod-Domar

Solve growth equilibrium problems

Formula flash notes

48

Growth Models – Solow model deep dive

Save-consumption steady state

Diagram summary

49

Monetary Policy – Interest rate gadgets

RBI repo/CRR/SLR policy impact cases

Policy timeline quickview

50

Fiscal Policy – Deficit financing

Write short answer on fiscal deficit management

Update notes

51

Quant – Index numbers practices

CPI/WPI interpretation problems

Flash calculations

52

Quant – Econometric Testing

ANOVA problem + model selection

Quick CAP table

53

Indian Economy – Five-year plans review

Describe plan goals + outcomes

Flash plan summaries

54

Environment Econ – Externality costs

Solve externality welfare loss cases

Concept revision

55

Dissertation-type writing practice

Write on any one TRB essay topic

Get peer/mentor feedback

56

Currency & Forex – Basics refresher

Solve exchange rate problems

Add to formula sheet

57

Labour & Employment theoretical models

Explain Lewis & Malthus models

Notes update

58

International Finance – BOP concepts

BOP accounting exercises

Flash BO P entries summary

59

Econometrics – Time-series stationarity

Unit root test problems

Diagram notes

60

Combined revision + mini-test (30 Qs)

Attempt mini-practice test

Self-analysis

Days 61–90: Final Sweep & Mastery

Day

Activity

Revision Focus

61

Full Mock #1 (Theory + Problems + Essays)

Note down errors & slow areas

62

Correct mock #1; rewrite flawed essays and answers

Summarize improvements

63

Focus Micro & Macro weak areas

Redo problem sets

64

Full mock #2 – emphasis on Quant & Trade/Policy

Analyse model answer structure

65

Correct mock #2; refine weak solution formats

Flash updates

66

Focus Econometrics & Quantitative methods

Practice additional problems

67

Full mock #3 – essay (pick two economic topics)

Review essay structure

68

Edit and polish mock #3 essays

Add statistical examples

69

Focus Public & Development Economics

Revise definitions and graphs

70

Full mock #4 – timed mini-paper

Self-evaluation

71

Correct mock #4; refine answers

Flash revision

72

Full mock #5 – comprehensive (Mix)

Track time per section

73

Analyse mock #5; rewrite weak answers

Focus on clarity

74

Essay writing day – write 5 essays w/ data/examples

Improve analytical depth

75

Coding-style problem solving – index computations

Refresh formulas

76

Essay mini-test – 2 essays in 60 minutes

Peer feedback

77

Focus Macro policy & Indian Economy

Revise notes & graphs

78

Full mock #6 – include econometrics and time series

Analyze numerical accuracy

79

Revise Mock #6 errors and short-answer question formats

Update flashcards

80

Essay improvement – practice outlining & forming intro/body

Final polish

81

Full mock #7 – timed and under exam conditions

Peer evaluation

82

Correct mock #7 thoroughly

Update notes accordingly

83

Light revision – only flashcards and short essays

Relaxed learning

84

Exercise day – solve 20 problem sets from weak segments

Strengthen problem areas

85

Essay + Theory mix mini-test

Self-assessment

86

Full mock #8 – strong final push

Check readiness

87

Analyze mock #8; rework weak answering style

Final adjustments

88

Quick revision – all flashcards

Relaxed preparation

89

Final mini-test (15 Qs + 1 essay)

Confidence boost

90

Simulated full exam (4 hrs) + Rest & reflection

Celebrate consistency!

Tips for Days 31–90

  • Attend mocks under strict timed conditions.
  • Review and rewrite every error or weak response.
  • Use flashcards daily to reinforce key models, formulas, and definitions.
  • Involve a study partner for essay feedback if possible.
  • Limit new content after Day 85 — focus on clarity and confidence.

 

Loading

Click to listen highlighted text!