Gokhale Institute of Politics and Economics - B.Sc Economics

GIPE B.Sc (Eco) 2021: Application Form, Eligibility, Syllabus, Results & More


About the Institute


Gokhale Institute of Politics and Economics (GIPE), Pune, is one of the oldest research and training institutes in Economics in the country. Its primary objectives are research in the socio-economic dimensions of the Indian society and training to researchers in this domain. Established in 1930 by the Servants of India Society, the Institute is registered under the Societies Registration Act, 1860, and the Bombay Public Trusts Act, 1950.


In view of the outstanding and sustained contribution of the Institute to teaching, training, and research in Economics since its inception, and in recognition of its potential to emerge as a centre of excellence in the field of teaching and research in Economics, the University Grants Commission, in 1993, granted to the Institute the status of an Institution Deemed to be University.


B. Sc. (Economics) Programme


The programme is oriented towards fulfilling three primary objectives. First, equipping students with a firm grounding in core economic theory. Second, introducing them to various applications of economic theory in the real world. Third, developing a quantitative and analytical bent of mind.


Future Prospects


Students of the Institute are employed in academic research institutions, international agencies, non-governmental agencies working in developmental issues, financial institutions, forecasting companies, analytic firms, insurance companies, banking sector, retail sector companies, consulting firms, economic journalism, etc. Students may also choose to pursue their master’s degrees, whether in Gokhale Institute or outside.




Candidates willing to seek admission to the B. Sc. (Economics) Programme at GIPE must secure at least 60% marks in aggregate (50% marks for SC/ST category candidates) in their 12th Standard board examination or equivalent examinations.


The candidates appearing for the HSC board examination or equivalent board examinations during 2020-21 and their results are awaited shall also be eligible to apply to the entrance examination. However, the candidates must convey to the Institute the results of the qualifying exams as soon as the results are declared, preferably by e-mail, to consider their applications for entrance examination and admission.


About Entrance Examination


Candidates seeking admission to the B.Sc. (Economics) programme shall be required to appear for GIPE Entrance Examination B.Sc. (Economics) 2021.


Exam Pattern


Name of the Exam

 GIPE Entrance Examination B.Sc (Economics)

Exam Level

 College Level

Conducting Body

 Gokhale Institute of Politics and Economics

Mode of the examination

 Computer-based examination

Duration of the examination

 2 hours

Language of the examination


Type of Questions

 Objective Type Questions (MCQs)

Number of Sections


Total Number of Questions


Total Marks



Sectional Weightage



No. of Questions


Aptitude in Mathematics



Analytical Ability and Reasoning



Proficiency in English Language







Marking Scheme


  • For each correct answer, you will be awarded 1 mark.
  • There is NO NEGATIVE MARKING for the wrong answers.


Syllabus for Entrance Examination


The Entrance Examination will comprise the following components:


Section A: Aptitude in mathematics


Basic concepts in mathematics (detailed outline of the syllabus for entrance examination 2021 given below) will be covered up to the 12th standard of the CBSE syllabus.




  Number System

  • Natural numbers, integers, rational numbers and irrational numbers, imaginary numbers
  • Representation on the number line
  • Properties of real numbers
  • Definition of nth root of a real number, complex roots
  • Surds - Definition
  • Forms of surds
  • Operations and Laws of surds
  • Rationalisation of Surds


  • Types of sets  
  • Subset - Proper, Improper subset
  • Super-set
  • Universal set
  • Venn diagrams
  • Operations on sets


  • Profit and loss, discounts
  • Compound interest
  • Time, work, distance
  • Ratio and Proportion
  • Variation
  • LCM, HCF


  • Basic Algebraic Identities
  • Equations - Linear & Quadratic sequence
  • Series (AP, GP, HP)
  • Arithmetic mean and geometric mean

  Probability, Permutation, and Combination

  • Types of events and related issues

  Basic statistics and graphs

  • Mean, median and mode of grouped data
  • Histograms, frequency polygon, frequency curve, pie diagram
  • Ogives (Cumulative frequency graphs)
  • Relation between measures of central tendency
  • Cartesian coordinate system
  • Understanding of graphs of lines parallel to axes, Graph of line ax + by + c = 0


Section B: Analytical Ability and Reasoning


  • Critical thinking
  • Verbal-logical thinking
  • Numerical reasoning
  • Series
  • Coding-Decoding
  • Blood Relations
  • Direction Sense Test
  • Logical Venn Diagrams
  • Alphabet Test
  • Sitting Arrangements
  • Mathematical Operations
  • Classification


Section C: Proficiency in English language (20 marks)


  • Reading comprehension
  • Vocabulary
  • Applied grammar
  • Sequencing of ideas