Foundational knowledge in economics is paramount for success in UPSC as it forms the basis for understanding national policies, market dynamics, and resource allocation. Candidates should be familiar with fundamental concepts such as microeconomics, macroeconomics, and development economics. Understanding economic indicators and theories equips candidates to analyze contemporary economic issues critically. Furthermore, a strong grasp of economics facilitates compelling arguments in essay writing and interviews, particularly when discussing policy implications and economic reforms relevant to India’s development.