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IIT JAM Economics previous papers and answer keys: 2021–2026

Download IIT JAM Economics papers from 2021 to 2026 and the available answer keys. Learn how to check your answers and practise full papers.

6 min read
Work through a previous paperQuestion paperFinal answer keyReview

Here are the six Economics papers from 2021 to 2026, each with 60 questions for 100 marks. The table includes the available official answer keys. You can use individual questions during topic study and save a few complete papers for timed practice.

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Question papers and answer keys

Question papers and answer keys
Exam yearQuestion paper downloadAnswer key
2026Question paperFinal key
2025Question paperFinal key
2024Question paperNot available
2023Question paperNot available
2022Question paperFinal key
2021Question paperArchive-linked key

The 2021 key opens in Google Drive from IIT Bombay's official archive.

Official archives: JAM 2025 and JAM 2026.

Checking your answers

The answer key follows the question numbers in the linked paper. If you use another copy, check that its questions and options are in the same order.

For MCQs, compare the option against that same master question. For MSQs, check the whole set of correct options. For NATs, use the accepted numerical range. A worked solution may round at an intermediate step, so calculate with enough precision before checking your answer.

MTA means “marks to all”. Follow that instruction where it appears in the final key.

When should you attempt a full paper?

You can start solving PYQs as you finish each topic. If you get stuck, work through a solved example from your notes or textbook, then try the question again.

Keep two or three papers for full-length practice once you have covered most of the syllabus. Give yourself three hours, keep your notes closed and use the exam's marking scheme to calculate your score. This will help you see whether you can finish in time and which questions take you longer.

Choose a paper you have not solved before for this exercise. Papers whose answers you remember are still useful for revision.

Do the old papers cover the 2027 syllabus?

The syllabus has changed for 2027. It now explicitly names topics such as KKT conditions, sequential games and detailed asset pricing. Make time for these even if you do not find questions on them in the older papers. We explain the syllabus changes here.

To see how many marks each subject carried from 2021 to 2026, read our PYQ analysis.