UNIT - I Introductory Microeconomics

1. Definitions, Nature and Scope of Economics 2. Study Methods of Economics 3. Economic Problem : Scarcity and Choice 4. Markets and Competition 5. Economic Systems : Capitalism, Socialism and Mixed Economy 6. Graphic Presentation of Data 7. Demand Analysis 8. Supply Analysis 9. Market Equilibrium or Equilibrium Price 10. Applications of Demand and Supply Curves (Consumer’s Surplus and Producer’s Surplus) 11. Price-Mechanism and Allocations of Resources 12. Elasticity and its Applications 13. Taxes and Costs of Taxations 14. Consumption Decision : Indifference Curve, Budget Line and Change in Income and Price 15. Production Process and the Behaviour of Profit Maximi-zing Firms 16. Price Determination Under Perfect Competition 17. Monopoly : Price Determination, Measurement of Monopoly Power, Monopoly Control and Taxation and Monopoly Regulation 18. Costs in the Short Run and Long Run 19. Concept of Revenue 20. Labour Market and Analysis of Labour Demand and Supply 21. Labour Market in India 22. Land : Meaning and Characteristics 

UNIT - II Elementary Statistics for Economics

1. Introduction to Statistics and Basic Concepts 2. Types of Data : Primary and Secondary Data 3. Census and Sample Investigation 4. Classification and Tabulation of Data 5. Diagrammatic Presentation of Data 6. Graphic Presentation of Data 7. Measures of Central Tendency 8. Geometric Mean and Harmonic Mean 9. Partition Values or Quartiles or Other Measures Based on Median Principles 10. Measures of Dispersion 11. Measures of Skewness 12. Correlation 13. Regression Analysis 14. Analysis of Time-Series 15. Index Number 16. Probability 17. Moments 18. Measures of Kurtosis.