UNIT - I Micro Economics

1. Cardinal Utility Analysis : Marginal Utility, Total Utility, Law of Diminishing Marginal Utility and Law of Equimar-ginal Utility (Consumer’s Equilibrium), 2. Ordinal Utility Analysis : Indifference Curve Analysis, 3. Consumer’s Surplus, 4. Production Function : Cobb-Douglas Production Function and Law of Variable Proportion, 5. Iso-Product Curve : Meaning, Characteristics, Iso-Cost Line Production Decision and Expansion Path, 6. Returns to Scale, 7. Economies of Scale, 8. Concepts of Cost, 9. Forms of Market, 10.Features of Prefect Market and Equilibrium of Firm and Industry, 11. Derivation of Supply Curve Under Perfect Competition, 12. Monopoly : Price and Output Determination, 13. Price Discrimination Under Monopoly, 14. Monopolistic Competition : Price, Output Determination and Importance of Selling Costs, 15. Oligopoly, 16 .Duopoly, 17. Marginal Productivity Theory of Distribution, 18. Adding up Theorem (or Euler’s Theorem), 19. Ricardo and Modern Theory of Rent, 20. Interest : Classical and Keynesian Theory, 21. Profit : Innovation, Risk and Uncertainty Theories, 

UNIT - II Macro Economics

1. Say’s Law of markets, 2.Classical theory of Employment and Keynes Criticisms, 3. Keynesion theory of Effective or Aggregate Demand (Aggregate Demand Function and Aggregate Supply Function), 4. Consumption Function, 5. Investment Function, 6. Marginal Efficiency of Capital, 7. Investment Multiplier, 8. Model of Income Determination, 9. An Outline of IS and LM Analysis, 10. Rate of Interest and Its Theories, 11. Types and Causes of Unemployment, 12. Inflation and Its Social Cost, 13. Unemployment : The Trade off between Unemployment and Inflation, 

UNIT - III Public Finance

Introduction

1. Meaning and Scope of Public Finance, 2. The Principle of Maximum Social Advantage, 3. Public Goods vs. Private Goods, 4. Public Budget and Techniques of Budgeting, 5. Deficit Financing,

Public Expenditure

6. Public Expenditure : Meaning, Nature, Wagner’s and Wiseman-Pecock’s Law, 7. Classification and Canons of Public Expenditure, 8. Economic Effects of Public Expenditure, 

Public Revenue

9. Public Revenue : It’s Classification and Sources, 10. Canons of Taxation and Characteristics of a Good Tax System, 11. Benefit and Ability to pay Principles of Taxation, 12. Kind or Classification of Taxes, 13. The Division of Tax Burden : Incidence of Tax, 14. Effects of Taxation on Economy, 15. Taxable Capacity, 

Public Debts

16. Public Debts : Role and Classification, 17. Redemption of Public Debt and Management, 

The Federal Finance

18. Financial Federalism and Financial Adjustment in India, 19. Evolution of the Federal Finance in India, 20. The Finance Commission, 21. Review of Indian Tax System, 22. Budgeting Procedure and Financial Control in India, 23. Value-Added Tax and Modified Value-Value Added Tax, 24. G.S.T.—Format and Computing Porcess.